LHC Group, Inc. (Nasdaq:LHCG) a national provider of home health and hospice services, announced that the Company is adjusting its full year earnings per share outlook for 2010 solely due to the 4.89% reduction to Medicare reimbursement that was outlined in the Centers for Medicare & Medicaid Services (NYSE:CMS) Home Health Prospective Payment System (NYSE:PPS) Rate Update for Calendar Year 2011, which was released on November 3, 2010, following the Company's third quarter earnings call. Although CMS has not issued definitive guidance, based on past experience, the Company believes that any episode that ends on or after January 1, 2011 (including admissions on or after November 3, 2010), may be reimbursed using the new 2011 rates.
LHC Group, Inc., through its subsidiaries, provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the United States.
Copart, Inc. (Nasdaq:CPRT) announced it has commenced a tender offer to purchase up to 10,526,315 shares of its common stock at a price of $38.00 per share. The number of shares proposed to be purchased in the tender offer represents approximately 12.8% of the approximately 82.2 million shares of Copart common stock currently outstanding. The last reported trading price of Copart common stock on the NASDAQ Global Select Market on December 14, 2010 was $35.24 per share. The tender offer will expire at 5:00 p.m. New York City time on Friday, January 14, 2011, unless extended by Copart. Tenders of Copart’s common stock must be made prior to the expiration of the tender offer and may be withdrawn at any time prior to the expiration of the tender offer.
Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, and the United Kingdom.
Power3 Medical Products, Inc. (OTC:PWRM)
Alzheimer's is among one of the well known forms of dementia. Alzheimer's is a standard term for loss of memory along with other cerebral abilities major enough to obstruct an individuals daily routine. Alzheimer's is liable for 50% to 70% of dementia cases.
Power3 Medical Products, Inc., a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, recently announced PWRM management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer's and Parkinson's, to name a few.
Power3 Medical Products, Inc., a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States. The company was formerly known as Surgical Safety Products, Inc. and changed its name to Power3 Medical Products, Inc. in September 2003. Power3 Medical Products, Inc . was founded in 1992 and is based in The Woodlands, Texas.
To learn more about PWRM visit: http://www.Power3Medical.com
Orofino Gold Corp. is a China based gold producer with one producing gold mine in Colombia and an option on a strong portfolio of small producers and development/exploration assets in Colombia.
ORFG was founded as a private company in 2009 by former executives and management with over 50 years of combined mining exploration, finance and development experience.
ORFG's corporate objective is to continue to build shareholder value through the exploration and development of existing projects and additional accretive acquisitions, capitalizing on the extensive experience and relationships that management has developed over the past 25 years.
Orofino Gold is please to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of ORFG.
Mr. Pernett will be responsible for all affairs of Orofino Gold in Colombia. Mr. Pernett has 30 years of experience working in the Colombian Mining sector and will over the near term choose his new development team to assist in the development of Orofino Gold’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The new team will now aggressively pursue other known Gold occurrences in the companies Senderos de Oro Gold Camp while the development team works to improve production at La Azul Mine. The Board of Director’s have accepted resignation of John T. Martin, former Managing Director of Orofino Gold. His resignation is effective immediately. Orofino Gold wish him well and success in future endeavors.
Orofino Gold and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, Orofino Gold’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past.
To learn about ORFG visit: http://www.orofinogold.com
Village Super Market Inc. (Nasdaq:VLGEA) reported its results of operations for the first quarter ended October 30, 2010. Net income was $3,934,000 in the first quarter of fiscal 2011, a decrease of 13% from the first quarter of the prior year. Net income decreased primarily due to lower gross profit as a percentage of sales and flat same store sales. Sales were $307,397,000 in the first quarter of fiscal 2011, an increase of 1.5% compared to the first quarter of the prior year. Sales increased primarily due to the opening of the Washington, NJ replacement store on February 21, 2010. Same store sales were flat in the first quarter of fiscal 2011 compared to the prior year as improved sales in the Marmora store, which opened in May 2009 and is now included in same store sales, were offset by reduced sales in two stores due to competitive store openings. Inflation and deflation had minimal impact on sales in the first quarter of fiscal 2011.
Village Super Market, Inc., together with its subsidiaries, operates a chain of ShopRite supermarkets in the United States.
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