DrStockPick.com Stock Report! 7/31/09, SNF, ELMG, LTC, GRH, RNIN, ANR
DrStockPick.com Stock Report!
Friday July 31, 2009
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The Spain Fund, Inc. (NYSE: SNF) announced today that the Fund’s Board of Directors (the “Board”) has approved a change to the Fund’s investment objective and certain investment policies. Most significantly, the Board approved a broadening of the Fund’s investment universe to include companies located in Spain and Portugal and in the historically Spanish- and Portuguese-speaking countries of Central and South America (”Ibero-American companies”). The broadening of the Fund’s investment focus necessitates a change to its fundamental investment objective, which currently is “to seek long term capital appreciation by investing primarily in equity securities of Spanish companies.” The new investment objective approved by the Board is “to seek long term growth of capital.”
EMS Technologies, Inc. (Nasdaq - ELMG) will hold a conference call Wednesday, August 5, 2009 at 9:30 a.m. Eastern Time to discuss the second quarter 2009 financial results. A press release announcing the second quarter results will be put on the newswire at 8:00 a.m. ET Wednesday, August 5, 2009.
LTC Properties, Inc. (NYSE:LTC) announced that effective July 30, 2009, Ms. Devra G. Shapiro has been elected as a new Board Member, increasing the total number of Board Members from five to six and total independent members from three to four.
GREENHUNTER ENERGY, INC. (NYSE AMEX: GRH), a diversified renewable energy company focused on wind development projects, biomass power generation and the production of biodiesel, announced today that the United States District Court in Kansas has dismissed the lawsuit brought on June 18, 2008 by Orion Ethanol, Inc. against GreenHunter Energy, Inc., GreenHunter BioFuels, Inc., and GreenHunter BioPower, Inc. Additionally, the Court ordered that Orion Ethanol, Inc. (”Orion”) must pay all past and future legal expenses incurred by Mr. Gary C. Evans, a former officer and director of Orion, in his defense against claims previously brought by Orion.
Wireless Ronin Technologies, Inc. (Nasdaq:RNIN), a Minneapolis-based digital signage provider, announced today that Leo Bull has been named Regional Vice President, Eastern United States for the company’s direct sales force.
Alpha Natural Resources, Inc. (NYSE: ANR) and Foundation Coal Holdings, Inc. (NYSE: FCL) announced today that they have completed their merger, creating one of America’s foremost coal producers.
Source: E-Gate System from Alphatrade.com
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