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Welcome to CRWENewswire, Stocks to Watch. I am Lynn Lumpkin. According to a definitive merger agreement between the companies, Perfumania Holdings, Incorporated would acquire all of the outstanding shares of Parlux Fragrances Incorporated - symbol PARL - in a transaction valued at approximately $170 million. Parlux stockholders will be entitled to elect between mixed stock and cash consideration and principally stock consideration under the merger agreement. The merger is expected to close in the first half of 2012. Parlux is a manufacturer and international distributor of prestige fragrances and beauty related products and is one of Perfumania’s largest trading partners. Thanks for joining me and have a great day! For CRWE Newswire, Stocks to watch, I’m Lynn Lumpkin
Parlux Fragrances, Merger...
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Added: 149 days ago
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Welcome to CRWENewswire, Stocks to watch. I am Shalika Jayasekera. Idera Pharmaceuticals Incorporated - symbol IDRA - reported that it has raised $9.5 million in a convertible preferred stock offering. Idera intends to use the net proceeds from the transaction for general corporate purposes, including continuing to fund development of its Toll-like Receptor targeted candidates, being developed to treat autoimmune and inflammatory diseases, cancer, and for use as vaccine adjuvants, and its gene-silencing oligonucleotide technology. More information about Idera Pharmaceuticals Incorporated - symbol IDRA - at iderapharma.com. Thanks for joining me and have a great day! For CRWE Newswire, Stocks to watch, I’m Shalika Jayasekera
Idera Pharmaceuticals...
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Added: 198 days ago
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Thank you for joining us. I am your host Sara Bryant at CRWE Newswire Stocks to watch. After reported strong cash growth in the second quarter of 2011, Ebix Incorporated - symbol EBIX - believes that the momentum being experienced in its sales activities, coupled with its recent decision to increase its sales staffing considerably, is expected to allow Ebix to continue to grow its EPS consistently, in spite of the increased tax forecast. A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix provides end to end solutions ranging from infrastructure Exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. For more information about Ebix Incorporated - symbol EBIX - visit ebix.com. Thank you for tuning in, have a great day. For CRWE Newswire, Stocks to watch, I'm Sara Bryant.
Ebix, Inc. (EBIX)...
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Added: 310 days ago
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Good Morning, It’s Friday Dec 30th, 2011, I’m Christina Collins with CRWENewswire Stocks In Action. Tegal Corp - TGAL - reported that it has awarded patents to multiple bidders for three of the four bid lots of Tegal’s NLD Patent Portfolio recently offered for sale for an aggregate consideration of approximately $4M. Otter Tail Corp - OTTR - announced it has sold its trucking business, E.W. Wylie, to Walden Smokey Point, Inc. and lastly; MoSys Inc - symbol MOSY - and Invensas Corp reported that they entered into a patent purchase agreement. Invensas has purchased 73 memory technology patents from MoSys for $35 million in cash. MoSys retained a royalty-free license to the patents to cover its Bandwidth Engine product line and technology partners, along with related rights to offer sublicenses to current and future partners. Thank you for joining me, happy new year and have a great day! For CRWE Newswire, Stocks In Action, I’m Christina Collins
(TGAL, OTTR, MOSY)...
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Added: 143 days ago
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Good Morning, Its Friday November 18th, 2011, I’m Shalika Jayasekera with CRWENewswire Stocks In Action. According to reports, Inmobiliaria Carso SA de CV, a company owned by Mexican billionaire Carlos Slim, has acquired a 3.2% stake in Spain’s media group Promotora de Informaciones SA. China Medical Technologies Inc - CMED - reported its unaudited financial results for the second quarter fiscal 2011, posting revenues of $37.4 million dollars, an 18.1% increase year over year. and lastly; Poniard Pharmaceuticals Inc - PARD - reported that it has entered into a licensing agreement for Focal Adhesion Kinase Technology. Poniard granted the licensee worldwide rights to an undisclosed party for the development and commercialization of any Focal Adhesion Kinase Technology related products in exchange for an upfront cash payment of $250,000, milestone payments and other considerations. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Shalika Jayasekera
(PRIS, CMED, PARD)...
