Corporate Universe Inc. (Pink Sheets:COUV) is pleased to report the following corporate and operational matters to its shareholders and followers.
Corporate Universe is opening its new corporate office at 3771 Nesconset Highway, South Setauket, NY, effective October 4, 2010. The new office will allow Corporate Universe to operate all of its divisions and subsidiaries in a centrally located place. Manhattan Transfer Registrar Company will continue to be located in Miller Place.
Now that the corporate changes are fully implemented, including the name change to Corporate Universe Inc., trading under the symbol (Pink Sheets:COUV), and the forward split of 10 new shares for each old share of common stock, the company is ready for business and intends to keep its followers advised on a timely basis.
Corporate Universe corporate website, corp-universe.com, went live today and has officially been launched. The management will continue to update and improve it over the coming weeks.
John Ahearn, President of Corporate Universe, stated, "In a few short weeks we have made great strides in getting our company reorganized and moving forward. I believe that many great things are in store for Corporate Universe Inc. in the future and all of us are working very hard and diligently to make it happen. As part of our growth strategy COUV intends to grow the company both organically and through mergers of successful companies in our business industry or business space. COUV management and the Mina Mar Group Mergers and Acquisition Division will be meeting to discuss potential business opportunities and candidates in the near future."
Corporate Universe operates as a multi-media and software development, production, and distribution company. Corporate Universe designs and develops database driven Web sites for its clients on a contract basis under the name i2 Media Lab. Corporate Universe offers brand logos for stationary, cards, and Web sites; brochures and promotional literature; Web site design; database design and programming; Web site programming; software applications for Intranet, Internet, WAN, and LAN; and desktop applications. Corporate Universe also publishes online lifestyle communities and publications under the brand i2 Interactive Media; and produces video broadcast feature films and documentaries. In addition, Corporate Universe provides domain registration, Web site development, Web site management, 3-D animation, and graphic design services. Corporate Universe, Inc. was formerly known as Inicia, Inc. and changed its name in September 2010. Corporate Universe was founded in 2005 is based in New York, New York.
Arabian American Development Co. (Nasdaq:ARSD) announced financial results for the third quarter and nine month period ended September 30, 2010. Consolidated revenue for the quarter ended September 30, 2010 increased 20.9% to $37.0 million compared to revenue of $30.6 million in the third quarter of 2009 and increased 1.4% sequentially compared to revenue of $36.5 million in the second quarter of 2010.
Arabian American Development Company, through its subsidiaries, engages in the manufacture and sale of various specialty petrochemical products, as well as the development of mineral properties in Saudi Arabia and the United States.
The National Instruments (Nasdaq:NATI) Board of Directors announced a quarterly dividend of $0.13 per share. This dividend is payable on Nov. 29, 2010, to shareholders of record on Nov. 8, 2010.
National Instruments Corporation manufactures and supplies measurement and automation products.
Reinsurance Group of America, Incorporated (NYSE:RGA), reported third-quarter net income of $128.2 million, or $1.72 per diluted share, compared to $118.2 million, or $1.61 per diluted share in the prior-year quarter. Operating income totaled $127.7 million, or $1.72 per diluted share, compared to $114.6 million, or $1.56 per diluted share in the year-ago quarter. Operating income per diluted share increased 10 percent over a solid year-ago quarter.
Reinsurance Group of America, Incorporated, an insurance holding company, engages in individual and group life, annuity, asset-intensive, critical illness, and financial reinsurance in the United States, Canada, Europe, South Africa, Asia.
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