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Business News on August 6, 2011

US SEC drops proceedings against Indian American Ex- Goldman Sachs director Rajat Gupta
The US Securities and Exchange Commission has dropped its administrative proceedings against former Indian American Goldman Sachs director Rajat K. Gupta. ANI

US loses AAA credit rating for first time in history
Credit rating agency Standard and Poorcut has downgraded the US credit rating for the first time in history. ANI

Corn Products International Announces Intention to Resume Purchases under Existing Stock Repurchase Program
Corn Products International, Inc. (NYSE:CPO) announced its intention to resume purchases under its existing share repurchase program. Under the program, which expires on November 30, 2015, the Company has remaining authority to purchase up to 4,685,392 shares of the Company's common stock. The Company has not repurchased shares of its common stock under the program since May, 2010 ACN Newswire

American Vanadium (TSXV:AVC) Appoints Ron MacDonald to Board of Directors - Video Posted on
Vancouver, British Columbia, August 5, 2011 - American Vanadium Corp (TSXV:AVC) announced that Ron MacDonald, former Member of Parliament in Canada, where he held the position of Parliamentary Secretary of International Trade, has joined its Board of has produced a ""video news alert"" about American Vanadium. If this link is not enabled, please visit www ACN Newswire

Devereaux International Announces the "College for All" Contest for Students
On July 23, 2011, Student Concierge Services company, Devereaux International, announced the start of its annual contest, "College for All" in which two contestants will be awarded with an Academic Program Membership. This membership includes free college counseling and university application assistance MarketWire

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