Stock Update On Wvvi, Stz, Eqlb From Pennytobuck.com
EQ Labs (EQLB.PK) recently reported that it began a national advertising campaign with a 5 minute spot on ABC affiliate KTNV (Channel 13) in Las Vegas
. Chief Executive Officer, Maurice Owens, was featured on "The Morning Blend" show talking about the virtues of EQ Energy drink while also displaying EQLB's complete product line.
KTNV is owned by New York Stock Exchange-traded Journal Communications, Inc. The Company owns television stations, radio stations and newspapers in Arizona, Wisconsin, California, Florida and other major markets throughout the country.
In the interview, Owens stresses the health factor of EQ, "No sugar, five calories."
Chief Executive Officer MOwens also stated that the market for EQ is very large and that he expects EQ Energy drink to be in 5,000 additional stores by year end as the company's products are already in 45 states. Owens stated that the "Healthy Energy Drink" is being used by students, truck drivers and young adults because of its wide spread appeal.
Constellation Brands, Inc. (NYSE:STZ), the world's leading wine company, announced that Chief Financial Officer, Bob Ryder will present at the Barclays Capital Back-to-School Conference, Wednesday, Sept. 8, 2010 at the InterContinental, 510 Atlantic Ave., in Boston. The presentation, which is scheduled to begin at 2:15 p.m. EDT, will provide an overview of the company's financial performance, as well as its strategic and operational focus.
A live audio webcast of the presentation can be accessed on the Constellation Brands Internet Web site (www.cbrands.com) by following the instructions in the "Investors" section.
Willamette Valley Vineyards (Nasdaq:WVVI), a leading producer of Pinot Noir, generated a profit of $ 128,287, or $0.03 cents per share for the second three months of 2010. Comparable results for the comparable prior year period include a net profit of $ 253,784 and $0.05 cents per share.
Second quarter 2010 sales revenue increased 1.06% and gross profit decreased -6.91% compared to the second quarter of 2009. The decrease in gross profit along with an increase in sales, general and administrative expenses of 3.7% over the prior year second quarter were the main factors in the decrease in net profit.
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by: Bill Pennyman
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