(AVOT, HPP, MYE, EFT) Stock Report by Stock-PR.com

Apr. 28, 2011 8:12 AM ET

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<img class="attachment-medium" style="WIDTH: 250px; HEIGHT: 79px" height="79" alt="" hspace="0" src="crwefinance.com/img/avot_logo_250x79.jpg" width="250" align="bottom" border="0" mce_src="crwefinance.com/img/avot_logo_250x79.jpg" /> American Video Teleconferencing Corp. (OTC:AVOT) 
 
American Video Teleconferencing Corp. announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines. 
 
Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
Rare earth elements are key components of green energy technologies and other high technology applications. Some of the major applications include hybrid automobiles, plug -in electric automobiles, advanced wind turbines, computer hard drives, compact fluorescent light bulbs, metal alloys, additives in ceramics and glass, ,petroleum cracking catalysts, and a number of critical military applications. Some of these applications depend on permanent rare earth magnets that have unique properties, such as the ability to withstand demagnetization at very high temperatures.
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. According to the Company, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies. 
 
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Hudson Pacific Properties, Inc. (NYSE:HPP) announced it has commenced an underwritten public offering of 6,750,000 shares of common stock pursuant to a registration statement filed with the Securities and Exchange Commission. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,012,500 shares at the public offering price, less the underwriting discounts and commissions. 
 
Hudson Pacific Properties, Inc. operates as an integrated real estate company. It focuses on the ownership, operation, and acquisition of office properties primarily in Northern and Southern California, including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley, and the East Bay. The company is headquartered in Los Angeles, California. 
 
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Myers Industries Inc. (NYSE:MYE) announced results for the first quarter ended March 31, 2011. Net sales for the first quarter were $193.4 million compared to $186.4 million in the first quarter of 2010, an increase of 4%. Gross profit increased to 26.9% in the first quarter compared to 24.1% in the first quarter of 2010, as price increases helped mitigate raw material cost inflation and favorable mix and increased volumes led to improved margins. 
 
Myers Industries, Inc. manufactures and distributes polymer products for the industrial, agricultural, automotive, commercial, and consumer markets primarily in the North America, central America, and South America. 
 
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Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced the earnings of the Trust for the three months and the nine months ended February 28, 2011. The Trust's fiscal year ends on May 31, 2011. For the three months ended February 28, 2011, the Trust had net investment income of $9,331,926 ($0.250 per common share). From this amount, the Trust paid dividends on preferred shares of $301,350 (equal to $0.008 for each common share), resulting in net investment income after the preferred dividends of $9,030,576 or $0.242 per common share. For the nine months ended February 28, 2011, the Trust had net investment income of $27,756,224 ($0.742 per common share). From this amount, the Trust paid dividends on preferred shares of $925,467 (equal to $0.025 for each common share), resulting in net investment income after the preferred dividends of $26,830,757 or $0.717 per common share. In comparison, for the three months ended February 28, 2010, the Trust had net investment income of $9,142,270 ($0.244 per common share). From this amount, the Trust paid dividends on preferred shares of $293,953 (equal to $0.008 for each common share), resulting in net investment income after the preferred dividends of $8,848,317 or $0.236 per common share. For the nine months ended February 28, 2010, the Trust had net investment income of $27,821,678 ($0.744 per common share). From this amount, the Trust paid dividends on preferred shares of $1,332,905 (equal to $0.036 for each common share), resulting in net investment income after the preferred dividends of $26,488,773 or $0.708 per common share. 
 
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. 
 
 
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