Pennytobuck's Personal Finance Blog

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. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

Read more at : http://pennytobuck.com/?p=16673

Stryker Corporation (NYSE:SYK) announced the appointment of Ramesh Subrahmanian to the role of Group President, International, effective September 1, 2011. This role was formerly held by Andrew Fox-Smith, who is leaving Stryker to pursue other career opportunities. Subrahmanian will report to Chairman, President and Chief Executive Officer Stephen P. MacMillan. "Ramesh brings a strong global perspective to Stryker through his successful leadership roles in the U.S., Germany, India and Asia Pacific. He is a proven healthcare leader who has demonstrated the ability to drive profitable growth and innovation, and we look forward to taking advantage of his varied experiences as we continue to grow our international businesses," said MacMillan.

Read more at: http://pennytobuck.com/?p=16672

Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

Read more at: http://pennytobuck.com/?p=16658

Poniard Pharmaceuticals, Inc. (NASDAQ:PARD) reported financial results for the second quarter ended June 30, 2011. "The defining event of the quarter was the announcement of our proposed merger with ALLOZYNE, a critical step in our goal of maximizing long-term value for our shareholders," stated Ronald Martell, chief executive officer of Poniard. "We believe that the addition of a promising autoimmune product portfolio and proprietary protein engineering platform, together with our oncology assets, will create a robust company with a multifaceted strategy, diverse pipeline, multiple partnering opportunities and a technology platform to fuel potential growth over the long term.

Read more at: http://pennytobuck.com/?p=16657

Kirkland's, Inc. (NASDAQ:KIRK) reported financial results for the 13-week and 26-week periods ended July 30, 2011. Net sales for the 13-week period ended July 30, 2011, were $89.7 million compared with $89.5 million for the 13-week period ended July 31, 2010. Comparable store sales for the second quarter of fiscal 2011 decreased 8.0% compared with a 1.0% increase in the prior-year quarter. The Company opened 7 stores and closed 6 stores during the second quarter of 2011, bringing the total number of stores to 294 as of quarter's end.

Kirkland's, Inc. operates as a specialty retailer of home decor and gifts in the United States. Its stores offer various merchandise, including framed art, mirrors, wall decor, candles and related items, lamps, decorative accessories, accent furniture, textiles, garden-related accessories, and artificial floral products.

Read more at: http://pennytobuck.com/?p=16656

Majestic Gold Corp. (MJS.V)

Majestic Gold Corp. engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

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Escalade, Inc. (NASDAQ:ESCA) announced that its Board of Directors authorized the payment of dividends of twenty-five cents ($0.25) per share payable September 2, 2011, to all shareholders of record on August 25, 2011. Additionally, the Board of Directors declared its intention to consider paying dividends on a quarterly basis in the future. These future dividend payments will be determined and declared at the Board's discretion.

Escalade, Incorporated engages in the manufacture and sale of sporting goods, and information security and print finishing solutions primarily in the United States, Mexico, Europe, and Asia.

Reead more at: http://pennytobuck.com/?p=16654

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. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Read more at: http://pennytobuck.com/?p=16653

Mentor Graphics Corporation (NASDAQ:MENT) announced financial results for the company's fiscal second quarter ended July 31, 2011. The company reported revenues of $213.7 million, non-GAAP earnings per share of $.11, and GAAP earnings per share of $.04. "Second quarter bookings were a record by a significant margin, up 25% from the previous record for a second quarter. Earnings per share were well ahead of guidance, further increasing our confidence in our outlook for the year," said Walden C. Rhines, chairman and CEO of Mentor Graphics Corporation. "Systems business was a key driver of strength in the quarter. Traditional PCB design software bookings were up nearly a third and bookings in new and emerging products, led by the Capital electrical systems design software, nearly tripled. Scalable verification, which is used by both systems and IC customers, had bookings growth of 60%."



Read more at: http://pennytobuck.com/?p=16652

S&W Seed Company (Nasdaq:SANW) announced it was shipping its first commercial scale alfalfa seed order destined for the new country of North Sudan. The sale was for a selection of S&W's proprietary non-dormant, salt tolerant, seed alfalfa varieties that have been carefully chosen with a view to growing conditions in North Sudan. The Company was keenly interested in North and South Sudan because of their role in the Company's strategic plan to expand its reach throughout the Middle East and North Africa.

S&W Seed Company engages in contracting production of alfalfa seed varieties for agribusiness firms and farmers worldwide. The company primarily offers high fall dormancy (FD) alfalfa seed varieties, as well as markets and sells other varieties, including FD 7, 6, and 4 varieties.

Read more at: http://pennytobuck.com/?p=16651

S&W Seed Company (Nasdaq:SANW) announced it was shipping its first commercial scale alfalfa seed order destined for the new country of North Sudan. The sale was for a selection of S&W's proprietary non-dormant, salt tolerant, seed alfalfa varieties that have been carefully chosen with a view to growing conditions in North Sudan. The Company was keenly interested in North and South Sudan because of their role in the Company's strategic plan to expand its reach throughout the Middle East and North Africa.

