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Business News on June 18, 2011


Finance Secretary says India needs to renegotiate 87 double taxation avoidance agreements
Finance Secretary Sunil Mitra has said that India has to renegotiate and modify 87 double taxation avoidance agreements for improved transparency in information exchange vis-…-vis the unaccounted money stashed away in foreign banks. ANI

RIKEN: A Better Way to Remember
Scientists and educators alike have long known that cramming is not an effective way to remember things. With their latest findings, researchers at the RIKEN Brain Science Institute in Japan, studying eye movement response in trained mice, have elucidated the neurological mechanism explaining why this is so ACN Newswire

South Shore Resources Announces Reverse Stock Split Effective June 20, 2011
South Shore Resources Inc. (PINKSHEETS: SSHO) wishes to announce that a 100 to 1 reverse stock split of its common stock will become effective at market opening June 20, 2011. MarketWire

MacKenzie Patterson Fuller, LP Announces a 78% Increase in the Offer Price for ATEL XI and a 66% Increase in the Offer Price for ATEL 12, LLC and an Extension of the Tender Offers
The Purchasers affiliated with MacKenzie Patterson Fuller, LP which are identified in the tender offer for ATEL Capital Equipment Fund XI, LLC have extended the expiration date with respect to their tender offer for limited liability company units (the "Units") in ATEL Capital Equipment Fund XI, LLC, through July 25, 2011 MarketWire

Planning Retirement? GoHealth Provides Steps to Take When Considering Health Insurance Options
Before planning a retirement, individuals should examine their health insurance options to ensure they have the protection they need. For younger retirees the choices may not be clear cut, and those who aren't eligible for Medicare may be on the hook for getting coverage. MarketWire

Eastern Property Holdings : Corporate Governance Update
Eastern Property Holdings Limited (EPH) /Eastern Property Holdings : Corporate Governance Update. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

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