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  • (PFG, AXS, MGRC, EEGI) CRWEFinance.com Stocks in Action!  0 comments
    Nov 6, 2010 5:08 PM | about stocks: MGRC, AXS, PFG

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    http://bestotc.com/img/eegi.jpg   EEGI, Eline Entertainment Group, Inc., EEGI.PK

    Recently, EEGI and the company's subsidiary Let The Good Times Roll has successfully merged with Bad Boy Party Buses and Limos

    Bad Boy Party Buses and Limos is a limo and party bus company serving the Tampa Bay area. From birthdays, prom, bachelor/bachelorette, anniversary, corporate parties, to large group trips, they offer their patrons top quality partying, all the while assuring that they arrive safely to and from their destination.

    LTGTR employs an organic expansion and acquisition tactic to start increasing the company revenue streams and expand on the market immediately. Besides organic expansion, the company also seeks mergers, acquisitions, and participation in various joint ventures. LTGTR believes Bad Boy Party Buses and Limos will be a good fit for the company business model. The company seeks to achieve aggressive business growth with several mergers in the near future.

    This is EEGI's second merger announcement in the last several days. EEGI is targeting one or possibly two more merger candidates in the short time frame.

    More about EEGI at www.elineentertainment.com

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    McGrath RentCorp (NASDAQ:MGRC), a diversified business to business rental company, recently reported revenues for the quarter ended September 30, 2010, of $83.2 million, an increase of 10%, compared to $75.5 million in the third quarter of 2009.

    MGRC reported net income of $9.7 million, or $0.40 per diluted share for the third quarter 2010, compared to net income of $9.5 million, or $0.40 per diluted share, in the third quarter 2009.

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    AXIS Capital Holdings Limited (NYSE:AXS) recently reported net income available to common shareholders for the third quarter of 2010 of $239 million, or $1.78 per diluted common share, compared with a net loss of $96 million, or $0.70 per diluted common share, for the third quarter of 2009.

    Net income for the nine months ended September 30, 2010 was $556 million, or $4.04 per diluted common share, compared with $179 million, or $1.19 per diluted common share, for the corresponding period in 2009.

    **********

    Principal Financial Group, Inc. (NYSE:PFG) announced recently its results for third quarter 2010.

    PFG reported operating earnings of $218.9 million for third quarter 2010, compared to $219.1 million for third quarter 2009. Operating earnings per diluted share (NYSEARCA:EPS) were $0.68 for the third quarter 2010 and 2009.

    PFG reported net income available to common stockholders of $142.2 million, or $0.44 per diluted share for the three months ended Sept. 30, 2010, compared to $184.7 million, or $0.57 per diluted share for the three months ended Sept. 30, 2009. Operating revenues for third quarter 2010 were $1,986.7 million compared to $1,961.0 million for the same period last year.

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    Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our 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 CRWEFinance.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://crwefinance.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 five thousand dollars and anticipates receiving another forty five thousand dollars in cash from a third party for (thirty) days of advertising for Eline Entertainment Group, Inc. (OTCPK:EEGI).

    Stocks: MGRC, AXS, PFG
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