Wallstreet123's Personal Finance Blog

XOMA Ltd. (Nasdaq:XOMA) announced that company management will present a business overview at the Wedbush Securities Life Sciences Management Access Conference on Wednesday, August 17, 2011 at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) in New York City. A live webcast of the presentation will be available via the Investors tab at the XOMA website, www.xoma.com.
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Gold is a very popular item around the world, and has a collection of dissimilar purposes. There are so many uses for gold that it might take a book to account for each one in detail. Gold is most commonly notion to be used for jewelry and collecting, but in actuality, a large amount of the gold in the world is of course, used for investing in.
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Psychemedics Corporation (NASDAQ:PMD) announced second quarter financial results for the period ended June 30, 2011. The Company also announced a quarterly dividend of $0.12 per share payable to shareholders of record as of August 22, 2011 to be paid on September 2, 2011. This will be the Company’s 60th consecutive quarterly dividend. The Company’s revenue for the quarter ended June 30, 2011 was $6.2 million versus $5.4 million for the quarter ended June 30, 2010, an increase of 15%. Net income for the quarter ended June 30, 2011 was $1.1 million or $0.21 per diluted share, versus $873 thousand or $0.17 per diluted share, for the comparable period last year, an increase of 25%.
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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. (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.

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China Automotive Systems, Inc. (NASDAQ:CAAS) announced financial results for the second quarter and six months ended June 30, 2011. Net sales were $82.5 million, compared with $85.1 million in the second quarter of 2010; Gross profit was $14.8 million, compared to $19.8 million in the second quarter of 2010; Gross margin was 17.9%, compared with 23.3% in the same quarter in 2010.
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American Woodmark Corporation (NASDAQ:AMWD) will provide an online, real-time webcast of its conference call to discuss first quarter results on Tuesday, August 23, 2011. The live broadcast of American Woodmark Corporation’s conference call will be available online at: http://www.americanwoodmark.com on August 23, 2011, beginning at 11:00 a.m. (Eastern Time). The online replay will follow immediately and continue for 30 days.
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The Active Network, Inc. is way more than a social network. They are Active Network.
We are a technology and media company powering the largest network of organizations, activities, and people. Our technology helps businesses automate and simplify operations, management and participation, while our media properties are home to millions of people looking for things to do. When you put the two together, it is the most powerful technology and marketing engine available today. Using our solutions, everyone wins. Businesses operate smarter and get access to more participants than ever before, and consumers can go to one place to find things they love, want and need to do.
We believe in the power of community, the value of authenticity and strength of active living.
Over 10 years ago, we started in a small office with a handful of employees. We built software that made it easier and more convenient to organize events and activities. Today, Active Network has grown to a team of thousands touching millions of people with our technology and services. From the start, we believed that we could change the way the world participates in every kind of activity imaginable. And we do it every day.

Active Network Reports Record Second Quarter 2011 Results
Quarterly Revenues Increase 21% Year-Over-Year to $99.0 Million
Company Achieves Record Net Income of $5.5 Million
Adjusted EBITDA of $20.4 Million, Up 72% Over the Prior Year Period
The Active Network, Inc. (NYSE:ACTV), the leading provider of organization-based cloud computing applications, announced its financial results for the second quarter of 2011.
“We are pleased to report record second quarter results in our initial earnings release as a public Company,” said Dave Alberga, CEO of Active Network. “Our record performance was driven by strong registration growth and an increase in revenue per registration as we continue to capitalize on our market opportunity. We have a predictable business model based on recurring revenue from a large and diversified base of organizations, and are continuing to make key investments in our technology platform to help drive future growth. Looking ahead, we are focused on adding more organizations in our existing markets, increasing our customer’s online conversion rates and deepening our relationships with existing customers.”
“An important profitability milestone was achieved this quarter as we scaled our business to drive record quarterly revenues, the first quarter of positive net income and the highest Adjusted EBITDA to date,” explained Scott Mendel, CFO of Active Network. “We performed better than expected during our seasonally strongest quarter, specifically in our higher margin consumer media business. With the proceeds from our offering and positive cash flow, we ended the quarter with a strong balance sheet and $157.5 million in cash and cash equivalents.”
Q2 2011 Financial Highlights:
(All comparisons are made to the second quarter of 2010)
Total net revenue was $99.0 million, up 21% from $81.7 million.
Technology revenue constituted 86%, or $85.6 million of total net revenue, up 20% from $71.2 million.
During the quarter, registrations grew 7% to 22.9 million and net revenue per registration increased 8% to $3.04.
Marketing Services revenue constituted 14%, or $13.5 million of total net revenue, up 28% from $10.5 million.
Gross margin improved 110 basis points to 59.4%.
Income from operations improved to $7.5 million compared to $0.6 million.
Net income improved to $5.5 million compared to a net loss of $1.9 million.
Adjusted EBITDA, a non-GAAP financial measure, grew 72% to $20.4 million, from $11.8 million.
Cash flow from operations was $66.4 million, up 23%, as compared to $54.1 million.
The Company closed the quarter with cash and cash equivalents of $157.5 million.
More about ACTV at www.ActiveNetwork.com

