Max Keiser

Keiser Report: Ponzi Lottery (E425)

[youtube pFCkG9UJGjc] In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the previously successful UK economy which who has become addicted to gambling and spending fortunes on spread betting and so has turned to operating ponzi schemes in order to keep the appearance of economic activity. In the second half of the show, Max Keiser talks to former Scotland Yard fraud squad detective, Rowan Bosworth-Davies of Rowans-Blog.blogspot.co.uk about the evidence he gave to the Parliamentary Committee on Banking Standards that went missing and how it is that the British banking system is remarkably similar to an organized crime racket. […]

Mergers & Acquisitions

Rhythm & Hues Acquired By Affiliate Of Prana Studios, Inc.

Rhythm & Hues Acquired By Affiliate Of Prana Studios, Inc. New Operating Company to Provide Capital and Digital Partnership PR Newswire LOS ANGELES, March 29, 2013 LOS ANGELES , March 29, 2013 /PRNewswire/ — Academy Award-winning visual effects and animation studio Rhythm & Hues was acquired out of bankruptcy today by a wholly-owned affiliate of Los Angeles -based Prana Studios, Inc. At a hearing held today in U.S […]

Mergers & Acquisitions

Life Care Medical Devices Limited Completes Share Exchange with Health In Harmony Inc.

Life Care Medical Devices Limited Completes Share Exchange with Health In Harmony Inc. Health In Harmony Changes Name to Life Care Medical Devices Limited PR Newswire NEW YORK, March 29, 2013 NEW YORK , March 29, 2013 /PRNewswire/ — Life Care Medical Devices Limited (“LCMD Hong Kong”), a development stage medical device company developing and commercializing its Keyhole Cup device for use in laparoscopic surgery and its EPIOS Pain Management System, is pleased to announce the closing of its share exchange and reorganization with Health In Harmony Inc., a Nevada corporation (OTCQB: HTHH). […]

Mergers & Acquisitions

EDAC To Enter Into Discussions With MidOcean Partners

EDAC To Enter Into Discussions With MidOcean Partners Board Continues To Recommend Greenbriar’s Tender Offer At $17.75 PR Newswire FARMINGTON, Conn., March 29, 2013 FARMINGTON, Conn. , March 29, 2013 /PRNewswire/ — EDAC Technologies Corporation (NASDAQ: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that on March 28, 2013 , MidOcean Partners, through one of its affiliates, publicly announced an unsolicited non-binding proposal to acquire EDAC for $18.25 per share, jointly with a large North American pension plan investment manager. That same day, EDAC’s board of directors received a joint letter dated March 27, 2013 from MidOcean Associates SPC and Public Sector Pension Investment Board, or PSP, regarding MidOcean’s and PSP’s acquisition proposal. […]

FDA Approval

U.S. FDA Approves INVOKANA™ (Canagliflozin) for the Treatment of Adults with Type 2 Diabetes

U.S. FDA Approves INVOKANA™ (Canagliflozin) for the Treatment of Adults with Type 2 Diabetes INVOKANA™ is the first in a new class of type 2 diabetes medications available in the United States In Phase 3 studies, INVOKANA™ improved blood glucose control and was associated with reductions in body weight and systolic blood pressure Janssen will partner with other Johnson & Johnson companies focused on diabetes to bring INVOKANA™ to healthcare professionals PR Newswire RARITAN, N.J., March 29, 2013 RARITAN, N.J. […]

Mergers & Acquisitions

DS Waters of America, Inc., Owners of Kentwood Springs Water Brand, Acquires K&K Bottled Water Company

DS Waters of America, Inc., Owners of Kentwood Springs Water Brand, Acquires K&K Bottled Water Company PR Newswire ATLANTA, March 29, 2013 ATLANTA , March 29, 2013 /PRNewswire/ — DS Waters of America, Inc., owners of the Kentwood Springs water brand, announces the acquisition of K&K Bottled Water Company, Sulphur, La. One of the country’s largest providers of bottled water, brewed coffee and water filtration services, DS Waters is pleased to add the K&K bottled water customers to the DS family and looks forward to satisfying these customers’ needs into the future. Customers in the city of Lake Charles and surrounding parishes will now be able to order flavored drink mixes, hot chocolate and coffee products along with their water delivery. […]

Upgrades

BANCORP BNK/THE (TBBK) Upgraded by Zacks to OUTPERFORM

Zacks Investment Research upgraded shares of BANCORP BNK/THE (TBBK) from NEUTRAL to OUTPERFORM on March 29, 2013, with a target price of $15.00. The Bancorp Bank is a Delaware-chartered, federally insured commercial bank which focuses on service to small and mid-size businesses and their principals in the Philadelphia-Wilmington market area, and on private-label affinity group programs, including merchant card servicing. Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day . […]

Mergers & Acquisitions

Ethika Investments Allocates Capital for Acquisition of Hunt Valley Inn in Baltimore, Maryland

Ethika Investments Allocates Capital for Acquisition of Hunt Valley Inn in Baltimore, Maryland –Hotel to be branded as part of the Wyndham Grand Collection– PR Newswire LOS ANGELES, March 29, 2013 LOS ANGELES , March 29, 2013 /PRNewswire/ — Ethika Investments, LLC , a U.S.-based real estate investment firm, has announced the capital allocation for the acquisition and branding of the Hunt Valley Inn located in Baltimore, Maryland . This marks the fourth investment from Ethika’s Diversified Opportunity Real Estate Fund. The hotel will soon be branded as part of the Wyndham Grand Collection. […]

Mergers & Acquisitions

Glass Lewis Recommends PCS Shareholders Vote Against MetroPCS/T-Mobile Transaction

Glass Lewis Recommends PCS Shareholders Vote Against MetroPCS/T-Mobile Transaction – Glass Lewis and ISS agree that PCS shareholders will receive superior value through an independent, stand-alone structure – PSAM to host a live webcast on April 4 for PCS shareholders PR Newswire NEW YORK, March 29, 2013 NEW YORK , March 29, 2013 /PRNewswire/ — P. Schoenfeld Asset Management LP (“PSAM”) today announced that Glass, Lewis & Co. (“Glass Lewis”), a leading provider of corporate governance services to institutional shareholders, has recommended MetroPCS Communications, Inc […]