Saks Incorporated (NYSE:SKS) announced it plans to close its Saks Fifth Avenue store located in the Cherry Creek Mall in Denver, Colorado on March 19, 2011. With the closing of the Denver store, the Company will have closed seven Saks Fifth Avenue stores since July 2010. The Company closed its Saks Fifth Avenue stores in Mission Viejo and San Diego, California; Southampton, New York; Portland, Oregon; Charleston, South Carolina; and Plano, Texas in 2010.
Saks Incorporated, together with its subsidiaries, operates fashion retail stores in the United States.
Orofino Gold Corp. (ORFG.PK)
Orofino Gold is pleased to report that the Board Of Directors have appointed Mr. Ning Shi Long as Chairman of the Board and Executive Director. Mr. Ary Fernando Pernett Marque has been appointed as the new President/CEO & Executive Director of ORFG.
Shi Long Ning, Chairman of the Board & Executive Director 10 years experience in information management and information systems. Graduated from Shan Dong University, Shan Dong, China.
Ary Pernett, PhD., President & Executive Director native to Colombia, geologist with 20 years experience in the gold mining industry. Technical advisor to small miners for Ministry of Energy and Mines (1994-98) in Colombia.
Prof. Dr. Hans J. Bocker, Non-Executive Director - Professor of Management, internationally recognized as gold expert at executive and operational levels.
To become a 100,000 ounce gold producer from first mine and to replicate this on each of the current optioned properties.
The vision of Orofino Gold Corp.:
- To become a good Joint Venture Partner
- To become a premier Mid Tier precious metals mining operation in Colombia
- To fast track first mine to commercial production.
Intrinsic, and essential, to this vision is ORFG's moral, ethical and social commitment to develop the communities related to the projects.
To learn about ORFG visit: http://www.orofinogold.com
Standard Motor Products Inc. (NYSE:SMP) an automotive replacement parts manufacturer and distributor, announced that its Board of Directors has approved an increase in its quarterly common stock dividend from five cents per share to seven cents per share, payable on March 1, 2011 to stockholders of record on February 15, 2011. Lawrence I. Sills, Standard Motor Products' Chairman and Chief Executive Officer, stated, "Our Board's decision to increase the dividend reflects our confidence in the future and the importance of delivering returns to our investors."
Standard Motor Products, Inc. manufactures and distributes replacement parts for motor vehicles in the automotive aftermarket industry primarily in the United States, Canada, and Latin America.
Proper Power & Energy, Inc. (PPWE.OB)
America's oil and natural gas industry creates 9.2 million jobs within our economy and 7.5% of GDP. Our industry supports higher-than-average wages and donates to our nation's energy security:
- The national average annual salary for oil and gas exploration and production is $96,844 or about $47 per hour over double the average annual salary of all other jobs.
- From 2004-2007, the oil and natural gas industry was responsible for supporting nearly 2 million additional domestic jobs.
Most U.S. citizens use around 2 barrels of oil per month. America contributes around 5.4 million barrels of crude oil every day which adds up to almost 2 billion barrels per year.
In 2009, around 41% of America's total energy use was used by homes and businesses, 30% was used for industrial activities and 29% was used by transportation.
Proper Power & Energy, Inc. announced this month that its wholly owned subsidiary, American Resources, Inc. (ARI), has begun production on its 87.5 acres in Western Kentucky.
ARI has completed the re-work on all 4 wells, with those wells online and pumping.
"This is an exciting day for us," stated Proper Power President, Andrew Kacic. "This is the beginning of production for Proper Power in Kentucky, and we look forward to increasing our presence."
Proper Power & Energy, Inc. is an independent exploration and production company. PPWE's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which PPWE controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
To learn more about PPWE visit: http://properpower.com
Medley Capital Corporation (NYSE:MCC) announced the pricing of the initial public offering of 11,111,112 shares of its common stock at a public offering price of $12.00 per share. The Company offered 10,277,779 shares of its common stock through a group of underwriters and has granted the underwriters an option to purchase up to an additional 1,541,667 shares of its common stock. Additionally, the Company offered 833,333 shares of its common stock at the public offering price of $12.00 per share directly to affiliates of Medley Capital LLC, MCC Advisors LLC, which is the Company's investment adviser, their respective affiliates and some of their employees.
Medley Capital Corporation is a newly-organized, externally-managed, non-diversified closed-end management investment company that has filed an election to be treated as a business development company under the Investment Company Act of 1940, as amended.
For FREE Daily Stock Alerts & Updates Signup At: http://pennytobuck.com/signup
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. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer (http://pennytobuck.com/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 PennyToBuck.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. 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) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising. Crown Equity Holdings Inc. (CRWE.OB) anticipates receiving 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.OB).