Stock-PR Reporting
FREE Daily Stock Alerts From Stock-PR.com
The Goldman Sachs Group, Inc. (NYSE:GS) reported net revenues of $3.59 billion and a net loss of $393 million for the third quarter ended September 30, 2011. The diluted loss per common share was $0.84 compared with diluted earnings per common share of $2.98 for the third quarter of 2010 and $1.85 for the second quarter of 2011. Annualized return on average common shareholders’ equity (ROE) (1) was 3.7% for the first nine months of 2011. Excluding the preferred dividend of $1.64 billion related to the redemption of the firm’s Series G Preferred Stock in the first quarter of 2011, annualized ROE was 6.0% (2) for the first nine months of 2011.
The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.
****************
Core Laboratories NV (NYSE:CLB) reported third quarter 2011 revenues of $231,344,000, an all-time quarterly high and an increase of 16% over year-earlier third quarter levels. The Company’s Reservoir Description and Production Enhancement segments posted all-time quarterly highs for revenue, and Core’s Reservoir Management segment reported its highest third-quarter revenue total ever. Net income for the quarter increased year-over-year by 24% to $47,996,000, while earnings per diluted share (”EPS”) increased 27% to $1.00, excluding certain “Items”.
Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry worldwide.
****************
Alliance Data Systems Corporation (NYSE:ADS) a leading provider of loyalty and marketing solutions derived from transaction-rich data, announced results for the quarter ended September 30, 2011. Revenue increased 20 percent to $845 million and adjusted EBITDA increased 29 percent to $283 million for the third quarter of 2011. Net income per diluted share (EPS) increased 67 percent to $1.60, and core earnings per diluted share (core EPS) increased 39 percent to $2.16 for the third quarter of 2011, exceeding the Company’s guidance of $1.85.
Alliance Data® and its combined businesses is North America’s largest and most comprehensive provider of transaction-based, data-driven marketing and loyalty solutions serving large, consumer-based industries.
*****************
Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares (”Shares”) of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.
The lender is at arm’s length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.
As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.
In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.
Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Gold is one of the world’s most precious metals. It is also a certainty that gold enjoys an unsurpassed popularity as a medium for jewelry expression. Both jewelry artisans and consumers alike are “in love” with gold. There seems to be no end to the range of colors, finishes and styles available and gold remains a perennial favorite setting for gemstones.
For more information about Majestic Gold Corp please visit http://www.majesticgold.net
**************************************************************
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. Stock-PR.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our 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 Stock-PR.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. (Read more at http://stock-pr.com/disclaimer).Crown Equity Holdings Inc. (CRWE.OB) is a media-advertisement and newswire company.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.
Sign Up For Free Stock Alerts At http://stock-pr.com/signup
<
Keywords: , Alliance Data Systems, Core Laboratories, Goldman Sachs Group, Majestic Gold, MJGCF, NYSE:ADS, NYSE:CLB, NYSE:GS













