Warnaco Group, Inc. (NYSE:WRC) distributes its products primarily to wholesale customers through various distribution channels, including department stores, independent retailers, chain stores, membership clubs, mass merchandisers, and the Internet, as well as specialty, off-price, and other stores; and through dedicated retail stores. The Warnaco Group, headquartered in New York, is a leading global apparel company engaged in the business of designing, sourcing, marketing and selling men�s, women�s and children�s sportswear and accessories, intimate apparel, and swimwear under such owned and licensed brands as Calvin Klein�, Speedo�, Chaps�, and Warner’s� and Olga�.
The Warnaco Group, Inc. yesterday announced that its board of directors has approved a new multi-year share repurchase program for up to $200 million of the Company’s outstanding common stock. As of August 31, 2011, the Warnaco Group completed its previously announced 2010 share repurchase program, under which five million shares of common stock were repurchased. All repurchases of shares under the new program will be made consistent with the terms of the Warnaco Group’s applicable debt instruments.
The Warnaco Group, Inc., together with its subsidiaries, designs, sources, markets, licenses, and distributes a range of intimate apparel, sportswear, and swimwear worldwide. It offers sportswear for men, women, and juniors, including jeanswear, knit and woven shirts, tops, and outerwear; intimate apparel comprising bras, panties, sleepwear, loungewear, shapewear, and daywear for women, as well as underwear and sleepwear for men; and swimwear for men, women, juniors, and children, including swim accessories, and fitness and active apparel. Warnaco Group offers its products primarily under the Calvin Klein, Speedo, Chaps, Warner?s, and Olga brand names.
Warnaco Group, Inc. also operates 1 online swimwear store in the United States. Warnaco Group’s online stores include SpeedoUSA.com, Calvinkleinjeans.com, and CKU.com. The Warnaco Group was founded in 1874. As of April 2, 2011, Warnaco Group operated 512 Calvin Klein sportswear retail stores consisting of 108 full price free-standing stores, 54 outlet free standing stores, 349 shop-in-shop/concession stores, and 1 online store in the United States, as well as 372 retail stores operated by third parties under retail licenses or distributor agreements; and 931 Calvin Klein intimate apparel retail stores consisting of 91 full-price free-standing stores, 65 outlet free-standing stores, 774 shop-in-shop/concession stores, and 1 online store in the United States, as well as 198 Calvin Klein retail stores operated by third parties under retail licenses or distributor agreements.
For more information about The Warnaco Group, please visit www.warnaco.com
Lantronix Inc. (Nasdaq:LTRX) announced that the company will report financial results for its fiscal year ended June 30, 2011 on Thursday, September 15, 2011 after market close.
Lantronix, Inc. designs, develops, and markets networking and Internet connectivity products that are used to access, manage, control, and configure electronic products over the Internet or other networks.
Crown Equity Holdings, Inc. (CRWE)
VoIP (Voice over Internet Protocol) stands for Voice over Internet Protocol. As the term says, VoIP (Voice over Internet Protocol) carries audio signals (mainly human) through IP packets and is delivered through the Internet. VoIP (Voice over Internet Protocol) can use accelerating hardware to achieve this purpose and can also be used in a PC environment. IP is a well-known and heavily used protocol and is used in nearly all Internet transactions. It is a protocol that manages addressing and routing between networks and hosts.
VoIP (Voice over Internet Protocol) is becoming a key driver in the evolution of voice communications. VoIP technology is useful not only for phones but also as a broad application platform enabling voice interactions on devices such as PCs, mobile handheld, and many vertical-specific application devices where voice communication is an important feature.
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: “We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market.”
Crown Equity Holdings Inc’s selection of Core Link reflects recent diversification beyond CRWE’s original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients’ news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
Crown Equity Holdings Inc. together with its digital network currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
For more information, visit http://www.crownequityholdings.com
Avago Technologies Limited (Nasdaq:AVGO) announced that its Board of Directors has approved a quarterly interim cash dividend of $0.11 per ordinary share. The dividend is payable on September 30, 2011 to shareholders of record at the close of business (5:00 p.m.) Eastern Time on September 19, 2011.
Avago Technologies Limited designs, develops, and supplies analog semiconductor devices with a focus on III-V based products.
Numerex Corp. (Nasdaq:NMRX) a leading single source provider of secure machine-to-machine (M2M) products and services, announced the launch of FASTrack Fleet�, Numerex’s new complete solution for fleet and mobile asset management.
Numerex Corp. provides business services, technology, and products used in the development and support of machine-to-machine solutions for the enterprise and government markets worldwide.
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