Crown Equity Holdings, Inc. (OTCPK:CRWE)
CRWE is pleased to report its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled $678,988, compared to $84,357 during the same period in 2009. CRWE incurred an operating loss of $26,739 for the six months ending June 30, 2010, compared to an operating loss of $245,796 during the same period in 2009. CRWE incurred a net loss of $201,658 for the six months ending June 30, 2010, compared to a net loss of $255,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of $169,195 on securities held by CRWE.
"We are pleased with the continued progress during the last six months compared to the same period in the previous year," commented Kenneth Bosket, President and CEO of CRWE. "Not only do our financial results show strong growth during this year, but we continue to build our internal structure to support future growth," stated Bosket.
CRWE has increased its workforce to an amount of 35, compared to this time last year's head count of 6, which is a 580% personnel increase. This is in addition to the 10 contractors we recently hired in Pakistan.
CRWE has also expanded its Internet footprint internationally to include the following 20 countries; Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.
CRWE assists and consults with domestic and foreign companies interested in becoming publicly traded in the United States. CRWE, through its subsidiary, Crown Trading Systems, Inc., designs and manufactures multi-monitor computer systems for financial traders and audio/video professionals. CRWE also engages in the sale of various electronic products under the CTS Products trade name; and resale and distribution of computer components through its Web site, crowntradingsystems.com. CRWE was formerly known as Visioneering Corporation and changed its name to Crown Equity Holdings Inc. in 2006. CRWE was founded in 1995 and is based in Las Vegas, Nevada. CRWE is a subsidiary of Crown Marketing Corporation.
To learn more about CRWE visit: http://www.crownequityholdings.com
Agree Realty Corporation (NYSE:ADC)
ADC yesterday announced that its Board of Directors has declared its third quarter 2010 dividend for ADC's common stock.
- Third quarter 2010 cash dividend of $0.51 per share.
- The declared third quarter 2010 dividend when annualized equals $2.04 per share.
- The third quarter 2010 common share dividend is payable October 13, 2010 to shareholders of record at the close of business on September 30, 2010.
ADC is engaged in the ownership, management and development of properties, which are primarily single tenant properties leased to major retail tenants and neighborhood community shopping centers. ADC owns and operates a portfolio of 75 properties, located in 15 states and containing approximately 3.5 million square feet of gross leasable space.
ADC, a real estate investment trust (REIT), engages in the ownership, development, acquisition, and management of retail properties, which are primarily leased to national and regional retail companies in the United States. As of December 31, 2009, ADC's portfolio consisted of 73 properties, including 61 freestanding net leased properties and 12 community shopping centers located in 16 states containing approximately 3.5 million square feet of gross leasable area. ADC has elected to be treated as a REIT under the Internal Revenue Code. As a REIT, ADC is not subject to federal income tax to the extent that ADC distributes at least 90% of its taxable income to its stockholders. ADC was founded in 1971 and is headquartered in Farmington Hills, Michigan.
To learn more about ADC visit: http://www.agreerealty.com
Alamo Group Inc. (NYSE:ALG)
ALG announced that its President and Chief Executive Officer, Ron Robinson, will be presenting at the CL King’s 8th Annual Best Ideas Conference 2010 in New York, NY on Thursday, September 16, 2010 at 1:45 p.m. Eastern Time.
A copy of the presentation is posted in the “Investor Relations” section on ALG’s web site at www.alamo-group.com.
ALG is a leader in the design, manufacture, distribution and service of high quality equipment for right-of-way maintenance and agriculture. ALG's include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, pothole patchers, excavators, vacuum trucks, agricultural implements and related after market parts and services. ALG, founded in 1969, had approximately 2,300 employees and operates eighteen plants in North America and Europe as of June 30, 2010. The corporate offices of ALG are located in Seguin, Texas and the headquarters for ALG’s European operations are located in Salford Priors, England.
ALG provides equipment and related replacement parts for maintenance and agriculture. ALG offers industrial equipment, such as boom-mounted mowers and other types of cutters for heavy-duty, intensive use applications, including maintenance around highway, airport, recreational, and other public areas; heavy-duty, tractor-and truck-mounted mowing and vegetation maintenance equipment; air, mechanical broom, and regenerative air sweepers along with environmental sweepers, and pothole patchers; and products for excavation, grading, shaping, and other tasks involved in land clearing, road building, or maintenance. ALG produces catch basin cleaners and roadway debris vacuum systems; parking lot sweepers; and snow plows and heavy-duty snow removal equipment, hitches and attachments for trucks, loaders, and graders. It offers a line of tractor-powered equipment, such as rotary cutters, finishing mowers, flail mowers, disc mowers, ZTR ride-on mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, and scraper blades; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; heavy-duty mechanical rotary mowers, snow blowers, and rock removal equipment; a line of hydraulic, boom-mounted hedge, and grass cutters, as well as other tractor attachments and implements; and hydraulic, boom-mounted hedge and hedgerow cutters, and agricultural seedbed preparation cultivators. ALG also provides light-duty power arm mowers and agricultural implements; vacuum trucks, high pressure cleaning systems, and trenchers; and hydraulic and mechanical boom mowers. ALG sells its products through a network of independent dealers and distributors, governmental end-users, and related independent contractors, as well as to the agricultural and commercial turf markets in the United States, England, France, Canada, and Australia. ALG was founded in 1955 and is based in Seguin, Texas.
To learn more about ALG visit: http://www.alamo-group.com
Albany International Corp. (NYSE:AIN)
The Board of Directors of AIN recently declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on October 7, 2010, to shareholders of record on September 13, 2010.
AIN, through its subsidiaries, manufactures and sells paper machine clothing and industrial doors worldwide. AIN operates through five segments: Paper Machine Clothing, Albany Door Systems, Engineered Fabrics, Engineered Composites, and PrimaLoft Products. The Paper Machine Clothing segment designs, manufactures, and markets paper machine clothing and process belts used in the manufacture of paper and paperboard. This segment also offers forming, pressing, and dryer fabrics. The Albany Door Systems segment designs, manufactures, sells, and services industrial doors for a range of interior, exterior, and machine protection industrial applications. The Engineered Fabrics segment offers nonwovens, which include fabrics and belts used in the manufacture of diapers, personal care, and household wipes to the paper industry and the building products market. The Engineered Composites segment provides specialty materials and composite structures for aircraft and other applications. The PrimaLoft Products segment sells insulation for outdoor clothing, gloves, footwear, sleeping bags, and home furnishings. AIN was founded in 1895 and is based in Albany, New York.
To learn more about AIN visit: http://www.albint.com
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