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Archive for September, 2011
September 24th, 2011 at 02:17 pm
Majestic Gold Corp. (MJGCF.PK)
The incomparable value of gold throughout time on this planet is gauged in several ways not just financially but emotionally. Yes most people only see the dollar value of gold when its name is mentioned however there is also the eye opening amazement of a prospector discovering a huge gold nugget, the new wife accepting the ring signifying her union to her husband. Even the cold use of gold in the construction of modern electronics has shown that value also exists in its pure versatility.
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September 24th, 2011 at 02:16 pm
Crown Equity Holdings Inc. (CRWE)
VoIP means using an Internet connection for phone calls. When it first began, the technology was pretty rough but these days, VoIP is rocking the planet!
Read full article and disclaimer at: http://crwewallstreet.com/?p=21462
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September 24th, 2011 at 02:10 pm
Global Hunter (GBLHF.PK)
Copper is one of the oldest and easiest metals to be mined, refined, shaped and used for a variety of purposes. In the beginning, copper served as coinage and decoration. When alloyed with tin, copper led humanity out of the Stone Age and into the Bronze Age. When the heat and electrical conductivity of copper was discovered, the metal helped to lead mankind into the industrial age. Now, copper is used in hundreds of applications, especially in power transmission and in vehicles.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21461
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September 24th, 2011 at 02:04 pm
Crown Equity Holdings Inc. (CRWE)
One of the major advantages of VoIP is the low cost. If you have a broadband Internet connection (DSL or cable) you can make PC-to-PC phone calls anywhere in the world for free. If you wish to make a PC-to-phone connection there is usually a charge for this, but at a much cheaper rate than your regular telephone service would charge you.
Read full article and discalimer at: http://crwewallstreet.com/?p=21458
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September 23rd, 2011 at 03:36 pm
Crown Equity Holdings Inc. (CRWE)
The Voice over Internet Protocol technology has been praised from the very beginning but the laurels it has got is far less than what it deserves. It's such a tremendous find that praising it for as long as a century would be insufficient. This might sound as an overstatement for some, but those who have been really benefited by the Business VoIP solutions would instantly agree. For a flourishing business, VoIP is a stepping stone without which the communication expenses would have hit hard.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21448
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September 23rd, 2011 at 03:33 pm
Insight Enterprises, Inc. (NASDAQ:NSIT) has announced that its U.S. operating subsidiary will acquire Tempe-based Ensynch, a leading professional services firm with multiple Microsoft Gold competencies and solutions across the complete IT stack. Ensynch's 2010 services revenue was $16.2 million. The transaction is expected to close within thirty days. "Ensynch brings a depth of knowledge and expertise that will be a tremendous asset to Insight and elevate our services offerings to the next level," said Ken Lamneck, president and CEO of Insight. "Through a dedicated focus on client service, the Ensynch team consistently ranks in the top 2 percent of Microsoft partners. Combining Ensynch's technical skills with Insight's sales engine will elevate our ability to provide clients with complete software solutions to drive their success. We were excited about adding Ensynch's industry-leading capabilities in Cloud, Identity Management and Virtualization to our existing offerings."
Read full article and disclaimer at: http://crwewallstreet.com/?p=21445
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September 23rd, 2011 at 03:27 pm
Cleantech Transit Inc. (CLNO)
Biomass is any organic matter-wood, crops, seaweed, animal wastes- that can be used as an energy source. Biomass is probably our oldest source of energy after the sun. For thousands of years, people have burned wood to heat their homes and cook their food.
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September 23rd, 2011 at 03:24 pm
Analogic Corporation (Nasdaq:ALOG) announced results for its fourth quarter and fiscal year ended July 31, 2011. Revenues of $135.3 million, up 18% from Q4 of fiscal 2010. GAAP operating margin of 5%; Non-GAAP operating margin of 10%. GAAP diluted EPS of $0.45, which includes $0.20 impact of restructuring charge; Non-GAAP diluted EPS of $0.83, up 20% from fiscal 2010. Strong cash flow from operations of $26.0 million.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21441
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September 22nd, 2011 at 03:17 pm
Founded in 1993, Red Hat is the leader in enterprise Linux and is the most recognized open source brand in the world. We serve global enterprises with technology and services made possible by the open source model. Solutions include Red Hat Enterprise Linux, Red Hat Enterprise Virtualization, JBoss Enterprise Middleware, and a broad range of management and services: consulting, 24x7 support, Red Hat Network. Red Hat's global training program operates worldwide and features RHCE and JBCAA, the global standard Linux and middleware certifications.
