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Wausau Paper Corp. (NYSE:WPP) reported that: Second-quarter net earnings of $0.07 per share compared with a first-quarter net loss of $0.03 per share and prior-year net earnings of $0.11 per share. Excluding special items, second-quarter adjusted net earnings of $0.08 per share increased from first-quarter and prior-year earnings of $0.03 per share and $0.07 per share, respectively. Product trials on the Paper segment's rebuilt Brainerd, Minnesota, paper machine were successfully completed with commercialization underway. Tissue segment's $220 million expansion is advancing according to plan - groundbreaking at the Harrodsburg, Kentucky, site is scheduled for early August. The company reported second-quarter net earnings of $3.2 million, or $0.07 per share, compared with net earnings of $5.6 million, or $0.11 per share, in the prior year. Net sales increased 1 percent to $267.1 million, as shipments decreased 3 percent to 162,000 tons, due primarily to volume reductions associated with a reduced operating schedule at the Paper segment's mill in Brokaw, Wisconsin.
Wausau Paper Corp. manufactures, converts, and sells paper and paper products in the United States and internationally. It operates in two segments, Tissue and Paper.
National Health Partners, Inc. (OTC:NHPR)
United States faces two issues with health care costs: (1) the amount the U.S. spends per person on health care is high, particularly when compared with the amounts peer nations pay for care; and (2) health care expenditures grow rapidly relative to the economy overall, and have consistently done so for decades. Policymakers considering policy interventions related to costs need to distinguish between factors that affect how much health care costs at a point in time and factors that affect long-term cost growth.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. National Health Partners, Inc primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
National Health Partners, Inc. (OTC:NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company's CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
For more information about National Health Partners, Inc. please visit their website: www.nationalhealthpartners.com.
Masco Corporation (NYSE:MAS) reported that net sales for the second quarter ended June 30, 2011 decreased one percent to $2.0 billion, compared to the second quarter of 2010. North American sales decreased six percent and International sales increased 18 percent. In local currencies, International sales increased five percent compared with the second quarter of 2010. Income was $.05 per common share and $.16 per common share for the second quarters of 2011 and 2010, respectively, excluding the items in Exhibit A and with a normalized tax rate of 36 percent. Including these items, income, as reported, was $.02 per common share and $.01 per common share for the second quarters ended June 30, 2011 and 2010, respectively.
Masco Corporation manufactures, distributes, and installs home improvement and building products in North America and Europe. It operates in five segments: Cabinets and Related Products, Plumbing Products, Installation and Other Services, Decorative Architectural Products, and Other Specialty Products.
Magnetek Inc. (NYSE:MAG) will announced the results of its 2011 fourth quarter and fiscal year, which ended on July 3, 2011. A conference call On August 17, 2011 with Magnetek management will follow at 11:00 a.m. Eastern Time. The conference call will be webcast on the Investor Relations page of Magnetek's Web site at www.magnetek.com. Management's presentations will be supplemented by slides appearing on the Company's Web site. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the Web site for a limited period of time.
Magnetek, Inc. provides digital power and motion control systems used in overhead material handling, elevator, and energy delivery applications.
The GEO Group, Inc. (NYSE:GEO) will release its second quarter 2011 financial results on Wednesday, August 3, 2011 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 2:00 PM (Eastern Time) on Wednesday, August 3, 2011. Hosting the call for GEO will be George C. Zoley, Chairman, Chief Executive Officer and Founder, Brian R. Evans, Senior Vice President and Chief Financial Officer, John M. Hurley, President, GEO Detention & Corrections, and Jorge A. Dominicis, President, GEO Care. To participate in the teleconference on Wednesday, August 3, 2011 at 2:00 PM (Eastern Time), please contact one of the following numbers 5 minutes prior to the scheduled start time.
The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and mental health and residential treatment facilities in the United States, Australia, South Africa, and the United Kingdom.
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