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PSY, TSX.V:BOB, IPG, EEGI.PK, YGE, - BlackRock, Global Hunter, Interpublic, Eline Entertainment and Yingli Green Energy Stock

Posted, by CRWESelect Stoc... on November 27th, 2010

BlackRock Credit Allocation Income Trust II, Inc. (NYSE:PSY) announced that counsel for the plaintiffs in a previously announced shareholder derivative action has filed a motion for a preliminary injunction enjoining PSY and BTZ from redeeming outstanding ARPS pending final resolution of the underlying action. BlackRock and the funds believe the motion is without merit and intend to vigorously oppose it and complete the previously announced redemption of ARPS by PSY and BTZ, although no assurance can be given as to whether or when the redemptions will be completed.
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At September 30, 2010, BlackRock’s assets under management were $3.446 trillion.

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Global Hunter Corp. (TSX.V:BOB) (FSE:G5D) has previously arranged a $2,500,000 loan to advance its Corona de Cobre project in Chile. The proceeds from the loan will be used by the Company to fund project expenses and for general working capital purposes.

Global Hunter Corp. focus is on strategic and base metals, particularly copper and molybdenum. The Company has built an outstanding portfolio of projects in the stable geopolitical geographies of Canada and Chile. Their exploration and development teams are on the ground rapidly advancing the La Corona de Cobre property near La Serena, Chile and the Rabbit South property in British Columbia, Canada. Either one of these projects could carry the company forward on a stand-alone basis, but together they bring the company additional stability, strength and value.

For more information about this company please visit http://www.globalhunter.ca/

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Interpublic Group of Companies, Inc. (NYSE:IPG) launched a new social crisis simulator, FireBell, creating an authentic, real-time experience of being under attack on social media channels. This proprietary application allows clients to participate in a real-time dialogue in a secure, off-the-Internet environment. The new application was designed in-house by Weber Shandwick software developers and social media strategists. It simulates crisis situations on multiple social media platforms including Facebook, YouTube, Twitter, Digg, LinkedIn and blogs.
The Interpublic Group of Companies, Inc., through its subsidiaries, provides advertising and marketing services worldwide.

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Eline Entertainment Group, Inc. (EEGI.PK) released a statement from Mr. Sheng Chen, CEO of subsidiary Vu365:

“We at Vu365 are thrilled to team with EEGI. The web and casual gaming industry is one of the fastest growing leisure market sectors worldwide. Ours is an exciting company with a top-quality product that is only growing in popularity through the boom in online gaming. We expect this partnership with EEGI to raise the value of our company, as we are now able to expand our software development efforts to add to our already successful list of popular video game titles.

“We fully expect our existing revenues, currently in the $2 million USD range, to rise as the various projects we have in development, including an assortment of strategic web games, cyber games and 3-D large scale competitive games, land in the marketplace. These are exciting times for Vu365, and we look forward to a successful partnership with EEGI.”

Eline Entertainment Group Inc. is a publicly traded company with two subsidiaries: Vu365 and Let the Good Times Roll .

For more information about this company please visit http://www.elineentertainment.com/

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Yingli Green Energy Holding Co. Ltd. (NYSE:YGE) announced that Yingli Green Energy has granted Applied its “Special Contribution Award” for excellence in optimizing the efficiency and productivity of Yingli’s solar photovoltaic (PV) cell manufacturing operations in Baoding, Hebei province, China. Applied Materials was one of only two equipment manufacturers among Yingli’s 200 suppliers to win this prestigious award. This was the highest honor given to Yingli’s business partners during its 1st Supplier Conference held recently in Baoding, China.
Yingli Green Energy Holding Company Limited, together with its subsidiaries, engages in the design, development, marketing, manufacture, installation, and sale of photovoltaic (PV) products in the People’s Republic of China and internationally.

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