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American Pacific Rim Commerce Group (OTC:APRM)
American Pacific Rim Commerce Group recently announced earnings guidance for fiscal years 2011 and 2012. APRM expects to report net income attributable to operations of approximately $12,679,040 million for its fiscal year ending November 30, 2011 and $20,300,000 for 2012, respectively. Profit before interest expense, income taxes, depreciation and amortization is expected to be approximately $9.5 million for 2011 and $16.5 million for 2012.
In prepared remarks delivered to investors, Raymond Talarico, President, said, "Assuming full funding and build-out of our proprietary ecommerce platform mymyJ, the Company projects, for fiscal 2011 ending November 30, 2011 to report earnings of $12 to $13 million and total profit of $9 to $10 million, such guidance represents only a 1% share of total market and suggests a tremendous upside for our shareholders. "By revising our guidance upward we have aligned our expectations with increasingly positive market conditions being reported in China."
Another company highlight, American Pacific Rim Commerce Group recently debuted of a new corporate website including flash presentation of its proprietary ecommerce platform, mymyj.com. APRM markets "Made-in-the-USA" products and services manufactured by U.S. Small & Medium Size Businesses (SME) to consumers in Hong Kong and China through its proprietary e-commerce platform.
APRM is a first mover in the market, providing SME's transactional-based solutions; promotions, sales, logistics and currency conversion, that will establish its backbone as the leading on-line marketplace between Chinese consumers and U.S. SME's. Following successful beta-testing, APRM anticipates launching 'mymyj' (loosely translated); "Buy & Sell Festival" to Chinese consumers in December.
American Pacific Rim Commerce Group, a development stage company, focuses to provide an ecommerce platform to promote commerce between the U.S. small and medium businesses and Chinese businesses and consumers. APRM intends to offer Chinese customers an opportunity to buy 'Made in the USA' American products from its online portal and visible platforms in China. APRM is based in Citra, Florida.
To learn more about APRM visit: http://www.aprcg.com
PetroQuest Energy Inc. (NYSE:PQ) announced net income available to common stockholders for the quarter ended September 30, 2010 of $4,939,000, or $0.08 per share, compared to third quarter 2009 net income available to common stockholders of $4,453,000, or $0.07 per share. For the first nine months of 2010, the Company reported net income available to common stockholders of $39,904,000, or $0.63 per share, compared to net loss available to common stockholders of $54,758,000, or $1.03per share, for the first nine months of 2009. During the third quarter of 2010, the Company completed the public offering of $150 million aggregate principal amount of 10% Senior Notes due 2017. The net proceeds of the offering plus cash on hand were used to fund the tender offer and consent solicitation and redemption of the Company's outstanding 10 3/8% Senior Notes due 2012.
PetroQuest Energy, Inc. operates as an independent oil and gas company. It engages in the acquisition, exploration, development, and operation of oil and gas properties in Oklahoma, Arkansas, and Texas, as well as onshore and in the shallow waters offshore the Gulf Coast Basin.
AirTran Holdings Inc. (NYSE:AAI) AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE:AAI), and Google Chrome, the innovative web browser from Google today unveiled a unique promotion to bring free inflight Wi-Fi to all AirTran Airways passengers this holiday season. AirTran Airways is the only major airline to have Wi-Fi on every flight. From November 20, 2010, through January 2, 2011, AirTran Airways passengers will have free access to Gogo Inflight Internet. The service allows passengers with Wi-Fi enabled devices like laptops and smartphones to surf the Web while inflight.
AirTran Holdings, Inc., through its subsidiary, AirTran Airways, Inc., provides scheduled airline services in the United States. It operates scheduled airline service primarily in short-haul markets in the eastern United States, with flights originating and terminating at its hub in Atlanta, Georgia.
First Industrial Realty Trust Inc. (NYSE:FR) a leading provider of industrial real estate supply chain solutions, announced today that L. Peter Sharpe has joined its board of directors. Mr. Sharpe is president and chief executive officer of The Cadillac Fairview Corporation Limited, one of North America's largest investors, owners and managers of commercial real estate. Bruce W. Duncan, president and CEO of First Industrial, said, "We are pleased that Peter has joined our board, as the Company will benefit from his vast experience as an owner, operator and leader in the real estate industry.
First Industrial Realty Trust, Inc. operates as a real estate investment trust. The company engages in the ownership, management, acquisition, sale, development, and redevelopment of industrial real estate properties.
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