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. 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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Family Dollar Stores, Inc. (NYSE:FDO) has named Jacob J. Modla to the position of Vice President - Human Resources. Mr. Modla will report to Bryan Venberg, Senior Vice President - Human Resources.
"At Family Dollar, we are committed to developing and promoting talent from within our Company," said Mr. Venberg. "In his new role, Jake's legal expertise and experience will help ensure our compliance with rapidly changing laws and regulations and support our continued efforts to a more compelling place to work for our Team Members."
Mr. Modla began his career with Family Dollar in 2004 as Assistant General Counsel - Litigation and most recently served as Vice President - Deputy General Council. Prior to joining Family Dollar, Mr. Modla spent fourteen years in private practice with the law firm of Haynsworth Baldwin Johnson & Greaves (now Ogletree Deakins). Mr. Modla earned a Bachelor of Science degree from Fairleigh Dickinson University and his Juris Doctor from the University of South Carolina.
Beginning with one store in Charlotte, North Carolina, in 1959, the Company currently operates more than 6,700 stores in 44 states. Family Dollar Stores, Inc., a Fortune 500 company, is based in Matthews, North Carolina, just outside of Charlotte.
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FBL Financial Group, Inc. (NYSE:FFG) reports that its Board of Directors declared a quarterly cash dividend of $0.0625 per share to owners of Class A and Class B common stock.
The dividend will be payable on September 30, 2010 to shareholders of record as of September 15, 2010. There are 29,631,669 shares of Class A common stock and 1,192,990 shares of Class B common stock, for a total of 30,824,659 shares outstanding.
FBL Financial Group is a holding company whose primary operating subsidiaries are Farm Bureau Life Insurance Company and EquiTrust Life Insurance Company. FBL underwrites, markets and distributes life insurance, annuities and mutual funds to individuals and small businesses. In addition, FBL manages all aspects of two Farm Bureau affiliated property-casualty insurance companies for a management fee.
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The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE:AGM) reported second quarter core earnings of $5.3 million ($0.50 per diluted common share) and GAAP net income available to common stockholders for the period of $1.8 million ($0.17 per diluted common share). Second quarter 2009 core earnings were $4.7 million ($0.46 per diluted common share) and GAAP net income available to common stockholders was $25.4 million ($2.49 per diluted common share). Second quarter 2009 GAAP results benefited from a $20.3 million after tax increase in the value of financial derivatives. Farmer Mac excludes such fair value fluctuations from its core earnings.
Farmer Mac President and Chief Executive Officer Michael Gerber stated, “With the capital raise behind us and core earnings growing again, Farmer Mac is fully focused on growing our $10.8 billion portfolio of outstanding loans, guarantees and commitments and continuing to serve rural America. Our purchases of individual loans under both the Farmer Mac I and Farmer Mac II programs are at a record pace. Through the end of this year’s second quarter, new business volume was sufficient to offset the repayment of loans in our portfolio. In addition, we see continued interest in our products targeted at loan portfolios, as evidenced by a new $250 million transaction completed in July, after the end of the second quarter. With lenders in both the agricultural and rural utilities sectors looking for sources of capital and liquidity and to reduce their credit risk exposures, Farmer Mac represents an important potential solution for those challenges and a means to meet the borrowing needs of lenders’ rural customers.”
Farmer Mac is a stockholder-owned instrumentality of the United States chartered by Congress to establish a secondary market for agricultural real estate and rural housing mortgage loans, rural utilities loans, and USDA-guaranteed farm program and rural development loans.
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