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Showing posts from September, 2015

NXT-ID, Inc Announces William Fields (former CEO of Wal-Mart Retail Stores Division) Appointed to Advisory Board

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NXT-ID, Inc Announces William Fields (former CEO of Wal-Mart Retail Stores Division) Appointed to Advisory Board OXFORD, Connecticut, September 29, 2015 /PRNewswire/ --

NXT-ID, Inc. (NASDAQ:NXTD) a biometric authentication company focused on the growing mobile commerce market announces that retail veteran William Fields, former President and CEO of Wal-Mart Retail Stores Division and Chief Executive Officer of Blockbuster Entertainment Group, a division of Viacom, Inc has joined its Advisory Board.

During his 25-year career with Wal-Mart, Mr. Fields held numerous senior executive positions within the organization, including Assistant to Wal-Mart Founder, Sam Walton; Senior Vice President of Distribution and Transportation; and Executive Vice President of Wal-Mart, Inc. culminating in the role of President and Chief Executive Officer of the Wal-Mart Retail Stores Division. Mr. Fields was responsible for over 2,000 stores and 300,000 employees, generating ~$68 billion in annu…

Coca-Cola Bottling Up 9% on Coca-Cola Co. Plant Buy Deal

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Coca-Cola Bottling Up 9% on Coca-Cola Co. Plant Buy Deal By Zacks Equity Research
Coca-Cola Bottling Co. Consolidated’s COKE shares gained more than 9% since the company announced the signing of a non-binding letter of intent with The Coca-Cola Company KO on Sep 24. Per the deal, Coca-Cola Bottling will purchase Coca-Cola’s manufacturing plants in Virginia, Maryland, Indiana and Ohio.
The manufacturing facilities to be bought by Coca-Cola Bottling are operated by Coca-Cola’s wholly owned subsidiary, Coca-Cola Refreshments (CCR). Coca-Cola took over CCR in 2010 when it acquired the North American operations of Coca-Cola Enterprises, Inc. CCE. The deal is subject to the companies reaching a definitive agreement. These facility transfers are likely to begin in the first half of 2016.
Coca-Cola Bottling, one of the largest independent bottler of Coca-Cola, also announced the signing of a definitive agreement with Coca-Cola, sealing the letter of i…

7 Reasons Not to Panic About Stocks

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7 Reasons Not to Panic About StocksHere’s how you can invest successfully under any market conditions. By Tom Sightings

Aug. 25 -- Liz Ann Sonders, chief investment strategist at Charles Schwab, discusses her message to clients preaching patience over panic when dealing with a market selloff. She speaks on "Bloomberg Markets."
For over a month we've been watching the stock market waffle, waver and weaken, to the point where many of us might be tempted to give up, sell out our mutual funds and stash whatever's left in a safe, secure and low-paying cash reserve fund, or even a savings account at the bank. But that would be a mistake.
A lot of people make a lot of money from the stock market. A few of them do it overnight. But most investors make their money over a long period of time. Take Warren Buffett, generally considered the most successful investor in America. He's worth north of $60 billion. But even this financial genius took some ten years to mak…

Totally Hemp Crazy, Inc. Reports Record Attendance at Shareholder Meeting; Important Forward Looking Statements Announced

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Totally Hemp Crazy Reports Record Attendance at Shareholder MeetingImportant Forward Looking Statements Announced Dallas, Tx.(Marketwired - Sep 28, 2015)
Totally Hemp Crazy, Inc. (OTC PINK: THCZ) hosted their first Annual Shareholder Meeting at South Fork Ranch (TV show Dallas was filmed there) in Parker, Texas on Saturday, September 26th. Over 200 investors attended the meeting and were treated with a Texas-style BBQ luncheon. The Shareholders Meeting covered pertinent topics such as the overall financial health of the Company, a forward looking vision into the future of the Company, inclusive of new products in development and their introductions into the marketplace.

Below are a few of the highlights of the meeting taken from presentations made by the THCZ management team and Rhino Marketing: A new larger 16 ounce can targeted for Q1 of 2016 Addition of the "Snowflake" logo A line-up of hemp-infused shot products The new low calorie…

ID Global Solutions Corporation (IDGS) Announces Signing of a 10 Year Build, Operate, and Transfer Contract with Basetek S.A.S. in Colombia for Payspot Kiosks at Bogota Transit Authority (Transmilenio S.A.) Stations Throughout the City of Bogota

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ID Global Solutions Corporation (IDGS) Announces Signing of a 10 Year Build, Operate, and Transfer Contract with Basetek S.A.S. in Colombia for Authority (Transmilenio S.A.) Stations Throughout the City of Bogota September 23, 2015 /PRNewswire/

ID Global Solutions Corporation IDGS, +0.00% a company focused on fraud management and global payment solutions, announces that on September 15, 2015 it executed a 10 year Build, Operate, and Transfer contract valued at 3.648 Billion COP (~$1.2 Million US) for 80 un-attended payment solution kiosks with BaseTek S.A.S. in Bogota, Colombia.

