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Business News on May 30, 2011


Probably the Best International Line up of Speakers Ever at a Hospital Management Event in Asia
50+ speakers have already confirmed to make presentations at the Hospital Management Asia conference on its 10TH YEAR on September 7 & 8 at the Resorts World Convention Centre in Singapore.Plenary speakers who will frame the tone and directions for discussions in the Special Interest Sessions (SIS) are thought leaders from various industries and experts in hospital management:Ms ACN Newswire

Panasonic, Hangzhou DADI, DOWA and Sumitomo Corporation to Establish Home Appliances Recycling Company in Hangzhou, China
Panasonic Corporation(1), Hangzhou DADI Environmental Protection Engineering Co., Ltd., DOWA Holdings Co., Ltd.(2), and Sumitomo Corporation today announced they have reached an agreement to form a jointly-held company in China , Panasonic DADI DOWA Summit Recycling Hangzhou Co., Ltd. (proposed name; hereafter "Panasonic Hangzhou DADI") that will recycle home appliances and electronics ACN Newswire

Allied Overseas Enters into Agreement with COL Capital to Acquire 27.65% of APAC Resource Shares
APAC Resources Limited ("APAC")(HKEx: 1104), an established natural resources investment and commodity trading company, announces the acquisition of 27.65% of APAC's total issued share capital at HK$0.70 per share by Allied Overseas Limited ("AlliedOverseas")(HKEx: 0593) from COL Capital Limited ("COL Capital")(HKEx: 0383) ACN Newswire

Qualitytoyschina.com: Microsoft Developing Personalized Search Engine Emporia
Qualitytoyschina.com reports that Microsoft hopes its new personalized search engine Emporia will allow people to visit a large number of rapidly increased online information.A team of five Microsoft scientists has been studying a smart search engine at Cambridge University. This search engine can learn and provide search results based on the needs of users ACN Newswire

Members of Mexican Congress Demand Answers from Government About Allegations of Anti-Union Activities Against Mexican Migrant Farm Workers in Canada
Mexican Federal Deputy Gerardo Sanchez Garcia and Senator Adolfo Toledo Infanzon have presented a motion (http://www.ufcw.mx/images/pdf/pa_campesinosmexicanos.pdf) in the Congress demanding that the Minister of Labour and the Minister of Foreign Affairs provide an explanation about alleged anti-union activities of the Mexican government against Mexican migrant agricultural workers in Canada. MarketWire

General Electric Nuke Biz Remains Safe While Exxon Flares Up and dPollution Joins the Army
General Electric (GE). Global Nuclear Fuel, which is 60 percent owned by GE and 40 percent by Hitachi and Toshiba combined, got a $300-million boost last week for its billion-dollar nuclear business. The deal allays concerns for the business created in March by earthquakes in Japan. GE last closed at 19.44 up 0.02 (0.10%) on a trading volume of 30,227,880. MarketWire

Energy Innovators Beacon Power, Clean Diesel Technologies, and dPollution, Impress With Gains and Brains
Beacon Power Corporation (BCON). Among other projects, the energy storage company's plant in the Stephentown, N.Y., when fully operational, will be able to provide 20 megawatts of power - enough energy to meet about 10 percent of the state's daily needs, the company says. The stock gained 33.01 percent, or $0.34 on Friday. The stock was trading at $1.40 with a 52-week range of $1.03 to $4 MarketWire

Ronald Brus Resigns From the Galapagos Board
Galapagos NV (Euronext: GLPG) announcedtodaythat Dr Ronald Brus has resigned from the Board of Directors. MarketWire

Pinnacle Security to Partner With Going Beyond Borders to Help Build Hospital in Kenya
Pinnacle Security, a leader in the North American residential security market, today announced that through its philanthropic initiative, "Securing Hope," it will collaborate with Going Beyond Borders, an international nonprofit organization to raise funds to help build a hospital in western Kenya MarketWire

PENSRUS Offering PaperMate Pens at Reduced Prices
PaperMate pens are now being offered at newly reduced prices by online promotional pen seller, PENSRUS. With over 40 years of experience providing marketers and individuals imprinted and engraved pens, PENSRUS has become one of the world's leading distributors of logo pens, pencils, sticky notes and other ad specialty items. MarketWire

SMA Alliance Buys Bizwrk & Palwow to Enter Employment Vertical With 251,000 Members
SMA Alliance (PINKSHEETS: SMAAD) (PINKSHEETS: SMAA) has agreed to purchase two social networking sites with approximately 251,000 members for an undisclosed amount. The purchase of the social networking site bizwrk.com and palwow.com allows a sufficient base for research and development of SMA's technology in the employment sector. MarketWire

