NVR, Inc. (NYSE:NVR) announced that its Board of Directors has authorized the repurchase of $300 million of its outstanding common stock. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The Company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is consistent with NVR's strategy of maximizing shareholder value. Consistent with prior authorizations, this new authorization prohibits the Company from purchasing shares from the Company's officers, directors, Profit Sharing/401K Plan Trust or Employee Stock Ownership Plan Trust. NVR currently has 5,431,193 shares of common stock outstanding.
NVR, Inc. operates as a homebuilder in the United States. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the trade names of Ryan Homes, NVHomes, Fox Ridge Homes, and Rymarc Homes primarily to first-time homeowners and first-time move-up buyers.
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Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
As per a survey done by a popular research organization around 72 % of the American population owns a computer and has access to the internet. This astonishing result is sufficient to prove why online marketing is such a craze among people and why more and more companies are investing heavily on this medium of advertisement.
Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
For more information, please visit their website: http://www.crownequityholdings.com
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Silver Wheaton Corp. (NYSE:SLW) announced that it is revising its 2011 attributable silver equivalent production guidance from 27 to 28 million silver equivalent ounces to 25 to 26 million silver equivalent ounces, including 15,000 ounces of gold. The Company's 2015 attributable production guidance is unchanged at approximately 43 million silver equivalent ounces, including 35,000 ounces of gold. This remains one of the strongest long-term growth profiles in the precious metals industry.
Silver Wheaton Corp., together with its subsidiaries, operates as a silver streaming company worldwide.
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Noah Holdings Limited (NYSE:NOAH) announced its unaudited financial results for the second quarter 2011. Net revenues in the second quarter of 2011 were US$23.3 million, a 199.1% increase from the corresponding period in 2010. Income from operations in the second quarter of 2011 was US$10.6 million, a 346.4% increase from the corresponding period in 2010. Net income attributable to Noah shareholders in the second quarter of 2011 was US$8.9 million, a 367.4% increase from the corresponding period in 2010. Non-GAAP1 net income attributable to Noah shareholders in the second quarter of 2011 was US$9.3 million, a 213.6% increase from the corresponding period in 2010.
Noah Holdings Limited engages in the distribution of wealth management products to the high net worth population in China.
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Celadon Group Inc. (NYSE:CGI) reported its financial and operating results for the three months and fiscal year ended June 30, 2011, the fourth fiscal quarter of the company's fiscal year ending June 30, 2011. Revenue for the quarter increased 6.3% to $147.7 million in the 2011 quarter from $139.0 million in the 2010 quarter. Freight revenue, which excludes fuel surcharges, decreased 1.2% to $115.3 million in the 2011 quarter from $116.7 million in the 2010 quarter. Net income increased to $5.5 million in the 2011 quarter from $2.7 million for the same quarter last year. Earnings per diluted share increased to $0.24 in the 2011 quarter from $0.12 for the same quarter last year.
Celadon Group, Inc., through its subsidiaries, provides transportation services between the United States, Canada, and Mexico. Its truckload transportation services include long-haul, regional, dedicated, less-than-truckload, intermodal, and logistics services.
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(NVR, CRWE, SLW, NOAH, CGI) Stock Report from CRWEWallStreet.com
August 2nd, 2011 at 04:27 pm