Red Hat Reports Second Quarter Results
Second quarter revenue of $281 million, up 28% year-over-year
Second quarter GAAP EPS of $0.20, up 67% year-over-year; non-GAAP EPS of $0.29, up 53% year-over-year
Second quarter deferred revenue of $813 million, up 25% year-over-year
Second quarter operating cash flow of $77 million, up 20% year-over-year
Red Hat, Inc. (NYSE:RHT), the world's leading provider of open source solutions, announced financial results for its fiscal year 2012 second quarter ended August 31, 2011.
Total revenue for the quarter was $281.3 million, an increase of 28% from the year ago quarter. Subscription revenue for the quarter was $238.3 million, up 28% year-over-year.
“The combination of strong sales execution and customer demand led to second quarter revenue that was above our guidance and represented our fourth straight quarter of accelerating revenue growth,” stated Jim Whitehurst, President and Chief Executive Officer of Red Hat. “We continued to win and strengthen relationships with enterprise customers who partner with Red Hat to reduce costs while modernizing their IT infrastructure to enable applications to run on bare metal, virtualization and in the cloud. Based on the strong first half results, we believe Red Hat remains well positioned to finish fiscal 2012 as the first billion dollar open source software vendor.”
GAAP operating income for the second quarter was $52.5 million, or 18.7% operating margin. After adjusting for stock compensation and amortization expenses as detailed in the tables below, non-GAAP operating income for the second quarter was $76.4 million, up 41% year-over-year. Non-GAAP operating margin was 27.2%, up 250 basis points from the year ago quarter.
Net income for the quarter was $40.0 million, or $0.20 per diluted share, compared with $23.7 million, or $0.12 per diluted share, in the year ago quarter. After adjusting for stock compensation and amortization expenses, non-GAAP net income for the quarter was $56.5 million, or $0.29 per diluted share, as compared to $36.8 million, or $0.19 per diluted share, in the year ago quarter. Both GAAP and non-GAAP net income for the quarter included a discrete tax benefit of $2.1 million, approximately $0.01 per diluted share. Excluding this tax benefit, GAAP earnings per share would have been $0.19 and non-GAAP earnings per share would have been $0.28 for the quarter.
Operating cash flow was $77.1 million for the second quarter, as compared to $64.3 million in the year ago quarter. At quarter end, the company’s total deferred revenue balance was $813.2 million, an increase of 25% on a year-over-year basis. Total cash, cash equivalents and investments as of August 31, 2011 was $1.3 billion.
Learn more: http://www.redhat.com.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21427
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September 22nd, 2011 at 03:06 pm
Global Hunter (GBLHF.PK)
One of copper's advantage over aluminum is its higher electrical conductivity; copper conductivity is nearly 2x that of aluminum. Higher conductivity drives higher efficiency, as less of the power that the motor generates is lost due to heat and resistance. Copper rotors need less material than aluminum rotors to achieve the same performance levels.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21423
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September 22nd, 2011 at 02:58 pm
Crown Equity Holdings Inc. (CRWE)
You can take your Voice over Internet Protocol with you anywhere that the internet protocol is available. Whether you use a portable ATA ("Analog Telephone Adapter") with a regular phone, or your laptop configured for soft phone, it makes no matter. You can take your phone number, calling service, and features on the road with you on your next business trip.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21421
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September 22nd, 2011 at 02:55 pm
Ashford Hospitality Trust, Inc. (NYSE:AHT) declared a quarterly cash dividend of $0.10 per diluted share for the Company's common stock for the third quarter ending September 30, 2011. The dividend, which equates to an annual rate of $0.40 per share, is payable on October 17, 2011, to shareholders of record as of September 30, 2011. The Board declared a quarterly cash dividend of $0.5344 per diluted share for the Company's 8.55% Series A Cumulative Preferred Stock for the third quarter ending September 30, 2011. The dividend, which equates to an annual rate of $2.1375 per share, is payable on October 17, 2011, to shareholders of record as of September 30, 2011.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21419
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September 22nd, 2011 at 02:46 pm
Duff & Phelps Corporation (NYSE UF) announced that it will present at the JMP Securities Second Annual Financial Services and Real Estate Conference on Monday, September 26, 2011 at the St. Regis Hotel in New York City. Duff & Phelps' presentation is scheduled for 10:30 a.m. EDT. Investors and other interested parties can listen to a live webcast of the event by accessing http://ir.duffandphelps.com/ a few minutes in advance of the scheduled time.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21417
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September 21st, 2011 at 02:36 pm
Xyratex Ltd (NASDAQ:XRTX) will release its financial results for the fiscal third quarter ended August 31, 2011 after the market closes on Thursday, September 29, 2011. Conference Call Information. The company will host a conference call to discuss its results at 1:30 p.m. PT/4:30 p.m. ET on Thursday, September 29; 2011.The conference call can be accessed online via the company's website www.xyratex.com/investors.
