Stock Alerts! From Pennytobuck.com - Power 3 Medical Products Inc., Pwrm.ob, Arch Coal Inc., Nyse:ac
Arch Chemicals, Inc, NYSE:ARJ announced that it entered into an agreement with certain
institutional investors providing for a private placement of $250 million aggregate principal amount of 4.0% unsecured senior notes due December 31, 2017. The Company issued $125 million principal amount of the notes at closing and the remaining $125 million of notes will be issued on or before December 31, 2010 subject to customary closing conditions. Proceeds from the issuance of the notes will be used for general corporate purposes, including the repayment of the $80 million outstanding on its term loan facility.
The notes have not been and will not be registered for sale or resale under the Securities Act of 1933, as amended, and may not be offered or sold absent such registration or an applicable exemption from the registration requirements of the Securities Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the notes.
Headquartered in Norwalk, Connecticut (USA), Arch Chemicals, Inc. ("Arch Chemicals" or the "Company") is a global Biocides company with annual sales of over $1 billion. Arch and its subsidiaries provide innovative, chemistry-based and related solutions to selectively destroy and control the growth of harmful microbes. The Company's concentration is in water treatment, hair and skin care products, wood treatment, preservation and protection applications such as for paints and building products, and health and hygiene applications.
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PWRM, Power 3 Medical Products Inc., PWRM.OB
PWRM is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimers disease, Parkinsons disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrigs disease).
PWRM recently delivered four poster presentations at the 2010 International Conference on Alzheimers Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, Power3s diagnostic test, and focused on Power3s Alzheimers disease blood serum biomarkers, test and clinical validation trials. Power3 has filed several patent applications for its NuroPro technology that are currently pending. Power3 also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas.
In preparation for commercialization, our objective at this meeting was to show how Power3s protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimers disease, said Dr. Ira L. Goldknopf, Power3's President and Chief Scientific Officer. It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which Power3s protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs.
LAST TRADE: 0.0251
VOLUME: 176,300
To learn more about Power3 visit: http://www.power3medical.com
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Arch Coal, Inc. (NYSE:ACI) announced recently that it again earned a spot on the InformationWeek 500, an annual listing of the nations most innovative users of business technology. This marks the fifth consecutive year that Arch Coal has been ranked as one of the most innovative companies by InformationWeek. The 2010 list was announced last night at a gala awards ceremony held during the annual conference at the St. Regis Monarch Beach Resort in Dana Point, Calif.
Arch Coal earned a spot on the 2010 InformationWeek 500 list for its recent business intelligence implementation. Archs business intelligence platform helps drive deeper and more sophisticated reporting and analysis by integrating company data from both legacy and off-the-shelf applications. Arch Coal is the only coal producer and one of only three natural resources companies among this years InformationWeek 500.
St. Louis-based Arch Coal is the second largest U.S. coal producer. Through its national network of mines, Arch supplies cleaner-burning, low-sulfur coal to fuel roughly 8 percent of the nations electricity. The company also ships coal to domestic and international steel manufacturers as well as international power producers.
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by: Bill Pennyman
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Stock Alerts! From Pennytobuck.com - Power 3 Medical Products Inc., Pwrm.ob, Arch Coal Inc., Nyse:ac Anaheim