Kiwifruit Make a Delicious Addition to Summer Meals Aug 20, 2014 12:36PM

This vibrant, versatile fruit adds flair to a range of recipes

MINNEAPOLIS--(BUSINESS WIRE)-- It’s time to rethink kiwifruit. While kiwifruit make a flavorful, healthful snack, they also add a fresh, fruity flair to salads, desserts, baked goods, sandwiches and even cocktails.

Bacon Lettuce and Kiwifruit Sandwich (BLK). (Photo: Business Wire)

New Zealand Zespri® Kiwifruit is abundant in markets now through October. Enjoy the nutritional benefits of kiwifruit with these tasty new recipes that show off the fruit’s versatility and sweet-tangy flavor.

  • Kiwifruit and Prosciutto Crostini
  • Baked Brie with Spicy Kiwifruit Compote
  • Shades of Green Super Foods Salad
  • Black Rice Salad with Kiwifruit and Cashews
  • Korean Lettuce Cups with SunGold Kiwifruit Cucumber Salsa
  • Bacon Lettuce and Kiwifruit Sandwiches (BLKs)
  • SunGold Kiwifruit Pavlova Parfaits
  • SunGold Kiwifruit Raspberry Cobbler
  • Kiwifruit White Chocolate Scones

Because of their flavor and juiciness, kiwifruit also make a sweet base for these cocktail recipes:

  • Kiwifruit Mojito
  • SunGold Kiwitini
  • Southern Cross SunGold Kiwifruit Cocktail

“Kiwifruit have a wonderfully balanced flavor — a little sweet, a little tart — that plays very well in everything from entrees to desserts,” said Michele Hoard, senior marketing manager for Zespri® Kiwifruit North America. “A current culinary trend is playing around with sweet notes in savory dishes and vice versa, and kiwifruit are the perfect ingredient to experiment with.”

The newest member of the Zespri® family, SunGold, has golden yellow flesh and a sweet, refreshing tropical flavor, with just a slight tangy note. SunGold are bigger and have smoother skin than their more familiar green kiwifruit cousins, but they are grown with the same care and commitment to quality.

That tropical sweetness comes through in baked desserts and drinks. In the SunGold Kiwifruit Raspberry Cobbler, the fruit gets even sweeter when baked and served warm, pairing well with earthy raspberries and a rich buttermilk crust. And made with a whole SunGold Kiwifruit, a kiwitini is a refreshing drink on a hot day, with a dash of sour mix enhancing the fruit’s natural tang.

Both green kiwifruit and SunGold are a surprising addition to a classic sandwich. Layers of sweet kiwifruit and smoky bacon may just make the BLK (that’s bacon, lettuce and kiwifruit) the new summer staple. A smear of herby cheese spread brings out the kiwifruit’s savory side. And Zespri® Green Kiwifruit are an absolute must in a Shades of Green Super Foods Salad — they’re the tangy connection bringing together fresh cucumbers, hearty greens, meaty edamame and rich pistachios, all in a honey-lime dressing.

Along with being a delicious addition to recipes, kiwifruit alone are nutritional powerhouses. Two medium-sized kiwifruit have fewer than 100 calories, more vitamin C than an orange and as much potassium as a banana. Kiwifruit are low in fat, saturated fat and sodium, and they are free of cholesterol. They are also high in fiber and a great source of micronutrients including folate, vitamin E and antioxidants, which promote health and vitality. One large kiwifruit has a moderate to low glycemic index of 39. This means it does not rapidly raise blood glucose levels.

These recipes and many more can be found at ZespriKiwi.com. New Zealand-grown Zespri® Kiwifruit are available in the United States and Canada for a limited time, from June through October.

Zespri® International (www.ZespriKiwi.com) exports the world’s premium kiwifruit and is recognized as one of the world’s most successful horticulture marketing companies. Zespri® is owned by the 2,400-plus kiwifruit growers of New Zealand, who collectively produce more than 86 million trays of fruit each year.

