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Archive for September, 2009
Wednesyday September 30, 2009
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La Mesa, CA — September 30, 2009 -CRWE NEWSWIRE- Axia Group, Inc. (Pink Sheets: AGIJ - News) announces today that it has entered into a Letter of Intent (LOI) with Yana Philanthropy Group, a Taiwanese company. Contingent upon the satisfaction of certain conditions including satisfactory due diligence, the parties anticipate closing of a definitive agreement in October which shall result in Yana becoming the controlling shareholder and majority owner of Axia.
Yana Philanthropy is the first venture philanthropy organization in Asia which promotes the value of corporate social responsibility by advocating spiritual growth and responsibility which it believes will lead to both a spiritual and wealthy love by awakening the human consciousness. Yana also provides a platform which unites professionals from different backgrounds can work together. Yana Philanthropy has been in business for nine years and has been focused on the education and development of individual spiritual level. Yana International Co. Ltd., a subsidiary of Yana , has formed a joint venture with Great Sun Hospital Management Corp. in Taiwan to own and operate medical clinics. As part of this joint venture, Yana Philanthropy has created Yana Clinics to assist the medical community with spiritual healing courses, teaching spiritual healing and training volunteers throughout the world. Yana Philanthropy also anticipates building a green energy society in Taiwan that will work to build green energy houses, schools and clinics, eventually expanding this business to an international level. Through these subsidiary businesses, Yana Philanthropy will generate the funds necessary to carry out its philanthropic mission.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Axia Group, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision’s under the Private Securities Litigation Reform Act of 1995. The words or phrases “can be,” “expects,” “may affect,” “believed,” “estimate,” “project,” and similar words and phrases are intended to identify such forward-looking statements. Axia Group, Inc. cautions you that any forward-looking information provided by or on behalf of Axia Group, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Axia Group, Inc.’s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Axia Group, Inc.’s control. In addition to those discussed in Axia Group, Inc.’s press releases, public filings, and statements by Axia Group, Inc.’s management, including, but not limited to, Axia Group, Inc.’s estimate of the sufficiency of its existing capital resources, Axia Group, Inc.’s ability to raise additional capital to fund future operations, Axia Group, Inc.’s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match Axia Group, Inc.’s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Axia Group, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Contact: David Keaveney at dk@zhongguopartners.com
dspa120002-090930
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Overhill Farms, Inc. (NYSE Amex: OFI) today announced that it has entered into a sales and distribution agreement with J.R. Simplot Company which designates Simplot as the exclusive distributor of Overhill Farms products to some of the nation’s largest foodservice accounts.
RehabCare Group, Inc. (NYSE: RHB) plans to issue its financial results for the third quarter ending September 30, 2009 on Tuesday, November 3, 2009, immediately after the closing of the stock market. In conjunction with the release, management will host a conference call on November 3 at 5:00 p.m. Eastern time.
AT&T Inc. (NYSE:T) today announced that core wireline employees have voted to ratify a three-year agreement with the International Brotherhood of Electrical Workers. The agreement covers about 8,900 employees.
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Agilent Technologies Inc. (NYSE:A) today announced the availability of an add-on process design kit (PDK) with enhanced, foundry-certified features for United Monolithic Semiconductors’s (UMS) popular pHEMT processes (PH25, PH15, PPH25 and PPH15). Providing the most complete MMIC design flow available using Agilent’s Advanced Design System (ADS) platform, the new MMIC tool bar personality completely revamps layout functions, adds many design automation and routing capabilities, and helps streamline the MMIC design process. The add-on PDK is available now from UMS.
Mundus Group, Inc. (PINKSHEETS: MNDP) announced yesterday of the creation of AirStar Search and Rescue UAV 4 Life under its AirStar brand.
AirStar International, Inc. has been a leader in unmanned air vehicles (UAV) for over 25 years and has multiple contracts with US Government agencies to supply technology in the Vertical Take Off and Landing (VTOL) UAV field. The newest addition to AirStar’s products will be focused on helping search and rescue operations during California wildfires.
ATA Inc. (Nasdaq: ATAI) (”ATA”, or the “Company”), the leading provider of computer-based testing services in China, announced today that it has successfully delivered the third National Security Practitioner Qualification Exam and Security Broker Special Exam on behalf of the Securities Association of China.
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Upgrades
| Company | Ticker | Brokerage Firm | Ratings Change | Price Target |
|---|---|---|---|---|
| Coventry Health Care | CVH | BMO Capital Markets | Market Perform » Outperform | |
| Archer-Daniels | ADM | BMO Capital Markets | Market Perform » Outperform | |
| Huntington Banc | HBAN | Deutsche Securities | Hold » Buy | |
| Am Superconductor | AMSC | Kaufman Bros | Hold » Buy | $36 |
| Novartis AG | NVS | Citigroup | Hold » Buy | |
| China Precision Steel | CPSL | Roth Capital | Sell » Hold | $1.60 » $2.50 |
Downgrades
| Company | Ticker | Brokerage Firm | Ratings Change | Price Target |
|---|---|---|---|---|
| Greenhill | GHL | Pali Research | Buy » Neutral | |
| WellPoint | WLP | BMO Capital Markets | Outperform » Market Perform | |
| Humana | HUM | BMO Capital Markets | Market Perform » Underperform | |
| Healthspring | HS | BMO Capital Markets | Market Perform » Underperform | |
| Nelnet | NNI | Argus | Buy » Hold | |
| Affiliated Computer | ACS | UBS | Buy » Neutral | |
| Target | TGT | UBS | Buy » Neutral | |
| SmartHeat | HEAT | Rodman & Renshaw | Mkt Outperform » Mkt Perform |

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Stock-PR Wednesday September 30, 2009 Watch List!
Heartland Inc. (HTLJ.OB)
Heartland, Inc., through its subsidiary, Mound Technologies, Inc., fabricates metal products in the United States. The company offers structural and miscellaneous steel fabrication services, steel stairs and railings, bar joists, metal decks, other miscellaneous steel products, and related erection services for building additions and new non-residential construction.
Web Site: http://www.heartlandholdingsinc.com
Recent News:
Heartland Inc. Announces Completion and Occupation of Heartland Steel New Manufacturing and Warehousing Facility
Ballard Power Systems Inc. (BLDP)
Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of hydrogen fuel cell products for materials handling, residential cogeneration, back-up power, and heavy duty applications primarily in the United States, Canada, Japan, and Germany.
Web Site: http://www.ballard.com
MultiCell Technologies, Inc. (MCET.OB)
MultiCell Technologies, Inc., a biopharmaceutical company, develops and commercializes therapeutics based on a portfolio of patented drug development technology platforms. It involves in the research and development of degenerative neurological diseases, including multiple sclerosis (MS) and cancer.
Web Site: http://www.multicelltech.com
Recent News:
MultiCell Technologies is Granted U.S. Patent for Immortalized Human Liver Cell Lines
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