S&T Bancorp Inc. (Nasdaq:STBA) a full-service financial institution with branch locations in 10 Pennsylvania counties, announced the appointment of Bill Jones to senior vice president and consumer and business support center manager. In this role, Jones is responsible for planning, directing and controlling the bank's consumer loan, Visa and small business lending activities. He is also developing a portfolio management system for the small business lending area. "Bill has played an integral part in the formation and structuring of our small business area and consumer loan support centers, and is an asset to the clients he serves," said Todd D. Brice, president and chief executive officer of S&T Bank. "I am pleased to congratulate Bill on his recent appointment. His long-standing commitment to providing his clients with superior results speaks volumes to the professional that he is."
S&T Bancorp, Inc. operates as the holding company for the S&T Bank, which provides community banking services to individual and corporate customers in Pennsylvania. The company accepts time and demand deposit accounts, including interest and noninterest-bearing demand, money market, and savings accounts, as well as certificates of deposit. It also originates commercial and consumer loans, including real estate construction loans.
Majestic Gold Corp. (TSX.V:MJS)
Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China. On April 23, 2010, Majestic released an updated NI 43-101- compliant, indicated and inferred gold resource estimate on its Song Jiagou property. At present, Majestic is aggressively pursuing a pre-feasibility study. A recently announced agreement will increase Majestic's effective ownership from 54 to 94 % and has allowed the property to commence production at an initial rate of 1,400 tpd. With a contract that fixes operating costs and allows use of land and equipment, Majestic anticipates to have a positive cash flow, within a matter of months.
To learn more about Majestic visit: http://www.majesticgold.net
Marvell Technology Group Ltd. (Nasdaq:MRVL) worldwide leader in integrated silicon solutions, announced that a Santa Clara Superior Court Jury in California found in its favor, rejecting misappropriation of trade secrets allegations brought on behalf of Jasmine Networks, Inc. The jury unanimously found that Marvell did not use or acquire any Jasmine trade secrets and did not violate any nondisclosure agreements."We have always maintained that the claims asserted by Jasmine were completely unfounded, baseless, and untrue and therefore we fought for almost a decade to defend our integrity and reputation. The jury's verdict is a total vindication of Marvell's position," said Sehat Sutardja, Chairman, President and CEO of Marvell. "Marvell will always stand up for the principles and standards by which we do business no matter how long it takes to prevail. I'm pleased to have this protracted litigation behind us so that we can continue to focus our energies on what we do best designing and delivering the world's most innovative semiconductor products."
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, and digital signal processing and embedded microprocessor integrated circuits. The company offers storage products, including storage system-on-a-chip, read channel, hard disk controller, tape drive controllers, solid-state drive controllers, and storage-system products for hard disk drives, tape drive electronics, optical disk drives, solid-state flash drives, and storage subsystems technology; and switching products comprising Prestera switch family, Link Street multi-port integrated switch family, and Link Street gateway products.
Power3 Medical Products, Inc. (PWRM.OB)
Alzheimer's disease just isn't an everyday aspect of increasing age, although the most significant identified risk factor is increasing age, and the most of individuals with Alzheimer's are 65 and older. Alzheimer's is not just an illness connected with senior years. As much as 5 percent of people with the actual condition have early-onset Alzheimer's (also called younger-onset), which frequently appears in an individuals 40's or 50's.
Power3 Medical Products Inc. has signed a definitive agreement recently to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. PWRM plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into PWRM, with PWRM remaining as the surviving company in the merger.
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.
To learn more about PWRM visit: http://www.Power3Medical.com
CA Technologies (Nasdaq:CA) announced that its Board of Directors has declared a regular, quarterly cash dividend of $0.04 per share. The dividend will be paid on December 22, 2010 to stockholders of record at the close of business on December 13, 2010.
CA Technologies, together with its subsidiaries, engages in the design, development, marketing, licensing, and support of information technology (IT) management software products that operate on a range of hardware platforms and operating systems. It offers Enterprise IT Management software for organizations to manage IT computing environments, which include people, information, processes, systems, networks, and applications, as well as databases regardless of the hardware or software.
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