LSB Industries, Inc.(NYSE:LXU), through its subsidiaries, engages in the manufacture and sale of geothermal and water source heat pumps, air handling products, and chemical products. LSB Industries operates in two segments, Climate Control and Chemical. LSB Industries also sells its products to hotels, schools, hospitals, apartment and office buildings, and other commercial or residential structures.
LSB Industries, Inc. announced yesterday record results for the quarter ended March 31, 2011.
First Quarter 2011 Financial Highlights Compared to First Quarter 2010:
* Net sales were $177.5 million, a 36% increase from $130.4 million.
* Operating income was $34.0 million compared to $4.4 million.
* Net income was $20.9 million compared to $1.7 million.
* Net income applicable to common shareholders was $20.6 million compared to $1.4 million.
* Diluted earnings per common share were $.90 compared to $.07.
The 36% increase in net sales was the result of a $36.6 million or 49% increase in Chemical Business net sales and a $10.0 million or 19% increase in Climate Control Business net sales. Consolidated operating income was $34.0 million for the first quarter of 2011 compared to $4.4 million for the same period in 2010, an increase of $29.6 million.
Further, LXU sells industrial machinery and related components to machine tool dealers and end users. LSB Industries sells its products primarily in Canada, the Middle East, Mexico, Central and South America, Europe, Asia, and the Caribbean. LSB Industries, Inc. was founded in 1968 and is based in Oklahoma City, Oklahoma.
For more information about LXU, please visit: www.lsbindustries.com.
Concho Resources, Inc. (NYSE:CXO) reported financial and operating results for the three months ended March 31, 2011. Highlights for the three months ended March 31, 2011 include; Production of 5.2 million barrels of oil equivalents ("MMBoe") for the first quarter of 2011, a 63% increase over the first quarter of 2010 and a 5% increase over the fourth quarter of 2010. Net income of $42.6 million, or $0.42 per diluted share, for the first quarter of 2011, as compared to net income of $67.5 million, or $0.75 per diluted share in the first quarter of 2010. Adjusted net income (non-GAAP) of $81.3 million, or $0.79 per diluted share, for the first quarter of 2011, as compared to $52.9 million, or $0.59 per diluted share, for the first quarter of 20101. EBITDAX2 (non-GAAP) of $259.5 million for the first quarter of 2011, an increase of 69% over the first quarter of 2010
Concho Resources Inc. engages in the acquisition, development, and exploration of oil and natural gas properties. Its principal operating areas are located in the Permian Basin of Southeast New Mexico and West Texas.
Alliance Data Systems Corporation (NYSE:ADS) a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced that Ed Heffernan, president and chief executive officer, will present an overview of the Company with a discussion on its LoyaltyOne business at the 10th Annual JMP Securities Research Conference in San Francisco, Calif., on Tuesday, May 10, 2011. The presentation will take place at 11:30 AM Pacific time and will be broadcast live over the Internet at the following address: http://www.wsw.com/webcast/jmp13/ads/ or through the Company's website at www.AllianceData.com. A replay of the webcast will be available for 30 days following the presentation.
Alliance Data Systems Corporation, together with its subsidiaries, provides data-driven and transaction-based marketing and customer loyalty solutions primarily in the United States and Canada. Alliance Data Systems Corporation was founded in 1996 and is headquartered in Dallas, Texas.
Crown Equity Holdings Inc., (OTCPK:CRWE)
An advantage of online marketing could be the broad range it has to customers. The net is not just nationwide - it's worldwide. This means that your products or services can be seen by most people almost anywhere in the world. When compared with other forms of advertising, online marketing can reach much larger number of individuals. Television and radio ads just can't compare to a pop-up or banner ad online. Mailings get thrown away and aren't cost effective. Billboards just reach those who happen to be paying their attention at just the right time. Customers will just hang up on or just put off talking to a telemarketer. By the time it takes to make one phone call, you are able to send a large number of e-mails. Generally, it just makes sense to place your hard earned money into online promotions.
Crown Equity Holdings' clients depend on the company for service offerings that allow them to reach potential customers and investors with critical, time-sensitive information about products, services and overall corporate activities. Today's demand-driven business environment, now more than ever, requires responsiveness, speed, and reliability. Any network downtime can equate to significant financial losses or missed business opportunities. CoreLink is dedicated to delivering its high-level of relentless service to ensure that CRWE's clients never experience losses resulting from availability or uptime issues in the data center.
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. recently 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.
For more information, visit http://www.crownequityholdings.com.
Everest Re Group Ltd. (NYSE:RE) reported a net loss of $315.9 million, or $5.81 per common share, for the first quarter of 2011, compared to a net loss of $22.7 million, or $0.38 per common share, for the first quarter of 2010. The after-tax operating loss1, which excludes realized capital gains and losses, was $323.6 million, or $5.95 per common share, for the first quarter 2011, compared to an after-tax operating loss1 of $73.8 million, or $1.25 per common share, for the same period last year. Catastrophe losses, net of reinstatement premiums and taxes, were $530.9 million, or $9.77 per common share, in the first quarter of 2011 compared with $275.6 million, or $4.66 per common share, in the first quarter of 2010.
Everest Re Group, Ltd., together with its subsidiaries, underwrites reinsurance and insurance in the United States (the U.S.), Bermuda, and international markets. The company was founded in 1973 and is based in Liberty Corner, New Jersey.
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