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Current Feed Content from 2 Jul 08 22:56

• IIROC: Resumption; Keystone North America Inc.

  Wed, 02 Jul 2008 06:43:00 CDT
  TORONTO, ONTARIO--(eMediaWorld - July 2, 2008) - The following issue(s) will resume trading today: /T/ Company: Keystone North America Inc. TSX Symbol KNA.UN Resumption Time (ET): Opening Wednesday, July 2nd, 2008 /T/

• Middlesex Water Company Added to Russell 3000 Index

  Tue, 01 Jul 2008 15:36:00 CDT
  ISELIN, NJ--(eMediaWorld - July 1, 2008) - Middlesex Water Company (NASDAQ: MSEX) today announced it has been added to the broad-market Russell 3000® Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008. The Russell 3000 Index measures the performance of the largest 3, 000 U.S. Companies representing approximately 98% of the investable U.S. equity market. Russell indexes are widely used by investment managers and institutional investors for both index funds and as benchmarks for passive and active investment strategies.

• Teche Holding Company Announces One-Time Charges From Loss on Sale of Investment and Transfer & Withdrawal From Defined Benefit Plans

  Tue, 01 Jul 2008 15:15:00 CDT
  NEW IBERIA, LA--(eMediaWorld - July 1, 2008) - Teche Holding Company (AMEX: TSH), the holding company for Teche Federal Bank, today announced that it has withdrawn its investment in the AMF Ultra Short Mortgage Fund (ticker: ASARX) because of the continuing decrease in the net asset value ("NAV") of that fund. The Company has redeemed its shares and will receive proceeds in the form of cash and securities. The share redemption will result in a pretax charge of approximately $2 million and will be recognized during the quarter ended June 30, 2008. The Company expects that the non-cash charge will be treated as a discount on the securities obtained and will be accretive to income over the period to maturity as principal payments are received on the securities withdrawn from the fund. As a result of the withdrawal of securities from the fund, the Company expects to receive principal payments and prepayments made each mont

• Keiretsu Forum Denver Announces First-Year Anniversary

  Tue, 01 Jul 2008 15:06:00 CDT
  Angel Group Supports the Investor and Entrepreneurial Community

• Mindpix Issues Spam Alert and Corporate Statement Against Such Practices

  Tue, 01 Jul 2008 15:04:00 CDT
  OREM, UT--(eMediaWorld - July 1, 2008) - Mindpix Corporation (PINKSHEETS: MPIX) (http://www.mindpix.com) Mindpix Corporation announces the issuance of statement regarding recent spam attacks. Management has met with legal counsel and issues the following statement: We can only surmise that certain persons seek improper opportunity with regards to our company. This person or persons are attempting to draw attention to our company, is doing it for reasons that appear obvious. We find their actions ethically and morally reprehensible. We deeply appreciate your valuable time, interest and help in tracking down the sources of your and our concern.

• Essex Announces Release and Conference Call Dates for Its 2008 Second Quarter Earnings Results

  Mon, 30 Jun 2008 17:22:00 CDT
  PALO ALTO, CA--(eMediaWorld - June 30, 2008) - Essex Property Trust, Inc. (NYSE: ESS) announced today that it plans to release its second quarter 2008 earnings results after the close of the stock market on Wednesday, July 30, 2008. A conference call with senior management is scheduled for the following day on Thursday, July 31, 2008 at 9:00 a.m. Pacific Daylight Time or 12:00 p.m. Eastern Daylight Time. The second quarter conference call is open to everyone, and can be accessed by:

• NDC Capital Partners Announces a Real Estate Co-Investment With Post Investment Group

  Mon, 30 Jun 2008 08:57:00 CDT
  NEW YORK, NY--(eMediaWorld - June 30, 2008) - NDC Capital Partners LLC ("NDC") today announced a co-investment with Post Investment Group for the acquisition of 286 Class B Apartment units. Whispering Winds is located in the city of Pearland, TX, which is located south of downtown Houston and is one of the fastest growing cities in Texas. The property has frontage to a main thoroughfare of Pearland, East Broadway, which has significant daily drive-by traffic thereby supporting the leasing of the units. The property is located around the corner from the newly constructed Pearland Parkway, which provides convenient access to the Sam Houston Tollroad. Major employers, such as the Texas Medical Center and NASA's Johnson Space Center, draw vast numbers of skilled workers to the region. The city of Pearland provides these workers with an attractive, family-oriented community to educate and raise their children, while maintaining a high-quality of life.

