FONAR Corporation (NASDAQ:FONR), announced its earnings for the first quarter of fiscal 2011, ending September 30, 2010. Income from operations for the quarter ending September 30, 2010 was $435,000 as compared to a loss of $1,422,000 for the same period one year earlier, ending September 30, 2009. FONAR has had income from operations for three quarters in a row.
FONAR Corporation engages in the design, manufacture, sale, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases.
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.
EEGI is a publicly traded company with two subsidiaries, China-based Innovation Investment Group Inc. and US-based 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. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) proudly announces the debut of St. Regis’ first resort in China and first-ever luxury resort in Tibet, with the opening of The St. Regis Lhasa Resort. Standing on the “Roof of the World” at 12,000 feet above sea level, The St. Regis Lhasa Resort offers refined luxury and superlative service in a storied city. The resort boasts awe-inspiring views of the Himalayas and the Lhasa Valley from each of the 162 guest rooms, suites and villas which feature distinctive architectural details and décor that entwine modern luxury with traditional Tibetan elements.
Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton.
ALG, a subsidiary of DealerTrack Holdings, Inc. (Nasdaq:TRAK) and the industry benchmark for residual values and depreciation data, announced its 12th Annual Residual Value Awards, with Subaru and Infiniti taking the awards for top mainstream and luxury brands, respectively. Japanese models also continued their overall dominance of the awards, winning 12 of the 19 individual vehicle segments.
DealerTrack Holdings, Inc., through its subsidiaries, provides on-demand software solutions to automotive retail industry in the United States and Canada.
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