Kenneth Cole Productions, Inc. (NYSE:KCP) reported financial results for the second quarter ended June 30, 2011. The Company reported operating income of $1.1 million, flat versus the year-ago quarter. The Company reported net income per fully-diluted share of $0.03 in the second quarter versus of $0.05 in the year-ago period. The Company noted that during the quarter it took an impairment charge of $0.02 per fully-diluted share against the value of its auction-rate securities.
Kenneth Cole Productions, Inc. designs, sources, and markets a range of fashion footwear, handbags, and apparel in the United States and internationally.
Crown Equity Holdings Inc. (OTC:CRWE), together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Today, the majority of people spend their work and leisure time in front of their computers on the Internet. As social networking sites replace meeting up with friends and searching the Internet for information rather than going through books becomes the norm, advertisers are seeing a huge potential for marketing and advertising various products and services on the Internet.
Crown Equity Holdings Inc. is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: �We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.�
One of the main advantages of VoIP over traditional phone service is savings on long-distance calls. By converting a caller�s voice to data and transferring it over the Internet to a VoIP phone on the other end, companies with multiple sites can avoid traditional phone lines and the long-distance charges that come with them.
For more information, please visit: http://www.crownequityholdings.com and http://crownteleservices.com/
American Safety Insurance Holdings, Ltd. (NYSE:ASI) reported net earnings of $4.1 million for the three months ended June 30, 2011, or $0.38 per diluted share, as compared to $6.2 million, or $0.58 per diluted share, for the same period of 2010. Net earned premiums increased 25% to $59.2 million. Property losses from U.S. storms were $5.1 million ($3.3 million after tax), contributing approximately 9 points to the combined ratio. The combined ratio was 105.8% compared to 99.4%.
American Safety Insurance, Cambrex, consulting services, CROWN EQUITY HOLDINGS, Crown Tele Services, CRWE, crwe.ob, IR services, Kenneth Bosket, Kenneth Cole, NYSE:, NYSE:ASI, NYSE:KCP, online media advertising, otcbb:crwe, Pakistan, VOIP
American Safety Insurance Holdings, Ltd. provides specialty insurance and reinsurance solutions for small and medium sized businesses primarily in the United States and Bermuda.
Cambrex Corporation (NYSE:CBM) reported second quarter results for the period ended June 30, 2011. Reported sales increased by 17.6%, and excluding the impact of foreign currency, sales increased 6.9% compared to the second quarter of 2010. EBITDA was $13.2 million in the second quarter of 2011, an increase of 8.6% compared to $12.1 million in the second quarter of 2010. Debt, net of cash was $75.5 million at the end of the second quarter of 2011, an improvement of $7.1 million during the quarter which includes a positive $0.4 million currency impact on foreign cash balances.
Cambrex Corporation, a life sciences company, provides products and services for the development and commercialization of new and generic therapeutics.
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