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Posts Tagged ‘NYSE:DIS’

Reported by: Eric CRWE Newswire Middle East correspondent

The Dow Jones Industrial Average advanced 0.2 percent or 19.61 points to close at 10,060.06 for the day. At the start of the trading session the Dow Jones dropped 102 points in the first hour on the disappointing US economy data regarding falling home sales and durable goods orders in the Month of July.

In the later half of the session the Dow Jones found support at the level of 10,000 points. Standard & Poor advanced 3.46 points or 0.3 percent to close at 1,055.33 and the NASDAQ increased 0.8 percent to close at 2,141.54.

Total consolidated volume for the day 4.4 billion shares with gainers to losers 3 to 2 on New York Stock Exchange.

Orbitz Worldwide, Inc. (NYSE:OWW) was the top gainer with a positive change of 12.53 percent to close at $5.03. The share traded volume was 289,624 shares against the average volume of 247,000 shares.

Toll Brothers, Inc. (NYSE:TOL) announced its quarterly results today reporting a substantial jump in net profits. The share price advanced 5.81 percent to close at $17.13 with total volume of 8.94 million shares.

Apple Inc. (NASDAQ:AAPL) gained 1.23% and closed at $242.89 with volume of 21.31 million shares on the news of Disney was trying to rent Apple TV shows through Apple’s iTunes.

However Walt Disney Company (NYSE:DIS) saw a correction of 0.09% to close at $32.11.
The Crude oil price moved up to $72.52 per barrel on the latest data showing an increase of 4.1 million barrel in crude supplies.

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NW Tech Capital, Inc. (NWTT.PK) is a viable already operational business with substantial revenues assets operations and goodwill.

NWTT reported that the company had finalized the merger with Bermal Contracting Ltd., a BC Canada company.

Bermal Contracting Ltd. offers substantial revenues and a sizable operations, currently excavating patio stone (Horizontal & Stand up Veneer), ledge stone, stackable stone & corner stone, and boulder stone. All stone comes in a number of unique colors, variety of textures and shades, allowing landscapers to create individualized and customized designs.

Based on the Share Purchase Agreement (Pink Sheets filing July 30, 2010) NWTT had purchased Bermal Contracting Ltd. for six hundred million (600,000,000) shares of NWTT Common Stock.

This stock will be restricted, and subject to rule 144. Moreover NWTT has secured contractual assurances that Bermal Contracting must meet reasonable financial and business obligations and milestones set between the parties, satisfactory to NWTT board and in the best interest of NW Tech Capital, Inc. shareholders.

Bermal Contracting Ltd. is a viable already operational business with substantial revenues assets operations and goodwill. The company is in the process of updating its new web site and unveiling its future plans with its recent marriage to NWTT. Bermal plans to start producing stone and pallets of varying size that will be sold directly to medium and high-end landscapers. At this time, the company is investing in equipment in order to start and run operations. The company plans to be on target in 2011 for this further planned expansion.

Bermal Contracting excavates:

* Patio stone Horizontal & Stand up

* Veneer patio Stone & Veneer

* Ledge Stone

* Stackable Stone & Corner stone

* Boulder Stone.

Bermal Contracting Ltd. financials will be posted shortly.

For more information about this company please visit http://www.nwtechcapital.com

Walt Disney Co. (NYSE:DIS) reported earnings for its third fiscal quarter and nine months ended July 3, 2010.

DIS reported that fiscal third-quarter net income was $1.33 billion, or 67 cents per share compared to $954 million, or 51 cents per share, a year ago.

Also, DIS revenue rose 16 percent to $10 billion, from $8.6 billion.

The studio posted a much-anticipated turnaround thanks not only to the Pixar animated franchise “Toy Story,” but also “Alice in Wonderland.” Disney’s purchase of Marvel Entertainment last year also gave it an extra boost from the theatrical release of “Iron Man 2″ in early May. Write-downs for a couple of movies, “Prince of Persia” and “Sorcerer’s Apprentice,” pushed costs up, but the unit reversed a loss.

“We’re very pleased with our strong third quarter, in which we grew revenues substantially and improved profitability across the majority of our
businesses,” said President and Chief Executive Officer Robert A. Iger. “Our performance underscores the value of sticking to a smart strategy even in tough times, of investing in the right people, and of focusing relentlessly on quality and innovation to drive growth in shareholder value.”

For more information about this company please visit http://www.disney.go.com

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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment (read more). 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 fifteen thousand dollars in cash from a third party (PenStox) for (15) days of advertising for NW Tech Capital, Inc. (NWTT.PK)

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