SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us

    News and Articles on OTC

    Archives: OTC

    Second home owner votes under scrutiny  Nov 21, 2009
    You just objected to my veracity, said Rosenwald, who added that she voted over the counter at the BOE office before leaving on vacation. I don t like having my veracity challenged. (Hudson Register Star, NY)

    Electronic Game Card, Inc. to Present at Second Annual LD MICRO Conference  Nov 14, 2009
    and LONDON, Nov. 13 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. ("EGC") (OTC Bulletin Board: - ), announced today that it is scheduled to present at the upcoming 2nd annual LD MICRO conference on Thursday, December 3, 2009, at 1:30p ... Electronic Game Card, Inc., (OTC Bulletin Board: - ), develops, produces and markets innovative games to the casinos and lottery, toys and games, education, and promotional industry worldwide. (Yahoo! Wire -- Entertainment News)

    NASDAQ to delist Advanta stock  Nov 13, 2009
    Advanta said it will not appeal the delisting, which will occur at the opening of business Nov. 18, and will try to get its stock quoted on the OTC Bulletin Board and/or the Pink Sheets. The bankruptcy filing came five months after Advanta shut down accounts to future use. (Philadelphia Business Journal, PA)

    NSE's stock options trade fails to mirror revival  Nov 6, 2009
    Even their trading in stock options contracts, especially in mid- and small-cap segments, mostly happen like an over-the-counter (OTC) trade where two or more parties fix a trade over phone, though the execution happens on the stock exchange. This indicates the lack of broader investor activity in the stock options segment, they said. (India Times)

    Liberty Media Announces Liberty Starz Trading Information  Nov 5, 2009
    Nov. 4 /PRNewswire-FirstCall/ -- Liberty Media Corporation ("Liberty Media") (Nasdaq: - , - , - , - , - , - ) today announced that shares of Series A Liberty Starz common stock and Series B Liberty Starz common stock will become eligible for trading, on a when-issued basis, on the OTC Bulletin Board under the symbols "LSTAV" and "LSTBV," respectively, on November 5, 2009. Liberty Media's existing Liberty Entertainment common stock is expected to be renamed Liberty Starz common stock immediately... (Yahoo! Wire -- Entertainment News)

    BB&T Insurance buys Oswald Trippe  Nov 4, 2009
    OTC was founded in 1982 by Chairman and Chief Executive Officer Gary Trippe and his wife, Gay Trippe, and James Pender, honorary chairman of corporate partner The Oswald Companies of Cleveland, Ohio. Trippe will remain with BB&T-Oswald Trippe in a client and community relationships and management consulting role, the release said. (Tampa Bay Business Journal, FL)

    Should muni bonds be in portfolio?  Nov 4, 2009
    Also, munis are traded over the counter rather than on an exchange, so it can sometimes be difficult to get a price quote for your bond, not to mention a buyer. These liquidity issues may not matter to you, however, if you intend to hold your bond until maturity, collecting regular interest payments along the way and eventually receiving your principal back. (Rockport Pilot, TX)

    Buffett Bets 'All In' On U.S., Coal With $44 Bil Railroad Buy  Nov 4, 2009
    Average daily commissions in ICE's OTC energy business jumped 12% in Q3. Expenses jumped 41%, partly because of. (Investors Business Daily)

    OptiCon prepares for stimulus dollars  Nov 3, 2009
    Shares for OptiCon (OTC BB: OPCN) were trading at just under 6 cents per share Monday afternoon, up 16 percent from its previous close of 5 cents per share. The company s stock has traded between 2 cents and 59 cents over the past year. (Tampa Bay Business Journal, FL)

    Stock markets down, bank stocks mixed  Oct 24, 2009
    48, but (Over The Counter: LCNB.OB) up 4. 7 percent to $11 per share, and (NYSE: PNC) up 3. (Dayton Business Journal, OH)

    New Derivatives Rules Lead Financial Reform  Oct 17, 2009
    In a 43-26 decision, the House of Representatives Financial Services Committee voted in favor of slapping new rules on the largely unpoliced $450-trillion OTC derivatives market, widely blamed for amplifying last year's financial crisis ... The OTC derivatives vote showed the Obama administration's financial reform drive gaining headway on Capitol Hill ... The G20 group of countries has agreed that OTC derivatives should trade on an exchange or platform, where appropriate, and clear centrally by... (Newsmax)