For Zespri International

Luisa Tejada, 612-305-6281

luisa.tejada@exponentpr.com

Source: Zespri International


Physicians Embracing, Exploring New Practice Models Aug 20, 2014 12:35PM

NORWALK, Conn., Aug. 20, 2014 /PRNewswire/ -- While physicians remain happy about their choice of a medical career, that doesn't mean they are content to be controlled by government mandates and declining reimbursements.

In its annual Great American Physician Survey, sponsored by Kareo, Physicians Practice polled physicians nationwide on their medical careers, their personal lives, and the politics affecting both work and home. In this year's survey, 1,311 physicians responded that they remain happy being a physician — 26 percent rated their happiness as an "8" on a scale of 1 to 10 — but also indicated a growing dissatisfaction with fee-for-service medicine.

Of the 1,311 respondents, 35 percent indicated they either work at or would consider switching to a "concierge" practice, and charging patients a membership fee for services. Fifty-three percent of physicians indicated they would consider or are already working in a direct-pay practice that does not accept insurance at all. Both questions indicate a growing interest by physicians to escape from federal mandates, payer interference, and other issues which could impede treating patients. When asked about their biggest frustration with being a physician today, 39 percent indicated "too much third-party interference."

The 2014 survey also examines aspects of defensive medicine and personal health; inquiring whether or not physicians order additional (and perhaps unnecessary tests) to avoid malpractice suits, and asking how they rate their own fitness, as examples for their patients. PhysiciansPractice.com, the leading online community for physicians and practice management professionals, also offers in-depth reporting on some of the other survey questions, including:

"In our past surveys, a larger majority of physicians always showed a hit of skepticism toward concierge and direct-pay practices as unethical or not something they would pursue," said Keith L. Martin, group editorial director for Physicians Practice. "But now, with growing stressors from flat payer reimbursements to healthcare reform mandates, physicians are feeling pressed to maintain quality patient care and keep their practice running. The bottom line, as our survey indicates, is that these professionals love medicine and they love helping others — it's just the path to get there is rockier than in the past."

About UBM Medica USAddressing today's healthcare information needs, UBM Medica US, delivers strategic, integrated communications solutions and comprehensive reach -- online, in print, via custom programs and live events. Improving the effectiveness of healthcare through information and education, UBM Medica US provides unbiased clinical, practical, and business information for physicians, providers and payers resulting in improved quality of care for patients around the world. Through journals, magazines, online communities, live and digital events, and other valuable resources, UBM Medica US also delivers comprehensive communication solutions for the pharmaceutical and related industries. Online communities include CancerNetwork.com, ConsultantLive.com, DiagnosticImaging.com, RheumatologyNetwork.com, OBGYN.net, PhysiciansPractice.com, PsychiatricTimes.com and SearchMedica.com. UBM Medica US is part of UBM Connect which, through a range of aligned interactive environments, both physical and digital – increases business effectiveness for both customers and audiences through meaningful experiences, knowledge and connections.  Headquartered in New York, UBM Connect brings together UBM's healthcare business, UBM Medica US; UBM Canon's advanced design and manufacturing event, online and print brands; UBM Connect New York's catering, cruise shipping, contact-center management, and fine, specialty and custom chemical communities; and UBM Mexico's concrete, construction and hospitality services shows.  For more information, visit www.UBMMedicaUS.com.

About UBM plcUBM plc is a global events-led marketing services and communications company.  We help businesses do business, bringing the world's buyers and sellers together at events and online, as well as producing and distributing news and specialist content.  Our 5,500 staff in more than 30 countries are organized into expert teams which serve commercial and professional communities, helping them to do business and their markets to work effectively and efficiently.

For more information, go to www.ubm.com; follow us on Twitter at @UBM_plc to get the latest UBM corporate news.

Media contact:Jason J. GoldenContent Marketing Manager203-523-7040jason.golden@ubm.com

 

SOURCE UBM Medica US


Ideal Credit Union Week-Long Community Appreciation Event Attracts Large Crowd Aug 20, 2014 12:35PM

Woodbury MN (PRWEB) August 20, 2014

Ideal Credit Union wanted to celebrate its 88th anniversary and successful name change in a big way. So they invited member and the community to a week-long event, five branches in five days, to enjoy a hot dog, receive a free gift and a sample $1.00 bill from the vault, which would be the ticket to winning $1,000 in one of the credit union's daily drawings.