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Added: 185 days ago
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Good Monday Morning, Its August 1st, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Old National Bancorp - symbol ONB - reported 2nd quarter 2011 net income of $17.0 million, a substantial increase of 61.7% compared to the same period the prior year. Next, Silver Standard Resources Incorporated - symbol SSRI - has entered into a definitive agreement with Kingsgate Consolidated Limited to sell 100% of the Bowdens project in NSW, Australia for an aggregate consideration of $75 million Australian Dollars. and finally, Windstream Corporation, making Another Significant Step in Company’s Transformation has entered into a definitive agreement to acquire PAETEC Holding Corporation - symbol PAET - in a transaction valued at approximately $2.3 billion. The combined company may create a formidable national telecommunications provider with more than $6 billion in total revenue and nationwide network with approximately 100,000 fiber route miles. Thanks for joining me and have a great one! For CRWE Newswire, Stocks In Action, I’m Sara Bryant.
(ONB, SSRI, PAET)...
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Added: 294 days ago
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Good Friday Morning, Its September 2nd, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Liz Claiborne Incorporated - symbol LIZ - has agreed to sell its global Mexx business to The Gores Group, LLC, in exchange for 18.75% of the common equity of the joint venture and total cash consideration of $85 million; according to the company, this transactoin strengthens Liz Claiborne’s financial position and enables it to de-consolidate the losses from Mexx. An affiliate of The Gores Group, LLC will acquire all of the outstanding equity of Clark Holdings Incorporated - symbol GLA -. Clark’s stockholders may receive $0.46 in cash per share at the time of the merger. and finally; Finisar Corporation - symbol FNSR - posted revenues of $228.2 Million on its First Quarter Fiscal 2012, a 9.8% Year-to-Year Growth and exceeding its prior guidance for non-GAAP earnings per diluted share. Thanks for joining me and have a great weekend! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
(LIZ, GLA, FNSR)...
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Added: 262 days ago
By: karmastock
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Welcome to CRWENewswire, Stocks to Watch for Wed Dec. 14th, 2011. I am Shalika Jayasekera. On its Fourth Quarter fiscal 2011 results, INTL FCStone Inc - INTL - posted Unaudited Total operating revenues of $108.1 million dollars, a 64% increase year over year while Fiscal 2011 was a record year for the company in both adjusted operating revenues and adjusted net income. Idera Pharmaceuticals - IDRA - reported that it presented new data showing that IMO-4200, a dual agonist of Toll-like receptor (TLR) 7 and TLR8, in combination with approved cancer treatments increased antitumor activity in preclinical models of lymphoma. Leading Tokyo Broadcaster WOWOW Incorporated has selected and integrated a content server supplied by Silicon Graphics International Corp - SGI - that is forming the core of a full high definition file-based program broadcasting infrastructure system. Thanks for joining me and have a great day! For CRWE Newswire, Stocks to watch, I’m Shalika Jayasekera
(INTL, IDRA, SGI)...
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Added: 160 days ago
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Good Morning, It’s Wednesday Dec. 28, 2011, I’m Christina Collins with CRWENewswire Stocks In Action. Arctic Cat Inc - ACAT - reported Cash Buyback of 6.1 Million Class B Shares from Suzuki Motor Corp. Arctic Cat expects to end its fiscal 2012 with more than $60 million in cash and no debt, following Suzuki share purchase. Hyperdynamics Corp - HDY - announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. and lastly; According to a definitive agreement, ORBCOMM will acquire PAR Logistics Management Systems, a subsidiary of PAR Technology Corp - PAR -, for approximately $6 million at closing, comprised of cash and common stock, plus the potential of up to $4 million in additional consideration based on achieving specific sales targets. Thank you for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Christina Collins
(ACAT, HDY, PAR)...
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Added: 145 days ago
By: karmastock
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