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Business News on November 25, 2011


Now, Reebok to sell shoe worth a dollar a pair in rural India
Sportswear giant Reebok has confirmed plans to launch shoes costing a dollar a pair in Indian villages. ANI

UC RUSAL Enters into Purchase Agreement with NORINCO Concerning Share Acquisition in Shenzhen North Investments
ACN Newswire

Mazda 'i-ELOOP' World's First Capacitor-Based Regenerative Braking System for Passenger Vehicles
Mazda Motor Corporation has developed the world's first passenger vehicle regenerative braking system that uses a capacitor. The groundbreaking system, which Mazda calls 'i-ELOOP', will begin to appear in Mazda's vehicles in 2012. In real-world driving conditions with frequent acceleration and braking, 'i-ELOOP' improves fuel economy by approximately 10 percent ACN Newswire

MHI Convenes "4th MHI Business Partners Conference" Attended by 294 Suppliers
Mitsubishi Heavy Industries, Ltd. (MHI) today held its 4th MHI Business Partners Conference in Tokyo, attended by 294 partner suppliers. The meeting served to affirm MHI's commitment to advancing reforms to its supply chain through strengthened partnerships with its suppliers ACN Newswire

Asian Logistics and Maritime Conference Attracts 500+ Players
More than 500 logistics and maritime players from 15 countries and regions took part in the Asian Logistics and Maritime Conference, which was held today at the Hong Kong Convention and Exhibition Centre ACN Newswire

International Herald Tribune Sports Business Summit launches in Singapore
The 'most influential sports leaders, investors and sponsors will gather at a new International Herald Tribune (IHT) conference in Singapore in 2012 to discuss the business of sport and the opportunities created by the globalisation of sports business models ACN Newswire

Silvercorp Announces New Director Appointment
Silvercorp Metals Inc. (TSX: SVM)(NYSE: SVM) ("Silvercorp" or the "Company") and the board of directors are very pleased to announce the appointment of David Kong as a director of the Company. Mr. Kong holds a Bachelor in Business Administration and earned his Chartered Accountant designation in British Columbia in 1978 and U.S CPA (Illinois) designation in 2002 MarketWire

Put Extra Money in Your Pocket With Barona's Casino Manager Bonu$ Cash Giveaway
From Monday, Nov. 28 through Wednesday, Nov. 30, Barona Resort & Casino is adding some extra glimmer to its famous Golden Ticket cash giveaway with three "Casino Manager Bonu$ Cash Days." MarketWire

Chai-Na-Ta Corp. Reports 2011 Third Quarter Results
All figures are in CDN$ MarketWire

Cytokinetics Files Replacement Shelf Registration Statement
Cytokinetics, Incorporated (NASDAQ: CYTK) announced today that it has filed a shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC). The shelf registration statement, if declared effective by the SEC, will allow the Company to raise up to $100 million through the sale of new securities, which may consist of common stock, preferred stock and warrants MarketWire

William Mark Corporation Fights Back Against Infringers on Air Swimmers(R)
William Mark Corporation is currently combating an explosion of counterfeit goods concerning their hit flying toy Air Swimmers® (www.airswimmers.com). The popular toy has become a main target for infringers, looking to capitalize on the product's success. MarketWire

Mindoro Receives Commitments for Initial C$1.2 Million Under Private Placement
C$1.2 million received from Australian component of Private Placement MarketWire

TicketNetwork Advisory -- Concert Ticket Gift Ideas for This Holiday Season
With the holiday shopping season finally underway, shoppers should consider giving the gift of music with tickets to an upcoming concert. There are tours and festivals happening over the coming year for almost every age group and musical taste, and tickets for many of these events can be found at TicketNetwork. MarketWire

US Foods Helps Colleges Meet Increasing Student Demand for Healthy and Gluten Free Foods
US Foods-Dallas hosted a special educational forum for colleges and universities from across the country to share challenges and best practices for meeting the dietary needs of students. Among the issues discussed was how on-campus cafeterias can create a healthy gluten-free menu, a dietary trend being adopted by a growing number of college students. MarketWire

GlobeTrac Inc. Conducts Due Diligence on Equities.com, Inc.
GlobeTrac Inc. (OTCBB: GBTR) ("GlobeTrac") is still in the process of negotiating for the purchase and sale of all the shares of Equities.com, Inc. ("Equities.com"). GlobeTrac is currently conducting its due diligence on the shares and assets of Equities.com as per the terms and conditions of the letter agreement with the owners of Equities.com MarketWire

Yardsellr Urges Holiday Shoppers to Avoid Mega-Retailers This Year
This holiday season, Americans are increasingly aware of the vital role small businesses perform in job creation and economic recovery. For those who want to make a difference with their holiday spending, Yardsellr -- an online marketplace for small sellers -- is introducing the Shop Small Pledge that encourages buying from small businesses instead of mega-retailers. MarketWire