And the community responded! Hundreds turned out each day to take part in the celebration. Over 3,700 hot dogs were consumed over the course of the week, and five lucky attendees each took home $1,000 for having the winning serial number on their $1.00. One of those $1,000 winners was Steve Sporcic, a 28-year member of Ideal Credit Union. Steve and his wife were on an errand near the Eagan branch and stopped by to grab a hot dog and enter the drawing.

In North St. Paul, Diane Kindred, a member for 20 years, thought the line for the $1.00 was a bit too long and didn't want to wait. An Ideal CU employee encouraged her to enter anyway, and she ended up $1,000 richer.

Woodbury's winner, Rachael Johannsen, just happened to stop by the branch and noticed all the activity taking place. She wasn't a member, but after her name was drawn, she opened her account and is now a proud member of Ideal CU.

As an active community partner, Ideal CU encouraged attendees to bring a nonperishable food item to donate to local food shelves. Coats for the annual Salvation Army Coats for Kids drive were also collected. Once again the community responded by bringing donations that filled the table at each day at each event. Many also donated their free $1.00 bill samples to the cause.

The Ideal Credit Union Community Foundation donated $2,500 total and presented $500 checks to local food shelf representatives at each of the credit union's five branches during the celebration to help feed our hungry neighbors. The recipients were The Open Door in Eagan, the Hugo Good Neighbors Food Shelf in Hugo, the North St. Paul Emergency Food Shelf in North St. Paul, Neighbors, Inc., in West St. Paul and the Christian Cupboard in Woodbury.

"We are grateful for the incredible support we have received throughout our 88 year history," said Ideal CU President Brian Sherrick. "It was rewarding and humbling to see the large turnout at our Community Appreciation Event as we marked this milestone and the completion of our name change. I thank everyone for attending and making the week such a success."

Formerly Postal Credit Union (PCU), the change to Ideal Credit Union took effect June 4, 2014. The change to Ideal was a thoughtful and strategic move by management and the credit union's board of directors. Extensive research showed the credit union needed a name that would better align it with its broad and diverse community-based membership, and provide a foundation for growth in the years ahead. There is no merger, no new ownership and no new management.

Founded in 1926 as St. Paul Postal Employees Credit Union, Ideal Credit Union is a member owned financial institution that specializes in providing excellent member service, great rates and convenience. Ideal CU offers a complete range of services, including 24/7 loan approval, mortgages, online banking, online deposits, mobile banking and bill pay, free checking, business services, investment services and more. Ideal CU serves the Twin Cities metro area with office locations in Eagan, Hugo, North St. Paul, West St. Paul and Woodbury. For more information, call 651-770-7000, 800-247-0857 or visit http://www.idealcu.com.

Read the full story at http://www.prweb.com/releases/2014/08/prweb12105754.htm


Electronic Cigarettes International Group Announces 1st Half Results up 875% Aug 20, 2014 12:35PM

SPRING LAKE, Mich.--(BUSINESS WIRE)-- Electronic Cigarettes International Group Ltd. (OTCQB: ECIG), a global marketer and distributor of electronic cigarette and vapor products whose brands include FIN, Vapestick, Victory, VIP, and others today announced financial operating results for the second quarter and six months ended June 30, 2014.

