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  • (MCK, CLNO, AREX, HIBB, NHPR, OGXI) Stocks under Consideration by CRWEPicks.com 0 comments
    Jul 29, 2011 10:47 AM | about stocks: MCK

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    McKesson - Empowering Healthcare

    McKesson Corporation (NYSE:MCK) partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. McKesson, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better.

    stwjul28

    “I am pleased with McKesson's strong first quarter financial results, which provide a solid foundation for the remainder of our fiscal year,” said John H. Hammergren, chairman and chief executive officer of McKesson. “In addition, our continued strong cash flow allowed us to execute an accelerated share repurchase program. Due to the change in our estimated full-year tax rate, we are raising our previous outlook for the fiscal year and now expect Adjusted Earnings between $6.09 and $6.29 per diluted share for the fiscal year ending March 31, 2012.”

    McKesson Corporation yesterday reported that revenues for the first quarter ended June 30, 2011 were up 9% to $30.0 billion compared to $27.5 billion a year ago. On the basis of U.S. generally accepted accounting principles (“GAAP”), first-quarter earnings per diluted share was $1.13 compared to $1.10 a year ago. McKesson separately reports financial results on the basis of Adjusted Earnings in addition to GAAP. Adjusted Earnings is a non-GAAP financial measure defined as GAAP earnings from continuing operations, excluding acquisition-related expenses, amortization of acquisition-related intangible assets, and certain litigation reserve adjustments.

    A reconciliation of McKesson's financial results determined in accordance with GAAP to Adjusted Earnings is provided in Schedules 2, 3 and 4 of the financial statement tables included with this release. First-quarter Adjusted Earnings per diluted share was $1.27 compared to $1.16 a year ago. For the first quarter, McKesson generated cash from operations of $326 million and ended the quarter with cash and cash equivalents of $3.1 billion.

    During the quarter, McKesson entered into an accelerated share buyback agreement to repurchase $650 million of common stock, leaving $850 million on its current share repurchase authorization. McKesson also paid $47 million in dividends and made a $105 million acquisition during the first quarter. McKesson's tax rate for the first quarter, and its revised estimated tax rate for the full year, was 32%, down from the 33% provided as initial guidance.

    For more information about McKesson, please visit: www.mckesson.com.

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    Clean Tech Transit Cleantech Transit, Inc. (OTCPK:CLNO)

    Biomass, a renewable energy source, is biological material derived from living, or recently living organisms, such as wood, waste, and alcohol fuels. Biomass is commonly plant matter grown to generate electricity or produce heat. For example, forest residues (such as dead trees, branches and tree stumps), yard clippings and wood chips and garbage may be used as biomass. However, biomass also includes plant or animal matter used for production of fibers or chemicals. Biomass may also include biodegradable wastes that can be burnt as fuel. It excludes organic materials such as fossil fuels which have been transformed by geological processes into substances such as coal or petroleum.

    Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit, Inc. was founded in 2006 and is based in Scottsdale, Arizona.

    Cleantech Transit, Inc. is pleased to announce it has completed an agreement whereby it can earn a larger ownership percentage in the 500 KW biomass Merced Project than previously announced.

    Cleantech can now earn in up to 40% of the Merced Project up from the original 25% the Company announced. The 40% ownership stake will be based on the total cost incurred to the Project to date, in addition Cleantech can invest the in the Series B shares of Phoenix Energy equal to or greater to the direct investment made in 500 KW project.

    For more information please visit official website of CLNO: http://www.cleantechtransit.com

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    Approach Resources, Inc. (NASDAQ:AREX) will host a conference call on Wednesday, August 3, 2011, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) to discuss second quarter 2011 financial and operating results. The Company plans to issue second quarter 2011 results after the market closes on Tuesday, August 2, 2011. To participate in the conference call, domestic participants should dial (866) 713-8566 and international participants should dial (617) 597-5325 approximately 15 minutes before the scheduled conference time. To access the simultaneous webcast of the conference call, please visit the Calendar of Events page under the Investor Relations section of the Company's website, www.approachresources.com, 15 minutes before the scheduled conference time to register for the webcast and install any necessary software. The webcast will be archived for replay on the Company's website until November 3, 2011.

