First on CNBC Mercator Lines FY08 Report: related news

First on CNBC: Mercator Lines FY08 Report

Perspectives on the economy, with David Dietze, Point View Financial Services; John Bitner, Eastern Investment Advisors and CNBC's Joe Kernen

First sequence-based map of large-scale structural variation across the human genome

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Mercator Lines arm acquires bulk carrier for Rs 2.6 bn

Mercator Lines arm Mercator Lines (Q, N,C,F)* Singapore (MSL), has acquired a Panamax dry bulk carrier from a Japanese company for Rs 2.60 billion or USD 65 million, reports Business Standard.

Mercator Lines` arm inks USD 44.44 mn

Mercator Lines (Singapore), a subsidiary of Mercator Lines entered into a firm negotiation with Refined Success which is a subsidiary of PRC shipping conglomerate COSCO (HK) Shipping for the time charter-out of Geastiniono TBN, a gearless post panamax vessel of nearly 92,500 DWT.

Mercator Lines arm inks a USD 44.44 mn deal with Refined Success

Mercator Lines (Singapore), a subsidiary of Mercator Lines entered into a firm negotiation with Refined Success which is a subsidiary of PRC shipping conglomerate COSCO (HK) Shipping for the time charter-out of Geastiniono TBN, a gearless post panamax vessel of nearly 92,500 DWT.

Amazon.com Announces First Quarter 2008 Earnings

Amazon.com Inc. announced financial results for its first quarter ended March 31, 2008. Net sales increased 37% to $4.13 billion in the first quarter, compared with $3.02 billion in first quarter 2007. Excluding the $0.18 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales grew 31% compared with first quarter 2007. Net income increased 30% to $143 million in the first quarter, compared with net income of $111 million in first quarter 2007.

2008 U.S. Small Electrical Appliance Product Lines

The 2008 U.S. Small Electrical Appliances Product Lines report features 2008 current and 2009 forecast estimates on the sales of small electrical appliances product lines for the 15 retail industries. The report also includes industry definition, 5-year historical trends on product lines sales. Product lines include hairdryers, blenders and vacuum cleaners.

Soleil Hikes First Solar FY08 EPS Est. 40%; Maintains Buy (FSLR)

In a research report issued this morning, Soleil Securities Group raised its FY08 and FY09 earnings estimates on First Solar (Nasdaq: FSLR). The firm currently has a Buy rating and $250 price target on shares of First Solar.

Mercator chalks out Rs 4,000-cr investment

MUMBAI: Shipping firm Mercator Lines has outlined a Rs 4,000-crore plan for expansion in the domestic and international markets. The company plans to infuse Rs 2,000 crore each in Mercator Lines India and its Singapore-listed subsidiary, Mercator Singapore, a senior company official said.

Mercator Announces US$42 million Silver Sale Transaction with Silver Wheaton

VANCOUVER, March 17 /CNW/ - Mercator Minerals Ltd. ("Mercator") is pleased to announce today that it and its wholly-owned affiliate have signed an agreement with an affiliate ("Silver Wheaton") of Silver Wheaton Corp. for the sale of the life-of-mine silver production from Mercator's Mineral Park copper/molybdenum mine in Arizona. Under the agreement, Silver Wheaton will make an up-front payment of US$42 million in cash to Mercator's affiliate. Upon delivery of the silver, Silver Wheaton will then also pay Mercator's affiliate in cash the lesser of the silver spot price or US$3.90 per ounce of silver (escalated by 1% per annum starting in the fourth year of silver production).

Developing an Eclipse BIRT XML Report Rendering Extension

BIRT Report Engine provides report rendering extensions that render a report in HTML, PDF, XLS, PostScript, and Microsoft Word and PowerPoint. In BIRT release 2.2.1, the BIRT report rendering extension API supports rendering a report in a customized format, such as XML.

Odim win first deal for robotic solution

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FIRST Unveils New Robotics Platform for 2008 FIRST Tech Challenge Season

ATLANTA --(Business Wire)-- FIRST (For Inspiration and Recognition of Science and Technology), an organization founded by inventor Dean Kamen to inspire young people's interest and participation in science and technology, today revealed its new robotics platform for the 2008 FIRST Tech Challenge (FTC) season. The presentation and preview demonstration were made to attendees of the 2008 FIRST Championship at the Georgia Dome.

FIRST Unveils New Robotics Platform for 2008 FIRST Tech Challenge Season

ATLANTA (Business Wire) -- FIRST (For Inspiration and Recognition of Science and Technology), an organization founded by inventor Dean Kamen to inspire young people's interest and participation in science and technology, today revealed its new robotics platform for the 2008 FIRST Tech Challenge (FTC) season. The presentation and preview demonstration were made to attendees of the 2008 FIRST Championship at the Georgia Dome.

Hanover Insurance Grows Commercial Lines, Shrinks Personal Lines in 1Q

The Hanover Insurance Group, Inc. in Worcester, Mass., reported a drop in net income, an increase in commercial lines business and higher losses on personal lines for the first quarter of 2008.

