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DrStockPick.com Stock Report! 11/18/09, INTG, PWRM, RSG, KNOT, ASPN, FFNW

Source: http://drstockpick.com/?p=4852
Posted on Wednesday, November 18th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Dr. Stock Pick (http://drstockpick.com) -

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Wednesday November 18, 2009

DrStockPick.com Stock Report!

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The InterGroup Corporation (NASDAQ: INTG) today announced that, on November 17, 2009, the Company received notice from the Listing Qualifications Staff of The NASDAQ Stock Market LLC (the “Staff”) indicating that the Staff has determined to grant the Company an extension to evidence compliance with the minimum $2.5 million stockholders’ equity requirement for continued listing on The NASDAQ Capital Market, through January 28, 2010. An extension to January 28, 2010 represents the full extent of the Staff’s discretion in this matter. While the Company is working to comply with the minimum stockholders’ equity requirement by January 28, 2010, there can be no assurance that the Company will be able to do so.

Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announced further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of Personalized Medicine.”

The Knot (NASDAQ: KNOT; www.theknot.com), the #1 wedding brand, has joined forces with lifestyle and beauty brand philosophy on an exciting new partnership. The result of this unique collaboration is a multiplatform, integrated marketing campaign surrounding the launch of philosophy’s first co-branded product made exclusively for The Knot. Entitled “tying The Knot,” this just-for-brides gift set was created to pamper the bride-to-be so she looks as beautiful as she feels on her special day.

Aspen Exploration Corporation (OTCBB: ASPN) viewed what appeared to be unusual market activity yesterday and today in light of its previous announcement of November 3, 2009. That announcement advised the public that a cash dividend of $0.73 per share will be payable to stockholders of record on November 16, 2009, with the dividend being paid on or about December 2, 2009. Notwithstanding the Board’s declaration of a record date, Aspen has been advised by the Financial Industry Regulatory Authority (FINRA) of the application of Nasdaq Rule 11140(b)(2) which states: “In respect to cash dividends or distributions, stock dividends and/or splits, and the distribution of warrants, which are 25% or greater of the value of the subject security, the ex-dividend date shall be the first business day following the payable date.” Persons needing further information or interpretation should consult with their broker-dealer or legal advisors.

Republic Services, Inc. (NYSE: RSG) announced today that it has priced a private offering of $600 million of 5.25% senior notes due November 15, 2021. We intend to use the net proceeds of the offering to finance our call of our 7.875% Senior Notes due 2013, of which $450 million is outstanding, and a portion of our call of our 4.250% Senior Subordinated Convertible Debentures due 2034, of which $230 million is outstanding. The offering is subject to market and other conditions and is expected to close on November 25, 2009.

First Financial Northwest, Inc. (Nasdaq:FFNW), the holding company for First Savings Bank Northwest, announces the retirement of Robert H. Gagnier, Senior Vice President – Chief Lending Administration Officer, at the end of the year, after nearly twenty-four years of service at the Bank.

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About Dr. Stock Pick (http://drstockpick.com)
Dr. Stock Pick is a seasoned equity trader and financial investor well known for his savvy business instincts. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites including crwenews.com, stock-ir.com giving daily up to the minute information about stocks, options, currencies and more. Be sure to sign up for his award winning newsletter featuring his top stock alerts.

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