Xinyuan Real Estate Co., Ltd. (NYSE:XIN) announced its unaudited financial results for the first quarter of 2011. Highlights for the First Quarter 2011: First quarter results were impacted by additional restrictive government policies issued in the quarter to curb speculation. Full year outlook remains strong with healthy sales growth and solid profits. Total first quarter revenues were US$91.8 million, a 17% decrease from US$110.7 million reported in the first quarter of 2010, and 33% below the US$137.2 million recorded in the fourth quarter of 2010. Contract sales totaled US$98.0 million, a 32% decrease from US$143.4 million recorded in the first quarter of 2010, and 50% below the US$194.1 million recorded in the fourth quarter of 2010.
Xinyuan Real Estate Co., Ltd., through its subsidiaries, engages in residential real estate development business, as well as provides property management services in the People's Republic of China.
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is headquartered in Horsham, Pennsylvania. National Health Partners, Inc. Currently offer five standard CARExpress membership programs that provide benefits that range from prescription drug and vision care to comprehensive physician, hospital, vision, dental and other care.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
National Health Partners, Inc. a leading provider of discount healthcare membership programs, announced the successful launch of a new, major marketing campaign that has caused the number of the company's new member enrollments in May to increase sharply.
While only in its infancy, the campaign has been so successful that the company is on pace to more than triple the number of new members generated during May compared to the number of new members generated during April. This growth should continue to build at an equally fast pace, especially over the next several months, as new facets of the marketing campaign are rolled out. Thereafter, the campaign will continue to generate an increasing number of new members for the company indefinitely into the future.
NHPR expects to achieve significant profits during 2011 driven by the substantial sales growth that this campaign may provide.
Insurance products that are suitable for combination with our CARExpress membership programs include:
Health Savings Accounts (HSAs): Health Savings Accounts (HSAs) were created by Public Law 108-173, the "Medicare Prescription Drug, Improvement and Modernization Act of 2003," signed into law by President Bush on December 8, 2003. Health Savings Accounts change the way millions meet their health care needs because they help individuals save for qualified medical and retiree health expenses on a tax-advantaged basis. Any adult who is covered by a high-deductible health plan (and has no other first-dollar coverage) may establish an HSA. Tax-advantaged contributions can be made in three ways: (i) the individual or family can make tax deductible contributions to the HSA even if they do not itemize deductions; (ii) the individual's employer can make contributions that are not taxed to either the employer or the employee; and (iii) employers sponsoring cafeteria plans can allow employees to contribute untaxed salary through salary reduction. Amounts contributed to an HSA belong to the account holder and are completely portable. Funds in the account can grow tax-free through investment earnings, just like an IRA. Funds distributed from the HSA are not taxed if they are used to pay qualified medical expenses. Unlike amounts in Flexible Spending Arrangements that are forfeited if not used by the end of the year, unused funds remain available for use in later years.
For more information about National Health Partners, Inc. please visit their website: www.nationalhealthpartners.com
GreenHouse Holdings, Inc. (GRHU)
GreenHouse Holdings, Inc. is a leading provider of energy efficiency solutions and sustainable infrastructure products. The company designs, engineers and installs disparate products and technologies that produce persistent technical and financial results, by enabling their clients to monitor and control their energy costs in the most efficient manner possible. Its target markets for energy efficiency solutions include residential, commercial and industrial, as well as government and military markets. In addition, the company develops designs and constructs rapidly deployable, sustainable infrastructure primarily for use in disaster relief and security in austere regions.
Energy efficiency and renewable energy are said to be the twin pillars of sustainable energy policy. In many countries energy efficiency is also seen to have a national security benefit because it can be used to reduce the level of energy imports from foreign countries and may slow down the rate at which domestic energy resources are depleted.
GreenHouse Holdings, Inc. (OTC.BB:GRHU), a leading provider of energy efficiency solutions and sustainable infrastructure products, announced that it has completed the acquisition of Costa Mesa, CA based Control Engineering, Inc. (CEI), a provider of automation and control solutions including engineering, installation and integration services. The CEI teams are experts in multiple technologies and applications with a client base that includes recognizable brands from a wide range of industries including AECOM, Fluor, Coca-Cola, AMGEN and Occidental Petroleum with anticipated revenues to exceed $3.5 million in 2011.
GreenHouse is a qualified service provider of Southern California Edison's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies including complete processing of all utility documents. The addition of CEI's suite of services will allow GreenHouse to not only realize greater profit margins on demand response implementations but more importantly package a complete turnkey Auto-DR program that can be adopted by utilities across the country.
Automated Demand Response (Auto-DR) enables customers with automated load control systems, such as an Energy Management System (EMS), to participate in demand response events without manual intervention. The program's flexibility and ease-of-use allows you to pre-select your level of participation and to automatically take part in a demand response event.
For more information about GreenHouse Holdings, Inc. Visit their website: www.greenhouseintl.com
IFM Investments Limited (NYSE:CTC) announced its unaudited financial results for the first quarter ended March 31, 2011. First Quarter 2011 Highlights(1): Consolidated net revenue in the first quarter of 2011 was RMB137.3 million (US$21.0 million), a decrease of 19.2% from the fourth quarter of 2010, and an increase of 29.3% from the first quarter of 2010.Revenue from company-owned brokerage services in the first quarter of 2011 was RMB119.4 million (US$18.2 million), a decrease of 22.4% from the fourth quarter of 2010, and an increase of 28.0% from the first quarter of 2010. Non-GAAP(2) loss from operations in the first quarter of 2011 was RMB86.2 million (US$13.2 million), an increase of 94.1% from the fourth quarter of 2010, and an increase of 346.6% from the first quarter of 2010.
IFM Investments Limited, also known as Century 21 China Real Estate, provides real estate services in the People's Republic of China.
Synovus Financial Corp. (NYSE:SNV) announced that its Board of Directors has declared a dividend of $0.01 per share on the company's common stock. The dividend will be payable on July 1, 2011 to shareholders of record as of June 16, 2011.
Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee.
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