Dollar Up As Stocks Fall

23.03.10
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Dollar Up As Stocks Fall

U.S. Dollar Trading (USD) enjoyed a solid day of gains as the stock market pulled back into the weekend after 8 days of gains. Weighing on investor sentiment was the surprise rate hike by the reserve bank of India. Risk Aversion ticked higher and Currencies such as the NZD and GBP were sold heavily. In US stocks, DJIA -37 points closing at 10741, S&P -6 points closing at 1159 and NASDAQ -16 points closing at 2374. Looking ahead,Treasury Secretary Geithner Speaks.

The Euro (EUR) with no resolution to the ongoing Greece saga there was little incentive to buy the Euro and with weak Oil and Stocks the pair slipped back to 1.3500 support. German PPI was at 0.0% v.s. 0.1% m/m forecast. Overall the EUR/USD traded with a low of 1.3502 and a high of 1.3626 before closing at 1.3530. Looking ahead, ECB President Trichet speaks.

The Japanese Yen (JPY) USD strength and continued calls for further discount rate hikes helped the major hold ground even in a risk averse environment. Crosses were not as well supported however and most finished near week lows. Overall the USDJPY traded with a low of 90.34 and a high of 90.71 before closing the day around 90.52 in the New York session.

The Sterling (GBP) was the softest currency on Friday as the pair pulled back to 1.5000 and EUR/GBP broke back above 0.9000. Focus was on BoE Sentence's comment that the UK is at some risk of a double dip recession. Overall the GBP/USD traded with a low of 1.4990 and a high of 1.5255 before closing the day at 1.5014 in the New York session. Looking ahead, BOE Governor King Speaks.

The Australian Dollar (AUD) was sold heavily in the US session as Gold slumped over $15 an ounce in 15 minutes. AUD/USD found support at 0.9130 but closed on a soft footing as the RBI rate hike put focus back on monetary tightening in China and India. Overall the AUD/USD traded with a low of 0.9130 and a high of 0.9224 before closing the US session at 0.9154.

Oil & Gold (XAU) Crashed in the US session fueled by large stops under $1118. Overall trading with a low of USD$1101 and high of USD$1127 before ending the New York session at USD$1105 an ounce. Crude Oil bowed to USD strength. Crude Oil was down -$1.52 ending the New York session at $80.68.

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Eurostoxx June Contract

23.03.10
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For this week the daily charts look to be coming under pressure,. Therefore any short
term strength should be sold, with 2870/75 seen as the top of any move higher.


If you see a move to these higher levels then this will encounter sellers looking to drive
this lower back to 2807/03 initially. Only reverse shorts if we manage to clear 2875
preferably on a close basis.


A loss through 2796 confirms further weakness and leaves the market well placed this
week to come sharply lower for 2736 which is where we would be looking to cover all
shorts. Re-sell then a loss through 2736 as this would weaken the market further and
sees this come lower for 2705.


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The Week Ahead: Your Web Business starting 22nd March 2010

23.03.10
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2010calendarToday is the 4th Birthday of Twitter; Happy Birthday Twitter. Gosh, hasn't Twitter achieved a lot in its first four years? Just a toddler and it is getting mass media coverage on a daily basis. And like any growing child, Twitter has developed and changed. At the beginning it was hardly used - indeed for it's first year of existence it went almost unnoticed. Not until it was a year old was Twitter truly coming into its own, at the ever resourceful and eventful South by South West Convention where it was used for the first time in a huge public way.

At the time, Twitter asked "What are you doing?", focusing on the individual. Later it changed its question to "What's happening?" and nowadays it says "See what people are saying about..". In other words, in four short years it has gone from an invisible "status" system, to a massive, thriving information delivery network. It is nowhere near the original intentions of the owners; the foundations of Twitter lay in a group text messaging concept for a podcasting firm.

The Twitter story is a reminder that trying to keep things the same as we intended isn't always for the best. How popular would Twitter be if it were rigidly sticking to its original intentions? The Twitter birthday reminds us that its success has come about because they followed their audience lead, rather than trying to mould us into their ways. Just as a toddler develops, they learned from their parents (or Tweeters as they are called...!). How much have you learned this week - and changed your website as a result - from your users and customers?  Often, businesses try too hard to stick to their format, systems, processes, or intentions - yet going with the direction set by your audience can often be more profitable. That's worth a thought this week isn't it?

And what else could you be considering in the next seven days?

