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Business News on February 12, 2011


Government to fully compensate States for central sales tax loss
The Chairman of Empowered Committee of State Finance Ministers, Asim Dasgupta, has said the government has agreed to fully compensate states for the losses that they have suffered due to a reduction in central sales tax (CST), estimated at Rs 14,000 crore in 2010-11. ANI

Qualitydress.com: Apple Becomes the Most Valuable Company
Qualitydress.com (http://www.qualitydress.com/products/) reports that Apple with a market value of 433.7 billion U.S. dollars will become the most valuable company.Qualitydress ACN Newswire

Hardware-wholesale.com: More Chinese Flew on Spring Festival Holidays
Hardware-wholesale.com's latest report shows that more and more passengers traveled by air during the Spring Festival holidays.The analyst of Hardware-wholesale.com said that during the period, Chinese airlines handling some 5.07 million passengers.According to the analyst from Hardware-wholesale ACN Newswire

ST-Ericsson - Press release
Following today's announcement of Nokia's new strategy, questions were raised regarding the impact on ST-Ericsson.Gilles Delfassy, president and CEO of ST-Ericsson, stated, "ST-Ericsson's plans for our new products and platforms remain on track,both with Nokia as well as with other top-tier customers, with whom we have obtained designs-wins ACN Newswire

Correction - Midas Letter Issues Alert on Cap Ex Ventures (TSX.V - CEV) - Video summary posted on InvestmentPitch.com
Vancouver, British Columbia, February 11, 2011 - In a Midas Letter Alert, James West picks Cap Ex Ventures (TSX.V - CEV) as a company that could benefit from the current interest in iron ore projects. ACN Newswire

Midas Letter Issues Alert on Cap Ex Ventures (TSX.V - CEV) - Video summary posted on InvestmentPitch.com
Vancouver, British Columbia, February 11, 2011 - In a Midas Letter Alert, James West picks Cap Ex Ventures (TSX.V - ICN) as a company that could benefit from the current interest in iron ore projects. ACN Newswire

Resaas Services Inc (CNSX - RSS) Began trading on the CNSX - InvestmentPitch.com Posts Video News Alert
Vancouver, British Columbia, February 11, 2011 - Resaas Services Inc (CNSX - RSS) is one of the latest companies to begin trading on the Canadian National Stock Exchange, better known as the CNSX. ACN Newswire

Metatron's i-Mobilize Enters Into Digital Content Distribution Agreement
Metatron, Inc. (PINKSHEETS: MRNJ) -- Metatron's i-Mobilize has finalized an extensive agreement with an award-winning company that will greatly accelerate its goal of becoming a leader in digital content distribution MarketWire

Waisale Serevi Launches Serevi Rugby Nation
Waisale Serevi today officially launched a new venture, Serevi Rugby Nation (www.serevirugbynation.com), at the USA Rugby Sevens Tournament in Las Vegas. Serevi Rugby Nation's primary goal is to grow awareness of and participation in rugby in the United States at the club, collegiate and youth program levels through comprehensive coaching programs, clinics and academies MarketWire

Intergraph(R) PV Elite(R) Webinar on February 22 to Discuss Local Stress Analysis of Pressure Vessels
Intergraph has scheduled an Intergraph PV Elite webinar for February 22, 2011, at 10:00 a.m. CST that will demonstrate the checking of local stress analysis at the vessel's nozzle/clip junction due to external loads using WRC 107 and WRC 297 standards established by the Welding Research Council. The webinar leader will be Mandeep Singh, senior developer for Intergraph PV Elite. MarketWire

George Ross, Donald Trump's Most Trusted Advisor, Advises Hawaii's Business Leaders at the Hawaii Wealth Summit
Business leaders from across the state will be at the Hawaii Convention Center February 18, 19, and 20 (Bonus VIP ONLY day February 17) for the 4th Annual Hawaii Wealth Summit sponsored by Hawaii Real Estate Investors MarketWire

Astonfield to Present at ICHT 2011 Conference on Building a Successful Solar Sector in Oman
Astonfield Renewable Resources is pleased to announce that Jacob Saper, Senior Manager of Global Strategy, Business Development and Operations, will be speaking at the upcoming International Conference on Harnessing Technology (ICHT) 2011 Conference on February 14 in Muscat, Oman MarketWire

Canadian Prime Minister Denounced by One Million Workers for Shameful Support of Egypt's Mubarak Regime
Today, Egyptian President Hosni Mubarak resigned amid a massive popular uprising for democratic reform and equal rights, making pressure from the international community for meaningful democratic reform more vital than ever MarketWire

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