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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=20842

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.
Read more at: http://crwewallstreet.com/?p=20841

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=20840

Landauer, Inc. (NYSE:LDR) reported financial results for its fiscal 2011 third quarter ended June 30, 2011. Revenue grew 11 percent to $29.2 million on contribution from Medical Physics segment and international growth, primarily due to favorable exchange. Gross profit grew 6 percent to $17.1 million on increased revenue and mix. Operating income declined 2 percent to $7.8 million on increased selling, general and administrative spending to support long-term growth.
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Out of all the minerals that can be found and mined in the earth, there is not any that is quite equal or special as gold. The many things that gold can be used for is taken from a diverse amount of spectacular propertiesGold is able to conduct electricity, does not dull, is very uncomplicated to work, can be drawn into wire, can be hammered into thin sheets, alloys with a lot of other metals, can be melted and cast into very meticulous shapes, has a magnificent color and a shining luster to it. Gold is a metal that is not easy to forget about and it most definitely holds a special spot in the mind of humans all around the world who know its value and worth.
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Mechel OAO (NYSE:MTL) announced a JORC summary of its ore reserves and mineral resources as of May 1, 2011. Based on the review prepared by IMC Group Consulting Ltd., the total JORC Equivalent Coal Ore Reserves and Resources as of May 1, 2011 were 3,271 million tonnes and 4,373 million tonnes, respectively, while total JORC Equivalent Iron Ore Reserves and Resources as of May 1, 2011 were 267 million tonnes and 427 million tonnes, respectively.
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Crown Equity Holdings Inc. (CRWE)
Many individuals keep questioning “How much does it cost for online advertising?” The solution for this query varies from person to person since there are a lot of web advertising methods out there. A few of them are very cheap; others are very expensive. It’s all about which technique you wish to use in order to advertise your business online. But there is one fact we cannot deny which is; whatever you pay for an online advertising method, it gets you good results at the end of your business route.

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Diana Shipping Inc. (NYSESX) reported net income of $27.7 million for the second quarter of 2011, compared to net income of $33.9 million reported in the second quarter of 2010. Time charter revenues were $64.6 million for the second quarter of 2011, compared to $68.7 million for the same period of 2010, mainly due to reduced average time charter rates and increase in off hire days. The decrease in time charter revenues was partly offset by revenues derived from the increase in ownership days resulting from the addition to the Company's fleet of the vessel Alcmene in November 2010.
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Pulse Electronics Corporation (NYSE:PULS) reported results for its second quarter ended July 1, 2011. Net sales were $94.8 million compared with $116.5 million in the prior-year quarter, and up 7.7 percent from $88.0 million in the first quarter. Operating loss according to U.S. GAAP was $4.2 million in the quarter compared with a profit of $2.4 million in the prior-year quarter.

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A leading international supplier of On-Demand software and E-commerce services to the insurance industry, Ebix, Inc., (NASDAQ: EBIX) provides end to end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
With more than 30 offices across United States, Australia, Singapore, New Zealand, Canada, China, Japan and India, Ebix powers multiple exchanges across the world in the field of life, annuity, health, risk management and property & casualty insurance while conducting in-excess of $100 billion in insurance premiums on its platforms.

Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry, today announced the addition of large distributors and insurance companies to its Annuity Exchange in the second quarter of 2011.
In the recent quarter several new annuity carriers and distributors joined the AnnuityNet Exchange in order to extend their sales reach and to grow their electronic sales of annuities. This list of additions included large names like Mutual of Omaha, Great-West Life & Annuity Company, Western National Life, Commonwealth Annuity & Life Insurance Company (a subsidiary of the Goldman Sachs Group), Regions Bank and the large captive agency group of Prudential Insurance Company, who intend to automate their annuity transactions through the AnnuityNet Exchange.
Ebix also reported on the progress of its recently launched Annuity Maintenance Exchange, for servicing and maintenance of existing annuity policies. Approximately 1/3 of all existing annuities in the U.S. have maintenance transactions each year including, funds transfers, asset reallocation, cash withdrawals and demographic transactions. Ebix's Annuity Maintenance Exchange automates this transaction through its Annuity Maintenance Exchange Platform by applying business rules and sending electronic messages from annuity distributors to annuity manufacturers and back to the policyholders confirming that the transaction has taken place. Previously done by paper, the Annuity Maintenance Exchange eliminates all errors and eliminates the necessity of paper forms, wet signatures and redundant data entry into carrier policy administration systems. The Company reported that its Annuity Maintenance Exchange has been adopted by large broker-dealers and insurance companies, such as Merrill Lynch, Wells Fargo Advisors, Edward Jones, Stifel Nicholas, Prudential, Hartford, Nationwide, Lincoln Financial, SunAmerica, Pacific Life and NY Life

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FriendFinder Networks Inc. (Nasdaq:FFN) announced it will release its 2011 second quarter financial results after the market closes on Monday, August 15, 2011. Management will host a conference call and webcast to discuss the results at 4:30 PM EDT that same day. Participants should call (877) 340-2551 (United States/Canada) or (443) 863-7896 (International) using the confirmation code 89570878. A live webcast of the earnings conference call will be available via the Internet at www.ffn.com.

