Bodybuilding.com has chosen MusclePharm Corporation (OTCBB:MSLP), as this month’s featured supplement company! We are very pleased and honored to be recognized by the good people at BodyBuilding.com. Read the entire article: Check it out!
An excerpt from the BodyBuilding.com article: “You see their ads in all the magazines with some of the biggest names not only in bodybuilding, but the entire sports world. You see their logo on every MMA event there is. Their products are amongst the most popular in the industry today and their booths at the expos are always busy. MusclePharm has come a long way in a relatively short time. Bodybuilding.com is recognizing them for their accomplishments and their loyal customer base by featuring them as the Supplement Company of the Month.”
“CEO Bradley J. Pyatt was mentored by one of the nation’s premiere herbalists known for nutritional techniques and advanced herbal formulas. As one of the brightest young minds in sports nutrition, Pyatt set out to develop a superior line of products with the backing of some of the most influential people in the fitness and sports nutrition world. One of the hardest-working executives in the industry, Pyatt has made MusclePharm the fastest-growing brand in the industry and is well qualified to make it a leading company in the sports nutrition world.”
MusclePharm products are currently available in 1,200 of the top General Nutrition Centers (GNC) in the United States, as well as Vitamin Shop. MusclePharm�s award-winning products � Assault, Battle Fuel, Bullet Proof, Combat Powder, Recon and Shred Matrix�are also available online at gnc.com, bodybuilding.com, amazon.com and many other locations.
MusclePharm�s top management has extensive experience in the sports world and has harnessed this drive and focus into building a business to benefit its customers and help Fuel The Athlete Inside. Headquartered in Aurora, Colorado, the company is a fast-growing developer and manufacturer of safe, scientifically approved, nutritional supplements that are free of banned substances and tested by athletes. They are designed to help athletes, bodybuilders, weightlifters and fitness enthusiasts improve their performance. Each and every MusclePharm product is the end result of an advanced six-stage research and testing protocol involving the expertise of top nutrition scientists. In addition, the products have been field-tested by more than 100 elite professional athletes from the NFL, MMA, MLB and elsewhere. To date, the company has developed six products: ASSAULT, BATTLE FUEL, BULLET PROOF, COMBAT POWDER, RECON and SHRED MATRIX. Two additional products are due in stores in 2010. MusclePharm products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere, such as Suma root� the �Russian Secret.� Suma is a natural, performance-boosting, strength-and muscle-building herbal derivative that has been used for years by top Russian athletes
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Multimedia Games, Inc. (Nasdaq: MGAM) (�Multimedia Games� or the �Company�), reported recently that pursuant to its previously announced review of strategic alternatives, Patrick Ramsey, 36, who has served as Interim Chief Executive Officer since March 2010 and as Chief Operating Officer since September 2008, has been appointed President and Chief Executive Officer. Mr. Ramsey has also been appointed to the Company�s Board of Directors, which has been increased to 8 members.
In addition, the Company announced that it plans to apply a portion of its cash balances – which rose to approximately $34.6 million at August 31, 2010 – to reduce outstanding borrowings by $15.0 million, or approximately 25%, in the quarter ending September 30, 2010, and that the strategic review process announced in March 2010 has now concluded.
Patrick Ramsey was recently named Chief Executive Officer of Multimedia Games. Since joining the Company, Mr. Ramsey has overseen all aspects of the Company�s day-to-day operations including working closely with customers to maximize profitability from Multimedia Games� revenue-sharing agreements which cover approximately 14,000 gaming units while simultaneously re-aligning the Company�s new product development efforts and expanding into new markets, both of which have resulted in an expanded range of entertaining new products and significant growth in the sale of the Company�s proprietary games.
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BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) (�EGF�) has adopted a level distribution plan (the �Plan�) and employs either a managed distribution or an option over-write policy to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of EGF�s Board.
Under its Plan, EGF will distribute all available investment income to its shareholders, consistent with its primary investment objectives and as required by the Internal Revenue Code of 1986, as amended (the �Code�). If sufficient investment income is not available on a quarterly/monthly basis, EGF will distribute long-term capital gains and or return capital to their shareholders in order to maintain a level distribution.
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail clients worldwide. At June 30, 2010, BlackRock�s AUM was $3.151 trillion. BlackRock offers products that span the risk spectrum to meet clients� needs, including active, enhanced and index strategies across markets and asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares� (exchange traded funds), and other pooled investment vehicles.
BlackRock also offers risk management, advisory and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions�. Headquartered in New York City, as of June 30, 2010, the firm has approximately 8,500 employees in 24 countries and a major presence in key global markets, including North and South America, Europe, Asia, Australia and the Middle East and Africa. For additional information, please visit the firm’s website at www.blackrock.com.
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Murphy Oil Corporation (NYSE: MUR) announced recently that net income in the second quarter of 2010 was $272.3 million ($1.41 per diluted share) compared to net income of $158.8 million ($0.83 per diluted share) in the second quarter of 2009. Income improved in 2010 in both the upstream and downstream businesses of the Company.
Upstream earnings improved in the 2010 quarter due to higher oil and natural gas sales volumes and sales prices, while downstream earnings in 2010 improved due to stronger U.S. retail marketing margins. Net income in the 2009 quarter included a $24.7 million after-tax charge ($0.13 per diluted share) associated with an anticipated reduction of the Company�s working interest in the Terra Nova field, offshore Eastern Canada, $13.4 million of after-tax gains ($0.07 per diluted share) from insurance settlements for fire and hurricane damages in prior years at the Meraux, Louisiana, refinery, and a $2.1 million after-tax loss ($0.01 per diluted share in discontinued operations) for post-closing settlements and other adjustments on the sale of Ecuador properties that occurred in the first quarter 2009.
For the first six months of 2010, net income totaled $421.2 million ($2.18 per diluted share) compared to net income of $329.9 million ($1.72 per diluted share) for the same period in 2009. The six-month 2009 period included income from discontinued operations of $97.8 million ($0.51 per diluted share), primarily related to an after-tax gain of $103.6 million from the sale of Ecuador properties.
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