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SYMC, GRHU - Symantec Releases Fiscal Quarter Results - Hot Investor News Update - Alert!

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Wednesday October 27th, 2010

Greetings Subscribers!

Today - we have reported a wide range of activity for CRWE.OB.

Crown Equity Holdings Inc. (OTCBB:CRWE) - Last Trade was $0.05 (+0.008 or +19.05% UP)

Vol: Over 229,660 shares traded.

Keep a watch on these hot stocks, and happy trading!


After Hours: $16.70 ,   Up $0.90 (5.70%)

Symantec Reports Second Quarter Fiscal 2011 Results - Oct. 27th

Symantec Corp. (NASDAQ:SYMC) this afternoon reported the results of its second quarter of fiscal year 2011, ended Oct. 1, 2010. GAAP revenue for the fiscal second quarter was $1.480 billion, up 2 percent year-over-year after adjusting for currency.

  • GAAP Revenue of $1.480 billion
  • Non-GAAP Operating Margin of 25.1 percent
  • Non-GAAP Earnings Per Share of $0.34
  • GAAP Deferred Revenue of $3.104 billion
  • Cash Flow from Operations of $310 million

For the September quarter, Symantec's Consumer segment represented 32 percent of total revenue.

During the quarter, Symantec made a one-time reduction to Consumer segment revenue of approximately $10 million resulting from certain consumers not receiving their subscription entitlements on a timely basis. Excluding this adjustment, Symantec's Consumer segment revenue increased 3 percent year-over-year (increased 5 percent after adjusting for currency).

Symantec completed the acquisition of VeriSign's security business in early August. The VeriSign security acquisition performed better than expected, generating revenue of $18 million. The June quarter PGP and GuardianEdge acquisitions continue to perform well, generating revenue of $15 million. The combined earnings per share dilution of these acquisitions was 3 cents, which was one penny less dilutive than our expectations of $0.04. Sales and technology integration is progressing well, with the sales teams working on cross-selling opportunities, and acquired technologies being leveraged across the Symantec product portfolio.

Symantec is a global leader in providing security, storage and systems management solutions to help consumers and organizations secure and manage their information-driven world. Our software and services protect against more risks at more points, more completely and efficiently, enabling confidence wherever information is used or stored. More information is available at



GreenHouse Holdings, Inc. (OTCQB:GRHU) ("GreenHouse") a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, announced that PepsiCo(NYSE:R) will partner with GreenHouse to utilize Southern California Edison’s (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant. GreenHouse is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.

“Auto-DR is a perfect complement to Greenhouse’s vision to help our clients reduce energy consumption by deploying state-of-the-art technology,” says Rob Davis, Vice President of GreenHouse Holdings, Inc. “We are truly honored to be selected to partner with Pepsi and we are looking forward to the Auto-DR projects as the first of many opportunities to be included in Pepsi’s corporate sustainability initiatives. This project goes to the heart of Greenhouse’s mission to deliver green solutions that reduce energy consumption with a positive return on investment.”

PepsiCo is a recognized leader in the beverage industry for their efforts in sustainability and energy efficiency by consistently operating their plants in the most energy-conscious manner possible.

“It’s clear to Pepsi that both Southern California Edison and GreenHouse are working in the best interests of Pepsi and other ratepayers with their Auto-DR program,” said Pablo Cussatti, Vice President of Manufacturing at Pepsi Beverages Company West. “We are pleased to be doing our part for the environment and promote the responsible management of critical resources like the electric grid.”

GreenHouse Holdings Home Page



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