  • Net sales increased to $15.4 million for the six months ended June 30, 2014, an increase of 875% versus prior year
  • Continuing to accelerate global expansion with the announcement of strategic equity investment by an affiliate of the Mansour Group, one of the largest distributors of tobacco products throughout the Middle East & Africa
  • Launching FIN Advanced Vaping System throughout the U.S. with pre-orders from key strategic retailers to capitalize on the change in consumer and retailer preferences for vaporizer products

Results of Operations for the Three and Six Months Ended June 30, 2014

Revenues

Revenue for the three months ended June 30, 2014 and 2013 were $11,287,723 and $711,845, respectively, an increase of $10,575,878 or approximately 1,485%. The increase in revenue is primarily attributable to the revenue of Vapestick, FIN, and VIP. In addition, the Company began to increase marketing initiatives and investment in U.S. chains as well as through our international online and retail channels. Revenue for the six months ended June 30, 2014 and 2013 was $15,426,263 and $1,581,356, respectively, an increase of $13,844,907 or approximately 875%. The increase in revenue is primarily attributable to the revenue of Vapestick, FIN, and VIP. During the three months ended June 30, 2014, the Company began implementing numerous new marketing initiatives globally and substantially revamped the FIN product portfolio to include an expanded offering of vaporizers, tanks, and open system vapor products, including the launch of its new proprietary Advanced Vaping System.

Cost of goods sold for the three months ended June 30, 2014 and 2013 were $4,436,960 and $298,309 respectively, an increase of $4,138,651. The increase is primarily due to the acquisitions of Vapestick, FIN, and VIP. Cost of goods sold for the six months ended June 30, 2014 and 2013 were $7,218,627 and $650,319 respectively, an increase of $6,568,308, primarily due to the acquisitions of Vapestick, FIN, and VIP. Management believes that cost of goods sold expense as a percent of net sales, which was 39.3% and 46.8% for the three months and six months ended June 30, 2014, respectively, will maintain or marginally improve with increased scale and efficiency.

Operating Expenses

Advisory agreement warrants for the three months ended June 30, 2014 and 2013 were $3,340,872 and $0, respectively. Advisory agreement warrants for the six months ended June 30, 2014 and 2013 were $53,505,222 and $0, respectively. These expenses due to the warrants we issued to Fields Texas Limited, LLC in connection with the advisory agreement that we entered into on December 30, 2013.

Distribution, marketing and advertising expenses for the three months ended June 30, 2014 and 2013 were $4,969,645 and $250,239 respectively, an increase of $4,719,406. Distribution, marketing and advertising expenses for the six months ended June 30, 2014 and 2013 were $6,076,180 and $586,985 respectively, an increase of $5,489,195. These increases were primarily attributable to our acquisition of Vapestick, FIN and VIP, as well as increased online marketing, advertising, and promotions, as we continued various advertising campaigns to increase both online and point of sale brand awareness and sales throughput.

Selling, general and administrative cost for the three months ended June 30, 2014 and 2013 were $18,014,932 and $563,087, respectively, an increase of $17,451,845. Selling, general and administrative cost for the six months ended June 30, 2014 and 2013 were $24,294,304 and $961,957, respectively, and increase of $23,332,347. These increases were primarily due to wages, cost associated with general administrative fees, and other operating costs specifically attributable to the additions of Vapestick and FIN, as well as the general build out of our business from a historical internet only business. Other factors attributable to our increase in SG&A from the prior three and six month periods in 2013 related to increases in compensation related to new management, costs associated with our pursuit of acquisitions, legal expenses related to our efforts to uplist onto the NASDAQ Stock Market and increased marketing initiatives and costs associated with running a global business.

Loss on impairment of goodwill for the three months ended June 30, 2014 and 2013 were $8,966,443 and $0, respectively. Loss on impairment of goodwill for the six months ended June 30, 2014 and 2013 were $8,966,443 and $0, respectively. We test for impairment during any reporting period if certain triggering events occur. As of June 30, 2014, our FIN reporting unit was considered to have a triggering event due to the faster than expected migration of U.S. consumers from disposable products and an accompanying decrease in forecasted revenue as the Company responded through the introduction of new products. The significant change in the analysis from that used in the February FIN purchase price allocation related to the “year 1” revenue projections. These revenue projections initially included a revenue increase of approximately 22%, while the June 30, 2014 impairment analysis reflected a projected revenue increase of approximately 7%. When estimating the fair value of goodwill, we make assumptions regarding revenue growth rates, operating cash flow margins and discount rates. These assumptions require substantial judgment as we operate in a high growth industry and have recently acquired our reporting units.

