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Hawaiian Electric Industries Inc. (NYSE:HE) will announce its 2010 financial results on Thursday, February 10, 2011. The Company also announced that it has scheduled an earnings conference call beginning at 8:00 a.m. Hawaii time (1:00 p.m. Eastern time) on February 11, 2011. Interested parties may listen to the conference by calling (866) 713-8307 and entering passcode: 10016892, or by listening to the webcast on the Hawaiian Electric Industries, Inc. (HEI) website at www.hei.com.
Hawaiian Electric Industries, Inc., through its subsidiaries, primarily engages in electric utility and banking businesses primarily in the state of Hawaii.
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American Video Teleconferencing Corp. (OTC:AVOT) recently announced that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
Presently AVOT is in the final stage of negotiations with Kondor Gold Pyt. in Australia.
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Power3 Medical Products, Inc. (OTC:PWRM) a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it has signed a definitive agreement to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in February 2011.
Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.
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Shaw Communications, Inc. (NYSE:SJR) recently announced that its Board of Directors has increased the equivalent annual dividend rate to $0.92 on Shaw's Class B Non-Voting Participating Shares and $0.9175 on Shaw's Class A Participating Shares. This represents an increase of 5% or $0.04 per share. Shaw's dividends are declared and paid on a monthly basis and this increase will commence March 30, 2011. The Company continues to deliver operational and financial results which demonstrate the strength of its competitive positive and prospects for future growth. Accordingly, Shaw's Board of Directors determined that a dividend increase at this time is an appropriate use of the Company's free cash flow.
Shaw Communications Inc., a diversified communications company, provides broadband cable television, Internet, digital phone, telecommunications, and satellite direct-to-home (DTH) services primarily in Canada and the United States.
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QR Energy, LP Common Units repr (NYSE:QRE) recently announced that the Board of Directors of its general partner has elected Stephen A. Thorington as an independent director. Mr. Thorington served as Executive Vice President and Chief Financial Officer of Plains Exploration & Production Company from 2002 until he retired from that position in 2006. He also served as Executive Vice President and Chief Financial Officer of Plains Resources, Inc. from 2002 until 2004. From 1999 to 2002 he was Senior Vice President-Finance & Corporate Development of Ocean Energy, Inc. and from 1996 until 1999 he was Vice President-Finance of Seagull Energy Company.
QR Energy, LP engages in the acquisition, ownership, and production of oil and natural gas properties in North America. The company’s properties are located in the Permian, Ark-La-Tex, Mid-Continent, and Gulf Coast regions on the United States.
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