Latest [PR Newswire] from SOA WORLD MAGAZINE

Sunstone Hotel Investors, Inc. Designates New Shelf Registration Statement to Effect Resales of Shares of Common Stock Issuable Upon Exchange of the Exchangeable Senior Notes Due 2027 of Its Operating Partnership

Thu, 20 Nov 2008 19:40:21 EST

Sunstone Hotel Investors, Inc. (NYSE: SHO) announced today that it has designated the new shelf registration statement that it filed on November 6, 2008 with the Securities and Exchange Commission (the "Commission") to replace the existing shelf registration statement that was previously designated on October 12, 2007 pursuant to the terms of the Registration Rights Agreement among it, Sunstone Hotel Partnership, LLC (the "Operating Partnership"), Bear Stearns & Co. Inc., Citigroup Global Markets Inc. and Wachovia Capital Markets, LLC, dated June 18, 2007, and the Registration Rights Agreement among it, the Operating Partnership and Bear Stearns & Co, Inc., dated June 27, 2007, both relating to Sunstone Hotel Partnership, LLC's 4.60% Exchangeable Senior Notes due 2027. The previously designated shelf was set to expire on December 20, 2008. The new shelf registration statement became effective today and, among other things, allows electing holders of notes who may receive shares of common stock issuable upon exchange of the notes to effect resales of the shares of common stock under a prospectus included in the new shelf registration statement. The exchangeable notes were offered and sold on June 18, 2007 and June 27, 2007 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

NTRglobal, Aria Systems, Autotask and SalesBoom.com Discuss Innovative CRM Practices for SaaS Success at SIIA OnDemand

Thu, 20 Nov 2008 19:30:18 EST

Software-as-a-service (SaaS) innovators, venture capitalists, bankers and technology influencers gathered at SIIA OnDemand 2008 in San Jose, November 17-19 to discuss the issues and proven strategies for succeeding with SaaS.

Vista Partners Updates Coverage on Javo Beverage Company Inc.

Thu, 20 Nov 2008 19:26:34 EST

Vista Partners announced today that it has updated coverage on Javo Beverage Company Inc. (OTC Bulletin Board: JAVO) maintaining its twelve month target price of $1.32. Ross Silver, Director of Research at Vista Partners stated, "Javo is on pace to achieve its projection of 10,000 installed dispensers by year end. Based on the average yearly revenue per dispenser, the Company should surpass its operating income breakeven point in 2009. We believe Javo will experience continued high growth based on the fact that the Company has penetrated less than 10% of its current client base. Javo is well positioned to maintain its growth in the face of the economic slowdown because of the increased demand by consumer's for low cost alternatives to expensive coffee house products. We believe that Javo's high growth and defensive characteristics make it one of the best small cap companies investors will come across." To download a FREE copy of the report, please visit the Vista Partners website at http://www.vistap.com and click on the download research icon.

Engine Manufacturers Ready to Implement 2010 Heavy-Duty Vehicle Emissions Standards

Thu, 20 Nov 2008 19:23:03 EST

The Engine Manufacturers Association (EMA) today affirmed that its members are on schedule and ready to meet EPA's stringent 2010 emission standards for heavy-duty engines. Engine manufacturers have invested heavily in engineering technological solutions and design changes to meet the new NOx emission standard that is required for 2010 model-year engines and see no technological barriers to meeting the standard.

San Jose's Tallest Residential High-Rise Opens

Thu, 20 Nov 2008 19:15:49 EST

The 88, San Jose's newest high-rise residential tower, is now complete -- a monumental step in the resurgence of this city's downtown. At just under 88 meters, The 88 is the tallest residential building between San Francisco and Los Angeles, standing one foot taller than the new city hall just blocks away and making a dramatic impact on the city's changing skyline.

DISH Network and EchoStar Statement Regarding Tivo

Thu, 20 Nov 2008 19:15:33 EST

DISH Network Corporation (Nasdaq: DISH) and EchoStar Corporation (Nasdaq: SATS) issued the following statement regarding today's developments in the Tivo Inc. v. EchoStar Communications Corp. lawsuit:

Ozone Treaty Parties Agree to Start Cutting More Climate Emissions

Thu, 20 Nov 2008 19:01:04 EST

Today the 193 Parties to the Montreal Protocol on Substances that Deplete the Ozone Layer - representing virtually all countries of the world - agreed for the second year in a row to strengthen their treaty to provide additional protection for both the ozone layer and the climate system.