In July the company announced it had a…

Green Cures (Otc: GRCU) Announces Buy Out to Instep Holdings LLC

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Green Cures Announces Buy Out to Instep Holdings LLC Winnetka, Ca./Accesswire/ September 23, 2015
Green Cures & Botanical Distribution Inc. (GRCU) ("Green Cures"), Green Cures announces today the establishment of new ownership. InStep Holdings LLC, a Delaware Corporation has completed the buy out of Green Cures, and has acquired the controlling shares as of September 18, 2015. These changes are intended to drive revitalization and growth across core consumable products, and to reinforce an overall business strategy to reconstruct a solid foundation. This is a transformational buy out which enables InStep to provide more value to their stakeholders and more effectively compete in a rapidly evolving competitive atmosphere.
Presently, there are no plans for a reverse split or AS increase, nor does the company have any plans to take part in any dilutive financing. Additionally, InStep will be working towards restructuring the current share structure as opportun…

Microcap Nxt-ID (Nasdaq: NXTD) Has Crashed, But Is There Beauty In The Rubble?

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Microcap Nxt-ID Has Crashed, But Is There Beauty In The Rubble?Jim Swanson , Benzinga Staff Writer NXT-ID, Inc Announces Participation as Member of Team Battelle for TIES Contract Award Top Performing Industries For May 12, 2015 NXT-ID, Inc.NXTD has seen a 55.84 percent decline in its share price year-to-date.Benchmark’s Daniel L. Kurnos has maintained a Speculative Buy rating and price target of $6 on the company,Although progress on achieving scale has been slower than expected, the company’s order volume continues to see sequential improvement and a meaningful uptick is expected in 4Q15. Despite “initial signs of traction,” the stock continues to see selling pressure. However, while order volumes are expected to rise in 4Q15, manufacturing issues are expected to decline. “Technical reviews remain positive, with competitor offerings stalled or facing either developmental or implementation headwinds,” Kurnos stated.

Kurnos believes that there is “significant disconnect” between t…

iTeknik Holding Corporation Starts New Growth Strategy with LOI to Acquire NSync Services, Inc., a Leading Systems Integrator in Texas

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iTeknik Holding Corporation Starts New Growth Strategy with LOI to Acquire NSync Services, Inc., a Leading Systems Integrator in Texas Commerce, Mich., Sept. 21, 2015 /PRNewswireiTeknik Holding Corporation (OTC Pink:ITKH), announced today that it has entered into a Letter of Intent to acquire privately held NSync Services, Inc. ("NSI") of Grand Prairie, TX for a cash and stock consideration. The transaction is non-binding and subject to successful due diligence, definitive agreements and iTeknik securing new investment on or before the closing of the intended transaction.
Established in 1998, NSI is a Texas based company, specializing in the distribution and implementation of state-of-the-art, data networking and telecommunications technology to both corporate and government customers nationwide. Key products and services delivered by NSI are the design, implementation, and maintenance of Local and Wide Area Networks (LAN/WAN), mobile computing/wireless LANs, Dis…

Opinion: Warren Buffett and Bill Gates like railroads, and you should too

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Warren Buffett & Bill Gates Like Railroads, You Should Too Stoke the boiler on railroad stocks now By Jeff Reeves

Railroad stocks have been in a steep decline so far this year, with major U.S. operators running off the tracks.
Shares of CSX Corp. CSX, -2.17%  , Union Pacific UNP, -1.25%

NXT-ID's (Nasdaq: NXTD) Wocket Smart Wallet Accepted by Amazon Launchpad for Retail Sales; Expected to Add to Continued Sales Growth

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NXT-ID's Wocket Smart Wallet Accepted by Amazon Launchpad for Retail Sales; Expected to Add to Continued Sales Growth OXFORD, Connecticut, September 18, 2015 /PRNewswire/ --

NXT-ID, Inc. (NASDAQ:NXTD), a biometric authentication company focused on the growing mobile commerce market, announces the Wocket® smart wallet has been accepted to retail on Amazon through its Launchpad program.

Amazon Launchpad was announced in July 2015 as a new program for certain qualifying companies that fosters innovative new products from emerging brands. For these companies Amazon offers Brand Development on a special store, customer reach through Amazon's most powerful marketing tools and global expansion when the brands are ready. Feedback from participant companies and their institutional investors has been overwhelmingly positive.

The official retail launch date for the Wocket® SmartWallet on Amazon will be announced shortly.
Gino Pereira, Chief Executive Officer of NXT-ID. Inc. said, …

Rite Aid Lowers Guidance After Profit Tumbles

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Rite Aid Lowers Guidance After Profit Tumbles
Rite Aid Corp. (RAD) reported second-quarter fiscal 2016 results before markets opened Thursday. The drug store chain reported quarterly diluted earnings per share (EPS) of $0.02 on revenues of $7.7 billion. In the same period a year ago, Rite Aid reported EPS of $0.13 on revenue of $6.52 billion. Second-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.04 and $7.57 billion in revenue.

The company attributed the lower net income primarily to a $33.2 million loss on debt retirement related to the redemption of the company’s 8.00% senior secured notes, as well as higher depreciation and amortization expense related to its acquisition of EnvisionRx, and an increase in capital spending, higher interest and transaction costs incurred in connection with that acquisition. There was also the cycling of a prior year benefit of approximately $40 million related to the company’s transition to its new d…