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Perfect World Co., Ltd. (NASDAQ:PWRD) announced that it will release unaudited financial results for the second quarter ended June 30, 2011, after the market closes on Monday, August 22, 2011.The Company will host a corresponding conference call and live webcast at 9:00pm Eastern Daylight Time on Monday, August 22, 2011 9:00am Beijing time on Tuesday, August 23, 2011.
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Symmetricom, Inc. (NASDAQ:SYMM) reported financial results for its fourth quarter and the fiscal year ended July 3, 2011. Net revenue for the fourth quarter of fiscal 2011 was $60.7 million, up $9.5 million, or 18.5%, compared to the third quarter of fiscal 2011, driven by increases in customer orders and improvements in the company's manufacturing supply. Net revenue for the fourth quarter of fiscal 2011 was up $5.0 million, or 9.0%, compared to the fourth quarter of fiscal 2010. Symmetricom reported a loss from continuing operations of $1.4 million, or $0.03 per share, for the fourth quarter of fiscal 2011, compared to income from continuing operations of $3.0 million, or $0.07 per share, in the third quarter of fiscal 2011.
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Internet or Online Advertising is just a way for traders to publicize products and services online. Ads can target people with demanding hobbies or interests, or they can even focus on customers in a particular country or state. The success of an Internet advertising campaign is easier to monitor, and several methods are available to businesses. Internet advertising is also well-known as eMarketing, Internet marketing, web marketing and online marketing.

(Read more at: http://crwewallstreet.com/?p=20820)

Genomic Health, Inc. (Nasdaq:GHDX) reported financial results and business progress for the quarter ended June 30, 2011. Total revenue increased to $50.8 million in the second quarter of 2011, compared with $43.4 million in the second quarter of 2010. Product revenue was $50.5 million in the second quarter of 2011, an increase of 19 percent, compared with $42.5 million in the second quarter of 2010.
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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).

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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.

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NCI, Inc. (Nasdaq:NCIT) announced that the Company has been awarded a Total Engineering and Integration Services (TEIS) III contract with a ceiling value of $892 million to provide information systems engineering and IT support to the U.S. Army Information Systems Engineering Command (USAISEC), and its customers worldwide. TEIS III support will be required for the full lifecycle of USAISEC projects, to include planning, design, development, engineering, implementation, procurement, logistics, evaluation, test, sustainment, and ancillary services. Support will be required around the globe in challenging environments, including remote locations, sometimes hostile territories, and highly secure facilities involving high level clearances. NCI was one of only three companies to receive a contract.
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United Rentals, Inc. (NYSE:URI) announced that it will participate in the Jefferies 2011 Global Industrial and A&D Conference on Thursday, August 11, 2011. The conference will include a presentation by Michael Kneeland, chief executive officer, and William Plummer, chief financial officer. The presentation, which is scheduled to begin at 1:30 p.m. (EDT), will be available via the following link: http://wsw.com/webcast/jeff57/uri/.
(Read more at: crwewallstreet.com/?p=20800)

RCM Technologies, Inc. (Nasdaq:RCMT) will hold a conference call on Wednesday, August 10, 2011 at 10:00 a.m. Eastern time to discuss the financial results for the thirteen and twenty-six week periods ended July 2, 2011. The teleconference dial-in numbers are (866) 240-5139 for domestic callers and (713) 481-0091 for international callers. RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services. RCM is an innovative leader in the delivery of these solutions to commercial and government sectors. RCM is also a provider of specialty healthcare services to major health care institutions and educational facilities. RCM's offices are located in major metropolitan centers throughout North America and Europe.

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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=20792)

Oculus Innovative Sciences, Inc. (Nasdaq:OCLS) announced financial results for the first quarter of fiscal year 2012, ended June 30, 2011. Total revenue was $2.9 million in the quarter, compared to $2.3 million in the first quarter of fiscal year 2011. Product revenue was $2.7 million, up 33%, from $2.0 million in the prior year's first quarter with revenue increases in the United States, Mexico, Europe, India and Singapore, partially offset by a decline in the Middle East and China.

(read more at http://crwewallstreet.com/?p=20791)

Home Federal Bancorp, Inc. (Nasdaq:HOME) announced results for its third fiscal quarter ended June 30, 2011. For the quarter ended June 30, 2011, the Company reported a net loss of ($78,000), or ($0.01) per diluted share, compared to a net loss of ($1.9 million), or ($0.12) per diluted share, for the same period last year. Pre-tax, pre-provision income totaled $584,000. The Company repurchased 372,300 shares of its common stock during the quarter at an average cost of $10.50 per share for a total cost of $3.9 million. Net interest income before provision increased $858,000 when compared to the linked quarter ended March 31, 2011. The provision for loan losses, less the FDIC indemnification recovery, totaled $422,000 and the provision for other real estate owned totaled $296,000. Noninterest income, excluding the FDIC indemnification recovery, increased by $74,000, or 2.3%, when compared to the linked quarter.

(read more at http://crwewallstreet.com/?p=20790)