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(GEN, SHP, FL, CLNO) Stock under Consideration by CRWEWallStreet.com

August 18th, 2011 at 05:02 pm

GenOn Energy, Inc. (NYSE:GEN) reported adjusted EBITDA of $102 million for the second quarter of 2011 compared to $149 million for the same period of 2010. Adjusted loss from continuing operations was $82 million for the second quarter of 2011 compared to adjusted income of $46 million for the same period last year. GenOn Energy reported a net loss of $138 million for the second quarter of 2011 compared to a net loss of $263 million for the same period of 2010.
Read more at: http://crwewallstreet.com/?p=20952

(CRWE, ATLS, BITA, MX) Stock Updates by CRWEWallStreet.com

August 18th, 2011 at 05:00 pm

Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Mr. Kumar and Mrs. Sherma will own 50% of the joint venture and Crown Equity Holdings Inc. will own the remaining fifty percent (50%) interest in the joint venture.

Read more at: http://crwewallstreet.com/?p=20953

(DG, CLNO, DDD, WSM) Stock Report from CRWEWallStreet.com

August 18th, 2011 at 04:56 pm

Dollar General Corporation (NYSEBig GrinG) plans to report its financial results for its fiscal 2011 second quarter ended July 29, 2011, on Tuesday morning, August 30, 2011. In connection with the announcement, Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer, will host a conference call on Tuesday, August 30, 2011, at 9:00 a.m. CT/10:00 a.m. ET. If interested parties wish to participate, please call (866) 710-0179 at least 10 minutes before the conference call is scheduled to begin. The pass code for the conference call is “Dollar General.” The call will also be broadcast live online at www.dollargeneral.com.

Read more at: http://crwewallstreet.com/?p=20954

(AMD, MJS.V, RHT, NWL) Featured Stock by CRWEWallStreet.com

August 18th, 2011 at 04:53 pm

Advanced Micro Devices, Inc (NYSE:AMD) announced the availability of the AMD Quad Buffer SDK for AMD HD3D technology, delivering a vital tool to developers engaged in building immersive stereo 3D capabilities into upcoming game titles. Concurrently, new passive and active monitors from Acer, LG, Samsung, and Viewsonic have further expanded ecosystem support for AMD HD3D technology. End-users with systems including any of the following: the AMD A-Series APUs, AMD Radeon™ HD 5000 or HD 6000 HD3D-capable graphics products now have even more choice thanks to the Open Stereo 3D initiative in building their stereo 3D gaming or Blu-ray 3D playback system.
Read more at: http://crwewallstreet.com/?p=20955

(N, CRWE, LZB, LYV) Stock in Review by CRWEWallStreet.com

August 18th, 2011 at 04:52 pm

NetSuite Inc. (NYSE:N) announced some of the latest channel businesses to seize the market opportunity created by NetSuite’s leadership in the fields of services resource planning (SRP) and professional services automation (PSA). These companies expanded their market offerings and made inroads into the professional services industry through NetSuite’s Solution Provider Program in response to the growing market demand for these solutions.

(AIQ, CLNO, ZX, LCC) Noticeable Stock by CRWEWallStreet.com

August 18th, 2011 at 04:47 pm

Crown Equity Holdings Inc. (CRWE)
If you have been hearing about all the buzz and fuss surrounding VoIP services and scratching your head as to what it’s all about, here’s the magic answer; it is a revolution in telecommunication services where you are able to make phone calls over the internet, rather than using a conventional phone line.
Read more at: http://crwewallstreet.com/?p=20959

(CACI, CCSC, EJ, ZLC, CRWE) Stock to Watch by CRWEWallStreet.com

August 18th, 2011 at 04:17 pm


Celebrating our 50th year in business, CACI sustains an exceptional record of success by providing professional services and IT solutions needed to prevail in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR solutions and services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI solutions help federal clients provide for national security, improve communications and collaboration, secure information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. A member of the Fortune 1000 Largest Companies and the Russell 2000 index,CACI provides dynamic careers for approximately 13,900 employees working in over 120 offices in the U.S. and Europe.

