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Home > (UNH, WBS, CRWE, MJS.V, CL) Stocks in Review by PennyOmega.com

(UNH, WBS, CRWE, MJS.V, CL) Stocks in Review by PennyOmega.com

July 30th, 2011 at 11:31 am





Unitedhealth Group, Inc. (NYSE:UNH) invested $5 million in Volunteers of America's Southwest California affiliate to help the organization provide drug and alcohol rehabilitation services to San Diego-area residents.

UnitedHealth Group Incorporated provides healthcare services in the United States. Its Health Benefits segment offers consumer-oriented health benefit plans and services to national employers, public sector employers, mid-sized employers, small businesses, and individuals; and non-employer based insurance options for purchase by individuals.

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Webster Financial Corp. (NYSE:WBS) announced that its Board of Directors had declared a quarterly cash dividend of $.05 on its common stock. The dividend on the common shares will be payable on August 22, 2011, to shareholders of record on August 8, 2011. Webster also declared a regular quarterly cash dividend of $21.25 per share on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock, payable on September 15, 2011, to shareholders of record on September 1, 2011.

Webster Financial Corporation operates as the holding company for the Webster Bank that provides various banking and financial products and services in southern New England and eastern New York State.

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Crown Equity Holdings Inc., (CRWE)

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. 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.

Proper and fresh content is the lifeline of any website. If your content is updated and is fresh, you have something different to cater to your customers. Visitors don't even like to visit those sites which have old and blurred content, unchanged for a long time. They look for new things on the site and content is the medium through which they come to know about the benefits and features of your website.

CRWE's selection of CoreLink reflects recent diversification beyond CRWE's original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, CRWE has transitioned into a multifaceted media organization that publishes clients' news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.

Crown Equity Holdings Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.

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

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Majestic Gold Corp. (MJS.V)

Majestic Gold Corp. is a Vancouver-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and Development Company with a very advanced gold deposit in Shandong province of China. At present, Majestic Gold Corp. is aggressively pursuing a pre-feasibility study.

Gold uses are varied and several as proven by the use of this metal in electronic devices. One other device that makes use of gold is the modern day computer. Computers make use of gold because of its ability to be an efficient conductor. Computers transmit data to each other at very high speeds and frequent intervals and this kind of activity requires conductors of top quality. Poor conductors can result to massive errors in data transfer which can cripple a computer. Gold has been known to be an excellent conductor, which is why most computers nowadays depend on this element to operate efficiently.

Majestic Gold Corp. (MJS.V) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

The loan will have a one year term and loan principal will be convertible at the option of the lender in whole or in part into common shares ("Shares") of the Company until twelve months from the date of the loan advance at the price of $0.205 per Share. The loan will bear interest at the rate of 7.5% per annum, payable on maturity, and accrued and unpaid interest will be convertible at the option of the lender in whole or in part into shares of the Company until twelve months from the date of the loan advance at Market Price at the time of conversion.

The lender is at arm's length from the Company and will not become an insider as a result of any conversion of principal and interest. All shares issued on any conversion of loan principal or interest will be subject to a four month hold period from the date of advance of loan proceeds. The loan is subject to acceptance by the TSX Venture Exchange.

As additional consideration for the loan, the Company has agreed to forward at least $9 million to Majestic Yantai Gold Ltd., a British Virgin Islands company owned 94% by the Company to be used to further advance its Song Jiagou project. The Borrower has also agreed to a 90 day period for reciprocal due diligence reviews and discussions for the possible further involvement of the Lender in the Song Jiagou project.

In the event that no further agreement is reached between the Lender and the Company during the 90 day period, then the loan and a minimum of seven (7) months interest will automatically convert to shares in the Company at a price of $0.205 per share and the interest at Market Price respectively. In addition the Company is pleased to announce that it has arranged a non-brokered private placement of up to 15,000,000 shares to be issued at the price of $0.20 per share for gross proceeds of $3,000,000.

For more information, please visit their website: http://www.majesticgold.net

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Colgate-Palmolive Co. (NYSE:CL) reported worldwide Net sales of $4,185 million in second quarter 2011, an increase of 9.5% versus second quarter 2010. Global unit volume grew 3.0%, pricing increased 0.5% and foreign exchange was positive 6.0%. Organic sales (Net sales excluding foreign exchange, acquisitions and divestments) grew 3.5%.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and markets consumer products worldwide.


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