Formula Systems (Nasdaq:FORTY) announced its results for the second quarter of 2011. Second quarter Revenues totaled $165.9 million (Q2 2010: $131.7 million), a 26% increase compared to the same quarter of 2010. Operating income for the second quarter increased by 18% to $13.3 million (Q2 2010: $11.3 million). Net Income attributable to Formula for the second quarter reached $5 million, an increase of 32% compared to $3.8 million for the second quarter of 2010.

Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology (IT) solutions and services company worldwide.





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Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."




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Wilshire Bancorp Inc. (Nasdaq:WIBC) announced that it will report net income available to common shareholders of $2.1 million, or $0.04 per basic and diluted share. These results differ from the preliminary results that were reported in the Company's earnings release for the second quarter of 2011 that was issued on July 26, 2011. On a preliminary basis, the Company had reported a $4.6 million net loss available to common shareholders, or ($0.09) per basic and diluted share, for the second quarter of 2011.

Wilshire Bancorp, Inc. operates as the holding company for Wilshire State Bank that offers a range of financial products and services.




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Cleantech Transit, Inc. (CLNO)

Biomass refers to the vast amount of waste matter that is composed of parts from living or recently dead organisms. A dead tree, fallen leaves, animal byproducts and dung are all forms of biomass. All of these can be used to produce alternative fuels that can replace coal and other fossil fuels for producing energy.If people exercise proper conservation techniques, any form of biomass that is harvested to produce energy can be replaced over a period of time. Beneficial biomass use can be considered part of the terrestrial carbon cycle, the balanced cycling of carbon from the atmosphere into plants and then into soils and the atmosphere during plant decay. When biopower is developed properly, emissions of biomass carbon are taken up or recycled by subsequent plant growth within a relatively short time, resulting in low net carbon emissions.




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Air Lease Corporation (NYSE:AL) announced the results of its operations for the second quarter ended June 30, 2011. ALC recorded its second quarterly positive pre-tax income of $10.9 million and net income of $7.0 million and recorded cash flow from operations of $48.5 million.
Air Lease Corporation engages in the purchase and leasing of aircraft. It leases its aircraft to airline customers in Asia, the Pacific Rim, Latin America, the Middle East, and eastern Europe.




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Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

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Dollar General Corporation (NYSEG) plans to report its financial results for its fiscal 2011 second quarter ended July 29, 2011, on Tuesday morning, August 30, 2011. In connection with the announcement, Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer, will host a conference call on Tuesday, August 30, 2011, at 9:00 a.m. CT/10:00 a.m. ET.

Dollar General Corporation operates as a discount retailer of general merchandise in the southern, southwestern, midwestern, and eastern United States.

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Alliance Healthcare Services, Inc. (NYSE:AIQ) announced results for the second quarter ended June 30, 2011. Revenue for the second quarter of 2011 was $127.8 million compared to $121.4 million in the second quarter of 2010, an increase of 5.2%. On a sequential quarter basis, revenue increased 7.9% to $127.8 million in the second quarter of 2011 compared to $118.4 million in the first quarter of 2011. Alliance's Adjusted EBITDA (as defined below) was $38.8 million in the second quarter of 2011 compared to $42.5 million in the second quarter 2010, a decrease of 8.7%. On a sequential quarter basis, Adjusted EBITDA increased 6.1% to $38.8 million in the second quarter of 2011 compared to $36.6 million in the first quarter of 2011.

Alliance HealthCare Services, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services and radiation therapy services in the United States.





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Cleantech Transit Inc (CLNO)

Biomass means "natural material." When biomass energy is burned, it releases heat - just like the wood logs in your campfire. Biomass energy uses natural materials like trees and plants to make electricity. It can also mean waste products like trash. Biomass is the second-most common form of renewable energy we use in the United States, providing enough electricity to power more than two million homes.

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).





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Dick's Sporting Goods Inc. (NYSEKS) reported reported sales and earnings results for the second quarter ended July 30, 2011. The Company reported consolidated non-GAAP net income for the second quarter ended July 30, 2011 of $65.1 million, or $0.52 per diluted share, excluding a $0.07 per diluted share impact from a gain on sale of investment. The second quarter consolidated non-GAAP earnings per diluted share exceeded estimated earnings expectations provided on May 17, 2011 of $0.47 - 0.49 per diluted share. On a GAAP basis, the Company reported consolidated net income for the second quarter ended July 30, 2011 of $73.8 million, or $0.59 per diluted share. The GAAP to non-GAAP reconciliations are included in a table later in the release under the heading "Non-GAAP Net Income and Earnings Per Share Reconciliation." For the second quarter ended July 31, 2010, the Company reported consolidated net income of $51.5 million, or $0.43 per diluted share.





