Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

CRWEPicks.com Presents Afternoon Wall Street Update, RRI, CRWE, HUN, RAD

|Includes: HUN, NRG Energy, Inc. (NRG), RAD

signup3m

Crown Equity Holdings Inc. (OTC BB: CRWE.OB)

Crown Equity Holdings Inc. announced in June of this year its 1- 10 forward stock split, as well as in August announcing that the company had surpassed One Million dollars (1,000,000) in sales. The company is utilizing today's technology to advertise, promote and market public companies globally. CRWE's proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges. 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.

CRWE announces that it 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 very soon.

In addition to the company offering "I/R" service, the company has a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.

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

RRI Energy, Inc. (NYSE:RRI) Mirant Corporation (NYSE:MIR) and RRI Energy, Inc. announced that they have entered into agreements which provide for the companies to borrow $1.925 billion upon the closing of their proposed merger to form GenOn Energy, Inc. (GenOn). In addition, the companies have also entered into a revolving credit facility. Completion of these financings is subject to the satisfaction of certain customary conditions.


RRI Energy, based in Houston, provides electricity to wholesale customers in the United States. The company is one of the largest independent power producers in the nation with more than 14,000 megawatts of power generation capacity across the United States.

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

Huntsman Corporation (NYSE:HUN) announced that it has priced an issuance of $180 million principal amount of 8 5/8% senior subordinated notes due 2021 through its wholly owned subsidiary, Huntsman International LLC, at a price to investors of 108% of the principal amount plus accrued interest, for an effective yield of approximately 7 1/4%. The offered notes will have the same terms as the $350 million principal amount of 8 5/8% senior subordinated notes due 2021 issued by Huntsman International in September 2010.


Huntsman Corporation operates as a global manufacturer of differentiated organic chemical products and of inorganic chemical products. Its products comprise a range of chemicals and formulations, which the company markets globally to a diversified group of consumer and industrial customers.

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


Rite Aid Corp. (NYSE:RAD) reported Thursday October 28, 2010 that sales at stores open at least a year fell 1.7 percent in October due to the introduction of new, cheaper generic drugs and a decline in prescriptions. Sales at stores open at least a year is a key retail measure because it excludes sales at stores that opened or closed during the period. During the four weeks ending Oct. 23, front-end same-store sales fell 1.3 percent while pharmacy sales fell 1.8 percent. The company reported a 1.9 percent decrease in filled prescriptions.


Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States.

 

 

 

 

*******************************************
Sign-Up For Free Stock Alerts At http://crwepicks.com/signup
*******************************************

 

business Card 3




 

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

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer ( http://crwepicks.com/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 CRWEPicks.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 ) 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.


*******************************************