SkyPostal Networks, Inc. recently announced that their newest facility at Newark Airport, handling their mail and parcel post traffic to and from the UK and Europe, is in full operation. The company also completed a private placement financing totaling $10 million since becoming a publicly traded company. Falcon Capital, a boutique investment banking firm based in London, acted as a placement agent for the financing.

SkyPostal is an international wholesale mail distribution company specializing in hand delivery of commercial mail and periodicals to the Latin America-Caribbean region (LAC). The new facility will service existing customers throughout the Northeast and serve new business the company expects to gain from their recent key strategic marketing agreement with Deutsche Post’s U.S. Division – DHL Global Mail. By capitalizing on the ability to utilize Deutsche Post’s global network, the SkyPostal expansion into Newark will facilitate the introduction

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Switzerland Hedge FundsGuide to Hedge Funds in SwitzerlandHere is a short collection of articles on the hedge fund industry in Switzerland. I am always looking for more valuable online tools and resources to add to these geographical hedge fund guides to the hedge fund industry. If you have a white paper or PowerPoint that I can include here please send me an email and I will post it for everyone's benefit.Swiss Hedge Fund Resources:This KPMG Article discusses the process of how to set up a hedge fund in Switzerland. Some of the topics been touched on are: Authorization requirement and process, Regulatory capital requirement, Restrictions on ...

Headquartered in Santa Clara, California, Sonic Solutions develops and markets computer software related to digital media for consumer and professional end users. Founded in 1986, and trading on the NASDAQ, their software and services enable the creation, design, management, and delivery of data, photographs, audio, interactive features, and video in digital formats. They enable this for a host of playback modes. This includes Internet, broadcast, mobile, and compact audio discs, digital video discs, and Blu-ray discs.

The company operates three divisions. Their Roxio division is their Consumer Products Group. They are the world’s leading digital media software provider. Their product lineup includes DVD Decoder, Easy Media Creator®, MyDVD®, RecordNow®, and Toast®. This consumer division sells their products through major retailers including Best Buy, Costco, Sam’s Club, Target, Wal-Mart, CompUSA, and Staples, as well as through Internet and direct marketers such as Amazon.com and CDW.

Sonic Solutions Professional Products Group creates solutions

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Please enjoy today’s complimentary issue of Currency Currents. If you’re interested in signing up and receiving this newsletter regularly, you can become a member at: http://www.blackswantrading.com/Currency_Currents.html

Key News• The U.K. economy stagnated unexpectedly in the second quarter, ending the nation's longest stretch of economic growth in more than a century. (Bloomberg)

British pound futures 60-min: News of stagnation not taken well. Ouch! 

• The Nikkei average sank 0.7 percent to its lowest close in almost five months. (Reuters)• Investors pulled their money out of Russia in the wake of the Georgia conflict at the fastest rate since the 1998 rouble crisis, new figures showed on Thursday. (FT)

Key Reports Due (WSJ): There are no economic indicators scheduled for today.

Quotable “Hatred of the producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.”       George Gilder

FX Trading – That giant sucking sound and the

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Gazprom's plan to boost investment spending by 25% this year “shocked'' analysts due to its indication that the company has “unacceptable” free cash flow. Finance Minister Alexei Kudrin says that long-term falling oil export prices might mean that Russia will begin to spend the Reserve Fund, its "financial cushion", in 2015. The UK’s Energy Minister is attempting to help Nigeria overcome problems in its energy sector. “Russia has demonstrated its willingness to use oil and gas for political purposes on several occasions.” Oil is seeing its biggest weekly gain in two months.

Analysts believe that the third day of price rises for crude oil are due to Russia’s displeasure over the US missile defense agreement with Poland. A leak from a North Sea gas pipeline may force the UK to negotiate with Russia for supplies. An Iraqi Cabinet minister invited Russia's LUKoil to renew its bid on the West Qurna-2 oil field, and urged Russian companies to seek roles rebuilding dilapidated power plants. Iraq’s oil industry is struggling to overcome political gridlock.

track S&P picks at:

http://trackthepros.com/categories.php?category_id=382

S&P Analyst Thomas Smith rates HEWLETT-PACKARD SHARES a STRONG BUY:

HPQ posts July-quarter operating EPS of $0.86 (GAAP $0.80), vs. $0.71 ($0.66), $0.01 above our estimate. Revenue rose 10%, aided by growth in all segments and currency effects. PC unit shipments grew 20%, which we believe indicates market share gains. HPQ expects to close its pending acquisition of tech services provider EDS (EDS; 24.81) shortly. We believe the deal has the potential to broaden revenue sources. We are raising our fiscal year 2008 (October) EPS estimate to $3.63 from $3.60, and keeping fiscal year 2009’s at $4.05. We are maintaining our p-e based 12-month target price of $61.

S&P Analyst Scott Kessler rates EBAY STRONG BUY:

EBAY announces it is reducing most U.S.-based fixed-price listing fees to a flat $0.35 from $0.15-$4.00, and changing the duration to 30 days from 7 days, effective Sept.

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Alex’s Notes: Dont know about you, but I consider Jim Rogers to be a very smart man. You dont become a Billionaire in commodities by being stupid. He has some very interesting things to say about the Federal Reserve Chairman Ben Bernanke in a recent interview.

In my opinion, this guy gets inflation and the big picture better than just about anyone.

8.19.2008 Latest Jim Rogers Interview,

During a 40-minute interview during a wealth-management conference in this West Coast Canadian city last month, Rogers said that:

• U.S. Federal Reserve Chairman Ben S. Bernanke should “resign” for the bailout deals he’s handed out as he’s tried to battle this credit crisis. • That the U.S. national debt – the roughly $5 trillion held by the public– essentially doubled in the course of a single weekend because of the Fed-led credit crisis bailout deals. • That U.S. consumers and investors can expect much-higher interest rates

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Index Oil and Gas, Inc. engages in the acquisition, exploration, appraisal, development, production, and sale of oil and gas properties, primarily in the prolific petroleum regions of Kansas and the onshore Gulf Coast, mainly in Texas and Louisiana. As of March 31, 2008, the company’s estimated total proved oil and gas reserves were approximately 219.469 thousands of barrels of oil equivalent. Index Oil and Gas was founded in 2003 and has offices in Houston, Texas and Bath, England.

Index is focused on working with partners to efficiently build a broad portfolio of producing properties, whose risk characteristics are carefully analyzed and managed. Because of careful risk management, the company has an enviable drilling record with excellent upside potential. The management team is particularly strong, drawing on worldwide and local area experience. Index intends to grow its existing asset base and revenues through further selective investment in the

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Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) is the latest company to be profiled by OTC Financial Network (OTCFN), a division of National Financial Communications Corp. The Corporate Facts report on Brite-Strike highlights the company’s core product line, target market, current distribution channels, and future growth strategies.

Located in Needham, Massachusetts, OTCFN has established its niche as a leading small-micro-cap investor relations and financial communications firm. For the marketing, printing, and distribution of the report, OTCFN received $100,000 and will now serve as a special advisor to Brite-Strike. The opinions and data in the report are prepared for informative purposes and are not intended as investment advice.

The founders of Brite-Strike, Glenn Bushee and Jon Neal, are active police officers who felt the need to improve the design of standard issue flashlights. The company focuses on the design and manufacturing of advanced, high-intensity LED

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