• Mortgagebot Incorporates Experian's Authentication Services to Help Lenders Combat Mortgage Fraud, Identity Theft To Help Lenders Detect and Prevent Mortgage Fraud, Mortgagebot Offers Experian's Robust "Knowledge-Based Authentication" Capabilities

  Mon, 30 Jun 2008 08:12:00 CDT
  To Help Lenders Detect and Prevent Mortgage Fraud, Mortgagebot Offers Experian's Robust "Knowledge-Based Authentication" Capabilities

• Paivis to Immediately Implement Plan to Push Trustcash to Close Merger Before Mid August

  Mon, 30 Jun 2008 07:55:00 CDT
  ATLANTA, GA--(eMediaWorld - June 30, 2008) - PAIVIS CORP. ("Paivis" or the "Company") (PINKSHEETS: PAVC) today announced to its shareholders it will immediately implement a plan to push Trustcash Holdings, Inc. ("Trustcash") to close the merger before the mid August quarterly report due date. The Company feels its stock is very undervalued currently and will do everything possible for increased shareholder value. With that in mind, Paivis believes it brings most of the value to the planned business combination and therefore for the benefit of its shareholders it will take the necessary action to push Trustcash to complete this transaction without further delay.

• London Calling: 39 of 50 Single-Manager Hedge Fund Firms in Alpha Magazine's Ranking of the Biggest Firms in Europe Call the U.K. Home

  Thu, 26 Jun 2008 16:06:00 CDT
  European Hedge Funds Rise in Global Standing

• Avenir Diversified Income Trust Restatement of First Quarter 2008

  Thu, 26 Jun 2008 16:00:00 CDT
  CALGARY, ALBERTA--(eMediaWorld - June 26, 2008) - Avenir Diversified Income Trust ("Avenir Trust" or "Trust") (TSX:AVF.UN) advises that it is restating its March 31, 2008 first quarter financial statements. As a result of the annual audit in its Elbow River Marketing Group it was determined that the accrual for the employee incentive costs pertaining to the record first quarter 2008 results were understated and an adjustment for a misclassification and change in the valuation of its inventory was required. The impact of the restatement is to reduce funds from operations for the three months ended March 31, 2008, from $21.7 million or $0.52 per unit to $20.3 million or $0.49 per unit. Net income is reduced from $7.8 million or $0.19 per unit to $5.2 million or $0.12 per unit. The Trust's payout ratio increases to 51% of funds from operations for the quarter from 48% previously reported.

• Le rapport du Groupe d'étude sur les politiques en matière de concurrence: un plan réaliste et viable pour le Canada

  Thu, 26 Jun 2008 15:04:00 CDT
  TORONTO, ONTARIO--(eMediaWorld - 26 juin 2008) - L'Association des banquiers canadiens (ABC) a fait bon accueil aujourd'hui au rapport final du Groupe d'étude sur les politiques en matière de concurrence, intitulé Foncer pour gagner. Nancy Hughes Anthony, présidente et chef de la direction de l'ABC, l'a caractérisé de " plan réaliste et viable pour améliorer l'avantage concurrentiel du Canada ". " En nommant ce groupe, le gouvernement fédéral a accompli un énorme progrès en reconnaissant l'importance de la compétitivité pour l'économie canadienne. Nous espérons maintenant qu'il passera à la prochaine étape et utilisera ce rapport en tant que guide pour élaborer sa politique future, a déclaré Mme Hughes Anthony. Les exportations représentant plus du tiers de notre PIB, il faut s'assurer que les entreprises canadiennes peuvent croître à l'échelle internationale et que nous sommes en mesure d'attirer des emplois et des investissements au Canada. "

• First Marblehead Provides Update on Status of Equity Investment by Affiliates of GS Capital Partners

  Thu, 26 Jun 2008 15:02:00 CDT
  BOSTON, MA--(eMediaWorld - June 26, 2008) - On December 21, 2007, The First Marblehead Corporation (NYSE: FMD) announced an investment agreement with affiliates of GS Capital Partners ("GSCP") under which they invested $59.8 million to acquire shares of the Company's convertible preferred stock, all of which were converted into 5.3 million shares of First Marblehead common stock. The Company and GSCP anticipated a second step of the investment would be completed by the end of the Company's fiscal year, subject to receipt of applicable regulatory approvals and determinations and satisfaction of other conditions.