Sirtris Announces First U.S. Patent Issued On Class of SIRT1 Activators; Patent Covers First NCE to Enter Human Clinical Trials

Sirtris Pharmaceuticals, Inc. (NASDAQ: SIRT), a biopharmaceutical company focused on discovering and developing small molecule drugs to treat diseases of aging such as Type 2 Diabetes, announced today that the United States Patent Office issued to Sirtris the first patent covering a broad class of compounds that activate the enzyme SIRT1. Several Sirtris compounds--or new chemical entities (NCEs)--from this class lower glucose and improve insulin sensitivity in preclinical models of Type 2 Diabetes. The patent covers the first NCE that Sirtris plans to take into a human clinical safety trial in the first half of 2008.

Sirtris Announces First U.S. Patent Issued On Class of SIRT1 Activators; Patent Covers First NCE to Enter Human Clinical Trials

CAMBRIDGE, Mass.--(BUSINESS WIRE)--March 19, 2008 - Sirtris Pharmaceuticals, Inc. (NASDAQ: SIRT), a biopharmaceutical company focused on discovering and developing small molecule drugs to treat diseases of aging such as Type 2 Diabetes, announced today that the United States Patent Office issued to Sirtris the first patent covering a broad class of compounds that activate the enzyme SIRT1. Several Sirtris compounds--or new chemical entities (NCEs)--from this class lower glucose and improve insulin sensitivity in preclinical models of Type 2 Diabetes. The patent covers the first NCE that Sirtris plans to take into a human clinical safety trial in the first half of 2008.

Mercator signs deal to purchase $65.5 mn Panamax

MUMBAI: Mercator Lines (Singapore), a subsidiary of Mercator Lines, has entered into an agreement to purchase Panamax dry bulk carrier for $65.5 million.

Mercator Gold H1 pretax loss more than triples; sees ASX listing in 12 weeks

LONDON (Thomson Financial) - Mercator Gold PLC reported a first-half pretax loss that more than tripled from last year, reflecting the cost of establishing commercial gold production at Meekatharra, encompassing the re-commissioning of the Bluebird mill. The gold exploration company posted a pretax loss of about 3.56 million pounds for the six months to Dec. 31, 2007, compared with a loss of about 1.015 million pounds in 2006. The company said it sold 7,028 ounces of gold in the first half, yielding a revenue of A$6.4 million, at an average price realised per ounce of A$912. Mercator said its intends to list its shares on the Australian Stock Exchange in the next 12 weeks. The company added that it is in "excellent" shape, focusing on production, growth and exploration in Meekatharra according to plan.

New Report: Mercator Advisory Group Payments Industry M&A Report - Q1 2005

Mercator Advisory Group provides research and advisory services for the consumer payments industry. We are exclusively focused on the impact of technology on business process. We provide analyst reports, presentations, consulting and other services in support of strategic marketing and technology initiatives.

Mercator Lines Board to consider dividend for 2007-2008

Mercator Lines Ltd has announced that a meeting of the Board of Directors of the Company will be held on May 14, 2008, inter alia, to consider & approve, annual accounts of the Company for the year ended on March 31, 2008 and recommendation of dividend on Share Capital of the Company for the financial year 2007-08, if any.

Mercator Lines allots 365562 equity shares on conversion of FCCBs

Mercator Lines Ltd has announced that the Committee of Board of Directors of the Company at its meeting held on April 29, 2008, inter alia, has approved allotment of 3,65,562 equity shares of Re 1/- each in lieu of surrender of Foreign Currency Convertible Bonds (FCCB's) aggregating USD 500,000/- from bond holders; at a conversion price of Rs 59/812. Consequently, the paid up capital of the Company has increased to 23,52,60,949 equity shares of Re 1/- each. With this conversion, now there are 800 FCCB's outstanding of aggregate amount of USD 8,000,000/-.

Mercator Lines Limited Signs MoA For Acquisition Of New Built Handymax Bulk Carrier

Mercator Lines Limited announced that it has signed Memorandum of Agreement (MoA) for acquisition of new built Handymax Bulk Carrier of about 56,000 DWT. The Vessel is expected to join the fleet of the Company in the month of August 2005.

Mercator Lines to declare FY 08 results by Jun 30, 2008

Mercator Lines Ltd has announced that the Company will publish Audited result for the year ended on March 31, 2008 within a period of 3 months from the end of the last quarter.

Mercator Lines (Singapore) Limited Announces Acquisition of Vessel

Mercator Lines (Singapore) Limited announced that it has has entered into a Memorandum of Agreement for the purchase of a geared Panamax dry bulk carrier named ?YK TITAN? (the Vessel), at a total consideration price of approximately $65.5 million. Built by Tsuneishi Shipbuilding Co. Ltd. in Japan in 1997, the vessel is of aggregate capacity 69,221 dwt and was purchased from TANAGRA SHIPPING, S.A., of the Republic of Panama.

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