    Congress moves to regulate OTC derivatives trading  Oct 14, 2009
    "OTC derivatives are at the heart of the crisis," says Christopher Whalen, managing director of Institutional Risk Analytics ... But others called over-the-counter, or OTC, derivatives are negotiated privately between derivatives dealers and their customers ... Fueling the panic: the secrecy of the OTC derivatives market, which Congress voted to exempt from regulation in 2000. (USA Today -- Money)

    Stock questions? Ask Matt  Oct 12, 2009
    As for Washington Mutual, you can why I'm against stocks listed on the Pink Sheets or OTC bulletin board. Washington Mutual's stock collapsed as the bank strained under the weight of bad mortgage loans. (USA Today -- Money)

    Visa's New Goal  Oct 10, 2009
    Stocks Notch Solid Gains Commodities moved higher on a weaker dollar ... Guitar Hero 5 Lifts Activision After hours: ITC ruling pressures Tessera; FDA approves OTC emergency contraceptive. (Forbes -- Business)

    Health In Numbers  Oct 10, 2009
    eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)

    Stocks recover Monday on merger activity  Sep 30, 2009
    (OTC BB: LCNB.OB) up 2. 4 percent, or 25 cents, to $10. (Dayton Business Journal, OH)

    * Business Briefs  Sep 24, 2009
    Remittances to Taiwan from Taiwanese listed and over-the-counter (OTC) companies that have business operations in China have increased gradually over the last four years, the Financial Supervisory Commission (FSC) reported on Tuesday. As of the end of June, 928 Taiwanese listed and OTC companies had invested in China, representing 72 ... 5 percent of all listed and OTC companies in Taiwan, with their combined investments totaling NT$899. (Taipei Times, Taiwan -- Business)

    Taiex May Jump 34% in 2010 on Better China Ties, Taiwan's No. 1 Fund Says  Sep 23, 2009
    The Taiex may exceed 10,000 in 2010, said , who helps manage $3 billion at Capital Investment Trust Corp., including Capital OTC Fund. The gauge retreated 0. (Bloomberg -- Asia)

    Petoskey cardiologist is first to place newest heart valve in Paraguay patient  Sep 12, 2009
    It s how we got OTC drugs such as Tylenol, devices like pacemakers and probably those BreatheRight strips to stop snoring. The Food & Drug Administration works hand-in-hand with medical corporations to choose hospitals and doctors around the nation and the world to carry out trials on their latest breakthroughs. (Gaylord Herald Times, MI)

    Diamond Rose outsparkles bro' Joe Gutnick  Sep 4, 2009
    Feldman's new venture, like Gutnick's, is listed on the Over The Counter Bulletin Board, which is designed for ''penny stocks. Share prices sometimes bear little relation to true corporate worth because they are often very thinly traded. (Sydney Morning Herald -- Business)

    Wall Street Keeping $35 Billion Derivatives Revenue Focus of Stealth Lobby  Sep 1, 2009
    The Obama made public that day is an effort to gain oversight and control of the market for derivatives traded over the counter ... More than 90 percent of those derivatives were traded over the counter, the OCC data show. (Bloomberg)

    Womens Care Center Lists Needed Items  Aug 26, 2009
    Over the counter medications. Coffee, sugar, non-dairy creamer and tea. (The Fort Meade Leader, FL)

    Are You Ready to Make Real Money?  Aug 16, 2009
    It trades over the counter, the stock is illiquid, and the board has no independent directors. There's no way to be sure that the company cares a lick for outside shareholders. (MSNBC -- Business)

    Goldman, JPMorgan Face Carbon Market Curbs Under U.S. Senators' Proposals  Aug 13, 2009
    Cantwell, the Washington senator, would require all trading to be executed through exchanges rather than over the counter and would allow only polluters to trade emissions allowances. Over-the-counter trades accounted for 46 percent of the European Unions emissions trading market in the three months through June, according to data by , a London- based research group. (Bloomberg)

    Local stocks jump on strong economic news  Aug 13, 2009
    Dayton-area companies saw their stock prices rise, including Lebanon-based (OTC BB: LCNB.OB), which ended the day up nearly 20 percent, or $1. 94, to $11. (Dayton Business Journal, OH)

    Durham biotech records $33M loss  Aug 13, 2009
    Oxygen Biotherapeutics, which trades over the counter (OXBO.OB), is developing products that enhance the delivery of oxygen to damaged tissue. The 12-employee company does not yet have any products on the market and does not yet have revenue. (Raleigh Triangle Business Journal, NC)