• Market Regulation Services Inc.: Resume, Asia Bio-Chem Group Corp. and Franchise Services of North America Inc.

  Wed, 25 Jun 2008 15:25:00 CDT
  VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - June 25, 2008) - The following issue(s) will resume trading on the TSXV today: /T/ Company: ASIA BIO-CHEM GROUP CORP. (formerly Parran Capital Inc.) TSXV Symbol: ABC (formerly PRN.P) Resumption Time: June 26, 2008 9:30AM EDT Company: FRANCHISE SERVICES OF NORTH AMERICA INC. TSXV Symbol: FSN Resumption Time: June 26, 2008 9:30AM EDT /T/

• Market Regulation Services Inc.: Halt, Armtec Infrastructure Income Fund

  Wed, 25 Jun 2008 15:22:00 CDT
  VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - June 25, 2008) - The following issue(s) have been halted today: /T/ Company: Armtec Infrastructure Income Fund TSX Symbol: ARF.UN Reason: Pending News Halt Time (ET): 4:12 pm /T/

• KAM Capital Corp. Enters Into Amalgamation Agreement

  Wed, 25 Jun 2008 15:11:00 CDT
  TORONTO, ONTARIO--(eMediaWorld - June 25, 2008) - KAM Capital Corp. (the "Corporation") (TSX VENTURE:KMC.P), a capital pool company, is pleased to announce, that further to the press release dated May 6, 2008, the Corporation and its special purpose, wholly-owned subsidiary, 2174656 Ontario Limited ("KAM Subsidiary"), have signed a formal amalgamation agreement (the "Amalgamation Agreement") with Synergist Medical Inc. ("Synergist"). Pursuant to the Amalgamation Agreement, Synergist and KAM Subsidiary will amalgamate under the Business Corporation Act (Ontario). Rather than receiving securities of the amalgamated corporation, the shareholders of Synergist will each receive 1.6129 common shares of the Corporation for each issued and outstanding share of Synergist and the holders of warrants of Synergist will received 1.6129 warrants of the Corporation for each outstanding warrant of Synergist, which shall have the same terms and conditions provided by the Synergist warrants, subject to a

• RioCan Real Estate Investment Trust to Sell Interests in Two Developments to CPP Investment Board

  Wed, 25 Jun 2008 14:00:00 CDT
  Total aggregate development costs of the two projects expected to be approximately $440 million

• Energy Savings Announces 29th Distribution Rate Increase $0.03 Increase to $1.24 per Annum Effective July Distribution

  Wed, 25 Jun 2008 13:53:00 CDT
  TORONTO, ONTARIO--(eMediaWorld - June 25, 2008) - Energy Savings Income Fund (TSX:SIF.UN) announced that the Fund's Board of Directors approved, effective the distribution paid July 31, 2008, an increase in the annual distribution rate on the Funds units to $1.24 per unit or $0.1033/unit per month. This is the 29th such increase since the Fund's IPO in April 2001. Ms. Rebecca MacDonald, Executive Chair of Energy Savings, noted: "We have completed another strong year at Energy Savings. Our published guidance calls for 15% growth in customer electricity consumption and a 5% growth in natural gas consumption in fiscal 2009. Combined with our strong performance in fiscal 2008, we are comfortable that this increase is prudent in light of our tough standards and our planning for the imposition of a trust tax in 2011."

• Market Regulation Services Inc.: Halt, Prize Mining Corp., Teras Res Inc., Boxxer Gold Corp.

  Tue, 24 Jun 2008 06:18:00 CDT
  VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - June 24, 2008) - The following issue(s) have been halted on the TSXV today: /T/ Company: Prize Mining Corp. TSXV Symbol: PRZ Reason: Company request pending news Halt Time: 9:00 edt Company: Teras Res Inc. TSXV Symbol: TRA Reason: Company request pending news Halt Time: 9:00 edt Company: Boxxer Gold Corp. TSXV Symbol: BXX Reason: Company request pending news Halt Time: 9:00 edt /T/

• Market Regulation Services Inc.: Resume, Firestone Ventures Inc.

  Tue, 24 Jun 2008 06:14:00 CDT
  VANCOUVER, BRITISH COLUMBIA--(eMediaWorld - June 24, 2008) - The following issue(s) will resume trading on the TSXV today: /T/ Company: Firestone Ventures Inc. TSXV Symbol: FV Resumption Time: 9:30 e.t. /T/

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