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Third Quarter Results, Quarterly Dividends and Merger Completions In Sunday's News! - AWI, EEGI, CBT, PMD

|Includes: Armstrong World Industries, Inc. (AWI), CBT, PMD

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Armstrong World Industries, Inc. (NYSE:AWI) recently reported third quarter 2010 net sales of $739.8 million, down 2 percent, from $753.0 million in the same period for 2009.

Armstrong World Industries, Inc. is a global leader in the design and manufacture of floors, ceilings and cabinets. In 2009, Armstrong's consolidated net sales totaled approximately $2.8 billion.

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http://pennyomega.com/img/eegi_Vu365.jpg

EEGI Merger Complete With Video Gaming Company VU365!

Eline Entertainment Group, Inc. (PINK SHEETS:EEGI ) has completed their merger with Vu365 (www.vu365.com ).

Vu365 has been looking to enter the US market for quite some time, and this merger is the perfect opportunity. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.

Vu365 is a popular China-based video game designing company. Founded in 2005, the group designs online and casual video games including strategic web games, cyber games and 3D large scale competitive games and has several products in development.

EEGI is happy to have Vu365 on their team and feels that they are a nice complement to their existing subsidiary, Let the Good Times Roll.

Eline Entertainment Group, Inc. operates in the educational industry in China. It operates 12 educational training centers for nursery students; and 4 training programs. The company was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001, and is based in Hendersen, Nevada.

http://www.elineentertainment.com

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On Friday, November 12, 2010, the Board of Directors of Cabot Corporation (NYSE:CBT) declared a quarterly dividend of $0.18 per share on all outstanding shares of the Corporation's common stock. The dividend is payable on December 10, 2010 to stockholders of record at the close of business on November 26, 2010.

Cabot Corporation is a global specialty chemicals and performance materials company headquartered in Boston, MA.

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Psychemedics Corporation (Nasdaq:PMD) recently announced third quarter financial results for the period ended September 30, 2010.

Psychemedics is the world's largest provider of hair testing for drugs of abuse with thousands of corporations relying on the patented Psychemedics drug testing services.

 

 

 

 

 

 

 

 

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