(ASTE, CRWE, HDNG, HOLI) Stock Updates by Stock-PR.com

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Astec Industries, Inc. (Nasdaq:ASTE) reported results for its fourth quarter and year ended December 31, 2011. Net sales for the fourth quarter of 2011 were $263.2 million compared to $190.8 million for the fourth quarter of 2010, a 38% increase. Earnings for the fourth quarter of 2011 were $8.0 million or $0.35 per diluted share compared to the fourth quarter of 2010 earnings of $6.0 million or $0.26 per diluted share, an increase of $0.09 or 35% per diluted share. The fourth quarter results included charges of $2.2 million related to the sale of the utility trencher product line in the Underground Group. Excluding these charges, earnings for the fourth quarter of 2011 were $9.4 million or $0.41 per diluted share.

Astec Industries, Inc. engages in the design, engineering, manufacture, and marketing of equipment and components for road building, utility, and related construction activities worldwide.

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Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE.OB) (www.crownequityholdings.com) announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with BBN Solutions.

BBN Solutions, located in India, and Crown Tele Services Inc. (www.crownteleservices.com) shall form a 50/50 Joint Venture corporation for the purpose of granting to Crown Tele Services Inc., exclusive rights in the United States to BBN’s telecommunications marketing process and services.

Commenting on the Letter of Intent, Kenneth Bosket, President of Crown Tele Services Inc., stated: “This Joint Venture will give both companies a strategic advantage within the communication market.

Crown Tele Services Inc. is a provider of affordable, world class (VoIP) communications solutions and is a subsidiary of Crown Equity Holdings Inc. For more information visit www.crownteleservices.com

Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.

BBN Solutions doing business as BBN Telecom provides both wholesale and retail global communication, as well as calling cards. For more information visit www.bbntel.net.

VoIP (Voice over Internet Protocol) technological know-how provides their users with a wealth connected with benefits. Should you already have a very computer with a broadband connection, a router, the microphone, and/or headset, then that you are already established and all set to go with VoIP you are merely halfway at this time there. Having all of this set up in advance might prove to offer you additional financial savings, which you can use to place towards VoIP program, and include any extra features you may want to your wanted service package deal.

For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com.

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Hardinge Inc. (NASDAQ:HDNG) reported financial results for its fourth quarter and fiscal year ended December 31, 2011. Net sales (”sales”) were $91.0 million in the fourth quarter of 2011, up $9.0 million, or 11%, over sales of $82.0 million in the prior year’s fourth quarter. Foreign currency translation had approximately $2.4 million favorable effect on sales in the quarter compared with the prior year. When compared with the 2011 third quarter, sales were up $0.6 million, or 1%, for the 2011 fourth quarter.

Hardinge Inc., together with its subsidiaries, engages in the design, manufacture, and distribution of machine tools. It offers precision computer controlled metal-cutting turning machines, grinding machines, and vertical machining centers, as well as accessories, including work holding, tool holding, and other industrial support products for companies making parts from hard to machine materials.

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Hollysys Automation Technologies, Ltd. (NASDAQ:HOLI) announced its unaudited financial results for the fiscal year 2012 second quarter ended December 31, 2011. Dr. Changli Wang, Chairman and CEO of Hollysys, stated: “We were very pleased to report another quarter with solid financial and operational performance amid the unfavorable external economic conditions and feel excited about our achievements and breakthroughs in several sectors. Here I would like to take this opportunity to discuss some key events that took place in this quarter.

Hollysys Automation Technologies Ltd. provides automation and control technologies and applications to customers in the industrial, railway, subway, and nuclear industries in China and south-east Asia.

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