    Association of Gaming Equipment Manufacturers (AGEM) Releases July Index, With Exclusive Analysis From Union Gaming Group  Aug 11, 2009
    A total of 12 suppliers are based in the United States and are listed on the NYSE, Nasdaq, or AMEX, while two trade on the Australian exchange, one supplier trades on the Milan exchange and another trades on the Taiwan OTC exchange. The index is computed based on the month-end stock price (adjusted for dividend splits) of each company and weighted based on approximation of market capitalization. (PR Newswire)

    Do Blue-Chip Penny Stocks Exist?  Aug 10, 2009
    There are some legitimate companies that trade over the counter (Nintendo comes to mind), but fishing the OTC waters is not the best way to find the future 10-baggers I've written about in the past. It's much more likely that these become troubled stocks to sell. (MSNBC -- Business)

    Ortiz says supplements may have landed him on list  Aug 9, 2009
    I definitely was a little bit careless back in those days when I was buying supplements and vitamins over the counter legal supplements, legal vitamins over the counter but I never buy steroids or use steroids, Ortiz said during a news conference that began about 3 1/2 hours before his Boston Red Sox played the New York Yankees. I never thought that buying supplements and vitamins, it was going to hurt anybody s feelings. (Hudson Register Star, NY)

    Brow Art 23 opens at mall  Aug 6, 2009
    Published: Wednesday, August 5, 2009 10:09 AM EDT Hair removal can be an excruciating experience whether it's waxing, plucking or using an over the counter product. There is an alternative, however: A less painful way to accomplish that smooth hairless look and it s called threading. (Lake Wales News, FL)

    Stocks Finish Mixed  Jul 11, 2009
    Treasury Secretary argued for improved transparency on OTC derivatives in testimony before the House Financial Services and Agriculture Committees, along with raising capital and margin requirements on customized derivatives and central clearing for standardized versions. He said he will work with the SEC and CFTC on the more difficult jurisdiction decisions and claims these new regulations will prevent regulatory arbitrage and provide a foundation for a more stable financial system. (BusinessWeek)

    Mayfield risk pays off  Jul 7, 2009
    I don t know if Mayfield used meth, the drug that triggered the positive test, or if the positive was really a combination of a prescription and over the counter drug. Only Mayfield himself knows for certain. (Brewton Standard, AL)

    Will Activision Kill Sony?  Jul 3, 2009
    Microsoft's (Nasdaq: MSFT) Xbox 360 and the Nintendo (OTC BB: NTDOY.PK) Wii keep running circles around the PS3, sales-wise. The unique hardware also makes it harder and more expensive for game designers to bring their wares to the PS3. (MSNBC -- Business)

    Article Released Regarding Impact of Iranian Elections on Oil Stocks CGCA, PNRC, BP, CVX, TOT, XOM, COP  Jun 23, 2009
    Investors of the following equities are encouraged to read this exclusive commentary: Cobra Oil & Gas Co. (OTC Bulletin Board: CGCA), Premier Energy Corp. (OTC Bulletin Board: PNRC), BP plc (NYSE: ), Chevron Corporation (NYSE: ), Exxon Mobil Corp. (NYSE: ), Total S.A. (NYSE: ) and ConocoPhillips (NYSE: ). From the report: "Iran is one of the world's largest oil producers, yet its production capacity is only at a third of its capability due to outdated equipment and technology. A change in regime... (PR Newswire)

    Dollar-rupee futures volume shoots up 50% since launch  Jun 19, 2009
    MUMBAI: In less than a year since inception in the second half of 2008, dollar-rupee futures volumes have grown to nearly 50% of merchant transactions on the over-the-counter (OTC) forwards market, a comparison of latest RBI weekly data on foreign exchange turnover with currency futures volumes shows ... The comparison excludes interbank swaps and forwards and cross-currency transactions that account for a bulk of the over $30-35 billion daily turnover on the OTC market ... Also, it must be... (India Times)

    Obama Health Care Plan Faces Doctors' Exam  Jun 16, 2009
    the only way is for every american to take responsibility for their personal health by proper diet, exercise, losing weight, reducing stress, avoiding risky behavior such as smoking and any substance abuse from alcohol to any illegal drug, prescription drug, over the counter drugs. it is very difficult to do by many, including obama who is reportedly a smoker. (CBS News -- Health)

    Singletary: Don’t gamble on GM stock  Jun 6, 2009
    But shares may still be traded on either the Over the Counter Bulletin Board, otherwise known as OTCBB, or the Pink Sheets, the electronic quotation system and leading provider of pricing and financial information for stocks sold over the counter. GM stock is listed on the Pink Sheets under the ticker symbol GMGMQ. The letter Q indicates a company is under bankruptcy protection. (Green Valley News & Sun, AZ)