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Emerson Electric Co. (NYSE:EMR) announced that it has agreed to sell its Heating Products business to NIBE Industrier AB. Terms of the agreement were not disclosed. The sale is expected to close by September 30, 2011. Emerson Heating Products, primarily a North American appliance components business that was established in 1917, is a global leader in heat-related solutions for appliance manufacturing industries including the cooking, dishwasher, and water heater segments. The business has annual sales of approximately $75 million with about 1,100 employees in Murfreesboro, Tenn, USA; Nuevo Laredo, Mexico; and Shenzhen, China.

Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses.

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Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.





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Group 1 Automotive Inc. (NYSE:GPI), announced that its board of directors authorized a program to repurchase up to $25.0 million of the company's common stock. Purchases may be made from time to time, based on market conditions, legal requirements and other corporate considerations, in the open market or in privately negotiated transactions. The company completed its previous $25.0 million share repurchase program that had $3.5 million remaining at June 30. The company expects that any repurchase of shares will be funded by cash from operations. As of June 30, the company had 23.6 million shares of common stock outstanding. Repurchased shares will be held in treasury.

Group 1 owns and operates 105 automotive dealerships, 134 franchises, and 28 collision centers in the United States and the United Kingdom that offer 29 brands of automobiles.

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Founded in 1983, GTSI Corp. (NASDAQ:GTSI) has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI is a leading provider of technology solutions to federal, state, and local governments. GTSI professionals draw on their deep knowledge, strategic partnerships, more than 740 industry certifications, and customer service to guide agencies in selecting the most cost-effective technology available. GTSI has extensive capabilities and past performance in data center, networking, collaboration, security, and cloud computing solutions. In addition, GTSI’s advanced engineering, integration, support, and financial services -- and broad portfolio of contracts -- ease the planning, purchasing, and deployment of solutions, and facilitates the management of mission-critical IT throughout the lifecycle.

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GTSI, a systems integrator, solutions and services provider to the government, recently announced that it has sold its 37% ownership interest in Eyak Technology, LLC (EyakTek) to EyakTek for $20 million in cash. On August 19, 2011, GTSI entered into a Settlement and Redemption Agreement with The Eyak Corporation, Global Technology Group, LLC and EyakTek to sell GTSI’s interest in EyakTek and to settle the pending arbitration proceedings and litigation with EyakTek and its officers and other owners, as well as other related disputes between GTSI and EyakTek and the other owners of EyakTek.

“Our Board of Directors believed the timing was right for GTSI to liquidate this investment based on the terms of the Settlement, and to resolve all disputes with EyakTek and its owners. As a result of this settlement, we will have the opportunity to redeploy this capital by investing in more critical areas of the business. We believe this decision is in the best interest of GTSI and its shareholders, and will contribute to our alignment for growth,” said Sterling Phillips, GTSI’s Chief Executive Officer and President.

For more information about GTSI, please visit: www.gtsi.com






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Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

Biofuels can be used to power cars, airplanes, and trains. The two principal biofuels are ethanol and biodiesel. Ethanol is produced by fermenting and brewing biomass. Flexible-fuel vehicles can run on about 85% ethanol. Biodiesel is the combination of alcohol, vegetable oil, animal fat, and recycled cooking grease. It can used to both reduce vehicle emissions and in a pure form, act as a renewable alternative for diesel engines. Biofuels also include methanol and reformulated gasoline components.

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Retractable Technologies Inc. (AMEX:RVP) reported an overall unit sales increase of 38.0% for the second quarter of 2011, compared to the second quarter of 2010. Domestic sales accounted for 73.5% and 97.3% of the revenues for the three months ended June 30, 2011 and 2010, respectively. Domestic revenues decreased 19.1% principally due to lower volumes and somewhat lower average prices. International revenues and unit sales increased significantly due to South American sales. Sales in South America comprised more than 90% of international sales. Domestic unit sales decreased 15.3%. Domestic unit sales were 59.0% of total unit sales for the three months ended June 30, 2011.

Retractable Technologies, Inc. designs, develops, manufactures, and markets safety medical products for the healthcare industry in the United States and internationally.





