http://www.wikio.co.uk/blog/search/Shareholder Approval Wikio Blogs - search: Shareholder Approval wikio wikio http://www.wikio.co.uk/info?id=68346699 NEW YORK, Aug. 20 /PRNewswire-FirstCall/ -- Fresh Harvest Products, Inc. (OTC Bulletin Board: FRHV) today announced that on August 18, 2008 its Board of Directors approved a resolution to seek shareholder approval to amend its certificate of incorporation to effect a forward stock split of its common stock at the rate of 11 shares for every 10 shares outstanding. It further announced that on the same date, the resolution was approved by consent in lieu of a meeting of five principal shareholders holding a majority of its shares of common stock outstanding on that date. The timing of the forward split will be determined by the Board of Directors at a future date based upon completion of certain required filings with the SEC and the State of New Jersey. Company President and CEO Michael J. Friedman commented that, "the stock split is designed to attract additional individual stockholders, increase the liquidity of the stock and diversify the stockholder base, all of which are in line with our overall growth strategy and shareholder interest." The forward split will require shareholders to tender their existing stock certificates to receive new, post-split certificate evidencing the increased number of common shares resulting from the eleven (11) from ten (10) forward common stock split. The Company will send a transmittal letter to shareholders of record with specific detailed instructions of how to proceed to complete the transaction. Shareholders who have shares held by their brokerage firm in DTC ("in street name") will receive their new shares through their facilities and the broker will communicate directly with the shareholder. About Fresh Harvest Products, Inc. Fresh Harvest Products, Inc. sells, markets and distributes natural and organic food products and beverages. Under the Wings of Nature(TM) brand name, Fresh Harvest offers a line of organic snack products, which primarily include health bars, coffee bars, tortilla chips and salsa. In addition, Fr Wed, 20 Aug 2008 11:31:00 GMT http://www.wikio.co.uk/info?id=68346699 2008-08-20T11:31:00Z http://www.wikio.co.uk/info?id=68287568 THE HAGUE, The Netherlands, August 19 /PRNewswire-FirstCall/ -- Shell Canada Limited ("Shell Canada") (NYSE: RDS.A) (NYSE: RDS.B), a wholly owned subsidiary of Royal Dutch Shell plc, announced today that it has received the approval of the Minister of Industry under the Investment Canada Act for its offer to purchase all of the outstanding common shares of Duvernay Oil Corp. ("Duvernay") (including common shares issuable upon the exercise or surrender of any options). In approving the acquisition, the Minister determined that the transaction is likely to be of "net benefit to Canada" for purposes of the Investment Canada Act. Shell Canada also announced today that the Commissioner of Competition under the Competition Act (Canada) has granted Shell Canada an advance ruling certificate, which constitutes compliance with the requirements under the Competition Act (Canada). As a result, Shell Canada has now received all necessary Canadian regulatory approvals to proceed with the acquisition of Duvernay. Shareholders are encouraged to tender their Duvernay common shares to the offer as soon as possible. The offer remains open until 1:01 a.m. (Calgary time) on August 22, 2008, unless the offer is withdrawn or extended by Shell Canada. Under the terms of the offer, Duvernay shareholders will receive C$83.00 for each Duvernay common share. Shell Canada first announced its intention to make the offer on July 14, 2008 and its wholly owned subsidiary, BRS Gas Corp., mailed its take-over bid circular to the shareholders of Duvernay on July 17, 2008. Contact Information: KINGSDALE SHAREHOLDER SERVICES: +1-866-851-2638 (Toll free in North America) or outside North America, Banks & Brokers call collect at +1-416-867-2272 Email: Legal Notice This release does not constitute an offer to purchase or a solicitation of an offer to sell securities. Duvernay shareholders are advised to review the take-over bid circular and related documents (the "Offer Documents") and a Tue, 19 Aug 2008 22:22:00 GMT http://www.wikio.co.uk/info?id=68287568 2008-08-19T22:22:00Z http://www.wikio.co.uk/info?id=68269455 Former building society, Alliance & Leicester (A&L) has sent information to its 564,000 shareholders on the £1.3 billion proposed takeover by