Integrated Freight Announces Fiscal Second Quarter 2012 Financial Results
Integrated Freight Corporation ("Integrated Freight" or the "Company") (OTCQB: IFCR) (OTCBB: IFCR), a rapidly growing motor freight company providing long-haul, regional and local service to its customers in the U.S., today announced its financial results for its fiscal second quarter and six months ended September 30, 2011. MarketWire

PointRoll Reports Record Growth in Pre-Black Friday Shopping
PointRoll, a Gannett Company and the leading provider of digital marketing technology, reports record growth in online shopping this year as consumers dive into Black Friday deals early. PointRoll reported a 14 percent increase in retailers' digital circular offers powered by ShopLocal technology from 2010 to 2011 and an overall 15 percent increase in page views across the top ten retailers MarketWire

Neste Oil Expanding Its Presence in Northwest Russia
Neste Oil has further strengthened its shareof the retail market in Northwest Russia following the acquisition of fournew service stations in the St. Petersburg region in November and theopening of three new outlets there earlier in the year. MarketWire

Amwest Expands User Base by Launching iPad, and iPod Touch Encryption Application, and Applies to Apple "App'" Store
Amwest Imaging Incorporated (OTCBB: AMWI) is pleased to announce it has completed the development of its iPad and iPod touch Application and is currently pending approval release on Apple's app store. MarketWire

InsWeb Adopts Stockholder Rights Plan to Preserve Value of Deferred Tax Assets; Announces Early Termination of HSR Waiting Period, Record Date and Meeting Date for Special Shareholder Meeting in Connection With Asset Sale Transaction With Bankrate, Inc.
InsWeb Corporation (NASDAQ: INSW), an online insurance comparison provider, today announced that its board of directors has adopted a stockholder rights plan primarily to help preserve the value of certain deferred tax assets of InsWeb Corporation ("InsWeb") generated by net operating losses and other tax benefits under Section 382 of the Internal Revenue Code. MarketWire

SousVide Supreme Is the Perfect Gift for Foodies, Gadget Fans and Gourmet Home Cooks
It's one of the most wanted holiday gifts for food lovers everywhere! The celebrated sous vide cooking style continues to heat up household kitchens as a hot new trend, made possible by the sleek new countertop SousVide Supreme™ water ovens MarketWire

Holiday Musts for the Crafter in Your Life
(Family Features) Crafting is an integral part of the holiday season, and a great way to spend quality time with family and friends. According to an independent study by the Craft & Hobby Association, about 56 percent of U.S. households craft at least once a year, with some 68 percent of those households creating handmade gifts for the holiday season. MarketWire

Good and Good for You Meals for a Flavorful New Year
(Family Features) Staying true to wellness goals in the New Year doesn't always mean cutting out your favorite foods. In fact, having delicious meal options makes it easier to keep resolutions on track by increasing satiety and curbing the impulse to over-eat. MarketWire

Holiday Entertaining
(Family Features) Traditions help keep people connected over years and generations, and we love the experience of the holidays. For many, special get-togethers create the foundation for how the holidays are celebrated. But what happens when those traditions no longer work? Circumstances, budgets or tastes change, and sometimes you need a little help finding a new way to celebrate. MarketWire

Put a Sweet Spin on Holiday Celebrations
(Family Features) It's not Christmas until you unpack Santa's sack of goodies. So, gather all the little elves in your neighborhood and have them join you in the workshop for some cheerful holiday crafts, sweet treats and festive party favors. MarketWire

Kid-Friendly Projects Fuel Winter Family Fun
(Family Features) Colder temperatures mean more indoor time, making it a challenge to find activities that will keep kids happy and engaged. The good news for parents is that even common household items can create hours of fun time MarketWire

All Nippon - Notice of Merger Agreement with ANK
MarketWire

Guerrero Announces First Closing of Financing
Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE: GEX) announces that it has completed the first closing of its previously announced private placement financing. The Corporation issued 4,787,831 ($718,174.65) units at $0.15 per unit, with each unit consisting of one common share and one common share purchase warrant MarketWire

Savings.com Names Top 20 Deals for Black Friday Online Shoppers
Savings.com, the leading online source for coupons, deals and expert shopping tips, today released the Top 20 Black Friday deals on Savings.com. MarketWire

Italian Internet Portal and Service Provider Libero Launches Public Cloud Using Joyent SmartDataCenter Software
Libero, Italy's most popular portal and Internet service provider, is using Joyent's SmartDataCenter cloud computing software and services to launch the country's largest on-demand public cloud offering MarketWire

Silver-Investor.com's David Morgan Interviews Bahman Yamini, President & CEO of Canasil Resources (TSXV:CLZ) - Video Posted on www.InvestmentPitch.com
Vancouver, British Columbia, November 25, 2011 - Silver-Investor.com's David Morgan interviews Bahman Yamini, President & CEO of Canasil Resources (TSXV:CLZ) (Frankfurt:3CC) at the Silver Summit Conference in Spokane, Washington. GlobeNewswire

