MGM, LOW, SNRS, THRR, IHSN: Market Leaders for April 16, 2010
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(EMAILWIRE.COM, April 16, 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.
Sunrise Consulting Group (SNRS)
Innovative Health Sciences (IHSN)
Thresher Industries (THRR)
Lowes Companies Inc (LOW)
MGM Mirage (MGM)
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Sunrise Consulting Group (SNRS)
Sunrise Consulting Group, Inc. will be one of the pioneers in bringing Chinese companies to be listed on the USA Exchanges such as OTC, Nasdag, Amex, & NYSE. These companies are mainly from mainland China. Profiles of companies include those from China, Hong Kong, Laos, Vietnam, Malaysia, Australia and others in the Pacific Rim & Southeast Asia.
Their Vision is to be a premier investment banking and financial group in Asia & Pacific Rim, bringing value to small and medium sized companies in Asia. They will also bring them Public to the United States. They have successfully established themselves in the American capital market and aspire to have a presence in the region where possible moving forward for mergers and acquisitions.
___________________________
Innovative Health Sciences (IHSN)
Innovative Health Sciences (IHSN) has had in the last week a great momentum accumulation and with its recent acquisition of HM3 Media, IHSN is positioned to launch multiple new products, taking advantage of an innovative sales system.
IHSN is preparing to launch products in the Personal Fitness Market, squarely taking aim at a multi million dollar industry. The past success of HM3 in this industry combined with the business savvy of IHSN make this venture an almost guaranteed success.
___________________________
Thresher Industries (THRR)
Thresher Industries (THRR) has for the past weeks been the darling company of the OTC markets. Rumors have been plentiful and facts have been even more abundant. THRR is poised to complete its sale transaction for April 30, 2010 and rumors have it that all the filings regarding the sale are complete and that the due diligence process is well on its way.
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Lowes Companies Inc (LOW)
Lowe's Companies, Inc. announced that it has agreed to sell $500 million of 4.625 percent Notes due 2020 and $500 million of 5.80 percent Notes due 2040.
In a release, the Company noted that it estimates that the net proceeds from this offering will be approximately $990.7 million, after deducting estimated offering expenses and the underwriters' discounts. Lowe's plans to use $500 million of the net proceeds from the sale of the notes to repay its 8.25 percent Notes due June 1, at maturity, and to use the balance for general corporate purposes, including capital expenditures and working capital needs, and to fund repurchases of shares of its common stock. Closing is expected to occur on April 15.
Bank of America Securities, J.P. Morgan Securities Inc., and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for the notes offering.
Over the last 52 weeks the stock has ranged from a low of $18.02 to a high of $26.63. Lowe's has been showing support around $25.95 and resistance in the $26.95 range. Technical indicators for the stock are neutral and S&P gives LOW a neutral 3 STARS (out of 5) hold ranking.
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MGM Mirage (MGM)
MGM MIRAGE announced that it has priced $1.0 billion in aggregate principal amount of its 4.25% convertible senior notes due 2015. The transaction is expected to close on April 20, 2010, subject to satisfaction of various customary closing conditions. The Company has granted to the initial purchasers an option to purchase up to $150.0 million in aggregate principal amount of additional notes to cover over-allotments. The Company plans to use the net proceeds from the offering to repay a portion of its outstanding revolving indebtedness under its senior credit facility. The notes will be general unsecured senior obligations of the Company, guaranteed by substantially all of the Company's wholly-owned domestic subsidiaries, which also guarantee the Company's other senior indebtedness, and equal in right of payment with, or senior to, all existing or future unsecured indebtedness of the Company and each guarantor.
The notes will pay interest semi-annually at a rate of 4.25% per annum and mature on April 15, 2015. The notes will be convertible at an initial conversion rate of approximately 53.83 shares of the Company's common stock per $1,000 principal amount of the notes, representing an initial conversion price of approximately $18.58 per share of the Company's common stock and a conversion premium of 27.5% based on the last reported sale price per share of the Company's common stock on the New York Stock Exchange on April 15, 2010 of $14.57 per share.
___________________________
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.
