iStar Financial Inc. (NYSE:SFI) reported results for the fourth quarter and fiscal year ended December 31, 2011. Net income (loss) allocable to common shareholders for the year ended December 31, 2011, was ($62.4) million, or ($0.70) per diluted common share. This compares to net income of $36.3 million or $0.39 per diluted common share for the year ended December 31, 2010. Results for the prior year include $270.4 million of gains primarily associated with the sale of a large net lease asset portfolio, as compared to $25.1 million of such gains in the current year. In addition, the year-over-year decrease is due to lower revenues from a smaller overall asset base, partially offset by lower provision for loan losses of $46.4 million versus $331.5 million in the prior year.
iStar Financial Inc. operates as a finance company focusing on the commercial real estate industry.
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Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE.OB) www.crownequityholdings.com, announced that it has launched two new online service companies. CRWE Direct and CRWE Real Estate.
With expertise in online solutions and marketing, Crown Equity Holdings Inc. has launched CRWE Real Estate (www.crwerealestate.com) to provide a global portal for property listings at a fee of only $1 a day. The other is CRWE Direct (www.crwedirect.com), an online business-to-business (B2B) marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly.
Commenting on the launch, "The 2010 U.S. Census data shows estimates for B2B revenues transacted online at approximately US $300 billion," said Kenneth Bosket, Crown Equity Holdings Inc. President and CEO. "With B2B e-commerce on the rise, the launching of CRWE Direct, as well as CRWE Real Estate is a great opportunity."
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
With more and more people becoming internet users in today's world, there has been great increase in online shopping websites all over the world. The number of people shopping online has increased to 60 per cent in the past two years, with nearly nine out of 10 (more than 85 per cent) of the world's web users logging on to internet to buy, according to new research. The advancement of technology and easy navigability are the some of the main factors because of which online shopping has achieved great heights in World Wide Web.
Now a day's people are so busy that they have no time to go to shopping malls and buy the things they want. Everyone likes to do online shopping. That's why importance of online shopping is increasing with the passage of time and one cannot deny this fact.
For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com
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Cablevision Systems Corporation (NYSE:CVC) reported financial results for the fourth quarter and full year ended December 31, 2011. Fourth quarter consolidated net revenues grew 7.3% to $1.691 billion, consolidated adjusted operating cash flow ("AOCF")1 grew 21.0% to $626.2 million and consolidated operating income grew 28.3% to $346.2 million, all compared to the prior year period. Footnote 2 on page 4 of this release details certain items affecting the comparability of our results for 2011 and 2010. Excluding these items, consolidated net revenues, AOCF and operating income would have increased 1.0%, 0.8% and 3.6%, respectively, all compared to the prior year period. For full year 2011, consolidated net revenues increased 8.5% to $6.701 billion, consolidated AOCF grew 8.1% to $2.295 billion and consolidated operating income grew 3.6% to $1.229 billion, all compared to 2010. Footnote 2 on page 4 of this release details certain items affecting the comparability of our results for 2011 and 2010.
Cablevision Systems Corporation operates as a telecommunications and media company. The company offers telecommunication, digital television, voice, and high-speed Internet services, including iO TV digital television, Optimum Voice digital voice, Optimum Online high-speed Internet, and Optimum WiFi wireless Internet, as well as Optimum Lightpath integrated business communications solutions.
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BankUnited, Inc. (NYSE:BKU) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share, an increase of $0.03, or 21%, from the previous quarterly dividend of $0.14 per common share. The dividend will be payable on April 16, 2012 to stockholders of record at the close of business on April 2, 2012.
BankUnited, Inc. operates as the holding company for BankUnited that provides various banking products and services to consumers, and commercial and middle-market businesses.
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