Baywood International, Inc.’s wholly-owned subsidiary New Leaf Brands announced today that its new distributors, RBI Distributing in Des Moines, IA and Gateway Distributing in Omaha, NE, have expanded its distribution network with the addition of four chain stores, including Hy-Vee, Dahl’s Foods, No Frills Supermarkets and Bag ‘N Save, in addition to many other independent accounts.

“We believe New Leaf has brand appeal with captivating packaging, great taste profile and distinct points of difference. New Leaf’s naturally sweetened tea and use of a variety of different teas and flavors is what sets it apart from the competition. When the customer tries it, they buy it,” stated Scott Hodges, General Sales Manager at RBI Distributing. “We are happy with New Leaf and the potential the brand has as volume continues to grow and gains more widespread recognition.”

“I am very excited about working with RBI Distributing in Iowa and their sister

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By the time you read this column, Goldman Sachs will have probably reported a dazzling result for the second quarter. The rumors preceding this celebrated event sparked a stupendous 185-point rally on Wall Street yesterday.

But the trading day was not all about mere rumors. It was also about hearsay, hype and giddy optimism…

Meredith Whitney, “The Woman Who Called Wall Street’s Meltdown,” according to the Fortune Magazine cover of August 18, 2008, upgraded the shares of Goldman Sachs to a “Buy,” and predicted the stock would rise 30% from current levels. “Goldman has all the benefits of the capital markets in general,” said Whitney, “Without the ‘junk in the trunk’ as I like to call it.” Goldman shares jumped 5.3%.

Based on Whitney’s upgrade, and the subsequent market action, gullible investors could have deduced that the credit crisis has ended. The rest of us could have deduced that the

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By Millie Munshi

 

March 19 (Bloomberg) — Commodities surged, led by precious metals and energy, on speculation that the Federal Reserve’s steps to revive the U.S. economy will spur demand for raw materials as a hedge against inflation.

Silver headed for the biggest gain since 1979. Gold jumped the most since September, and crude oil topped $52 a barrel. Every commodity in the Reuters/Jefferies CRB Index of 19 prices climbed, while the dollar tumbled. The Fed said yesterday it may buy more than $1 trillion in government and mortgage debt to help end the recession and credit crisis.

“We’ve got a massive increase in the Fed’s balance sheet, and the markets are taking it to be both inflationary and as devaluing the dollar,” said

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This week is shaping up to be another active one on the bailout-and-financing front. First and foremost, Congress returns to work this week to consider a once-unthinkable proposal: Put up billions in taxpayer-backed loans so that Detroit’s “Big Three” can be saved. Expect a fight, however, as the bailout debate finally moves past banks to focus on General Motors Corp. (GM), Ford Motor Co. (F), and Chrysler Corp.

The situation is dire. GM is burning through cash at a pace that could mean bankruptcy, and all three players are struggling with high costs, weak vehicle sales, frozen credit lines and dwindling cash reserves calling into question whether they can survive much longer without government help. The answer, of course, is that they probably can’t.

But it’s here that the debate turns political, the Detroit Free Press reports. Congressional Democrats are pushing for some form

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With corporate headquarters in Savage, Minnesota, GreenMan Technologies, Inc., and their subsidiaries collect, process, and market scrap tires in whole, shredded, or granular form in the United States and Canada. Trading on the OTCBB as part of the Rubber and Plastics industry, GreenMan has a market capitalization of $7.41 million. Founded in 1992, the company markets their products via a direct sales force.

GreenMan Technologies collects and recycles millions of tires each year for many applications. The recycled and reprocessed tires find use as efficient alternative fuels in large industrial boilers. They also find use as a substitute for crushed stone in civil engineering applications such as roadbeds, landfill construction, and septic field construction. In addition, tires are recycled as crumb rubber for playground and sports surfaces, for rubberized asphalt, and for landscaping applications. This crumb rubber is also for public walkways, equestrian arenas, and for other molded rubber products.

The company

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