World Business

Kohlberg Capital Corporation Delays Conference Call Originally Scheduled for November 9, 2009
NEW YORK, Nov. 7, 2009 (GLOBE NEWSWIRE) -- Kohlberg Capital Corporation (Nasdaq:KCAP) today announced that it will delay its investor conference call previously scheduled for Monday November 9, 2009 at 8:30am.
FBI charge 14 over alleged Galleon insider trading
Sri lanka, Nov. 6 -- Criminal charges have been filed in the US against 14 individuals linked to the alleged insider dealing scheme involving billionaire hedge fund manager Raj Rajaratnam, the Sri Lanka-born philanthropist who has been let out on $100m (Pounds 60m) bail.
Putting limits on speculative investing appears to be dimming
Nov. 7--A chance to rein in speculative investments that could be pushing up energy prices appears to be fading in Washington.
Coffee Break / Sales at Fred's dip a bit in October
Fred's Inc. sales slid slightly in October to $128.1 million, down from $128.4 million last October.
More time given to compensate pyramid victims
A man involved in a pyramid scheme that accumulated losses of over [euro]500,000 has been given more time to raise money to compensate the victims.
Capital Gold Announces a 27% Increase In Gross Proceeds for First Fiscal Quarter
NEW YORK, Nov. 6 /PRNewswire-FirstCall/ -- Capital Gold (TSX: CGC; OTC Bulletin Board: CGLD) announced today that gross proceeds were approximately $11.7 million on 11,733 ounces of gold sold in the first fiscal quarter of 2010 (ended October 31, 2009) at its El Chanate mine in Sonora, Mexico.
Shareholders block CAWOW issue
Nov. 6--Shareholders of the fitness operator California WOW Xperience Plc have rejected plans to raise capital by issuing 150 million new shares.
HEALTH: Uganda's Counterfeits Bill Threatens Access to Medicine
The Counterfeit Goods Bill seeks to prohibit trade in goods that ostensibly infringe intellectual property rights.
Law's Long Reach; Feds Bust 'Octopussy' Insider Trader-Tipster
A trader nicknamed "Octopussy" was among nine people charged with insider trading yesterday as the feds expanded their crackdown on Wall Street.
Sea Dragon Energy Inc. Announces the Closing of its Underwritten Private Placement Equity Financing
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
News & notes
Providence Service Corp., a Tucson-based social services provider, achieved a third-quarter profit on a 24 percent increase in revenue and a one-time tax benefit.
Lion Energy Corp. (TSX-V: LEO), Southern Star Energy Inc. (OTC Bulletin Board: SSEY) and Gold Star Resources Corp. (TSX-V: GXX) Announce Proposed Business Combination
VANCOUVER, Nov. 6 /CNW/ -- Lion Energy Corp. ("Lion") (TSX-V: LEO), a Canadian exploration company focused on acquiring, exploring and developing oil and gas reserves in Central and East Africa, Southern Star Energy Inc. ("Southern") (OTC Bulletin Board: SSEY), a U.S.- based oil and gas exploration company with lease acreage properties in Louisiana, and Gold Star Resources Corp. ("Gold Star")(TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, are pleased to announce that they have signed a non-binding letter of intent to complete a proposed business combination (the "Transaction").
PlainsCapital postpones its IPO
Nov. 5--PlainsCapital Corp. has postponed its initial public offering, the Dallas-based financial services company said Wednesday.
Pacific North West Capital Corp. Announces Drill Results for the Fiedmont PGM Project, Quebec
TSX: PFN OTCBB: PAWEF Frankfurt: P7J.F
British PM calls for talks on finance levy
ST. ANDREWS, Scotland - British Prime Minister Gordon Brown has called for serious consideration of a levy on financial activity to help insure the banking system from another crisis.
Petro Avec wins world finance oil and gas industry award For Best Innovation in Refining Technology
Axial Vector Energy Corporation ("AVEC") announced its Petro Avec joint venture has been awarded the '2009 Best Innovation in Refining Technology' category by World Finance Magazine.
STR Holdings shares rise in IPO debut
NEW YORK - STR Holdings Inc. shares jumped Friday after the solar products company launched its initial public offering, but shares priced below expectations on the New York Stock Exchange.
REAL ESTATE: Housing crisis redefines broker-banker relationships
Nov. 7--In his 17 years as a mortgage broker, Edward Kampf developed long-standing relationships with banks that would provide home loans to his customers.
Marret Investment Grade Bond Fund Announces Exercise of Over- Allotment Option
TORONTO, Nov. 6 /CNW/ - Marret Asset Management Inc. is pleased to announce that the syndicate of agents for the initial public offering of Marret Investment Grade Bond Fund (TSX:MIG.UN) has exercised its over-allotment option and acquired an additional 1,450,000 units.
IMS Health bought for $5.2 billion
Nov. 6--IMS Health Inc., which provides market research to the pharmaceutical and health-care industries, said yesterday that it agreed to be acquired for $5.2 billion, including the assumption of debt.