SVM, SFIO, GNK, NHPR, MIG - Stock Report! Feb 18th 2011

Feb. 18, 2011 3:37 PM ETMIG-OLD
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Silvercorp Metals Inc. (NYSE:SVM) announced that its Board of Directors has declared its third quarter fiscal 2011 dividend of CAD$0.02 per share, to be paid on or before April 21, 2011 to shareholders of record at the close of business on March 31, 2011. The dividends are considered eligible dividends for Canadian tax purposes.

Silvercorp Metals Inc. engages in the acquisition, exploration, development, and operation of silver mineral properties in China and Canada. Silvercorp Metals Inc. is headquartered in Vancouver, Canada.

Studies show that cigarette smoking is an important risk factor for stroke. Inhaling cigarette smoke produces several effects that damage the cerebrovascular system. Women who take oral contraceptives and smoke increase their risk of stroke many times. Smoking also creates a higher risk for peripheral arterial disease and aortic aneurysm.

- components of the gas and particulate phases cause chronic obstructive pulmonary disorder (COPD).

The damage caused by smoking is influenced by:

- the number of cigarettes smoked

- whether the cigarette has a filter

- how the tobacco has been prepared.

Smokefree Innotec, Inc. (Pinksheets:SFIO) is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free.

SFIO recently reported through its President and CEO that with some minor fine tuning, SFIO’s shopping cart is now fully operational giving SFIO’s customers the opportunity to purchase the first of our products being offered: Smokers Option, in both Menthol and Cinnamon. The web site itself is undergoing extensive redesign, to include complete product description located in easy to access click through portals. Beginning with Smokers Option presently available, additional products expected to be offered soon include ’smokeless REAL e-cigarettes’ (pronounced ‘Re-Al’) with an inventory of redesigned starter kits scheduled for delivery before the end of March. Marking a price reduction from $79 to under $18, the starter kits have been redesigned with our new technology to include the electronic device (’Zig’) and an initial supply of 10 filters, a compact charging unit and power supply, all designed to fit inside a package the size of a cigarette box.

More about SFIO at: ,

Genco Shipping & Trading Ltd. (NYSE:GNK) announced that it will hold a conference call to discuss the Company's results for the fourth quarter of 2010 on Thursday, February 24, 2011 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2010 on Wednesday, February 23, 2011 after the close of market trading.

Genco Shipping & Trading Limited engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. It primarily transports iron ore, coal, grain, steel products, and other drybulk cargoes.

Now we all know that the uninsured pay more for care-and have less-than those with insurance. However when the uninsured can not pay, health care providers adjust those costs to the who can pay-those which passes the buck to those who have insurance policy. This then leads to higher costs for those who buy the insurance on the particular market, as well as individuals who get insurance coverage for themselves and their own families through their job. The need for affordable healthcare alternatives has never been greater.

On Monday November 15, 2010, National Health Partners, Inc. (National Health) (OTCBB:NHPR.OB), a leading provider of unique discount healthcare membership programs, announced that the Company has achieved positive earnings for the quarter ended September 30, 2010 compared to a loss of $522,542 for the same period last year. Revenues for the 3rd quarter grew 12.3% over the same period last year. The Company attributes the net earnings to the significant cost-cutting initiatives taken over the past couple of quarters and which is continuing in the 4th quarter.

More about NHPR at:

Meadowbrook Insurance Group Inc. (NYSE:MIG) reported that net operating income for the year ended December 31, 2010 increased 8.8% to $58.2 million, or $1.07 per diluted share, up from $53.5 million, or $0.93 per diluted share, for the comparable prior year period. Net income increased 13.4% to $59.7 million, or $1.10 per diluted share, compared to $52.7 million, or $0.92 per diluted share, in 2009. Our 2010 results include $1.5 million, or $0.03 per diluted share, of net after-tax realized gains, whereas 2009 results include ($865,000), or ($0.01) per diluted share, of after-tax realized losses. Gross written premium increased 16.4% to $801.9 million in 2010, compared to $688.7 million in the comparable prior year period. The increase in premium is primarily due to new business initiatives commencing in the second half of 2009. For the year ended December 31, 2010, net earned premium increased 22.3% to $659.8 million, compared to $539.6 million in 2009. The year-to-date GAAP combined ratio for 2010 was 95.0%, compared to 93.2% for the comparable period in 2009.

Meadowbrook Insurance Group, Inc., through its subsidiaries, operates as a specialty insurance underwriter and insurance administration services company in the United States. It primarily develops and manages specialty risk management programs for defined client groups and their members.

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