Business News Archive - May 01, 2007

Electro Energy Inc. (NASDAQ: EEEI) announced today that Torc Investments & Research LLC, a NYSE and NASD registered broker-dealer, initiated coverage of the Company today with a "Buy" Rating and 12-month Price Target of $1.50-$2.00.

Word of the Day
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.