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UNP, CRWE, PX, AVOT, EOG - Stock Updates From DrStockPick.com!

Posted, by drstockpick on November 16th, 2010

Crown Equity Holdings Inc. (OTCBB:CRWE) is pleased to report its financial results for the nine month period ending September 30, 2010. Revenue for the nine months totaled $1,073,383 compared to $418,959 during 2009. The Company incurred an operating loss of $54,527 for the nine months ending September 30, 2010 compared to an operating loss of $36,923 during the same period in 2009. Net loss of $343,049 for the nine months ending September 30, 2010 compared to a net loss of $29,379 for the same period in 2009. The net loss in 2010 was attributed mostly to an unrealized loss of $307,544 on securities held by the Company.

"Our continued progress in operations including an operating profit of $7,251 during the last quarter shows a continued growth in our business," commented Kenneth Bosket, President and CEO of Crown Equity Holdings Inc. "Not only do our financial results show strong growth during this year but our continued investment in infrastructure will support our future growth," stated 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. The company announced in June of this year its 1- 10 forward stock split.

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American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

China has been one of the main supplier to the US of the Earth’s rare mineral supplies, with these rare minerals American manufacturers are able to make high-tech products such as cell phones, wind turbines, and guided missiles, but all that might come to a screeching halt now that China has stopped supplying the material, the New York Times has reported. In the wake of China’s decision America now must look for other sources, that will be more reliable for our future needs, and American Video may just be the new source.

American Video believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video is currently looking for these Rare Earths Minerals in Canada, the US’s Northern neighbor. American Video is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. American Video is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently American Video is in the final stage of negotiations with Kondor Gold Pyt. in Australia.American Video is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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EOG Resources, Inc. (NYSE:EOG) announced the signing of a purchase and sale agreement with Newfield Exploration Company (NYSE:NFX) for approximately 50,000 net acres in Bradford County, Pennsylvania. The transaction, valued at $405 million, is expected to close by year-end 2010. Representing less than one-half of one percent of EOG’s total North American production, this Marcellus Shale acreage in northeastern Pennsylvania includes five producing natural gas wells with 7 million cubic feet per day of gross production. Following the close of the divestiture, EOG retains approximately 170,000 net acres in the Marcellus Shale in northwestern Pennsylvania.

EOG Resources, Inc., together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas and crude oil primarily in the United States, Canada, the Republic of Trinidad, Tobago, the United Kingdom, and the People’s Republic of China.

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Praxair Inc. (NYSE:PX) has announced that its innovative Dilute Oxygen Combustion (DOC) technology, installed at ArcelorMittal in Indiana, contributed to the steelmaker receiving the 2010 Energy Achievement Award from the Association for Iron & Steel Technology (AIST). This award recognizes the company’s efforts to increase the energy efficiency of one of the steelmaker’s reheat furnaces at its 84-inch hot strip mill in East Chicago, Ind. By utilizing the DOC technology with the installation of a 145 MMBtu/hr oxy-fuel system, the operation was able to reduce the fuel consumption by 0.26 million Btu per ton of steel (approximately 260,000 million Btu per year).

Praxair, Inc. engages in the production and distribution of industrial gases primarily in North America, South America, Europe, and Asia. Its products include atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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Union Pacific Corporation (NYSE:UNP) G.I. Jobs has named Union Pacific Railroad as one of America’s top military-friendly employers for 2010. Ranked No. 12, it is the seventh time in eight years the nation’s premier career guide for military job seekers has named Union Pacific to its list. Union Pacific recognizes the importance of hiring veterans,” said Barb Schaefer, Union Pacific senior vice president - Human Resources. “They continue to represent the meaning of strong work ethics and extraordinary work experience. We are proud to have veterans choosing to make a career of railroading.

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, provides rail transportation services in North America. It has approximately 32,094 route miles linking Pacific Coast and Gulf Coast ports with the Midwest and eastern United States gateways, and provides several corridors to Mexican gateways.

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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.Crown Equity Holdings Inc. (CRWE.OB) anticipates to receive 2,000,000 shares of (144) restricted common stock of American Video Teleconferencing Corp. (AVOT.PK) from the company for 12 months IR Services

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Authored by, drstockpick
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