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Columbia Sportswear (COLM), Columbia Laboratories (CBRX), Crown Equity Holdings (CRWE), Columbia Banking System (COLB) - Stock W

Posted, by drstockpick on September 17th, 2010

Crown Equity Holdings Inc.(OTCBB:CRWE) announced recently that its sales this year have already surpassed $1,000,000. This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.

"Based on our sales to date, we had more than 4 times the sales for the same period last year and are 34% ahead of last year's total sales," commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. "Our growth in sales along with our investments in infrastructure and people give the company a basis for supporting future growth of the magnitude we have seen so far this year," stated Bosket.

Crown Equity Holdings Inc. has expanded its internet footprint internationally to include the following countries: Argentina, Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Ireland, Italy, Japan, Korea, Mexico, New Zealand, Singapore, Spain, Taiwan and the UK.

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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Columbia Banking System, Inc. (Nasdaq:COLB) subsidiary, Columbia State Bank, is a Washington state-chartered full-service commercial bank headquartered in Tacoma, Washington. Columbia Bank was awarded third place in the large employer category by Seattle Business Magazine's 100 Best Companies to Work For 2010 and was designated one of Puget Sound Business Journal's "Washington's Best Workplaces 2010".

With the January 2010 FDIC-assisted acquisitions of Columbia River Bank and American Marine Bank, Columbia State Bank has 83 banking offices, including 59 branches in Washington State and 24 branches in Oregon. Columbia State Bank does business under the Bank of Astoria name at the Bank of Astoria's former branches located in Astoria, Warrenton, Seaside, Cannon Beach, Manzanita and Tillamook.

Columbia State Bank recently announced a new banking team in Salem, Oregon with plans to establish a branch.

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Columbia Laboratories, Inc. (Nasdaq:CBRX) has repurchased 3,333,330 shares of its Common Stock, par value $0.01 per share, from investment funds for which Perry Corp. or an affiliate acts as investment advisor and/or general partner at $0.90 per share for an aggregate total purchase price of approximately $3 million. This transaction reduces the total issued and outstanding shares of Common Stock by about 4% from approximately 84.1 million to 80.8 million. This transaction also reduces the Company’s previously forecast 2010 year-end cash balance to approximately $20 million.

“Our strong cash position after the close of the Watson Transactions, coupled with our absence of debt, streamlined operations, and royalty and milestone opportunities, enabled us to reduce outstanding shares at an advantageous price,” said Frank C. Condella, Jr., Columbia’s president and chief executive officer. “This share repurchase reflects our commitment to continue to create value for our shareholders.”

The shares were issued as part of the consideration for Columbia’s retirement of its $40 million in convertible subordinated notes due on December 31, 2011.

Columbia Laboratories, Inc. is focused on developing products that utilize its novel bioadhesive drug delivery technologies to optimize drug delivery in a controlled, sustained manner. The Company's strategy is to fund new development projects through proof of concept, then partner for later-stage clinical development and commercialization. CRINONE 8% (progesterone gel) is marketed by Watson Pharmaceuticals in the United States and by Merck Serono in foreign countries.

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Columbia Sportswear Company (Nasdaq:COLM) has purchased the Teradata Database and Teradata Data Warehouse Appliance to gain greater business insights and analysis by consolidating data from multiple existing platforms. Teradata business partner Informatica will provide the data integration technology to connect Columbia’s source systems to the new Teradata system.

“Columbia Sportswear understands the importance of managing data as a strategic asset. With the Informatica Platform, Columbia will be able to improve its supply chain efficiency by fully leveraging the Teradata warehouse. Informatica technology alongside Teradata transforms the way businesses work – giving all stakeholders timely access to trustworthy, accurate data,” said Ivan Chong, executive vice president, Data Quality Product Division, Informatica.

Headquartered in Portland, Ore., Columbia Sportswear Company is a leading innovator in the global outdoor apparel, footwear, accessories and equipment markets. The global nature of the company’s supply chain and customer base make it a prime target to benefit from implementing a system to consolidate its global data.

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

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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Authored by, drstockpick
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