Velcro Companies to Acquire Belgium-Based Specialty Weaving Manufacturers Alfatex and Gevaert

Velcro Companies, a global leader in fastening solutions, today announced that it has acquired Alfatex, a leading manufacturer of hook and loop fasteners in the medical, automotive and industrial sectors, and Gevaert, which manufactures elastic and rigid webbings for the apparel industry. The move will expand Velcro Companies presence in Europe, broaden its product portfolio and open the way for investment in research and development to speed the pace of product innovations.

VectorVest Releases VectorVest 7 Europe

Today, VectorVest announced the release of VectorVest 7 Europe, its most recent addition to VectorVests extensive worldwide share coverage. VectorVest 7 Europe provides investors with a comprehensive fundamental and technical analysis system that analyses more than 2,200 European shares every day, and gives a buy, sell or hold rating on every share, every day. It also provides proprietary market timing signals to alert investors of market tops and bottoms for more profitable trading at lower risk.