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Crown Equity Holdings Inc. (CRWE.OB)
Crown Equity Holdings Inc. is pleased to announce its joint venture with Communication Expert Corporation.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communications solutions specifically designed to meet the business and residential market needs.
"We are excited to be partnering with Communication Expert Corporation," said Kenneth Bosket, President of CRWE "As part of this joint venture we look forward to building an outstanding team to develop and deliver voice and video VoIP services globally."
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
To learn more about CRWE visit: http://www.crownequityholdings.com
TechTeam Global, Inc. (Nasdaq:TEAM), a worldwide provider of information technology outsourcing and business process outsourcing services, today reported a net loss of $8.4 million, or $(0.78) per diluted share and a net loss from continuing operations of $9.2 million, or $(0.86) per diluted share, for the three months ended September 30, 2010. For the three months ended September 30, 2009, net income was $0.9 million, or $0.08 per diluted share and net income from continuing operations was $1.1 million or $0.11 per diluted share. The three months ended September 30, 2010 included a non-cash impairment charge of $9.4 million and $1.3 million of expense for professional fees related primarily to the sale of TechTeam Government Solutions, Inc. Excluding special items, the Company would have achieved net income from continuing operations of $934,000, or $0.09 per share in the third quarter 2010.
Hiru Corporation (HIRU.PK)
Hiru Corporation has recently launched the Jiangxi Shaungshi Biological Medicines Institute:
Currently Shuangshi AHP is in the midst of researching numerous new veterinary drugs for development within the next two years. In order to reinforce and speed up the research and development processes the company launched this new institute. The Institute will allow the company to better focus and deliberation on its talent in the bio-tech development and research protocols.
Furthermore, HIRU intends to continue its work in the development, production and marketing of both well-established and novel veterinary drugs, and nutritional additives for the Chinese market.
HIRU is delighted with this development and expects future growth to be rewarding.
To learn more about HIRU visit: http://www.hirucorporation.com
Jaguar Mining Inc. (NYSE:JAG) reports its financial and operational results for the period ended September 30, 2010. All figures are in U.S. dollars unless otherwise indicated.
Jaguar is one of the fastest growing gold producers in Brazil with operations in a prolific greenstone belt in the state of Minas Gerais and has plans to develop the Gurupi Project in northern Brazil in the state of Maranhão. Jaguar is actively exploring and developing additional mineral resources at its approximate 575,000-acre land base in Brazil.
JAKKS Pacific, Inc. (NASDAQ:JAKK) reported results for the Company’s third quarter and first nine months ended September 30, 2010.
Net sales for the third quarter of 2010 were $348.7 million compared to $351.4 million reported in the comparable period last year; and net sales for the nine months were $549.3 million compared to $604.9 million in 2009. Reported net income for the third quarter was $40.4 million, or $1.23 per diluted share, including tax benefits of $5.9 million, or $0.17 per diluted share, compared to $33.7 million, or $1.06 per diluted share, in the third quarter of 2009. Reported net income for the nine month period was $38.2 million, or $1.26 per diluted share, which includes a one-time pre-tax charge relating to the benefit payment of $2.8 million, or $0.06 per diluted share, to the estate of Jack Friedman pursuant to his employment agreement and tax benefits of $10.8 million, or $0.31 per diluted share, compared to a loss of $383.7 million, or $14.11 per diluted share, reported in 2009.
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