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Home > (FCF, CIT, SXI, NHPR, HRC) Stock in Review by StockHotTips.com

(FCF, CIT, SXI, NHPR, HRC) Stock in Review by StockHotTips.com

July 28th, 2011 at 01:18 pm








First Commonwealth Financial Corp. (NYSE:FCF) reported net income of $7.4 million, or $0.07 diluted earnings per share, for the second quarter ended June 30, 2011, as compared to net income of $13.5 million, or $0.15 diluted earnings per share, in the second quarter of 2010. The decrease in net income was primarily the result of lower net interest income, a higher provision for credit losses and increased noninterest expense, which were partially offset by higher noninterest income. For the six months ended June 30, 2011, net income was $12.7 million, or $0.12 diluted earnings per share, compared to net income of $0.4 million for the comparable period in 2010.

First Commonwealth Financial Corporation operates as the holding company for First Commonwealth Bank that provides consumer and commercial banking services to individuals and small and mid-sized businesses in central and western Pennsylvania.

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CIT Group Inc. (NYSE:CIT) reported a net loss for the quarter ended June 30, 2011 of $48 million, $0.24 per diluted share, down from net income of $182 million, $0.91 per diluted share a year ago1 on reduced fresh start accounting ("FSA") benefits and costs associated with the voluntary prepayment of second lien debt. Net income for the six months ended June 30, 2011 was $18 million, $0.09 per diluted share, down from $326 million, $1.63 per diluted share for 2010.

CIT Group Inc. operates as the holding company for CIT bank that provides commercial financing, leasing products, and other services to small and middle market businesses. Its products principally include asset based loans; secured lines of credit; operating, finance, and leveraged leases; factoring services; vendor financing; import and export financing; small business loans; acquisition and expansion financing; letters of credit/trade acceptances structuring; and debtor-in-possession/turnaround financing.

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Standex International Corp. (NYSE:SXI) announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share, which is payable August 25, 2011 to shareholders of record August 9, 2011.

Standex International Corporation operates as a diversified manufacturing company worldwide. Its Food Service Equipment Group segment manufactures commercial food service equipment for restaurants, convenience stores, quick-service restaurants, supermarkets, and drug stores, as well as institutions, such as hotels, casinos, and cafeterias.

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National Health Partners Inc. (NHPR)

A healthy mind in a healthy body is what makes life worth living. And the two things, good health and a sound mind, always go together. Without a healthy body, a man can neither think great thoughts nor perform great acts. Having lot of mental pressures but physically healthy, does not sound good. Being healthy means that both your body and mind function as they are supposed to.

It is important that you are both physically and emotionally healthy. You can't do a good job, if you don't feel well. Being healthy makes you feel good and allows you to perform more effectively. You can maintain your health by taking care of yourself and avoiding toxic situations.

The most important facet of good health is adequate exercise. Exercises help us achieve good health by strengthening our cardio-vascular system, strengthening our muscle mass and reducing the affect of stress on the body. To ensure that exercises do not appear to be chores, it is best to find exercises that you enjoy doing rather than those that you dread. For those who prefer to be outdoors, trekking, hiking, jogging or running may be the appropriate exercise to take up. On the other hand, for those who enjoy swimming, membership to a local pool may be the answer.

National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, sdentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.

National Health Partners, Inc., a leading provider of discount healthcare membership programs, expects July sales to increase by as much as 75% over June sales as a result of the new marketing campaign announced by the company on May 25, 2011.

The company has experienced a tremendous amount of success from the current marketing campaign. As a result, the company has implemented a plan to substantially increase its monthly sales on a continuous basis, beginning with a 75% increase in July. During the remainder of 2011, this campaign has the ability to increase monthly sales by more than 700% while enabling the company to achieve positive cash flows from operations.

The remarkable cash flow opportunity of this marketing campaign is tied to the innovative cost terms achieved by the company. Traditionally, the company paid a monthly recurring residual commission during the life of the membership for each member acquired. Through the current campaign, the company is only paying a small, one-time fee for each member acquired -no monthly recurring residual commissions are paid. As a result, the cash flow generated by the company during the life of each membership obtained through this campaign is 150% greater than that of the memberships previously sold by the company.

For more information please visit official website of NHPR: www.nationalhealthpartners.com

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Hill-Rom Holdings, Inc. (NYSE:HRC) announced financial results for its fiscal third quarter ended June 30, 2011 and updated its outlook for 2011. Adjusted earnings per diluted share increased 4 percent during the period, to $0.47 from $0.45. Reported earnings per diluted share in the fiscal third quarter decreased to $0.02, compared to $0.48 in the same period in the prior year, and net income declined to $2 million from $31 million over the same periods. Reported EPS and net income reflect a $30 million after-tax charge for a potential legal settlement relating to a matter covering the period from 1999 to 2007.

Hill-Rom Holdings, Inc. provides medical technologies and related services for the health care industry in the United States and internationally.



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