F, UAL, THRR, ORFG, Market Leaders for April 8, 2010
PennyStockFinder.com offers a media source for publicly traded companies who wish to share their companies' success stories with investors and business opportunists.
(EMAILWIRE.COM, April 8, 2010 ) New York, NY -PennyStockFinder.com offers a wide variety of services to both investors and public companies. Whether you are an investor seeking an investment opportunity or a public company seeking to reach the investment community, PennyStockFinder.com can bridge the gap. We encourage investors to take advantage of our trading tools. You may perform your own DD to help make the right investment choices. Visit www.pennystockfinder.com to better educate yourself in order in order to become a more profitable investor.
PennyStockFinder.com offers a media source for publicly traded companies who wish to share their companies' success stories with investors and business opportunists. Our services can provide vast exposure, thereby creating added market awareness, and thus creating new investment and business opportunities. If you are interested in our services and profiling your company on our website, please contact us for more information.
PennyStockFinder.com goal is to provide investors and stockbrokers with timely financial news, data and links to valuable investment tools (i.e., Stock quotes, stock charts, stock research, stock message boards, etc.) to assist in making informed decisions about small cap investments.
OroFino Gold (ORFG)
Thresher Industries (THRR)
Ford (F)
United Airlines – UAL Corporation (UAUA)
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OroFino Gold
Orofino Gold Corp. - Gold samples run over 200 grams per tonne (that is 6.25 ounces)
HONG KONG, April 8 - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper have been re-assayed, these results are attached below. These results give the company four very strong targets and two extremely rich structures to target for Gold and Copper. The company will now implement an airborne magnetometer program as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.
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Thresher Industries
Thresher Industries Continues Due Diligence on Potential Buyer
HANFORD, Calif., April 8 -- Thresher Industries, Inc. (Pink Sheets: THRR), provided an update today regarding the sale of the Company. Thresher's management team and counsel are continuing with a thorough diligence review with the potential buyer of the Company.
Tom Flessner, CEO of Thresher Industries, Inc., stated, "We are proceeding to work as quickly as possible to complete the sale of the Company. We are confident that our potential buyer will satisfy all our due diligence requirements. Now it is just a matter of completing each step in the detailed review process. We are working closely with the buyer to finalize the transaction and have set a close date of April 30, 2010. As always, we appreciate our shareholders patience and thank you for your continued support."
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Ford Motor Company
Ford Announces New Investment in Argentina for New Product, Plant Improvements, Quality Upgrades
BUENOS AIRES, Argentina, April 7 Alan Mulally, president and chief executive officer of Ford Motor Company (NYSE: F), today announced a new ARS 1.000 billion (U.S. $250 million) investment in its operations here during a meeting with Argentina President Cristina Fernandez de Kirchner.
The investment, which will be made between 2010 and 2012, will be dedicated to the production of an all-new vehicle currently not in production in any part of the world. In addition, the new investment will fund quality upgrades and improvements at the Ford Pacheco Plant in Argentina, which will manufacture this new vehicle for Ford's Latin America markets.
"One of the key elements of our ONE Ford Plan is the development of new global vehicles, offering customers around the world best-in-class safety, quality, fuel efficiency, smart design and value," Mulally said. "Today's investment announcement about bringing a new global vehicle to our operations here speaks about Ford Argentina's important role in this plan."
Through its investments in Argentina and Brazil, Ford is demonstrating its high expectations on the opportunities and growth potential for the Mercosur Region. The ONE Ford Plan includes a long-term growth strategy for South America and calls for Ford Argentina to play a key role in supplying key products for the Latin American markets.
"Our plan is to deliver even more new products and technologies people really want and value in markets around the world – including Argentina," Mulally said. "Ford is celebrating its 97th year in Argentina this year, and we're committed to continue delivering great products for customers here and supporting the communities where we operate."
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UAL Corporation – United Airlines
US Airways and UAL discussed a merger in 2000 and again in 2008.
The chief executives of both airlines are vocal proponents of consolidation for an industry that has long suffered from competitive pressures and overcapacity.
The last merger of two major U.S. airlines was between Delta Air Lines (DAL.N) and Northwest Airlines in 2008.
United Airlines parent UAL shares were up 7.55 percent at $20.38 on Nasdaq. US Airways shares were up 13.78 percent at $7.76 on the New York Stock Exchange.
"We think a deal would help what we see as US Airways' main problem, a lack of international breadth and scale, while United would gain control over a low cost airline with strong domestic route map," said Jim Corridore, equity analyst at Standard & Poors'.
"Airline mergers are complex and unions, antitrust regulators or other circumstances could derail a deal," he said.
"We are positive on US Airways shares based on improving airline industry fundamentals and keep our $10 target price."
Reuters Breaking Views columns [BRV] (Reporting by Kyle Peterson; Editing by Derek Caney)
___________________________________________________________________
PennyStockFinder.com offers a wide variety of services to both investors and public companies. Whether you are an investor seeking an investment opportunity or a public company seeking to reach the investment community, http://www.PennyStockFinder.com can bridge the gap. We encourage investors to take advantage of our trading tools. You may perform your own DD to help make the right investment choices. Visit our Market Education page to better educate yourself in order to become a more profitable investor. PennyStockFinder.com goal is to provide investors and stockbrokers with timely financial news, data and links to valuable investment tools (i.e., stock quotes, stock charts, stock research, stock message boards, etc.) to assist in making informed decisions about small cap investments.
Release of Liability: Through use of this website viewing or using you agree to hold http://www.PennyStockFinder.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources, which we believe to be reliable, but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. PennyStockFinder.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice, which may negatively affect the market. PennyStockFinder.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and http://www.PennyStockFinder.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. PennyStockFinder.com, nor any of its affiliates are not registered investment advisors or a broker dealers.
