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.
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.
Separately, the Commerce Department said home building rose a third time in four months during September, reflecting higher sales this year. The increase, however, was smaller than expected.
The reports overshadowed earnings reports from companies including chemical maker DuPont and Pfizer Inc., the world’s biggest pharmaceutical company.
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.
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.
TROY, MI–(Marketwire – 10/19/09) – Viper Networks, Inc. (Pinksheets:VPER) announced today that it has entered into a Letter of Intent to acquire Trimax Wireless, Inc., a privately-held developer and manufacturer of a complete line of modular wireless broadband infrastructure equipment for metropolitan scale wireless networks. The Company expects to finish their due diligence and close this transaction by November 30, 2009.
Stocks are lower after Goldman Sachs, Citigroup earnings disappoint
Investors turned cautious Thursday after earnings reports from Goldman Sachs Group Inc. and Citigroup Inc. stirred worries about the troubles banks still face.
Stocks fell moderately in early trading after rallying Wednesday. Investors drew some comfort from a government report that the number of newly laid-off workers filing claims for unemployment insurance fell last week. A report on manufacturing in the New York region also topped expectations.