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EVN, EEGI, MNP, PWRM, AMBO - Stock Reports from!



Eaton Vance Municipal Income Trust (NYSE:EVN) announced on November 16, 2010 that the earnings of the Trust for the three and nine-month periods ended August 31, 2010. The Trust's fiscal year ends on November 30, 2010. Net realized and unrealized gains for the three months ended August 31, 2010 were $11,735,751 ($0.520 per common share). The Trust's net realized and unrealized gains for the nine months ended August 31, 2010 were $26,490,399 ($1.175 per common share). In comparison, net realized and unrealized gains for the three months ended August 31, 2009 were $10,271,816 ($0.496 per common share) and net realized and unrealized gains for the nine months ended August 31, 2009 were $35,661,110 ($1.919 per common share).

Eaton Vance Municipal Income Trust operates as a nondiversified and closed-end management investment company. The trust invests primarily in investment grade municipal obligations. Its investment portfolio comprises investments in various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home. Eaton Vance Management serves as the investment adviser of the trust. Eaton Vance Municipal Income Trust was founded in 1998 and is based in Boston, Massachusetts.


Innovation Investment Group, Inc.’s (OTCPK:EEGI) CEO Attends Risk Investor Decision-Making Course

Eline Entertainment Group, Inc. (PINK SHEETS:EEGI) subsidiary Innovation Investment Group Inc. (Inn Group; CEO Hong Wei attended a risk investor and decision-making course.

The course, named Risk Investor Decision-Making Flow, was instructed by IDGVC Partners (, a China-focused investment firm with over US $2.5B capital under management.

With an in-depth understanding of the local market, IDGVC invests in high quality companies with long-term growth potential and continuously dedicate themselves to the growth of great Chinese companies.

Ms. Hong Wei, a prominent motivational speaker in China and a firm believer in continuous education, attended the course in the morning and a service marketing conference in the afternoon, and was pleased with the course’s informative structure.

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, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.


Western Asset Municipal Partners Fund Inc. (NYSE:MNP) announced for the monthly distributions of $0.0675 per common share for December 2010, and January and February 2011.

Announced the amount of the Fund’s distributions that have been declared by the Board of Directors. In early 2011 and early 2012, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the respective prior calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return.

Western Asset Municipal Partners Fund, Inc. operates as a diversified, closed-end management investment company. It invests in municipal bonds and short term investments. The fund?s portfolio includes investments in health care, education, pollution, transportation, general obligation, utilities, general revenue, water, housing, power, and industrial development sectors.


Power3 Medical Products, Inc. (OTC:PWRM)

PWRM recently delivered four poster presentations at the 2010 ICAD. These presentations discussed PWRM’s diagnostic test, NuroPro, and focused on PWRM’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.

“In preparation for commercialization, our objective at this meeting was to show how Power3’s protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer’s disease,” stated Dr. Ira L. Goldknopf, PWRM ’s President & Chief ScACientific Officer. “It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which Power3’s protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs.”

“We are pleased that our blood tests specifically diagnose Alzheimer’s in patients, both pre- and post-treatment,” commented Helen R. Park, MS, CEO of PWRM, “and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii.”

More about PWRM at


Ambow Education Holding Ltd. (NYSE:AMBO) reported its unaudited financial results for the third quarter and nine months ended September 30, 2010. Ambow reported net revenues of $147.2 million(1), an increase of 80.5% year-over-year, and net income attributable to the Company of $18.7 million, an increase of 129.0% year-over-year, in the first nine months of 2010.Total net revenues in the first nine months of 2010 were $147.2 million, increasing 80.5% year-over-year from $81.5 million in the same period in 2009.

Net income attributable to Ambow in the first nine months of 2010 increased 129.0% to $18.7 million from $8.2 million in the same period in 2009.Non-GAAP net income(2), being net income attributable to Ambow excluding share-based compensation expenses ("Non-GAAP net income"), for the first nine months of 2010 increased 131.0% year-over-year to $22.3 million from $9.7 million in the same period in 2009.Total net revenues in the third quarter of 2010 were $48.7 million, increasing 78.9% year-over-year from $27.2 million in the third quarter of 2009.Net income attributable to Ambow in the third quarter of 2010 increased 415.8% to $5.0 million from $1.0 million in the third quarter of 2009.Non-GAAP net income in the third quarter of 2010 increased 336.7% year-over-year to $6.3 million from $1.4 million in the third quarter of 2009.

Ambow Education Holding Ltd. provides educational and career enhancement services in high school entrance examination and college entrance examination markets in China.

The company operates through two business lines, Better Schools that represents K-12 degree programs and tutoring services with curriculum that enables students to improve their academic results and educational opportunities, and Better Jobs that comprises career enhancement service programs that facilitate post-secondary students to obtain employment.


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