latest news releases from the newsroom
Legend Media, Inc.
Chief Executive Officer of Legend Media, Inc. Appears On Fox Business Network
BEIJING, July 24, 2008 (PRIME NEWSWIRE) -- Jeffrey Dash, President and Chief Executive Officer of Legend Media, Inc. (OTCBB:LEGE) (Frankfurt:LM2), a rapidly growing advertising business focused on the Chinese radio market, appeared today on Money for Breakfast on the Fox Business Network.
RedChip Companies Inc.
RedChip Visibility Issues First Quarter 2008 Research Update On Imaging3
ORLANDO, Fla., July 24, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., today announced that it has issued a first quarter 2008 research update for Imaging3, Inc. (OTCBB:IMGG), a manufacturer, distributor, and third-party service provider of medical devices with a breakthrough patented medical diagnostic imaging technology, the Dominion Vi Scanner.
Roy Jacobs & Associates
Roy Jacobs & Associates Announces Investigation of Zimmer Holdings Inc. for Possible Securities Law and Other Violations
NEW YORK, July 24, 2008 (PRIME NEWSWIRE) -- Roy Jacobs & Associates announces that it is investigating Zimmer Holdings Inc. ("Zimmer" or the "Company", NYSE:ZMH) for securities law and other violations in light of the revelation on July 23, 2008 that high rates of repeat surgery involving one of its key products, the Durom Cup hip replacement component, caused the Company to suspend the product's U.S. sales. The Company also cut its 2008 financial forecast, largely because it projected a loss of $20 million to $30 million in hip-products sales related to the Durom suspension. It is expected that the product will be off market into 2009, and analysts predict that much of the lost revenue will not return. Upon the revelation of this information, Zimmer shares dropped over $4.00 on greatly increased volume.