Groundbreaking Fat-Loss Book "TurboCharged" Now Available for Sale in Japan
"TurboCharged," a new book by brother and sister co-authors Dian Griesel, Ph.D., and Tom Griesel, outlines a revolutionary 8-step rapid fat-loss program requiring no aerobic exercise, supplements or special equipment MarketWire

Six Adventures of "Those Amazing Dogs" Announced; New Children's Book Series Now Available
Author Ed Fenne today announced the highly anticipated "Those Amazing Dogs"-series, six action packed adventure books that aim to educate people of all ages about different cultures, history and geography in a way that is fun, entertaining and easy to understand. MarketWire

Fortis to Acquire CVPS, Vermont's Largest Utility
Fortis Inc. ("Fortis") (TSX: FTS) and Central Vermont Public Service ("CVPS") (NYSE: CV) announced today that they have entered into a definitive agreement for the acquisition by Fortis of all of the outstanding common shares of CVPS for an aggregate purchase price of approximately $700 million (U.S.), including the assumption of approximately $230 million (U.S.) of debt MarketWire

Bank of America Settles Lawsuit; UBS, Citigroup and Goldman Predict a Nervous Market
Bank of America Corp. (BAC) has reached a deal to pay $20 million to end a lawsuit by the U.S. Department of Justice revolving around the bank's failure to constantly check the military status of borrowers on whom it foreclosed through May 31, 2009. The Justice Department suspected Countrywide foreclosed on 160 servicemen MarketWire

What a "Short Week" Could Hold for Small Cap Tech Stocks Advanced Analogic Technologies and FiberTower Corp.
Advanced Analogic Technologies Inc. (AATI) shot up 55 percent to $1.72 in large part because Skyworks Solutions, Inc. (SWKS) has signed an agreement to purchase AATI. This acquisition expands Skyworks' portfolio with power semiconductor devices such as battery chargers, voltage regulators and LED drivers. The analog power management market is expected to grow to $12.1 billion in 2014, up from $9 MarketWire

Top 10 Bathroom Trends From KraftMaid
(Family Features) As America's economy strengthens, remodeling and home renovations are on the rise. "Homeowners are looking for ways to update their current homes, rather than buying a new property," said Sarah Reep, director of designer relations and education at KraftMaid Cabinetry. "From simply adding a new faucet to completely gutting a bathroom, there are many ways to revitalize any home MarketWire

Father's Day Gifts for the Tech-Savvy Dad From Cricket
(Family Features) Finding the right gift for a digital dad can be tricky. But this quick gift guide will help you find the perfect present to make him feel truly appreciated. MarketWire

A Toast to Warm-Weather Food and Wine Pairings From WineAnswers.com
(Family Features) From barbecues to picnics, warm weather means longer days and al fresco gatherings with friends and family. To help make these months even more delicious, WineAnswers MarketWire

Healthy Summertime Living on the Go With Copco
(Family Features) Warmer weather and longer days mean more time to get moving. It's the season to rev up the daily exercise routine. MarketWire

Designing Women by Scottrade
(Family Features) Women's confidence in designing their retirement futures is on the rise, and they are ahead of men in finding ways to increase cash flow during retirement as well as cut costs now. MarketWire

eSilicon Adds China Region to Its TSMC VCA Partnership
eSilicon Corporation, the largest independent semiconductor value chain producer (VCP), today announced that it has expanded its TSMC Value Chain Aggregator (VCA) partnership program membership to include China. eSilicon is already a VCA member of TSMC's North American, European and Israel customer regions. MarketWire

NicOx presents first preclinical data in Pulmonary Arterial Hypertension research program
NicOx S.A. (NYSE Euronext Paris: COX) today announced that preclinical resultsfor NCX 226, a novel nitric oxide (NO)-donating New Molecular Entity (NME),werepresented at the annual European League Against Rheumatism (EULAR) congressinLondon (May 25-28). NCX 226 is a prototype compound developed by NicOx'sResearch team in a program targeting Pulmonary Arterial Hypertension (PAH). MarketWire

Debunking Fertility Myths With First Response
(Family Features) Getting pregnant isn't easy for a lot of people. According to RESOLVE, the National Infertility Association, 7.3 million people in the U.S. suffer from infertility. It's an emotional issue that is sometimes clouded -- and made worse -- by misinformation. MarketWire

Agenda for Eastern Property Holdings Annual Shareholders Meeting, 21 June 2011
Eastern Property Holdings Limited (EPH) /Agenda for Eastern Property Holdings Annual Shareholders Meeting, 21 June 2011. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

SHARE REPURCHASE 30.5.2011
Solteq Plc        ANNOUNCEMENT         30.5.2011  SHARE REPURCHASE 30.5.2011 In the Helsinki Stock Exchange   Trade date30.5.2011 Bourse tradeBUYShareSTQ1VAmount4.000sharesTotal cost4 GlobeNewswire

