BMB Munai, Inc. (NYSE Amex: KAZ) recently announced that it has reached an agreement in principle with the holders of its U.S. $60,000,000 aggregate principal amount of 5.0% Convertible Senior Notes due 2012 (the “Notes”) on general terms for the proposed restructuring of the Notes. In connection with the proposed restructure, the Company and the holders of the Notes (the “Noteholders”) have executed a Supplemental Indenture No. 2 extending the terms of the redemption rights available to the Noteholders.
BMB Munai, Inc., an independent oil and gas company, engages in the exploration, development, and production of crude oil and natural gas.
Opening More Offices in Pakistan for Max Expansion
Crown Equity Holdings Inc. (the "Company") (OTC:CRWE) knows that bigger is better!
Thats why the company is expanding its CRWENewswire team by opening a second business office in Pakistan.
With its mission to increase its offerings of up-to-date news and world affairs from the Mideast, Far East and Europe, the company will add an additional workforce of 25 associates to the CRWE Newswire team.
The new venue will be located in the city of Attock and will be managed by Zeeshan Shabbir, who also runs the office in Islamabad, Pakistan. CRWE's proprietary network technology allows its publishing department to get its content to millions of readers daily across
"As always, I am thrilled to increase our team of correspondents to offer our readerships a global perspective on top stories." said Kenneth Bosket, President & CEO of Crown Equity Holdings Inc.
C&F Financial Corporation (Nasdaq:CFFI), the one-bank holding company for C&F Bank, recently reported net income of $2.59 million for the third quarter of 2010, compared with $1.66 million for the third quarter of 2009. Net income available to common shareholders for the third quarter of 2010 was $2.30 million, or 74 cents per common share assuming dilution, compared with $1.37 million, or 45 cents per common share assuming dilution, for the third quarter of 2009. The corporation’s net income was $5.73 million for the first nine months of 2010, compared with $4.92 million for the first nine months of 2009. Net income available to common shareholders for the first nine months of 2010 was $4.87 million, or $1.57 per common share assuming dilution, compared with $4.08 million, or $1.34 per common share assuming dilution, for the first nine months of 2009.
About C&F Financial Corporation. C&F Financial Corporation’s common stock is listed for trading on The Nasdaq Stock Market under the symbol CFFI. The common stock closed at a price of $18.26 per share on October 28, 2010. At September 30, 2010, the book value of the corporation was $23.97 per common share. The corporation’s market makers include Davenport & Company LLC, FTN Financial Securities Corporation, McKinnon & Company, Inc. and Scott & Stringfellow, Inc.
Financial Results for the Third Quarter ending 9/30/2010:
Revenue was $34.5 million in the third quarter of fiscal 2010. This was down 13.4% sequentially and 5.8% versus the year-ago period. Gross margin was 61.8% in the third quarter. This was approximately flat with 61.7% in the prior quarter and up from 60.6% in the year-ago period.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DoubleInStocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. The views expressed in any article, reports, writings are not necessarily the views of Crown Equity Holdings Inc. its officers, directors, staff, contractors or employees. They do not represent the views or opinions of this site. Views expressed in articles are those of the author alone. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. (Read more at: http://doubleinstocks.com/disclaimer) Release of Liability: Through use of this website viewing or using, you agree to hold DoubleInStocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period.