NGX Continues Successful Expansion Into Key U.S. Markets

Thu, 20 Nov 2008 19:00:34 EST

Transco Station 65 to Open in December

Yoursphere.com - Contest For Teen and Tween Writers!

Thu, 20 Nov 2008 18:50:49 EST

Yoursphere.com -- the teen network that puts Internet safety first-announces the Yoursphere Young Editors Contest for teens and tweens ages 9-18. Ever wanted to earn money to write about what you love? Here's your chance!

ReachMD Announces New Strategic Partnership with American Medical Directors Association

Thu, 20 Nov 2008 18:45:04 EST

ReachMD, the first satellite radio channel created for medical professionals by medical professionals, announced today their newest strategic programming partnership with the American Medical Directors Association (AMDA), the professional association of medical directors, attending physicians, and others practicing in the long term care continuum.

Pelosi Statement on Congress Sending Unemployment Insurance Legislation to President

Thu, 20 Nov 2008 18:39:17 EST

Speaker Nancy Pelosi released the following statement this evening upon the Senate's passage today of legislation extending unemployment insurance benefits for seven weeks and for 13 additional weeks in states with unemployment rates above 6 percent. The bill now goes to President Bush, who is expected to sign it into law this week:

Zales New Patented Diamond Cut Reaches Greatest Level of Brilliance

Thu, 20 Nov 2008 18:37:49 EST

With the holidays around the corner, Zale officially launched its Celebration Diamond across all its stores and online, including its flagship brand Zales Jewelers. This new patented diamond cut designed to please even the most discerning bride features remarkable clarity and exceptional color with 102 facets for unprecedented sparkle and fire. It's no coincidence that the launch coincides with the most popular time of year for marriage proposals.

Men Charged With Conspiracy to Threaten and Kill African-Americans

Thu, 20 Nov 2008 18:37:49 EST

Midwest Bankers Support More Economic Reform, Oppose Federal Bailout of Detroit

Thu, 20 Nov 2008 18:34:48 EST

Some of the Midwest's top banking executives spoke out Wednesday, Nov. 19 about the country's economic crisis, the proposed federal bailout of Detroit automakers and the strength of their own industry. The special panel discussion - "Can The Economy Be Saved?" - was hosted by the School of Business and Technology at Webster University in St. Louis, Mo.

Aurora Systems Announces the Introduction of a New LCOS Panel for Mobile Viewing Market

Thu, 20 Nov 2008 18:32:48 EST

Aurora Systems Incorporated announced today the introduction of a new line of liquid crystal on silicon panel designed for mobile projection applications.

Library News You Can Use: TechConnect Showcase, KCLS Best Books of 2008

Thu, 20 Nov 2008 18:30:49 EST

The following release is being issued by King County Library System:

National Minority Quality Forum Applauds AMA's Health Insurer Code of Conduct

Thu, 20 Nov 2008 18:27:17 EST

The National Minority Quality Forum (NMQF) today applauded the American Medical Association's recent decision to develop a Health Insurer Code of Conduct and called on physician and patient advocates to join the Forum in encouraging adoption and compliance by health-insurance plans.

Vector Intersect Security Acquisition Corporation Announces Postponement of Its Special Shareholders Meeting Until Completion of Proxy Statement

Thu, 20 Nov 2008 18:19:03 EST

Vector Intersect Security Acquisition Corporation (OTC Bulletin Board: VTRQ), a special purpose acquisition company, today announced that its special meeting of shareholders to vote on the proposed merger with Cyalume Light Technologies, among other items, has been postponed until its proxy statement can be completed and mailed to stockholders. Vector will announce the rescheduled date for the stockholders meeting as soon as possible.

The Bank of New York Mellon to Reduce Global Workforce by 4%

Thu, 20 Nov 2008 18:15:34 EST

The Bank of New York Mellon Corporation (NYSE: BK), the global leader in asset management and securities servicing, said today that it will reduce its worldwide workforce of 43,000 by approximately 4 percent, or 1,800 positions.

