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CLF, ZMGD, WIBC, NOC, - DrStockPick.com Stocks to Watch!Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) reported that it has executed a definitive support agreement with Spider Resources Inc. ('Spider') (TSXV: SPQ) under which Spider has agreed to support Cliffs' previously disclosed all-cash offer for Spider at Cdn.$0.19 ('Cliffs' All-Cash Offer') per Spider share. Zamage Digital Art Imaging, Inc. (Pinksheets: ZMGD) and its subsidiary EverdowCRM recently completed Business Platform System for Minsheng Bank in China. The bank contracted EverdowCRM for development of another Business Platform. The contract is worth RMB 900,000 ($130,000 USD). EverdowCRM signed a contract with ShenZhen Development Bank (SDB). The estimated value of this project is RMB 800,000 (approximately US $117,000). Zamage Digital Art Imaging and its subsidiary EverdowCRM completed a series of six iPhone Tibet Travel applications. 'Hello Tibet' has been posted in Apple App Store in two languages: Simplified Chinese and Traditional Chinese. The software had been previously sold in other countries (USA, UK, Canada, Belgium, Germany, Italy, Singapore and Austria), and the company expects for this app to generate larger revenues in the coming months. Wilshire Bancorp, Inc. (Nasdaq:WIBC), the holding company for Wilshire State Bank, provided additional information regarding its preliminary financial expectations for the second quarter of 2010. The Company expects that net loss available to common shareholders for the second quarter of 2010 will not exceed $5.0 million, or $0.17 per common share. The net loss is primarily attributable to an elevated provision for loan losses and an increase in net loan charge-offs. Net loan charge-offs increased in the second quarter of 2010 due to write-downs that resulted from the sale of approximately $49 million in non-performing and delinquent loans at an average 17% discount to their carrying values. As a result of these loan sales, the Company expects that the level of non-performing loans at June 30, 2010 will decline from the level reported at March 31, 2010. Northrop Grumman Corporation (NYSE:NOC) reported that it will compete as the prime contractor for the U.S. Army's Enhanced Medium Altitude Reconnaissance and Surveillance System (EMARSS). _____________ 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. DrStockPick.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 DrStockPick.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://drstockpick.com/disclaimer ) . Rule 17B of the Securities Act of 1933 requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. 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. Crown Equity Holdings, Inc. (CRWE.OB) has received twenty-five thousand dollars from a third party for (30) days of advertisement services for Zamage Digital Art Imaging, Inc. (OTC: ZMGD.PK) As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |