Seeking Alpha

HotDrStockNews'  Instablog

HotDrStockNews
Send Message
  • TEN, CRWE, MBI, ATRO - DrStockPick.com Stock Report! Oct 29th 2010 0 comments
    Oct 29, 2010 3:08 PM | about stocks: TEN, MBI, ATRO

    drstock-2-3

    signup3m

    Crown Equity Holdings Inc. (OTCPK:CRWE)

    Crown Equity Holdings Inc (OTCBB:CRWE) announced freshly that it is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan. This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase the company’s up to date news and world affairs from the Mid-East, Far East and Europe online news wires.

    CRWE has launched its crwenewswire.fr website to provide news in France’s native language. Crown Equity Holdings Inc. had previously launched its German website crwenewswire.de and is launching its Canadian website crwenewswire.ca shortly.

    “The new website is one step in many towards the company goal of expanding its footprint internationally, ” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Our goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language, as well as within cities of every state of our country,” stated Mr. Bosket.

    CRWE plans to add more European companies to its CRWEnewswire network.

    The goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language.

    More:

    CRWE reported that it has added a company known as PenStox.com, a German Small Cap Service Provider led by Lars Schmidt, to its CRWENewswire.com team. PenStox.com will moderate the German CRWEnewswire websites in Germany.

    PenStox.com, which just relaunched its small cap investor community website, is a German-based media source for publicly traded small cap companies and investors to come together and discover market opportunities.

    CRWE has reported its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009. The Company incurred an operating loss of $26,739 for the six months ending June 30, 2010, compared to an operating loss of $245,796 during the same period in 2009. The Company incurred a net loss of $201,658 for the six months ending June 30, 2010, compared to a net loss of $255,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of $169,195 on securities held by the Company.

    CRWE recently reported that it will implement a forward stock split of its common stock on a one-for-ten basis. In connection with this forward split, the Company will increase its authorized shares from 500,000,000 to 1,000,000,000 shares.

    Ken Bosket, CEO of Crown Equity Holdings, said, “The Company and shareholders are elated to see their shares multiplied by ten. 10,000 shares became100,000 shares and 100,000 shares became 1,000,000 shares, and we believe this is just the beginning. Thus watch us grow, we are debt free, and our revenues have been increasing every quarter.”

    More about CRWE at: www.crownequityholdings.com

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Tenneco Inc. (NYSE:TEN) reported third quarter net income of $10 million, or 17-cents per diluted share, up from a net loss of $8 million, or 17-cents per diluted share, in third quarter 2009.

    Net income increased to $24 million, or 39-cents per diluted share, from $3 million, or 7-cents per diluted share, a year ago, on a higher share count.

    EBIT (earnings before interest, taxes and noncontrolling interests) was $67 million, up 90% from $35 million a year ago. Adjusted EBIT was $77 million, up 64% from $46 million in third quarter 2009.

    EBITDA including noncontrolling interests (EBIT before depreciation and amortization) was $122 million, a 35% increase from $90 million the prior year. Adjusted EBITDA including noncontrolling interests was $129 million, a 28% increase from $101 million a year ago.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    MBIA Inc. (NYSE:MBI) reported that it will host a webcast and conference call for investors on Wednesday, November 10, at 8:00 a.m. (EST) to discuss its third quarter 2010 financial results and other issues related to MBI.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

    Astronics Corporation (NASDAQ:ATRO), a leader in advanced, high performance lighting, electrical power and automated test systems for the global aerospace and defense industries, reported that it will release its third quarter 2010 financial results before the opening of financial markets on Thursday, November 4, 2010.

    The release of the financial results will be followed by a company-hosted conference call and audio webcast at 1:00 p.m. ET.

    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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

    drstbc

    Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.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 DrStockPick.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://drstockpick.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.

Back To HotDrStockNews' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.