latest news releases from the newsroom
Beacon Enterprise Solutions Group, Inc.
Beacon Solutions Completes Ancillary Offering
LOUISVILLE, Ky., CINCINNATI and COLUMBUS, Ohio, March 11, 2008 (PRIME NEWSWIRE) -- Beacon Enterprise Solutions Group, Inc. (OTCBB:BEAC) today announced that the Company recently completed an additional $772,800 private placement of Preferred Stock and Warrants to accredited investors. The private placement consisted of 7.728 Units sold at a purchase price of $100,000 per Unit, with each Unit comprised of 100 Series "A-1" Preferred Shares and a five year warrant to purchase 66,667 Common Shares at a purchase price of $1.00 per share.
Dow Jones Indexes
Dow Jones Indexes and Transparent Value LLC Launch the Dow Jones RBP Large-Cap 130/30 Indexes
NEW YORK, March 11, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and Transparent Value LLC today announced the launch of the Dow Jones Required Business Performance (RBP) Index series. The new indexes measure the likelihood that a company can deliver the performance required to support its current stock price according to Transparent Value's proprietary RBP methodology. The Dow Jones RBP Large-Cap 130/30 Indexes, the first indexes in the series, use the RBP probability metrics to create 130/30 investment strategy indexes based on U.S. large-cap stocks.
North American Companies in Jeopardy of Missing EU Legislation Deadline
NEW YORK, March 11, 2008 (PRIME NEWSWIRE) -- Despite a November 30 deadline, business leaders appear lax about taking steps to comply with the Registration, Evaluation and Authorization of Chemicals legislation, or REACH, according to a survey released today by PricewaterhouseCoopers, titled "Waking up to REACH." Two-thirds of North American organizations have limited knowledge of the operational impacts the European Union (EU) legislation could have on their business. There is also concern that North American companies will miss important REACH deadlines, consequently suffering significant business disruptions.