News / Finance
WhisperfromWallStreet.com "Afternoon Gainers NYSE - Pinnacle Entertainment Inc,PNK - CHINA MASS MEDIA,CMM - MetroGAS S.A.,MGS
Pinnacle Entertainment Inc - China Mass Media - MetroGAS S.A.
Pinnacle Entertainment Inc,PNK
Pinnacle Entertainment management will present tomorrow at the Goldman Sachs Lodging, Gaming, Restaurant & Leisure Conference in New York, NY. A copy of the presentation will be accessible at the Investor Relations section of the Company's corporate website, www.pnkinc.com.
Pinnacle Entertainment, Inc. owns and operates casinos in Nevada, Louisiana, Indiana, Missouri and Argentina. The Company has a casino development project under construction in the St. Louis area, to be called River City, which opening is dependent upon final approval by the Missouri Gaming Commission. Pinnacle is also developing a second casino resort in Lake Charles, Louisiana, to be called Sugarcane Bay, and a casino resort in Baton Rouge, Louisiana. Additionally, Pinnacle owns a casino site at the heart of the Boardwalk in Atlantic City, New Jersey.
---
If you are viewing this press release you are obviously interested in making money in the stock market. In today’s market investors need every tool available. WhisperfromWallStreet.com sends FREE alerts to our subscribers on stocks that we feel are ready to move within hours or days. So far in 2009 we have sent 36 stock alerts to our clients and the average price gain has been 88%. To add additional profits to your portfolio please take a minute and sign up for our free alerts. There is no risk to you and you will see just how accurate we are in our alerts.
Investors sign up for our FREE alerts at http://whisperfromwallstreet.com
---
CHINA MASS MEDIA,CMM
China Mass Media International Advertising Corp. is a leading independent television advertising company in China. It provides a full range of integrated television advertising services, including:
China Mass Media Corp. was notified by the NYSE Regulation, Inc. on April 27, 2009 that as of April 24, 2009, the Company's market value of publicly held shares was calculated to be approximately $9.4 million, which was below the minimum requirement of $15 million for continued listing on NYSE Arca under Rule 5.5(b) of the NYSE Arca Equities Rules.
Since April 27, 2009, the ADSs of the Company have been trading in the range of $2.55 to $3.99 per ADS, which made the Company's market value of publicly held shares approximately $11.2 million to $17.6 million. As of May 29, 2009, or the last trading day immediately prior to this announcement, the Company's ADS was trading at $3.66, which made the market value of the Company's publicly held shares approximately $16.1 million. With the intention to continue its listing on the NYSE Arca, China Mass Media will continue to carefully monitor changes in the market value of its publicly held shares, will discuss with NYSE Regulation and explore different alternatives to restore its compliance with the continued listing standards. The Company's ADSs will remain listed on the NYSE Arca exchange under the symbol "CMM" but will be assigned a ".BC" indicator by the NYSE Arca to show that the Company is out of compliance with the NYSE Arca's continued listing standards.
---
MetroGAS S.A.,MGS
Overseas shares traded in the United States were higher on Thursday, lifted by a rally in crude oil prices, which boosted energy stocks.
July crude futures were up more than 2.5 percent to above $65 per barrel after inventory data from the Energy Information Administration showed that crude oil inventories fell far more than expected.
The Bank of New York Mellon's index of leading American Depositary Receipts (ADRs) .BKADR gained 1.4 percent to 111.42 while the U.S. benchmark S&P 500 index .SPX rose 0.9 percent to 901.09.
Sentiment in the U.S. was also lifted after results of a Treasury bond auction eased any fresh worries over demand for U.S. government debt. [ID:nN28434274]
The Bank of New York Mellon's index of leading Asian ADRs .BKAS gained 1.3 percent to 108.83. In Asia, shares ended mostly higher, with Japan's Nikkei edging up 0.1 percent on economic hopes while Seoul shares were up on bank stocks.
----
Disclaimer: Full disclaimer at http://whisperfromwallstreet.com/disclaimer.php
WhisperfromWallStreet.com (WFWS) based upon information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by WFWS to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WFWS is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.whisperfromwallstreet.com or mentioned herein. WFWS may have been compensated with shares or with cash from third party shareholders or the company on behalf of one or more of the companies mentioned in this opinion.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WFWS undertakes no obligation to update such statements.
This is not a solicitation to buy or sell any securities. WhisperfromWallStreet.com, nor any of its affiliates are not registered investment advisors or a broker dealers. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
CONTACT: WhisperFromWallStreet.com
