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Zacks Analyst Blog Highlights: Apple Inc., KT Corp., SK Telecom, China Unicom and American Express Company – Press Releases

Zacks Market Commentaries (November 20th, 2009) Writes:

For Immediate Release

Chicago, IL – November 20, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (AAPL), KT Corp. (KTC), SK Telecom (SKM), China Unicom (CHU) and American Express Company (AXP).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

South Korea Welcomes iPhone

Apple Inc.’s (AAPL) iPhone is finally reaching the hands of South Korean mobile users. The country’s telecom regulator Korea Communications Commission (“KCC") has granted Apple the license to sell the iconic handset in the domestic cell phone market. KCC has also lifted

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AmEx to Buy Revolution Money – Analyst Blog

Zacks Market Commentaries (November 19th, 2009) Writes:
American Express Company (AXP) said on Wednesday that it will acquire Internet payment platform Revolution Money for about $300 million.  The deal is expected to close in early 2010. Following the closure of the deal, Revolution Money would operate as a subsidiary of AmEx. The founder and chief executive of Revolution Money, Jason Hogg, will continue as president and chief executive.  St. Petersburg-based Revolution Money was founded by AOL co-founder Steve Case’s Revolution LLC in 2007. Revolution Money provides payments through an internet-based platform and issues prepaid cards that can be used for offline payments or to withdraw cash from ATMs in the U.S. Additionally, Revolution Money offers MoneyExchange, a service to remit money by people using social and instant messaging networks.  According to AmEx management, this acquisition would keep AmEx at the cutting edge in terms of new payments products and platforms. The company ...

The hottest selling investor tools at www.investorideas.com; Global Stock Directories for Mining Stocks and Renewable Energy Stocks

Dawn Van Zant (November 5th, 2009) Writes:
DELTA, BC - November 5, 2009 - www.InvestorIdeas.com reports the hottest selling investor tools include the mining stocks directory and the renewable energy stocks directory, each directory listing over 900 publicly traded companies on the TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.

Barron’s Spotlight on American Express (AXP)

Stockmasters Staff (November 16th, 2008) Writes:
Warren the PimpAmerican Express Company (NYSE:AXP) shares are down 50% in the last 3 months and trading under $20 a share.  Why care?  First off, Berkshire Hathaway is its largest stockholder with 151 million, or 13%, of AXP shares. Barron's says "Berkshire's stake suggests the company's stock may be near a bottom". At Barron's: American Express: Nowhere Near Its Credit Limit By ANDREW BARY

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AmEx CEO Ken Chenault is considered among the best

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Vanguard ETFs To Move To NYSE Arca

IndexUniverse Staff (September 15th, 2008) Writes:

Market consolidation continues as AMEX and NYSE merge, shuffling some issues and creating different platforms for individual investors. 

While many Americans may be moving in with relatives as a result of the housing crisis, the 38 Vanguard exchange-traded funds are set to begin rooming, listing and trading together, due to the acquisition of the American Stock Exchange by NYSE Arca.

The consolidation of all Vanguard ETF trading on NYSE Arca will commence this Friday morning.

There are already four Vanguard ETFs—Vanguard Mega Cap 300 ETF, Vanguard Mega Cap 300 Growth ETF, Vanguard Mega Cap 300 Value ETF and Vanguard Total World Stock ETF—trading on the NYSE Arca.

There have been many recent "housekeeping" moves in the ETF market as a result of the acquisition of AMEX by NYSE Arca. In at least one respect, the move of the AMEX-listed ETFs to NYSE Arca represents an important historical footnote for the

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Pipex Pharmaceuticals (PP) Appoints Co-Founder and Vice Chairman Nicholas Stergis as Chief Executive Officer

QualityStocks (July 9th, 2008) Writes:

Pipex Pharmaceuticals, Inc. (AMEX: PP) recently announced that Nicholas Stergis, co-founder and vice chairman of the board of directors, has joined the executive management team as chief executive officer, replacing Steve H. Kanzer who will continue to serve as the company’s chairman. In addition, the company announced the resignations of Daniel J. Dorman, a director, and Dr. Charles L. Bisgaier, Pipex’s president, effective immediately.

