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Business News on December 26, 2012


SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of PSS World Medical, Inc. in Connection With the Sale of the Company to McKesson Corporation
Levi & Korsinsky notifies investors of PSS World Medical, Inc. ("PSSI" or the "Company") (NASDAQ: PSSI) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to McKesson Corporation (NYSE: MCK). A complaint was filed in Florida state court. MarketWire

The American Energy Group, Ltd. Announces Sale of Common Shares
The American Energy Group, Ltd. (OTCQB: AEGG) announced today that it has sold 566,667 Common Shares to two private investors for a cash consideration of $0.15 per share or a total consideration of $85,000 to the Company. The proceeds of the sale will be used for general and administrative operating capital and legal expenses. MarketWire

Pathfinder Bancorp, Inc. Declares Dividend
Thomas W. Schneider, President/CEO of Pathfinder Bancorp, Inc., the mid-tier holding company of Pathfinder Bank, (NASDAQ: PBHC) (listing: PathBcp) has announced that the Company has declared a cash dividend of $.03 per share on the Company's common stock relating to the fiscal quarter ending December 31, 2012 MarketWire

Avista Receives Approval in Washington Electric and Natural Gas Rate Requests
Avista (NYSE: AVA) received approval today from the Washington Utilities and Transportation Commission (UTC) on the multi-party settlement agreement that was filed with the UTC on October 19, 2012, concluding the company's electric and natural gas rate request filed on April 2, 2012. New rates will take effect on Jan. 1, 2013 and Jan. 1, 2014 MarketWire

NeuLion to Power Digital Coverage of the 2013 International Ice Hockey Federation World Junior Championship Tournament
NeuLion, Inc MarketWire

Oppa Affiliate Style: Euro Partners' My Thai Competition Culminates in Heated Finale
Mixing business with pleasure was the name of the game in this spirited competition promoted by leading e-gaming affiliate program, Euro Partners GlobeNewswire

World Moto, Inc.: Unveils Roadmap to Professionalize the $500 Billion Global Motorcycle Taxi Industry
World Moto, Inc. (OTCBB: FARE) (OTCQB: FARE) (Berlin: WM7) (Berlin: A1J8SY) ("World Moto" or the "Company") is pleased to announce today it has introduced a comprehensive roadmap to advance and professionalize the global motorcycle taxi industry MarketWire

Public Libraries Generate Record eBook Traffic on Christmas
Public libraries utilizing OverDrive's Next Generation digital lending platform served a record number of eBook, audiobook, music and video titles to patrons on Christmas Day. The most dramatic growth occurred among users of iPad, Kindle Fire and Android devices MarketWire

Bluewater Grills in California and Arizona Offer Special Deals for Rose and Fiesta Bowl Fans
Calling all Ducks, Wildcats, Badgers and the Cardinal! Bluewater Grill restaurants in Southern California and Phoenix are making it easy for students, alumni and fans of the 2013 Rose and Fiesta Bowl teams to enjoy the West's freshest sustainable seafood before, during or after the big games. MarketWire

Stent Market to Recover With New Product Introductions: Reports Kalorama
The global market for coronary stents is projected to recover from its recent decline due to new product innovations, exceeding $6 billion by 2017, according to a recent report from healthcare market research publisher Kalorama Information MarketWire

HPIL Holding Announces Ownership Interest in Haesler Real Estate Management SA
HPIL Holding (the "Company") (OTCQB: HPIL) is pleased to announce that on December 17, 2012, HPIL Real Estate, Inc., the Company's wholly owned subsidiary, has acquired a thirty-two percent (32%) of the ownership interest in HAESLER Real Estate Management SA pursuant to a Quota Purchase Agreement dated October 26, 2012. MarketWire

Beauty Research: Holiday Indulgence Detox With Perricone MD and PRIORI
Beauty Research, a beauty blogging web site, recently discussed the issues of weight gain and poor skin health as a result of holiday indulging and recommended supplements from beauty brands Perricone MD and PRIORI MarketWire

