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American Video Teleconferencing Corp. (OTCPK:AVOT)
AVOT is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, AVOT will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
China has been one of the main supplier to the US of the Earth's rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported.
AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.
The board of directors of The J. M. Smucker Company (NYSE:SJM) declared a $0.40 per share dividend on the common shares of the Company to be paid on Wednesday, December 1, 2010, to shareholders of record at the close of business on Friday, November 12, 2010.
The Company will conduct its second quarter fiscal 2011 earnings conference call and webcast on Thursday, November 18, 2010, at 8:30 a.m. Eastern Time. Earnings will be released on the morning of the call. The live webcast can be accessed from the Company's website at www.smuckers.com.
The J. M. Smucker Company engages in the manufacture and marketing of branded food products in the United States and internationally.
1st United Bancorp, Inc. (Nasdaq:FUBC) reported net income available to common shareholders of $321,000 ($.01 earnings per share) for the nine months ended September 30, 2010, compared to a net loss available to common shareholders of $2.92 million ($.31 loss per share) for the nine months ended September 30, 2009. For the quarter ended September 30, 2010, 1st United had a net loss available to common shareholders of $232,000 ($.01 loss per share) which compares to a net loss available to common shareholders of $691,000 ($.06 loss per share) for the three months ended September 30, 2009.
1st United Bancorp, Inc. operates as the financial holding company for 1st United Bank that provides financial services to residents and businesses in Florida. Its deposit products include checking accounts, money market accounts, certificates of deposit, IRA accounts, sweep investment capabilities, NOW accounts, time deposits, demand deposits, and savings accounts.
Lihua International, Inc. (Nasdaq:LIWA), a leading Chinese developer, designer, and manufacturer of low cost, high quality alternatives to pure copper products, including refined copper products and superfine and magnet wire, as well as copper clad aluminum ("CCA") wire, today announced that it will report financial results for the third quarter ended September 30, 2010 on Wednesday, November 10, 2010, before the start of trading in the U.S.
The Company will host a conference call to discuss the results on Wednesday, November 10, 2010 at 8:00 a.m. Eastern time. Interested parties may access the conference call by dialing 1-877-941-2069 in the U.S. and Canada, or 1-480-629-9712 internationally.
Lihua International, Inc., through its subsidiaries, manufactures and sells bimetallic composite conductor cable and wire products, and refined copper products in the People?s Republic of China.
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