Marine Products Corp. (NYSE:MPX) announced that it will release its financial results for the fourth quarter and year ended December 31, 2010 on Wednesday, January 26, 2011 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Wednesday, January 26, 2011 at 8:00 a.m. Eastern Time. Individuals wishing to participate in the conference call should dial (888) 791-4309 or (913) 312-1403 for international callers, and use conference ID# 1421016. For interested individuals unable to join via telephone, the call also will be broadcast and archived for 90 days on the Company's investor Web site at www.marineproductscorp.com.
Marine Products Corporation, through its subsidiaries, engages in the design, manufacture, and sale of recreational fiberglass powerboats in the sportboat, deckboat, cruiser, sport yacht, and sport fishing markets in the United States and internationally.
American Video Teleconferencing Corp. (PINK:AVOT) is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.
Molybdenum is the 54th most abundant element in the Earth's crust and the 25th most abundant element in the oceans, with an average of 10 parts per billion; it is the 42nd most abundant element in the Universe. The ability of molybdenum to withstand extreme temperatures without significantly expanding or softening makes it useful in applications that involve intense heat, including the manufacture of aircraft parts, electrical contacts, industrial motors and filaments. Most high-strength steel alloys (example 41xx steels) contain 0.25% to 8% molybdenum. Despite such small portions, more than 43,000 tonnes of molybdenum are used as an alloying agent each year in stainless steels, tool steels, cast irons and high-temperature superalloys.
Enzo Biochem, Inc. (NYSE:ENZ) is a leading life sciences and biotechnology company focused on harnessing genetic processes to develop research tools, diagnostics and therapeutics and provides reference laboratory services to the medical community.
The business activities of Enzo Biochem are performed by the company's three wholly owned subsidiaries . . . Enzo Life Sciences, Enzo Therapeutics and Enzo Clinical Labs. Such activities include research and development, manufacturing and marketing of biomedical research products and tools through Enzo Life Sciences and research and development of therapeutic products through Enzo Therapeutics and the operation of a regional clinical reference laboratory through Enzo Clinical Labs.
Enzo Biochem, Inc. reported improved sequential results for the first fiscal quarter ended October 31, 2010, the result of recent programs to reduce expenses, consolidate activities and expand operations.
Fortress Investment Group LLC (NYSE:FIG) received the highest ranking from the Central Bank of Brazil for the accuracy of its interest rate forecasts. The Top Five Forecasting Institutions Report, produced monthly by the Central Bank of Brazil, is derived from the Bank's weekly survey of expectations and includes forecasts from more than 100 institutions. The report was created to highlight the institutions that have had the most accurate forecasts in a given period and is intended to encourage increased investment in macroeconomic research.
Fortress Investment Group LLC is a publicly owned investment manager. The firm provides its services to pension funds, endowments and foundations, financial institutions, funds of funds and high net worth individuals. It manages hedge funds and publicly traded alternative investment vehicles.
LIN TV Corp. (NYSE:TVL) announced the expansion of its Minority Scholarship and Training Program to include a new two-year scholarship and internship for multicultural students pursuing a career in digital media. LIN Media has been awarding two-year scholarships to ambitious students interested in a wide spectrum of fields in or relating to broadcast television since 1998.
LIN TV Corp., together with its subsidiaries, operates as a local television and digital media company, owning and/or operating 28 television stations in 17 U.S. markets, all of which are affiliated with a national broadcast network. Its stations deliver local news and community stories, along with sports and entertainment programming.
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