CACI Reports Record Results for Its Fiscal 2011 Fourth Quarter and Full Year and Raises Fiscal 2012 Guidance
Net income before earn-out adjustment increased 44.8 percent for the quarter and 31.2 percent for the year
Diluted EPS before earn-out adjustment increased 40.9 percent for the quarter and 28.6 percent for the year
Operating income before earn-out adjustment increased 36.3 percent for the quarter and 25.3 percent for the year
Revenue increased 13.5 percent for the quarter and 13.6 percent for the year
Organic revenue growth of 11.5 percent for the quarter and 11.6 percent for the year
Operating cash flow increased 7.9 percent to $226.0 million for the year

CACI International Inc (NYSE:CACI), a leading professional services and information technology solutions provider to the federal government, announced results for its fourth fiscal quarter and full fiscal year ended June 30, 2011.
Paul Cofoni, CACI’s President and CEO, said, “In Fiscal 2011, we delivered on our financial goals of mid- to high-single-digit organic revenue growth and double-digit earnings growth. We achieved record results in revenue, operating income, EPS, and cash flow, and our strong funding orders for the year – the highest in CACI’s history – give us confidence that we will sustain our top and bottom line growth into the future. Our Board of Directors has replaced our $175 million share repurchase authorization with an authorization to repurchase up to 4 million shares, and we fully expect to implement a corresponding repurchase plan which is expected to deliver further value to our shareholders.”
Mr. Cofoni added, “Our strong performance results are directly attributable to our growth strategy to pursue high-priority, well-funded markets; our operational excellence; our success in capitalizing on opportunities in emerging markets; and our ability to compete for and win new business. We believe the government is committed to achieving a balanced deficit reduction that will not put national security at risk, and we continue to see growth opportunities and funding in our strategic focus areas of defense, intelligence, homeland security, cybersecurity, and IT modernization and transformation of government.
“Persistent threats to our national security continue to create strong demand for CACI’sinnovative C4ISR solutions and services, and federal budgetary constraints are increasing the demand for our IT modernization and government transformation capabilities that can reduce costs, increase productivity, and provide improved service to taxpayers. Our momentum is accelerating in the high-growth cyber arena with FY11 cybersecurity awards totaling over $120 million while our acquisition of Pangia Technologies and planned purchase of Paradigm Holdings offer additional significant cybersecurity capabilities. We also expect growth as a result of our significant inroads into the healthcare IT market in FY11, including our recent prime position on the Department of Veterans Affairs $12 billion Transformation Twenty-One Total Technology IDIQ contract.
“We are celebrating our 50th year of serving clients with excellence, delivering value to our shareholders, and providing opportunities for our diverse employee team to be the best. Our Fiscal Year 2011 achievements and forward momentum give us the confidence to raise our guidance for Fiscal Year 2012. We look forward to another year of meeting our financial goals while creating new value for our clients and our shareholders.”
Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.

Read more at: http://crwewallstreet.com/?p=20961

(INFA, CHKE, CLNO, ACHN) Noticeable Stock by CRWEWallStreet.com

August 17th, 2011 at 01:36 pm


Informatica Corporation (NASDAQ:INFA) announced it has been named the winner of the Data Quality category in CRM Magazine’s 2011 CRM Market Leaders Awards. Built on the Informatica Platform, the Informatica Data Quality solution empowers line-of-business managers, data stewards and business analysts to collaborate in addressing enterprise data quality. By making the business more self-sufficient and IT more productive, data quality improvement can become an enterprise wide focus, greatly reducing the dependence on scarce IT resources while driving better business outcomes.
Read more at: http://crwewallstreet.com/?p=20943

(CRWE, GIGM, CYTR, SVNT) Notable Stock by CRWEWallStreet.com

August 17th, 2011 at 01:33 pm

Crown Equity Holdings Inc., (CRWE)
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. 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.

Read more at: http://crwewallstreet.com/?p=20942

(MDVN, CLNO, FOLD, AZPN) Stock in Focus by CRWEWallStreet.com

August 17th, 2011 at 01:26 pm

Medivation, Inc. (NASDAQ:MDVN) reported its financial results for the second quarter ended June 30, 2011. “We and our partner Astellas continue to work diligently toward our goal of developing MDV3100 across the spectrum of advanced prostate cancer disease states, and are pleased to announce that we expect to report interim analysis data from our post-chemotherapy Phase 3 AFFIRM trial this year,” said David Hung, M.D., president and chief executive officer of Medivation.
Read more at: http://crwewallstreet.com/?p=20941

