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(BX, WEBM, BGS, CRWE, PTSH) Market News From DrStockPick.com!

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PTS, Inc. (OTC.BB:PTSH) announced that through its ThinLine division it has signed a 3 year IT Services deal with United Power.

United Power is acknowledged experts on the resale of products especially suited for medium voltage power distribution, in addition to providing a wide portfolio of products for other aspect of the electrical utility business. United Power has been serving electrical utility Customers within Georgia continuously since 1976. They have developed a reputation for customer sensitivity, fair dealing and exceptional quality during this time.

United Power required an IT solution that would allow them to contact one source for all of their IT needs.

"United Power is a well-established and quality company that has been a leader in their field for decades" stated Raj Kalra CEO of PTS. "They were looking for a one stop shop that would be able to handle their IT, disaster recovery and hardware needs without making more than one phone call. ThinLine's managed IT solution was designed for this task. We look forward to working with the team at United Power and I am always excited to add a quality client to our growing portfolio of managed It customers," added Raj Kalra.

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Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. The Company incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by the Company.

"Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business," commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. "Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth," stated Bosket.

Crown Equity Holdings Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its 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. The company announced in June of this year its 1- 10 forward stock split.

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B&G Foods Inc. (NYSE:BGS) announced on November 19, 2010 that it has acquired the Violet Packing fresh packed tomato products business, including the Sclafani, Don Pepino and Violet brands. David L. Wenner, President and Chief Executive Officer of B&G Foods, stated “We are very pleased to add Sclafani, Don Pepino and Violet to our strong portfolio of brands. We project that the Violet Packing business will generate net sales of $13 to 15 million, EBITDA of $2 to $3 million, and incremental earnings per share of $0.02 during fiscal 2011, and that the acquisition will be immediately accretive to our free cash flow.

B&G Foods, Inc., together with its subsidiaries, engages in the manufacture, distribution, and sale of shelf-stable foods in the United States, Canada, and Puerto Rico.

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WebMediaBrands Inc (Nasdaq:WEBM) announced on November 17, 2010 that it has acquired the website TVSpy.com from Vault, Inc. TVSpy will become part of the Mediabistro blog network. Terms of the acquisition were not disclosed. “TVSpy and its predecessor ShopTalk have been the go-to source for coverage of local television news and job moves for more than two decades,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. “TVSpy fits perfectly into our Mediabistro blog network, which includes TVNewser, the must-read site for coverage of network news. The combination of TVSpy and TVNewser should further ensure our leadership in coverage of local and national broadcast and cable news on air and online. TVSpy has been an important part of the broadcast news business for a very long time. We are thrilled that with the WebMediaBrands acquisition TVSpy will be integrated into media blog powerhouse Mediabistro.

WebMediaBrands Inc., an Internet media company, provides content, education, trade shows, and online job board services for media and business professionals primarily in the United States.

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The Blackstone Group (NYSE:BX) announced on November 23, 2010 that it had closed on an agreement to manage Bank of America Merrill Lynch’s Asian real estate assets and to act as the new general partner for the Merrill Lynch Asian Real Estate Opportunity Fund. Since acquiring Merrill Lynch, Bank of America has made the decision that the Merrill Lynch real estate assets in Asia are not core to its strategy for the region. Terms of the transaction were not disclosed. Commenting on the transaction, Jonathan Gray and Chad Pike, co-heads of Blackstone’s real estate group, said: “This transaction represents a very significant opportunity for Blackstone. We are already the largest opportunistic real estate investor in the U.S. and Europe. This gives us a substantially larger platform to continue to bring success to our limited partners in a region where we see major growth going forward.”

The Blackstone Group, L.P., together with its subsidiaries, provides alternative asset management and financial advisory services worldwide. The company operates in four segments: Private Equity, Real Estate, Credit and Marketable Alternatives, and Financial Advisory.

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