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India Globalization Capital, Inc. (AMEX:IGC) announced financial results for the first quarter of fiscal year 2012 ended June 30, 2011. Total revenue was approximately $1.06 million for the three months ended June 30, 2011, compared to approximately $1.12 million for the three months ended June 30, 2010. The revenue is mostly from one aggregate crusher site and local trading of iron ore. The revenue from our larger aggregate crusher site is not consolidated in our statement of operations, as it is a joint venture of which we own 49%.

India Globalization Capital, Inc., through its subsidiaries, operates as an integrated infrastructure company in India and China. It engages in the execution of civil construction, structural engineering projects, and trading primarily in the Indian states of Kerala, Karnataka, Assam, and Tamil Nadu.

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Interline Brands Inc. (NYSE:IBI) announced that the Company's board of directors has approved a share repurchase program, authorizing the repurchase of up to $25 million of the Company's outstanding common stock.

Interline Brands, Inc. operates as a direct marketer and distributor of maintenance, repair, and operations products in the United States, Canada, and Central America.




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STR Holdings, Inc (NYSE:STRI) announced the execution of a definitive purchase agreement with UL (Underwriters Laboratories) pursuant to which UL has agreed to purchase its Quality Assurance (QA) business for $275 million in cash, plus cash assumed. The transaction is expected to close no later than September 30, 2011, subject to the satisfaction of customary closing conditions.

STR Holdings, Inc., through its subsidiaries, engages in the manufacture and sale of encapsulants to the solar module industry. The encapsulants are used in the production of solar modules.




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Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit, Inc. was founded in 2006 and is based in Scottsdale, Arizona.



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Brown Shoe Co. Inc. (NYSE:BWS) announced it plans to release its second quarter 2011 financial results before market open on Thursday, Aug. 25. Company executives will host a financial analyst call at 9 a.m. ET that morning, to discuss second quarter earnings and to provide a general business update.

Brown Shoe Company, Inc. operates as a footwear retailer and wholesaler. The company provides a range of licensed, branded, and private-label casual, dress, and athletic footwear products to women, men, and children.




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Crown Equity Holdings Inc.(CRWE), together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.Crown Equity Holdings Inc. (CRWE) offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Voice over IP (VoIP) is a rapidly growing technology that uses a company's local area network (LAN) and the Internet for phone calls, instead of traditional phone lines. As a systems integrator (SI), you can save your clients money and gain services revenue as you help them deploy and maintain their VoIP systems. In this installment of our series on VoIP services. One of the main advantages of VoIP over traditional phone service is savings on long-distance calls. By converting a caller's voice to data and transferring it over the Internet to a VoIP phone on the other end, companies with multiple sites can avoid traditional phone lines and the long-distance charges that come with them.




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Global Cash Access Holdings, Inc. (NYSE:GCA) announced financial results for the quarter ended June 30, 2011. Revenue was $135.1 million, a decrease of 14.1% compared to the $157.2 million in revenue recorded in the same quarter last year. This decrease was primarily attributable to the Company's loss of its largest customer in late 2010 which accounted for approximately $21.3 million in revenue during the second quarter of 2010. In addition, revenue during the second quarter of 2011 was adversely impacted by the continued weakness in the gaming sector and consumer revolving credit. Operating income was $7.1 million.

Global Cash Access Holdings, Inc., through its subsidiaries, provides cash access products and related services to the gaming industry in the United States and internationally.




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Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.

Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Energy retrieved from biomass is called bioenergy. It is said that bioenergy is renewable, as it is from organic materials that may be continuously produced within a shorter period of time, compared to fossil fuel which comes from decaying long dead organisms, which takes time before becoming an eligible energy source.



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Phoenix New Media Limited (NYSE:FENG) announced its unaudited financial results for the second quarter of 2011. Total revenues increased by 83.5% to RMB227.6 million (US$35.2million) from RMB124.1 million in the second quarter of 2010, primarily driven by a 150.5% increase in net advertising revenues and a 44.7% increase in paid service revenues. Gross profit increased by 89.3% to RMB104.0 million (US$16.1 million) from RMB54.9 million in the second quarter of 2010. Net income attributable to Phoenix New Media increased by 55.7% to RMB36.2 million (US$5.6million) from RMB23.3 million in the second quarter of 2010. Adjusted net income attributable to Phoenix New Media increased by 76.0% to RMB44.8 million (US$6.9 million) from RMB25.5 million in the second quarter of 2010.



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IHS Inc. (NYSE:IHS) announced it has completed the closing of its acquisition of Seismic Micro-Technology (SMT), a market leader for geoscience software. The acquisition closed for $500 million in cash and is the largest acquisition in IHS history.

