Buzzing Stocks

Barclays’ analyst says Palm Pre on course for scheduled early June launch

Barclays Capital

Analyst Amir Rozwadowski at Barclays Capital said that the much-awaited Palm Pre smartphone is well on its course for its scheduled early-June launch!

Six big US insurers granted preliminary approval of bailout funds

Six big US insurers granted preliminary approval of bailout funds

According to a US Treasury official, six of the country’s big insurance companies have been granted the preliminary approval for receiving government bailout funds worth billions of dollars.

Suzlon Energy raises stake in Repower to 73.71%; pays Euro 65 million

Suzlon Energy Limited (SEL), a leading manufacturer of Wind Turbine Generator (WTG) and the sixth largest company worldwide, has announced the acquisition of the first tranche of Martifer Groups stake in REpower for _65 million.

The latest deal will take Suzlon's holding in REpower to 73.71 per cent.

United Bankshares gets preliminary nod for ‘Capital Purchase Program’

United Bankshares, Inc. has notified that it has received preliminary approval from the U.S. Department of the Treasury to participate in its Capital Purchase Program ("CPP") under the Emergency Economic Stabilization Act of 2008.

Johnson Technologies secures order worth $ 800,000; stock surges 20 percent

Johnson Technologies, Inc. announced today that it has received an order valued at $800,000 from a state and local customer.

The order calls for the company to provide its Project 25 compliant wireless equipment.

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