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  • MNR, PPWE, SOA, BOB.V, RLH - Stock News and Investor Reports By Stock-PR.com 0 comments
    Jan 28, 2011 1:04 PM | about stocks: MNR, SOA, RLH

     

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    Monmouth Real Estate Investment Corp. (NYSE:MNR) announced that Michael P. Landy, the Company's Executive Vice President and Chairman of the Executive Committee, has been promoted to Chief Operating Officer. He is also a member of the Company's Board of Directors. Mr. Landy has been with the Company since 2001. Eugene W. Landy, President and CEO, stated, "Michael has been instrumental in the significant progress Monmouth has made. His leadership is respected throughout the organization. I have complete confidence in his ability to continue to create long-term value well into the future."


    Monmouth Real Estate Investment Corp., which was organized in 1968, is a publicly-owned REIT specializing in net-leased industrial properties. The Company's portfolio consists of sixty-four industrial properties and one shopping center located in twenty-five states. In addition, the Company owns a portfolio of REIT securities.

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    http://pennyomega.com/img/ppwe.png Proper Power & Energy, Inc. (OTC:PPWE)

    Proper Power & Energy, Inc.’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect.

    Additionally, PPWE recently reported that its wholly owned subsidiary, American Resources, Inc. (ARI), has begun production on its 87.5 acres in Western Kentucky.

    Kentucky’s existing oil and gas infrastructure is extensive. Finding and production costs are low due to the occurrence of shallow resources. Kentucky is centrally located for access and distribution to northern and eastern industrial markets.

    Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

    The state of Utah is ranked 13th in the country in crude oil production and 9th in natural gas gross production (Energy Information Administration; rankings based on 2008 production, not including Federal Offshore production areas). There are approximately 9,100 wells currently in production within the state.

    Proper Power & Energy, Inc. was formed in 2006 as an exploration and production company for oil and gas. PPWE is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.

    To learn more about PPWE visit: http://properpower.com

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    Solutia Inc. (NYSE:SOA) reported income from continuing operations attributable to company of $43 million for the fourth quarter 2010, up $34 million from the same period in 2009. The fourth quarter of 2009 was impacted by certain events affecting comparability, which resulted in net after-tax charges of $45 million. After adjusting for these items, income from continuing operations attributable to Solutia decreased $11 million as compared to the fourth quarter of 2009. Adjusted diluted earnings per share for the fourth quarter totaled 36 cents, down 9 cents from the same period in 2009. Despite higher sales volumes, year-over-year Adjusted diluted earnings per share decreased primarily due to higher raw material costs, depreciation and amortization expense and increased tax expense. Adjusted EBITDA for the fourth quarter totaled $116 million, down $3 million from the same period in 2009.


    Solutia Inc. engages in the manufacture and marketing of various chemical and engineered materials used in the consumer and industrial applications. It operates in three segments: Saflex, CPFilms, and Technical Specialties. Solutia Inc. was founded in 1901 and is headquartered in St. Louis, Missouri

     

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    http://pennyomega.com/img/bob.jpg

    Global Hunter Corp. (TSX.V:BOB.V) has arranged a $2,500,000 loan to advance its Corona de Cobre project in Chile. The proceeds from the loan will be used by the Company to fund project expenses and for general working capital purposes.

    Global Hunter’s La Corona de Cobre project is over 18,000 hectares of land located in the Coast Range of the Andean Cordillera, Chile, an area often referred to as the Chilean Iron Belt. The property is on the Pan American Highway, 70-kilometres north of the port city La Serena.

    Global Hunter has collected approximately 250 samples from the shear zones listed. The shear zones and areas of alteration that have been sampled (from East to West) include the following zones: El Manto; La Golondrina; Cerro Borracho; El Tazon; La Copa; La Varrilla; Et Tazon; Vino Fino; Abisinia; and Las Posadas.

    Global Hunter Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Chile. It primarily explores for gold, copper, and base and precious metals. The company was founded in 1988 and is headquartered in Vancouver, Canada.

    More about Global Hunter at: www.globalhunter.ca

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    Red Lion Hotels Corporation (NYSE:RLH) has announced plans to offer for sale its Red Lion Hotel Fifth Avenue, located in Seattle, and its Red Lion Hotel Denver Southeast. Red Lion plans to structure the Seattle transaction to continue the hotel's operation under the Red Lion brand, managed by Red Lion. The 297-room Red Lion Hotel on Fifth Avenue is located in the heart of downtown Seattle just a few blocks from Pike Place Market and the Washington State Convention Center. The public sale process will be handled by Chris Burdett of CB Richard Ellis Hotels (CBRE).

    Red Lion Hotels Corporation is a hospitality and leisure company primarily engaged in the ownership, operation and franchising of midscale full, select and limited service hotels under its Red Lion brand.

     

     

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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. Stock-PR.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 Stock-PR.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://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (OTCQB:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCQB: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. (OTCQB:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCQB: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. (OTCQB:CRWE), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (OTCQB:CRWE) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (OTC:PPWE).

     

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