FEED the BULL

Welcome to Feed the Bull - A home for investment information and interaction.

Article

DrStockPick Presents A Stock Watch On FBP, FAF, FAC and CRWE.

Posted, by drstockpick on September 15th, 2010

Crown Equity Holdings Inc. (OTCBB:CRWE) announces 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.cn shortly.

"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. also recently announced 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.

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.

**************************************************************

First Acceptance Corporation (NYSE:FAC) recently reported its financial results for the quarter and fiscal year ended June 30, 2010.

Revenues for the three months ended June 30, 2010 were $56.0 million, compared with $61.7 million for the same period in fiscal year 2009. Income before income taxes for the three months ended June 30, 2010 was $0.9 million, compared with a loss before income taxes of $56.3 million in the same period in fiscal year 2009. The loss before income taxes for the three months ended June 30, 2009 included a goodwill impairment charge of $68.0 million, or $1.40 per share on a diluted basis. Net income for the three months ended June 30, 2010 was $0.7 million, or $0.02 per share on a diluted basis, compared with a net loss of $71.5 million, or $1.50 per share on a diluted basis, for the same period in fiscal year 2009. The net loss for the three months ended June 30, 2009 included the goodwill impairment charge and an additional charge of $10.2 million, or $0.21 per share on a diluted basis, related to the write-down of deferred tax assets.

Revenues for the year ended June 30, 2010 were $223.2 million, compared with $265.5 million for the same period in fiscal year 2009. Income before income taxes for the year ended June 30, 2010 was $7.5 million, compared with a loss before income taxes of $49.9 million in the same period in fiscal year 2009.

**************************************************************

First American Financial Corporation (NYSE:FAF), a leading global provider of title insurance and settlement services for real estate transactions, will host six Guide Dog puppies-in-training from the CNI Puppies of Orange County at its Santa Ana campus on Sept. 17, 2010.

CNI Puppies of Orange County receives 8-week-old puppies, which the organization’s volunteers (puppy raisers) raise in their homes for 12 to 14 months. The puppy raisers teach the dogs to have excellent house manners and socialize them to the world by introducing them to new people, places and experiences. When the puppies are 15 to 18 months old, they are returned to the Guide Dogs for the Blind campuses in San Rafael, Calif., or Boring, Ore., for formal guide-work training and are eventually matched with blind students enrolled at these schools. The new person/dog team completes an intensive in-residence course culminating with a graduation ceremony at which the puppy raiser formally presents the dog to its new partner.

First American Financial Corporation is a leading provider of title insurance and settlement services to the real estate and mortgage industries, that traces its heritage back to 1889. First American and its affiliated companies also provide title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services.

**************************************************************

First BanCorp (NYSE:FBP) recently reported the final results of its offer to exchange up to 256,401,610 newly issued shares of its common stock, par value $0.10 per share, for any and all of the issued and outstanding shares of Non-Cumulative Perpetual Monthly Income Preferred Stock, Series A through E (collectively, “Preferred Stock”).

In accordance with the terms of the Exchange Offer, the number of shares of Common Stock into which each share of tendered Preferred Stock will be exchanged will be the number determined by dividing the Exchange Value per share of Preferred Stock, or $13.75, by the Relevant Price of $1.18, or 11.6525 shares. No fractional shares will be issued. The Exchange Offer resulted in $487.1 million, or 88.54%, of the aggregate liquidation preference of the Preferred Stock being validly tendered. These tenders will result in the issuance of approximately 227 million new shares of the Corporation’s Common Stock.

First BanCorp is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the Virgin Islands and Florida, and of FirstBank Insurance Agency. First BanCorp and FirstBank Puerto Rico all operate within U.S. banking laws and regulations. The Corporation operates a total of 176 branches, stand-alone offices and in-branch service centers throughout Puerto Rico, the U.S. and British Virgin Islands, and Florida. Among the subsidiaries of FirstBank Puerto Rico are First Federal Finance Corp., a small loan company; FirstBank Puerto Rico Securities, a broker-dealer subsidiary; First Management of Puerto Rico; and FirstMortgage, Inc., a mortgage origination company. In the U.S. Virgin Islands, FirstBank operates First Insurance VI, an insurance agency, and First Express, a small loan company.

**************************************************************

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.

READ MORE AT: 
Authored by, drstockpick
Log in or register to post Private Message
Advertise with us

Add new comment