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Press release service and press release distribution by EmailWire.Com - http://www.emailwire.com/press_release_distribution_lists.php
PennyStockFinder.com offers a media source for publicly traded companies who wish to share their companies' success stories with investors and business opportunists. Our services can provide vast exposure, thereby creating added market awareness, and thus creating new investment and business opportunities. If you are interested in our services and profiling your company on our website, please contact us for more information.
PennyStockFinder.com goal is to provide investors and stockbrokers with timely financial news, data and links to valuable investment tools (i.e., Stock quotes, stock charts, stock research, stock message boards, etc.) to assist in making informed decisions about small cap investments.
OroFino Gold (ORFG)
Thresher Industries (THRR)
Ford (F)
United Airlines – UAL Corporation (UAUA)
___________________________________________________________________
OroFino Gold
Orofino Gold Corp. - Gold samples run over 200 grams per tonne (that is 6.25 ounces)
HONG KONG, April 8 - Orofino Gold Corp. (PINK OTC: ORFG) ("Orofino Gold" or the "Company") is pleased to announce that the results from mineralized and un-mineralized material samples, as well as selected representative samples collected from its Colombian projects that ran higher than expected in gold, silver and copper have been re-assayed, these results are attached below. These results give the company four very strong targets and two extremely rich structures to target for Gold and Copper. The company will now implement an airborne magnetometer program as well as begin site preparation for the diamond drilling planned to take place in the second quarter of 2010.
___________________________________________________________________
Thresher Industries
Thresher Industries Continues Due Diligence on Potential Buyer
HANFORD, Calif., April 8 -- Thresher Industries, Inc. (Pink Sheets: THRR), provided an update today regarding the sale of the Company. Thresher's management team and counsel are continuing with a thorough diligence review with the potential buyer of the Company.
Tom Flessner, CEO of Thresher Industries, Inc., stated, "We are proceeding to work as quickly as possible to complete the sale of the Company. We are confident that our potential buyer will satisfy all our due diligence requirements. Now it is just a matter of completing each step in the detailed review process. We are working closely with the buyer to finalize the transaction and have set a close date of April 30, 2010. As always, we appreciate our shareholders patience and thank you for your continued support."
___________________________________________________________________
Ford Motor Company
Ford Announces New Investment in Argentina for New Product, Plant Improvements, Quality Upgrades
BUENOS AIRES, Argentina, April 7 Alan Mulally, president and chief executive officer of Ford Motor Company (NYSE: F), today announced a new ARS 1.000 billion (U.S. $250 million) investment in its operations here during a meeting with Argentina President Cristina Fernandez de Kirchner.
The investment, which will be made between 2010 and 2012, will be dedicated to the production of an all-new vehicle currently not in production in any part of the world. In addition, the new investment will fund quality upgrades and improvements at the Ford Pacheco Plant in Argentina, which will manufacture this new vehicle for Ford's Latin America markets.
"One of the key elements of our ONE Ford Plan is the development of new global vehicles, offering customers around the world best-in-class safety, quality, fuel efficiency, smart design and value," Mulally said. "Today's investment announcement about bringing a new global vehicle to our operations here speaks about Ford Argentina's important role in this plan."
Through its investments in Argentina and Brazil, Ford is demonstrating its high expectations on the opportunities and growth potential for the Mercosur Region. The ONE Ford Plan includes a long-term growth strategy for South America and calls for Ford Argentina to play a key role in supplying key products for the Latin American markets.
"Our plan is to deliver even more new products and technologies people really want and value in markets around the world – including Argentina," Mulally said. "Ford is celebrating its 97th year in Argentina this year, and we're committed to continue delivering great products for customers here and supporting the communities where we operate."
___________________________________________________________________
UAL Corporation – United Airlines
US Airways and UAL discussed a merger in 2000 and again in 2008.
The chief executives of both airlines are vocal proponents of consolidation for an industry that has long suffered from competitive pressures and overcapacity.
The last merger of two major U.S. airlines was between Delta Air Lines (DAL.N) and Northwest Airlines in 2008.
United Airlines parent UAL shares were up 7.55 percent at $20.38 on Nasdaq. US Airways shares were up 13.78 percent at $7.76 on the New York Stock Exchange.
"We think a deal would help what we see as US Airways' main problem, a lack of international breadth and scale, while United would gain control over a low cost airline with strong domestic route map," said Jim Corridore, equity analyst at Standard & Poors'.
"Airline mergers are complex and unions, antitrust regulators or other circumstances could derail a deal," he said.
"We are positive on US Airways shares based on improving airline industry fundamentals and keep our $10 target price."
Reuters Breaking Views columns [BRV] (Reporting by Kyle Peterson; Editing by Derek Caney)
___________________________________________________________________
PennyStockFinder.com offers a wide variety of services to both investors and public companies. Whether you are an investor seeking an investment opportunity or a public company seeking to reach the investment community, http://www.PennyStockFinder.com can bridge the gap. We encourage investors to take advantage of our trading tools. You may perform your own DD to help make the right investment choices. Visit our Market Education page to better educate yourself in order to become a more profitable investor. PennyStockFinder.com goal is to provide investors and stockbrokers with timely financial news, data and links to valuable investment tools (i.e., stock quotes, stock charts, stock research, stock message boards, etc.) to assist in making informed decisions about small cap investments.
Release of Liability: Through use of this website viewing or using you agree to hold http://www.PennyStockFinder.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources, which we believe to be reliable, but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. PennyStockFinder.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice, which may negatively affect the market. PennyStockFinder.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and http://www.PennyStockFinder.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. PennyStockFinder.com, nor any of its affiliates are not registered investment advisors or a broker dealers.
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