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Ascendant to take over First Commercial policiesMiami-based Ascendant Commercial Insurance will offer replacement coverage to most of the policyholders and will employ many of the former employees of First Commercial Transportation and Property insurance co., which was ordered into liquidation by a Tallahassee judge last month.
Biz Journal Friday, September 04, 2009WCI emerges from bankruptcy
WCI Communities has emerged from Chapter 11 bankruptcy as a newly reorganized, private company, eliminating more than $2 billion in debt and liabilities, according to a company press release.
Biz Journal Friday, September 04, 2009September & Its Relation To Gold
September traditionally sees a sharp rise in demand for the precious metal. The first signs are underway. On the TSX, the December gold contract jumped to US$ 978.50 an ounce, its biggest bounce in five months. n London, gold and silver climbed to three-month highs, while in New York, gold for December delivery hit a six-month high of $999.50. Historically, this is a good time for gold mining stocks too.
IB Times Friday, September 04, 2009Nine indicted in elaborate mortgage fraud scheme
Nine people, including six from South Florida, were indicted Thursday in connection with an elaborate multimillion-dollar mortgage fraud scheme involving numerous family members.
Biz Journal Friday, September 04, 2009The Fast-Growing Market of E-Book Readers
The two main players right now in the electronic book reader market are Sony (NYSE: SNE) and Amazon.com (NASDAQ: AMZN). While Sony helped pioneer the market for e-book readers using advanced electronic ink technology, it has fallen behind Amazon in the race to transform electronic readers into mass market devices. Sony’s Reader, launched in Japan in [...]
IB Times Friday, September 04, 2009General Environmental Management, Inc. (GEVI.OB) Has a Quality Leadership Team in Place
General Environmental Management Inc. is a fully integrated environmental and waste services company that provides on-site technical services, off-site treatment services, transportation, remediation services and regulatory compliance services. The company offers this full range of services for a wide variety of public and private entities. This up-and-coming company has a quality management team which is [...]
IB Times Friday, September 04, 2009Phoenix Aerospace Inc. (PIVN.OB) Announces $1+ Million in New Orders from Major Aerospace Customers
Today, Phoenix International Ventures, Inc. announced that its wholly owned subsidiary, Phoenix Aerospace Inc., received an aggregate of $1,047,000 in new purchase orders. One of the orders to design engine trailer adapters and the other is to supply ground support equipment to a major aerospace corporation. Phoenix International Ventures, Inc.’s CEO Mr. Zahir Teja commented, [...]
IB Times Friday, September 04, 2009Veritec, Inc. (VRTC.OB) Commences Trading on OTC Bulletin Board
Veritec, Inc., a pioneering developer of proprietary two-dimensional matrix technology and developer of mobile banking debit card solutions, announced this morning that its common stock has begun trading on the OTC Bulletin Board (OTCBB). Previously, Veritecâ??s common stock was quoted on the Pink Sheets. â??Veritec is very pleased to move from the Pink Sheets to [...]
IB Times Friday, September 04, 2009Mexico's Calderon: BP's Deepwater Find A Wake-Up Call
Mexico needs more reforms to rapidly tackle the deep waters of the Gulf of Mexico and shore up plummeting domestic oil production, President Felipe Calderon said.
rigzone.com Friday, September 04, 2009Santander Brazil unit IPO could exceed $5.6 bln
Banco Santander SA, the Brazilian unit of Spain's Santander, filed on Thursday for an initial public offering in Brazil and the United States, in what could become one of the largest IPOs of the year.
IB Times Friday, September 04, 20091 2 3 4
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