Forest Laboratories (FRX) Returns to Growth
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Forest Laboratories, Inc. (NYSE:FRX)
On its second quarter fiscal 2014, FRX posted net sales of $811.4 million, a 17.3% increase year over year, and net income of $70.0 million or $0.26 per diluted share compared to $20.8 million or $0.08 per diluted share in the same period the prior year.
For the six months ended September 30, 2013, FRX 's revenues increased 6.7% to $1,688.2 million, while its net income increased 22.6% to $93.3 million, both compared to the same period the prior year.
According to its guidance, FRX expects that Non-GAAP earnings per share for the fiscal year ending March 31, 2014 will be in the range of $0.95 to $1.15.
FRX 's longstanding global partnerships and track record developing and marketing pharmaceutical products in the United States have yielded its well-established central nervous system and cardiovascular franchises and innovations in anti-infective, respiratory, gastrointestinal and pain management medicine.
More about Forest Laboratories, Inc. (NYSE:FRX) at www.FRX.com .
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Crown Equity Holdings Inc. (CRWE)
Looking to deliver value for its stockholders in both the near and long term, CRWE is refocusing its strategic plan for future growth and services with its original online business-to-business (B2B) marketplace platform for manufacturers and small to large businesses on a global basis to sell and acquire various types of merchandise.
When B2B e-commerce began in the early 1990s, no one expected the growth explosion it experienced in the latter part of the decade.
There are a number of positive forces fueling future growth of B2B marketplaces and electronic exchanges. Now that most Fortune 1000 companies are actively using an e-commerce or e-procurement product or service, the market segment that promises to provide the majority of future growth is small and mid-sized businesses. Reasons for adoption of B2B e-Commerce vary greatly between businesses of different sizes, between industry focuses, between geographic location, and between product/service line focuses.
The B2B industry generates billions of dollars and thousands of jobs worldwide.
CRWE is targeting the multi-billion dollar B2B Industry with its iB2B Global project.
Together with its digital network of Websites, CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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