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  • LINE, PPWE, VRNT, EVCA, FWRD - Stock Report! Feb 20th 2011 0 comments
    Feb 20, 2011 3:23 PM | about stocks: LINEQ, FWRD


    Linn Energy, LLC (Nasdaq:LINE) announced that management will host a conference call on Thursday, Feb. 24, at 10 a.m. Central/11 a.m. Eastern to discuss the Company's fourth quarter and full year 2010 results and its outlook for 2011. Prepared remarks by Mark E. Ellis, President and Chief Executive Officer, and Kolja Rockov, Executive Vice President and Chief Financial Officer, will be followed by a question and answer period. Prior to trading on Thursday, Feb. 24, LINN Energy expects to issue its earnings results for the fourth quarter and full year 2010, as well as guidance for 2011. Investors and analysts are invited to participate in the call by phone at (877) 224-9081 (Conference ID: 44957938).

    Linn Energy, LLC, an independent oil and natural gas company, engages in the development and acquisition of gas and oil properties in the United States.

    Since 2000, the oil and natural gas industry has put around $1.7 trillion in U.S. capital projects to help all forms of energy move forward, including alternatives, while minimizing the industry’s environmental footprint.

    Between 2000 and 2008, the industry put in more than $58 billion.

    Proper Power & Energy, Inc. (OTCBB:PPWE.OB) has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.

    "The timing to acquire oil and gas properties while gas prices are low couldn't be better. Additionally, the availability of this funding for developing Proper Power's Kentucky and Utah oil prospects will accelerate 2011 revenues and leasehold acreage growth dramatically. We anticipate feedback from both of the financing groups before the end of this month," stated Andrew J. Kacic, President of Proper Power & Energy.

    More about PPWE at:

    Verint Systems Inc. (Nasdaq:VRNT) announced that it is the recipient of several new industry honors for vision and technology innovation, including high customer satisfaction ratings, for its Impact 360® Workforce Optimization™ suite from Verint Witness Actionable Solutions®. This recognition validates the tangible value customers worldwide continue to receive from Verint software and services.

    Verint Systems Inc. provides actionable intelligence solutions and value-added services worldwide. Its solutions are used to capture, distill, and analyze underused information sources, such as voice, video, and unstructured text.


    EVCARCO, Inc. (OTCBB:EVCA) will be exhibiting the Company's current green vehicle offerings at the Ft. Worth Auto Show, being held March 17th-20th at the Ft. Worth Convention Center and the Dallas Auto Show, being held on April 7th-10th at the Dallas Convention Center. EVCARCO's exhibits will be located in the Green Exhibitor Section dedicated to eco-friendly products.

    Mack Sanders, CEO of EVCARCO, stated, "The Ft. Worth and Dallas Auto Shows will provide an excellent opportunity for us to showcase our Company and our current green vehicle offerings. We look forward to visiting with the attendees and discussing out dealerships and vehicles."

    EVCA is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles.

    More about EVCA at:

    Forward Air Corp. (Nasdaq:FWRD) reported results for the fourth quarter and year ended December 31, 2010. Operating revenue for the quarter ended December 31, 2010 increased 13.0% to $133.3 million from $118.0 million for the same quarter in 2009. Income from operations was $18.7 million, compared with $12.1 million for the fourth quarter of 2009, an increase of 54.5%. As a percent of operating revenue, income from operations increased to 14.0% from 10.3% for the same quarter last year. Net income during the period increased by $5.5 million, or 88.0%, to $11.8 million from $6.3 million in the fourth quarter of 2009. Net income per diluted share for the fourth quarter of 2010 was $0.41 compared with $0.22 in the same quarter in 2009, an increase of 86.4%.

    Forward Air Corporation provides surface transportation and related logistics services to the North American deferred air freight market. The company operates in two segments, Forward Air, Inc. (Forward Air) and Forward Air Solutions, Inc. (FASI).

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    Stocks: LINEQ, FWRD
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