Minerals Technologies Inc. (NYSE:MTX) reported a net income of $66.9 million for the full year 2010 compared to net income of $29.1 million for 2009, excluding special items, a 129-percent increase. Diluted earnings per share for the full year were $3.58 as compared with earnings of $1.55 in the prior year, excluding special items. As reported, Minerals Technologies recorded a net loss of $23.8 million, or $1.27 per share, in 2009. Company’s worldwide sales for the full year 2010 were $1.0 billion compared with $907.3 million recorded in 2009, a 10-percent increase. Revenue increased in each of the company’s product lines in 2010. Operating income for the full year 2010, excluding special items, was $99.1 million. Operating income, as reported, was $98.3 million.
Minerals Technologies Inc., a resource and technology based company, develops, produces, and markets a range of specialty mineral, mineral-based, and synthetic mineral products, as well as supporting systems and services worldwide. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.
National Health Partners, Inc. (OTC:NHPR)
National Health Partners, Inc., a leading provider of unique discount healthcare membership programs, recently announced that NHPR has achieved positive earnings for the quarter ended September 30, 2010 compared to a loss of $522,542 for the same period last year. Revenues for the 3rd quarter grew 12.3% over the same period last year. NHPR attributes the net earnings to the significant cost-cutting initiatives taken over the past couple of quarters and which is continuing in the 4th quarter.
“I am thrilled to announce that we have finally achieved profitability,” stated David M. Daniels, President and Chief Executive Officer of NHPR. “Due to the fact that our limited medical provider unexpectedly decided to exit the marketplace, we were unable to add any new CARExpress Plus limited medical sales during the 3rd quarter. Yet, despite this temporary setback, we were still able to substantially increase our revenue and reach profitability which is a testament to the underlying strength we have with our core CARExpress health discount programs. Although we achieved positive results in revenues and earnings, we anticipate much better results going forward into 2011.”
CARExpress MEMBERSHIP PROGRAMS
NHPR currently offers five standard CARExpress membership programs that provide benefits that range from prescription drug and vision care to comprehensive physician, hospital, vision, dental and other care.
- Comprehensive Care Program - This program is designed for individuals and families with little or no health insurance. It provides members with access to all of NHPR's CARExpress products and services, including physician, hospital and ancillary care, dental and vision care, retail and mail order pharmacy, 24-hour nurseline, hearing care, chiropractic and complementary alternative care, medical supplies and equipment, and long-term care facilities. The monthly retail price for this membership program is $39.95 per family.
- Supplemental Care Program - This program is designed for individuals and families who are underinsured and offers everything our comprehensive care program offers, except for access to doctors and hospitals. NHPR's supplemental care program generally presumes the member has some level of basic medical insurance coverage. The monthly retail price for this membership program is $29.95 per family.
- Preferred Care / Senior Advantage Program - This program is designed for individuals and families who are underinsured and need to save on the basic health services not covered under a traditional health insurance plan. It offers savings on prescriptions, vision and dental care, and a 24-hour nurseline. The monthly retail price for this membership program is $19.95 per family.
- Dental & Vision Care Program - This program is designed for individuals and families who typically have health insurance, but who do not have either dental care or vision care. The monthly retail price for this membership program is $14.95 per family.
- Prescription & Vision Care Program - This program is designed to offer members an inexpensive way to save money on prescriptions and vision care. This program is our low-cost entry program. The monthly retail price for this program is $9.95 per family.
National Health Partners' CARExpress membership programs are not insurance. There is no undertaking by National Health Partners to pay a portion of any fee for services or prescriptions purchased using NHPR’s CARExpress membership cards. Rather, NHPR’s CARExpress membership programs provide consumers with access to healthcare providers who, through their affiliations with PPO's, have agreed in advance to honor NHPR’s CARExpress membership cards and accept the discounted fees set by the PPO's. Our CARExpress membership programs require members to pay the provider at the time of service, thereby eliminating the need to file any insurance claims. CARExpress members simply present their CARExpress membership card to the participating provider at the time of the service to receive the discounted price.
National Health Partners, Inc. designs and offers their discount healthcare membership programs for uninsured and underinsured individuals. NHPR’s membership programs encompass all aspects of healthcare, including physicians, hospitals, ancillary services, dentists, prescription drugs, vision care, hearing aids, chiropractic services, alternative care, 24-hour nurseline, medical supplies and equipment, and long-term care facilities, which include skilled nursing facilities, assisted living facilities, respite care and home health care. NHPR offers their programs through a national healthcare savings network called CARExpress. NHPR provides our members with access to over 1,000,000 healthcare providers through NHPR's agreements with CareMark, Aetna Dental Access NetworkSM, Optum, Integrated Health, Three Rivers and International Med-Care, which are some of the largest and most prestigious national healthcare networks in the country. These providers represent more than 70% of all practicing doctors and surgeons, 65% of all acute care hospitals and 95% of all pharmacies in the United States.
National Health Partners, Inc. is a leading national healthcare savings organization that provides unique discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."
NHPR was founded in 1989 and is headquartered in Horsham, Pennsylvania.
To learn more about NHPR visit: http://www.nationalhealthpartners.com
Boeing Co. (NYSE:BA) submitted its final proposal for the U.S. Air Force's KC-X tanker competition. The proposal offers a fleet of Boeing NewGen Tankers – 767-based, multi-mission aircraft that deliver superior capabilities to U.S. warfighters and burn 24 percent less fuel than the competing European Aeronautic Defense and Space (EADS) Company's tanker. If selected, the Boeing tanker will save taxpayers tens of billions of dollars in fuel costs over the next 40 years and support 50,000 American jobs with more than 800 suppliers in more than 40 states.
The Boeing Company designs, develops, manufactures, sells, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The Boeing Company was founded in 1916 and is based in Chicago, Illinois.
Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. Crown Equity Holdings Inc. incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by Crown Equity Holdings Inc.
Crown Equity Holdings Inc. reported in June of last year its 1- 10 forward stock split, as well as in August announcing that Crown Equity Holdings Inc. had surpassed One Million dollars (1,000,000) in sales.
Crown Equity Holdings Inc. is utilizing today's technology to advertise, promote and market public companies globally. Crown Equity Holdings' proprietary network technology allows their publishing department to get their content to millions of readers daily across the world.
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. CRWE offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
To learn more about CRWE visit: http://www.crownequityholdings.com
Mettler-Toledo International, Inc. (NYSE:MTD) announced fourth quarter results for 2010. Provided are the highlights: Sales in local currency increased by 17% in the quarter compared with the prior year. Reported sales growth increased 16%, which includes a negative 1% currency impact. Net earnings per diluted share as reported (NYSEARCA:EPS) were $2.41, compared with $2.01 in the fourth quarter of 2009. Adjusted EPS was $2.56, a 22% increase over the prior-year amount of $2.09. Adjusted EPS is a non-GAAP measure and excludes purchased intangible amortization, discrete tax items, restructuring charges and other one-time items. A reconciliation to EPS is provided on the last page of the attached schedules.
Mettler-Toledo International Inc. manufactures and supplies precision instruments and services worldwide. The company manufactures weighing instruments for use in laboratory, industrial, packaging, logistics, and food retailing applications. The company was founded in 1991 and is headquartered in Greifensee, Switzerland.
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