'mktg, inc.' Files Current Report on Form 8-K

Thu, 20 Nov 2008 18:08:33 EST

Concludes Previously Issued Financial Statements Should Not Be Relied Upon But Reaffirms Continuing Strength of the Business

Los Angeles Auto Show Names Mazda Kann as the Design Challenge Winner

Thu, 20 Nov 2008 18:07:18 EST

Today, the design entry from Mazda R&D of North America was chosen as the winner of the Los Angeles Auto Show's 2008 Design Challenge. This year's theme, Motor Sports 2025, asked nine of Southern California's automotive design studios to form their vision of the future by depicting a motor sports vehicle that predicts how auto racing will change by the year 2025.

Ninetowns Reports First Half 2008 Financial Results

Thu, 20 Nov 2008 18:00:18 EST

Ninetowns Internet Technology Group Company Limited (Nasdaq: NINE) ("Ninetowns" or the "Company"), one of China's leading providers of online solutions for international trade, today reports its financial results for the six month period ended June 30, 2008.

Community Capital Bancshares Announces Third Quarter Results of Operations

Thu, 20 Nov 2008 17:59:47 EST

Community Capital Bancshares Inc. (Other OTC: ALBY) today announced a loss for the nine months ended September 30, 2008 of $5,325,000 or $1.74 per basic share. This compares with income of $35,000 or $0.01 per basic share for the nine months ended September 30, 2007. For the three months ended September 30, 2008, the Company incurred a loss of $3,059,000 or $0.99 per basic share, in comparison to the loss of $447,000 or $ 0.15 per basic share made during the same period of 2007.

Pennsylvania's Employment Situation: October 2008

Thu, 20 Nov 2008 17:56:47 EST

Pennsylvania's seasonally adjusted civilian labor force -- the number of people working or looking for work -- rose to 6,446,000 in October. Resident employment fell by 2,000 for the month, while unemployment was up 4,000. The labor force was up 157,000 since October 2007, with employment and unemployment up over the year.

Jay Hanson, Panelist at SEC Mark-to-Market Accounting Roundtable, Available for Interviews

Thu, 20 Nov 2008 17:52:18 EST

Jay Hanson, a mark-to-market accounting expert, is a panelist at the Securities and Exchange Commission's roundtable tomorrow on mark-to-market accounting. Jay is available for interviews before and after the roundtable. The SEC's discussion will take place on Nov. 21 from 9:30 am to 12:30 pm.

CSC Establishes South Carolina's First Apprenticeship Program for Information Technology Sector

Thu, 20 Nov 2008 17:52:02 EST

CSC (NYSE: CSC) announced today that its World Sourcing Services location in Blythewood, S.C., is sponsoring the state's first federally recognized apprenticeship program in the information technology field. In conjunction with Apprenticeship Carolina(TM), a division of the South Carolina Technical College System, CSC will begin its apprenticeship program by training UNIX administrators and is planning to expand the program into other occupations in partnership with Midlands Technical College.

BioSpecifics Technologies Corp. to Present at Piper Jaffray 20th Annual Health Care Conference

Thu, 20 Nov 2008 17:51:33 EST

BioSpecifics Technologies Corp. (OTC Bulletin Board: BSTC), a biopharmaceutical company developing first in class collagenase-based products, today announced that BioSpecifics' President, Thomas Wegman, will present at the upcoming Piper Jaffray 20th Annual Health Care Conference on Tuesday, December 2, 2008, at 4:30pm ET at the New York Palace Hotel in New York, NY.

PA Governor Rendell Says Mounting Job Losses Mean Tougher Times Ahead

Thu, 20 Nov 2008 17:51:33 EST

Infrastructure Investments Necessary Even as Belts are Tightened

Ross Stores Announces Quarterly Dividend

Thu, 20 Nov 2008 17:50:02 EST

Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.095 per common share, payable on January 2, 2009 to stockholders of record as of December 10, 2008.

Salvation Army Dinosaur Descends on Downtown Pittsburgh; Creation Rex to Make Red Kettle Campaign Debut

Thu, 20 Nov 2008 17:47:02 EST

He's big. He's scary. He's ringing the bell for The Salvation Army. Thanks to the support of the Art Institute of Pittsburgh and a select group of students, "Creation Rex" is ringing in the Red Kettle season for The Salvation Army's downtown Pittsburgh Temple Corps. The giant dinosaur will be dressed in his cape and holding his bell at 420 Boulevard of the Allies directly in front of the school beginning Friday, November 21st and stay at his post until the end of 2008.