Sunrise Consulting Group (SNRS)
Innovative Health Sciences (IHSN)
Thresher Industries (THRR)
Lowes Companies Inc (LOW)
MGM Mirage (MGM)
___________________________
Sunrise Consulting Group (SNRS)
Sunrise Consulting Group, Inc. will be one of the pioneers in bringing Chinese companies to be listed on the USA Exchanges such as OTC, Nasdag, Amex, & NYSE. These companies are mainly from mainland China. Profiles of companies include those from China, Hong Kong, Laos, Vietnam, Malaysia, Australia and others in the Pacific Rim & Southeast Asia.
Their Vision is to be a premier investment banking and financial group in Asia & Pacific Rim, bringing value to small and medium sized companies in Asia. They will also bring them Public to the United States. They have successfully established themselves in the American capital market and aspire to have a presence in the region where possible moving forward for mergers and acquisitions.
___________________________
Innovative Health Sciences (IHSN)
Innovative Health Sciences (IHSN) has had in the last week a great momentum accumulation and with its recent acquisition of HM3 Media, IHSN is positioned to launch multiple new products, taking advantage of an innovative sales system.
IHSN is preparing to launch products in the Personal Fitness Market, squarely taking aim at a multi million dollar industry. The past success of HM3 in this industry combined with the business savvy of IHSN make this venture an almost guaranteed success.
___________________________
Thresher Industries (THRR)
Thresher Industries (THRR) has for the past weeks been the darling company of the OTC markets. Rumors have been plentiful and facts have been even more abundant. THRR is poised to complete its sale transaction for April 30, 2010 and rumors have it that all the filings regarding the sale are complete and that the due diligence process is well on its way.
___________________________
Lowes Companies Inc (LOW)
Lowe's Companies, Inc. announced that it has agreed to sell $500 million of 4.625 percent Notes due 2020 and $500 million of 5.80 percent Notes due 2040.
In a release, the Company noted that it estimates that the net proceeds from this offering will be approximately $990.7 million, after deducting estimated offering expenses and the underwriters' discounts. Lowe's plans to use $500 million of the net proceeds from the sale of the notes to repay its 8.25 percent Notes due June 1, at maturity, and to use the balance for general corporate purposes, including capital expenditures and working capital needs, and to fund repurchases of shares of its common stock. Closing is expected to occur on April 15.
Bank of America Securities, J.P. Morgan Securities Inc., and SunTrust Robinson Humphrey, Inc. are acting as joint book-running managers for the notes offering.
Over the last 52 weeks the stock has ranged from a low of $18.02 to a high of $26.63. Lowe's has been showing support around $25.95 and resistance in the $26.95 range. Technical indicators for the stock are neutral and S&P gives LOW a neutral 3 STARS (out of 5) hold ranking.
___________________________
MGM Mirage (MGM)
MGM MIRAGE announced that it has priced $1.0 billion in aggregate principal amount of its 4.25% convertible senior notes due 2015. The transaction is expected to close on April 20, 2010, subject to satisfaction of various customary closing conditions. The Company has granted to the initial purchasers an option to purchase up to $150.0 million in aggregate principal amount of additional notes to cover over-allotments. The Company plans to use the net proceeds from the offering to repay a portion of its outstanding revolving indebtedness under its senior credit facility. The notes will be general unsecured senior obligations of the Company, guaranteed by substantially all of the Company's wholly-owned domestic subsidiaries, which also guarantee the Company's other senior indebtedness, and equal in right of payment with, or senior to, all existing or future unsecured indebtedness of the Company and each guarantor.
The notes will pay interest semi-annually at a rate of 4.25% per annum and mature on April 15, 2015. The notes will be convertible at an initial conversion rate of approximately 53.83 shares of the Company's common stock per $1,000 principal amount of the notes, representing an initial conversion price of approximately $18.58 per share of the Company's common stock and a conversion premium of 27.5% based on the last reported sale price per share of the Company's common stock on the New York Stock Exchange on April 15, 2010 of $14.57 per share.
___________________________
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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Fabrizio Di Carlo
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Penny Stock Finder
Fabrizio Di Carlo
Tel: 1518-641-1390
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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