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IVN, ISCO, HUBA Stock-PR Stock Report! October 5, 2009

 

 

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Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) and its strategic partner, Rio Tinto, will join with the Government of Mongolia in a state ceremony for the signing of an Investment Agreement for the Oyu Tolgoi copper-gold project on Tuesday, October 6.

International Stem Cell Corporation (OTCBB:ISCO)(www.internationalstemcell.com), the first company to perfect a method of creating human “parthenogenetic” stem cells from unfertilized eggs, announces positive results of its collaboration with Absorption Systems to study ISCO’s stem-cell-derived human corneal tissue as an alternative to live animals for drug testing. Initial results using non-animal or “in vitro” tests indicate an excellent correlation between the rates at which drugs pass through ISCO’s lab-grown corneal tissue and rabbit corneal tissue.

Hubbell Incorporated (NYSE: HUBA, HUBB) today announced that it completed the purchase of FCI Americas, Inc. (the business known as “Burndy(R)”) for consideration of approximately $360 million in cash (net of cash acquired) subject to certain standard adjustments.

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