    Market Forecaster  Jun 2, 2009
    Pending in Senate Agriculture Committee, S 272 would end OTC financial transactions by requiring all trading of them, including credit default swaps, to be on federally regulated exchanges. Its sponsor, Agriculture Committee Chairman Tom Harkin, says the bill would bring more openness to the transactions and result in better recordkeeping. (Midwest Bulls Eye, NE)

    Rwanda: KCB Has Set the Trend, Let Other Corporates Follow [editorial]  Jun 2, 2009
    Many of them have shied away from equity trading on the OTC citing various reasons. Equally, government has been slow in listing shares it owns in private companies as had earlier been promised. (allAfrica.com)

    United Financial Bancorp, Inc. Increases Offer to $10.25 Per Share to Acquire CNB Financial Corp. of Worcester, MA  May 27, 2009
    May 26 /PRNewswire-FirstCall/ -- United Financial Bancorp, Inc. (the "Company") (Nasdaq: ), the holding company for United Bank (the "Bank") announced today that it has submitted a revised proposal to the Board of Directors of CNB Financial Corp. ("CNB") (OTC Bulletin Board: CFNA) to acquire CNB and its subsidiary Commonwealth National Bank, headquartered in Worcester, MA for $10. 25 per share, an increase of. (PR Newswire)

    CCG Investor Relations' China Rising Investment Conference to Feature More Than 30 U.S.-Listed China-Based Growth Companies  May 17, 2009
    American Lorain (OTC Bulletin Board: ALRC) Asia Bio-Chem Group (TSXV: ABC) ATA, Inc. (NasdaqGM: ATAI) China Advanced Construction Materials Group (OTC Bulletin Board: CADC) China Bio Energy (OTC Bulletin Board: CBEH) China Biologic Products (OTC Bulletin Board: CBPO) China Biotics, Inc. (NasdaqGM: CHBT) China Digital TV Holding (NYSE: ) China Medicine Corp (OTC Bulletin Board: CHME) China New Energy Group (OTC Bulletin Board: CNER) China Nutrifruit Group Inc (OTC Bulletin Board: CNGL) China... (PR Newswire)

    Gold steadies, investors eye U.S. inflation data  May 15, 2009
    The sell-off appears to have been driven by investor selling we have also heard talk of bank and fund selling of OTC and futures positions in anticipation of GM's likely move into Chapter 11 some time in the next few weeks. General Motors Corp, facing possible bankruptcy, is set to restructure its bond debt and reach a new sweeping deal with its major union by June 1. (Globe and Mail -- Business)

    Dow Rebounds, But Nasdaq Slouches  May 14, 2009
    Gold miner Randgold Resources () notched a 52-week high, but trade was only moderately up ... If confirmed, the Nasdaq would notch a new distribution day ... After absorbing a 46% decline last year, the Fidelity OTC Portfolio he runs was up 20. (Investors Business Daily)

    What Would You Do With ... $25 Billion?  May 14, 2009
    After absorbing a 46% decline last year, the Fidelity OTC Portfolio he runs was up 20. 79% so far this year going into Tuesday. (Investors Business Daily)

    More tapping retail bond market  May 9, 2009
    This is largely because presently, trading of government and corporate bonds are done over the counter at inter-bank level with a minimum trade amount of RM5mil. As it would not be cost effective to issue retail bonds in the same way as larger denominated ones, a better alternative would be to allow commercial banks to distribute smaller denominated bond issues to retail investors. (The Star Online, Malaysia -- Business)

    * Local markets surge after FSC eases rules  May 1, 2009
    The rallies came after the FSC on Wednesday promulgated regulations allowing qualified domestic institutional investors (QDIIs) from China to apply to acquire stakes of up to 10 percent in Taiwanese listed companies or those whose shares trade over the counter. Winston Wang (a), an analyst at Marbo Securities Consultant Co (U_U), said the announcement injected a healthy dose of confidence into the local bourse, which had shed more than 260 points since the specter of a swine flu... (Taipei Times, Taiwan)

    Banks seek collaterals for derivative deals  Apr 20, 2009
    MUMBAI: The curious world of over-the-counter (OTC) derivatives is in the midst of a dramatic change in India. Banks are insisting on collaterals such as stocks, properties and even personal guarantees from corporates for derivatives deals struck with them. (India Times)

