27th
June 1:57pm
Financial Market Report from CRWE Wallstreet. CRWE.OB, TSCM, FHN, HEOP
Posted By Contributor
Crown Equity Holdings, Inc. (OTC.BB:CRWE.OB) announced that it will implement a forward stock split of its common stock on a one-for-ten basis. In connection with this forward split, the Company will increase its authorized shares from 500,000,000 to 1,000,000,000 shares. An effective date for the split has not been determined but is expected to occur in late July for shareholders of record as of July 15, 2010.
Crown Equity Holdings is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.
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TheStreet.com, Inc. (Nasdaq: TSCM), a leading digital financial media company, announced recently that it has hired Robert Walberg as Chief Market Strategist, Premium Services. In this role, Walberg will drive the roll-out of the Company’s next generation of services, expanding and extending TheStreet’s focus on delivering more actionable advice from leading voices throughout the industry, with improved features and functionality. The first new service to be rolled out will be Options Profits, to launch later this spring. Walberg will also be a key external face of the Company’s Premium Services division, presenting TheStreet’s views on the markets and highlighting the Company’s best market calls throughout the media. Today, subscription-based Premium Services represent approximately 2/3 of the Company’s annual revenues.
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First Horizon National Corp. (NYSE:FHN) will announce second quarter 2010 financial results in a news release prior to the market opening on July 16 followed by a conference call at 8:00 a.m. Central Time where management will review earnings and performance trends. There will also be a live webcast accompanied by a slide presentation. The news release, call and slide presentation may involve forward-looking information, including guidance.
First Horizon plans to make the news release, financial supplement and slide presentation available in the events and presentations section of http://ir.fhnc.com by 6 a.m. Central Time July 16.
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Heritage Oaks Bancorp (Nasdaq:HEOP), parent company of Heritage Oaks Bank, recently announced that James J. Lynch, a Managing Partner of Patriot Financial Partners, LP in Philadelphia, PA has joined its Board of Directors, and the Board of Directors of Heritage Oaks Bank. As previously disclosed, the addition of Mr. Lynch was made in connection with the Company’s March 2010 private placement, and follows the recent receipt of all necessary regulatory approvals or non-objections to his appointment and a review of Mr. Lynch by the Company’s Board of Directors.
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