Hiero Jeans

CALGARY – Automotive fuel cell maker Dynetek Industries Ltd. (TSX:DNK) said Friday it is considering strategic alternatives, including putting itself up for sale, as it also reported its first-quarter net loss narrowed slightly.

The Calgary-based fuel storage technology company said its management is in discussion with certain parties about strategic alternatives, including a potential sale on a share swap basis.

It added that there is no binding agreement in place and no assurance there will be a deal.

Meanwhile, the company also said its first-quarter loss was $873,000, down from $878,000 during the same quarter of 2011.

Revenue was $6.2 million, up from...

This year, the University of Southern Indianas Commencement will be held on campus for the first time since 1991. Five ceremonies will be held over two days, April 27-28, in the Physical Activities Center (PAC), with a reception in University Center East following each ceremony.

Since we have held the fall Commencement on campus, graduates and their families have responded enthusiastically to being at USI for degree conferral, said President Linda L. M. Bennett. With spring Commencement now on campus, more families will experience a memorable connection to the University at the time of great achievement for our graduates.

More than 1,400 students are eligible to participate...

The deal for Chinese activist Chen Guangcheng to leave China for legal study in the United States is not without pitfalls, but other outcomes could be worse. Even if Chinese authorities honor the promises apparently made to US officials to let him travel, they have conceded little on human rights. One thing is clear: Whether Chen stays or goes, his story is emblematic of the failure of legal reform in China today.

Chens hope is to study law and live in peace with his children and wife, Yuan Weijing, an English teacher and activist who helps her husband, who is blind, with reading and writing. They have no choice but to accompany him, given that China commonly retaliates...

NEW YORK, May 11, 2012 (GlobeNewswire via COMTEX) –
Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf of investors who purchased JPMorgan Chase & Co. (“JPMorgan” or the “Company”) securities. Such investors are advised to contact Rachelle R. Boyle at rrboyle@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether the Company misrepresented the nature of and risks associated with a massive credit derivative position implemented...

After Wednesdays Carfax study showed more than 2.7 million used cars were listed for sale online with unrepaired recalls, pressure is mounting on rental car companies to repair cars under recall before renting or selling them. US Sen. Barbara Boxer sent a letter to several major renters Enterprise, which includes Alamo and National, as well as Avis and Dollar/Thrifty urging them to heed all recalls before renting or selling a car, The Detroit News reports. Hertz has already agreed to do so. Boxer noted that after 30 days, shell publicize which rental companies havent made the pledge. The Detroit News noted that rental companies usually have better repair rates than general consumers, but its still...

Porsches strategic shift anticipates paying back debt

-Porsche to adjust corporate statutes to keep its options open

-Sale of remaining stake in sportscar unit worth roughly EUR4 billion

FRANKFURT -(Dow Jones)- Porsche Automobil Holding SE (PAH3.XE) wants to plow the proceeds from the planned sale of its sports-car division to Volkswagen AG (VOW.XE) into investment in other automotive assets after it has paid back its remaining bank debt.

The proceeds should mainly be used for further investments focusing on the automotive value chain, Porsche said Thursday in the agenda for its shareholder meeting published on the corporate website.

Porsche said it will...

BALA CYNWYD, Pa., May 11, 2012 (BUSINESS WIRE) –
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Cost Plus, Inc.
(“Cost Plus” or the “Company”)

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GIA announces the release of a comprehensive global report on Automotive Component Outsourcing markets. The global market for Automotive Component Outsourcing is projected to reach US$1.0 trillion by the year 2017. Growth will be primarily driven by healthy increases in the production of passenger cars and commercial vehicles and increased transfer of component design, development and manufacturing responsibility from OEMs to suppliers. Margin pressures faced by OEMs in developed markets bode well for outsourcing opportunities in low cost developing countries in Asia-Pacific.

San Jose, California (PRWEB) May 10, 2012

Follow us on LinkedIn – Globalization has played a critical...

Several Sherborn families took a pledge to be unplugged during last weeks school vacation.

As part of the ninth annual event, the library urged families to unplug their computers, televisions, handheld devices, etc., and spend more time on family activities.

Participating families pledged to turn off their electronics for at least one day. For each day they were unplugged, they earn one free book from the librarys used book sale.

We had a lot of people doing it, said Childrens Librarian Cheryl Stearn Oullette.

The library created 45 themed activity bags on numerous topics, including archeology, architecture, ballet, boats, dinosaurs, equestrian, games,...

TULSA, Okla., May 9, 2012 /PRNewswire via COMTEX/ –
Dollar Thrifty Automotive Group, Inc.

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+0.96%

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