  • Planning: Like Twitter, your online business will have changed over the past four years. Just four years ago some of the working people who now use your site were teenagers at school. Their requirements and demands are often different to the older visitors to your site. So, it's time to sit back and think about the approach your website takes to the differing generations. Do you need to add new features that appeal to a younger workforce? Or do you need a separate website that aims at the younger generation? Even if you don't introduce new concepts to your web presence straight away, it's worthwhile remembering that junior levels of management now include people who have grown up with the web; before long they will be entering middle and senior management positions - important if you are in the B2B arena. And what if your web business is consumer focused? Well, it's probably more important to think of younger generations in that instance, because they are the ones with the higher proportion of disposable income. Planning for the younger generations who use your website should become a constant focus for your online business.
  • Content: A new year begins this week when Lady Day is celebrated. In the old calendar that we used before 1752, the 25th March was the traditional start of the New Year (though this was a change from the previous start of the New Year on 6th April - which we still use today for the tax year...!). So, what "beginnings" or "new years" can you celebrate this week in your business? Is there a "fresh start" for something you could write about? This week also sees the British Press Awards and the Business Woman of the Year Award - are there any awards you can give or write about in your sector this week? Of course, the "big event" in London this week is the last budget before the General Election; that's bound to be worth commenting on. If the Chancellor is not dynamic enough for you, then how about linking something to the first ever supersonic flight of a passenger aircraft? Concorde achieved that 40 years ago this week. As for birthdays, broadcaster Michael Parkinson is 75 this week, his near neighbour down the Thames, Sir Steve Regdrave is 48 and Diana Ross is 66.
  • Tidying up: Your web pages have two important "hidden tags" called "meta tags" which are valuable to you in terms of your ranking on Google. One is called the "title tag" and the other is called the "description tag". Google uses both of these in determining what it displays in search results. But many websites use the same tags for each page, reducing the impact on Google because it cannot easily discriminate between the pages. So, it's time to take a look at your web page tags and check them out for duplications, which will need correcting. The easiest way to do this is to make sure your website has a Google Sitemap. The Google Webmaster toolset then helps you identify duplicate tags.
  • New features: Do you have a favourite web page or service you regularly use? How about turning that into a desktop application? Well, you can. All you need is Prism from Mozilla, the same company that brought you Firefox and Thunderbird. You can then add any web site to the system which runs the site as a separate desktop application. The advantage is that you can then free up memory for your browser and reduce your window clutter. I now run HootSuite as a desktop application using Prism, for instance.
  • 140 CharactersReading: To help celebrate Twitter's birthday, how about a Twitter book? This one is written by one of the creators of Twitter, Dom Sagolla and is called "140 Characters" and professes to be a "style guide for the short form". It is a complete "how to" guidebook on writing short and sweet. If you have ever found it difficult to get what you want to say all within the 140 character limit of Twitter, then this book will really help you. It is packed with examples and ideas, as well as suggestions on how your Twitter writing style can make you a leader, rather than a mere follower. Plus, as you might expect from someone helping us write better, this book is clear, concise and highly readable.

So, another week over - but one last thing - if you haven't signed up for my new weekly newsletter then try and do that this week as well at: http://www.grahamjones.co.uk/newsletter.


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Weekly Indicator and Outlook 19th March 2010

23.03.10
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The week has seen quite a contrast in expectations, beginning with EURUSD reaching 1.3816 and GBPUSD to 1.5380 but then saw those gains quickly dissipate in a stronger reversal. In contrast USDCHF has remained close to its lows. The longer term picture in EURUSD provides an interesting outlook should the 1.3442 low break with a weekly bearish flag that would imply a Groundhog Day déjà-vu - 6 more weeks of winter for the Euro...

The week has seen a reduced number of pattern set ups in general although the FX-forecaster support & resistance levels provided many peaks & troughs including the pip-perfect 1.3816 EURUSD and 1.5380 GBPUSD peaks.

Friday saw 6 trade set ups, 5 of which were profitable and offering a net pool of 170 pips. However, 100 of those came from GBPUSD alone. Over the week the number of patterns was low but still provided a pool of opportunity for 325 pips.

For greater details please see the attached PDF file.

Have a good trading week.


Ian Copsey


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Don't copy other websites

23.03.10
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Do you remember that child at school who would curl their arm around their work so there was no chance of copying what they were doing? They were really mean weren't they? They wouldn't even let you take their exercise books home so you could copy their brilliant work for your homework. They were right swots who wanted to stop you from taking their best stuff, making you do all the work yourself. What meanies.

Copying might seem a good idea, but it rarely helps
Copying might seem a good idea, but it rarely helps
New research from the Massachusetts Institute of Technology shows these individuals were actually being really helpful. This quite novel study shows that when children copy their homework from others, they actually end up getting lower grades overall. Furthermore, it seems that the children who copy appear to be doing it to save time and effort, but the research found that the copiers were falling behind with their work schedules.

The children who copied homework from others in their class earned grades which were two levels down from the children who did the work themselves; instead of getting an A the copiers got a C, for instance.

What was happening was the homework grades were roughly equal, but when it came to exams the copiers were less able to cope. Whilst this might seem obvious, the children in the study were matched for ability. In other words, the copiers were equally capable of passing the exams, it's the copying that seemed to get in the way. Furthermore, the copiers were two days slower in completing their work compared with the children who did not copy.

Translation - copying slows you down and stops you thinking.

And therein lies the problem for many website owners. They scour the web for examples of websites they can emulate in terms of design, for instance. Or they look for ways in which other people are using Facebook for business purposes and try to copy what they are doing. Often you hear people at meetings asking for examples of "best practice" so they can copy it.

Here's a startling fact. The companies with the best practice didn't copy anyone else. They just did it. Starbucks invented the business use of Twitter which now so many other people copy. Facebook didn't copy anyone else's form of social networking, they invented a whole new kind, now copied by thousands of other sites. Similarly. Google didn't copy old, hand-based forms of search engine technology, they invented an automated system which now everyone else tries to copy.

Just as in the classroom, copying in business doesn't work. You're an also-ran, at least two grades down from the originators of that "best practice".

Plus, just like the classroom copiers, looking for all those examples of best practice and then setting up a copycat system in your own business almost certainly takes longer than to invent the system in the first place.

The children at school who copy appear to be denying themselves the ability to think for themselves and come up with original ideas. Those children who do not copy are the ones coming up with original material in almost half the time it takes the copiers to do the same amount of work. And so it is the same in business; copying ideas from competing companies thwarts thinking, crushes creativity and obliterates originality. And it takes you more time to do it than come up with your own original ideas.

If you want to get an A+ for your web business, stop trying to emulate and copy others. Be original, be creative and be yourself...!