Read more at: http://crwewallstreet.com/?p=21406
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September 21st, 2011 at 02:08 pm
Xyratex Ltd (NASDAQ:XRTX) will release its financial results for the fiscal third quarter ended August 31, 2011 after the market closes on Thursday, September 29, 2011. Conference Call Information. The company will host a conference call to discuss its results at 1:30 p.m. PT/4:30 p.m. ET on Thursday, September 29; 2011.The conference call can be accessed online via the company's website www.xyratex.com/investors.
Read more at: http://crwewallstreet.com/?p=21406
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September 21st, 2011 at 01:58 pm
Web.com Group, Inc. (Nasdaq:WWWW) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR, for Web.com's previously announced acquisition of privately-held Network Solutions has expired. Expiration of the HSR waiting period satisfies one of the conditions to the closing of the acquisition as specified in the Purchase Agreement, dated August 3, 2011, between Web.com Group, Inc. and Net Sol Holdings, LLC, which owns Network Solutions. In addition, Web.com announced that the special stockholders meeting to approve the issuance of shares as outlined in the Purchase Agreement will be held on Tuesday, October 25, 2011 at 3:30 p.m. Eastern Time at the Web.com Corporate Offices, located at 12808 Gran Bay Parkway West, Jacksonville, FL 32258. Holders of record of Web.com common shares at the close of business on Monday, September 12, 2011, the record date for the special meeting, are entitled to vote at the special meeting.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21403
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September 21st, 2011 at 01:47 pm
Ares Capital Corporation (NASDAQ:ARCC) announced the closing of the first investment by the newly formed project finance team of its investment adviser, Ares Capital Management LLC. Ares Capital acted as the lead second lien debt investor by committing $59 million in a $110 million second lien term loan in support of the refinancing of La Paloma Generating Company, a four-unit, 1,022 MW natural gas-fired power facility located in Kern County, CA. La Paloma is owned by EIG Global Energy Partners and Rockland Capital, among other investors. Rockland Capital is also the asset manager of the project.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21402
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September 21st, 2011 at 01:42 pm
Crown Equity Holdings Inc. (CRWE)
Today lots of businesses are making the switch to Voice over Internet Protocol (or VoIP for short) as a way to save money on expensive monthly telephone bills. Of course consumers are also taking advantage of internet telephony but it is the business world that typically has the most to gain by incorporating VoIP into their telephone service, for a number of reasons.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21401
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September 20th, 2011 at 02:01 pm
With 100 years of facility services experience, we continue to serve thousands of customers across the U.S. and British Columbia, Canada.
ABM offers:
Janitorial
Parking
Security
Engineering/Maintenance
Energy
Landscape & Golf
Because ABM is one of the largest facilities services contractors in the U.S., we can offer you state-of-the-art services cost effectively. Our substantial base of long-term customers demonstrates the importance that we place on building enduring relationships.
As an ABM customer, you have the advantage of obtaining multiple services under one contract with a single point of contact, making it easy for you to outsource these functions without administrative headaches. We provide any or all services on a local, regional or national basis.
In everything we do, you’ll see how we’ve earned a reputation for integrity and high levels of performance. For the next 100 years, we’re dedicated to maintaining that reputation and keeping our customers happy.
Ampco System Parking has been awarded a multi-year contract to manage parking operations at Missouri’s Lambert-St. Louis International Airport (STL). Ampco System Parking is a subsidiary of ABM Industries Incorporated (NYSE:ABM), a leading provider of integrated facility services.
