21st
June 1:47pm
Stock Update: (CRWE, RADA, ROIC, EVVV)
Posted By Contributor

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Crown Equity Holdings, Inc. (the “Company”) (OTC.BB:CRWE) recently reported its financial information for the quarter ending March 31, 2010. Revenue for the quarter totaled $324,776 compared to $6,144 during the quarter ended March 31, 2009. The Company incurred an operating loss of ($8,563) for the quarter ending March 31, 2010 compared to an operating loss for the same period in 2009 of ($255,550). The results included a net loss for the March 31, 2010 quarter of ($127,046) compared to a net loss of ($254,997) during the same period in 2009. The loss in 2010 was due primarily to an unrealized loss of $134,025 on securities held by the Company.
RADA Electronic Industries Ltd. (Nasdaq:RADA) has signed a follow on contract to upgrade the aircraft of a customer in Latin America, having a value of close to $6.5M.
Retail Opportunity Investments, Corp. (the “Company”) (Nasdaq:ROIC), a fully integrated owner and operator of shopping centers, reported that it has closed on the purchase of a grocery anchored center in Vancouver, WA and also entered into contract to acquire a portfolio of four shopping centers in the greater Portland, Oregon metropolitan area for approximately $90 million dollars (the “Gramor Portfolio”).
ev3 Inc. (Nasdaq:EVVV), a global endovascular device company, reported that the U.S. Food and Drug Administration (FDA) formally accepted for filing the company’s Pre-Market Approval (PMA) application for the Pipeline Embolization Device for treatment of large, giant and wide-necked cerebral aneurysms. The FDA’s action means that the PMA application was sufficiently complete and ready for substantive review. The filing date for regulatory purposes is May 18, 2010, the date the FDA received ev3′s PMA submission. The FDA also confirmed that the PMA application will receive expedited review and processing.
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