(KEYW, PLXT, CTXS, CRWE) Stock in Review by CRWEWallStreet.com

August 17th, 2011 at 01:21 pm

KEYW Corporation (Nasdaq:KEYW) is pleased to announce completion of the acquisition of Flight Landata, Inc. (”FLD”) (flightlandata.com) that was announced on July 28, 2011. As previously disclosed, FLD was a highly regarded provider of agile airborne Intelligence Surveillance and Reconnaissance (ISR) solutions and Micro Terrain Intelligence to the U.S. Defense Department and the Warfighter. With this transaction, KEYW continues to expand its cyber superiority platform to encompass geospatial and imagery intelligence, complementing its considerable domain expertise in signals intelligence solutions.
Read more at: http://crwewallstreet.com/?p=20940

(NTWK, CERS, CLNO, CIEN) Stock Highlights by CRWEWallStreet.com

August 17th, 2011 at 01:17 pm

NetSol Technologies, Inc. (Nasdaq:NTWK) announced that Salim Ghauri, the company’s President and Head of the Asia Pacific Region, purchased 100,000 shares of NetSol Technologies’ common stock on the open market at an average price of $0.83. This purchase follows prior purchases of 200,000 shares in February 2011 and 350,000 shares in May 2010, bringing Ghauri’s ownership in NetSol to 5% on a fully diluted basis.
Read more at: http://crwewallstreet.com/?p=20939

(MJS.V, RVBD, CLNT, TST) Featured Stock by CRWEWallStreet.com

August 17th, 2011 at 01:11 pm

Majestic Gold Corp. (MJS.V)
From the very beginning of recorded history, gold has been in myriad of uses for mankind. Its occurrence is in the form of grains in rocks, veins and alluvial deposits. Out of all metals which are known, gold posses a high degree of ductility and malleability and it is dense, soft and shiny. Apart from these, properties which make gold find numerous applications in industries are its resistance to corrosion, electrical conductivity, infrared reflectivity and thermal conductivity.
Read more at: http://crwewallstreet.com/?p=20938

(VIVO, SRSL, BDE, CLNO) Stock Report from CRWEWallStreet.com

August 17th, 2011 at 01:01 pm

Meridian Bioscience, Inc. (NASDAQ:VIVO) is pleased to announce the launch of a new Clostridium difficile rapid test, ImmunoCard C. difficile GDH. This assay detects the common antigen, Glutamate dehydrogenase, produced by toxigenic and non-toxigenic strains of Clostridium difficile. Toxigenic strains of Clostridium difficile are frequently associated with hospital and community acquired diarrhea and can lead to life-threatening complications or death. ImmunoCard C. difficile GDH can be used by laboratories worldwide to screen patients with diarrhea for C. difficile. To differentiate those patients at risk of disease associated with toxigenic C. difficile, GDH-positive patients are often confirmed with toxin-detecting tests such as highly sensitive molecular assay, illumigene® C. difficile.
Read more at: http://crwewallstreet.com/?p=20936

(SATS, ESLT, CRWE, IBOC) Stock Updates by CRWEWallStreet.com

August 17th, 2011 at 12:59 pm

EchoStar Corporation (NASDAQ:SATS) reported total revenue of $584 million for the quarter ended June 30, 2011, a 3.1 percent decrease compared with $603 million for the corresponding period in 2010. EchoStar reported net income attributable to common shareholders of $18 million for the quarter ended June 30, 2011, compared with a net loss of $41 million during the corresponding period in 2010. Diluted earnings per share were $0.21 for the quarter ended June 30, 2011, compared with a loss per share of $0.49 for the corresponding period in 2010.
Read more at: http://crwewallstreet.com/?p=20935

(CLNO, ECYT, HMIN, PCCC) Stock under Consideration by CRWEWallStreet.com

August 17th, 2011 at 12:54 pm


Cleantech Transit Inc (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://crwewallstreet.com/?p=20934

(ZOOM, CRWE, FAX, BQI, AIS) Stock to Watch by CRWEWallStreet.com

August 16th, 2011 at 04:39 pm


Zoom Technologies, Inc., through its subsidiaries, operates as a technology company that engages in electronic and telecommunication product design, development, and manufacturing. The company provides electronic manufacturing services (EMS) for original equipment manufacturer (OEM) customers, as well as involves in the design and production of mobile phone products. It develops and produces GSM and CDMA mobile phones, wireless telecommunication modules, digital cameras, cable TV set-top boxes, and GPS equipment.

