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EQT Corporation (NYSE:EQT) announced third quarter 2010 earnings of $36.5 million, $33.6 million higher than the $2.9 million earned in the third quarter 2009 (quarter-over-quarter). Operating cash flow was $137.4 million; 119% higher quarter-over-quarter. Earnings per diluted share were $0.24 for the third quarter 2010, up from the $0.02 reported last year.
EQT Corporation (EQT), formerly Equitable Resources, Inc., conducts its business, through three business segments: EQT Production, EQT Midstream and Distribution. The Company is a natural gas producer in the Appalachian Basin with 4.1 trillion cubic feet of proved reserves across 3.4 million acres as of December 31, 2009.
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Majestic Gold Corp. (TSX.V:MJS) (FSE:MJT) previously reported the results of an updated resource estimate on its Song Jiagou Mine.
Subsequent to the initial resource estimate, Wardrop determined that rotating the block model perpendicular to drilling direction was the most favorable orientation to evaluate the deposit and to calculate the revised resource. The new cut-off grade and the re-orientation of the model significantly increased the overall size of the resource and the contained ounces of gold in both the inferred and indicated categories.
The increase in the size of the resource from 53 to 72.5 million tonnes will very significantly reduce the strip ratios to be used as Majestic continues its engineering studies on the Song Jiagou mine.
MJS.V continues to work with Wardrop and its sister company, Tetra Tech (Beijing) Consultancy Company Limited, (both subsidiaries of Terta Tech Inc.) to complete a Preliminary Economic Assessment, concurrent with the required Chinese Geological and Engineering studies required to apply for increased production levels at Song Jiagou.
Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company with a very advanced gold deposit in Shandong province of China.
For more information about this company please visit http://www.majesticgold.net/
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Hill-Rom Holdings, Inc. (NYSE:HRC) announced on Wednesday November 17, 2010 that its board of directors has declared a fiscal 2011 first quarter dividend of $0.1025 per share. This dividend is payable on December 31, 2010, to shareholders of record as of December 17, 2010.
Hill-Rom Holdings, Inc. is a worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions.
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URS Corporation (NYSE:URS) reported its financial results for the third quarter of fiscal 2010, which ended on October 1, 2010. Revenues for the quarter were $2.34 billion, compared with the $2.32 billion recorded during the third quarter of 2009. Net income was $70.4 million, an 8.7% increase from $64.8 million in the third quarter of 2009. Diluted earnings per share (“EPS”) were $0.87, a 10.1% increase from EPS of $0.79 in the third quarter of last year.
URS Corporation is a provider of engineering, construction and technical services. The Company offers a range of program management, planning, design, engineering, construction and construction management.
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