Ranked as the 30th busiest airport in the U.S. by Airports Council International North America, Lambert-St. Louis International Airport served more than 12 million passengers in 2010.
Under the terms of the multi-million dollar contract, which began September 1, Ampco will operate and oversee 8,800 parking spaces across STL’s two parking garages and four surface parking lots. Additionally, Ampco will manage five separate shuttle routes with a fleet of 37 shuttles to transport airport customers to and from remote parking facilities. Approximately 230 Ampco employees will be engaged in providing parking services at the airport.
In addition to the contract with Lambert-St. Louis International Airport, Ampco provides parking services at many other key airports around the country, including: Tampa, Orlando, Austin, Colorado Springs, Omaha, LaGuardia, JFK, Newark, Minneapolis, Wichita and Long Beach.
Ampco System Parking manages nearly 2,000 office, airport, hotel, hospital, retail, education, entertainment and other multi-use parking operations across the U.S. Among other services, Ampco provides: parking management; shuttle transportation services; valet parking; on-and-off-street meter collections and enforcement; rate analysis and recommendations; parking utilization analysis; and consulting on pre-construction design, equipment procurement/installation and layout of parking facilities.
For more information visit www.abm.com.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21388
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September 20th, 2011 at 01:57 pm
Crown Equity Holdings Inc. (CRWE)
Voice over Internet protocol (VoIP) has recently become more common in corporations large and small. By combining separate voice and data transmissions onto the same line, this new communications option enables companies to lower their telecommunications costs and, after taking advantage of the savings, companies are looking to extend VoIP's benefits.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21386
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September 20th, 2011 at 01:52 pm
Global Hunter (GBLHF.PK)
In addition to being useful in manufacturing, copper is also a vital dietary nutrient, although only small amounts of the metal are needed for well-being. Copper appears in several enzymes, facilitates the absorption of iron, and helps to transmit electrical signals in the body. In high doses, however, the metal can be extremely toxic. Copper can also saturate the water and soil, posing risks to wildlife. On a more benign level, copper can stain clothing and flesh, as many people have probably noticed.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21385
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September 20th, 2011 at 01:43 pm
Sonoco Products Company (NYSE:SON) announced that it has been selected to the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year. DJSI World is comprised of the leading global companies in terms of economic performance, environmental stewardship and social responsibility. Dow Jones Sustainability Indexes are determined following an annual review by SAM, an investment boutique focused exclusively on sustainability investing, along with Dow Jones Indexes.
Read more at: http://crwewallstreet.com/?p=21382
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September 20th, 2011 at 01:23 pm
American Financial Group, Inc. (NYSE:AFG) announced that David J. Witzgall, Vice President & Treasurer, and Diane P. Weidner, Assistant Vice President, will make a company presentation at the 2011 INVESTOhio Equity Conference being held at The Hilton Easton in Columbus, Ohio on Thursday, September 22, 2011 at 11:25 am (ET). Their presentation will be broadcast live over the Internet via a webcast link within the Investor Relations section of AFG's website, www.AFGinc.com.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21381
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September 20th, 2011 at 01:21 pm
Platinum Underwriters Holdings, Ltd. (NYSE:PTP) will report financial results for the quarter ended September 30, 2011 after the close of trading on the New York Stock Exchange on Tuesday, October 18, 2011. The Company will host a teleconference to discuss the financial results on Wednesday, October 19, 2011 at 8:00 a.m. Eastern time. The call may be accessed by dialing 800-656-7435 (US callers) or 913-312-1430 (international callers) or in a listen-only mode via the Investor Relations section of Platinum's website at www.platinumre.com.