    Approach Resources Inc. is an independent oil and gas company with core operations, production and reserves located in the Permian Basin in West Texas.

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    Hibbett Sports, Inc. (Nasdaq:HIBB) announced details for the release of its results for the second quarter ending July 30, 2011. Hibbett plans to issue its second quarter earnings release before the market opens on Friday, August 19, 2011, and will host a conference call later that same day at 10:00 a.m. ET. The number to call for the live interactive teleconference is 212-231-2919. A replay of the conference call will be available until August 26, 2011, by dialing 402-977-9140 and entering the passcode, 21533361. The live broadcast of Hibbett's quarterly conference call will be available online at www.hibbett.com under Investor Relations, www.streetevents.com and www.earnings.com, on August 19, 2011, beginning at 10:00 a.m. ET. The online replay will follow shortly after the call and continue through August 26, 2011.

    Hibbett Sports, Inc. operates sporting goods stores in small to mid-sized markets, predominately in the Southeast, Southwest, Mid-Atlantic and the lower Midwest regions of the United States. The Company's primary store format is Hibbett Sports, a 5,000-square-foot store located in strip centers and enclosed malls.

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    http://pennyomega.com/img/nhpr.jpg National Health Partners Inc. (OTCPK:NHPR)

    More and more people are looking for vision services. By joining the CARExpress program, you will have access to 11,500 vision providers nationwide including: JCPenney, Target, LensCrafters, For Eyes, Sears and thousand of independents. You will be able to save an average of 10% - 50% on most frames, prescription lenses and non-prescription sunglasses. Not only do you receive significant savings on eyewear, but Laser Vision Correction (LASIK) is also included in this program. Special discounts on eye examinations at participating locations where approved.

    Today, more than 157 million Americans wear some form of corrective eye wear. As we age, our need for eye examinations and vision correction increases. Almost 55.4 million adults over the age of 50 use corrective eye wear. One in four children has vision problems. Increasingly, individuals with nearsightedness, farsightedness and astigmatism are turning to Laser Refractive Surgery (LASIK), or Photo-Refractive Keratectomy (NYSEMKT:PRK) for correction of their vision problems. A vision benefit, from your employer, union or health plan, covering an annual eye exam and corrective eye wear is a valuable investment in your health and a great way to save money on eye wear.

    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. The company's 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.

    National Health Partners, Inc. (OTCPK:NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.

    Under the new agreement, this national Hispanic marketing group will be promoting the company's CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
    For more information please visit official website of NHPR: www.nationalhealthpartners.com.

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    OncoGenex Pharmaceuticals, Inc. (NASDAQ:OGXI) announced that the Company's second quarter 2011 financial results will be released on Thursday, August 4, 2011 after the NASDAQ Global Market closes at 4:00 p.m. ET, and that the Company will host a conference call and live webcast at 4:30 p.m. ET that afternoon. Management will discuss the company's financial results and provide an update on the business. To access the webcast, log on to the Investor Relations page of the OncoGenex website at www.oncogenex.com. Alternatively, you may access the live conference call by dialing (877) 606-1416 (U.S. & Canada) or (707) 287-9313 (International). A webcast replay will be available approximately two hours after the call and will be archived on www.oncogenex.com for 90 days.

    OncoGenex is a biopharmaceutical company committed to the development and commercialization of new cancer therapies that address treatment resistance in cancer patients.

     

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    THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

    Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer (http://crwepicks.com/disclaimer ) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEPicks.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. ( read more at http://crwepicks.com/disclaimer ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings, Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (OTCPK:CRWE) has received 1,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services and 4,000,000 shares of 144 restricted stocks from the company for management fee through end of June for Cleantech Transit, Inc. (OTCPK:CLNO). Crown Equity Holdings Inc. (OTCPK:CRWE) has received 3,000,000 shares of (144) restricted common stock from the company and 3,000,000 shares of free trading shares from a third party (PIERRE BESUCHET) for six months of advertisement services for National Health Partners Inc. (OTCPK:NHPR).

    Themes: MCK, CLNO, AREX, HIBB, NHPR, OGXI Stocks: MCK
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