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SPW, KMX, DDS, PPWE, AVOT - Stock Updates! from CRWEfinance.com

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http://pennyomega.com/img/ppwe.png  Proper Power & Energy, Inc. (OTC:PPWE)

Oil Shocks

The Arab-Israeli conflict of 1973, some Arab producers led by Saudi Arabia set up an oil embargo against the United States to protest against their support of Israel. While the embargo was short-lived, it drove up prices and showed how potent a weapon oil could be.

But for producers, the weapon turned out to be a doubled-edged one. Consuming countries began to establish energy policies that aimed at reducing their dependency on oil, encouraged conservation, and boosted the development of other sources of energy, including nuclear power.

The second oil shock of the late 1970s and early 1980s, which followed the Iranian Revolution, precipitated that movement. It also spurred a new wave of exploration in the North Sea and Alaska, where massive new reserves were discovered.

By the mid-1980s, however, with oil prices falling, energy policy in the United States took a backseat for the next two decades.

Proper Power & Energy, Inc. has recently restructured its executive management team and entered into a strategic alliance.

Andrew J. Kacic will replace Joseph Abdo as President of PPWE. Mr. Kacic brings more than 32 years of progressive experience as a chief executive in oil and gas, investment banking, insurance services and public securities. Mr. Kacic was the founder and president of American Resources of Delaware, Inc. and its subsidiary Southern Gas Company, successfully taking assets from $220,000 to more than $40 million in less than 4 years. Mr. Abdo will remain the Chief Executive Officer and Chairman of the Board.

"The Company is now postured to accelerate the development of both Utah and Kentucky in the first Quarter 2011," Mr. Abdo stated.

Proper Power & Energy, Inc. was formed in 2006 as an exploration and production company for oil and gas.  The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.

To learn more about PPWE visit:  http://properpower.com

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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 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 company's Flow Technology segment provides products and solutions that are used to blend, meter, and transport fluids.

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 American Video Teleconferencing Corp. (OTCPK:AVOT)

Québec is one of the top 10 mineral producers in the world. Specifically, it is:

  • The second largest producer of gold and iron in Canada
  • The second largest producer of metallic substances in Canada
  • The second largest producer of industrial minerals and construction materials in Canada
  • The world's second largest producer of niobium

American Video Teleconferencing Corp. recently reported that Wayne Lockhart, BSc. Geology, has joined AVOT as special geological advisor to the company for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. AVOT is looking forward to this new relationship with Mr. Lockhart as he will be able to provide the guidance, expertise and leadership that will be needed moving forward, as he has had many years experience working in the province of Quebec.

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CarMax Inc. (NYSE:KMX) the nation’s largest retailer of used cars, has been named for the fourth straight year to Training magazine’s Training Top 125. CarMax came in at No. 32 this year. Training magazine, the leading business publication for learning and development professionals, annually selects 125 organizations that excel at associate development. These companies are chosen based on criteria such as best training practices, evaluation methods and outstanding training initiatives.

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. It also sells new vehicles under various franchise agreements. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

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Dillard's Inc. (NYSE:DDS) announced that merchandise sales (“sales”) for the four weeks ended January 29, 2011 were $375,960,000 compared to sales for the four weeks ended January 30, 2010 of $353,854,000. Total sales increased 6%. Sales in comparable stores increased 6% for the four weeks ended January 29, 2011. Sales for the 13 weeks ended January 29, 2011 were $1,913,959,000 compared to sales for the 13 weeks ended January 30, 2010 of $1,797,707,000. Total sales increased 6%. Sales in comparable stores increased 7% for the 13-week period. Sales for the 52 weeks ended January 29, 2011 were $6,019,658,000 compared to sales for the 52 weeks ended January 30, 2010 of $5,893,110,000. Total sales increased 2%. Sales in comparable stores increased 3% for the 52-week period.

Dillard's, Inc., together with its subsidiaries, operates as an apparel and home furnishing retailer in the United States. The company was founded in 1938 and is based in Little Rock, Arkansas.

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