Read more at: http://crwewallstreet.com/?p=21380
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September 20th, 2011 at 01:17 pm
CenturyLink, Inc. (NYSE:CTL) announced that its subsidiary, Qwest Corporation, agreed to sell $500 million aggregate principal amount of 7.50% Notes due 2051. Qwest Corporation also granted the underwriters of this offering an option to acquire up to an additional $75.0 million principal amount of these notes to cover over-allotments. The notes are callable at par on and after September 15, 2016. The closing of this offering is expected to occur on September 21, 2011.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21378
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September 20th, 2011 at 01:14 pm
Ryder System, Inc. (NYSE:R) Executive Vice President and Chief Financial Officer Art Garcia will present a Company update at the 2011 RBC Capital Markets' Global Industrials Conference. Ryder System, Inc. Executive Vice President and Chief Financial Officer Art, Garcia. 2011 RBC Capital Markets Global Industrials Conference. Mandarin Oriental, Las Vegas, Nev. Sept. 20, 2011. Time: 3:55 p.m. 4:25 p.m. PST, Webcast: To access the live webcast, visit http://investors.ryder.com.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21377
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September 19th, 2011 at 04:23 pm
Asia Pacific Wire & Cable Corporation (NASDAQ:APWC)
Asia Pacific Wire & Cable Corporation Limited, announced unaudited consolidated results for the second quarter and first half ended June 30, 2011.
Asia Pacific Wire & Cable Corporation is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. The Company also provides project engineering services in the supply, delivery and installation (”SDI”) of power cables to certain of its customers.
APWC reported strong financial results in the second quarter and the first half of 2011 in spite of a slight decrease in the copper price. The majority of the Company’s products and services are used in industrial, power and telecommunications infrastructure in the growing Asia-Pacific region. The Company revenues were $148.7 million, an increase of 40.3% from $106.0 million in the same period a year ago, and an increase of 22.1% from $121.8 million in the first quarter of 2011. Also the Company’s gross profit increased to $16.4 million, an increase of 15.1% from $14.2 million from the second quarter of 2010, and 26.1% from $13.0 million in the prior quarter.
Asia Pacific Wire & Cable Corporation manufactures and distributes its own wire and cable products and also distributes wire and cable products (”Distributed Products”) manufactured by its principal shareholder, Pacific Electric Wire & Cable Company, a Taiwanese company (”PEWC”).
For more info about Asia Pacific Wire & Cable Corporation visit http://www.apwcc.com/
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VimpelCom Ltd. (NYSE:VIP), a leading international provider of telecommunications services, announces that its Supervisory Board declared the payment of an interim dividend of US$0.45 per American depositary share ("ADS") in relation to its 2011 results. Each ADS represents one common share. The total interim dividend payment will be approximately US$733 million. The record date for the Company's shareholders entitled to receive the interim dividend has been set for December 1, 2011. The ex-dividend date is November 29, 2011. The Company will make appropriate tax withholdings of up to 15% when the dividend is paid to the Company's ADS depositary, The Bank of New York Mellon. The dividend will be paid by the Company before December 31, 2011.
VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies.
Read full article and disclaimer at: http://crwewallstreet.com/?p=21360
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September 19th, 2011 at 03:12 pm
Global Hunter (GBLHF.PK)
Besides the fact that copper pots and pans save a great deal of energy through proper heat conduction, it is also very long lasting. It is quite often that copper cooking utensils are used for generation after generation, all the while still looking as good as new. This is yet another advantage that you would get from using copper kitchen cookware because these utensils maintain their luster and show for as long as you want.
Read the full article and disclaimer at: http://crwewallstreet.com/?p=21370
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September 19th, 2011 at 03:08 pm
The Dixie Group, Inc. (NASDAQ XYN) reported that it has refinanced its senior revolving credit facility together with the existing term loan secured by its Santa Ana property. The purpose of these transactions is to permit early redemption of the outstanding $9.7 million of 7% convertible subordinated debentures due in May of 2012 and to extend the Company's financing for another five-year period. The transaction, with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), as Agent and co-lender with Bank of America, consists of a new $90 million revolving credit facility with a five-year term and a term loan secured by the Santa Ana carpet facility, with Wells Fargo Bank, NA as lender.
Read more at: http://crwewallstreet.com/?p=21368
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September 19th, 2011 at 03:04 pm
Cleantech Transit Inc. (CLNO)
Renewable geothermal energy facilities are very aesthetic and pleasing to the eye, and these facilities do not mar the landscape or natural environment the way oil rigs and other fossil fuel recovery efforts can. Geothermal plants will blend in with the natural surroundings, and they can be situated on the oceans and other bodies of water as well. This means less land used for these energy plants, so more can be used for housing and food crops. Building geothermal power generation plants in the ocean maximizes land use and allows many more plants to be erected. This can help meet the global energy needs of the future without causing hunger or overcrowding.
Read more at: http://crwewallstreet.com/?p=21366
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