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Eline Entertainment Group Inc. (OTCPK:EEGI)
Eline Entertainment Group, Inc. (PINK SHEETS:EEGI.PK) has completed their merger with Vu365.
Vu365 has been looking to enter the US market for quite some time, and this merger is the perfect opportunity. According to sources, Vu365 offers revenues in the $2 million USD range, with profits of $500,000 USD.
Vu365 is a popular China-based video game designing company. Founded in 2005, the group designs online and casual video games including strategic web games, cyber games and 3D large scale competitive games and has several products in development.
EEGI is happy to have Vu365 on their team and feels that they are a nice complement to their existing subsidiary, Let the Good Times Roll.
Eline Entertainment Group, Inc. operates in the educational industry in China. EEGI operates 12 educational training centers for nursery students; and 4 training programs. EEGI was formerly known as Eline Music.com, Inc. and changed its name to Eline Entertainment Group, Inc. in April 2001. Eline Entertainment Group, Inc. is based in Hendersen, Nevada.
To learn more about EEGI visit: http://www.elineentertainment.com
Abercrombie & Fitch Co. (NYSE:ANF) reported net sales of $226.8 million for the four-week period ended October 30, 2010, a 13% increase from net sales of $200.2 million for the four-week period ended October 31, 2009. October comparable store sales increased 2%. For the fiscal month, total Company direct-to-consumer net merchandise sales increased 11% to $23.6 million. For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 86% to $53.0 million. For the fiscal quarter ended October 30, 2010, the Company reported net sales of $885.8 million, an 18% increase from net sales of $753.7 million last year. Comparable store sales increased 7% for the quarter. For the quarter, total Company direct-to-consumer net merchandise sales increased 32% to $81.4 million. For the quarter, total Company international net sales, including direct-to-consumer net sales, increased 87% to $164.1 million.
Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. The company sells casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products, and accessories under the Abercrombie & Fitch, abercrombie kids, and Hollister brands.
The TJX Companies, Inc. (NYSE:TJX) reported October 2010 sales results. Sales for the four-week period ended October 30, 2010, were $1.8 billion, up 5% over the $1.7 billion achieved during the four-week period ended October 31, 2009. For the 39 weeks ended October 30, 2010, sales reached $15.6 billion, up 9% over the $14.3 billion achieved during the 39-week period last year. Consolidated comparable store sales were flat compared to last year for the four-week period ended October 30, 2010. For the 13-week third quarter, consolidated comparable store sales increased 1% over last year. For the 39-week, year-to-date period, consolidated comparable store sales increased 4% compared to last year.
The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions in the United States and internationally. Its stores offer apparel, including footwear and accessories; home fashions, including home basics, accent furniture, lamps, rugs, wall decor, decorative accessories, and giftware; jewelry and accessories; men’s and juniors offerings; children’s furniture; seasonal merchandise; and other merchandise.
Macerich Co. (NYSE:MAC) announced that Art Coppola, Chairman and CEO, Ed Coppola, President, and Tom O’Hern, Senior Executive Vice President and Chief Financial Officer, will participate in the National Association of Real Estate Investment Trusts (NAREIT) 2010 REITWorld conference to be held in New York. The Macerich presentation will be held from approximately 2:50 pm to 3:20 pm Eastern Time, on Monday, November 15th. The live audio-only webcast will be available online in the Investing Section of the Company’s website. An online replay will be available through 11:59 pm Pacific Time, December 31, 2010 at the same location.
The Macerich Company operates as a real estate investment trust (REIT) in the United States. The company, through its majority-owned partnership, The Macerich Partnership, L.P., engages in the acquisition, ownership, development, redevelopment, management, and leasing of regional and community shopping centers.
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