IHS Inc. provides critical information and insight products and services. It offers its products and services in four information domains: Energy, Product Lifecycle, Security, and Environment.



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Primus Telecommunications Group (NYSE:PTGI) announced results for the second quarter ended June 30, 2011. PTGi completed the acquisition of Arbinet Corporation on February 28, 2011; therefore, second quarter 2011 comparisons are not directly comparable with prior periods. Net revenue for the second quarter 2011 was $282.5 million, an increase of 45.2% from second quarter 2010 net revenue of $194.6 million. Net revenue includes a $73.1 million contribution from Arbinet. Adjusted EBITDA was $19.9 million, a decrease of 13.1% from second quarter 2010 Adjusted EBITDA of $22.9 million. The impact of foreign exchange translation was a positive $23.6 million to revenue for the second quarter 2011 and a positive $2.4 million to Adjusted EBITDA. Free cash flow decreased in the quarter to negative $8.5 million from second quarter 2010 negative free cash flow of $7.0 million. Free cash flow in the second quarters of 2011 and 2010 includes interest payments of $16.5 million and $17.2 million, respectively.

Primus Telecommunications Group, Incorporated provides integrated telecommunications services primarily in the United States, Australia, Canada, Brazil, the United Kingdom, and western Europe.



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North European Oil Royalty Trust (NYSE:NRT) reported the net income and results for the third quarter of fiscal 2011. Compared to the prior year, Trust expenses for the third quarter of fiscal 2011 increased 12.04% to $189,608 from $169,228 in the third quarter of fiscal 2010 due to an increase in Trustee fees (which, as specified in provisions in the Trust Agreement, change as a result of fluctuations in gross royalty income). For the quarter just ended, Trust interest income remained minor.

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany.



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Crown Equity Holdings Inc.(CRWE), together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.Crown Equity Holdings Inc. (CRWE) offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Internet Voice, also known as Voice over Internet Protocol (VoIP), is a technology that allows you to make telephone calls using a broadband internet connection instead of a regular (or analog) phone line. Voice over Internet Protocol (VoIP) converts the voice signal from your telephone into a digital signal that travels over the internet, and then converts it back at the other end so you can speak to anyone with a regular phone.



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Founded in 1991, Albany Molecular Research, Inc. (NASDAQ:AMRI) provides scientific services, products and technologies focused on improving the quality of life. Albany Molecular Research works on drug discovery and development projects and conducts manufacturing of active ingredients and pharmaceutical intermediates for many of the world’s leading healthcare companies. As an additional value added service to its customers, Albany Molecular Research is also investing in R&D in order to expand its contract services and to identify novel early stage drug candidates with the goal to outlicense to a strategic partner. With locations in the United States., Europe, and Asia, AMRI provides customers with a wide range of services, technologies and cost models.

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AMRI yesterday announced it received a federal contract award from the National Institutes of Health (NIH)/National Institute of Neurological Disorders and Stroke (NINDS) to provide chemistry and other drug discovery technologies in support of NINDS’ Medicinal Chemistry for Neurotherapeutics Program (MCNP), part of the NIH Blueprint Neurotherapeutics Network. AMRI has been collaborating with NINDS since 2005 on novel treatments for spinal muscular atrophy, a degenerative neuromuscular disease.

“After a highly competitive, rigorous application process, AMRI was selected for this contract award because of our proven track record on projects of similar scope with a number of global pharmaceutical companies. The company’s deep bench strength, scale of operations, and strong global footprint enable us to consistently deliver high performance and quality for our clients on a cost-effective basis. This significant award demonstrates the NIH’s new focus on helping support the translation of basic research discoveries in areas of unmet medical need to potential drug candidates,” said Albany Molecular Research’s Chairman, President and CEO, Thomas E. D’Ambra, Ph.D.

The five-year contract provides AMRI with funding of up to $43 million, based on the number of approved projects and availability of funds. The initial funding of up to $10 million applies to the first phase of the project, expected to begin this month, with the objective of delivering at least one Phase I clinical trial candidate. Under the MCNP, AMRI will begin providing medicinal chemistry services to neuroscientists throughout the United States with the goal of efficiently developing pre-clinical drug candidates that are suitable for advanced development and ultimately clinical trials in humans. Albany Molecular Research will utilize its integrated drug discovery capabilities involving exploratory chemistry, hit-to-lead chemistry, and lead optimization. Specific services to be provided include compound design, synthesis, and management together with in vitro metabolic testing.

For more information about Albany Molecular Research, please visit: www.albmolecular.com

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