Rambus Inc. (Nasdaq:RMBS) announced that it has completed an accelerated share repurchase pursuant to a Share Repurchase Agreement to repurchase $90 million of its common stock. Rambus Inc. repurchased 4.8 million shares at an average price of $18.88. The accelerated share repurchase is part of the Company's ongoing share repurchase program. "Share repurchases are a component of our ongoing commitment and focus on shareholders.
Rambus Inc. designs, develops, and licenses chip interface technologies and architectures that are used in digital electronics products. Its products include Dual Edge Clocking, which is designed to allow data to be sent on the clock pulse.
WisdomTree Middle East Dividend (Nasdaq:GULF) announced that WisdomTree Trust declared distributionsWisdomTree is an exchange-traded fund (“ETF”) sponsor and asset manager using its own fundamentally weighted index methodology. WisdomTree also licenses its indexes to third parties for proprietary products and offers a platform to promote the use of WisdomTree ETFs in 401(k) plans. Approximately $10.3 billion in assets currently are managed by WisdomTree or are managed against WisdomTree Indexes by third parties under license from WisdomTree.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Middle East Dividend index.
American Video Teleconferencing Corp. (OTCPK:AVOT)
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.
In the wake of China's decision America now must look for other sources, that will be more reliable for our future needs, and AVOT may just be the new source, here's why.
AVOT believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. AVOT is currently looking for these Rare Earths Minerals in Canada, the US's Northern neighbor.
American Video Teleconferencing Corp. recently announced that it has signed an option agreement to acquire two claim blocks in townships of Mekinac and Lajuene, Province of Quebec. These claim blocks are approximately 3600 acres in total and are located 120 miles east of Montreal P.Q. and 50 miles north of Three Rivers P.Q. They are accessible year round with infrastructure in the immediate vicinity. The claims adjoin a property that had one of the highest readings of Rare Earths in North America. Sampling in the 1950s gave readings of 48% combined Cerium, Lanthanum, Neoymium and Yttrium. That property has remained dormant for over 50 years but the new owners plan an extensive exploration program this fall. AVOT, after a lengthy search and after careful due diligence, believes this is going to be one of the most active areas for Rare Earths exploration and our holdings are in the same geological setting as the 48% Rare Earths showing. Rare Earths are in huge demand especially in the United States as China is closing off its exports of these strategic metals to less than 5% of its production. AVOT will aggressively continue to search world wide for opportunities in Precious, Base and Rare Earths metal projects.
Crown Equity Holdings Inc. (OTCPK:CRWE)
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
Crown Tele Services Inc. (http://www.crownteleservices.com) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions next year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
CRWE announced in June of 2010 its 1- 10 forward stock split, as well as in August of 2010 announcing that CRWE had surpassed One Million dollars (1,000,000) in sales.
CRWE is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused CRWE’s primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.
To learn more about CRWE visit: http://www.crownequityholdings.com
Electro Rent Corp. (Nasdaq:ELRC) reported a 46% increase in revenues and a 77% increase in net income for its second fiscal quarter ended November 30, 2010. Total revenues for the second quarter of fiscal 2011 grew to $53.3 million from $36.6 million for the same period last year. Rental and lease revenues rose 27% to $29.7 million from $23.3 million for the fiscal 2010 second quarter, reflecting increased rental demand and higher rental prices in North America and Europe, as well as added revenues from the acquisition of Telogy, LLC. Lease revenues were essentially unchanged from the prior-year second quarter. Sales of equipment and other revenues increased 78% to $23.6 million for the fiscal 2011 second quarter from $13.2 million last year.
Electro Rent Corporation engages in the rental, lease, and sale electronic equipment. Its equipment portfolio consists of general purpose test and measurement instruments, and personal computers and workstations.
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