    Make These Stocks a Part of Your Portfolio  Apr 20, 2009
    2 times, respectively, and for the super-small companies trading over the counter, it's 4. 8 times. (MSNBC -- Business)

    Big Game Hunting at Netflix  Apr 15, 2009
    Sony (NYSE: SNE) and Nintendo (OTC BB: NTDOY.PK) will hopefully hear the cue. Sony is an attractive choice for film buffs, given the Blu-ray playback on its PS3. (MSNBC -- Business)

    Law enforcement takes on marijuana (628)  Apr 2, 2009
    HashPro wrote on Mar 31, 2009 10:34 AM:" Ha ha.. Come to Amsterdam chief and see for yourself what life could be like. In Holland the use of cannabis is much lower amoungst teens and adults then in America. You can buy cannabis and cannabis resin over the counter here. Take away the stigma and the demand goes down. Doh!!! ". A L T wrote on Mar 31, 2009 10:19 AM:" I am amazed at the "small town" politics here! Anywhere else, someone gets pulled over with paraphernalia or a joint, they get it... (Rexburg Standard Journal, ID)

    FiSpace.net Announces Commentary for Investors Dividend-Related Companies KBLB, CGFI, AMNE, UCBI, SYNJ, TIBB, EVGG  Mar 25, 2009
    The report is of interest to investors of dividend-related companies including Kraig Biocraft Laboratories, Inc. (OTC Bulletin Board: KBLB), a development stage biotechnology company focused on developing high performance polymers and technical fibers which has recently approved a stock dividend, Evergreen Bancorp, Inc.'s (OTC Bulletin Board: EVGG) -5% stock dividend and cash dividend of $0. 035; Colorado Goldfields Inc.'s (OTC Bulletin Board: CGFI) -30% stock dividend; and American Green Group,... (PR Newswire)

    Stocks soar on federal bank plan  Mar 24, 2009
    Thinly traded (OTC: PGNN) was unchanged at $3. 70 and (Nasdaq: FMFC) dropped 8. (Memphis Business Journal, TN)

    SGX Announces Intention to Migrate to NASDAQ OMX GENIUM Platform  Mar 23, 2009
    SGX facilitates the trading and clearing of commodity futures and over-the-counter (OTC) derivatives such as forward freight agreements and oil swaps. Through strategic alliances and partnerships with other exchanges around the world, SGX is firmly positioned as an Asian Gateway. (Primezone Releases)

    Now, exotic derivatives in the works  Mar 21, 2009
    The Derivatives Market Review Committee, appointed by market regulator SEBI, has proposed introduction of a series of sophisticated derivative products, the notable ones being over-the-counter (OTC) products, exchange-traded derivative products and exchange-traded third-party products. OTC products are derivatives contracts that are traded directly between two parties, without going through a stock exchange or any intermediary ... Incidentally, barring OTC, all the other proposed derivative... (India Times)

    Electroglas to Transition to Over-the-Counter Bulletin Board  Mar 21, 2009
    The OTCBB is a regulated quotation service that displays real-time quotes, last-sale prices, and volume information in over the counter equity securities. An over the counter equity security generally is any equity that is not listed or traded on a national securities exchange. (Primezone Releases)

    HYGN and Shareholders Prevail as Judge Imposes Injunction Against Fired CEO Marc Walther  Mar 21, 2009
    MIAMI, March 20, 2009 (GLOBE NEWSWIRE) -- Hydrogenetics, Inc., (Other OTC: - ) announced today that a Florida State Court Judge in Miami, Florida on March 9th granted an emergency injunction against fired CEO Marc Walther, enjoining him from acting on behalf of the company as an officer and director or making representations to this effect. In the order, the judge ruled that Walther likely would cause irreparable harm to the Company if the injunction was not entered. (Primezone Releases)

    Beacon Solutions Announces Master Services Agreement With Fortune 500 Pharmaceutical Company  Mar 20, 2009
    March 19, 2009 (GLOBE NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTC BB: - ), a high performance provider of advanced IT solutions with a commitment to optimizing client companies' operations and profitability, announced today the Company has executed a Master Services Agreement with a Fortune 500 global pharmaceutical company ... Beacon is publicly traded (OTC BB: - ). (Primezone Releases)

    Vaughan Foods, Inc. Announces Closing and Consummation of $3 Million Financing  Mar 19, 2009
    The Private Bank of the Peninsula (OTC BB: - ) is headquartered in Palo Alto, California. The Private Bank focuses on the banking needs of businesses, entrepreneurs and business leaders, non-profit organizations and individuals within the communities that it serves. (Primezone Releases)