Solteq Plc: SHARE REPURCHASE 25.11.2011
Solteq Plc        ANNOUNCEMENT          25.11.2011  SHARE REPURCHASE  25.11.2011 In the Helsinki Stock Exchange   Trade date25.11.2011 Bourse tradeBUYShareSTQ1VAmount1.600sharesTotal cost1 GlobeNewswire

Eastern Property Holdings Ltd will announce Q3 2011 Trading Update on Tuesday 29 November 2011
Eastern Property Holdings Limited (EPH) /Eastern Property Holdings Ltd will announce Q3 2011 Trading Update on Tuesday 29 November 2011 . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

The printing press supplier for Alma Media's new printing facility has filed for insolvency
GlobeNewswire

I. M. Skaugen SE : Redemption of own bond holdings in IMSK 04 and IMSK09
With effect from 25th November 2011, NOK 327 million in IMSK 04 (ISIN NO 001036789.9) and NOK 150 million in IMSK09 (ISIN NO 001058799.1) are redeemed as own holdings. GlobeNewswire

Ruric's Board of Directors comments on the company's strategic direction
Press release 25-11-2011 GlobeNewswire

Systemair buys German sales companies
Systemair (NASDAQ OMX Stockholm: SYSR) acquires Frivent Luft und Wärmetechnik GmbH in Chemnitz and Garching in Germany. GlobeNewswire

Tele2 är först ut i Europa att lansera en 4G-telefon
Tele2 kan som första operatör i Europa erbjuda 4G-mobilen Samsung Galaxy S II LTE. Redan den 15 december börjar förbokning av telefonen på tele2.se. Några veckor senare lanseras 4G-surfplattan Samsung Galaxy Tab 8.9 LTE GlobeNewswire

Nestlé supports interactive Red Cross TEDx event
Nestlé S.A. /Nestlé supports interactive Red Cross TEDx event. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Neste Oil expanding its presence in Northwest Russia
Neste Oil CorporationPress Release25 November 2011 at 1.30 pm (EET) GlobeNewswire

OKMETIC OYJ TO PAY ADDITIONAL DIVIDEND
OKMETIC OYJ STOCK EXCHANGE RELEASE  25 NOVEMBER 2011 AT 12.30 P.M. GlobeNewswire

Alma Media to streamline its legal Group structure
Alma Media Corporation Stock Exchange Release November 25, 2011 at 12:00 (EET) GlobeNewswire

SeaBird - Summons to bondholders' meeting
Cyprus, 25 November 2011 GlobeNewswire

Recommended closure of Norske Skog Follum
Norske Skog's corporate management recommends to the board of directors to maintain full operations at the mills in Skogn and Halden for the time being, but to close down production at Norske Skog Follum. Management's plan means that production at Follum will cease no later than 31 March 2012. GlobeNewswire

The new ice-strengthened supramax vessel christened m/s Arkadia
ASPO Plc Press release November 25, 2011 at 10.00 The first of the two dry cargo ships ordered from Hyundai Mipo by ESL Shipping, part of Aspo Group, has been named. The vessel was christened m/s Arkadia in a ceremony organized in Vietnam. Leena Ruohonen, the spouse of Seppo Ruohonen, CEO of Helsingin Energia, adopted the role of godmother to the vessel GlobeNewswire

Amer Sports completes share repurchases
Amer Sports Corporation                          STOCK EXCHANGE RELEASENovember 25, 2011 at 9:30 am GlobeNewswire

THE SOLVAY GROUP CONSOLIDATES ITS LEADERSHIP IN ENERGY EFFICIENCY AND CO2 WITH THE ACQUISITION OF ORBEO
Brussels, 25 November 2011, at 8:30 am (Brussels time) GlobeNewswire

Imtech diversifies its funding structure
Gouda - Imtech (IM-AE, technical services provider in Europe) announces that it has reached substantive agreement with international investors on a USD 300 million private placement of senior notes (in different currencies) by Imtech Capital B.V. guaranteed by Imtech N.V. With this placement Imtech diversifies its funding structure. GlobeNewswire

Golar LNG : Notification
Golar LNG Limited ("Golar" or the "Company") advises that World Shipholding, which is indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, has extended its TRS agreements relating to 500,000 shares in the Company.John Fredriksen is Chairman of the Board, President and Director of Golar. GlobeNewswire

Karolinska Development AB (publ) - Interim report January - September 2011
STOCKHOLM - November 25, 2011. Karolinska Development AB (publ) announces publication of its Interim Report January-September, 2011. The full report is available on the company's website. A conference call will be held today at 14.00 CET, participant access numbers: +46 (0)8 505 598 12, UK: +44 (0)20 710 862 05 GlobeNewswire

Tekla Corporation's Interim Report January 1 - September 30, 2011: Growth for nine months was 15.6 percent - Tekla became part of Trimble Navigation Limited in July
Tekla Corporation      Interim report             November 25, 2011                           at 9:00 a.m. GlobeNewswire

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