S&W Seed Company engages in contracting production of alfalfa seed varieties for agribusiness firms and farmers worldwide. The company primarily offers high fall dormancy (FD) alfalfa seed varieties, as well as markets and sells other varieties, including FD 7, 6, and 4 varieties.

Read more at: http://pennytobuck.com/?p=16651

Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

Read more at: http://pennytobuck.com/?p=16650

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.

VoIP (Voice over Internet Protocol) is still a new and emerging technology. With many phone companies themselves making the switch to VOIP, it is inevitable that VOIP will eventually replace the traditional phone service. Better standards and protocols are developing on a daily basis, making VOIP a more cheap, reliable and acceptable way of learning English with many ESL students.

Read more at: http://pennytobuck.com/?p=16642

Teekay Corporation (NYSE:TK) reported an adjusted net loss attributable to stockholders of Teekay(1) of $36.3 million, or $0.51 per share, for the quarter ended June 30, 2011, compared to an adjusted net loss attributable to the stockholders of Teekay of $26.1 million, or $0.36 per share, for the same period of the prior year. Adjusted net loss attributable to stockholders of Teekay excludes a number of specific items that had the net effect of increasing GAAP net loss by $60.2 million (or $0.85 per share) for the three months ended June 30, 2011 and increasing GAAP net loss by $127.1 million (or $1.74 per share) for the three months ended June 30, 2010, as detailed in Appendix A to this release.

Read more at: http://pennytobuck.com/?p=16641

Pfizer Inc. (NYSE:PFE) announced that the European Medicines Agency (EMA) has accepted Pfizer's regulatory submissions for review of two investigational compounds - crizotinib, an oral first-in-class anaplastic lymphoma kinase (ALK) inhibitor, for the treatment of patients with previously treated ALK-positive advanced non-small cell lung cancer (NSCLC); and bosutinib for the treatment of adult patients with newly diagnosed Philadelphia chromosome positive (Ph+) chronic myeloid leukemia (CML) in the chronic phase.

Read more at: http://pennytobuck.com/?p=16640

The Toro Company (NYSE:TTC) reported net earnings of $35.1 million, or $1.11 per share, on net sales of $501 million for its fiscal third quarter ended July 29, 2011. The company's third quarter earnings were reduced by $0.09 per share to account for a product rework expense. In the comparable fiscal 2010 period, the company reported net earnings of $33.4 million, or $1.01 per share, on net sales of $ 458.9 million.

Read more at: http://pennytobuck.com/?p=16639

Big Lots, Inc. (NYSE:BIG) will report second quarter 2011 results on Thursday, August 25, 2011, and host a conference call live at 8:00 a.m. Eastern Time. Big Lots, Inc. invites you to listen to the live audio webcast of its Second Quarter Conference Call. DATE: Thursday, August 25, 2011; TIME: 8:00 a.m. Eastern Time. Big Lots is hosting the live webcast through the Investor Relations section of its website at http://www.biglots.com. To listen to the call, click on the microphone link on the Investor Relations page at least 10-15 minutes before the broadcast begins. If interested parties are unable to join the live webcast, an archive of the call will be available at www.biglots.com.

Read more at: http://pennytobuck.com/?p=16638

Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

Using biomass to create energy has positive environmental implications. Carbon dioxide is a naturally occurring gas. Plants collect and store carbon dioxide to aid in the photosynthesis process. As plants or other matter decompose, or natural fires occur, CO2 is released. Before the anthropomorphic discovery of fossil fuels, the carbon dioxide cycle was stable; the same amount that was released was sequestered, but it has since been disrupted. In the past 150 years, the period since the Industrial Revolution, carbon dioxide levels in the atmosphere have risen from around 150 ppm to 330 ppm, and are expected to double before 2050!

Read more at: http://pennytobuck.com/?p=16637

The TJX Companies, Inc. (NYSE:TJX) announced sales and earnings results for the second quarter ended July 30, 2011. Net sales for the second quarter of Fiscal 2012 increased 8% to $5.5 billion and consolidated comparable store sales increased 4%. Net income for the second quarter was $348 million and diluted earnings per share were $.90, compared with $.74 per share last year. Last year's results included the positive impact from a non-operating item. Excluding this item, diluted earnings per share for the second quarter increased 23% over the prior year's $.73 adjusted diluted earnings per share. Current year results also include a $.03 per share positive impact related to foreign currency exchange, which is further discussed.

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GP Strategies Corporation (NYSE:GPX) announced that GP's wholly-owned subsidiary, General Physics (UK) Ltd, has acquired the entire share capital of TK Holdings Ltd and its subsidiary Beneast Training Ltd, an independent training provider located in the United Kingdom. Beneast generated revenue of $8 million for the year ending July 2011 and GP Strategies anticipates that the acquired business will be accretive to earnings-per-share in 2011.

GP Strategies Corporation provides customized training solutions focused on performance improvement initiatives, as well as consulting, engineering, and technical services in the United States, the United Kingdom, and internationally.

