Crown Equity Holdings Inc. (OTCBB:CRWE) announced in a recent press release that it is expanding its business by opening another office in Pakistan. This office will be located in the city of Attock, Pakistan. This office will add an additional workforce of 25 associates to its CRWENewswire team, which will increase the company's up to date news and world affairs from the Mid-East, Far East and Europe online news wires.
The new office in the city of Attock, as well as the office in Islamabad will be managed by Zeeshan Shabbir.
Crown Equity Holdings is in the process of developing its Arabic language CRWENewswire site for news occurring in Pakistan and elsewhere around the world.
As always, I am thrilled to increase our team of correspondents to offer our readerships a global perspective on top stories. said Kenneth Bosket, President of Crown Equity Holdings Inc.
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S&T Bancorp, Inc. (Nasdaq:STBA), a full-service financial institution with office locations in 10 Pennsylvania counties, has announced its third quarter earnings.
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Todd D. Brice, president and chief executive officer of S&T Bancorp, Inc., offered the following highlights:
* Third quarter earnings were $10.9 million, an increase of 39% from the prior quarter, with diluted earnings per common share of $0.39 compared to $0.28 in the second quarter of 2010 and $0.28 in the third quarter of 2009.
* Mortgage banking activities resulted in net revenue of $1.6 million in the third quarter of 2010 compared to $0.2 million in the second quarter of 2010.
* Nonperforming assets remain stable at 2.45% of total loans plus OREO compared to 2.41% in the second quarter of 2010 and down from 2.64% in the third quarter of 2009.
* Net interest margin increased to 4.09%, an improvement of four basis points from the prior quarter and 15 basis points from the third quarter of 2009.
S&W Seed Company (Nasdaq:SANW) today provided a status report related to its progress in developing stevia leaf production in California on a commercial scale in support of U.S. demand for stevia leaf, the source of an all-natural, non-caloric sweetener used by major food and beverage manufacturers worldwide. S&W also announced that it has retained renowned stevia pioneer Clinton C. Shock, PhD to direct the Company's stevia plant breeding program, targeted at developing superior varieties of stevia.
BAI 2010 Retail Delivery, Booth #1053 -- S1 Corporation (Nasdaq:SONE), a leading global provider of payments and financial services software solutions, today announced that more than 35 customers across three continents have licensed the S1 Mobile application. In addition, S1 mobile-enabled customer applications are available on the App StoreSM for the following financial institutions: Trustmark, Mercantile Bank of Michigan, First Community Bank, and Ventura County Credit Union.
According to Jupiter Research, "the number of mobile subscribers who use their phones for mobile banking will exceed 400 million globally by 2013, which is double the number of users this year." As mobile banking popularity and usage continues to increase, the need for financial institutions to offer compelling and convenient mobile banking and payments applications is vital to support a customer base that is managing more of their daily lives with mobile smart devices. In order to meet that demand, S1 continues to focus on delivering rich new features and applications. S1's banking customers can enhance their mobile banking and payments offerings with an iPad(R) and Blackberry(R) application and a personal payments feature through a relationship with PayPal(TM).
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