Other Expenses

Interest expense for the three months ended June 30, 2014 and 2013 were $5,451,457 and $41,522, respectively. Interest expense for the six months ended June 30, 2014 and 2013 was $11,847,283 and $75,833, respectively. The increases were attributable to interest on the convertible notes issued by the Company in 2014 and 2013 and the payment of penalty shares in the quarter ended June 30, 2014 due to late repayment of the FIN Promissory Note, as well as amortization of deferred finance costs and the accretion of debt, offset by interest income on the conversion feature on certain debt instruments. The fair value in excess of proceeds for warrants issued during 2014 was $29,215,500 and $0 for the six months ended June 30, 2014 and 2013, respectively. The increase was attributable to the recognition of the costs associated with various warrants issued during 2014. Warrant fair value adjustment for the three months ended June 30, 2014 and 2013 were $12,456,723 and $0, respectively. Derivative fair value adjustment for the three months ended June 30, 2014 and 2013 were $4,212,539 and $0, respectively. These adjustments were primarily due to the exercise and conversion features in our warrants and notes issued in 2014, stemming from the reset of exercise and conversion prices in such warrants and notes as well as movement in the Company’s stock price. Income tax benefit for the three months ended June 30, 2014 and 2013 were $24,536,827 and $0, respectively, resulting from the Company’s conclusion that a portion of its deferred tax asset will be realized allowing for the release of a portion of its valuation allowance.

Net Loss

The net loss for the three months ended June 30, 2014 and 2013 was $367,138 and $441,312, respectively. The net loss per common share for the three months ended June 30, 2014 and 2013 was $0.00 and $0.01, respectively. The net loss for the six months ended June 30, 2014 and 2013 was $84,491,207 and $693,738, respectively. The net loss per common share for the six months ended June 30, 2014 and 2013 was $1.23 and $0.02, respectively.

About The Electronic Cigarettes International Group, Ltd. (ECIG)

The Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative for current smokers, relative to traditional cigarettes. ECIG is one of the fastest growing independent electronic cigarette companies in the world, and owns the trademarks VAPESTICK®, FIN®, Victory®, VIP®, and others. The Company owns multiple subsidiary companies and has operations in North America, Latin America, Western Europe, and Asia. ECIG offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in real tobacco taste amongst major brands. The Company’s website is www.ecig.co.

Safe Harbor Disclosure

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of ECIG, including statements regarding ECIG’s expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue to materialize consistent with recent trends. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include: ECIG’s reliance on additional financing, ECIG’s profitability and financial health, risks associated with ECIG’s products, including that they may pose a health risk; governmental regulations may impact Victory’s business; the market or consumers may not accept ECIG’s products; ECIG relies on a single class of products; existing or pending patents may affect ECIG’s business; and other factors disclosed in the Company's filings with the Securities and Exchange Commission. Unless required by applicable law, ECIG undertakes no obligation to update or revise any forward-looking statements.

For investor inquiries please contact:

Electronic Cigarettes International Group Ltd.

Joan Lauer

Manager, Investor Relations

Tel: 616.384.3496

Email: joan.lauer@ecigcorporate.com

www.ecig.co

Source: Electronic Cigarettes International Group Ltd.


Church & Dwight to Present at Barclay’s Back-To-School Consumer Conference Aug 20, 2014 12:34PM

EWING, N.J.--(BUSINESS WIRE)-- Church & Dwight Co., Inc. (NYSE: CHD) will be presenting at the Barclays Back-To-School Consumer Conference in Boston on Wednesday, September 3, 2014 at 3:45 p.m. (ET).

You can view the webcast by visiting the Investor Relations section of the Company’s website at www.churchdwight.com. For those unable to participate during the live webcast, a recorded version of the webcast will be made available at the same location.

Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products under the ARM & HAMMER brand name and other well-known trademarks.

Church & Dwight Co., Inc.

Rick Dierker, 609-806-1900

VP, Corporate Finance

Source: Church & Dwight Co., Inc.


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