Score releases September 2011 U.S. online video rankings

Posted by Simon Black on Tuesday, 10/25/11 0 Comments

comScore Inc (SCOR) $20.49 +0.55 Co released data from the comScore Video Metrix service showing that 182 million U.S. Internet users watched online video content in September for an average of 19.5 hours per viewer. The total U.S. Internet audience engaged in 39.8 billion video views. Google (GOOG) Sites, driven primarily by video viewing at more »

Deer Consumer Products announces significant developments in New York Litigation against illegal short sellers; reaffirms guidance: DEER

Posted by Simon Black on Wednesday, 09/07/11 0 Comments

Deer Consumer Products (NASDAQ: DEER) $4.03 -16.56% announced that Deer is fully aware of the latest desperate short seller attacks on Deer on Sept 6, 2011, including another publication of the same old lies by a fictitious figure “Alfred Little,” including totally fabricated information, false identities, and false allegations against the co. Deer has repeatedly filed more »

Silvercorp Metals notes large short position: SVM, HAL

Posted by Simon Black on Tuesday, 09/06/11 0 Comments

Silvercorp Metals (SVM) 8.41 : Co announced that there has been a dramatic increase in the short position of its shares over the past two months which is now ~ 23 mln shares. Late yesterday afternoon, the co was forwarded a copy of an anonymous letter dated August 29, 2011 addressed to the Ontario Securities more »

Rubicon Minerals sells its royalty on company’s Phoenix Gold Project for $23.2 million: RBY, OXM

Posted by Simon Black on Thursday, 09/01/11 0 Comments

Rubicon Minerals (AMEX: RBY) $4.26 +0.11 : Co announce that Franco-Nevada has purchased all of the right, title and interest of Dominion Goldfields (“DGC”) in the 2% net smelter returns royalty payable on that part of Rubicon’s Phoenix Gold Project in Red Lake, Ontario lying beneath the waters of Red Lake (i.e. excluding mining properties more »

QEP Resources announced new $1.5 billion revolving credit facility: QEP, SCVL

Posted by Simon Black on Friday, 08/26/11 0 Comments

QEP Resources (NYSE: QEP) $33.38 -1.49 announced that it has entered into a new $1.5 billion, 5-year, unsecured revolving credit agreement with a group of 19 financial institutions. The credit facility replaces the $1.0 billion credit facility that was scheduled to mature in March of 2013. The new credit facility provides for borrowings at short-term more »

Avago reports earnings: AVGO, RENN, EEFT, GOOG, SANM

Posted by Simon Black on Thursday, 08/25/11 0 Comments

Avago Tech (AVGO $32.18 +2.92) reported third quarter GAAP earnings of $0.57 per share, $0.02 better than the Capital IQ GAAP consensus of $0.55, while revenues rose 9.6% year/year to $603 million versus the $592.8 million consensus. The company issued in-line guidance for the fourth quarter with revenues +2-5% year over year to approximately $615.1-633.2 more »

Lakes Entertainment announces joint venture: LACO, RRTS

Posted by Simon Black on Wednesday, 08/24/11 0 Comments

Lakes Entertainment: (NASDAQ: LACO) $2.31 +0.01 announced that it has entered into a joint venture with Dania Entertainment Center, LLC (“DEC”) for the management and redevelopment of the existing Dania Jai Alai fronton in Dania Beach, Florida, to convert it into a destination casino which will include slot machines, Jai Alai, entertainment, a variety of bars more »

Magnum Hunter announced proposed acquisition by its wholly owned subsidiary Williston Hunter: MHR, RNO

Posted by Simon Black on Monday, 08/22/11 0 Comments

Magnum Hunter Resources Corp. (NYSE: MHR) $4.28 -2.95% Magnum Hunter announced that the previously announced proposed acquisition by its wholly owned subsidiary, Williston Hunter ND, LLC, of oil and gas properties in the Williston Basin in North Dakota from Eagle Operating did not close yesterday due to unresolved issues between the parties resulting from what Magnum more »

Adolor announced a positive result from its Phase 2 program: ADLR, HAR

Posted by Simon Black on Thursday, 08/11/11 0 Comments

Adolor Corporation (NASDAQ: ADLR) $2.11 -4.52% announced positive, statistically significant top line results from its two Phase 2 studies of ADL5945 in chronic non-cancer pain patients with opioid-induced constipation. ADL5945, a peripherally-acting mu opioid receptor antagonist, is an investigational drug being evaluated for the treatment of OIC as well as other associated gastrointestinal complications. Both more »

Ralph Lauren reports solid results: RL

Posted by Simon Black on Thursday, 08/11/11 0 Comments

Polo Ralph Lauren Corporation  (NYSE: RL) Reports Q1 (Jun) earnings of $1.90 per share, $0.44 better than the Capital IQ Consensus Estimate of $1.46; revenues rose 33.4% year/year to $1.49 bln vs the $1.43 bln consensus. In the second quarter of Fiscal 2012, the Company expects consolidated revenues to increase at a high-teens-to-low 20% rate. Wholesale revenues more »

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