Clavis Pharma receives government grant to develop hENT1 biomarker assay for targeted therapy of AML patients
Award of up to NOK 14 million to develop a companion diagnostic that can help preselect AML patients who would benefit most from Clavis Pharma's novel cancer drug elacytarabine. GlobeNewswire

NORTHLAND RESOURCES S.A. AMENDMENT TO FINANCIAL CALENDAR 2011
May 30, 2011Northland Resources S.A. (TSX: NAU, OSE: NAUR) announces that it has amended its financial calendar and will publish its upcoming financial reports on the following dates: GlobeNewswire

Ronald Brus resigns from the Galapagos Board
Mechelen, Belgium; 30 May 2011 - Galapagos NV (Euronext: GLPG) announced today that Dr Ronald Brus has resigned from the Board of Directors. GlobeNewswire

Telenor Svalbard celebrates 100 years in the Arctic
(Fornebu 30 May 2011) Telenor opened its first telegraph station in Svalbard in 1911, and now - after 100 years - Svalbard is probably among the world's most digitalised communities in the world. On Sunday 29 May, the celebration was kicked off by Telenor's chairman Harald Norvik and CEO Jon Fredrik Baksaas, opening the world's northernmost 4G/LTE network in Longyearbyen. GlobeNewswire

EMGS Capital Markets Day update
Electromagnetic Geoservices ASA (EMGS) is pleased to announce the agenda for its Capital Markets Day on 16 June, 2011 at Shippingklubben in Oslo, Norway. GlobeNewswire

Per Nilsson appointed new CFO of the Lindab Group
Per Nilsson, currently acting CFO of the Lindab Group, has been appointed new CFO of the Lindab Group. GlobeNewswire

Schibsted ASA (SCH) - Extended Agreement Regarding Financial Exposure to Polaris Media
Since 2009, Schibsted Media Group has had an total return swap agreement with SEB Enskilda AS regarding the financial exposure to 17,751,236 shares, equal to 36.3% of the shares. The agreement has been prolonged with four months as of today, 30 May 2011. GlobeNewswire

adidas Group aims at market leadership in the UK with London 2012 Olympic Games
adidas AG /adidas Group aims at market leadership in the UK with London 2012 Olympic Games . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

PETROGRAND AB: INTERIM REPORT JANUARY-MARCH 2011
INTERIM REPORT JANUARY-MARCH 2011 GlobeNewswire

Incap and Aidon sign a cooperation agreement
Incap Corporation      Press release       30 May 2011 at 9 a.m. GlobeNewswire

Landkreditt Bank chooses EDB ErgoGroup for a further four years
(Oslo, 30 May 2011) Landkreditt Bank has entered into an agreement with EDB ErgoGroup for the delivery of banking solutions and IT operating services. The agreement runs for four years with an option to extend for a further two years, and represents total contract value in the order of NOK 110 million GlobeNewswire

Imtech: acquisition of activities YIT Hungary; next step in growth strategy for Eastern Europe
Gouda - Imtech N.V. (technical services provider in Europe) announces that it has taken the next step in its strategic growth plan for Eastern Europe with the acquisition of the activities of YIT in Hungary - comprising YIT Hungary Kft., YIT BIS Hungary and Duatec Hungary GlobeNewswire

SOLVAY AND EWHA WOMANS UNIVERSITY SET UP JOINT RESEARCH & DEVELOPMENT CENTER ON UNIVERSITY CAMPUS
Embargo: Brussels and Seoul, 30 May 2011, at 3:15 a.m. (Brussels time) GlobeNewswire

Tecan announces another major OEM agreement with a leading diagnostics company for development and supply of a dedicated diagnostics instrument
Tecan Group AG /Tecan announces another major OEM agreement with a leading diagnostics company for development and supply of a dedicated diagnostics instrument . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Does Divinity Matter in Our Materialistic World? - Jay Taylor Interviews American Attorney and Author Vince Bugliosi and Astrologer Arch Crawford
Vancouver, British Columbia, May 30, 2011 - Jay Taylor, publisher of the J Taylor's Gold, Energy & Tech Stocks newsletter, interviews American attorney and author Vince Bugliosi and astrologer Arch Crawford. GlobeNewswire

Study mapping genetic and environmental links of anti-PC published in Atherosclerosis
Solna, Sweden, 30 May 2011 - Scientists suggest an independent role of anti-PC as a biomarker in cardiovascular disease in a study just published on-line in Atherosclerosis. The testing was performed using Athera Biotechnologies CVDefine® kit. GlobeNewswire

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