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ARW, DLKM, OC, ORFG, CYH - Stock News Update for Sunday! - 01/16/2011

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Arrow Electronics, Inc. (NYSE:ARW) announced the launch of its full-service reverse supply chain business segment comprising three brands: ReSolve, a new global reverse logistics services brand; Intechra, a leading source for IT asset disposition services; and Converge, a global provider of extensive electronic components distribution services and market expertise.

Each company’s unique service offerings complement the supply chain services of Arrow Electronics, a Fortune 200 company within the technology marketplace. launch of ReSolve follows Arrow’s acquisitions of Converge and Intechra in 2010.

Arrow Electronics, Inc. distributes a range of electronic components and enterprise computing products, services, and solutions to industrial and commercial users worldwide.

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Douglas Lake Minerals Inc. (OTC:DLKM) filed a NI 43-101 Technical Report on its four 100% owned prospecting licenses which cover 800 square kilometers in the Handeni District of eastern Tanzania.

This area recently has been recognized as an important gold district after the Magambazi gold find.

The 43-101 report details the first and second phases of exploration over the license area. In the Company’s November 23rd release it was disclosed that the first phase airborne geophysical survey effectively outlined the folded and faulted geologic terrain as well as five prominent Northwest-Southeast trending shear zones that extend through the Douglas Lake ground.

The second phase work program concentrated on collecting and analyzing soil geochemical samples on both detailed grids as well as reconnaissance style control lines across the large project area.

Within the second phase of work, outlined in Douglas Lakes’ 43-101 report, portions of the five northwest-southeast shear zones were tested by widely spaced soil sample profiles. The results indicate linear anomalous gold trends in soil that are coincident with the Northwest-Southeast structures as outlined by geophysics.

In total, the soil program was successful in outlining gold trends that have a combined strike length of over 40 kilometers on the Douglas Lake ground.

DLKM is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania.

For more information about this company please visit http://www.douglaslakeminerals.com/.

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Owens Corning (NYSE:OC) announced the following dates on which it plans to release its financial results in 2011. Feb. 16, 2011 – Fourth-quarter and year-end 2010 financial results. Apr. 27, 2011 – First-quarter 2011 financial results Aug. 3, 2011 – Second-quarter 2011 financial results.

Oct. 26, 2011 – Third-quarter 2011 financial results. Owens Corning (NYSE:OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune 500 Company for 56 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives.

Owens Corning, through its subsidiaries, provides composite and building materials systems worldwide. It operates in two segments, Composites and Building Materials.

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Orofino Gold Corp. (ORFG.PK) has acquired a 55% interest in the Mina Azul/La Estrella property with the rights to acquire up to 80%.

President Uribe (now to be President Santos) encouraged Artisanal miners to organize into co-operatives that will have legal status and will allow ORFG to partner with them on a long term basis.

The company’s objectives of bringing social benefits to the Artisanal miners, and their communities, and to include them in the planning activities that affect their lives, match those of the Government.

Senior officials have offered full support of the government departments that facilitate and regulate exploration and mining activities.

Orofino Gold Corp.’s projects are La Azul, San Carlos and Culo Alzado. La Azul is one producing artesanal mine in the Senderos de Oro area controlled by Orofino, it is a mixed sequence of predominantly volcanic rocks with the vien systems comprised of high grade chalcopyrite, galena and sphalerite with pyrite in quartz viens.

ORFG is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America.

www.orofinogold.com

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Community Health Systems, Inc. (NYSE:CYH) issued the following statement in response to Tenet Healthcare Corporation’s (NYSE:THC) announcement that its Board of Directors has adopted a stockholder rights plan with a 4.9% trigger and amended the Company’s bylaws in an attempt to allow its 2011 Annual Meeting to be delayed for up to 18 months after its 2010 Annual Meeting:

“Tenet shareholders should be deeply disappointed that their Board’s response to a compelling 40% premium offer is a double-barreled entrenchment strategy – facilitating a significant delay of their 2011 Annual Meeting and installing a poison pill.

Community Health Systems, Inc. provides healthcare services through the operation of hospitals in the United States. The company offers a range of general and specialized hospital healthcare services.

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