Revenue increased 34.3% over same quarter last year to $57.6 million.
Proprietary brand phone sales in the second quarter of 2011 reached 207,443 units compared to 56,714 units sold in same quarter last year. In addition to these sales, another 50,700 units were sold in India.
Revenues from sales of own brand products in the second quarter of 2011 were $14.9 million, an increase of 233% over the same quarter last year.
Gross profit rose 28.4% over same quarter last year to $5.9 million.
Net income, after incurring added R&D costs of approximately $1 million for new phones, decreased 26.5% to $1.5 million from same quarter last year.
Zoom Technologies, Inc. (Nasdaq:ZOOM), a leading China based manufacturer of mobile phones and related products, reported financial results for the second quarter ended June 30, 2011.
Our revenues were $57,564,265 for the quarter ended June 30, 2011, an increase of 34.3% or $14,687,392 as compared to $42,876,873 in the corresponding quarter last year. The increase was mainly due to the sales of our proprietary “Leimone” brand mobile phones. Our EMS revenue, other than own brand phone sales, for the second quarter of 2011 was $43.3 million or an increase of 12.8% from $38.4 million in the same period of 2010.
In the second quarter of 2011, we sold 207,443 units of our Leimone brand phones of which 158,751 were 3G models, total sales in Leimone phones were $13.8 million. Another 50,700 of our LongTel brand phones were sold to India and brought in sales of $1.2 million. Revenues from sales of our own branded products in the second quarter of 2011 were $14.9 million, representing an increase of 233% over $4.5 million for the same three-month period in 2010 where total units of Leimone brand phones sold were 56,714 of which 10,210 were 3G units.
Gross profit for the second quarter of 2011 was $5,881,890, an increase of 28.4% or $1,302,133 over $4,579,757 of the second quarter last year. Gross margin, the ratio of gross profit as a percentage of revenues was 10.2% in Q2 of 2011 compared to 10.7% for Q2 2010.
For the quarter ended June 30, 2011, after incurring added R&D costs of approximately $1 million for new phones to be released later this year, the Company’s net income was $1,495,223, a decrease of $539,425 or 26.5% from $2,034,648 for the corresponding 2010 quarter. Net margins, the ratio of net income over revenues, for the second quarters of 2011 and 2010 were 2.6% and 4.7% respectively.
Mr. Lei Gu, Chairman and Chief Executive Officer of Zoom Technologies, commented, “We are demonstrating our commitment to bringing advanced and innovative mobile phones to the markets under our proprietary brands. Our new series of stylish, tough and smart handsets shows the edge we have over the competition and we are excited about their release later this year internationally, including Asia, Europe and the United States.”
More about ZOOM at www.zoom.com

Read more at: http://crwewallstreet.com/?p=20924

(KW, CRWE, AAN, WWE) Stock under Consideration by CRWEWallStreet.com

August 16th, 2011 at 04:26 pm

Kennedy-Wilson Holdings, Inc. (NYSE:KW) reported a second quarter 2011 net loss attributable to common shareholders of $2.4 million (or $0.06 per basic and diluted share) compared to net income attributable to common shareholders of $8.5 million (or $0.22 per basic and $0.20 per diluted share) for the same period in 2010. Net loss attributable to common shareholders, adjusted for the non-recurring common stock issuance discount treated as a preferred dividend and stock-based compensation expense, was $0.5 million (or $0.01 per basic share) compared to income of $10.5 million (or $0.27 per basic share) for the same period in 2010.
Read more at: http://crwewallstreet.com/?p=20915

(CNK, CLNO, GRM, MCP) Stock Updates by CRWEWallStreet.com

August 16th, 2011 at 04:23 pm

Cinemark Holdings, Inc. (NYSE:CNK) announced that its wholly-owned subsidiary Cinemark USA, Inc. (the “Company”), pursuant to its Registration Statement on Form S-4 (the “Registration Statement”) that was declared effective on August 4, 2011 by the Securities and Exchange Commission, commenced an exchange offer to all holders of $200,000,000 principal amount of its 7.375% Senior Subordinated Notes due 2021 (the “Initial Notes”) to exchange their privately held Initial Notes for new publicly registered 7.375% Senior Subordinated Notes due 2021 (the “Exchange Notes”). The Exchange Notes are substantially identical to the Initial Notes except that the Exchange Notes will be freely tradable by persons who are not affiliated with the Company and will not contain terms relating to registration rights.

