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Muscle Flex, Inc. (MFLI.PK) Announces Launch of New Corporate Website

QualityStocks (November 4th, 2009) Writes:

Muscle Flex Inc. announced this afternoon that it has launched its new corporate website at www.MuscleFlexInc.com. Muscle Flex is currently in the process of re-designing all of its online sites and properties to reflect a consolidated and focused marketing and image brand.

“We are re-designing all of our media heading into the national release of the Beagle StepFit Pedometer and the BUDDY Tablet Caddy so that it is consistent with its imagery and branding across all of our products, Muscle Flex and my role as the spokesperson,” stated Danny Alex, CEO and Founder of Muscle Flex. “It’s a huge task and we are working round the clock to continue the process. Every Muscle Flex media piece that the consumer has exposure to must exceed their expectations or at the very least, meet them. Investors can expect a lot of new media pieces

...

Ting Hsin To Franchise FamilyMart Stores In China

China Retail News (November 2nd, 2009) Writes:
According to Yu Guoxiong, a spokesperson for Ting Hsin International Group, Ting Hsin plans to open the franchise rights of its convenience store brand FamilyMart in mainland China at the end of 2009. At present, all FamilyMart stores in mainland China are directly operated by the group. FamilyMart convenience stores, along with Master Kong instant noodles, beverages, [...]

Xcellink International Inc. (XCEL.OB) Takes Major Step towards National Recognition

QualityStocks (October 29th, 2009) Writes:

Xcellink International Inc. is a Las Vegas Company that has the potential to develop into a major player in the next generation of customer payment systems. In an industry that has the potential to be worth billions, Xcellink is becoming known for their state-of-the-art technology which is led by a patented system that has the potential and capabilities to replace all credit, debit, charge and smart cards.

Xcellink is poised for a global presence with the announcement that it will issue patents in Australia and New Zealand which will be entitled ‘Automated Electronic Funds Transfer System and Method’ and will cover the automated data interchange to achieve transactions between customers and merchants over local wired or wireless links.

These patents will provide Xcellink the opportunity to dominate in the 21st Century E-Commerce business structure and will give the young company uniform patent protection across the whole territory of Australasia.

A company spokesperson

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Caraco reaches agreement with FDA panel (AMEX: CPD)

Mike Brown (October 2nd, 2009) Writes:

Caraco Pharmaceuticals, an US-based subsidiary of Sun Pharma has agreed to go through a series of actions as per the requirements of the Food and Drug Administration of the United States of America after which the FDA would lift their ban on certain manufacturing units of Caraco Pharmaceuticals. The voluntary agreement was reached between the two today and Caraco has agreed to take a series of measures to satisfy the Food and Drug Administration panel so that they can approve and permit to resume the manufacturing units in the Detroit area.

Currently, Caraco Pharmaceuticals is facing a ban on certain manufacturing pharmaceutical products that are distributed in the Detroit and Michigan area for violating theFDA norms on the cGMP. Hence, this agreement is one solution for Caraco Pharmaceuticals to re-establish their

...

Penske Walks Away from Saturn – Analyst Blog

Zacks Market Commentaries (October 1st, 2009) Writes:
Penske Automotive Group (PAG) has declined to buy the Saturn brand from General Motors (GM), despite nearing the end of the deal. The spokesperson of the Michigan-based second leading automotive retailer in the U.S. has explained that Penske was unable to find a manufacturer to make the Saturn models when GM stops producing them after 2011. In June, Penske had reached a tentative agreement with GM to purchase the brand. Under the deal, GM had agreed to manufacture three Saturn models beyond 2011, but afterwards Penske was supposed to manufacture the products made by a third-party manufacturer. Speculation was rife that Penske was discussing the production of Saturn with French automaker Renault or a Chinese automaker to produce Saturn but the company spokesperson has not confirmed either. As Penske failed to reach an agreement with third party manufacturers for Saturn, it had no option but to ...

