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Posts Tagged ‘housewares’

DrStockPick Provides Updates On Endeavour (END), Emerson Radio (MSN), Crown Equity Holdings (CRWE) and Emergent Group (LZR).

Monday, September 27th, 2010

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Crown Equity Holdings Inc. (OTCBB:CRWE) announced recently that it has launched its crwenewswire.fr website to provide news in France’s native language. Crown Equity Holdings Inc. had previously launched its German website crwenewswire.de and is launching its Canadian website crwenewswire.ca, soon.

“The new website is one step in many towards the company goal of expanding its footprint internationally, ” commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. “Our goal for 2010 is to have all CRWE’s clients’ press releases, articles and news content published in every major financial country’s native language, as well as within cities of every state of our country,” stated Mr. Bosket.

Crown Equity Holdings Inc. is a consulting organization which provides and assists small business owners with the knowledge required in taking their company public, and has re-focused its primary vision with its aligned group of independent website divisions to providing media advertising services, as a worldwide online media advertising publisher, dedicated to the distribution of quality branding information, as well as search engine optimization for its clients.

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Emergent Group Inc. (NYSE Amex:LZR), a leading provider of mobile medical lasers and surgical equipment, cited delayed consumer demand for medical procedures and related services as it reported the following financial results for the second quarter ended June 30, 2010 versus the prior year period:

* Revenue decreased 7.0% to $7,246,842 versus $7,788,765 for the prior year’s second quarter ended June 30, 2009.
* EBITDA (earnings before interest, taxes, depreciation and amortization) declined 8.1% to $1,954,375 versus $2,126,311 for the prior year period.
* Net income decreased 17.2% to $719,517, or $0.10 per diluted share, for the second quarter of 2010, versus $869,064, or $0.12 per diluted share, in the prior year period. Diluted weighted-average shares outstanding were slightly lower in the current quarter at 7,068,876 versus 7,089,544 for the prior year period.
* At the end of the quarter, the company had a cash balance of $5,801,612, amounting to $0.82 per diluted share.

“While Emergent Group and its competitive position remain strong, we saw some of the effects of overall soft demand for medical products and services that curtailed performance in certain healthcare sectors during the second quarter,” said Emergent Group Chairman and CEO Bruce J. Haber. “However, as we mentioned in our first quarter report, not all medical procedures can be postponed indefinitely, and we could see a rebound as early as the third quarter of this year. We continue to believe that this short-term consumer trend has been caused by the economic downturn, as some unemployed Americans have lost their health insurance or have otherwise postponed medical procedures.

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Emerson Radio Corp. (NYSE Amex: MSN) has appointed Andrew Davis, age 42, to the positions of Executive Vice President and Chief Financial Officer effective September 3, 2010. Mr. Davis has served as Vice President, Finance and Corporate Controller of Emerson Radio since August 2007. In addition, Mr. Davis serves as the Secretary and Treasurer of Emerson Radio.

Emerson also announced that Greenfield Pitts, age 60, resigned from his positions as Executive Vice President, Chief Financial Officer and a director of Emerson Radio effective September 3, 2010. Mr. Pitts will continue to serve Emerson Radio in a consulting capacity for a period of one year, beginning September 4, 2010.

Emerson Radio Corporation, founded in 1948, is headquartered in Moonachie, N.J. The Company designs, sources, imports and markets a variety of houseware and consumer electronic products, and licenses its trademarks to others on a worldwide basis for a variety of products. For more information, please visit Emerson Radio’s Web site.

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Endeavour International Corporation (NYSE-Amex: END) reports that John G. Williams, executive vice president - exploration, will retire effective September 30, 2010. Since joining Endeavour in 2007, he has been a member of the company’s executive committee assigned to the company’s London office as head of exploration. He will continue his association with the company in a consulting capacity throughout the remainder of the year.

In conjunction with the retirement of Williams, the company will combine its UK exploration and operations teams into a single operating group. Carl D. Grenz, currently executive vice president of operations, will assume responsibility for all UK operations as executive vice president - international and continue to serve on the company’s executive management committee.

As part of the reorganization of the UK operations, Endeavour named Jim Munns to the new role of Director of Regulatory Affairs, expanding on his previous responsibilities with DECC and other regulatory groups relevant to Endeavour’s efforts in the North Sea. Nick Terrell will become Director of Exploration responsible for the company’s exploration activities in the UK. Both will report directly to Mr. Grenz.

