CARBO Ceramics Inc. (NYSE:CRR)
Shares of CRR surged after the company reported its quarterly financial results.
For the third quarter of 2013, CRR posted revenues of $201.5 million, an increase of 33% (or $50.3 million) compared to the same period the prior year, and net income of $30.1 million, or $1.31 per share, compared to $23.8 million, or $1.04 per share in the third quarter of 2012.
According to CRR , third quarter revenue set a new high for the Company, driven by strong demand for CRR 's high quality, high conductivity ceramic proppant, combined with market share gains.
CRR stock closed at $125.34, up $27.66 or 28.32%, with a volume of 2,993,218 shares on Thursday's trading session
CRR enhances oil and natural gas well production and recovery by providing technology products and services to design, build, and optimize fracs. CRR has the industry-leading fracture simulation software, is the world's largest producer of ceramic proppant, has proprietary technology it applies to proppant to aid in fracture diagnostics and production assurance, and provides consulting services for fracture and completion optimization. CRR also provides a range of technology solutions for spill prevention and containment.
More about CARBO Ceramics Inc. (NYSE:CRR) at www.carboceramics.com
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Crown Equity Holdings Inc. (CRWE)
Electronic commerce, commonly known as ecommerce or e-Commerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks.
eCommerce has created a world where product innovation transforms behavior, consumer experiences are virtually tailored, and brands decorate our social media.
It’s certainly no secret that more and more business is being conducted online each day. Consumers expect products and services to be instantly available, comparable and configurable to meet their needs online. The Web provides consumers with the instant results and fulfillment they demand from their shopping experience. But e-commerce is not strictly for B2C purchases; B2B customers have come to expect the same speed and simplicity associated with buying online.
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.
The B2B industry generates billions of dollars and thousands of jobs worldwide.
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.
CRWE has updated its membership driven online e-commerce venture business plan. The name of the business will be known as “iB2BGlobal”.
CRWE has been in contact with several high level IT companies in India to help support the project in the United States.
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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