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MRU Holdings Inc. (Nasdaq: UNCL) Closed at $5.69. Today announced that it has been informed by The NASDAQ Stock Market (NASDAQ) that it has approved the Company's application to list its securities on The NASDAQ Global Market. The Company's shares will begin trading at the open of trading today and will continue to trade under the symbol UNCL.
"Trading on the NASDAQ Global Market is another important milestone for MRU," said Edwin McGuinn, Chairman and CEO. "This placement provides enhanced visibility for the Company and opens the door to a new group of investors to take positions in MRU."
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Countrywide Financial Corporation (NYSE: CFC) Closed at $36.26. Today released operational data for the month ended June 30, 2007. Key operational results included the following:
-- Mortgage loan fundings for the month of June totaled $45 billion, an increase of 4 percent from June 2006.
-- Commercial real estate funding volume for the month of June was $814 million, up 75 percent from June 2006.
-- Average daily mortgage loan application activity for June 2007 was $3.1 billion, up 15 percent from June 2006. The mortgage loan pipeline was $69 billion at June 30, 2007 as compared to $65 billion at June 30, 2006.
-- The mortgage loan servicing portfolio continued to grow, reaching $1.4 trillion at June 30, 2007. This is an increase of $219 billion, or 18 percent, from June 30, 2006.
-- Banking Operations' assets were $90 billion at June 30, 2007, which compares to $84 billion at June 30, 2006.
-- Securities trading volume in the Capital Markets segment of $450 billion for June 2007 was 40 percent higher when compared to the same month last year.
-- Net earned premiums from the Insurance segment were $125 million, up 23 percent from June 2006.
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Progressive Gaming International Corporation (Nasaq: PGIC) Closed at $5.71. Announced today that the Nevada Gaming Control Board's Technology Division has approved the CasinoLink Jackpot Station(TM) ("CJS"), a local- and wide-area progressive/mystery jackpot system, to proceed to field trial at multiple properties in Las Vegas. The Technology Division's approval of CJS was one of the first central server based system approvals in the State pursuant to NGCB Regulation 14.040 and the Technical Standards for Gaming Devices, which include the rules governing server based gaming devices.
The field trial for CJS is scheduled to be hosted by two major Las Vegas casino operators over a 60 day period and will include a total of 40 slot machines. Upon successful completion of the field trial and final approval, the Company will be able to immediately commercialize CJS in the state. The CJS technology has been successfully deployed in casinos throughout the world.
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QuoteMedia, Inc. (OTCBB: QMCI) Closed at $0.24. Today announced that Broadridge Financial Solutions, Inc. (NYSE: BR), a leading outsourcing services provider to the global financial industry, has contracted with QuoteMedia to provide streaming real-time desktop and wireless portfolio management applications to Broadridge; further enhancing Broadridge's current service offerings to the financial community.Broadridge's extensive client base is comprised of global banks, retail, institutional and discount brokerage firms, correspondent clearing firms, mutual and hedge funds, investment firms, public corporations and other institutions.
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