BlackRock MuniAssets Fund, Inc. (NYSE:MUA) announced that, at a special meeting of shareholders of BlackRock Apex Municipal Fund, Inc. (NYSE:APX) held, shareholders of APX have approved the reorganization of APX with and into BlackRock MuniAssets Fund, Inc. (NYSE:MUA).
As announced on December 17, 2010, shareholders of MUA previously approved the Reorganization. It is currently expected that the Reorganization will be completed on or about February 25, 2011, subject to all regulatory requirements and customary closing conditions being satisfied. The Reorganization, if completed, would occur based on the relative net asset values of APX and MUA.
BlackRock MuniAssets Fund, Inc. operates as a nondiversified, closed-end management investment company. It invests primarily in a portfolio of medium-to-lower grade or unrated municipal obligations. The fund was formerly known as Blackrock MuniAssets Fund Inc.
ENZO Opperational Highlights:
- Enzo Life Sciences, benefiting from increased emphasis on higher margin products, realized a greater than 100% gain in operating income.
- Enzo Clinical Labs increased revenues 6%, while reducing the operating loss 62%.
- Company-wide, gross margin increased $2.0 million or 17%.
- Operating expenses decreased 7%, or to 57% of revenues, from 63%.
- EBITDA, a non-GAAP measure, was $23,000, an improvement of $2.9 million from the prior quarter.
- Net loss for the quarter was reduced 70%.
Enzo Therapeutics Strategy
Enzo intends to exploit its broadly applicable and innovative technology platforms to develop products for treating a variety of diseases.
The broad diagnostic and therapeutic potential offered by Enzo's core technology platforms extend to applications well beyond those currently under development in-house.
For additional therapeutic applications that will not be developed in-house, Enzo seeks collaborations or partnerships with other companies that can provide a synergistic enhancement of drug development.
What is Enzo Clinical Labs?
Enzo Clinical Labs is a full service clinical reference laboratory. They are one of the leading regional labs in the country, as we combine the extensive testing capabilities of a large laboratory with the convenience and personalized service of a local one.
Enzo was one of the area’s first laboratories to be awarded the prestigious College of American Pathologist (CAP) accreditation. This award indicates that Enzo has passed an extremely rigorous series of inspections far more sophisticated than those mandated by licensing authorities.
Enzo Clinical Labs is much more than a highly respected clinical laboratory. Our lab is utilized extensively to demonstrate the benefits of gene-based products developed at Enzo Life Sciences. It also plays an important role in the development of and performance of tests used to support the on going trials of Enzo Therapeutics.
US Airways Group, Inc. (NYSE:LCC) will conduct a live audio webcast of its fourth quarter 2010 financial results conference call with the financial community on Wednesday, Jan. 26 at 12 p.m. ET (10 a.m. MT).
The webcast will be available to the public on a listen-only basis at the company’s website, usairways.com. Listeners to the webcast will need a current version of Windows MediaPlayer software and at least a 28.8 kbps connection to the Internet.
US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,100 flights per day and serves more than 200 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America.
US Airways Group, Inc., through its subsidiaries, provides air transportation for passengers and cargo. It operates approximately 3,000 flights daily to 190 communities in the United States, Canada, Mexico, Europe, the Middle East, the Caribbean, and Central and South America.
Rare-earth metals include terbium, which finds use in flat-panel TVs and high-efficiency fluorescent lamps, and neodymium, key to the permanent magnets in high-efficiency electric motors.
Rare-earth metals are not indeed rare. The series of nonferrous metals is common in the environment. According to Design Chain Associates, most rare-earth metals are as common as copper, and even the rarest is more common than gold.
Part of the market pressure on rare-earth metals comes from new demands that green technologies has prompted. The market, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
American Video Teleconferencing Corp. (Pink Sheets:AVOT.PK), “the company”, has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium.
That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall. The company, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. The company will aggressively.
To contact the company, Email at firstname.lastname@example.org
Skilled Healthcare Group, Inc. (NYSE:SKH) announced it has updated its 2010 full year non-GAAP earnings estimates and expects consolidated revenue to be approximately $816 million to $819 million, Adjusted EBITDAR (1) to be approximately $138.9 million to $140.7 million and Adjusted EBITDA (2) to be approximately $119.7 million to $121.5 million.
The Company expects adjusted earnings per diluted share for 2010 to be between $1.01 and $1.04. Additionally, the Company issued its initial earnings guidance for 2011 and expects full year consolidated revenue to be between $880 million and $900 million, EBITDAR (3) to be in the range of $156.2 million to $163.5 million, EBITDA (4) to be in the range of $137.2 million to $144.5 million and net income per common share to be between $1.22 and $1.32.
Skilled Healthcare Group, Inc., through its subsidiaries, operates skilled nursing facilities, assisted living facilities, hospices, and a rehabilitation therapy business. Its skilled nursing facilities provide specialty care, such as chemotherapy.
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Crown Equity Holdings Inc. (OTCPK:CRWE) has received from the company 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (OTC:AVOT) for 12 months IR Services and 1,000,000 shares of (144) restricted common stock for its IT services.
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