Coco, Emr And Mslp Stock Updates From Pennytobuck.com
MusclePharm Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement
companies in the United States with a proprietary formulation used in eight performance products, recently reported MuscleGel achieves NSF certification. In addition, MSLPs Recon and Assault nutritional products will be NSF certified within the coming months.
Brad Pyatt, MusclePharms Chief Executive Officer stated, We are extremely pleased MusclePharms MuscleGel is now NSF certified and look forward to Recon and Assaults future addition to the NSFs list of approved supplements.
NSF International is an independent, not-for-profit organization that meets the growing demands of athletes, coaches and all those concerned about banned substances in sports supplements. NSF International created the new NSF Certified for Sport Program. This new NSF program is a focused solution designed to minimize the risk that a dietary supplement or sports nutrition product contains banned substances. This program is part of NSFs successful 60-year history of providing certification programs for food, water and consumer goods.
MLB, the MLB Players Association, NFL, the NFL Players Association, PGA, LPGA and the CCES have all chosen NSFs Certified for Sport program to help verify the products their athletes use are safer and free of banned substances. NSF GMP for Sport certification verifies that the facility, operations and ingredient sourcing are in compliance with GMP requirements via ongoing audits.
MSLP products are currently available in 1,200 of the top General Nutrition Centers (GNC) in the United States, as well as Vitamin Shop. MusclePharms award-winning products Assault, Battle Fuel, Bullet Proof, Combat Powder, Recon and Shred Matrixare also available online at gnc.com, bodybuilding.com, amazon.com and many other locations.
Emerson Electrical Company (NYSE:EMR) recently announced it completed its acquisition of Chloride Group PLC, which now joins strong global product brands within Emerson Network Power. This acquisition helps drive EMRs long-term global growth strategy for uninterruptible power supply (UPS) and integrated data center solutions. As previously announced, the purchase price was approximately $1.5 billion.
EMR will host a brief presentation to discuss this transaction and other acquisition and divestiture activity at 1:30 p.m. Central Time (2:30 p.m. Eastern Time) on Thursday, Sept. 9. A live webcast of the presentation will be available in the Investor Relations area of Emersons Web site at www.Emerson.com/financial at the time of the event, and an archive replay will be available for approximately one week.
About Emerson Network Power
Emerson Network Power, a business of Emerson , is the global leader in enabling Business-Critical Continuity from grid to chip for telecommunication networks, data centers, health care and industrial facilities. Emerson Network Power provides innovative solutions and expertise in areas including AC and DC power and precision cooling systems, embedded computing and power, integrated racks and enclosures, power switching and controls, infrastructure management, and connectivity. All solutions are supported globally by local Emerson Network Power service technicians. Learn more about Emerson Network Power products and services at www.EmersonNetworkPower.com.
Corinthian Colleges, Inc. (Nasdaq:COCO)
COCO reported financial results today for the fourth quarter ended June 30, 2010. The results for the fourth quarter and fiscal year were within previous guidance ranges for new student growth, revenue and earnings per share.
Comparing the fourth quarter of fiscal 2010 with the same quarter of the prior year:
* Net revenue was $482.7 million versus $353.5 million, up 36.6%.
* Total student population at June 30, 2010 was 110,580 versus 86,088 at June 30, 2009, an increase of 28.4%. On a pro forma basis, including the Heald student population at both June 30, 2010 and June 30, 2009, the total student population increased 14.1%.
* Total new students were 34,486 versus 29,188, an increase of 18.2%. On a pro forma basis, including Healds new students in both Q4 09 and Q4 10, new student growth was 6.1%.
* Operating income was $55.6 million, compared with $38.0 million.
* Income from continuing operations was $33.9 million, compared with $24.7 million.
* Diluted earnings per share were $0.38, versus $0.28.
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by: Bill Pennyman
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