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India Rate Hike Takes The Shine Off Commodities, Risk Aversion Dominates

23.03.10
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Forex Market Update: India Rate Hike Takes The Shine Off Commodities, Risk Aversion Dominates

GBP slides further in Asia after a downbeat CBI report

HEADLINES - PREVIOUS SESSION

  • CA Feb. CPI out at 0.4% m/m, 1.6% y/y vs. 0.3%/1.4% expected and 0.3%/1.9% prior
  • CA Jan. Retail Sales out at 0.7% m/m vs. 0.7% expected and revised 0.5% prior
  • CA Jan. Retail Sales ex-Autos out at 1.8% m/m vs. 0.5% expected and revised 0.7% prior
  • AU Feb. New Vehicle Sales out at -1.9% m/m, +17.1% y/y vs. revised -3.5%/+15.5% prior

THEMES TO WATCH - UPCOMING SESSION

  • Swiss Money Supply (0800)
  • Denmark Consumer Confidence (0830)
  • US Chicago Fed Activity Index (1230)
  • EU Euro-zone Consumer Confidence (1500)
  • UK BOE's King to speak (1530)
  • EU ECB's Trichet to speak (1530)
  • EU ECB's Gonzalez-Paramo to speak (1545)
  • US Fed's Lockhart to speak (1945)

Market Comments

There were no US data releases to dictate sentiment on Friday so early in the session it was left to Canada to pick up the reins. The CPI was higher than expected (more dramatically so on the core inflation reading) and retail sales also beat forecasts so the CAD was well supported early on. However, the first rate hike in a while from India, hiking 25bp to calm an economy that looked to be heading towards overheating, pulled commodities back and the CAD gains soon ran out of steam. As commodities retreated, so commodity-block currencies also fell back and a general mood of risk aversion crept into markets into the close of session.

The EUR extended its retreat as the Greece debt situation remains in the headlines but it was GBP that stole the show, reacting strongly to comments from BOE's Sentence that a double-dip recession was a risk. There went 1-1/2 big figures in GBPUSD in a short period, compounding the early weakness seen in Asia.

Weekend news saw German Chancellor Merkel calling for greater budget discipline as a prerequisite for her supporting EU aid for Greece, denouncing what she called 'superficial” solidarity within the EU. She thought that aid from the IMF was more appropriate, in stark contrast to France's Sarkozy, adding that, if Greece is not in immediate need of aid, then there was no need to make it the main topic of the EU summit meeting on Thursday.

On the China front, China's Commerce Minister Chen Deming accused the US of politicizing the value of the Yuan, commenting that pressuring China to strengthen the Yuan 'does no good to anyone”. He also warned that a rise in protectionism would threaten the global recovery. To back up his point he said that China's trade balance likely slipped into the red in March, even though the Yuan was stable, suggesting that exchange rate changes would have a 'limited” impact on trade.

The start to this week was a quiet affair in Asia with Tokyo centre closed for a public holiday. The general mood of risk aversion was still evident early in the session with the USD gaining across the board (+0.1% on the USD index). Commodities were stable after Friday's tumble (more due to lack of interest?) and as a result commodity currencies were also stuck in tight ranges.

The UK's CBI issued a subdued outlook on the UK economy in which it expected the recovery to be 'slow and sluggish, with few signs of real strength until well into next year. For 2010 it forecast growth of just 1.0%, at the bottom end of the government's 1.0-1.5% range, rising to 2.5% in 2011. On the interest rate front, the CBI forecast that the BOE would begin tightening monetary policy in Q3 with small, incremental hikes brining the base rate up to 2.0% by the end of 2011.

The data calendar remains sparsely populated into Europe with Swiss money supply, Denmark consumer confidence and the EU equivalent later during the US session. It is another quiet day in US again, with Chicago Fed Activity Index the only release scheduled. Watch for speeches from BOE's King and ECB's Trichet late in the session.

Saxo Bank

Analysis Disclosure & Disclaimer

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SaxBank utilizes financial information providers and information from such providers may form the basis for an analysis. SaxBank accepts nresponsibility for the accuracy or completeness of any information herein contained.

Any recommendations and other comments in SaxBanks analysis derive from objective fundamental macreconomical and company specific calculations, statistical and technical analysis, and subjective general market assessment.

If an analysis contains recommendations tbuy or sell a specific financial instrument, such recommendation should be seen as SaxBanks opinion that the specific instrument will respectively outperform the relevant market or underperform compared tthe market. SaxBanks recommendations should statistically correspond tan even distribution between buy and sell recommendations.

The recommendations may expire promptly due tmarket volatility and in general, SaxBank does not anticipate its recommendations tbe valid more than one month. An analysis will be updated if and only if a market development or other issues relevant tthe analysis render a new analysis on the same topic relevant. SaxBanks analysis does not cover any specific financial product over time but only products which SaxBanks strategy team finds it important tcover at any given point in time.

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10 Year GILTS June Contract

23.03.10
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10 Year GILTS June Contract


Gilts did open above 114.90 to push back up to 115.30/32. We did blip to 115.42 but only momentarily before dipping lower.


Another test of 115.39/40 could be on the cards for today and a break higher is now possible, taking us higher to 115.48/50. This should be tricky for bulls here also. However a break targets 115.64/68 today.


Support seen down to 114.90/85 once again and this could hold today. However a break lower keeps corrective pressure to 114.69/62. This is a good area to cover shorts and attempt longs. The market appears to be basing as previously mentioned and this could well mark the low for today. Only below 114.52 would bulls need to exit positions as we sink towards 114.40/38 which could mark the low for today.


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Morining summary

23.03.10
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Currencies have fallen quite a way since Friday, especially cable. Overnight we have seen lows of 1.4931 in spot, 1.4923 in futures. Euros are currently holding onto 1.3503 and have produced a double bottom at these lows.  Now this should be enough to springboard a bounce today,  but your topside is looking quite limited given the daily stochastics have turned negative.  1.3680/1.3725 would be the outside parameters here.

S&P has hit 1147 good support overnight,  but will look safer above 1152.  However we had a key reversal day on Friday with the inability to break 1157 on a close basis,  so again any moves higher do look to be limited to 1157 and this is where sellers will be waiting.