As an original co-founder of Pipex Therapeutics, Inc., the predecessor company, Mr. Stergis has been vice chairman of the company’s board of directors since March 2007. He has also served as Pipex’s chief operating officer from 2001 until October 2006. Prior to co-founding Pipex, Mr. Stergis was co-founder, chief operating officer and director of Developmental Therapeutics, Inc., a cardiovascular drug development company. Mr. Stergis earned his his Bachelor of Science degree in biology from the University at Albany, State University of New York, and his Master of

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Uranium Energy Corp. (AMEX: UEC) Announces Addition to the Russell Microcap Index

QualityStocks (July 7th, 2008) Writes:

Uranium Energy Corp. is focused on becoming a near-term ISR uranium producer in the United States. The company has acquired, and is developing, uranium properties throughout the southwestern US. In today’s news, Uranium Energy Corp. announced that it is now listed in the Russell Microcap Index as part of Russell Investment Group’s annual reconstitution of its family of U.S. indexes.

The Russell indexes are well known, and widely used among investment managers and institutional investors for both active and passive investment strategies. As of the end of May, the Russell indexes have captured the 4,000 largest domestic stocks, which are ranked by market cap to create the Russell 3000 Index and the Russell Microcap Index. Becoming a member of the index ensures Uranium Energy a greater exposure to institutional investors, as well as constant comparison to other industry players.

In other recent news from the company, Uranium Energy announced last month that

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Entrée Gold Inc. (AMEX:EGI) – Strategic Resource Exploration at its Finest

QualityStocks (July 1st, 2008) Writes:

Entrée Gold Inc. (EGI) is an American mining and exploration company with active copper and gold interests in both the United States and Mongolia. Of the company’s 179,000 hectares (or roughly 4.5 million acres) of prime mining property, 40,000 have been thoroughly explored and shown to be extremely promising.

The land is part of a joint venture between EGI and Ivanhoe Mines, Ltd., and is known as the Oyu Tolgoi development project located in Southern Mongolia’s Gobi Desert. The resources contained in this stake are estimated to be more than four billion pounds of copper, and over two million ounces of gold. On an added note, Ivanhoe is a world mining leader, and has been associated with other multi-billion dollar superpowers such as Rio Tinto in the past. Both Rio Tinto and Ivanhoe own roughly fifteen percent of Entrée Gold, Inc. Partnership with these companies all but ensures EGI’s potential

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Global Investing Roundups

Money Morning (June 25th, 2008) Writes:
New Home Sales Plummet; Mexico Staves off U.S. Slowdown; Monsanto Reaps Big Rewards; MasterCard Pays AmEx $1.8 Billion; Buffett Concerned About Stagflation; Reduced Damages for Exxon; Nike Strong in Asia; More Cuts for Penney’s As the Federal Reserve pondered interest rates yesterday, the Commerce Department released data showing that sales of new single-family homes fell 2.5% in May from April, and more than 40% year-over-year. In a separate report, new orders for long-lasting U.S. manufactured goods were unchanged in May after two months of decline, Reuters reported. Unlike our northern neighbor, Mexico has been fairly able to stave off the effects of the U.S. slowdown. Agustin Carstens, Mexico’s finance minister, said that the Mexican economy grew more than 3% in the first half, Bloomberg reported.  For the medium to long term, the government may reevaluate its gasoline subsidy, he ...

Asia Time Corp. (AMEX:TYM) Enters Prosperity

QualityStocks (June 20th, 2008) Writes:

Asia Time Corporation, a Chinese timepiece manufacturer, was featured in a trade alert issued today by Beacon Equity. The stock has traded from $4.50 to over $5.00 in just a few sessions, with indicators pointing toward a continuation of momentum.

The company’s first quarter financial results were impressive, showing a marked improvement across the board, as compared to those of a year ago. Revenues hit $36.8 million, with a net income of $2.4 million, greatly superseding last year’s Q1 revenues of $21.1 million, and net loss of $193,000.

With a market cap of a mere $126.8 million, Asia Time Corporation is a subject of intrigue for many investors, and appears to be building strength as a company at an alarming rate. According to the Beacon Equity report, “The company attributes the increases to a portfolio of diversified products with higher selling prices, flexible and extended credit terms, and a targeted

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