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(COV, CRWE, FLR, ISH) Stock-PR.com Stock Market Report

Posted, by HotStockPR on March 14th, 2012

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International Shipholding Corporation (NYSE:ISH) reported that it has entered into an agreement with Norwegian Car Carriers ASA for the sale of two of its International Flag Pure Car Truck Carriers.

The transaction is scheduled to close by the end of the first quarter and will generate proceeds of approximately $73.9 million. This transaction will realize a reportable gain of about $3.5 million in the first quarter.

Proceeds will be used to pay down debt of approximately $35 million collateralized by these vessels and will strengthen ISH?s position to pursue accretive growth opportunities. DnB NOR Markets, Inc. acted as exclusive advisor to the Company.

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These days, it seems like everyone and their mother has a video on YouTube.

Online video is becoming a first stop for many customers. It is akin to what the Web page was a decade ago ? something that can give early adopters an edge over competitors. It gives them a channel to talk directly to customers in ways previously accessible only to large companies that could afford TV advertisements.

http://pennyomega.com/img/crwenew.jpgCRWE, Crown Equity Holdings Inc., CRWE.OB

CRWE recenly launched CRWE Tube, www.crwetube.com, a video sharing site that allows billions of people around the world to upload, watch and share original videos.

Online video makes it easy to follow the adage ?Show, don?t tell.?

CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them.

CRWE?s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.

More about CRWE at www.crownequityholdings.com.

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Fluor Corporation (NYSE:FLR) reported that after more than a decade of exceptional service in leading Fluor?s finance functions, senior vice president and chief financial officer (CFO) D. Michael Steuert will retire at the end of May.

Steuert will remain with Fluor through the end of the year in a consulting role.

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Covidien plc (NYSE:COV) reported that its Board of Directors has declared a quarterly cash dividend of $0.225 per ordinary share. The dividend is payable on May 7, 2012, to shareholders of record on April 4, 2012.

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Authored by, HotStockPR
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