Cardiac Network, Inc. Announces Retirement of 51 Million Shares of Common Stock

SAN FRANCISCO, CA–(Marketwire - October 30, 2008) - Cardiac Network, Inc. (PINKSHEETS: CNWI)
announced today that it will retire 51 million shares of common stock as
part of a capital restructuring in which founders and early stage investors
agreed to make voluntary downward adjustments in their respective holdings.

The restructuring plan was undertaken in anticipation of, and to
facilitate, [...]

Yahoo, AOL in due diligence on combination: source (Reuters)

Reuters - Yahoo Inc and Time Warner Inc’s AOL unit are looking at each other’s books to figure out how much money they could make together and where costs can be saved, a person familiar with the talks said on Wednesday, indicating a merger may finally be on the way.

U.S. auto aid pleas mount; Treasury says no GM talks (Reuters)

Reuters - Six U.S. governors and a group of chief executives on Thursday urged the Bush administration in a letter to aid the embattled auto industry while the White House rebuffed a request for direct support of a merger between GM and Chrysler.

Canadian Spirit Resources Inc. Announces Grant of Stock Options to Replace Stock Appreciation Rights

CALGARY, ALBERTA–(Marketwire - Oct. 30, 2008) - Canadian Spirit Resources Inc. (”CSRI” or the “Company”) (TSX VENTURE:SPI) (PINK SHEETS:CSPUF) announces that subject to TSX Venture Exchange acceptance, the Board of Directors has approved a grant of 600,000 options to acquire shares in the Company to replace 600,000 currently outstanding stock appreciation rights (”SARs”).
“In the current [...]

E.G. Capital Inc. Announces Results for the Second Quarter Ended August 31, 2008

BROSSARD, QUEBEC–(Marketwire - Oct. 30, 2008) - E.G. Capital Inc. (NEX:EGC.H), (”E.G. Capital”), formally National Construction Inc., today announces results for the second quarter ended August 31, 2008.
Comparison of the three months ended August 31, 2008 and August 31, 2007
Revenue was $nil for the three month period ended August 31, 2008 as compared to $52,571 [...]

New snag for Hubble, no repair mission before May (AP)

AP - The Hubble Space Telescope is working again, taking stunning cosmic photos after a breakdown a month ago. But the good news was quickly tempered by NASA’s announcement Thursday that a mission to upgrade the popular telescope will be delayed at least until May.

PC makers recall 100,000 Sony laptop battery packs (AP)

AP - Computer makers are recalling 100,000 laptop battery packs made by Sony Corp. after 40 reports of overheating, according to a U.S. Consumer Product Safety Commission notice Thursday.

Motorola cuts 3,000 jobs, delays spinoff of cell phone unit (AFP)

AFP - Motorola Inc. announced on Thursday that it was cutting its global workforce by 4.5 percent, or some 3,000 employees, and delaying the spinoff of its troubled cell phone unit.

Ex-CEO says AIG running out of time to be saved (Reuters)

Reuters - Maurice “Hank” Greenberg, the former American International Group Inc chief executive, says the terms and conditions surrounding a government rescue loan are pushing the insurer closer to collapse with each day.

True North Gems Announces Private Placement

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Oct. 30, 2008) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES
True North Gems Inc. (the “Company”) (TSX VENTURE:TGX) announces, further to its press release issued September 29, 2008, that it intends to complete a non-brokered private placement of up to 10,000,000 units at a price of [...]

TEXADA Software Inc. to Continue to Ontario and Consolidate Its Outstanding Common Shares

TORONTO, ONTARIO–(Marketwire - Oct. 30, 2008) - TEXADA SOFTWARE INC. (TSX VENTURE:TXS) (”Texada” or the “Company”) announces that it intends to continue to Ontario (the “Continuance”) from British Columbia and consolidate its outstanding common shares on the basis of one (1) new common share for every ten old common shares (the “Consolidation”).
Currently, the Company has [...]

Electronic Arts posts larger loss, cuts jobs (AP)

AP - Video game publisher Electronic Arts Inc., whose titles include “Rock Band,” posted a wider quarterly net loss Thursday and said it is laying off about 6 percent of its work force to cut costs as it heads into the most lucrative season for the games industry.

MMX Mineração e Metálicos S.A.: Publicly Held Company Material Fact

RIO DE JANEIRO, BRAZIL–(Marketwire - October 30, 2008) - MMX Mineração e Metálicos S.A.
(”MMX” or “Companhia”) (BOVESPA: MMXM3) (TSX: XMM), in accordance with
article 157 of Brazilian Law No. 6.404/76 and CVM Instruction No. 358/02,
announces that it has determined to voluntarily delist its global deposit
receipts (”GDRs”) from the Toronto Stock Exchange (”TSX”). The GDRs [...]

Sun posts $1.7B loss for fiscal 1Q (AP)

AP - Sun Microsystems Inc. posted a $1.7 billion loss for its latest quarter Thursday as the maker of servers and business software wrote down the value of the company because of the slow economy and a huge decline in its stock price.

