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Home > (EIHI, CRWE, TBUS, SGAE, UNTD) Stock Updates by CRWEWallStreet.com

(EIHI, CRWE, TBUS, SGAE, UNTD) Stock Updates by CRWEWallStreet.com

August 8th, 2011 at 04:58 pm







Eastern Insurance Holdings, Inc. (NASDAQ:EIHI) reported net income for the three months ended June 30, 2011 of $2.0 million, or $0.25 per diluted share, compared to a net loss of $1.4 million, or $0.16 per diluted share, for the same period in 2010. Included in EIHI's 2010 net loss was a loss from discontinued operations of $1.7 million, or $0.19 per diluted share. EIHI's diluted book value per share and tangible diluted book value per share were $15.51 and $13.93, respectively, as of June 30, 2011 compared to $14.88 and $13.38, respectively, as of December 31, 2010.

Eastern Insurance Holdings, Inc., through its subsidiaries, provides workers compensation insurance and reinsurance products in the United States.

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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.

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.
The Internet has become the information superhighway for the buying public. Most people prefer the hassle free transactions that Internet shopping can offer. As a result, the Internet has become the most powerful selling tool. Internet Advertising offers cost effective ways for small businesses to enhance their product or service distribution networks. For example, the use of portals can help create new marketing channels and logistics, or provide better or faster product access for customers.

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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DRI Corporation (NASDAQ:TBUS) announced that the Company's Mobitec AB (the "Mobitec Group") subsidiary in Herrljunga, Sweden, has received an order for MobitecĀ® electronic information display systems ("EIDS") from an original equipment manufacturer ("OEM") on behalf of a fleet operator in Saudi Arabia. The order, with a total value exceeding $650,000 USD, will be delivered in fiscal years 2011 and 2012.

DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information and surveillance technology products.

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Siga Resources Inc (SGAE)


Siga Resources Inc, founded in 2007, is based in South Lake Tahoe, California. Siga is a mineral resource exploration and development company. Siga's strategy targets properties that have the potential for near term production and early positive cash flow. Siga's general geographical interest is North and South America.

Siga Resources Inc. (SGAE) President and CEO, Edwin Morrow, is pleased to announced that Bentley Fairview Resources Co. Ltd., of Ontario, Canada, the Joint Venture Partner for the Big Bear Mining Claims located in San Bernardino County, California, has advanced the initial payment for the initiation of a work program on the Big Bear Mining Claims.

This is the initial payment of a $10,000,000 Joint Venture entered by the two companies with the goal of proving the indicated gold resources on the Big Bear claims and if warranted, developing the Big Bear property to possible production. Siga's work program and the beginning of evaluation of the project are underway as of Aug 3, 2011.

The work program will consist of extensive mapping of existing trenches, outcrop, oxidized zones and other previous workings including drill sites. Geochem sampling of large areas of the claim group along with sampling of all pits and trenches will be conforming with previous mapped and sampled areas which returned assays of greater than .01 oz/ton gold in the soil geochem. These areas of greater than .01 oz/ton gold covered a large area of the claim group and give rise to the anticipated total indicated contained ounces of gold which could range from 1 to 2 million ounces.

The Big Bear project is currently controlled under an agreement to acquire 100 percent of the property. It is situated near Lucerne Valley, CA and currently consists of approx 1440 acres (approx 2.25 square miles) of mining claims. The Big Bear Claims are on the North eastern edge of the San Bernardino Mountains. The project area is known historically as the Blackhawk mining District has been a previous producer of gold and silver. The area is believed to contain economically viable gold mineralization, particularly at the current metals prices. Anticipated total contained gold based on existing reports and studies could be in the range of 2 to 3 million ounces.

Siga Resources is also developing the Lucky Thirteen Placer in British Columbia. Currently in a 50/50 Joint Venture, Siga has installed a 50 cubic yard/hour washing and separation plant and associated excavation machinery which is being employed for bulk sample testing to determine recoverable grades and aid design of a larger production facility which could be in place before year's end.
Some gold salts with anti-flammatory properties are used for treatment of arthritis, while gold nano-particles may be also used for detecting cancer.

Gold's infrared reflectivity properties make it very useful and desired by optical industry as well as by space industry because its reflectivity protects spacecrafts and satellites from solar radiation.

In the 19th century many countries instituted the gold standard, a monetary system in which the standard currency unit was a fixed quantity of gold. However, the United States of America abandoned the gold standard in 1971 what resulted the breakdown of golden system worldwide. However, the majority of states today keep gold reserves as a store of value.

For more information visit their website http://sigaresourcesinc.com

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United Online, Inc. (Nasdaq:UNTD) reported financial results for its second quarter ended June 30, 2011. "Consolidated adjusted OIBDA exceeded our guidance range for the quarter, and consolidated revenues were above the midpoint of our guidance range," said Mark R. Goldston, Chairman, President and Chief Executive Officer of United Online. "FTD continued to deliver strong year-over-year results despite the weak consumer spending environment, with increased revenues and adjusted OIBDA compared to the second quarter of 2010.

United Online, Inc. provides consumer products and services over the Internet, primarily in the United States and internationally. The company operates in three segments: FTD, Classmates Media, and Communications.



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