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I guess Nancy’s idea was that you shouldn’t be insolent toward the universe. The Greeks had a word for it: hubris. Hubris attracts the attention of irritable gods. Niobe boasted of her many and fine children only to have Apollo and Artemis kill them; Arachne claimed to be a better weaver than Athena, and was transformed into a spider for her pains. Those tales from mythology arise from some ancient superstitious stratum in our brains that warns us not to tempt our luck.

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9 – The federal government announced it had reached voluntary, five-year deals with Visa, Mastercard and American Express to trim the fees they charge Canadian businesses by 10 basis points. It said the move was expected to save small and medium-sized companies a total of $250 million per year.

26 – General Motors announced it would close five facilities in North America, including its production plant in Oshawa, Ont., as part of a global reorganization that would see the company focus on electric and autonomous vehicle programs. The automaker said the plan would save the company US$6 billion by 2020. The closure in Oshawa, planned for the end of 2019, would affect approximately 2,500 jobs.

2 – Twelve young boys and their soccer coach were found alive by rescue divers nine days they were trapped by flooding while exploring a cave in northern Thailand. The grueling search had begun on June 23 and was complicated by continuing heavy rains. Drivers brought the boys and their coach food and first aid while officials tried to figure out how to get them to safety when none of the boys could swim. A Navy Seal died on July 6 while delivering oxygen to the cave. Guided by experienced divers, all the boys and the coach were brought out safely from July 8-10.

79.1% of Insteel Industries shares are held by institutional investors. 72.8% of Sutor Technology Group shares are held by company insiders. Comparatively, 5.2% of Insteel Industries shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Elizabeth Pattman can be reached at (336) 249-3981, ext. 213, or at epattman@the-dispatch.com. Follow Elizabeth on Twitter: @LexDispatchEP

20 – The World Anti-Doping Agency reinstated Russia, ending a nearly three-year suspension of the country’s drug-testing program because of a state-sponsored doping scheme. WADA said the reinstatement was subject to strict conditions but the head of the Canadian Centre for Ethics in Sport said the agency was effectively thumbing its nose at clean athletes.

Absolute Software (OTCMKTS:ALSWF) and VOESTALPINE AG/ADR (OTCMKTS:VLPNY) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, profitability, risk and valuation.

As discussed previously, the need for an intermediate-scale demonstration unit depends on numerous technical factors, as well as commercial requirements. For example, a key step in the commercialization of novel bio-based fuels, polymers and chemicals might be the production of large quantities of materials for market testing and qualification by the end users. Typically, the required volumes for market testing of new products are difficult to produce at the pilot-plant scale.

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A total of 768 publicly traded companies are listed on the SGX as of January 2009, 455 of which are domestic companies and 313 of which are international companies. The number continues to grow and the reason behind this is further explained below.