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Level 3 Communications NEWS - November 21, 2008
Penny Stocks Alert: Level 3 to Provide Pando Content Delivery Cloud. BROOMFIELD, Colo.,-- Level 3 Communications, Inc. (Nasdaq: LVLT | Quote | Chart | News | PowerRating) yesterday released that the company is proud to announce it has been selected to provide caching and downloading services to Pando Networks, a pioneer of content delivery cloud services. Pando will use Level 3's content delivery network to support the delivery of rich media content for commercial customers.
Level 3 Communications, Inc. engages in the communications business in North America and Europe. Its network and Internet services include transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, collocation services, and dark fiber services.
Level 3's caching and downloading services will enhance Pando's content delivery cloud platform and enable users to download and stream large media files, including full-screen high-definition (HD) video. These capabilities strengthen Pando's ability to provide accelerated delivery speeds and maintain the highest quality video, resulting in a better online viewing experience.
Investor's should watch for early movement with this stock as it closed Thursday November 20, 2008 at $0.79 per share.
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Image Entertainment NEWS - November 21, 2008
Small Cap Alert: Image Entertainment Enters Into Merger Agreement to Sell Company to Nyx Acquisitions for $60.2M cash. CHATSWORTH, Calif - Image Entertainment, Inc. (NASDAQ:DISK), a leading independent licensee, producer and distributor of entertainment programming in North America, released news yesterday that the company has entered into a definitive merger agreement with Nyx Acquisitions, Inc. to sell Image in a transaction valued at approximately $100 million, including the assumption of the company's outstanding debt under its credit facility, replication advance obligation and convertible note.
Completion of the transaction is subject to customary closing conditions, including regulatory review and the approval of the transaction by Image stockholders. The transaction is targeted to close during the first quarter and is not subject to a financing condition.
Investor's should watch for early movement with this stock as it closed Thursday November 20, 2008 at $0.69 per share.
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SIRIUS XM Radio NEWS - November 21, 2008
Hot Stock Alert: SIRIUS XM Radio Added to Today's Watch List. NEW YORK, -- SIRIUS XM Radio (Nasdaq: SIRI | Quote | Chart | News | PowerRating) will celebrate the holiday season with commercial-free music and specialty channels dedicated to the holiday season across SIRIUS and XM.
Sirius XM Radio, Inc. provides satellite radio services in the United States. It offers commercial-free music channels that provide a selection of music genres, such as rock, pop, hip-hop, country, dance, jazz, Latin, and classical; and channels of sports, news, talk, entertainment, traffic, weather, and data content. As of March 31, 2008, the company offered a programming lineup of 69 channels of commercial-free music; 54 channels of sports, news, talk, and entertainment; and 11 channels of traffic and weather, as well as informational data services. It served approximately 8,644,319 subscribers.
Investor's should watch for early movement with this stock as it closed Thursday November 20, 2008 at $0.14 per share.
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