GATX Corp. (NYSE:GMT) reported 2011 second quarter net income of $26.4 million or $.56 per diluted share, compared to 2010 second quarter net income of $21.5 million or $.46 per diluted share. The 2011 second quarter results include positive after-tax fair-value adjustments of $6.2 million or $.13 per diluted share related to certain interest rate swaps at GATX's European rail affiliate, AAE Cargo ("AAE"). The 2010 second quarter results include a net benefit of $3.3 million or $.07 per diluted share related to the favorable resolution of a litigation matter and a tax accrual reversal, partially offset by negative after-tax fair-value adjustments on the interest rate swaps at AAE.
GATX Corporation leases, operates, and manages assets in the rail, marine, and industrial equipment markets. It operates in three segments: Rail, Specialty, and American Steamship Company (ASC).
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Crown Equity Holdings, Inc. (CRWE)
Crown Equity Holdings, Inc., 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.
The advantages of Internet advertising far exceed that of traditional print publication through costs, availability, wider consumer markets, and the potential for increased profit margins. Considering that
Traditional print methods and distribution are tried and true; the technological trends of the Internet surpass it at each level of the marketing process. In evaluating this statement, consider the following in each of the aforementioned areas.
To better understand the differences, some clarity in the two advertising mediums must be identified. Traditional print advertising is composed of common marketing collateral. Most of us better define this collateral as brochures, pamphlets, newspaper advertisements, billboards, business cards, and the like. Internet advertising is the conglomeration of electronics-a computer, or server, residing of the same marketing collateral on a professionally designed website, which is also better known as an electronic storefront. Lastly, a promotion, or campaign can be illustrated in the perspective of a "buy one, get one free" or "twenty-percent off, this week only" sales, and the process each business must adhere to, in distributing that information out to the consumer.
Crown Equity Holdings, Inc. (CRWE) announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
For more information please visit official website of CRWE: www.crownequityholdings.com
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Transocean Ltd. (NYSE:RIG) said it plans to report earnings for the three months ended June 30, 2011 on the afternoon of Wednesday, August 3, 2011, following the close of trading in the United States. The company will conduct a teleconference call at 10:00 a.m. EDT (5:00 p.m. CEST) on Thursday, August 4, 2011. Individuals who wish to participate in the teleconference call should dial +1 719-457-2698 and refer to confirmation code 4734310 approximately five to 10 minutes prior to the scheduled start time of the call.
Transocean is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.
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V.F. Corporation (NYSE:VFC), a global leader in branded lifestyle apparel, announced record results for the second quarter of 2011. All per share amounts are presented on a diluted basis. Revenues rose 15% to $1,840.1 million from $1,594.1 million in 2010. All VF coalitions achieved double-digit revenue increases in the quarter, with the strongest growth in Outdoor & Action Sports, where revenues increased 23%. Jeanswear and Sportswear revenues each grew by 10%, Imagewear revenues rose 16%, and Contemporary Brands revenues were up 11%.
V.F. Corporation designs and manufactures, or sources from independent contractors various apparel products.
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Snap-on Inc. (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, announced operating results for the second quarter of 2011. Sales of $726.7 million increased $79.1 million, or 12.2%, from 2010 levels; excluding $30.0 million of favorable foreign currency translation, organic sales increased 7.2%. Operating earnings before financial services of $98.8 million increased $19.8 million, or 25.1%, from 2010 levels and, as a percentage of sales, improved to 13.6% from 12.2% a year ago.
Snap-on Incorporated manufactures and markets tools, diagnostics, equipment, software, and service solutions for professional users in the United States, the United Kingdom, Canada, Germany, Japan, France, Australia, Spain, the Netherlands, Italy, China, and Sweden.
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(GMT, CRWE, RIG, VFC, SNA) Stocks to Watch by PennyOTCStock.com
August 2nd, 2011 at 01:36 pm