Tuesday, June 2, 2009


(AIG) American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIG’s primary activities include both General Insurance and Life Insurance & Retirement Services operations. Other significant activities include Financial Services and Asset Management. The Company operates in four segments: General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. Through these operating segments, AIG provides insurance, financial and investment products and services to both businesses and individuals in more than 130 countries and jurisdictions. In December 2008, AIG’s United States life insurance companies sold its residential mortgage-backed securities portfolio to Maiden Lane II LLC. On April 1, 2009, AIG completed the sale of AIG Life of Canada to BMO Financial Group, and Hartford Steam Boiler to the Munich Re Group. More from Reuters »

(CRDC) Cardica, Inc. designs and manufactures automated anastomotic systems used by surgeons to perform coronary artery bypass surgery. The Company’s two systems, the C-Port Distal Anastomosis System (C-Port system) and the PAS-Port Proximal Anastomosis System (PAS-Port system) provide cardiovascular surgeons with automated systems to perform connections, or anastomoses, of the vessels. It sells the C-Port system in the United States and Europe, and the PAS-Port system in Europe, and the PAS-Port system is sold in Japan through its distributor, Century Medical, Inc. (Century). As of June 30, 2008, the Company has sold over 6,000 C-Port systems in Europe and the United States. As of June 30, 2008, approximately 8,900 PAS-Port systems had been sold in Europe and Japan. More from Reuters »

(C) Citigroup Inc. (Citigroup) is a global diversified financial services holding company. The Company is engaged in providing a range of financial services to consumers and corporate customers. As of May 4, 2009, Citigroup had more than 200 million customer accounts and did business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citigroup provides consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. More from Reuters »

(FAZ) Direxion Daily Financial Bear 3x Shares (the Fund), formerly Direxion Financial Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Financial Index). The Financial Index is a capitalization-weighted index of companies that provide financial services. The Fund does not invest in equity securities. The Fund creates short positions by investing at least 80% of its net assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the Financial Index, and the remainder in money market instruments. The Fund’s investment advisor is Rafferty Asset Management LLC. More from Reuters »

(XTXI) Crosstex Energy, Inc. is engaged, through its subsidiaries, in the gathering, transmission, treating, processing and marketing of natural gas and natural gas liquids (NGL). The Company’s assets consists of partnership interests in Crosstex Energy, L.P. (Partnership) engaged in the gathering, transmission, treating, processing and marketing of natural gas and natural gas liquids (NGL). The Partnership has two operating segments, Midstream and Treating. The Midstream division focuses on the gathering, processing, transmission and marketing of natural gas and NGLs, while the Treating division focuses on the removal of impurities from natural gas to meet pipeline specifications. Its subsidiaries include LIG Acquisition, Crosstex Pipeline Partners, Graco Operations, Cardinal Gas Services and Hanover Amine Treating. More from Reuters »

(ZZ) Sealy Corporation (Sealy) is engaged in manufacturing and marketing of a line of bedding products, including mattresses and mattress foundations. Its conventional (innerspring) bedding products are manufactured and marketed in the Americas under its Sealy, Sealy Posturepedic, Stearns & Foster and Bassett brand names. In addition, it manufactures and markets specialty (non-innerspring) latex and visco-elastic bedding products under the PurEmbrace, TrueForm, SpringFree, Stearns & Foster, Reflexions, Carrington Chase, MirrorForm and Pirelli brand names. The Company operates in two reportable segments: the Americas and Europe. The Americas segment operations are concentrated in the United States, Canada, Mexico, Argentina, Uruguay, Brazil, and Puerto Rico. Europe operations are concentrated in Western Europe. More from Reuters »

(SUNV) Sunovia Energy Technologies, Inc., through its wholly owned subsidiary Sunovia Solar, Inc., is engaged in the business of engineering, developing, marketing and distributing solar powered substrate and light emitting diode (LED) lighting technologies. The Company is developing, designing, and integrating photovoltaic solar cells into products for incident management, energy efficient advertising, and low-cost durable solar modules for easy installation and incremental upgrading of capacity. The Company is also developing environmentally responsible, energy efficient lighting products that are based on LED technologies

(HYHY) Hydrogen Hybrid Technologies, Inc. is engaged in the business of selling and distributing of on-board hydrogen generating and injections systems for the original equipment manufacturer (OEM), car and light truck markets globally. In addition it holds non-exclusive rights to distribute the product to other markets, including the heavy goods vehicle market (commercial transport fleets). The on-board hydrogen generating system technology consists of an on-board system, which generates hydrogen and oxygen by splitting distilled water.

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