Euro Stoxx and Ftse do look to be under pressure as well and 2807/03 is the level to watch on the downside.  If we lose this support, the pressure will once more be to the downside. 2780/76 would then be your target for this session.

Bunds have closed up, and this short term strength should continue today.  There is resistance at 123.27/31 but if we can clear this look for 123.37/39.  You only want to go long then above 123.40. Support is down to 122.86 and be a buyer on dips to here.

Oil remains under pressure as well at the moment with 8000 your level to watch on WTI

Regards,

Jason Sen.

Director

+44 208 123 7981

PROFESSIONAL FORECASTING FOR PROFESSIONAL TRADERS
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USDJPY traded in a narrow range between 89.63 and 91.08

23.03.10
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USDJPY traded in a narrow range between 89.63 and 91.08 for several days. Now the price action in the trading range is more likely consolidation of uptrend from 84.82. As long as 89.63 support holds, another rise to test 92.14 resistance could be expected after consolation. However, below 89.63 level will suggest that the bounce from 88.14 has completed at 91.08 already, then another fall towards 87.00 could be seen to follow.

For long term analysis, USDJPY formed a cycle top at 93.75 level on weekly chart. Fall towards 84.82 previous low is expected.

usdjpy

Weekly Forex Analysis
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British Airways exposes Internet problem facing all businesses

23.03.10
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British Airways is in trouble, yet again. The company has been plagued by difficulty, yet according to the company it always bounces back. That rather depends upon what you mean by bounceback. It has lost considerable market share over the past 20 years, it has gone from massive profits to huge losses and it has gone from the "World's Favourite Airline" to the company that gets more negative press coverage than any other. If that's bouncing back, I must be on another planet.

The company appears confident that it will win the dispute with its cabin crews. Willie Walsh continues to portray an up-beat image. Meanwhile, the media is full of stories about the alleged intimidation from management, the intransigence of the board and the authoritarian regime that exists within the company.

Read more...


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15th Asia Oil Week - 20th - 22nd April 2010

23.03.10
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/EIN Presswire/ 20th - 22nd April 2010, Orchard Hotel, Singapore, Singapore Asia's Premier Annual Exploration & Management Strategy Conference , Now In Its 15th Year Building Asian Portfolio, Asian Landscape: Governments & State Players, Competition Strategy In Asian Gas Organised & Hosted By: Global Pacific & Partners Contact: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Date: 20-22 April 2010 Venue: Orchard Hotel, Singapore Website: Download Brochure or Register Online: 15th Asia Oil Week 2010 Registration Fees (Separately Bookable) Conference Fee: USD 1312 Briefing Fee: USD 1,121 Combined Fee: USD 1871 Right of Admission. Fees exclude Travel and Accommodation. Our 15th Annual Asia Oil Week 2010 will take place in April 2010 and will have an intensive high-level Program of Asia's and the world's leading Speakers, and is the key upstream management event in and on Asia and Australasia, with numerous senior executives attending annually. The 15th Annual Asia Upstream Conference 2010 (21 + 22 April) focuses on upstream Asian oil, gas-LNG and the region's exploration and development future, and looks forward at the coming decade across the Asian onshore and offshore, providing perspectives from Companies, Governments and National Oil Companies. The Conference reviews diverse upstream ventures, acreage opportunities, changing corporate strategies of Super-Majors and Independents, National Oil Companies and Government, investments, oil and energy finance, and the service and supply industry. The 19th Asian Petroleum: Strategy Briefing 2010 (20 April) provides an in-depth examination of the upstream oil and gas-LNG strategies in exploration and development in Asia, and the strategies of key players, Governments and National Oil Companies, Licensing Agencies. Presentations are by Dr Duncan Clarke (Chairman & CEO, Global Pacific & Partners) in an intensive and interactive forum, providing a seasoned diagnosis based on 30 years upstream Advisory Practice in Asia and on Six Continents. Raise your profile across Asia by being a Sponsor or Exhibitor at our 15th Asia Oil Week 2010. Focus On * Asian Upstream Landscapes * Key Influences In Asia-World * Giant Oil States & Mature Exploration Zones * Asian Outlook, Oil Risks, Threats & Future * Inter-State Projects & Hydrocarbon Drivers * Licensing Rounds, Acreage & Asset Markets * Leading Corporate Players & Future Outlook * Regional & Worldwide Independents In Asia * Growth & Regional Investment * Joint Ventures in Asian Oil/Gas * National Oil Companies: Strategy & Growth * Building Portfolio through Acquisition & Joint Ventures * Domestic/Foreign E&P * Gas Industry Prospects & Asian Gas Markets * Building In LNG & Methanol * Governments & Future Upstream Direction Confirmed Speakers Include * Dr Duncan Clarke Chairman & CEO, Global Pacific & Partners * Michael G. Cousins Vice President, Asia Pacific & Middle East, ExxonMobil * Audie Setters Vice President & General Manager, Business Development, Chevron * John Bates General Manager, Marathon International Petroleum Indonesia * Hidenobu Teramura Director Petroleum Policy, Ministry of Economy, Trade & Industry METI, Japan * Rui Soares Director, Exploration & Production, Autoridade Nacional do Petroleo, Timor Leste * Clovis T Tupas Vice President & General Manager, operations, PNOC Alternative Fuels Corporation * Mortuza Ahmad Faruque Managing Director, BAPEX * Dr Duncan Clarke Chairman & CEO, Global Pacific & Partners * Lukman Mahfoedz Corporate Project Director, PT Medco Energi Internasional Tbk * John Mebberson General Manager, Exploration, Roc Oil * Jurgen Hendrich Managing Director & CEO, MEO Australia * Ian Cross Managing Director, Moyes & Co. * Prashant Modi President & COO, Great Eastern Energy Corporation Ltd (GEECL) * Stephen Mitchell Managing Director, Molopo Australia * Randeep Grewal Chairman & CEO, Green Dragon Gas (Greka) * Alan Charuk President & CEO, CBM Asia Development Corporation * Dr Duncan Clarke Chairman & CEO, Global Pacific & Partners * Robin Allan Director, Asia, Premier Oil * Peter Botten Managing Director, Oil Search * James Menzies CEO, Salamander Energy * Richard Lorentz Director, Business Development, KrisEnergy, Singapore * Jon Pattillo Head of Exploration, Nido Petroleum * Alex Parks CEO, Mosaic Oil * Alan Fernie Exploration Manager, Horizon Oil * Phil Mulacek CEO & Chairman, InterOil * Doug de Filippi Managing Director, International, Scotia Waterous Amanda Wellbeloved General Manager, JHB & Int'l Events - Johannesburg Global Pacific & Partners This e-mail address is being protected from spambots. You need JavaScript enabled to view it Tel: +27.11.880.7052
   

