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National Health Partners, Inc. (National Health) (OTCBB:NHPR.ob), a leading provider of unique discount healthcare membership programs, is pleased to announce recently that the Company has achieved positive earnings for the quarter ended September 30, 2010 compared to a loss of $522,542 for the same period last year. Revenues for the 3rd quarter grew 12.3% over the same period last year. The Company attributes the net earnings to the significant cost-cutting initiatives taken over the past couple of quarters and which is continuing in the 4th quarter.
“I am thrilled to announce that we have finally achieved profitability,” stated David M. Daniels, President and Chief Executive Officer of National Health Partners. “Due to the fact that our limited medical provider unexpectedly decided to exit the marketplace, we were unable to add any new CARExpress Plus limited medical sales during the 3rd quarter. Yet, despite this temporary setback, we were still able to substantially increase our revenue and reach profitability which is a testament to the underlying strength we have with our core CARExpress health discount programs. Although we achieved positive results in revenues and earnings, we anticipate much better results going forward into 2011.”
Mr. Daniels further states “We are seeing continuous growth during the current 4th quarter which should provide strong momentum for the 1st quarter of 2011. Our future has never looked brighter and I am quite confident that we will be able to see accelerating growth in both revenues and earnings. With our continued focus on keeping our operating costs down while at the same time building our revenues at an accelerating rate, we are in a very good position to see very strong earnings growth going forward. I will be providing more information on new business ventures in the very near term that will change the entire complexion of the company and I look forward to continuing to build on the success that we have already started achieving in the 3rd quarter.”
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Orofino Gold Corp. (PINK:ORFG) has several Gold development properties in Colombia, a current hot spot of gold production in the world markets.
The company is please to announce 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 Orofino Gold Corp. (see full resume on the company website at www.orofinogold.com)
Mr. Pernett will be responsible for all affairs of the Company 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 the company’s Senderos de Oro gold camp in the Sur de Bolivar Colombia.
The company and Mr. Pernett will continue to work with Contexto Legal of Medellin and Bogota, the company’s legal counsel as well as Discovery Consultants, (The Qualified 43-101 team) Canada, as they have in the past. 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 the Company. His resignation is effective immediately. The Company wish him well and success in future endeavors.
SPX Corporation (NYSE:SPW) announced that it will release its fourth quarter and full year 2010 financial results on Thursday, February 17, 2011.Chris Kearney, Chairman, President and CEO, and Patrick O'Leary, Executive Vice President and CFO, will hold a conference call at 8:30 a.m. Eastern Time. Those interested in participating in the conference call should dial in five minutes prior to the start of the call. The call will be simultaneously webcast on the company's website at www.spx.com and the slide presentation will be available in the Investor Relations section of the site.
SPX Corporation provides flow technology products, test and measurement products, thermal equipment and services, and industrial products and services worldwide. The companies Flow Technology segment provides products and solutions that are used to blend, meter, and transport fluids.
Tenneco Inc. (NYSE:TEN) reported a fourth quarter net loss of $18 million, or 31-cents per diluted share. The net loss was primarily due to re-financing costs and tax charges in the quarter. Adjusted for the items below, net income increased to $19 million, or 31-cents per diluted share, on a higher share count. Fourth quarter 2009 net income was $17 million, or 32-cents per diluted share, and adjusted net income was $7 million, or 13-cents per diluted share. The tables in the press release reconcile GAAP results to non-GAAP results.
Tenneco Inc., together with its subsidiaries, designs, manufactures, and sells automotive emission control and ride control systems and products worldwide. The company’s emission control systems include catalytic converters and diesel oxidation catalysts to reduce harmful gaseous emissions; diesel particulate filters to eliminate particulate matter emitted from diesel engines; burner systems, which combust fuel and air inside the exhaust system.
Abercrombie & Fitch Co. (NYSE:ANF) reported net sales of $234.1 million for the four-week period ended January 29, 2011, a 6% increase from net sales of $221.5 million for the four-week period ended January 30, 2010. January comparable store sales decreased 4%. For the fiscal month, total Company direct-to-consumer net merchandise sales increased 23% to $33.9 million. For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 42% to $50.3 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.
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