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Finanacial news from CRWE, TRAD, and ETE

January 1st, 2011

Finanacial news from CRWE, TRAD, and ETE

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Finanacial news from CRWE, TRAD, and ETE

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Home Page > Business > Finanacial news from CRWE, TRAD, and ETE

Finanacial news from CRWE, TRAD, and ETE

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Posted: Aug 13, 2010 |Comments: 0
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Crown Equity Holdings Inc. (OTCBB:CRWE) recently reported its financial information for the 6-month period ending June 30, 2010. Revenue for the six months totaled 8,988, compared to ,357 during the same period in 2009. The Company incurred an operating loss of ,739 for the six months ending June 30, 2010, compared to an operating loss of 5,796 during the same period in 2009. The Company incurred a net loss of 1,658 for the six months ending June 30, 2010, compared to a net loss of 5,006 for the same period in 2009. The net loss in 2010 was due primarily to an unrealized loss of 9,195 on securities held by the Company.

CRWE is a company utilizing today’s technology to advertise, promote and market public companies globally. CRWE’s proprietary network technology allows their publishing department to get their content to millions of readers daily across the world. CRWE publishes financial content to all the major countries and covers all the accredited stock exchanges.

TradeStation Group, Inc. (Nasdaq:TRAD) recently reported that its second quarter earnings, did not reflect a 3 cent per share unrealized gain that should have been recorded as a result of the Chicago Board Options Exchange (CBOE) initial public offering in June 2010. TradeStation Securities, Inc. held one seat at the CBOE, for which it received shares of equity in CBOE Holdings, Inc. at the time of the offering, which resulted in approximately .3 million of unrealized mark-to-market gain (.4 million, or 3 cents per share, after tax) in the 2010 second quarter.

TRAD is an electronic trading platform that offers state-of-the-art electronic order execution and enables clients to design, test, optimize, monitor and automate their own custom Equities, Options, Futures and Forex trading strategies

Energy Transfer Equity, L.P. (NYSE:ETE) recently reported Distributable Cash Flow of 3.4 million, a decrease of .4 million over the three months ended June 30, 2009. ETE’s net income attributable to its partners was .3 million, including the impact of the non-cash charge discussed below, for the three months ended June 30, 2010, as compared to 4.4 million for the three months ended June 30, 2009.

Distributable Cash Flow for the six months ended June 30, 2010 was 1.7 million, a decrease of .6 million over the six months ended June 30, 2009. ETE’s net income attributable to its partners, which was also impacted by the non-cash charge discussed below, was 2.0 million for the six months ended June 30, 2010, as compared to 5.9 million for the six months ended June 30, 2009.

ETE is a publicly traded partnership, which owns the general partner of Energy Transfer Partners and approximately 50.2 million ETP limited partner units; and owns the general partner of Regency Energy Partners and approximately 26.3 million Regency limited partner units.

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.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 CRWEFinance.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 ) Rule 17B requires disclosure of payment for investor relations.

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Article Tags:
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