Canadian Stock Wire: Wesdome Gold Mines

23.03.10
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March 22, 2010 (FinancialWire) Wesdome Gold Mines Ltd. (TSX: WDO) reported its financial and operating results from its Canadian operations for the year ended December 31, 2009. Net income increased to $32.16 million or $0.32 per share from $9.36 million or $0.09 per share prior year. Comprehensive income was $32.23 million compared to $9.20 million last year. Revenue increased to $103.54 million from $80.96 million last year. Wesdome Gold Mines shares were even at $2.12 on Friday.

Complete filings for Canadian exchange-listed companies are accessible via the SEDAR database (http://www.sedar.com/).

Source: Courtesy of BayStreet.cas proprietary Stocks in Play news series (http://www.baystreet.ca/articles/stocks_in_play.cfm).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

wreiq stkev cndnexh

   

The Paderewski Symphony Orchestra presents the 200th Anniversary Gala

23.03.10
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"Chopin in My Heart" featuring multiple award winner Polish pianists, Piotr Banasik Friday, March 26, 2010 at the Orchestra Hall at Symphony Center Chicago IL - March 19, 2009 -- "Chopin was a genius of universal appeal. His music conquers the most diverse audiences. () When I play Chopin I know I speak directly to the hearts of people!" - Arthur Rubinstein, Polish-American musician, one of the greatest pianists of the twentieth century. Polish pianists have always had a special bond with Chopin. In the words of Balzac,"Chopin is more Polish than Poland itself." To mark the bicentennial of the composer's birth, Wojciech Niewrzo - Victor, an extraordinary conductor and the music director of the Paderewski Symphony Orchestra, has invited Piotr Banasik - one of the most talented Polish pianists of the young generation. He has won numerous awards and honors in competitions in Poland and abroad, including the Grand Prize in the PARNASSOS International Piano Competition, and the Special Prize at the 15th International Chopin Piano Competition in Warsaw. Since 1998 Piotr has given countless recitals and has performed as a soloist in symphonic concerts throughout Poland, as well as in the Czech Republic, Ukraine, France, Germany, Italy, Mexico, South Africa, Switzerland, China and the United Arab Emirates. Piotr Banasik's technique and sensitivity is beyond measure and has been equally and enthusiastically applauded by audiences across the world. "An explosion of romantic musicality, a great show of virtuosity, and an excellent presentation of his own musical thoughts, cause the audience to ask for endless encores" - "Gazeta Wyborcza", Feb. 27, 2009. The program of the March 26th concert will feature the choicest pearls of Chopin's music. Among these will be the Concert in E-minor, which he wrote at age 18, and Chopin's Songs, thus far rarely performed in the United States. The audience will hear these songs performed in Polish by the renowned Polish singers Miroslawa Sojka -Topor, soprano and Jozef Homik, tenor. Liszt would introduce Chopin to friends with these words: "I want you to meet a man who comes from another planet." Chopin said: "A long time ago, I decided my universe would be the soul and heart of man." These words ring true to this day. The Gala concert at the Orchestra Hall at Symphony Center (220 S. Michigan Ave, Chicago) will take place on Friday, March 26 at 8pm. Tickets are available at the CSO box office, tel. (312) 294 3000 and at the PaSO office, tel (773) 957 7777. More details can be found at www.cso.org and www.pasochicago.org. The Paderewski Symphony Orchestra (PaSO) is proud to present "Chopin in My Heart" - a 200th anniversary Gala Concert in Chopin's honor. PaSO's mission is to enrich Chicago's cultural life with the sounds of one of the oldest and most beautiful European cultures, and serving as a cultural bridge between the American and Polish communities. Paderewski Symphony Orchestra: Contact: Barbara Bilszta 773. 350. 7251 www.pasochicago.org
   

Judge Dismisses All Charges Against Educator Peter Epstein

23.03.10
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"Now how do get my reputation back," states Epstein. Miami, FL - March 19, 2010 -- On March 5 2010, Judge Sarah Zabel dismissed all charges against long time teacher/educator Peter Epstein. On August 7th 2009 Epstein had was pulled over by local police for an alleged traffic infraction. The traffic stop lead to Epstein being charged with driving under the influence (DUI), possession of marijuana and possession of a controlled substance. At all times Mr. Epstein had disputed the charges and the accuracy of the arresting officer's police report. After pleading not guilty to all charges, Mr. Epstein and his attorneys had maintained that the arresting officer had acted in an overzealous manner during the arrest and in preparing the police report, the officer misstated material facts. In fact Epstein's attorney's subsequent investigations had revealed that in the last 8 years at least 7 complaints had been reported against the arresting officer and those complaints lead to an investigation against the arresting officer. After reviewing the facts of the case the State Attorney's Office through the prosecutor recommended that all charges be dismissed. Judge Zabel accepted that recommendation in her order to dismiss. Mr. Epstein stated, "Even though all charges have been dismissed, this entire ordeal has been a harrowing experience. There was a lot of publicity about my case in the media and unfortunately much of the publicity contained highly inaccurate information which severely damaged my reputation. Even though I have never been found guilty of any crimes, one traffic stop has severely tarnished my reputation that I spent 20 years building as a prominent educator in South Florida. Now that this is behind me, I intend to resume doing what I have always loved doing, educating children in our community and helping them grow into responsible adults." Epstein has also indicated that he is grateful to all of his current and former students as well as many members of the community that have supported him throughout this ordeal. Peter Epstein is available for comments at: 2140 NE 190 terrace NMB,Fl 33179 954-865-9655 This e-mail address is being protected from spambots. You need JavaScript enabled to view it Source: RPR News Staff Writer
   

Good Morning, Americans, Today You Have A Right To Health Care

23.03.10
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March 22, 2010 By Joe Rothstein Editor, EINNEWS.COM Good morning, Americans. Today you have a right to health care. Just as you have long had a right to a lawyer, and to education you have a right to health care. You have a right to health care, just as those living in every other developed country have long had. In the scheme of things, what Congress finally enacted Sunday night is not very original or revolutionary. Health insurance remains a private, for-profit business. But the effort to enact even this degree of fundamental change has been one of the most longstanding political battles in U.S. history. And the way it was framed over the past 12 months you might have thought to do even this much would bring apocalyptic destruction to the U.S. In fact, Republican House Leader John Boehner used that very word, "apocalypse," to describe what he envisioned the result for the U.S. He said it during a Sunday morning TV talk show and again last night during the debate. So he must believe it. I watched the spectacle of the final debate from the House press gallery most of yesterday afternoon and long into the night. Being there provided impressions not available from TV: The tension on Democrats' faces as they watched with deepening concern their vote count stall in the low 200s with just a few minutes left to go. Could Speaker Nancy Pelosi have brought this mother-of-all political wars to the floor with too few votes to pass? And then, within seconds, the electronic vote board ran up from 202 "yes" votes to 215. Democrats' realization that they were on the brink of passage spread like sheet lightning across the House floor. "One more vote," "one more vote," they chanted. And finally----that one more vote lit up to insure passage, followed by three more to provide a comfort zone. The moments leading up to the vote triggered a rowdy, slap happy, boos and cheers festival. It was much like two heavyweights who'd taken a lot of punches in a grueling marathon battle finally cutting loose before the final bell, with blood-lust crowds cheering them on. The leaders of both sides were hailed as heroes in their final speeches: Boehner and his deputy Eric Cantor in opposition, Pelosi for the majority. Pelosi entered from the rear of the chamber, down the long aisle to the speaker's well, to rock-star treatment by cheering Democrats. This was an entrance and treatment usually reserved for presidents and State of the Union addresses. It's popular to say that President Obama and the Democrats are "all in" on health care reform. There's no denying that---the party has a lot of chips on this table. Everyone on the House floor last night knew it. But the other side of that card is true, too. The Republicans also are "all in." For its failure. What if by November the streets are clear of health care protesters, Rush Limbaugh and Glenn Beck have moved on to declaring immigration reform the trigger that will blow up the republic, and tens of millions of Americans are wondering, if they think about it at all, what the health care fuss was all about. For most of those now lucky enough to have good health insurance at reasonable rates nothing will have changed. For many others, the impact will be immediate and positive. In that pre-election environment won't John Boehner's warnings about an "apocalypse" sound a bit loony? Won't the uniformity of the Republican vote against health reform seem more political than responsible? Common wisdom has it that the battle for health reform had its modern day antecedent during Harry Truman's presidency. But a dozen years before Truman asked Congress to enact health reform, the issue was a very hot topic for Franklin Roosevelt. FDR was being pushed hard to incorporate health reform in the new Social Security program he was proposing. But in the end FDR became convinced that the only way he could squeeze Social Security through Congress was to abandon health reform. And he did. A historical note that might apply in 2010: After Social Security was enacted in 1936 Democrats added 12 more Democrats to their already big majority in the House and 6 to the Senate. During the vote and final debate, Rep. John Dingell of Michigan sat in one of the front row seats. He had labored in on crutches, with what appeared to be painful effort. Dingell's the longest serving member of Congress---55 years, the third longest serving member in the history of the U.S. After passage, Dingell was mobbed by well-wishers. For 53 of Dingell's 55 years in Congress he has introduced health reform legislation. He lived to see it finally happen. Once the final tally was announced the Democrats broke into another spontaneous chant, "Yes, We Can." "Yes, We Can." You might have thought they'd emerged from March Madness winning the Final Four. In her final speech, Speaker Pelosi proposed a corollary to Tip O'Neill's famous dictum, "All politics is local." Pelosi's formulation: "All politics is personal." She meant that the health benefits embedded in the bill would affect all Americans personally. But she could just as well have meant that the politics of getting the bill passed was taken very personally by all House members, Democrats and Republicans alike. The Democrats believe they have accomplished a change as positive and historic as Social Security and Medicare. The Republicans believe, as Boehner said, that the bill will create an "apocalypse." Whether all of this drives an even bigger wedge between members of the two parties on all of the other major issues in the queue waiting for attention is a question for another day. As will voters' judgment about whether the politics of health care justified shoving all their chips on this table.
   