System Pavers Spread Holiday Cheer to Those in Need
As a gesture of goodwill, System Pavers hosts not one, but two holiday drives in benefit of the Orange County, California community this winter season. With much to be grateful for, System Pavers celebrates their 20th year within the home improvement industry by helping those less fortunate. MarketWire

Bo Derek to Open 10th Anniversary Season for International Polo Club Palm Beach
What a perfect way to get the ball rolling on a new polo season at the famed International Polo Club (IPC). MarketWire

TelVue Corporation to Suspend SEC Reporting Obligations
TelVue® Corporation (OTCQB: TEVE), the innovation leader in television and Internet broadcasting for communities, cable operators and media companies today announced that it will voluntarily file a Form 15 with the Securities and Exchange Commission (SEC) MarketWire

Covanta Energy Extends Partnership With Bristol Municipalities for Sustainable Waste Disposal
Covanta Energy Corporation (NYSE: CVA), a world leader in sustainable waste management and renewable energy, today announced a new 20 year agreement with municipalities in the Bristol, CT area MarketWire

Oppa Affiliate Style: Euro Partners' My Thai Competition Culminates in Heated Finale
Following two months of intense effort by thousands of participating affiliates, the Euro Partners 'My Thai' Competition came to a heated finale earlier this week, as several affiliate members went head to head in their tenacious, last-ditch efforts to nab the number one spot. In the end it was Jonas E. of Denmark, aka 'NetBetMed', who emerged victorious. MarketWire

Lpath Sets Investor Update Conference Call for Thursday, January 3, 2013 at 4:30 p.m. ET
Lpath, Inc. (NASDAQ: LPTN), the industry leader in bioactive lipid-targeted therapeutics, will hold a conference call on Thursday, January 3, 2013 at 4:30 p.m. Eastern time to provide an update on its Nexus Phase 2 trial for iSONEP™, an ocular drug candidate, as well as outline the company's 2013 objectives. MarketWire

Dry Fried Wing Company Retains Harold Kestenbaum to Kickoff Sports Bar Franchising Program
The Dry Fried Wing Company (OTCQB: EEDG) has announced the signing of a Retainer Agreement with nationally recognized New York Franchise Attorney, Harold Kestenbaum. Kestenbaum is a partner in the Franchise, Hospitality, and Business Transactions practice groups in the Long Island and New York offices of Gordon & Rees MarketWire

ReputationChanger.com Reviews Ongoing Trends Toward Fake Online Criticism
It is growing increasingly difficult to deny the supreme importance of online review sites in today's consumer landscape -- but according to a recent article from Ping Zine, online reviews are not always helpful, to consumers or to businesses MarketWire

Marketing Pioneer Rich Gorman Sounds Off on Facebook/Foursquare Showdown
Online marketing guru Rich Gorman points out that, earlier this year, the popular app Foursquare made a major leap forward from its early days as a "check-in" service, incorporating local search functions that effectively make it a key player in local discovery apps -- and a direct competitor with other services based on local shopping and business listings, like Yelp MarketWire

Hydroxycut Offers Tips for Avoiding Holiday Weight Gain
During the year, families often gather to celebrate multiple holidays. Thanksgiving, Christmas, Hanukkah, and New Year's Eve are several of the occasions on which families share large meals and indulge in their favorite comfort foods MarketWire

Verengo Solar Earns Esteemed 2012 Angie's List Super Service Award
Verengo Solar, one of the nation's largest residential specialists, today announced that it has earned the service industry-coveted 2012 Angie's List Super Service Award, an honor awarded annually to approximately 5 percent of all the companies rated on Angie's List, the nation's leading provider of consumer reviews on local service companies. MarketWire

CNH Announces Changes in Its Alliance With Kobelco Construction Machinery
CNH Global N.V. (NYSE: CNH), a global leader in the construction and agricultural equipment businesses, today announced that as a result of an ongoing strategic review of its construction equipment business, it is moving into the next phase of agreements with Kobelco Construction Machinery Co., Ltd. MarketWire

Miranda Lambert Wears Jacob & Co. to the 2012 ACA
For over a quarter of a century, Jacob & Co. has created revolutionary timepieces and jewelry for men and women MarketWire

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