MacKenzie Patterson Fuller, LP Announces Extension of Tender Offer for FSP Phoenix Tower Corp.

MORAGA, CA–(Marketwire - October 30, 2008) - MPF DeWaay Fund 5, LLC, MPF DeWaay Premier Fund
4, LLC, MPF Senior Note Program II LP, MPF Flagship Fund 9, LLC, MacKenzie
Patterson Special Fund 6-A, LLC, MPF Flagship Fund 13, LLC, MPF DeWaay Fund
7, LLC, Steven Gold, Moraga Gold, LLC, MPF Income Fund 24, LLC; and
MacKenzie Patterson [...]

PC Manufacturers Recall More Sony Batteries

Remember the brouhaha a couple of years ago when Sony took the heat for failing to tell consumers immediately about a problem with its notebook pc batteries? The electronics giants today seems a bit more proactive, announcing it is working…

Huttig Building Products, Inc. Announces Third Quarter 2008 Results

ST. LOUIS, MO–(Marketwire - October 30, 2008) - Huttig Building Products, Inc. (NYSE: HBP), a
leading domestic distributor of millwork, building materials and wood
products, today announced results for the third quarter and nine months
ended September 30, 2008.

Third Quarter Results

Third quarter 2008 net sales continued to be impacted by the 32% year over
year decline in average [...]

Terese Kramer Joins CoActiv Capital Partners as Vice President of Asset Management

HORSHAM, PA–(Marketwire - October 30, 2008) - CoActiv Capital Partners (CoActiv), a Marubeni
Group Company, appointed Ms. Terese Kramer as Vice President of Asset
Management.

An industry veteran, Ms. Kramer brings 30 years’ equipment leasing
experience — 15 years in the US and, subsequently, 15 years in the UK.
Most recently, Ms. Kramer was principal of TK Consultants, an [...]

Infonetics Research: GPON sales up 77% in 2Q08, driven by Verizon’s FiOS buildout

CAMPBELL, CA–(Marketwire - October 30, 2008) - Market research firm Infonetics Research reports that the
worldwide PON equipment market grew 17% to $486 million in 2Q08, thanks
primarily to Verizon, whose FiOS buildout prompted a huge increase in BPON
ONT and GPON OLT shipments.

The PON equipment market is driven by service provider investments in
broadband access networks to [...]

Williams Financial Group Partners With Local Arkansas Team

LITTLE ROCK, AR–(Marketwire - October 30, 2008) - A local Arkansas team of financial
consultants recently joined Williams Financial Group (WFG), one of the
“biggest fastest growing independent broker-dealers” according to
SourceMedia Inc. and Financial Planning.

Jerry B. Pendergist, a 35-year financial services veteran, manages the new
WFG Little Rock branch of six senior financial consultants — Chuck Allen,
Nathan [...]

Nomination de M. Ian Collins à titre de président par intérim de Cogeco Data Services

MONTREAL, CANADA–(Marketwire - 30 oct. 2008) - M. Louis Audet, président et chef de la direction de Cogeco Câble (TSX:CCA), a annoncé aujourd’hui la nomination de M. Ian Collins à titre de président par intérim de Cogeco Data Services Inc. M. Collins débutera ses nouvelles fonctions à compter du 1er novembre 2008.
M. Collins a [...]

Appointment of Ian Collins as Acting President of Cogeco Data Services

MONTREAL, CANADA–(Marketwire - Oct. 30, 2008) - Mr. Louis Audet, President and CEO of Cogeco Cable (TSX:CCA) announced today the appointment of Mr. Ian Collins as Acting President of Cogeco Data Services Inc. Mr. Collins will begin his new duties effective November 1, 2008.
Mr. Collins was President of FibreWired Hamilton prior to joining Cogeco Data [...]

TeleCommunication Systems to Present at 2008 AeA Classic Financial Conference

ANNAPOLIS, MD–(Marketwire - October 30, 2008) - TeleCommunication Systems, Inc. (TCS)
(NASDAQ: TSYS), leading provider of mission-critical wireless
communications, has been invited to present at the 2008 AeA Classic
Financial Conference to be held at Manchester Grand Hyatt in San Diego,
California, on November 2-5, 2008.

TeleCommunication Systems’ chairman, president and CEO, Maurice B. Tosé,
and senior vice president and [...]

9 out of 10 Zombies Prefer Fingers Over Brains According to 211(me)

Mobile Media Company Provides Timely Diversion for iPhone Users With Attack of the Zombie Politicians

Homeland Uranium Inc. Completes Investment in Macusani Yellowcake Inc.

TORONTO, ONTARIO–(Marketwire - Oct. 30, 2008) - Homeland Uranium Inc., (”Homeland or the “Company”) is pleased to announce that pursuant to the share purchase agreement between Homeland and Macusani Yellowcake Inc. (TSX VENTURE:YEL) (”Macusani”) dated October 15, 2008, Homeland has acquired 7,619,047 units of Macusani at a price of $0.2625 per unit for total purchase [...]