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People on the Move: Sept. 8
The weekly roundup of senior-level executive appointments in Greater Washington. For more People on the Move, check out the Washington Business Journal's print edition each week. Send announcements to washingtonbusinessleads@bizjournals
Biz Journal Tuesday, September 08, 2009

Momentum propels gold over $1,000/oz
Gold powered through the $1,000 per ounce psychological barrier on Tuesday, carried by a wave of pent-up technical momentum and dollar weakness, with some analysts eyeing last year's record high at $1,030.80.
IB Times Tuesday, September 08, 2009

Solarfun Power Holdings Co., Ltd. (SOLF) Announces LOI for PV Projects of 600MW
Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter of intent (LOI) with the government of Hohhot City to develop two solar projects with a combined capacity of 600MW. [...]
IB Times Tuesday, September 08, 2009

Jiangbo Pharmaceuticals, Inc. (JGBO.OB) Remains Confident in Previously Issued Guidance for Fiscal 2009
Today, Jiangbo Pharmaceuticals, Inc., a U.S. pharmaceutical company with its primary operations in China, reaffirmed its previously announced guidance for fiscal year 2009. According to the press release, the company anticipates meeting or exceeding its goals of $111 to $116 million in revenue and operating income of $40 to $43 million for the fiscal year [...]
IB Times Tuesday, September 08, 2009

RECHARGE Magazine Features XsunX, Inc.â??s (XSNX.OB) Revolutionary Solar Technology
XsunX, Inc. announced that it was spotlighted in a two-page article in the “Innovation” section (Pages 18-19) of the August 28 edition of RECHARGE Magazine. The article detailed the companyâ??s new cross-industry technology that combines state-of-the-art manufacturing technologies from the Hard Disc Drive (HDD) industry with proven thin-film solar processes, using the excess production capacity [...]
IB Times Tuesday, September 08, 2009

Harris Teeter eyes Forest City's The Yards
The Harris Teeter grocery chains plans to open a store near Nationals Park after signing a letter of intent with developer Forest City Washington Inc., according to sources close to the deal.
Biz Journal Tuesday, September 08, 2009

China regulator seeks more info on Hummer buy
China's Commerce Ministry has not rejected heavy equipment maker Tengzhong's planned purchase of GM's Hummer unit, but has asked for more information on the deal, a source familiar with the matter said on Tuesday.
IB Times Tuesday, September 08, 2009

Berlin softens stance on GM keeping Opel
The German government seemed to soften its stance on the possibility of U.S. carmaker General Motors scrapping plans to sell Opel and keeping the European carmaker instead when GM's board meets this week.
IB Times Tuesday, September 08, 2009

Mexico's Calderon Replaces Pemex Chief As Output Slides
Faced with plunging oil production during a severe recession, Mexican President Felipe Calderon replaced the politically astute head of the state oil company with a financial expert.
rigzone.com Tuesday, September 08, 2009

Venezuela, Iran Ink Oil Invest Deals for South Pars, Dokobuki Field
Iran and Venezuela signed three memorandums of understanding in the energy sector in Tehran on Sunday as part of a visit to the country by Venezuelan President Hugo Chavez.
rigzone.com Tuesday, September 08, 2009

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