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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 OTC: ORFG.PK) has announced retaining FAC Media Group; the Scottsdale, Arizona based consulting firm, to establish brand and corporate awareness for ORFG.
FAC Media Group represents decades of experience in public relations, market awareness, and brand management. Within the first quarter of 2011, FAC will initiate a broad campaign to increase global knowledge of Orofino and its exciting developments; most specifically, the Senderos de Oro Project in Northern Columbia.
About Culo Alzado:
Regional geochemistry (stream sediments & soils) has outlined three potential areas for more detailed exploration.
All areas have similar NE–trending structural control, historic workings.
Most advanced target – 1500 meters long with many historic tunnels and rock sample results up to 253.1 g/t gold; pending soil grind results, drilling planned in 2011.
More about ORFG at:www.orofinogold.com
Buckeye Technologies Inc. (NYSE:BKI) announced that John B. Crowe, Chairman and Chief Executive Officer, will participate in the Credit Suisse Global Paper & Packaging Conference in New York City on Wednesday, February 23, 2011, at 4:30 p.m. (NYSE:ET). A live audio webcast of Mr. Crowe's remarks and a copy of presentation materials will be accessible at www.bkitech.com. To access the webcast, follow the link to the Credit Suisse Global Paper & Packaging Conference. A replay of the audio webcast will be available within 24 hours after the presentation.
Buckeye Technologies Inc. manufactures and distributes cellulose-based specialty products made from wood and cotton worldwide. The company’s products include chemical cellulose, customized fibers, fluff pulp, and nonwoven materials.
Ampco-Pittsburgh Corp. (NYSE:AP) announced sales for the fourth quarter of 2010 of $82,165,000 compared with sales of $66,482,000 for the same quarter of 2009. Loss from operations for the three months ended December 31, 2010 equaled $(12,399,000) and includes a pre-tax charge of $19,980,000 for additional net asbestos litigation costs through 2020 associated with products manufactured decades ago by the Air and Liquid Processing group. Income from operations for the three months ended December 31, 2009 approximated $7,721,000 and includes a pre-tax charge of $2,694,000 for the write-off of goodwill of one of the divisions of the Air and Liquid Processing segment. Net loss equaled $(9,653,000) or $(0.94) per common share for the three months ended December 31, 2010 and includes an after-tax charge of $12,931,000 or $1.26 per common share for additional net asbestos litigation costs through 2020.
Ampco-Pittsburgh Corporation and its subsidiaries manufacture and sell custom-engineered equipment in the United States and internationally. It operates in two segments, Forged and Cast Rolls, and Air and Liquid Processing.
Spirit AeroSystems Holdings Inc (NYSE:SPR) reported fourth quarter and full-year 2010 financial results reflecting solid core operating performance across the company as demand for large commercial aircraft remains strong. Spirit's fourth quarter 2010 revenues were $1.071 billion, stable from $1.078 billion for the same period of 2009, as fewer large commercial aircraft deliveries were offset with non-production revenues. Operating income was $96 million, compared to $85 million for the same period in 2009. Net income for the quarter was $62 million, or $0.44 per fully diluted share, compared to $50 million, or $0.36 per fully diluted share, in the same period of 2009.
Spirit AeroSystems Holdings, Inc., through its subsidiaries, designs, engineers, and manufactures commercial aircraft structures worldwide. It operates in three segments: Fuselage Systems, Propulsion Systems, and Wing Systems.
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