Posts Tagged ‘Viper Networks Inc’

TROY, MI — (Marketwire) — 10/29/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has signed a Letter of Intent to acquire a 49% interest of a privately held, profitable construction company based in Saudi Arabia, for a combination of cash and stock.

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Stocks are giving back some of the previous day’s big gains as consumer spending dips

Personal spending fell 0.5 percent in September, the Labor Department reported Friday, in line with forecasts. That follows a 1.3 percent jump in August fueled by the government’s popular Cash for Clunkers car rebate program.

The market is paying close attention to indicators of consumer spending, which is still in a slump despite improvements in other parts of the economy such as manufacturing and housing. Spending by consumers makes up a major part of the U.S. economy.

The Dow Jones industrials jumped nearly 200 points on Thursday following a strong report on gross domestic product growth in the third quarter, but many economists worry that much of that growth came from government stimulus measures and that weak spending by consumers will continue to hold the economy back.

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TROY, MI — (Marketwire) — 10/27/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a global telecommunication network operations and technical management company, announced today that it has successfully finalized, pending final regulatory approvals, the acquisition merger with Cirilium India Pvt. Ltd.. This merger with the Company’s joint venture partner, upon completion, will entail a combination of cash, stock and certain technical and operational management contributions.

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Stocks are moving higher after a new report showed home prices rose for the third consecutive month in August

The gains came a day after investors uneasy about the strength of an economic recovery pummeled stocks for the second straight day and for the fourth time in the last five days.

Overseas, Asia markets fell overnight following declines Monday in the U.S. In Europe, markets have steadily advanced throughout the day.

The Standard & Poor’s/Case-Shiller home price index, which measures housing prices in 20 major metropolitan markets, rose 1 percent in August from July, marking the third straight monthly improvement.

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Stocks are mixed as investors dismiss sharp rise in sales of existing homes; Amazon and Microsoft report strong earnings

Stock investors are dismissing a big jump in sales of existing homes last month as an aberration.

Stocks remain mostly lower Friday following a report that September home sales soared 9.4 percent, nearly double analysts’ forecasts. It was the highest level in more than two years as buyers raced to complete purchases before a tax credit expires.

The market is lower after a big spike Thursday and with little new information to trade on after a busy week of earnings. Strong profits from Amazon.com and Microsoft are drawing some buyers to tech stocks.

The Dow Jones industrial average is down 50 at 10,031. The Standard & Poor’s 500 index is down 5 at 1,088, while the tech-heavy Nasdaq composite index is up 9 at 2,174.

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Stocks are mixed as investors sort through a disappointing reading on the labor market and another batch of earnings reports

The market is trying to rebound a day after a late-session sell off pushed major indexes lower. Lingering concerns over whether investors had been overly optimistic about an economic rebound in pushing the market higher recently fed into Wednesday’s decline.

Overseas markets were tumbling following the U.S. market’s drop Wednesday, and as uncertainty mounted about Chinese stimulus measures aimed at pumping up that country’s economy.

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TROY, MI — (Marketwire) — 10/21/09 — Viper Networks, Inc. (PINKSHEETS: VPER) and Joint Venture partner Cirilium India Pvt. LTD (merger pending), announces that they have recently begun deployment for a redundant telecommunications network between Malaysia and India, after previously concluding comprehensive agreements with Globalcom Information Services Pte. Ltd.

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Former Executive Director of Operations for Lucent Technologies Brings 17 Years of Success in Building and Operating Major Telecommunication Networks

TROY, MI — (Marketwire) — 10/19/09 — Viper Networks, Inc. (PINKSHEETS: VPER), a telecommunication network operations and technical management company, is pleased to announce the appointment of Tom Otrok (47), as President of International Operations for the Company, who has also been appointed to the Board of Directors for an initial two year term.

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TROY, MI — (Marketwire) — 10/20/09 — Viper Networks, Inc. (PINKSHEETS: VPER) announces that it has entered into an Agreement with a leading telecommunications operator in the Kingdom of Bahrain, for sales, distribution and other value-added services, as part of the Company’s continuing expansion with leading telecom operators throughout Asia, the Middle East, Australia and other continents, for its recently awarded India telecom license.

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Stocks fall after new government reports delivered mixed signals on the state of the economic recovery

The Labor Department said lower energy prices pushed U.S. wholesale prices lower in September, leaving a larger-than-expected monthly decline in the producer price index. Wall Street economists expected a flat reading. The drop comes after a steep rise in August.

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