Navistar International Corp. (NYSE:NAV) received an enthusiastic response from the more than 300 people in attendance at a launch event in Uluru, Northern Territory, Australia. The new products – the Cat® CT610 and Cat® CT630 – were developed by NC2, the joint venture between Caterpillar and Navistar. The trucks are being assembled in Tullamarine, Victoria and will be sold through a newly formed Australian network composed of select Cat® dealers.
Navistar International Corporation, through its subsidiaries, manufactures and markets commercial trucks, buses, diesel engines, military vehicles, and chassis for motor homes and step-vans.
Global Hunter Begins Surface Sampling Program
Global Hunter Corp. (TSX.V:BOB) (“Global Hunter”) is pleased to announce that it recently completed a surface sampling program at La Corona de Cobre.
The program was designed to collect large surface samples from the numerous prospective shear zones. This will aid in the definition of drill targets to expand on the copper oxide mineralization.
One of Global Hunter's top focus is on strategic and base metals - particularly copper and molybdenum. It is estimated that there are 12 million metric tons of molybdenum in the world.
What is Molybdenum Used for?
Molybdenum is used in steel alloys for its high corrosion resistance and weldability. The metal has found recent application as electrodes for electrically heated glass furnaces and forehearths. The metal is also used in nuclear energy applications and for missile and aircraft parts.
Molybdenum is also widely used in the petroleum industry, to catalyze the removal of organic sulfur compounds in coal liquification and gas liquification processes.
There are vast uses for copper metal.
How about Copper?
Copper metal and alloys have been used for thousands of years. In the Roman era, copper was principally mined on Cyprus, hence the origin of the name of the metal as Cyprium, "metal of Cyprus", later shortened to Cuprum.
Copper is easily stretched, molded, and shaped; is resistant to corrosion; and conducts heat and electricity efficiently. As a result, copper was important to early humans and continues to be a material of choice for a variety of domestic, industrial, and high-technology applications today.
The insides of the pans must be coated with tin, however, because too much copper in our food is toxic.
By far the most important use of copper is in electrical wiring; it is an excellent conductor of electricity (second only to silver), it can be made extremely pure, it corrodes very slowly, and it can be formed easily into thin wires — it is very ductile.
Future Plans for Global Hunter
Global Hunter intends to prepare a multi-hole drill program on the shear zones scheduled to begin early 2011 as part of its ongoing evaluation of its Corona de Cobre project.
In addition to sampling and drilling of the prospective shear zones at La Corona de Cobre mentioned above, The Company will continue its work on the Las Posadas resource over the coming months and will provide a summary of its progress as information becomes available.
Global Hunter Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. Global Hunter primarily explores for gold, copper, and base and precious metals. Global Hunter was founded in 1988 and is headquartered in Vancouver, Canada. Copyright CRWEpicks.com
Airgas Inc. (NYSE:ARG) announced that it has extended by 10 business days the expiration date of its tender offer for all outstanding common shares of Airgas, Inc. (NYSE:ARG) for $65.50 per share in cash. The offer and withdrawal rights are now scheduled to expire at 12:00 midnight New York City time on December 17, 2010. The tender offer was previously scheduled to expire on December 3, 2010. The offer is being extended to enable the Delaware Chancery Court to render a decision on pending litigation between Air Products and Airgas.
Airgas, Inc., through its subsidiaries, distributes industrial, medical, and specialty gases, as well as hardgoods in the United States.
Hiru Corporation (OTCPK:HIRU)
Hiru Corporation is considering a merger with a Canada-based health products company. This company operates a full-service natural health clinic and distributes its signature brand of health products.
The company’s various products promote brain health, pain management and hormone balance, and help combat high blood pressure and high cholesterol.
These products come highly regarded by the Chinese market, and have already received positive online testimonials from consumers who say using the products improved their health.
Services at the natural health clinic include specialty massage, EIS scanning, acupuncture, and computer-guided biofeedback scanning.
HIRU is excited at the prospect of merging with this growing medical company, which has distributors and franchise outlets opening across the country. The name, revenues and all other details will be released by the company shortly, as the discussions progress. HIRU is of the opinion that this is a material event that warrants a public announcement.
In other corporate news, HIRU intends to rescind the 5-1 forward split previously under consideration, as upon further review the management is of the opinion that this course of action would not be in the best interest of the shareholders.
Hiru Corporation operates through its subsidiary, Jiangxi RongYu Pharmaceutical Group Inc., is a producer of Chinese herbs for the naturopathic industry in China. Jiangxi RongYu Pharmaceutical Group Co., Ltd. focuses on producing and manufacturing of herbs, herbal extracts and herbal preparations.
HIRU’s products are based on the traditional Chinese systems. HIRU researches and develops dosage approaches and health applications of these traditional recipes. On December 3, 2009, HIRU completed the merger with the China-based company Jiangxi RongYu Pharmaceutical Group Inc.
To learn more about HIRU visit: http://www.hirucorporation.com
Donaldson Company, Inc. (NYSE:DCI) announced that its Board of Directors has increased the quarterly common stock cash dividend by 4 percent, marking the 25th consecutive year of dividend increases.
The Board declared a regular cash dividend of 13 cents per share, payable December 17th to shareholders of record as of December 6th. As of October 31st, there were approximately 76,500,000 shares outstanding. The current declaration is the 221st consecutive quarterly cash dividend paid by Donaldson over a time span of 55 years.
Donaldson Company, Inc. engages in the manufacture and sale of filtration systems and replacement parts worldwide.
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