
Flagstar Bancorp Inc. (NYSE:FBC) reported a second quarter 2011 net loss applicable to common shareholders of $(74.9) million, as compared to a first quarter 2011 net loss of $(31.7) million and a second quarter 2010 net loss of $(97.0) million.
Flagstar Bancorp, Inc. operates as the holding company for Flagstar Bank, FSB that offers consumer and commercial financial products and services to individuals, and small and middle market businesses in Michigan, Indiana, and Georgia.
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Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings' clients depend on the company for service offerings that allow them to reach potential customers and investors with critical, time-sensitive information about products, services and overall corporate activities. Today's demand-driven business environment, now more than ever, requires responsiveness, speed, and reliability. Any network downtime can equate to significant financial losses or missed business opportunities. CoreLink is dedicated to delivering its high-level of relentless service to ensure that CRWE's clients never experience losses resulting from availability or uptime issues in the data center.
Internet marketing has had a large impact on several industries including music, banking, and flea markets, as well as the advertising industry itself. As Advertisers increase and shift more of their budgets online, it is now overtaking radio in terms of market share. In the music industry, many consumers have begun buying and downloading music files (e.g. MP3s) over the Internet in addition to buying CDs. Unique items that could previously be found at flea markets are being sold on internet. Buyers and sellers often look at prices on the website before going to flea markets and the eBay price often becomes what the item is sold for. More and more flea market sellers are putting their items up for sale online and running their business out of their homes.
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.
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. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
For more information, please visit their website: http://www.crownequityholdings.com
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Bluelinx Holdings Inc. (NYSE:BXC) announced that it will release second-quarter financial results before the stock market opens on Thursday, August 4th, followed by a conference call at 10:00 a.m. Eastern Time.
BlueLinx Holdings Inc., through its subsidiary, BlueLinx Corporation, distributes building products in North America. The company distributes products in two principal categories, structural products and specialty products. Its structural products include plywood, oriented strand board, rebar and remesh, lumber, and other wood products primarily used for structural support, walls, and flooring in construction projects.
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Hypercom Corp. (NYSE:HYC) announced that Avant-Garde Marketing Solutions, Inc., one of the nation's fastest growing Independent Sales Organizations, has selected and is now marketing Hypercom's Optimum M4230 multi-application mobile payment terminal and Mobile Network service to its thousands of merchant customers nationwide. Hypercom's Mobile Solution was selected in head-to-head competition with other global payment providers. Financial terms were not disclosed.
Hypercom Corporation provides electronic payment and transaction solutions, and value-added services at the point of transaction in the Asia-Pacific, the United States, South America, Central America, Europe, and the Middle East.
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Resource Capital Corp. (NYSE:RSO) reported results for the three and six months ended June 30, 2011. Adjusted net income, a non-GAAP measure excluding the effect of non-cash charges and non-operating capital transactions, was $18.0 million, or $0.25 per share-diluted, and $33.7 million, or $0.51 per share-diluted for the three and six months ended June 30, 2011, respectively, as compared to $10.9 million, or $0.24 per share-diluted, and $21.1 million, or $0.51 per share-diluted, for the three and six months ended June 30, 2010, respectively, an increase of $7.1 million, or 65% and $12.7 million, or 60%, respectively. For a reconciliation of adjusted net income to GAAP net income, see Schedule I to this press release.
Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States.
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