    Nuvilex' Infinitink Tattoo Ink Featured on PBS alt.news 26:46 TV Program  Mar 19, 2009
    CHERRY HILL, N.J., March 18 /PRNewswire-FirstCall/ -- Nuvilex, Inc. (OTC Bulletin Board: - ), formerly eFoodSafety. com, Inc. (OTC Bulletin Board: - ), announced today that Infinitink(TM), , the world's first permanent tattoo ink designed to be safe and easier to remove, was the subject of an alt.news 26. (Yahoo! Wire -- Entertainment News)

    SpongeTech(R) Delivery Systems, Inc. New TV Commercials to Air Nationally this Week  Mar 19, 2009
    NEW YORK, March 18 /PRNewswire-FirstCall/ -- SpongeTech Delivery Systems, Inc. America's Cleaning Company(TM), (OTC Bulletin Board: ) announced that the Company will start airing a new TV commercial highlighting SpongeTech's "easy-to-use" Product Cleaning Systems for the Car, Child, Home, and Pet. The commercials will run nationally and be viewed by over 100,000,000 viewers on a variety of cable and satellite channels including A&E, ESPN, Lifetime Movie Network, Speed Channel and Soap Channel. (Yahoo! Wire -- Entertainment News)

    Grill Concepts Announces Results of Special Meeting of Stockholders; Company to Voluntarily Delist Common Stock From NASDAQ  Mar 18, 2009
    After its shares have been delisted from Nasdaq, the company anticipates that its shares will be quoted on the Pink Sheets Electronic OTC Markets quotation service. For more information about this service, please see. (Primezone Releases)

    CoroWare Announces Executive Management Promotions  Mar 18, 2009
    March 17, 2009 (GLOBE NEWSWIRE) -- CoroWare, Inc. (OTC BB: - ) announced today that Jon Mandrell has been promoted to Vice President and appointed a seat on the Board of Directors of CoroWare, Inc. The CoroWare Board of Directors also made official the Chief Executive Officer position of Lloyd Spencer who has served as interim CEO since January of 2008. ADVERTISEMENT. (Primezone Releases)

    ARTISTdirect Partners with Thumbplay for Mobile Content Downloads  Mar 18, 2009
    ARTISTdirect, Inc. (OTC Bulletin Board: - ) is a publicly-held holding company with two operating subsidiaries: ARTISTdirect Internet Group, Inc. operates one of the largest destination sites on the Internet for music and motion picture news, information and streaming music. ADIG also operates an ad network that is currently ranked 5 in comScore's ranking of music sites. (Yahoo! Wire -- Entertainment News)

    Westwood One, Inc. Reports Results For The Full Year And Fourth Quarter 2008  Mar 17, 2009
    NEW YORK, March 16 /PRNewswire-FirstCall/ -- Westwood One, Inc. (OTC Bulletin Board: - ) a provider of analog and digital media content, including news, sports, entertainment, traffic, weather, video news services and other information, to the radio, TV and on-line sectors, today reported operating results for the full year and fourth quarter ended December 31, 2008. "Westwood One achieved major milestones in its turnaround plan in 2008 and early this year," said Rod Sherwood, Westwood One's... (Yahoo! Wire -- Entertainment News)

    Daily fx futures limits set to double  Mar 17, 2009
    But they are still a tiny fraction of the activity in the OTC market, where banks trade with each other through the telephone. Also, dealers say inadequate volumes on the three currency futures platforms make any meaningful arbitrage difficult, especially since the minimum ticket size on the currency futures bourses of $1,000 is far too small. (India Times)

    Electronic Game Card Reports Full Year and Fourth Quarter 2008 Earnings  Mar 17, 2009
    NEW YORK and LONDON, March 16 /PRNewswire-FirstCall/ -- Electronic Game Card, Inc. (OTC Bulletin Board: - ; "EGC"), today reported financial results for its full year and fourth quarter ended December 31, 2008 ... Electronic Game Card Inc., (OTC Bulletin Board: - ), develops, produces and markets innovative games to the promotional industry worldwide, toys and games, casinos and lottery. (Yahoo! Wire -- Entertainment News)

