ULTA, Ulta Salon, Cosmetics & Fragrance, Inc.
ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States.
ULTA provides affordable indulgence to its customers by combining the product breadth, value and convenience of a beauty superstore with the distinctive environment and experience of a specialty retailer.
ULTA offers a unique combination of over 21,000 prestige and mass beauty products across the categories of cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools, as well as salon haircare products. ULTA also offers a full-service salon in all of their stores. ULTA is conveniently located in high-traffic, off-mall locations. As of January 6, 2011, ULTA operates 389 stores in 39 states.
ULTA reported sales results for the seven-week holiday period from November 14, 2010 to January 1, 2011.
Total net sales for the seven-week holiday period were $310.4 million, an 18.4% increase from the prior year holiday period of $262.2 million. Comparable store sales for the 2010 holiday period increased 9.5%, as compared to a 7.9% increase during the same period in the prior year. Over a two year period, comparable store sales increased 17.4%.
More about ULTA at www.ulta.com
AVOT, American Video Teleconferencing Corp., AVOT.PK
The 17 elements which are classified as "rare earth" are becoming an ever more crucial aspect of our everyday lives. Rare earth metals are the life blood of modern computers, batteries and alternative energies. For instance, there are almost ten lbs of the rare earth element, lanthanum, in each and every Toyota Prius motor. Additionally, rare earth elements are crucial to military technologies. Contrary to the name, rare earth metals are not particularly uncommon and may be found in most any region throughout the world. In recent weeks the government made significant strides to increase production of these types of metals, as they will play a significant part in President Obama's upgrades to US energy.
Rare earth elements have become irreplaceable in clean tech, for instance in hybrid and electric vehicle motors, high-efficiency lamps, solar panels and wind turbines. They even play a key role in defense technologies which include cruise missiles, radar and sonar and precision-guided weapons.
Experts warn that the U.S. depends upon China for almost all of its supply of rare earths, and has let its own rare earth production languish despite possessing about 15 % of the world's reserves. A draft of a Chinese rare earths plan for 2009-2015 expresses that China's own industrial requirement could soon cause restrictions or bans on the export of rare earths.
The U.S. Geological Survey (USGS) noted that 91 % of U.S. usage of rare earths originated in China between 2005 and 2008.
Constraints on Chinese exports are creating opportunities for non-Chinese projects.
AVOT recently reported that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.
This property is only one of several advanced stage properties AVOT has under consideration in the province of Quebec.
AVOT will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
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