Read more at: http://crwewallstreet.com/?p=20916

(CSR, PLOW, CRWE, YOKU) Stock Report from CRWEWallStreet.com

August 16th, 2011 at 04:17 pm

China Security & Surveillance Technology, Inc. (NYSE:CSR) announced that it has filed with the Securities and Exchange Commission (”SEC”) the definitive proxy statement in connection with the previously announced merger under the Amended and Restated Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 3, 2011, by and among Rightmark Holdings Limited, a British Virgin Islands company (”Parent”), Rightmark Merger Sub Limited, a Delaware corporation and a wholly owned, direct subsidiary of Parent (”Merger Sub”), the Company and Mr. Guoshen Tu (solely for the purpose of Section 6.15 of the Merger Agreement), pursuant to which Merger Sub will be merged with and into the Company with the Company surviving the merger as a wholly owned subsidiary of Parent.
Read more at: http://crwewallstreet.com/?p=20917

(MJS.V, ARL, KAD, VHC) Stock Highlights by CRWEWallStreet.com

August 16th, 2011 at 04:13 pm

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Read more at: http://crwewallstreet.com/?p=20919

(NGD, CLNO, LNG, ANX) Stock in Review by CRWEWallStreet.com

August 16th, 2011 at 04:07 pm

New Gold Inc. (AMEX:NGD) announced the drill results for 12 additional holes and four metallurgical holes on its Blackwater Project in central British Columbia. The latest results are a continuation of New Gold’s aggressive drill program at Blackwater where the company now has assays for a total of 66 additional holes since the completion of the project’s initial March 2011 resource estimate.
Read more at: http://crwewallstreet.com/?p=20920

(GPL, RTK, CRWE, TAT) Stock in Focus by CRWEWallStreet.com

August 16th, 2011 at 04:03 pm

GREAT PANTHER SILVER LIMITED (AMEX:GPL) announced the financial results for the Company’s quarter ended June 30, 2011. This was the first financial year where the Company has prepared its consolidated interim unaudited financial statements using International Financial Reporting Standards (”IFRS”). The full version of the financial statements and management’s discussion and analysis can be viewed on the Company’s web site at www.greatpanther.com.
Read more at: http://crwewallstreet.com/?p=20921

(CLNO, REE, MCZ, NBS) Noticeable Stock by CRWEWallStreet.com

August 16th, 2011 at 01:38 pm


Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Read more at: http://crwewallstreet.com/?p=20923

(CLNO, HIMX, PSTR, IMMU, PFSW) Stock in Action by CRWEWallStreet.com

August 15th, 2011 at 06:08 pm

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Read more at http://crwewallstreet.com/?p=20903

(SODA, SGAE, CRWE, IPAS, MEMS) Noticeable Stock by CRWEWallStreet.com

August 15th, 2011 at 05:35 pm

SodaStream International Ltd. (NASDAQ:SODA) announced its results for the three and six month periods ended June 30, 2011. Revenues increased 38% to Euro 53.3 million. America’s revenues increased 136% to Euro 11.3 million. Adjusted diluted earnings per share was Euro 0.29 or $0.42. Revenue from soda makers increased 36% to Euro 22.7 million. Revenue from consumables increased 54% to a record Euro 29.8 million.
SodaStream International Ltd. engages in the development, manufacture, and marketing of home beverage carbonation systems and related products.
Read more at http://crwewallstreet.com/?p=20907

(OMG, CLNO, DVA, BMS, NC) Noticeable Stock by CRWEWallStreet.com

August 13th, 2011 at 04:18 pm

OM Group, Inc. (NYSE:OMG) announced that it has completed its previously announced acquisition of Vacuumschmelze GmbH & Co. KG (VAC) of Hanau, Germany, a global market leader in advanced materials and specialty magnetics, for approximately 700 million Euros, including $50 million in common stock. The company announced its intent to acquire VAC on July 5, 2011.
Read more at: http://crwewallstreet.com/?p=20886

(MCP, CRWE, CLNO, MDSO, SBAC, ASBI) Stock to Watch by CRWEWallStreet.com

August 12th, 2011 at 06:27 pm



Colorado-based Molycorp, Inc. is the only rare earth oxide (REO) producer in the Western Hemisphere and the largest REO producer outside of China. In addition to its flagship rare earth mine and processing facility at Mountain Pass, California, Molycorp also owns a controlling interest in the Estonia-based Molycorp Silmet AS. One of the largest rare earth and rare metal producers in Europe, Molycorp Silmet AS has an annual production capacity of approximately 3,000 metric tons of rare earth products and 700 metric tons of rare metal products. Molycorp also owns Molycorp Metals and Alloys in Tolleson, Arizona.

