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. Crown Equity Holdings Inc. announced in June of this year its 1- 10 forward stock split.
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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.
Enzo Biochem, Inc. (NYSE:ENZ)
Enzo Biochem, Inc. reported recently improved sequential results for the first fiscal quarter ended October 31, 2010, the result of recent programs to reduce expenses, consolidate activities and expand operations.
Among the quarter's highlights (all references are to sequential quarter over quarter results, normalized for an inventory charge and severance of $1.8 million where applicable):
- Enzo Life Sciences, benefiting from increased emphasis on higher margin products, realized a greater than 100% gain in operating income.
- Enzo Clinical Labs increased revenues 6%, while reducing the operating loss 62%.
- Company-wide, gross margin increased $2.0 million or 17%.
- Operating expenses decreased 7%, or to 57% of revenues, from 63%.
- EBITDA, a non-GAAP measure, was $23,000, an improvement of $2.9 million from the prior quarter.
- Net loss for the quarter was reduced 70%.
Dynex Capital Inc. (NYSE:DX) announced that it closed a public offering of 6,900,000 shares of its common stock, including 900,000 shares pursuant to an option that was fully exercised by the underwriters, at a public offering price of $10.20 per share for total net proceeds of approximately $67.5 million, after deduction of underwriting discounts and commissions and estimated expenses.
Dynex Capital, Inc. is a real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency MBS, non-Agency MBS, and CMBS.
Brown Shoe Co. Inc. (NYSE:BWS) declared a quarterly dividend of $0.07 per share, payable January 3, 2011 to shareholders of record on December 20, 2010. This dividend will be the 352nd consecutive quarterly dividend paid by the company.
Brown Shoe is a $2.5 billion global footwear company. Brown Shoe's Retail division operates Famous Footwear, a leading family branded footwear destination with over 1,100 stores nationwide.
First Trust Senior Floating (NYSE:FCT) has increased the Fund's regularly scheduled monthly common share distribution payable to $0.06 per share from $0.055 per share. The distribution will be payable on January 14, 2011 to shareholders of record on January 5, 2011. The ex-dividend date is expected to be January 3, 2011.
First Trust Senior Floating Rate Income Fund II (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to seek a high level of current income.
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