| Capitalism and breast milk
Just as I'm wrapping up my day, I decided to take a quick look at some stories getting a lot of hits. A story that posted recently on azcentral.com about mommies selling breast milk online to men is getting quite the curiosity readers. Stories about breast milk auctions have circulated since 2005, and lactation groups are quick to advise against buying it. This has nothing to do with auctions, but when I was looking on the Web for info on breast milk sales, I came across an article about one Los Angeles-area company, Prolacta Bioscience. The company found a way to commercialize breast milk for the benefit of critically-ill and premature infants in the neonatal intensive care. What do you think? .
FCC plans for 700 MHz draw heated debate
Nearly drowned out in broad policy debates over controversial public-safety and broadband wireless proposals are pressing questions about how the Federal Communications Commission will craft the 700 MHz band plan.
A coalition of 21 small- and medium-sized wireless and wireline carriers and state regulatory agencies are worried the FCC is leaning toward a 700 MH band plan largely favoring large geographic wireless licenses over small ones for auction later this year.
This is a matter of great importance given the unique technical attributes of the 700 MHz band, which make it ideally suited to serve many of the more rural areas that are served or are proposed to be served by the proponents of the Balanced Consensus Plan, the group told the FCC.
Included in the coalition are Alltel Corp., Aloha Partners L.P., Dobson Communications Corp.
Fortis Healthcare Limited IPO receives 2.78 times subscription
The Initial Public Offering of Fortis Healthcare Limited closed for subscription today (Friday - April 20, 2007). The IPO has received subscription of 2.78 times.
Out of the total issue of 45753963 equity shares, the company has received bids for 127406880 equity shares. The company has received bids for 41636160 equity shares at Cut-off price.
Out of the issue, 27452378 shares were reserved for subscription by Qualified Institutional Buyers (QIBs). The QIBs portion received subscription for 74777100 shares resulting in a subscription of 2.7239 times. The Non Institutional Investors portion received bids for 1.7391 times with demand for 7957140 shares against the offer of 4575396 shares. The Retail Individual Investors (RIIs) portion has received bids for 44672640 shares against the offer of 13726189 shares resulting in a subscription of 3.2546 times.
Bidding Availalbe On Waples' Driving Suit
It's the final order of business from Western Fair Raceway's overwhelmingly successful fundraiser on January 29th which brought a life saving defibrillator to the track in support of the Chase McEachern Tribute Fund of the Canadian Heart and Stroke Foundation. That evening in London, Randy Waples marked his return to active driving duty after a six month recovery from the injuries he suffered in a racing accident at Mohawk last Summer. In addition to dozens of horsepeople, members of the public and staff donating that night, Waples also contributed a custom driving suit which is now available for bidding through an Ebay site auction at www.quikdropbarrie.com. The suit, and the progress of the bidding, can be accessed by going into the designated "Chase Fund Raiser" down the left column.
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