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Ruddick Corp. (NYSE:RDK) reported that consolidated sales for the fiscal third quarter ended July 3, 2011 increased by 8.1% to $1.19 billion, from $1.10 billion in the third quarter of fiscal 2010. For the 39 weeks ended July 3, 2011, consolidated sales increased by 6.7% to $3.43 billion from $3.21 billion for the comparable period of fiscal 2010.
Ruddick Corporation, through its subsidiaries, engages in the operation of a regional chain of supermarkets primarily in the southeastern and mid-Atlantic United States, and the District of Columbia.
Polo Ralph Lauren Corp. (NYSE:RL) will release its First Quarter Fiscal Year 2012 results for the period ended July 2, 2011 at approximately 8:00 A.M. Eastern, Wednesday, August 10, 2011. At 9:00 A.M. Eastern, on the same day, the Company will host a conference call for analysts, investors and other interested parties. Listeners may access a live broadcast of the conference call on the Company's investor relations website at http://investor.ralphlauren.com or by dialing 719-457-2646. To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Polo Ralph Lauren First Quarter Fiscal Year 2012 conference call.
Polo Ralph Lauren Corporation, together with its subsidiaries, engages in the design, marketing, and distribution of lifestyle products.
National Health Partners, Inc. (OTC:NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners, Inc primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
The nature of health care in the U.S. has changed dramatically over the past century with longer life spans and greater prevalence of chronic illnesses. This has placed tremendous demands on the health care system, particularly an increased need for treatment of ongoing illnesses and long-term care services such as nursing homes; it is estimated that health care costs for chronic disease treatment account for over 75% of national health expenditures.
National Health Partners, Inc. (OTC:NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company's CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
For more information about National Health Partners, Inc. please visit their website: www.nationalhealthpartners.com.
AboveNet, Inc. (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, announced results for the second quarter and six months ended June 30, 2011. Revenue for the second quarter of 2011 was $118.3 million, a 17.5 % increase from $100.7 million for the second quarter of 2010. Revenue from domestic metro services for the second quarter of 2011 totaled $32.1 million, an increase of 15.1% from $27.9 million for the second quarter of 2010. Revenue from domestic WAN services for the second quarter of 2011 was $24.7 million, an increase of 26.0% over $19.6 million for the second quarter of the prior year. Adjusted EBITDA for the second quarter of 2011 was $54.0 million, compared to $45.7 million for the second quarter of 2010. Cash used for capital expenditures for the second quarter of 2011 was $37.3 million, compared to $30.1 million for the second quarter of last year. Cash and cash equivalents at June 30, 2011 were $96.4 million, compared to $61.6 million at December 31, 2010. Revenue for the second quarter of 2011 was $118.3 million, a 17.5% increase from $100.7 million for the second quarter of 2010. Revenue included contract termination revenue of $1.0 million for the second quarter of 2011, compared to $0.6 million for the second quarter of 2010. Also included in revenue was equipment sales of $4.2 million in the second quarter of 2011, compared to $1.9 million for the prior year quarter. Excluding contract termination revenue and equipment sales from each period, revenue would have been $113.1 million and $98.2 million, respectively, an increase of $14.9 million, or 15.2%.
AboveNet, Inc., together with its subsidiaries, provides high-bandwidth connectivity solutions to corporate enterprise clients and communication carriers primarily in the United States and the United Kingdom.
Universal Corp. (NYSE:UVV), announced that the Company's Board of Directors declared a quarterly dividend of forty-eight cents ($0.48) per share on the common shares of the Company, payable November 14, 2011, to common shareholders of record at the close of business on October 11, 2011. In addition, the Board of Directors declared a quarterly dividend of $16.875 per share on the Series B 6.75% Convertible Perpetual Preferred Stock ("Series B Preferred Stock"), payable September 15, 2011, to shareholders of record as of 5:00 p.m. Eastern Time on September 1, 2011.
Universal Corporation, together with its subsidiaries, operates as a leaf tobacco merchant and processor worldwide. It engages in selecting, procuring, buying, processing, packing, storing, supplying, shipping, and financing leaf tobacco for sale to, or for the account of, manufacturers of consumer tobacco products.
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