DrStockPick.com Stock Report!
Monday July 27, 2009
The Timken Company (NYSE:TKR) today announced it is in advanced discussions regarding the potential sale of its Needle Roller Bearings Business. However, the company has not yet reached a definitive agreement regarding the sale. There can be no assurance that a definitive agreement will be reached, nor that a sale, which would be subject to certain closing conditions, will be completed.
The NASDAQ Stock Market(r) (Nasdaq:NDAQ) announced today that the trading halt status in Security Bank Corporation (Nasdaq:SBKC) was changed to “additional information requested” from the company. Trading in the company’s stock had been halted on Friday, July 24, 2009 at 10:17:06 a.m. Eastern Time for “news pending” at a last sale price of $0.24. Trading will remain halted until Security Bank Corporation has fully satisfied NASDAQ’s request for additional information.
Odyssey Re Holdings Corp. (NYSE: ORH) announced today that Lambert Morvan has been appointed Senior Vice President and Chief Agent, with responsibility for the management of OdysseyRe’s Canadian operations within the Americas Division. Mr. Morvan will be based in Toronto.
Sharps Compliance Corp. (Nasdaq:SMED) (”Sharps” or the “Company”), a leading provider of cost-effective disposal solutions for medical and pharmaceutical waste generated outside the hospital setting, today announced that it will release its fourth quarter and fiscal year ending June 30, 2009 results on Monday, August 10, 2009.
Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today that its board of directors declared a dividend of $0.01 per share on Gulf Island Fabrication, Inc.’s approximately 14.3 million shares of common stock outstanding.
SpongeTech(R) Delivery Systems, Inc., “The Smarter Sponge(TM)”, (OTCBB: SPNG) is pleased to announce that the Company is taking action to amend its Articles of Incorporation to reduce the number of common shares that the Company has authorized to 900,000,000 (nine hundred million) shares. In addition, the Company has also begun the process to lower its outstanding shares to approximately 500,000,000 (five hundred million) shares.
Source: E-Gate System from Alphatrade.com
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