CORAL SPRINGS, FL -- (Marketwire) -- 05/09/12 -- FinancialNewsMedia.com "stocks to watch" for today: Sourcinglink.net, Inc., (PINKSHEETS: SNET), Arena Pharmaceuticals, Inc. (NASDAQ: ARNA), Quest Software Inc. (NASDAQ: QSFT), Demand Media, Inc. (NYSE: DMD).
Breaking News Headline for SNET: Sourcinglink.net, Inc. Inks $1 Million Acquisition of Premium Class Automobiles Signs New Program Members for Alliance Auto Group
Sourcinglink.net, Inc., (PINKSHEETS: SNET) subsidiary Alliance Auto Group announced it has, through a $1 million transaction, acquired both a new fleet of Premium Class Automobiles and improved SNET Membership Clients list by completing the resigning of members from a failed regional competitor. Fueled by the recent growth and continued expansion of Alliance Auto Group, the Company has identified opportunities to further increase memberships, via the acquisition of smaller, sole proprietorship-owned companies.
Alliance Auto Group management commented, "This growth by acquisition strategy facilitates a rapid expansion for the company. Following this recent merger and further planned acquisitions of smaller rental companies, we envision quickly ramping up to 1000 automobiles available to our current and future members in SNET's Alliance Auto Group Fleet."
Read the entire SNET press release announcing exciting new developments along with their full disclosure here: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=153
Sourcinglink.net, Inc., (PINKSHEETS: SNET) appears to be an emerging company that investors are urged to begin researching immediately.
Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.financialnewsmedia.com.
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) was up in today's premarket after skyrocketing 25% yesterday, as briefing documents posted suggest the company may have provided the FDA with enough new information to alleviate concerns about the risk of tumors and heart problems with its lorcaserin obesity drug. BMO upgrades shares and raises its price target to $7 from $1.
Quest Software Inc. (NASDAQ: QSFT) which agreed to be bought by Insight Venture Partners for $2 billion, said it received multiple alternative proposals during its go-shop period. "The alternative proposals are reasonably expected to lead to a superior proposal," the enterprise systems management software maker said in a statement..
Demand Media, Inc.(NYSE: DMD) -- The Santa Monica, Calif.-based online content and social media company reported first-quarter adjusted earnings of $5.9 million, or 7 cents a share, on revenue of $82.9 million, up 8% from year-ago levels.
If you're a company interested in having FN Media Group assist you with creating a greater awareness for your next news release utilizing our multi-media and leading edge outreach solutions, contact us now at firstname.lastname@example.org
DISCLAIMER: FN Media Group LLC (FNMG) owns and operates FinancialNewsMedia.com (FNM) which disseminates electronic information through multiple online media channels. FNMG's intended purposes are to deliver market updates and news alerts issued from private and publicly trading companies as well as providing coverage and increased awareness for companies that issue press to the public via online newswires. FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. The companies that are discussed in this release may or may not have approved the statements made in this release. Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. While this information is believed to be reliable, such reliability cannot be guaranteed. FNMG disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. This release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. FNMG is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
This release is not without bias, and is considered a conflict of interest if compensation has been received by FNMG for its dissemination. To comply with Section 17(b) of the Securities Act of 1933, FNMG shall always disclose any compensation it has received, or expects to receive in the future, for the dissemination of the information found herein on behalf of one or more of the companies mentioned in this release. For disseminating this release, FNMG was compensated one thousand dollars for coverage by a non-affiliated third party for distribution of this news release for Sourcinglink.net, Inc., (PINKSHEETS: SNET). FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
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 company's 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 FNMG undertakes no obligation to update such statements.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here