Intersections Inc. (Nasdaq:INTX) announced that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.15 per share. The dividend will be paid on June 10, 2011 to stockholders of record at the close of business on May 31, 2011. Since September 10, 2010, the company has paid dividends each quarter. Based on the closing price on April 21, 2011 of $15.02 per share, this represents an effective annual dividend yield of 3.99%.
Intersections Inc. provides branded and fully customized identity management solutions. The company was founded in 1996 and is based in Chantilly, Virginia.
National Health Partners, Inc. (NHPR)
Medical expenses are rising faster than the costs of any other service. They are climbing at rates that exceed not only those of inflation and dollar depreciation but even the Federal government itself. In fact, they are consuming an ever larger share of personal and national incomes.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna.
A few writers believe that the primary reason for rapidly rising costs of health care is a massive expansion of medical insurance which foots doctors and hospital bills. They like to use an inordinate terminology that diverts the reader from the actual causes.
In reality, the number of Americans with health insurance actually is declining; rising health-care costs and a declining number of employer-sponsored benefits are steadily reducing the number of insured Americans. At the present, some 47 million Americans are bereft of any coverage.
The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
National Health Partners, Inc. recently announced that it has signed a new agreement with a major marketing company that will significantly enhance the growth of its CARExpress membership base.
According to the Company, this deal, in combination with the previous partnership with Xpress Healthcare, will enable the company to build its membership base exponentially, initially generating in excess of an additional 2,000 new members per month. The new campaign is set to launch within the next few weeks and will provide a material positive impact on the company’s 2nd quarter sales.
National Health Partners anticipate that this new marketing agreement will provide a major impact on their overall sales not only for the 2nd quarter, but more importantly for the year. They look forward to building on the profits that they anticipate generating in 2011 that will be driven by substantial growth in sales of their CARExpress health discount programs. The combination of their substantial growth with their low price-to-equity ratio should reflect itself in the price of their stock over the coming months.
For more information about National Health Partners, Inc visit its website www.nationalhealthpartners.com
Asset Acceptance Capital Corp. (Nasdaq:AACC) reported results for the quarter ended March 31, 2011. Cash collections for the first quarter of 2011 increased 2.3% compared to the prior year period to $91.3 million. Excluding collections on healthcare portfolios, which were sold in the third quarter of 2010, collections increased 4.4%. First quarter revenues were $50.4 million, a decline of $1.2 million compared to the prior year period. Revenue on purchased receivables was $50.0 million during the quarter, a decline of $1.0 million from the prior year. The Company reported net impairments of $1.1 million on purchased receivables versus net impairments of $0.1 million in the prior year period.
Asset Acceptance Capital Corp., together with its subsidiaries, engages in the purchase and collection of defaulted and charged-off accounts receivable portfolios from consumer credit originators in the United States.
Susser Holdings Corporation (Nasdaq:SUSS) said it expects to report same-store merchandise sales growth for the first quarter of 2011 of approximately 5.6 percent. Retail average per-store fuel volumes are expected to increase by 3.2 percent year-over-year. Susser will release its first quarter 2011 financial and operating results on Wednesday, May 11, before the market opens. In conjunction with the release, the Company has scheduled a conference call that will be broadcast live over the Internet the same day at 11 a.m. Eastern Time.
Susser Holdings Corporation, together with its subsidiaries, operates convenience stores and distributes motor fuels in Texas, New Mexico, Oklahoma, and Louisiana. The company operates through two segments, Retail and Wholesale.
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