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Prudential Financial, Inc. (NYSE:PRU) has added Prudential ProtectionSM Account to its suite of institutional retirement solutions in response to the unprecedented financial crises and plan sponsors’ demand for products with built-in guarantees. The new product is a principal and accrued interest guaranteed investment option for its 401(k) clients and their employees that is insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per participant. Stable Value products offered a safe haven for investors during the financial crises.
The Prudential ProtectionSM Account is an alternative stable value vehicle that allows for FDIC insurance for individual participants in 401(a) and 401(k) defined contribution plans and governmental 457 plans.
Prudential Financial, Inc., through its subsidiaries, provides various financial products and services in the United States, Asia, Europe, and Latin America.
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Orofino Gold Corp. (PINK OTC: ORFG) is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
Orofino Gold was founded as a private company in 2009 by former executives and management with over 50 years of combined mining exploration, finance and development experience.
Orofino's corporate objective is to continue to build shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
La Azul - Senderos de Oro Area
La Azul is one producing artesanal mine in the Senderos de Oro area controlled by ORFG, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.
It has been interpreted (by Shaw 1993) that the metallogenic zonation around the La Azul workings evokes a very viable “hidden porphyry” exploration model. This interpretation and the prospectivity of the area have been confirmed by the Orofino “qualified person” as per the 43-101 rules.
ORFG will move ahead aggressively in the last quarter of 2010 to persue the current interpretations, work programs and drilling will begin soon.
To learn about ORFG visit: http://www.orofinogold.com
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FMC Corp. (NYSE:FMC) announced the company will cease operations at its Foret phosphates plant in Huelva, Spain, by December 31, 2010. The closure is due to a Spanish judicial ruling that prohibits Foret from adding gypsum to storage stacks near the Huelva site after December 31, 2010. Gypsum is a byproduct of phosphoric acid production at the front end of the plant. Phosphoric acid is used to make sodium and calcium phosphates, including sodium tripolyphosphate (STPP) at the back end of the Huelva plant.
Foret has challenged the judicial ruling in the Spanish courts and although the case is now in the appeals stage, a final judgment could take up to three years. According to Javier Carratala, FMC Foret managing director, the company has pursued access to a long-term supply of phosphoric acid to maintain back-end operations at the plant, but has been unable to secure a viable supply.
FMC Corporation, a chemical company, provides solutions, applications, and products for agricultural, consumer, and industrial markets worldwide.
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Corporate Universe Inc. operates as a multi-media and software development, production, and distribution company.
To learn more about COUV visit: http://www.corp-universe.com
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Manpower Inc. (NYSE:MAN) a world leader in innovative workforce solutions, has warned that the mobility of highly-skilled talent and the training and education of workers need to be improved to address an era of talent scarcity that threatens to stall economic growth, as access to human capital replaces access to financial capital as the key competitive differentiator in the post-recession world.
Manpower Inc. provides employment services primarily in the United States, Canada, England, Germany, the Netherlands, South Africa, and Hong Kong.
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