SOURCE: Century Capital Markets
NEW YORK, NY--(Marketwire - Aug 17, 2012) - Vision Plasma Systems Inc. (PINKSHEETS: VLNX) stock closed its latest trading session at $0.305, up 205 percent from its previous close. The stock opened the session at $0.14 and touched its highest price point at $0.394. Vision Plasma Systems Inc. The stock's lowest price point for the session stood at $0.135. Its latest trading volume has been recorded at 308 million shares. The company's market capitalization stands at $29.1K. Vision Plasma Systems Inc. The stock's beta is -0.06.
Find out how VLNX can react in the upcoming trading sessions by reading the free trend analysis report here: http://www.pennystocksguru.net/market-scan/?symbol=VLNX
Vision Plasma Systems Inc. reported that it has inked a new deal with Cell Runner Inc. The company said that the deal is related to the purchase of 2 ArcMaster I Units. The deal has been valued at $11.6 million and the units are scheduled to be used in Fukushima Nuclear cleanup efforts. Timothy P. Volk, CEO of Vision Plasma Systems Inc. said, "Japanese officials have acknowledged that the Arc Master I technology is the only feasible option for the safe handling and remediation of what has become a major environment cleanup operation." Cell Runner Inc. is negotiating on behalf of the Japanese officials.
Vision Plasma Systems Inc's main industry peers are Illinois Tool Works Inc. (NYSE: ITW), Eaton Corp and Praxair Inc. Illinois Tool Works Inc. stock is currently trading at $59.67. The company is involved in the business of manufacturing industrial equipments and products. Illinois Tool Works offers various products such as polymers and fluids. The company is looking to sell its stake in its decorative surfaces unit. The stake has been valued at $1.05 billion. Illinois Tool Works would be selling the stake to private equity firm Clayton, Dubilier & Rice. The company would retain 49 percent stake in the unit. The private equity firm would service the consideration by paying $395 million. Rest of the consideration will be borrowed by a new company formed under the agreement.
Find out more about ITW by reading the free trend analysis report here: http://www.pennystocksguru.net/market-scan/?symbol=ITW
Eaton Corp. (NYSE: ETN) stock closed its latest trading session at $46.05. The company has market capitalization of $15.55 billion and is involved in the business of providing electric systems and components. These components are used for power control and quality. Eaton Corporation is based out of Ohio. The company has been hit by a potential lawsuit by Sarraf Gentile LLP on behalf of all people who bought the company stock between the period of August 2, 2009 and June 4, 2012. It has been alleged that Eaton misrepresented certain statements and tried to defraud its investors.
Find out more about ETN here: http://www.pennystocksguru.net/market-scan/?symbol=ETN
Praxair Inc. (NYSE: PX) stock closed its latest trading session at $108.70. The company has market capitalization of $32.41 billion and had announced its latest Earnings per share at $5.58. Praxair Inc. stock is currently trading at the beta of 0.85. The company is involved in the business of producing and distributing process and atmospheric gases, The company is mainly operational in the North America and internationally. Praxair has recently inked a new deal with nexAir. The joint venture is related to rebranding of eight of Praxair branches.
Find out what else is to know about PX by reading the free trend analysis report here: http://www.pennystocksguru.net/market-scan/?symbol=PX
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