CNOOC Ltd. (NYSE:CEO) announced that ConocoPhillips China Inc (”COPC”) , the Operator of Penglai 19-3 field informed the Company that the State Oceanic Administration of People’s Republic of China (”SOA”) has required COPC to suspend the production of Platform B and C of the field until the risk of oil spill is eliminated. According to the latest report from COPC, a thin sheen has been observed recently near Platform B and amounts of bubbles have been occasionally generated from the oil-based mud that remains on the sea floor near Platform C. Clean up work by COPC continues, including diving operations to remove any residual oil-based mud on the sea floor at Platform C. Meanwhile, COPC continues to closely monitor the original seep location of Platform B.
CNOOC Limited engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products.
National Health Partners, Inc. (NHPR)
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, dentists, 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. The company is headquartered in Horsham, Pennsylvania.
As employers struggle with rising healthcare costs and a sour economy, U.S. workers for the first time in at least a decade are being asked to shoulder the entire increase in the cost of health benefits on their own.
The average worker with a family plan was hit with 14% premium increase this year, pushing the bill to nearly $4,000 a year.
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.
“I am very excited about the incredible results that we are generating through this new marketing campaign,” stated David M. Daniels, National Health Partners’ President and CEO. “This marketing campaign is unique not only because of the large scale marketing operations of our partner, but because we are only paying a one-time commission on each new member we obtain. As a result we are seeing a substantial jump in cash flow from these new sales. As we continue to add more retained memberships from this program, we will see cash flow growth increase substantially.”
“I am very comfortable with our outlook over the coming months and I am anxious to build on our profitability on a larger scale,” continued Mr. Daniels. “As we generate more monthly cash flow, we plan to use much of this cash to acquire even more members. Within 6 months, we could be generating annualized cash flows in an amount that is greater than the current market value of our entire company.”
Please visit its website at www.nationalhealthpartners.com
Sensient Technologies Corporation (NYSE:SXT) will hold its conference call to discuss 2011 second quarter results at 10:00 a.m. CDT on Friday, July 22, 2011. To make a reservation for the conference call, contact InterCall Teleconferencing at (706) 645-6973 and refer to the Sensient Technologies Corporation conference call. A replay will be available beginning at 1:00 p.m. CDT on July 22, 2011, through midnight on July 29, 2011, by calling (706) 645-9291 and referring to conference identification number 82996946. A transcript of the call will also be posted on the Company’s web site at www.sensient.com after the call concludes.
Sensient Technologies Corporation, together with its subsidiaries, manufactures and markets colors, flavors, and fragrances worldwide.
Crown Holdings Inc. (NYSE:CCK) will release its earnings for the second quarter ended June 30, 2011 after the close of trading on the New York Stock Exchange on Tuesday, July 19, 2011. The Company will hold a conference call to discuss these results at 9:00 a.m. (EDT) on Wednesday, July 20, 2011. The dial-in numbers for the conference call are (415) 228-5025 or toll-free (800) 475-0233 and the access password is “packaging.” A replay of the conference call will be available for a one-week period ending at midnight on July 27. The telephone numbers for the replay are (402) 998-0213 or toll free (800) 934-9347 and the access passcode is 9220. A live web cast of the call will be made available to the public on the internet at the Company’s web site, www.crowncork.com.
Crown Holdings, Inc. engages in the design, manufacture, and sale of packaging products for consumer goods.
American Eagle Outfitters, Inc. (NYSE: AEO) announced a quarterly cash dividend of $0.11 per share, marketing the company’s 28th consecutive quarterly dividend. The dividend declared will be payable on July 22, 2011 to stockholders of record at the close of business on July 8, 2011.
American Eagle Outfitters, Inc. operates as an apparel and accessories retailer in the United States and Canada.
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