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Hiru Corporation (OTCPK:HIRU)
Hiru Corporation(Other OTC: HIRU.PK) subsidiary Jiangxi Shuangshi Pharmaceutical Co., Ltd (Shuangshi AHP) met with representatives of the Chinese Ministry of Agriculture and pooled their views on the quality control of veterinary products in China.
China is the world’s largest livestock producer and consumer, and the safety and quality of food products is becoming an increasingly pressing concern. Shuangshi AHP general manager Xie Xue-Song presented Ministry of Agriculture representatives with the company’s views on the quality control of veterinary products delivered by the domestic veterinary pharmaceutical manufacturers.
Besides determining food safety regulations and policies, the Ministry of Agriculture also operates disease research laboratories and administers vaccinations and emergency responses for diseases. Based on the Shuangshi report, the director of Pharmaceutical Affairs, Diansheng Lin, and his team offered to provide Shuangshi AHP with additional research into these issues.
China’s government recently earmarked RMB 2.06 billion ($304 million USD) for the 2010 Ministry of Health immunization program and, following recent tainted food scandals, tightened food safety laws and inspections. By analysing current industry practices and recommending improvements, Shuangshi AHP aids the government in its effort to ensure quality food production and veterinary product safety in China.
Hiru Corporation operates through its subsidiary, Jiangxi Shaungshi Pharmaceutical Co., Ltd., is a producer of Chinese herbs for the naturopathic industry in China. Jiangxi Shaungshi Pharmaceutical Co., Ltd. focuses on producing and manufacturing of herbs, herbal extracts and herbal preparations. The company's products are based on the traditional Chinese systems. Company 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 Shaungshi Pharmaceutical Co., Ltd.
To learn more about HIRU visit: http://www.hirucorporation.com
East West Bancorp, Inc. (Nasdaq:EWBC) reported on Monday October 25, 2010 financial results for the third quarter of 2010. For the third quarter of 2010, net income was $47.0 million and net income available to common stockholders was $0.27 per diluted share. “We are pleased to report strong third quarter earnings of $47.0 million, an increase of 29% from the second quarter of 2010. East West has consistently improved core profitability each and every quarter in 2010.”
East West Bancorp, Inc. (East West) is a bank holding company. The principal business of the Company is to serve as a holding company for the East West Bank (the Bank) and other banking or banking-related subsidiaries.
Silver Standard Resources Inc. (NYSE:USA) (Nasdaq:SSRI) announced on Friday October 29, 2010 that it has entered into an agreement (the "Sale Agreement") to sell its Snowfield and Brucejack Projects in northern British Columbia to Pretium Resources Inc. ("Pretium"), a company formed to acquire and explore precious metals projects, led by Robert A. Quartermain. Under the terms of the Sale Agreement, Silver Standard will receive total consideration of $450 million, consisting of a minimum of $215 million in cash and the balance in common shares of Pretium valued at the offering price of such shares under an initial public offering being undertaken by Pretium (the "IPO").
Silver Standard Resources Inc. is a silver resource company that assembled a portfolio of silver-dominant projects located in seven countries in the Americas and Australia. The Company’s project, Pirquitas Project is focused on operating and producing silver.
Cisco Systems, Inc. (Nasdaq:CSCO) announce on Tuesday November 9, 2010 its first quarter fiscal year 2011 financial results for the quarter ending Saturday, October 30. Financial results will be released over Marketwire, as well as the European Business and Technical Wire after the close of the market on Wednesday, November 10, 2010. Cisco's quarterly earnings press release will be posted at www.cisco.com.
Cisco Systems, Inc. designs, manufactures, and sells Internet protocol (NYSE:IP)-based networking and other products related to the communications and information technology (NYSE:IT) industry and provide services associated with these products and their use.
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