1. Home
  2. Articles posted by: Rona Fried (Page 1645)

NASDAQ Global Select Market Companies Named

The Nasdaq Stock Market, Inc. has named the companies that are included in its new listing tier, the NASDAQ Global Select Market. The new NASDAQ Global Select Market tier, which will become effective on July 3rd, has the highest listing standards in the world. Approximately 1200 companies qualify for this new market tier. NASDAQ will provide companies included in the new tier an array of specialized services. In conjunction with the creation of the new tier, NASDAQ will rename the NASDAQ National Market to the NASDAQ Global Market. Approximately 1450 companies will be included in the NASDAQ Global Market. The NASDAQ Capital Market will remain as is with approximately 550 companies within this segment. All three market tiers maintain rigorous listing and corporate governance standards and have the opportunity to leverage an array of NASDAQ corporate services. NASDAQ President and CEO Bob Greifeld noted , “NASDAQ companies are doing business on a global basis and we wanted to recognize that in the creation of our new listing tiers. We believe that the best quality companies will be attracted to the highest listing standards.” In celebration of NASDAQ’s 35 years of electronic trading, The NASDAQ Stock Market introduced the new listing […]

Read More

SunOpta Partners with Germany's Mikro-Technik

SunOpta, Inc. (Nasdaq:STKL; TSX:SOY) has entered into an exclusive licensing arrangement with Mikro-Technik GmbH & Co. KG of Burgstadt, Germany (Mikro-Technik) for the sales, marketing and distribution of Mikro-Technik’s wheat and bamboo fibers, and its powdered cellulose products in North America. These products, which are complementary to the current fiber portfolio of the SunOpta Ingredients Group, will be marketed under the SunOpta brand name. Art McEvily, President of SunOpta Ingredients commented that “The agreement between SunOpta Ingredients and Mikro-Technik is a strong step forward in meeting two important strategic goals: the diversification of our fiber portfolio, with varieties other than oat; and increasing the Company’s presence in the international arena. We look forward to working closely with Mikro-Technik to drive sales of these unique, functional fibers in the North American food industry.” Christian Bumm, Managing Director of Mikro-Technik commented: “We are pleased to have established this commercial relationship with SunOpta Ingredients. The collaborative effort will enable Mikro-Technik to expand in the food market while allowing us to remain focused on our core fiber development and manufacturing competencies.” The SunOpta Ingredients Group, an operating unit within the SunOpta Food Group, is a supplier of value-added, healthful ingredients to the global food […]

Read More

A New Wrinkle in Hybrids Does Away With Batteries

By Matthew L. Wald, June 25, 2006 BY now, hybrid vehicles are familiar enough that buyers find nothing peculiar about a car’s gasoline engine getting help from an electric motor. But just as drivers have grown comfortable with concepts like regenerative braking and issues like battery life expectancy, new types of hybrids are emerging ? including one that uses no electricity at all. For instance, a United Parcel Service delivery truck the government rolled out in Washington last week was equipped with a prototype hybrid system using hydraulic fluid and a high-pressure pump instead of electrical current and a generator. In this design, energy is stored in a series of pressurized tanks, rather than in nickel-metal hydride or lithium-ion batteries; the energy moves not as high voltage current in copper wires but as hydraulic fluid pressurized to thousands of pounds per square inch. Standing next to the truck painted with U.P.S.’s signature color, Stephen L. Johnson, administrator of the Environmental Protection Agency, said: “Brown is the new green.” The Army is testing a truck with similar technology and FedEx is watching with interest. The E.P.A., which holds some patents on the technology, has visions of full-size sedans that will go […]

Read More