latest news releases from the newsroom
Optimism About the U.S. and World Economies Drops to Single Digits Among Senior Executives of Consumer Products Companies, According to PricewaterhouseCoopers LLP
NEW YORK, Dec. 4, 2008 (GLOBE NEWSWIRE) -- Reaction to the global economic slowdown continues to be reflected in reduced optimism about the 12-month outlook for the U.S. economy among senior executives of consumer products companies, according to the third quarter edition of the PricewaterhouseCoopers LLP Consumer Products Barometer. In the third quarter of 2008, only 9 percent of respondents are optimistic about the U.S. economy versus 17 percent in the second quarter; and Q3 2008 results represent a 20 point drop from the 29 percent that were optimistic in the third quarter of 2007. Uncertainty about the world economy also increased for respondents selling abroad, with only 6 percent expressing optimism, down from 17 percent during the second quarter.
Competitive Technologies, Inc.
Competitive Technologies to Submit Compliance Plan to NYSE Alternext
FAIRFIELD, Conn., Dec. 4, 2008 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (NYSE Alternext US:CTT) announced today that it has been notified by the NYSE Alternext US that CTT is in financial non-compliance with continued listing standards of the exchange. Under the standards, CTT has 30 days to respond with a business plan that demonstrates its ability to achieve, within 18 months, compliance with the listing standards. CTT will submit such a plan. In the meantime, the stock continues to trade at NYSE Alternext US.