Read more at: http://pennytobuck.com/?p=16635

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. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

Read more at: http://pennytobuck.com/?p=16634

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.

VoIP (Voice over Internet Protocol) is the latest phone system technology. VoIP phone systems convert regular telephone calls into digital data delivering the voice communications over the Internet, or a packet-switched network. Essentially, when using a VoIP system, you are using the Internet to make telephone calls as opposed to a traditional phone line.

Read more at: http://pennytobuck.com/?p=16630

Endologix, Inc. (Nasdaq:ELGX) announced that Judge Tanya Walton Pratt of the United States District Court for the Southern District of Indiana in Indianapolis has issued a Markman ruling in the ongoing patent infringement lawsuit filed against the Company by Cook Medical. In a Markman ruling, the court determines the meaning of disputed patent claim terms at issue in patent litigation. After a briefing and oral argument on April 15, 2011 as to the meaning of a number of terms of the claims of the two patents that Cook is asserting in the lawsuit, Judge Pratt adopted many of Endologix's proposed constructions for several terms of claims of both asserted patents, including constructions that the Company considers to be important for the outcome of the case.

Read more at : http://pennytobuck.com/?p=16629

BioSpecifics Technologies Corp. (NASDAQ:BSTC) announced its financial results for the second quarter ended June 30, 2011 and provided a corporate update. For the quarter, the Company reported net income of $2.6 million or $0.40 per share on a basic basis and $0.36 on a fully diluted basis and the Company anticipates that it will be profitable on an ongoing annual basis. "We were very pleased to report strong financial results this quarter and our expectation of continued profitability. We are also enthusiastic about the steady commercial progress that has been made by Pfizer in commercializing XIAPEX for the treatment of Dupuytren's contracture in Europe," reflected Thomas L. Wegman, President of BioSpecifics.

Read more at: http://pennytobuck.com/?p=16628

China Nuokang Bio-Pharmaceutical Inc. (Nasdaq:NKBP) announced that the Company plans to release second quarter 2011 financial results on Thursday, August 25, 2011 after the market closes. The Company will hold a conference call at 8:00 am ET on Friday, August 26, 2011 to discuss second quarter 2011 results. Listeners may access the call by dialing: United States toll free: 1-866-405-2350United States toll: 1-718-354-1231. China toll free: 400-6988181. Hong Kong toll free: 800-965084. United Kingdom toll free: 0800-0322281. Conference ID: 91498737.

China Nuokang Bio-Pharmaceutical Inc., a biopharmaceutical company, focuses on the research, development, manufacture, marketing, and sale of hospital-based medical products in China.

Read more at: http://pennytobuck.com/?p=16627

Cleantech Transit Inc. (CLNO)

When biomass is produced by plants as a result of photosynthesis, some of the energy in the sunlight is converted into the chemical energy that binds various atoms to form carbohydrate molecules. Herbivores (animals that feed on plants) eat the plants and make their own biomass by using the energy stored in the plants' biomass. Similarly, carnivores (animals that feed on other animals) consume the biomass of other animals and in the process make their own biomass. When the plants or animals die, the energy captured in their biomass remains until the biomass decomposes through natural mechanisms or is burned or processed by humans.

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BluePhoenix Solutions (NASDAQ:BPHX) announced that it will report its second quarter 2011 financial results on Wednesday, August 31, 2011. BluePhoenix Solutions (NASDAQ:BPHX) is the leading provider of value-driven legacy IT modernization solutions. The BluePhoenix portfolio includes a comprehensive suite of tools and services from global IT asset assessment and impact analysis to automated database and application migration, rehosting, and renewal.

Read more at: http://pennytobuck.com/?p=16624

Celgene Corporation (NASDAQ:CELG) announced the Company's Board of Directors has authorized the repurchase of up to an additional $2 billion of the Company's common stock. "The expansion of the share repurchase program reflects our confidence in the operational and financial long-term growth of the Company and our commitment to increase shareholder value," said Bob Hugin, Chairman and Chief Executive Officer of Celgene Corporation. "We intend to manage our balance sheet dynamically in order to return cash to shareholders and to take advantage of strategic growth opportunities to expand our business."

Read more at: http://pennytobuck.com/?p=16623

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. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Read more at: http://pennytobuck.com/?p=16622

Legacy Reserves LP (Nasdaq:LGCY) announced that Steven H. Pruett, President and Chief Financial Officer, and James R. Lawrence, Vice President - Finance and Treasurer, will participate at the Citigroup One-on-One MLP Conference on Wednesday, August 24, 2011. The slides will be available on Legacy's website at www.LegacyLP.com on the morning of August 24, 2011. Legacy Reserves LP is an independent oil and natural gas limited partnership headquartered in Midland, Texas, focused on the acquisition and development of oil and natural gas properties primarily located in the Permian Basin, Mid-continent and Rocky Mountain regions of the United States. Additional information is available at www.LegacyLP.com.

Read more at: http://pennytobuck.com/?p=16621