South Korea OKs iPhone – Analyst Blog

Zacks Market Commentaries (September 24th, 2009) Writes:
According to media reports, Apple (AAPL) has been approved by the telecommunications regulator in South Korea to sell its iPhone in the country. Apple did not make any comment on the same. We are pleased with the South Korean Communications Commission approval of the iPhone’s sale in the South Korean domestic market, which comes against the backdrop of the technical issues that required the iPhones to use South Korean technology for location-based services such as GPS.  As a result, the Commission had previously blocked the sale of iPhone in South Korea because of its built-in mapping capabilities that violate a South Korean rule. The Commision’s spokesperson said that the approval to sell the iPhone device has been given by five commissioners during a meeting after amending a technical rule due to high consumer demand for iPhones.  It is speculated that the iPhone will be sold in ...

What the Heck Is Going on in China?

Contrarian Profits (September 15th, 2009) Writes:

That’s a question that Westerners have been asking for, oh, several millennia now. Or at least since Marco Polo aimed his ponies down the old Silk Road in 1271.

Now as then, China keeps its own counsel. We know what they want us to know, plus what we can surmise from rumor and reading between the lines. But lately, we’ve been able to add presumption to news and come up with something that looks very significant.

Specifically, there’s been a flood of tantalizing stories out of the East that, taken together, strongly suggest a growing preoccupation with a form of money that was ancient even in Signor Polo’s time. And it ain’t silk. It’s gold.

We already learned, back in April, that China has been salting away bullion for the previous six years, out of sight of international gold watchers. To the tune of 14.6 million ounces. Now the evidence suggests that that

...

The Credit Rating Firms Are Running Scared – It’s About Time

Shah Gilani (September 11th, 2009) Writes:

When it comes to the U.S. credit crisis, we’ve all heard the numbers. The stock market decline wiped out $7 trillion in shareholder wealth. It forced the federal government to commit to $11.6 trillion in bailout programs and stimulus spending. And it’s led to the longest U.S. downturn since the Great Depression.

Everyone also knows that some of the key culprits behind this financial mess were the credit-rating firms like Standard & Poor’s and Moody’s Investors Service, which assigned top-tier “AAA” ratings to investments that were actually backed by subprime mortgages and other toxic debt.

Whether it was collusion or incompetence almost didn’t matter: The firms claimed that the credit ratings they issued were constitutionally protected free speech. With this First Amendment shield, S&P, Moody’s and others said they were protected from lawsuits or other liabilities.

But that’s about to change.

A federal court judge in New York last week

...

Zacks Analyst Blog Highlights: Google, Sony Corp., Microsoft, Apple and Hewlett Packard Co. – Press Releases

Zacks Market Commentaries (September 2nd, 2009) Writes:

For Immediate Release

Chicago, IL – September 2, 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: Google (GOOG), Sony Corp. (SNE), Microsoft (MSFT), Apple (AAPL) and Hewlett Packard Co. (HPQ).

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 Tuesday’s Analyst Blog:

Google Ropes in Sony

Google (GOOG) recently struck a deal with Sony Corp. (SNE), according to which the latter will ship the Chrome browser pre-installed on some of its PC models. The financial or other details of the transaction were not disclosed. A Google spokesperson said that

...

Google Ropes in Sony – Analyst Blog

Zacks Market Commentaries (September 1st, 2009) Writes:
Google (GOOG) recently struck a deal with Sony Corp. (SNE), according to which the latter will ship the Chrome browser pre-installed on some of its PC models. The financial or other details of the transaction were not disclosed. A Google spokesperson said that the deal was in the nature of a first step and agreements with other leading PC-makers are expected to follow.   We think this is an interesting move and could be leveraged to boost sales of its Chrome operating system to be launched next year. Microsoft’s (MSFT) domination of the web browser space is largely attributable to its strategy of bundling the Internet Explorer with its operating system. Since MSFT operating systems continue to be the most commonly used, this is an obvious advantage. While Microsoft, being the market leader, is hindered by anti-trust actions from smaller players, Google Chrome is not likely to face ...

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