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(DXP, CRWE, SPH, SCR, TCAP) Stock Report from Stock-PR

May 05, 2011 10:47 AM ET
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Founded as Southern Engine and Pump Company in 1908, DXP was re-chartered in 1979 as Sepco Industries and renamed DXP Enterprises, Inc. in 1986. Over the years, we have strengthened our ability to support our customers by acquiring a diverse group of companies with a powerful corporate focus on product expertise, technical services and MROP supply chain management.

Today, DXP is a publicly traded professional distribution management company that provides products and services to a variety of industries through its Innovative Pumping Solutions (IPS), Supply Chain Services and MROP Products and Services.

DXP continues to stay on the leading edge of technology, training and products while attracting and retaining the best employees. Our corporate strategy is simply to be the best solution for the industrial customer.

DXP Enterprises Announces 2011 First Quarter Results!


DXP Enterprises, Inc. (NASDAQ:DXPE) announced net income of $6.3 million for the first quarter ended March 31, 2011, with diluted earnings per share of $0.42 compared to net income of $3.6 million and diluted earnings per share of $0.26 for the first quarter of 2010 for an increase of 76.6% in net income. Sales for the first quarter of 2011 increased 24.6%, to $183.1 million, from $147.0 million for the first quarter of 2010.

David R. Little, Chairman and Chief Executive Officer remarked, "We are pleased to report a strong first quarter and start of our new year. All three business segments are performing well and we are optimistic that we will continue to show progress over the balance of the year. All of the markets we serve continue to show improvement, especially oil and gas. We continue to invest in our operations while driving sales growth, improving operating margins, creating SuperCenters and being customer driven experts in MROP solutions."

Mac McConnell, Senior Vice President and Chief Financial Officer added, "We continue to drive efficiencies and manage working capital. Our latest two acquisitions are accretive and have been excellent additions to our DXP family. I am pleased we reduced total long-term debt by $4.7 million and generated free cash flow of $7.2 million during the first quarter of 2011. As of March 31, 2011, $62.8 million was available to be borrowed under our credit facility."

For more information, go to www.dxpe.com.



Crown Equity Holdings Inc. (OTCPK:CRWE)

Internet advertising ensures that your business is marketed globally and is not confined to any specific region. Local reach of the business means lesser exposure, while global reach means global exposure. Internet advertising gives a golden opportunity to showcase his/her products and services to the world. Internet advertising provides you flexibility. Since most of the transactions are done online, you get to work at your own pace and at your own chosen time.

CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Crown Equity Holdings Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

Please Visit Crown Equity Holdings Inc. website


Suburban Propane Partners LP (NYSE:SPH) a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, announced that it has scheduled its Fiscal 2011 Second Quarter Results Conference Call for Thursday, May 5, 2011 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2011 second quarter results and business outlook by accessing the call via the internet at

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels, and the marketing of natural gas and electricity in the United States.


Simcere Pharmaceutical Group. (NYSE:SCR) a leading pharmaceutical company specializing in the development, manufacturing, and marketing of branded generic and proprietary pharmaceuticals in China, announced that it will report its unaudited financial results for the first quarter ended March 31, 2011 on Tuesday, May 10, 2011, before the market opens in the United States. Simcere's management will host an earnings conference call on the same day at 8 a.m. ET (Tuesday, May 10 at 8 p.m. Beijing/Hong Kong time).

Simcere Pharmaceutical Group develops, manufactures, and markets branded generic pharmaceuticals in the People’s Republic of China. Simcere Pharmaceutical was founded in 1995 and is headquartered in Nanjing, the People’s Republic of China.


Triangle Capital Corporation (NYSE:TCAP) a leading specialty finance company that provides customized financing solutions to lower middle market companies located throughout the United States, announced it has scheduled a conference call to discuss first quarter 2011 operating and financial results for Thursday, May 5, 2011, at 9:00 a.m. ET. To listen to the call, please dial 877-312-5521 or 253-237-1143 approximately 10 minutes prior to the start of the call. A taped replay will be made available approximately two hours after the conclusion of the call and will remain available until August 5, 2011. To access the replay, please dial 800-642-1687 or 706-645-9291 and enter the passcode 61858980.

Triangle Capital Corporation is a private equity and venture capital firm specializing in buyouts, change of control transactions, acquisitions, growth financing, and recapitalizations in lower middle market companies.




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