Champion Industries, Inc., together with its subsidiaries, engages in commercial printing, business forms manufacturing, and office products and furniture supply businesses primarily in the United States. It involves in printing business cards, letterheads, envelopes, and brochures; process color manufacturing of brochures, posters, advertising sheets, and catalogues; die cutting and foil stamping; providing bindery services comprising trimming, collating, folding, and stitching the final product; forms printing, including roll-to-roll computer forms, checks, invoices, purchase orders, and similar forms in single-part, multi-part, continuous, and snap-out formats; tag and label manufacturing; and color Web printing of brochures and catalogs, as well as offers output solutions consisting of print on demand, inserting, and mailing services.
Champion Industries, Inc. (NASDAQ:CHMP) announced its first comparable quarterly increase in revenues since the start of the worldwide economic meltdown in 2008. The Company reported earnings for the third quarter of 2011 of $876,000, or $0.09 per share, compared to a loss of $(571,000), or $(0.06) per share, for the same period in 2010. Net income for the nine months ended July 31, 2011 was $1.4 million, or $0.14 per share, on a basic and diluted basis. This compares to a loss of $(450,000), or $(0.05) per share, on a basic and diluted basis in the nine months ended 2010.
Revenues for the three months ended July 31, 2011 were $32.0 million, compared to $31.9 million in the same period in 2010. This change represented an increase in revenues of $0.1 million, or 0.4%. Revenues for the nine months ended July 31, 2011 decreased to $95.0 million from $98.0 million in 2010. This change represented a decrease in revenues of $3.0 million or 3.1%. The printing segment experienced a sales decrease of $2.3 million, or 3.8%, while the office products and office furniture segment experienced a decrease of $0.1 million, or 0.3%, and the newspaper segment recorded a decrease of $0.6 million, or 5.1%, on a year to date basis. On a segment basis printing sales were down $86,000, or 0.4%, office products and office furniture sales were up $249,000, or 2.9%, and the newspaper sales were down $25,000, or 0.7%, for the third quarter of 2011. Toney K. Adkins, President and Chief Operating Officer, noted, "Our third quarter saw a stabilization of our top line. We need to continue aggressively to increase market share and then monetize these sales through productivity improvements. We continue to address areas in which additional savings can be attained to improve our bottom line."
In the third quarter of 2011, the results were reflective of a gain on early extinguishment of debt to a related party of $1.3 million, or $0.8 million after tax, or $0.08 per share on a basic and diluted basis. The third quarter of 2010 results were reflective of restructuring related charges of approximately $1.6 million, or $1.0 million after tax, or $0.10 per share on a basic and diluted basis.
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VoIP (Voice over Internet Protocol) may offer features and services that are not available with a traditional phone. With a single broadband internet connection, voice and data can be transported over the same platform thereby eliminating the need (and cost!) for an additional line(s) just to make telephone calls.
Another major advantage to VoIP is the ability to make calls across the world for a fraction of what traditional long distance carriers would charge for the same calls.
Crown Equity Holdings Inc. (OTC:CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: ?We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.?
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.
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.
For more information, please visit: http://www.crownequityholdings.com
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Taleo Corporation (NASDAQ:TLEO) announced that it will be presenting at the Deutsche Bank Securities' 2011 Technology Conference, being held at The Cosmopolitan of Las Vegas in Las Vegas, Nevada. Michael Gregoire, Taleo's Chairman and Chief Executive Officer, will be presenting on Wednesday, September 14th at 8:05 a.m. (PT). Live and replay webcasts of the presentation can be accessed on the investor relations section at Taleo.com.
Taleo Corporation provides on-demand talent management software solutions. The company products include Taleo Enterprise, which supports medium and large enterprises in talent management processes ranging from sourcing, recruiting, and onboarding to performance management, goals management, development planning, succession planning, compensation, and learning.
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OPNET Technologies, Inc. (Nasdaq:OPNT) introduced AppResponse Xpert Mobile(TM) this week at OPNETWORK, its annual technology conference being held this week in Washington, D.C. OPNET is providing live demonstrations of the solution, which enables users to access end-user experience monitoring information from virtually anywhere. Smart phones and tablets are rapidly being adopted by business users to access all kinds of applications and information, due to their portability, ubiquity, and ease of use.
OPNET Technologies, Inc. provides software products and related services for managing applications and networks in the United States and internationally.
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Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) will make a presentation at Rodman & Renshaw's Annual Global Investment Conference on Tuesday, September 13, 2011 at 1:35 PM EDT. A live video webcast of Carrizo's presentation can be accessed over the internet by clicking on http://www.wsw.com/webcast/rrshq20/crzo or by visiting the Carrizo website at http://www.crzo.net/investors-home and then clicking on "Rodman & Renshaw 2011 Webcast." The presentation will be webcast live beginning at 1:35 PM EDT on Tuesday, September 13.
Carrizo Oil & Gas, Inc., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the United States and United Kingdom.
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