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Business News on November 20, 2011


Mark Zuckerberg 'to float Facebook next year' says LinkedIn co-founder
Mark Zuckerberg will choose to float Facebook next year, that would be the biggest consumer technology public offering in history, a significant investor in the social networking site has said. ANI

China could overtake US economy by 2027, says Goldman Sachs' Jim O'Neill
China is likely to overtake the United States as the world's largest economy by 2027, Jim O'Neill, the head of Goldman Sachs Asset Management has predicted. ANI

Adidas to launch one-dollar-shoe in India
German sportswear and equipment maker Adidas is planning to launch a shoe costing one dollar a pair, that would be sold in Indian villages through a distribution network. ANI

SMA Alliance Increases Annualized Revenue by $2M This Quarter Alone
SMA Alliance, Inc. (PINKSHEETS: SMAA) announced today that November 2011 is not only turning out to be another promising month for growth, but an astonishing month for sales. Second week's financials indicate additional signing of 12 dealerships increasing SMA's annualized revenue by $447,000.00 per year MarketWire

Protecode Completes Product Suite of Open Source Software License Management Solutions With Latest Enhancements
Protecode Inc., an innovative provider of open source adoption and management solutions, today announced that is has completed its suite of open source software license management solutions by introducing new reporting capabilities, workflow enhancements, and integration with additional development platforms MarketWire

New World Gold Corporation Increases Revenue and Profit
New World Gold Corporation (PINKSHEETS: NWGC) is pleased to announce its financial results for the Nine month period ending September 30, 2011. The Company has gross revenue of $4,088,124 for the 9 month period ending September 30, 2011 versus $861,000 for the year ending December 31, 2010 MarketWire

Europe's Leading Cloud Computing World Forum Returns to Asia
Europe's highest attended cloud computing event will head to Hong Kong on November 30th to 1st December, in the form of the 2nd Annual Cloud Computing World Forum Asia with over 500 senior IT decision makers expected. MarketWire

Enterprise Holdings to Acquire Paris-Based Rental Car Company, Citer S.A., From PSA Peugeot Citroen
Enterprise Holdings and PSA Peugeot Citroën announced today that they have entered into an agreement whereby Enterprise will acquire PSA Peugeot Citroën's car rental subsidiary, Citer SA and its Spanish subsidiary Atesa. MarketWire

IMG Mourns the Passing of Beloved Chairman and CEO Ted Forstmann
It is with great sadness that IMG Worldwide announces the passing of its Chairman and Chief Executive Officer, Theodore J. ("Ted") Forstmann. Mr. Forstmann passed away today after a courageous battle against brain cancer. MarketWire

Hunt Valley Veterinarians Give Back to Community
Hunt Valley veterinarians are giving back in a big way to the local Maryland community. Dr. Meghan Johnston and Dr. Courtney Jones, veterinarians at Hunt Valley Animal Hospital, are both actively involved with community programs. Dr. Johnston's dog Murphy is a certified Pets on Wheels therapy dog, and frequently accompanies Dr. Johnston on visits to hospitals and nursing homes. Dr MarketWire

Chester Springs Veterinarian Supports 'Pals for Life' Organization
Chester Springs veterinarian Dr. David Matunis actively volunteers with Pals for Life, a non-profit organization that has been providing pet visitation and humane education programs to the Delaware Valley since 1985. Pals for Life connects small companion animals with elderly, handicapped and mentally challenged individuals who would enjoy the love and friendship of a pet. Dr MarketWire

Mooresville Chiropractor Launches New Website to Better Serve Patients
Advanced Health and Chiropractic announced a new website designed to better serve patients, http://advancedhealthandchiro.com. The new site includes a "Community Content" wellness library, blog, and information about the services available at the practice. These include adjustments, massage therapy, corrective exercises, lifestyle advice, and spinal and postural screenings MarketWire

Rancho Cucamonga Dentist and Orthodontist Announces New Patient Website
Dr. Hattar Dental and Orthodontics announced that the practice has launched a new website, http://drhattardental.com. The new website is designed to better serve patients by enhancing communication about oral health. The site includes educational information on general dentistry, cosmetic dentistry, implant dentistry and other services offered by the practice MarketWire

Mitchell to Compete in 24 Hours of LeMons Race
Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, today announced it will once again proudly compete in the 24 Hours of LeMons -- an endurance race for cars valued at $500 or less MarketWire

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