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National Health Partners, Inc. (OTC:NHPR)
Prices for medical services have been rising faster than prices of other goods and services for as long as anyone can remember. A primary reason why health care costs are soaring is that most of the time when we enter the medical marketplace as patients, we are spending someone else's money. Economic studies and common sense confirm that we are less likely to be prudent, careful shoppers if someone else is paying the bill. When we are paying our own medical bills, we are conservative consumers. The increase in spending has occurred because someone else is paying the bill.
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.
Energy Recovery Inc (Nasdaq:ERII), a leader in the design and development of energy recovery devices for desalination and industrial processes, announced the results of its second quarter ended June 30, 2011. ERI achieved net revenue of $6.6 million for the quarter, reflecting a 50% decrease over the same period last year. The revenue decline was caused by decreased shipments of PX devices, turbochargers and pumps, and to a lesser extent, parts and services associated with aftermarket sales. Sales of PX devices and related products and services accounted for approximately 46% of our revenue compared to 69% in the second quarter of 2010, while turbochargers and pumps comprised approximately 54% of our revenue compared to 31% in the same quarter of the prior year. The shift in product mix favoring turbochargers and pumps, along with increased underutilization of our manufacturing facilities, resulted in decreased gross margin of 35% compared to 50% in the second quarter of 2010.
Energy Recovery, Inc. engages in the development, manufacture, and sale of energy recovery devices and pumps primarily for use in seawater and brackish water desalination worldwide.
Univest Corp. of Pennsylvania (NASDAQ:UVSP), parent company of Univest Bank and Trust Co., a full-service financial institution with 135 years of experience in delivering financial solutions including personal and business banking, online banking, residential mortgages, insurance products, investment and wealth advisory solutions, announced financial results for the second quarter. Univest reported net income of $4.5 million or $0.27 diluted earnings per share for the quarter ended June 30, 2011, compared to $3.7 million or $0.23 diluted earnings per share for the comparable period in the prior year. Net income for the six months ended June 30, 2011 was $8.4 million or $0.50 diluted earnings per share, compared to $6.7 million or $0.40 diluted earnings per share for the comparable period in the prior year.
Univest Corporation of Pennsylvania, through its subsidiaries, provides financial services to individuals, municipalities, and businesses.
American River Bankshares (NASDAQ:AMRB) reported net income of $221,000 or fully diluted earnings per share of $0.02 for the second quarter of 2011, compared to net income of $54,000 or $0.01 per diluted share for the second quarter of 2010. For the six months ended June 30, 2011, net income was $427,000 or $0.04 per diluted share, compared to $360,000 or $0.04 per diluted share for the six months ended June 30, 2010. The Company's net interest margin was 4.58% for the second quarter of 2011, compared to 4.52% for the second quarter of 2010. For the six months ended June 30, 2011, the net interest margin was 4.41%, compared to 4.62% for the six months ended June 30, 2010.
American River Bankshares operates as the holding company for American River Bank that provides commercial banking services to small to mid-sized businesses in California. It accepts checking and savings deposits, as well as offers money market deposit accounts and certificates of deposit.
Allegiant Travel Company (Nasdaq:ALGT) announced new, nonstop jet service between Owensboro, Ky., and Las Vegas will begin Oct. 14. The company, known for its exceptional travel deals, will introduce the new service to Owensboro residents with fares as low as $89.99* one way. "We are extremely pleased to expand the Allegiant brand of low-fare, nonstop, jet service in Owensboro," Andrew C. Levy, Allegiant Travel Company President, said. "We are confident the Owensboro community will appreciate flying nonstop to Las Vegas and take advantage of the great deals we offer on hotels, car rentals and show tickets."
Allegiant Travel Company, through its subsidiaries, operates as a leisure travel company in the United States. It focuses on transporting travelers in small cities to leisure destinations, Las Vegas, Orlando, Phoenix, Tampa/St.
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