    IDCG Secures Commerzbank to Arrange $100 Million Credit Line  Mar 16, 2009
    Michael Reuther, Member of the Board of Managing Directors of Commerzbank AG states, ``Commerzbank welcomes the opportunity to be part of IDCG's solution to provide clearing for OTC interest rate swap futures. There is a global movement toward clearing OTC products in an effort to provide financial safeguards against systemic risk and to provide transparency ... The OTC interest rate swap market is the largest derivative asset class in the world, with an estimated $460 trillion dollars in... (Primezone Releases)

    Dr Reddys surges 5%  Mar 14, 2009
    "We are very pleased with the favourable summary judgement ruling in the Omeprazole over the counter litigation. This is a key event supporting our strategy to deliver one upside opportunity every year," Dr Reddy's North America Generics Head Amit Patel said in a statement. The company has also filed for abbreviated new drug application with the US health regulator and is awaiting its approval, he said. (India Times)

    Modavox Internet Radio Division Launches All-New Media Rich Websites for VoiceAmerica(TM) and World Talk Radio(TM) Networks  Mar 14, 2009
    PHOENIX, March 13 /PRNewswire-FirstCall/ -- Modavox, Inc. (OTC Bulletin Board: - ) Pioneer in live internet talk radio since 1999 announces its newly enhanced broadcast platform through their new websites for both of their Live Internet Talk Radio networks, VoiceAmerica () and World Talk Radio () ... (OTC.BB MDVX), Modavox is the leading producer and distributor of online talk radio content, streaming approximately 250 hours of live programs and scheduled replays weekly on its Modavox... (Yahoo! Wire -- Entertainment News)

    Westwood One to Report Year-End 2008 Results in Teleconference Call on Monday, March 16, 2009  Mar 14, 2009
    NEW YORK, March 13 /PRNewswire-FirstCall/ -- Westwood One (OTC Bulletin Board: - ) announced today that the company will report its year-end earnings for 2008 on Monday, March 16, 2009 ... Westwood One (OTC Bulletin Board: - ) is the largest independent provider of network radio programming and the largest provider of traffic information in the U.S. Westwood One serves more than 5,000 radio and TV stations in the U.S. Westwood One provides over 150 news, sports, music, talk and entertainment... (Yahoo! Wire -- Entertainment News)

    Universal Detection Technology Received Purchase Order for Bioterrorism Detection Equipment and Training Kits From the Miami-Dade Police Department  Mar 13, 2009
    LOS ANGELES, March 13, 2009 (GLOBE NEWSWIRE) -- Universal Detection Technology () (OTC BB: - ), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that it has received a purchase order for its five-agent bioterrorism detection Equipment from the Miami-Dade Police Department. The Equipment is capable of spot detection of anthrax, ricin toxin,... (Primezone Releases)

    BarackStocks.com: A Time for Green  Mar 12, 2009
    For companies like Greenchek Technology (OTC BB: - ) -- which manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation and stationary power generation applications -- this news is critical, transforming their burgeoning business plan into one that may soon bask in the glow of an administration paving the road with incentives for their fuel-efficient offerings. Obama has already provided clean-energy tax breaks in the recently-passed stimulus... (Primezone Releases)

    On Your Mind  Mar 11, 2009
    A pharmacist I know who is in business for himself suggests it should be a taxed over the counter drug and those taxes would get rid of the trillion dollar debt we have accumulated in no time at all. If you scoff at this you are clueless as to how many people do smoke pot. (Sierra Vista Herald, AZ)

    Southern Energy Announces the Acquisition of the Lota Bay Coal Concession  Mar 11, 2009
    SANTIAGO, Chile, March 10, 2009 (GLOBE NEWSWIRE) -- Southern Energy Company, Inc. (Other OTC: - ), a publicly traded resource exploration company, is pleased to announce that it has entered into a definitive agreement to acquire the Lota Bay coal concession located in Lota, Chile. Under the terms of the agreement, the Company will pay to the seller, Ms. Maria Latapiat, a total of $8,000,000, consisting of 5,000,000 shares of restricted common stock at a deemed price of $1. (Primezone Releases)

    Talent Alliance Releases 2008 Direct Placement Salary Contribution Information  Mar 10, 2009
    AUSTIN, Texas, March 9, 2009 (GLOBE NEWSWIRE) -- Talent Alliance, Inc. (Other OTC: - ), announced today that its Direct Placement division, Soar Consulting, injected over $9,500,000 in new salaries into the economy in 2008. Soar Consulting is a leading provider of military transition recruiting, specializing in military transition jobs, matching transitioning junior military officers (JMOs) and enlisted leaders and technicians with some of America's most respected companies. (Primezone Releases)

