Close Bookmark and Share This Page

Save to Browser Favorites / Bookmarks

Ask backflip blinklist BlogBookmark Bloglines BlogMarks Blogsvine BuddyMarks BUMPzee! CiteULike Connotea del.icio.us

Digg diigo DotNetKicks DropJack dzone Facebook Fark Faves Friendsite folkd.com Furl Google

Jamespot Jeqq Kaboodle kirtsy linkaGoGo LinkedIn Ma.gnolia Mister Wong Mixx MySpace Netvouz Newsvine

oneview OnlyWire PlugIM Propeller Reddit Segnalo Shoutwire Simpy Slashdot Surphace Sphinn Spurl

Squidoo StumbleUpon Technorati ThisNext Twitter Webride Windows Live Yahoo!

Email This to a Friend

  Link HTML: 

 Permalink: 

 If you like this then please subscribe to the RSS Feed.

Powered by Bookmarkify™

More »

MGM Resorts International announces common stock pricing

MGM Resorts International. (NYSE: MGM) – MGM Resorts recently announced the pricing of its previously announced offering of 40,900,000 shares of its common stocks. The company also announced the pricing of its previously announced offering of Tracinda Corpration, its largest stockholder of 27,782,000 shares of its common stock. For the latter, the public offering price is $ 12.65 a share. The sole underwriter for this transaction is Barclays Capital Inc. and is expected to close on October 18, 2010. MGM stocks are priced at $ 12.43 a share currently.

Ciena Corporation to collaborate for experiment in high- speed Ethernet

Ciena Corporation. (NASDAQ: CIEN) – Ciena Corporation, Mellanox Technologies, SURFnet and the University of Amsterdam will collaborate for an experiment to produce a high- speed, long- haul, 40 Gigabits per second Ethernet. A demo was shown for the first time at the Global Lambda Integrated Facility. Rod Wilson, Ciena’s senior director for external research program, said that this collaboration will help expand Ciena’s Ethernet solutions portfolio. Meanwhile, at the bourses, Ciena stocks are valued at $ 15.17 a share.

NCR expands Blockbuster Express grocery stores

NCR Corporation. (NYSE: NCR) – NCR Corporation has recently announced that the company would start expanding its DVD kiosk presence in southeastern United States. The company will install Blockbuster Express branded DVD kiosks in 207 grocery stores spread over North and South Carolina, Georgia and Tennessee. The Blockbuster Express DVD kiosks will thus replace 168 DVD kiosks of other competing brands. Justin Hotard, Vice President and General Manager of NCR Entertainment said that this move will enhance Blockbuster Express’s and hence NCR’s brand presence. NCR stocks are trading at $ 14.23 at the NYSE.

Starr International to purchase 1.5 million China MediExpress stocks

China MediaExpress Holdings Inc. (NASDAQ: CCME) – China MediaExpress Holdings Inc. announced that Starr International Company Inc will purchase about an aggregate of 1.5 million o the company’s common stocks through their wholly owned subsidiary Starr Investments Cayman II. The purchase will happen in two stages or two private transactions. CME’s chairman and CEO Mr Zheng Cheng said that this transaction means that Starr International views its investment in CME as a sund and long term investment. CCME stocks however, are trading under $ 13 at $ 12.31 a share at NASDAQ.

LatestBusiness-News.com acts as a source of valuable information and guidelines for investors across the world and helps them make critical judgements about stock performance. We provide thorough analysis and balanced yet conclusive insights about the developments in stock markets around the world.

To receive regular updates about stock performance visitors can follow the link below to sign up for our newsletter service:http://latestbusiness-news.com/join-now

Regards,

Don