Spanish bank, Santander. Roy Brown, acting A&L chairman, is strongly encouraging shareholders to vote for the deal and has warned if the move is rejected by shareholders, the bank would be exposed to the worsening [...] Tue, 19 Aug 2008 19:00:49 GMT http://www.wikio.co.uk/info?id=68269455 Kay Murchie 2008-08-19T19:00:49Z http://www.wikio.co.uk/info?id=68152538 Companies Expect to Complete Transaction on August 22 as Previously Announced CHICAGO and NEW YORK, Aug. 18 /PRNewswire-FirstCall/ -- CME Group Inc. (Nasdaq: ) and NYMEX Holdings, Inc. (NYSE: ) today announced that preliminary results indicate the shareholders of both companies have approved the proposed merger of CME Group and NYMEX Holdings, Inc. based on a review of the proxies voted at today's special meetings by the parties' respective proxy solicitors. In addition, preliminary results also show that NYMEX Class A members have voted to approve the related proposals in a separate member vote. "We are pleased that shareholders of both exchanges have given their support for this transaction," said CME Group Executive Chairman Terry Duffy. "The addition of NYMEX to CME Group creates an even stronger international company as we continue to grow our business globally and compete with exchanges and the over-the-counter market. The combination of these exchanges will create immediate and long-term value for our shareholders and customers as we are now the only exchange to offer access to every global benchmark product. On behalf of CME Group's Board of Directors, I want to thank the shareholders, members and hard-working employees of both exchanges for their support throughout this process." "Today's votes bring us one step closer to combining our two great exchanges which will allow us to deliver more value to our customers and shareholders," said NYMEX Holdings, Inc. Chairman Richard Schaeffer. "We look forward to building on our shared legacies through product innovation and industry leadership to capitalize on the terrific growth opportunities we see in this global marketplace." "We are very pleased that our shareholders, members and customers have overwhelmingly supported and approved the combination of our two great companies," said Craig Donohue, CME Group Chief Executive Officer. "Today's approval provides us with tremendous new global growth opportuni Mon, 18 Aug 2008 20:27:00 GMT http://www.wikio.co.uk/info?id=68152538 2008-08-18T20:27:00Z http://www.wikio.co.uk/info?id=66818911 The US communications regulator the FCC has finally given the go ahead for Verizon Wireless to purchase Rural Cellular, a purchase that was first proposed some 13 months ago. However, one of the requirement of approval is that one of the companies will need to “sell licenses in six markets in order to improve competition” which [...] Wed, 06 Aug 2008 08:44:59 GMT http://www.wikio.co.uk/info?id=66818911 2008-08-06T08:44:59Z http://www.wikio.co.uk/info?id=67499884 MIAMI, Aug. 12 /PRNewswire-FirstCall/ -- AR Growth Finance Corp. ("AR Growth") (Pink Sheets: ARGW) announced today that its subsidiaries have received final approval from the Argentine Government for its previously announced merger of its interests in certain pension companies. AR Growth is a U.S. holding corporation whose primary asset is its 95% interest in ProBenefit, S.A. ("ProBenefit"). ProBenefit is an Argentine-based holding company comprised of pension and life insurance companies as well as a consumer credit card company. The approved transaction consists of the merger of the pension companies: Unidos S.A. AFJP with AFJP Prorenta S.A. As a result of this merger, ProBenefit now owns approximately 60% of the combined pension companies. The pension-related company will now have approximately $800 million in assets under management. Further, it will now provide its financial services through 50 offices to over 500,000 clients across Argentina. Kevin Fitzgerald, Chief Executive Officer and Director of AR Growth, commented, "We are very happy that the governmental approval process for our previously announced merger of the pension companies has been completed. This now allows us to begin to realize the operational synergies we have already identified." Oscar Cerutti, a Director of AR Growth, also commented, "We have spent the last several months working out the specifics of all cost savings that could be realized with the merger. We will now move forward quickly and realize the full potential of the new pension company." About AR Growth Finance Corp. AR Growth Finance Corp. is a Delaware corporation established in 2007 to invest in finance-related companies in Argentina and ultimately throughout South America. Its principal shareholders are US and Argentine financial institutions, and its acquisition of 95% of ProBenefit was announced on February 27, 2008. Forward-Looking Statements This press release contains, or may contain, forward-looking stat Tue, 12 Aug 2008 14:41:00 GMT http://www.wikio.co.uk/info?id=67499884 2008-08-12T14:41:00Z http://www.wikio.co.uk/info?id=66659479 Just when we thought things had somewhat gained a sense of normalcy, here comes another bizarre twist in the Yahoo! (YHOO) saga. According to Kara Swisher of AllthingsD - Capital Research Global Investors, one of Yahoo’s largest shareholders — have expressed concerns about possible voting irregularities following Yahoo’s last week shareholder meeting. On Aug 1, Yahoo shareholders [...] Tue, 05 Aug 2008 01:52:49 GMT http://www.wikio.co.uk/info?id=66659479 Ron Haruni 2008-08-05T01:52:49Z http://www.wikio.co.uk/info?id=66012840 Vodafone shareholders have voted overwhelmingly to support a £1bn share buyback announced last week after its stock slumped on a weaker-than-expected trading update. Tue, 29 Jul 2008 23:00:00 GMT http://www.wikio.co.uk/info?id=66012840 2008-07-29T23:00:00Z http://www.wikio.co.uk/info?id=66647889 MANITOWOC, Wis., Aug. 4 /PRNewswire-FirstCall/ -- The Manitowoc Company, Inc. (NYSE: ) today announced that the Court Meeting and General Meeting, required under U.K. law, of Enodis, plc (L: ENO) shareholders resulted in the overwhelming approval of the Scheme of Arrangement under which Manitowoc would purchase Enodis. More than 99 percent of shares represented voted in favor of the proposed purchase. "We are pleased and excited to have reached another important milestone in the proposed acquisition of Enodis," said Glen E. Tellock, Manitowoc's president and chief executive officer. "With Enodis as an integral part of Manitowoc, our Foodservice business will have a broader portfolio of products which would enable us to expand and deepen our relationships with a global customer base, as well as opening the door to a significantly wider range of growth opportunities." Manitowoc continues to expect the transaction to close during the fourth quarter of 2008, following the completion of antitrust reviews by regulatory agencies in the U.S. and other jurisdictions. Forward-looking Statements This press release includes "forward-looking statements" intended to qualify for the safe harbor from liability under the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations of the management of the company and are subject to uncertainty and changes in circumstances. Forward- looking statements include, without limitation, statements typically containing words such as "intends," "expects," "anticipates," "targets," "estimates" and words of similar import. By their nature, forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties because they relate to events and depend on circumstances tha Mon, 04 Aug 2008 22:47:00 GMT http://www.wikio.co.uk/info?id=66647889 2008-08-04T22:47:00Z http://www.wikio.co.uk/info?id=66285298 Iron & Glass Bancorp shareholders on Thursday approved the South Side bank company's merger into FNB Corp., Hermitage, Mercer County, said the two institutions. Fri, 01 Aug 2008 07:00:00 GMT http://www.wikio.co.uk/info?id=66285298 2008-08-01T07:00:00Z http://www.wikio.co.uk/info?id=65820433 Many months back, when shares of Vanda Pharmaceuticals were going for 29 bucks, I warned y'all: Their main product, iloperidone, showed all the signs of being a dud. It has been in the clinical trials stage of development for about a decade and it had yet to receive FDA approval. Um, if a drug was of significant benefit, do you really think it would have been in late-stage development for 10 years? In December 2006, I wrote: As for iloperidone, one article forecasted that it would hit the market in 2001! Further digging indicated that Titan, which holds the license for iloperidone (to some extent, anyway), was in a spot of trouble for allegedly hiding the drug’s side effect profile. In 1997, according to a report filed with the SEC, “the Company does not have the funds necessary to complete the clinical development of Iloperidone and is currently pursuing several financing alternatives including corporate partnering arrangements and off balance sheet financing to complete development of Iloperidone.” I assume this is where Vanda got involved. I could find not a single published trial of ilopderidone in either PubMed or Clinicaltrials.gov. If anybody can direct me to clinical trials data for this product, I’d love to see it! So this drug has been in the clinical trials phase of development for nearly a decade , and there is no published data to show its efficacy. I’m not impressed. My personal opinion is that you are better off burning your money than investing in Vanda after the huge jump earlier this week. Now, according to Reuters , Vanda received a not approvable letter from the FDA "over concerns of efficacy" regarding iloperidone in the treatment of schizophrenia. Ouch. This after the drug was ludicrously named "Fiapta," then "Fanapta." Hello?? Vanda shares can now be had at about a dollar per share -- down about 95% from when I initially warned everyone to steer clear of the company's stock. There is always a chance that the FDA has a change of heart; it's possibly even worth buying at this point, as even obvious dogs have their day on the market occasionally, such as Corcept Therapeutics . I have no faith that any of Vanda's products are worth anything clinically, but I think they might be able to BS enough analysts and investors to help drive up the price up a few bucks per share. Note that this is not official investment advice. Mon, 28 Jul 2008 17:52:00 GMT http://www.wikio.co.uk/info?id=65820433 noreply@blogger.com (CL Psych) 2008-07-28T17:52:00Z http://www.wikio.co.uk/info?id=66173891 -- New mining license valid until December 31, 2021 -- BEIJING, July 31 /Xinhua-PRNewswire-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. (Amex: SHZ; "China Shen Zhou", or "the Company"), a leading company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that it has obtained approval for the new mining license of its gold-copper mine from the Kyrgyzstan Geological and Mining Resources Department. The validity for this license lasts thirteen (13) years, from July 2008 until December 31, 2021. Jessica Yu, China Shen Zhou's Chairwoman and CEO states, " We are very excited to obtain this new mining license for our gold-copper mine in Kyrgyzstan. Currently we are in the pre-development stage and relevant technical documents are under preparation for formal development in the near future. We anticipate all such preparations can be completed soon and the material developments can commerce before the end of 2008." Ms. Yu continues, "The 13-year-long mining license ensures we have enough time for more exploration, extraction and mining operations in our large scale gold-copper mine. We are committed to finding more valuable mineral resources, increasing our market visibility, enhancing investor awareness, and maximizing shareholders' value. We are confident more and more investors will be interested in China Shen Zhou's impressive story." About China Shen Zhou Mining & Resources, Inc. China Shen Zhou Mining & Resources, Inc., through its subsidiary, American Federal Mining Group ('AFMG'), is engaged in the exploration, development, mining, and processing of fluorite and nonferrous metals such as zinc, lead and copper in China. The Company has the following principal areas of interest in China: (a) fluorite extraction and processing in the Sumochaganaobao region of Inner Mongolia; (b) zinc/copper/lead exploration, mining and processing in Wulatehouqi of Inner Thu, 31 Jul 2008 11:30:00 GMT http://www.wikio.co.uk/info?id=66173891 2008-07-31T11:30:00Z http://www.wikio.co.uk/info?id=65422558 SOUTHFIELD, Mich., July 24 /PRNewswire-FirstCall/ -- Meadowbrook Insurance Group, Inc. (NYSE: ) announced today that it has received all required regulatory approvals necessary to close its merger with ProCentury Corporation. In connection with the merger, the exchange ratio for ProCentury Corporation's common shares exchanged for Meadowbrook common stock in the merger will be 2.5000. The deadline for ProCentury Corporation's shareholders to submit their election forms relating to the merger consideration is 5:00 p.m., EDT on July 30, 2008. Election forms were mailed to shareholders of ProCentury Corporation on or about June 2, 2008 and, as described in the forms, such elections are subject to the allocation provisions set forth in the Merger Agreement. Shareholders of ProCentury Corporation who have questions may call the Information Agent, The Altman Group, at (800) 499-6377. The closing on the transaction is scheduled for July 31, 2008. About Meadowbrook Insurance Group A leader in the specialty program management market, Meadowbrook is a risk management organization, specializing in alternative risk management solutions for agents, professional/trade associations, and small to medium-sized insureds. Meadowbrook Insurance Group, Inc. common shares are listed on the New York Stock Exchange under the symbol "MIG". For further information, please visit Meadowbrook's corporate web site at . Thu, 24 Jul 2008 20:07:00 GMT http://www.wikio.co.uk/info?id=65422558 2008-07-24T20:07:00Z http://www.wikio.co.uk/info?id=64575073 ST. LOUIS, July 17 /PRNewswire-FirstCall/ -- Ralcorp Holdings, Inc. ("Ralcorp") (NYSE: ) announced that, at a special meeting of shareholders held today, July 17, 2008, shareholders approved the issuance of shares of Ralcorp common stock, $.01 par value per share, in connection with the acquisition by Ralcorp of the Post cereals business of Kraft Foods Inc. ("Kraft") (NYSE: ) through the merger (the "Merger") of Cable Holdco, Inc. ("Splitco"), a wholly owned subsidiary of Kraft, with and into Ralcorp Mailman LLC ("Ralcorp Mailman"), a wholly owned subsidiary of Ralcorp. The closing of the Merger and the related transactions (collectively, the "Transactions") remains subject to certain conditions set out in the RMT Transaction Agreement between Kraft, Splitco, Ralcorp and Ralcorp Mailman dated as of November 15, 2007 which was filed with the SEC on Form 8-K on November 20, 2007. Regulatory and other governmental approvals required for the Transactions have already been obtained. The Transactions are scheduled to close in early August. About Ralcorp Holdings, Inc. Ralcorp produces a variety of value brand and store brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other foodservice customers. Ralcorp's diversified product mix includes: ready-to-eat and hot cereals; nutritional and cereal bars; snack mixes, corn- based chips and extruded corn snack products; crackers and cookies; snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter; jams and jellies; syrups; sauces; frozen griddle products including pancakes, waffles, and French toast; frozen biscuits and other frozen pre-baked products such as breads and muffins; and frozen dough for cookies, Danishes, bagels and doughnuts. In addition, Ralcorp holds an interest of approximately 19 percent in Vail Resorts, Inc., the leading mountain resort operator in the United States Thu, 17 Jul 2008 16:46:00 GMT http://www.wikio.co.uk/info?id=64575073 2008-07-17T16:46:00Z http://www.wikio.co.uk/info?id=64120391 Four Proposals Presented and Approved by Shareholders DALLAS, July 14 /PRNewswire-FirstCall/ -- Arabian American Development Co. (Nasdaq: ) announced today that all proposals presented at its annual shareholders' meeting held on July 10, 2008 were approved by the Company's shareholders. The four matters presented and approved by shareholders were: 1) Nicholas Carter, Charles Goehringer, and Mohammed O. Al-Omair were each re-elected as directors for three year terms, 2) the firm of Moore Stephens Travis Wolff, LLP was approved as independent auditor for the coming year, 3) the Non-Employee Director Stock Option Plan was approved and, 4) the Stock Option Plan for Key Employees was approved. The 2008 Annual Meeting of Shareholders was held at 10:00 a.m. CDT at the Company's Sugar Land sales office, located at 1600 Highway 6 South, Suite 240, Sugar Land, TX. About Arabian American Development Company (ARSD) Arabian American owns and operates a petrochemical facility located in southeast Texas just north of Beaumont, specializing in high purity petrochemical solvents and other solvent type manufacturing. The Company is also the original developer and is now a 50% owner of a joint venture in a mining project in the Al-Masane area of Saudi Arabia which is under construction and is scheduled to be in production in late 2010. The mine will produce economic quantities of zinc, copper, gold, and silver. Safe Harbor Statements in this release that are not historical facts are forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon Management's belief as well as assumptions made by and information currently available to Management. Because such statements are based upon expectations as to future economic performance and are not statements of fact, actual results may differ from those projected. These risks, as well as others, are discussed in greater detail in Arabian American's filings Mon, 14 Jul 2008 13:21:00 GMT http://www.wikio.co.uk/info?id=64120391 2008-07-14T13:21:00Z