SOURCE: Wall Street News Alert

Wall Street News Alert

July 08, 2010 09:38 ET

Wall Street News Alert: Breaking News Alert: HNHI -- July 8, 2010

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - July 8, 2010) -  Wall Street News Alert's "stocks to watch" this morning are: H & H Imports Inc. (OTCBB: HNHI), CBS Corporation (NYSE: CBS), Comcast Corporation (NASDAQ: CMCSA) and Apple Inc (NASDAQ: AAPL).

Yesterday after the markets closed, H & H Imports Inc. (OTCBB: HNHI), a leading developer and distributor of products and services primarily through infomercials and other direct response channels of distribution, issued a press release announcing that its Board of Directors and shareholders holding a majority of its common stock have approved a change in the Company's name to IBC Global, Inc. and that it has filed an information statement with the S.E.C. relating to the name change.

One of the Company's subsidiaries, "Inventors Business Center, LLC" ("IBC"), was founded to capitalize on the tremendous number of products and product ideas that were being offered to Kevin Harrington, the Company's Chairman, as a result of his numerous appearances on the national network broadcast show, "Shark Tank."

As a result of the success to date of IBC, as well as the Company's intention to open multiple IBC offices on a global basis, the Company shall change its name to "IBC Global, Inc." to more accurately reflect its current business.

In addition, the Company released details of its business plan and its Alternative Public Offering ("APO") which was accomplished by completing its previously announced Agreement and Plan of Merger (the "Merger Agreement") by and between H & H Imports, Inc. ("H & H"), TV Goods Holding Corporation and a subsidiary of H & H, pursuant to which the wholly owned subsidiary merged with TV Goods and TV Goods continues to operate its business as a wholly owned subsidiary of H & H.

Investors are urged to read yesterday's press release for complete details.

Kevin Harrington, the Company's Chairman of the Board, is widely acknowledged as the pioneer and principal architect of the "infomercial" industry. Since producing the industry's first infomercial in the 1980s, he has financed more than 500 product launches resulting in sales of more than $4 billion worldwide, with 20 products reaching individual sales of over $100 million each, and creating dozens of millionaires.

Harrington got his start in direct TV marketing with his company Quantum International, which after merging with National Media in 1991 grew to over $500 Million in annual sales with distribution in over 100 countries in 20 languages.

In his latest venture, Harrington is an investor on the ABC show called "Shark Tank," in which budding entrepreneurs compete in pitching their potentially moneymaking ideas to business experts in hopes of securing investment financing. The show is owned by SONY Pictures and produced by Mark Burnett.

Harrington's book, "ACT NOW!" explains how he innovatively turns ideas into million-dollar products. It is available through Amazon and at bookstores nationwide. Harrington is proud to have founded two of the most important global networking associations in the marketplace, the Entrepreneurs' Organization (EO) and the Electronic Retailing Association (ERA). In addition, Harrington's business was a case study that was chronicled and taught for over 12 years at Harvard/MIT, called "The Rise, The Fall and The Rise of Quantum International."

The stock closed yesterday at Fifty cents a share.

For an in-depth profile of Expert Group, visit http://www.wallstreetnewsalert.com/view-company-profiles.php?profile=HNHI_070710.

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CBS Corporation (NYSE: CBS) up 3.1% on 9.9 million shares traded.

CBS Corporation is a mass media company with constituent parts that reach back to the beginnings of the broadcast industry, as well as newer businesses that operate on the leading edge of the media industry.

Comcast Corporation (NASDAQ: CMCSA) up 0.2% on 26.9 million shares traded.

Comcast Corporation is one of the nation's leading providers of entertainment, information and communication products and services.

Apple Inc (NASDAQ: AAPL) up 4% on 23.3 million shares traded.

Apple continues to lead the industry with its award-winning computers, OS X operating system, and iLife, iWork and professional applications.

Market Commentary:

Crude climbed over $74 per barrel on the expectation that upcoming data would show a drop in U.S. inventories, a positive sign for demand. Benchmark crude rose $2.09 to settle at $74.07 a barrel on the New York Mercantile Exchange.

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This profile is not without bias, and is a paid release. To comply with Section 17(b) of the Securities Act of 1933, WSCF is disclosing that the company has been compensated for dissemination of this information on behalf of one or more of the companies mentioned in this release. For current services performed for H & H Imports Inc. (OTCBB: HNHI), WSCF has been compensated Ninety Thousand Dollars by the company. WSCF holds no shares of the stock. WSCF may receive compensation for future services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. In the event of any receipt of such shares, full disclosure would be shown above. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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