ECOG, AMNE and ECOS are the Stocks to Watch for March 22nd from OTCPicks.com

23.03.10
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(EMAILWIRE.COM, March 22, 2010 ) Dallas- OTCPicks.com's Daily OTC Stocks Newsletter presents a range of the hottest small cap, micro cap and penny stocks trading on the OTC and OTCBB markets. In addition to our Newsletters, OTCPicks.com is quickly becoming the premier community destination for small cap and micro cap traders to meet up and discuss their top stock picks.

Visit http://www.otcpicks.com/hotpicks.htm today to sign up for our Free Daily Email Newsletter and News Alerts.

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ECO GLOBAL CORPORATION (OTCBB: ECOG)
"Up 133.33% on Friday"

Eco Global Corporation, a development stage company, owns a proprietary technology known as INCABLOCK construction system to establish a business that specializes in pre-manufactured houses, as well as commercial and industrial structures. The company holds a patent for the production of concrete interlocking modular blocks system, which can be assembled without any mortar. These opportunities would be offered through strategic joint ventures and licensing for manufacturing and or marketing. It also plans to design, develop, and construct housing units. Eco Global Corporation intends to focus initially on Mexico, followed by the United States, and subsequently other countries. The company was formerly known as Driver Passport, Inc. and changed its name to Eco Global Corporation in May 2009. The company was founded in 2004 and is based in Spring Valley, California.

AMERICAN GREEN GROUP INCORPORATED (OTC: AMNE)
"Up 100.00% on Friday"

AMNE is moving into the six billion building insulation business by becoming a cutting edge chemical sales company. The company is creating a new, wholly owned subsidiary to operate this business which will be headed by Terry Mixon, who plans on implementing this business strategy by using the web, mailing, telephone marketing, and television advertising campaign to grow our associate applicator membership to at least 5 distributor companies in each state. AMNE will begin by recruiting known successful application companies in each state then begin a web-based associate membership drive. The corporation will offer equipment, training and great pricing plus marketing support through the web program to all new associates.

ECOLOCAP SOLUTIONS (OTCBB: ECOS)
"Up 35.83% in morning trading"

EcoloCap is a US-listed, international company focused on the commercial development of green energy projects in emerging economies, especially in Asia. Rising energy costs, climate change concerns, and the need to reduce greenhouse gases create an unparalleled opportunity for the development of renewable, sustainable energy sources which will be a significant, long-term opportunity for the 21st century. To maximize shareholder value EcoloCap is focused on projects which qualify for Carbon Emission Reduction credits (CERs) registered under the Clean Development Mechanism (CDM) of the United Nations' Kyoto Protocol. EcoloCap utilizes its know-how, capital, technology, engineering expertise, and on the ground operations management to work with governments and enterprises in emerging economies in order to successfully reduce greenhouse gases for both capture and utilization. By this process EcoloCap acquires UN Certified Carbon Credits (CERs) at favorable costs, which are then sold on the world market at prevailing prices.

About OTCPicks.com

OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap and penny stocks. The web site features growing micro cap and penny stock companies. We publish a daily Free email newsletter highlighting the most active Pinksheets, OTCBB and penny stocks. To feature a company on our web site please contact our publisher, Brian Dean at 972-546-3740, or via email at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

Disclosure: OTCPicks.com has not been compensated by any of the companies covered in this release.

OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.


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TSIA's "Intelligent Search Market Overview" Report Identifies Innovative ...

23.03.10
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(EMAILWIRE.COM, March 22, 2010 ) SAN DIEGO, CA The Technology Services Industry Association (TSIA), the technology services industry's largest and most vibrant association, has completed its 2010 Intelligent Search Market Overview Report, authored by John Ragsdale, TSIA vice president of technology research, to be made available to TSIA membership on March 29.

According to TSIA's 2009 Member Technology Survey, as high as 15 percent of TSIA member companies had budgeted for intelligent search tools last year; however, selecting a tool grows harder as the formerly separate worlds of knowledgebase search, enterprise search, and social search begin to merge. To help companies select the right tool for the job, Ragsdale has identified 20 differentiating selection criteria for intelligent search, indicating the bleeding edge capabilities now available. The report maps which features are offered by technology services search vendors.

The 20 selection criteria are across multiple areas, including search functionality, display of search results, scalability and response time, integration, security, and deployment models.

When I designed the evaluation criteria for this quickly evolving market, my assumption was that no single vendor would have every feature, said Ragsdale. To my surprise, multiple vendors have 100 percent coverage for the innovative criteria, showing the speed at which these markets are converging.

The following search specialists participated in the study: Attensity, Baynote, Clarabridge, Consona CRM, Coveo, InQuira, KANA, nGenera CIM, Q-go, and RightNow.

The report will be available on March 29 to TSIA members. TSIA also is hosting a members-only Webcast on the topic on March 25, titled Mining the Expanding Knowledge Ecosystem: A Market Overview of Intelligent Search. To register for the Webcast or for more information, TSIA members should access the link for their service discipline:

Field Services Registration
- http://afsmi.com/events/webcasts.asp#intelligentsearch
Professional Services Registration
- http://www.tpsaonline.com/webcasts.asp#intelligentsearch
Support Services Registration
- http://www.thesspa.com/webcasts/index.asp#intelligentsearch

About TSIA
The Technology Services Industry Association (TSIA) is the technology services industry's largest and most vibrant association, encompassing more than 50,000 members from 300 companies in 80 countries. Our ranks include services executives, managers, and professionals from around the globe. http://www.tsia.com.

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PreMarketData.com Reports Newswire.Net Gets Google News Distribution (Pink Sheets: EXTI)

23.03.10
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(EMAILWIRE.COM, March 22, 2010 ) Las Vegas NV - Extensions, Inc. owner and operator of Newswire.Net, publicly traded under the ticker symbol (Pink Sheets: EXTI), announced last week it had been notified that its Newswire.Net articles will be included in Google news.