    Read the 'JER' transcript  Mar 10, 2009
    A lot of those loan modifications that the OTC and OTS report count are payment increases. They define a loan mod as broadly, anything that changes contract terms. (Fox News)

    Caribbean Casino and Gaming Appoints CEO, Applies for New Trading Symbol  Mar 10, 2009
    March 9, 2009 (GLOBE NEWSWIRE) -- Caribbean Casino and Gaming Corporation, currently trading under the symbol (Other OTC: - ), announced the appointment of Steven Swank as CEO and Chairman and will appoint Armando Casciati as the other new director. The company also announced that it had filed for a new trading symbol with FINRA.. (Primezone Releases)

    Table Trac Inc. Partners With Las Vegas Cruise Lines  Mar 10, 2009
    MINNEAPOLIS, March 9 /PRNewswire-FirstCall/ -- Table Trac, Inc. (OTC Bulletin Board: - ), Table Trac Inc. has entered into an agreement with Las Vegas Cruise Lines, the owner of the gambling ship, Liquid Vegas, located at the Cape Canaveral Port Authority dock in Cape Canaveral, Florida. The agreement provides that Table Trac will provide their technology, systems and support that will enhance revenues and improve operations, and in return will share in the revenues for a five year time frame. (Yahoo! Wire -- Entertainment News)

    Keryx Biopharmaceuticals, Inc. Requests an Appeal Hearing After Receiving Notice of Delisting From Nasdaq  Mar 10, 2009
    If the Company is delisted from The Nasdaq Capital Market, its common stock may be traded over-the-counter on the OTC Bulletin Board or in the "pink sheets." These alternative markets, however, are generally considered to be less efficient than the Nasdaq Capital Market. Many over-the-counter stocks trade less frequently and in smaller volumes than securities traded on the Nasdaq markets, which would likely have a material adverse effect on the liquidity and value of the Company's common stock. (PR Newswire)

    Tip of the day  Mar 9, 2009
    If you put a set amount into the plan, you can pay expenses like co-pays, prescription costs, over the counter medications, and more, with pre-tax money. See our article on flexible health care spending plans to learn more. (The Palm Beach Post)

    Integrity Media: Men's Journal Finds God's Own Supercar  Mar 8, 2009
    And then there's what happened to Ronn Motor Company (Other OTC: - ), an eco-friendly, exotic car maker based in Texas, which received perhaps the highest praise imaginable from one of the leading men's lifestyle magazines in the country. ADVERTISEMENT. (Primezone Releases)

    PSB Group, Inc. Announces Fourth-Quarter Financial Results  Mar 7, 2009
    March 6, 2009 (GLOBE NEWSWIRE) -- PSB Group, Inc., (OTC BB: - ), the bank holding company for Peoples State Bank, a Michigan state-chartered bank with offices in Wayne, Oakland, Macomb and Genesee Counties, today reported a net operating loss, excluding non-recurring items, before taxes of $3. 1 million for the three months ended December 31, 2008 compared with a net operating loss before taxes of $2. (Primezone Releases)

    ImaRx Therapeutics Reports Fourth Quarter and Year Ended 2008 Financial Results  Mar 7, 2009
    March 6, 2009 (GLOBE NEWSWIRE) -- ImaRx Therapeutics, Inc. (OTC BB: - ), a biopharmaceutical company focused on the development of new treatments for vascular disorders leveraging its proprietary microsphere and ultrasound technology, today reported financial results for the quarter and year ended December 31, 2008. Corporate Updates. (Primezone Releases)

    The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against NutraCea  Mar 7, 2009
    NEW YORK, March 6, 2009 (GLOBE NEWSWIRE) -- The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the District of Arizona on behalf of all purchasers of NutraCea common stock (OTC BB: - ) during the period from August 14, 2007 through and including February 23, 2009 (the ``Class Period'') for violations of the federal securities laws. ADVERTISEMENT. (Primezone Releases)

    Citadel Broadcasting Corporation Common Stock to Move to OTC Market  Mar 6, 2009
    LAS VEGAS--(BUSINESS WIRE)--Citadel Broadcasting Corporation announced today that it expects its common stock to trade in the OTC Market beginning Friday, March 6, 2009 under the symbol CTDB.. Citadel Broadcasting Corporation is the third largest radio group in the United States, with a national footprint reaching more than 50 markets. (Yahoo! Wire -- Entertainment News)

    Archives: OTC

    Back to Economics News

[ Terms Of Use | Privacy | About ]
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.



Copyright SurfWax, Inc. 2009