Validus Holdings, Ltd. (NYSE:VR) announced that it plans to release its financial results for the quarter ended March 31, 2011, after the close of trading on the New York Stock Exchange on Thursday, May 5, 2011. The Company will hold a conference call for analysts and investors at 9:00 a.m. (Eastern) on Friday, May 6, 2011 to discuss these results. The conference call may be accessed by dialing 1-866-700-0133 (U.S. callers) or 1-617-213-8831 (International callers) and entering the passcode 54736372#. Those who intend to participate in the call should dial in at least 10 minutes in advance.
Validus Holdings, Ltd., through its subsidiaries, provides reinsurance and insurance coverage in the property, marine, and specialty lines markets worldwide.
Proper Power and Energy, Inc. (PPWE.PK)
About 1.6 million barrels of crude production has been shut down in Libya. Although OPEC nations have said they will cover any shortfall from Libya, traders are concerned political unrest could spread to Saudi Arabia, the world's largest crude exporter.
Previously, Proper Power and Energy, Inc. has been approached by two independent financing groups and has submitted a $10 million private placement memorandum to each of them. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.
Also, PPWE reported that its wholly owned subsidiary, American Resources, Inc. (ARI), has begun production on its 87.5 acres in Western Kentucky. ( Read More http://crweselect.com/21826/stock-alerts/vr-ppwepk-dej-grhuob-kbx-crwese... )