Hiru Corporation (PINK SHEETS:HIRU) (http://www.hirucorporation.com) subsidiary Jiangxi Shaungshi Pharmaceutical Co., Ltd (Shaungshi AHP) launched the Jiangxi Shaungshi Biological Medicines Institute.
Shuangshi AHP is currently researching several new veterinary drugs for development within the next two years. The company launched this new institute to strengthen and speed up the research and development processes. The Institute will allow the company a better focus and concentration of its talent in bio-tech development and research. Shaungshi AHP has elected Li Rui to be director of the institute.
The company intends to continue its work in the development, production and marketing of both well-established and new veterinary drugs, and nutritional additives (amino acids, vitamins, trace elements, etc.) for the Chinese market.
The company is pleased with this development and looks forward to future growth.
United Online, Inc. (Nasdaq:UNTD) a leading provider of consumer products and services over the Internet, announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share.
The dividend is payable on November 30, 2010 to shareholders of record on November 12, 2010. This marks the 23rd consecutive quarter that United Online will have paid a cash dividend to its shareholders. The payment of future dividends is discretionary and will be subject to determination by the Board of Directors each quarter following its review of the company’s financial performance and other factors.
United Online, Inc. (Nasdaq:UNTD) is a leading provider of consumer products and services over the Internet, where the company’s brands have attracted a large online audience that includes more than 60 million registered consumer accounts.
Lionbridge Technologies Inc. (Nasdaq:LIOX) lost more money in its third quarter than a year ago, pulled down by higher operating expenses. The company also gave a fourth-quarter revenue guidance below analysts' expectations. Its stock slumped $1.14, or 22.8 percent, to $3.86 in afternoon trading on Thursday November 4, 2010. The shares have traded between $1.85 and $6.21 over the past year.
Lionbridge Technologies, Inc. provides language, development, and testing services. Its Global Language and Content segment provides product localization services, such as creating foreign language versions of its clients? products and software applications, including the user interface, online help systems, and documentation; and content translation services, such as translating and maintaining clients? Web-based content, eLearning courseware and training materials, technical support, and sales and marketing information.
Fresenius Kabi Pharmaceuticals (Nasdaq:APCVZ) announced that it has filed its Form 10-Q with the Securities and Exchange Commission. APP Pharmaceuticals, Inc., which was acquired by Fresenius Kabi Pharmaceuticals Holding, Inc., is a member of the Fresenius Kabi Group. The Form 10-Q details the Company’s unaudited financial statements for the quarter ending September 30, 2010. Fresenius Kabi AG is the leader in infusion therapy and clinical nutrition in Europe and in its most important countries of Latin America and Asia Pacific. Fresenius Kabi’s core product range includes infusion solutions, blood volume substitutes, I.V. drugs and parenteral nutrition, as well as products for enteral nutrition.
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