Molycorp Reports Second Quarter 2011 Results
“Project Phoenix” modernization and expansion project remains on time and on budget at Company’s flagship rare earth production facility in Mountain Pass, Calif.
Company reaches profitability with record net sales of $99.6 million in Q2 2011
Q2 2011 sales volume of rare earth oxide (REO) equivalent rose 58% over Q1 2011 and 314% year-over-year, including rare earth alloy sales.
The Company’s average realized sales price in Q2 2011 rose 91% to $72.10 per kilogram of REO equivalent from $37.73 per kilogram in Q1 2011.
The Company’s average realized sales price in Q2 for rare metals (niobium and tantalum) was $167.50 per kilogram.
Q2 Gross Margin of approximately 57%
EPS of $0.52 per fully diluted share
Successfully renegotiated its current major lanthanum supply contract to allow for higher realized sales prices.
Awarded an EPC contract for construction of a chlor-alkali plant, a major component of the Company’s $781 million Project Phoenix expansion and modernization project
_________________________________________________________________________________________________
Molycorp, Inc. (NYSE:MCP) announced financial and operating performance for the second quarter of 2011.
Molycorp’s $781 million modernization and expansion project at its flagship Mountain Pass, Calif., Rare Earth facility continues on time and on budget, with an annual Phase 1 production rate of 19,050 metric tons of rare earth oxide (REO) equivalent to be achieved by the end of 2012.
The Company generated revenue of $99.6 million in Q2 2011, which compares to revenue of $26.3 million in Q1 2011 and $1.9 million in Q2 2010. Sequential growth resulted from a combination of robust results from its Mountain Pass facility, and the inclusion of revenue from the Company’s recently acquired subsidiaries, Molycorp Metals and Alloys (MMA) of Tolleson, Ariz., and Molycorp Silmet AS (Silmet), located in Sillamae, Estonia.
Mountain Pass revenue grew 130% sequentially to $60.3 million, net of intercompany sales. The growth in Mountain Pass revenue was driven both by higher realized prices and by higher volumes. Market prices for rare earth elements continued to climb during the quarter, as global supplies remain extremely tight. Silmet contributed $29.0 million to revenue net of intercompany sales, while MMA recognized $10.3 million of sales in the period subsequent to the acquisition.
Net income attributable to common stockholders was $43.5 million, or $0.52 per fully diluted share as compared to net losses attributable to common stockholders of $(3.4 million) or $(0.04) per share in Q1 2011 and $(23.3 million) or $(0.47) per share in Q2 2010.
More about MCP at www.molycorp.com

Read more at: http://crwewallstreet.com/?p=20857

(NHPR, ADSK, ATRI, AMZN, CRWE) Noticeable Stock by CRWEWallStreet.com

August 12th, 2011 at 06:25 pm

National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners, Inc primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
Read more at: http://crwewallstreet.com/?p=20855

(NEBS, SGAE, JCS, CLNO, SSRI) Notable Stock by CRWEWallStreet.com

August 12th, 2011 at 06:17 pm

New England Bancshares, Inc. (Nasdaq:NEBS) announced that the Company’s Board of Directors declared a cash dividend for the quarter ended June 30, 2011 of $0.03 per share. The cash dividend will be payable on September 16, 2011 to stockholders of record on August 26, 2011. New England Bancshares, Inc. is headquartered in Enfield, Connecticut, and operates New England Bank with fifteen banking centers servicing the communities of Bristol, Cheshire, East Windsor, Ellington, Enfield, Manchester, Plymouth, Southington, Suffield, Wallingford and Windsor Locks. For more information regarding New England Bank’s products and services, please visit www.nebankct.com.

Read more at: http://crwewallstreet.com/?p=20854


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