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STRL, CRWE, TCO, LMT, MET Stock Market Report from PennyOtcStock

January 15 Jan 2012 | 12:11
 

 

Sterling Construction Company Inc. (Nasdaq:STRL) reported that Ralph L. Wadsworth in conjunction with J. Banicki Construction Incorporated, its recently acquired Arizona-based subsidiary, was apparent low bidder on the $71 million Gateway Freeway State Route 24 project in Mesa, Arizona.

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The Arizona Department of Transportation project consists of freeway to freeway ramps connecting to State Route 202 from about Power Road to Elliot Road and constructing State Route 24 (a new freeway) for about one mile to the southeast ending at Ellsworth Road.

The project has approximately one mile of flyover box beam bridge and one million cubic yards of imported fill. The project, which will begin March 2012, has an estimated duration of 18 months.

Sterling Construction Company is a leading heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure in large markets in Texas, Utah, Nevada, Arizona, California and other states where there are construction opportunities.

More about Sterling Construction Company Inc. (Nasdaq:STRL) at www.sterlingconstructionco.com

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Crown Equity Holdings Inc. (CRWE) Great benefit of VoIP is the ability to choose your own phone numbers and area codes. This means that, should you want to maintain your existing number, you can always transfer your number to the new VoIP service or you may decide to choose a new one based on the area code.

The latter is beneficial if you have family members and friends who are staying in a different area code from you. All you have to do is to change your number to the same area code as theirs. This way, whenever they call you, they will be charged for local calls. They will thank you for this additional savings on their phone bills.

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness. Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.

Crown Equity Holdings Inc has the creative resources to dramatically enhance your company’s corporate identity with its in-house advertising and name-branding services. This includes creating, designing, implementing logos, and other strategies which rapidly increase your company’s credibility and value. As many people know, brand strength is a good indicator of the strength of a company and its financial value.

Crown Equity Holdings Inc. (CRWE) recently announced that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.”

For more information, visit http://www.crownequityholdings.com

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Taubman Centers, Inc. (NYSE:TCO) recently announced the completion of the purchase of The Mall at Green Hills ( Nashville, Tenn. ), The Gardens on El Paseo and El Paseo Village ( Palm Desert, Calif. ) from Davis Street Properties of Evanston, Illinois. “These transactions crown a year of progress on our external growth initiatives,” said Robert S. Taubman , chairman, president and chief executive officer. “With the addition of these assets, we’ve enhanced both the quality of our portfolio and its anticipated growth rate.”

Taubman Centers is a real estate investment trust engaged in the development, leasing and management of regional and super regional shopping centers. Taubman’s 27 U.S. owned, leased and/or managed properties, the most productive in the industry, serve major markets from coast to coast.

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Lockheed Martin Corporation (NYSE:LMT) recently received an undefinitized contract totaling $1.96 billion to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency and the United Arab Emirates. The contract is the first Foreign Military Sale (FMS) of the THAAD Weapon System and includes the production of two THAAD Weapon Systems and additional maintenance and support equipment.

Headquartered in Bethesda, Md. , Lockheed Martin is a global security company that employs about 132,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

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MetLife, Inc. (NYSE:MET) recently announced that GE Capital Financial Inc. will acquire most of the depository business of MetLife Bank, N.A. Financial terms of the transaction, which is expected to close in the second quarter of 2012, were not disclosed. Under the definitive agreement signed by GE Capital and MetLife Bank, GE Capital will acquire approximately $7.5 billion in MetLife Bank deposits, including certificates of deposit and money market accounts. Approximately $3 billion in custodial deposits associated with MetLife’s forward mortgage business and certain other deposits are not included in the transaction, but will be transferred out of MetLife Bank over the next six months.

MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs primarily in the United States, Japan, Latin America, the Asia Pacific, Europe, and the Middle East.

 

 

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