Latest Corporation Stories

FORT LAUDERDALE, Fla., May 7, 2013 /PRNewswire/ -- FEEL Golf Co., Inc. (OTCBB: FEEL) through its wholly owned Florida based subsidiary, Intelligent Living Inc. is pleased to provide today a new strategic corporate direction and reorientation of its business. After a comprehensive review of the business model and current economic conditions, management has decided to shift the company's focus to leverage its expertise in the preventative health and wellness arena. Through investments,...

CLEVELAND and CLEARWATER, Fla., May 7, 2013 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm") (NYSE: TDG) and Aerosonic Corporation ("Aerosonic") (NYSE MKT: AIM) today announced that TransDigm's indirect wholly owned subsidiary, Buccaneer Acquisition Sub Inc. ("Purchaser"), has commenced a tender offer to acquire all of the outstanding shares of Aerosonic common stock for $7.75 per share in cash, without interest and less any applicable withholding taxes (the "Offer"). The...

KIRKLAND, Wash., May 3, 2013 /PRNewswire/ -- Pendrell Corporation (NASDAQ: PCO) (or "the Company") today filed its Form 10Q with the Securities and Exchange Commission for the most recent quarter ending on March 31, 2013. In conjunction with its quarterly filing, the Company published investor materials on its website, which provides updates on its business operations, intellectual property portfolio and investments. ABOUT PENDRELL Pendrell Corporation, through its...

OLATHE, Kan., May 2, 2013 /PRNewswire/ -- Butler National Corporation (OTC QB: BUKS), a leader in the growing global market for structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of management services in diverse business groups, announces it has closed the sale of the Company's waste water monitoring business to Beadle Enterprises, LLC. Beadle Enterprises, LLC is a South-Florida based company operating through its wholly owned subsidiary Pump...

CHLORIDE, AZ, May 2, 2013 /PRNewswire/ - Hondo Minerals Corporation (OTCBB: HMNC.OB) ("Hondo," "Hondo Minerals" or the "Company") today announces that the Company has entered into a binding Letter of Intent with Crowncorp Investments Corporation, a Texas corporation ("Crowncorp"), for the sale of 100% of the Company's assets and issued and outstanding stock for a purchase price of $88 million, which includes $13 million in working capital to be retained in the Company post-closing...

SHENYANG, China, May 2, 2013 /PRNewswire/ -- 3SBio Inc. (NASDAQ: SSRX) ("3SBio" or the "Company"), a leading China-based biotechnology company focused on researching, developing, manufacturing, and marketing biopharmaceutical products, today announced that its extraordinary general meeting of shareholders (the "EGM") that was previously adjourned on April 25, 2013 will be held on May 24, 2013, at 10:00am, Beijing time, at the Company's offices located at 15/A-D, Huaxin...

"Material Risk" Prompts Leading Proxy Advisor ISS to Recommend Shareholders Withhold Votes from Five Directors WASHINGTON, April 30, 2013 /PRNewswire-USNewswire/ -- ISS, the country's largest proxy voting advisory firm, issued a report yesterday recommending that shareholders withhold votes from all members of the Swift Transportation Company [NYSE: SWFT] Board of Directors' Audit Committee over concerns about the CEO's extensive pledging of stock. (Logo:...

PITTSBURGH, April 30, 2013 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that the Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The dividend is payable June 10, 2013, to stockholders of record at the close of business May 14, 2013. For more information about U. S. Steel, visit www.ussteel.com. SOURCE United States Steel Corporation

Urges Shareholders to Vote their WHITE Proxy Card for the Two Highly Qualified Independent Directors the Board has Nominated for Re-election WALTHAM, Mass., April 30, 2013 /PRNewswire/ -- The Board of Directors of Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-family housing, today issued the following letter to shareholders urging them to vote their WHITE proxy card for the two highly qualified independent directors...

MONTREAL, April 30, 2013 /CNW Telbec/ - ACE Aviation Holdings Inc. (ACE) today reported full year results for 2012, and provided an update with respect to its liquidation process. 2012 Annual Results For 2012, ACE recorded a reduction in net assets in liquidation of $250 million. This reduction was primarily due to the distribution to shareholders of $275 million which was paid in the second quarter of 2012. The distribution was partly offset by an increase in the market...