According to the company's press release dated March 17th, CEO Erin Saxton proclaimed it an exciting day for Newswire.net, as the addition to Google news gave its independent journalists a louder 'voice' in broadcasting their writings.

Newswire.Net is a network of independent journalists, each with their own profile page, that includes the member's official photo, a brief biography, links to past articles, and articles for which they are currently on assignment. Newswire.Net writers receive their own by-line credit, assistance from our editorial staff and a physical Newswire.Net media pass which can be electronically confirmed to demonstrate affiliation as a writer under the Newswire.Net News banner.

Newswire.Net Industry Tags: Broadcasting, PR Newswire, Business wire, Networks, CBS, ABC, NBC, Technology, Search Engine Optimization

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Trucking, Logistics Seminar Discussing Mergers, Acquisitions and State of Capital Markets in ...

23.03.10
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Trucking, Logistics Seminar Discussing Mergers, Acquisitions and State of Capital Markets in Transportation; by Benesch, Friedlander and Ahern & Associates /EIN Presswire/ Complimentary conference features panel experts who will tackle the tough issues facing today's trucking and logistics companies and provide practical solutions to help them survive, prosper and find opportunities in 2010; Conference to be held May 25, 2010 at the Ritz Carlton, Phoenix. Phoenix, AZRenowned transportation analyst, Andy Ahern of Ahern & Associates Ltd, in conjunction with Benesch, Attorneys at Law is conducting a conference on May 25, 2010 in Phoenix, Arizona. Topics slated for discussion include the following: - Independent contractors under siege - How to create more market value for a trucking and logistics company and what opportunities lie out there for acquirers - How to fix a company that is currently not making any money - Fixing a trucking or logistics company that is broken; and if not possible, surviving a Ch. 11 - Transportation mergers and acquisitions - Preparing a company for sale - Company valuation and bringing your company to market - Proper representation of your trucking or logistics company - Planning a proper exit strategy Perhaps the most controversial of the topics to be discussed is the IRS' plan to audit some 6,000 independent trucking contractors and possibly convert them to employee status in order to generate additional tax revenue. Already successful in gaining permission to do so according to a recent ruling in the State of Arkansas which was upheld by their Supreme Court, this impending regulation may prove to be detrimental to the industry and could provide the impetus for an unprecedented number of Chapter 11 filings in 2010. Additionally, Benesch and Ahern will be discussing their upcoming forecast for freight demand for the balance of 2010 and 2011. There will be many renowned speakers from private equity firms, publicly traded trucking and logistics companies, past presidents of public trucking companies, as well as Benesch and Ahern's own experts. Andy Ahern, CEO of Ahern & Associates as well as Jim Hill, Executive Chairman of Benesch comments on the upcoming seminar: "We would invite owners and management of transportation and logistics companies who want to maximize their sales value, and understand the capital markets in transportation today or those who do not wish to become a statistic of today's economy and increasing government regulations to take a hard look at their company and determine if the path they are on will lead them to prosperity or demise--bottom line, if you fit the bill, then you need to attend." Those who wish to RSVP for this landmark event are urged to contact: Claudia Balderas Manager/Executive Assistant Ahern & Associates, Ltd. (602) 242-1030 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Megan Thomas Client Services Manager Benesch, Friedlander (216) 363-4639 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it About Benesh: Benesch's Transportation and Logistics Group was specifically created to address the needs of users and providers of logistics services. Benesch lawyers are uniquely qualified to represent companies nationally and internationally that are either sponsored or owned by private equity firms. Attorneys leading these efforts are James M. Hill, Executive Chairman of Benesch ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 216.363.4444), Eric L. Zalud, Partner and Chair of the firm's Transportation & Logistics and Litigation Practice Groups (ezalud@beneschlaw.comor 216.363.4178) and Marc S. Blubaugh, Partner in Benesch's Transportation & Logistics and Litigation Practice Groups ( This e-mail address is being protected from spambots. You need JavaScript enabled to view it or 614.223.9382). For more information please call Megan Thomas at 216-363-4639 or visit http://www.BeneschLaw.com About Ahern & Associates, Ltd.: Ahern and Associates is North America's leading trucking and transportation management consulting firm. The skilled consultants at Ahern and Associates specialize in mergers and acquisitions of trucking and logistics companies as well as the restructuring and evaluation of existing carriers that seek to increase operating efficiency and improve profitability. Since 1987, Ahern and Associates has aided hundreds of buyers in the acquisition of trucking and logistics companies throughout the U.S. and Canada as well as assisting many transportation and logistics companies in reducing their overall operating costs and increasing their profitability. For more information, please call 602-242-1030 or visit http://www.Ahern-Ltd.com . XXX Business contact at Ahern & Associates: Andy Ahern 602-242-1030 Business contact at Benesch, Friedlander: James M. Hill 216-363-4500 Media contact: Jason W. Jantzen Red Spot Marketing 602-282-0202
   

Canadian Stock Wire: Claude Resources

23.03.10
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March 22, 2010 (FinancialWire) Claude Resources, Inc. (TSX: CRJ) announced that it is putting its remaining oil and natural gas interests on the market as it further executes its corporate strategy of monetizing non-core assets. The company said that significant properties, which are situated in Alberta, include a 1.8% working interests in the Nipisi Gilwood Unit No. 1 located 110 kilometres northwest of Edmonton; and a 6.29% working interest in wells near Zama, Alberta. Claude Resources shares were down $0.02 at $1.04 on Friday.

Complete filings for Canadian exchange-listed companies are accessible via the SEDAR database (http://www.sedar.com/).

Source: Courtesy of BayStreet.cas proprietary Stocks in Play news series (http://www.baystreet.ca/articles/stocks_in_play.cfm).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).

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