Stock Update On Veco, Actg, Crwe From Pennytobuck.com
Crown Equity Holdings Inc
Crown Equity Holdings Inc. (OTCBB:CRWE)
CRWE release news that its sales this year have already surpassed $1,000,000.
This compares to $232,510 for the three quarters ending September 30, 2009 and $ 659,907 total sales for the year 2009.
CRWE has also moved to a dedicated in-house advertising server, allowing for faster response and a wider variety of ad space offerings to those interested in advertising on their numerous internet and affiliate internet properties.
CRWE is currently in the process of expanding its in-house IT infrastructure. Although their current web page load time is better than 75% of other internet websites, when completed, the modifications will raise this load time to better then 90% of other internet websites while increasing website visitor capacity by 400%.
Renesas Electronics Corporation and Acacia Research Corporation (Nasdaq:ACTG) announced that Renesas Electronics, a premiere supplier of advanced semiconductor solutions, and ACTG, a leader in patent licensing, have entered into a strategic patent licensing alliance. Pursuant to this relationship, those patents selected by ACTG and Renesas Electronics from Renesas Electronics portfolio of over 40,000 patents and patent applications will be assigned to ACTG for patent licensing.
We are honored to have been selected to license the patents of Renesas Electronics, the worlds third largest semiconductor company by revenue, commented Paul Ryan, Acacias Chairman and CEO. This alliance with Renesas Electronics is part of our companys mission to help patent holders worldwide realize fair value from their investment in research and development. Our licensing success helps support future R&D by patent holders for the benefit of their customers.
Veeco Instruments Inc. (Nasdaq:VECO) announced that its Board of Directors has authorized the repurchase of up to $200 million of VECOs common stock over the next year.
Repurchases are expected to be made from time to time on the open market or in privately negotiated transactions in accordance with applicable federal securities laws. The timing of repurchases and the exact number of shares of common stock to be purchased will depend upon market conditions, SEC regulations, and other factors. The repurchases will be funded using VECOs available cash balances and cash generated from operations. The program does not obligate VECO to acquire any particular amount of common stock and may be modified or suspended at any time at VECOs discretion.
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by: Bill Pennyman
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