The company also announced that it will form a new committee of the board entitled “Technology and Reserves.” The committee, chaired by John N. Seitz, vice chairman and co-founder of Endeavour, will support the board providing increased focus on emerging technologies in the upstream industry and oversight of the company’s reserve evaluation and reporting processes.

Endeavour International Corporation is an oil and gas exploration and production company focused on the acquisition, exploration and development of energy reserves in the North Sea and the United States.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.

 
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DrStockPick Presents Company Updates For Kore Nutrition Inc. (KORE) and Tuesday Morning Corp. (TUES).

Tuesday, September 7th, 2010

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Kore Nutrition Incorporated (OTCBB:KORE.ob) and the Company’s wholly owned subsidiary, Go All In, Inc. (”ALL IN”), are pleased to announce that Cohen Independent Research Group, Inc. (”Cohen”) has initiated coverage of the Company with an initial Cohen Price Target of $10.50.

The Cohen Price Target is derived using a combination of four academic and market-based valuation approaches (one of which is the discounted cash flow valuation) that are equally weighted (25%) components used in calculating the Cohen Target Price.

Cohen Independent Research Group is Wall Street’s # 1 Independent Research Firm.

Kore, through its wholly-owned subsidiary, ALL IN, is engaged in the business of developing, producing, and selling non-alcoholic beverages. It produces premium energy drinks and an enhanced purified water under the brand name, ALL IN(TM) Energy, to suit the demands of an active world. Unlike competitive energy drinks, which can lack great taste and occasionally create a mere energy blip, ALL IN(TM) Energy is a premium sugar free product, with no carbohydrates, and less than 10 calories per can. ALL IN(TM) Energy uses herbs, vitamins and amino-acids to provide a balanced and sustained sharpening of focus and pure energy.

ALL IN(TM) Energy drinks are available in three unique and delicious flavors: Citrus, Grape and Acai Berry. ALL IN also offers a premium water that uses advanced technologies, and preliminary research suggests that ALL IN(TM) water is a faster hydrator than ordinary tap water and other mineral waters.

Legendary poker champion Johnny Chan has joined together with fellow top poker professionals, who all endorse ALL IN(TM) Energy drinks.

Kore intends to expand the production, sales and distribution of ALL IN(TM) Energy drinks and water over the next twelve months.

 

 

 

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Tuesday Morning Corp. (NASDAQ:TUES) is a leading closeout retailer with over 850 stores across the United States specializing in selling deeply discounted, upscale home furnishings, housewares, gifts and related items. Since inception in 1974, it has become a successful and nationally recognized company. Corporate activities originate from Dallas, TX.

The successful concept was founded on a unique philosophy: sell first quality, famous designer and name brand merchandise at extraordinarily discounted prices on an event basis. Ten times a year, coinciding with the retail industry’s peak selling seasons, Tuesday Morning receives new merchandise shipments that are priced significantly below those generally charged by department stores and specialty and catalog retailers.

Merchandise selections consist of domestic and European famous maker home accessories and gift closeouts. So when shopping at Tuesday Morning customers can expect:

* Identical or similar merchandise to that found in better catalogs, department or specialty stores
* A merchandise mix divided into major categories, including upscale Decorative Accessories, Rugs, Lamps, Books, Crystal and Glassware, China, Luggage, Luxury Bed and Bath Linens, Toys, Gourmet Cookware, Flatware and Seasonal Items such as Christmas Decorations and Wrap or Lawn and Garden
* Well-known and nationally advertised manufacturers and name brands
* Casual, self-serve in-store atmosphere with a no-frills merchandising presentation

Tuesday Morning’s primary advertising communication, direct mail and email, is to more than 9.0 million customers on their proprietary list, further supported by scheduled advertising in over 360 daily newspapers.

Tuesday Morning values their customers and are committed to providing exceptional service and ever-changing collections of deeply discounted closeout merchandise.

 

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

drstbc

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received seven thousand five hundred dollars from a third party (Alan Jones Group) for one (1) day of advertising for KORE Nutrition, Inc.(OTC BB: KORE.OB)

 
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