Photos: Nevada's Saint Mary's Regional Medical Center Raises $1.3 Million During Centennial Soiree

Thu, 20 Nov 2008 17:44:31 EST

Reno's Downtown Ballroom was transformed into a Cirque style extravaganza on Saturday, Nov. 15 as over 850 guests filled the ballroom to help raise funds for one of Reno's most cherished institutions, Saint Mary's Regional Medical Center. Generations of Nevada residents and many of Nevada's prominent leaders, including Nevada Governor Jim Gibbons were in attendance.

FDA Approves Promacta(R) (Eltrombopag), the First Oral Medication to Increase Platelet Production for People With Serious Blood Disorder

Thu, 20 Nov 2008 17:43:33 EST

The Laclede Group Increases Quarterly Dividend

Thu, 20 Nov 2008 17:41:16 EST

At today's meeting of the Board of Directors of The Laclede Group, Inc. (NYSE: LG), the Board increased the quarterly dividend from 37 1/2 cents per share to 38 1/2 cents per share on its common stock, par value $1.00 per share, which represents $1.54 on an annualized basis. The dividend will be payable on January 2, 2009, to shareholders of record on December 11, 2008. This marks the 62nd consecutive year for the payment of cash dividends by the Company, and its predecessor, Laclede Gas Company, on its common stock.

Huntsman Announces Fourth Quarter 2008 Common Dividend

Thu, 20 Nov 2008 17:39:48 EST

Huntsman Corporation (NYSE: HUN) today announced that the company's board of directors has declared a $0.10 per share cash dividend on its common stock.

Western Growers Commends President-Elect Obama

Thu, 20 Nov 2008 17:38:33 EST

Western Growers President and CEO Tom Nassif sent a letter to President-elect Barack Obama today commending him on his election victory and encouraging him to choose Arizona Governor Janet Napolitano to serve in his administration as Secretary of Department of Homeland Security.

Bayer HealthCare Donates Hundreds of Food Items to Community Food Bank of New Jersey in Response to Governor's Plea to Help the State's Population in Need

Thu, 20 Nov 2008 17:37:02 EST

WAYNE, N.J. and MORRISTOWN, N.J., Nov. 20 /PRNewswire/ Bayer HealthCare has donated hundreds of food items to the Community Food Bank of New Jersey (CFBNJ) in response to an urgent call from Governor Jon Corzine for local pharmaceutical companies to help restock supplies at the state's food banks.

Taheima Wellness Resort & Spa Expands Purchase Options for Condo Hotel Investors

Thu, 20 Nov 2008 17:33:16 EST

Whole In One Nuevo Vallarta, S.A. de C.V., today announced that it has expanded investment options at the Taheima Wellness Resort & Spa (http://www.taheima.com), a condo-hotel development currently under construction in Nuevo Vallarta, Mexico. Taheima now offers spacious studio units starting at USD $149,000, as well as one-, two-, three-, and four-bedroom units. All guest rooms will consist of oversized luxury units.

Storm Cat Energy Corporation Receives Delisting Notices From the New York Alternext US LLC and Toronto Stock Exchanges

Thu, 20 Nov 2008 17:31:02 EST

Storm Cat Energy Corporation (NYSE Alternext US: SCU; TSX: SME) today reported that it has received a delisting notice from the NYSE Alternext US LLC (NYSE Alternext US) pursuant to Section 1009 of the NYSE Alternext US Company Guide. Key reasons for the delisting of the Company's stock cited by the NYSE Alternext US include, among others, the subsidiaries of Storm Cat having filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code on November 10, 2008, its recent financial performance, and the low per share trading price of Storm Cat's common stock for a substantial period of time, as addressed by the NYSE Alternext US Company Guide in Sections 1003(a)(i)-(iv), 1003(c)(3) and 1003(f)(v).

Valmont Acquires U.K. Based Stainton Metal Company, Ltd

Thu, 20 Nov 2008 17:30:17 EST

Valmont Industries, Inc. (NYSE: VMI), a leading global manufacturer of engineered support structures for infrastructure, mechanized irrigation equipment for agriculture, and a provider of coating services and tubular products, announced today that it has acquired Stainton Metal Company Ltd, a leading U.K. manufacturer of street lighting poles.

U.S. Sugar Corp. Statement Regarding The Lawrence Group

Thu, 20 Nov 2008 17:30:03 EST

In response to a news story about interest expressed by The Lawrence Group in acquiring U.S. Sugar Corp., Senior Vice President of Public Affairs, Robert Coker said: