London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH), GE Healthcare (NYSE: GE), Wal-Mart Stores Inc. (NYSE: WMT), CMGI, Inc. (Nasdaq: CMGI), Motorola, Inc. (NYSE: MOT), Time Warner Inc. (NYSE: TWX).
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London & Pacific Healthcare, Inc. (PINKSHEETS: LDPH), a corporate finance and development company, Tuesday announced its long-term agreement with L&P Capital Advisors, LLC to be the exclusive broker dealer for all of its transactions requiring investment banking services. This service contract will enable the Company to further access investment capital, build on revenue growth, streamline operations and enhance service offerings to its growing national and international client base. L&P Capital will work exclusively with the Company on all of its healthcare related finance transactions.
This exclusive relationship with a Broker/Dealer positions the Company uniquely in the marketplace, providing additional bandwidth for deal origination and funding. L&P Capital recently secured its membership in the National Association of Securities Dealers (NASD). London & Pacific will begin transacting all of its securities business, with immediate effect, through L&P Capital, Member NASD.
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Other stocks highlighted include: GE Healthcare (NYSE: GE), down 1% on 40 million shares, world leader in digital mammography technology today announces supplying Full Field Digital Mammography (FFDM) units to BreastCheck - part of the Irish National Cancer Screening Service. Ireland to become, one of the first countries in Europe to entirely use digital mammography for breast screening services provided by BreastCheck. Out of a total of 29 digital mammography systems installed across the country, 13 GE Healthcare Senographe(TM) Essential full-field digital mammography (FFDM) units will be installed, with 6 of the 13 systems being mobile units.
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Wal-Mart Stores Inc. (NYSE: WMT), down 1.35% on 32 million shares, through its Kids Recycling Challenge program, Wal-Mart yesterday announced it is awarding $51,500 to 169 Los Angeles-area schools for students' efforts to become responsible stewards of their environment. The company's Kids Recycling Challenge effort is the largest plastic bag recycling program of its kind ever undertaken.
CMGI, Inc. (Nasdaq: CMGI), down 11% on 29 million shares, Tuesday reported financial results for its third quarter of fiscal year 2007, ended April 30, 2007. Financial Summary: Net revenue increased 6.5% from prior year to $282.1 million. Operating income improved to $0.9 million from an operating loss of $1.7 million in the prior year. Non-GAAP operating income increased to $7.5 million from $7.0 million in the third quarter of the prior year. Net income decreased to $9.4 million compared to net income of $21.7 million in the same period last year. Cash, cash equivalents and marketable securities at April 30, 2007 increased to $250.3 million from $213.0 million at April 30, 2006. Third Quarter Consolidated Financial Results: CMGI reported net revenue of $282.1 million for the third quarter of fiscal 2007, compared to net revenue of $264.7 million for the same period one year ago, a $17.3 million or 6.5% increase. Gross margin increased from $28.9 million in the third quarter of fiscal 2006 to $30.0 million in the third quarter of fiscal 2007, an increase of $1.1 million or 3.8%. As a percentage of revenues, gross margin declined from 10.9% in the third quarter of fiscal 2006 to 10.6% in the third quarter of fiscal 2007.
Motorola, Inc. (NYSE: MOT), up .05% on 25 million shares, announced Tuesday it has renewed and expanded its membership in the Chicago Climate Exchange (CCX(R)), the world's first and North America's only voluntary but legally binding greenhouse gas emissions reduction, registry and trading system. By becoming a Phase II CCX member, Motorola has committed to tracking and reporting greenhouse gas emissions and to achieving a 6 percent reduction in its greenhouse gas emissions by 2010 below a year 2000 baseline.
Time Warner Inc. (NYSE: TWX), down .61% on 21 million shares, Bill Nelson has been named Chairman and CEO of Home Box Office, it was announced today by Time Warner Inc.'s Chairman and CEO Dick Parsons and President and COO Jeff Bewkes. Mr. Nelson was previously HBO's Chief Operating Officer.
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