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  • STZ, EEGI, URI, RSH - Stock News From DrStockPick.com! 0 comments
    Nov 12, 2010 1:00 PM

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    Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) has entered into merger discussions with China-based video game designer Vu365.

    EEGI management feels that this is a significant event that merits reporting to the market. Management believes that this merger is imminent, as Vu365 has been looking to enter the USA markets for quite some time, and virtually exhausted its patience in discussion with another publicly traded company. EEGI management, being able to accommodate VU365 needs, is taking aggressive action. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.

    Vu365, a China-based gaming company, has over 30 employees. Founded in 2005, the group operates web and casual games. Vu365 has several products in development: an assortment of strategic web games, cyber games and 3-D large scale competitive games. Vu365 has already garnered popularity as the sole agent of a Korean MMORPG (Massively Multiplayer Online Role-Playing Game), a game that accrued 3000 online gamers and a monthly residual income of almost 300,000 RMB (about $10,000.00 USD) from that single application alone.

    EEGI is excited about these new developments and will follow up with more updates shortly.

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    RadioShack Corp. (NYSE:RSH) a leading national retailer of innovative mobile technology products and services, announced that its Board of Directors has declared an annual cash dividend of $0.25 per share on the Company’s common stock, payable on December 16, 2010. The dividend is payable to stockholders of record at the close of business on November 26, 2010.

    RadioShack Corporation engages in the retail sale of consumer electronic goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations. Its products include postpaid and prepaid wireless handsets and communication devices.

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    United Rentals, Inc. (NYSE:URI) announced on November 11, 2010 that it will participate in the 2010 Citi North American Credit Conference on Wednesday, November 17, 2010. The conference will include a presentation by Michael Kneeland, chief executive officer and William Plummer, chief financial officer. The presentation, which is scheduled to begin at 9:10 a.m. (EST), will be available via the following link: www.veracast.com/webcasts/citigroup/cred.... The presentation may also be accessed on ur.com, where it will be archived.

    United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States, Canada, and Mexico. It offers approximately 3,000 classes of equipment, which include general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, including boom lifts and scissor lifts; general tools and light equipment.

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    Constellation Brands Inc. (NYSE:STZ) the world’s leading wine company, announced that Chief Financial Officer Bob Ryder will present at the Morgan Stanley Global Consumer and Retail Conference on Tuesday, Nov. 16, 2010 at the Roosevelt Hotel, 45 East 45th Street at Madison Avenue, in New York City. The presentation, which is scheduled to begin at 9:10 a.m. EST, will provide an overview of the company’s financial performance, as well as its strategic and operational focus. A live audio webcast of the presentation can be accessed on the Constellation Brands Internet Web site by following the instructions in the “Investors” section.

    Constellation Brands, Inc., together with its subsidiaries, engages in the production and marketing of beverage alcohol brands in wine, spirits, and imported beer categories. The company operates through Constellation Wines and Crown Imports divisions. The Constellation Wines division produces table wines, sparkling wines, and dessert wines.

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