As another day of trading begins it is important for investors to consider taking a look at some of the stocks which are in the news. Only those investors who are abreast of the latest news can hope to have any kind of sustained success in the long run. This morning there are some stocks that have come into the news cycle as well and this article is going to provide you with a quick look into those.
Houston Natural Resources Corp (OTC:HNRC) – This morning Houston Natural Resources Corp announced its financial results for the first fiscal quarter for the period ended March 31, 2023. The revenues for the three months stood at $4,178,580 and that reflected a year-on-year rise of 17%. The company generated total earnings of $2,660,713 for the period and that worked out to a year-on-year boost of 32%.
The total assets under the company’s control at the end of the period went up by 25% year on year to hit $92839255. Earnings per share for the quarter were $0.03 against $0.02 in the year-ago period.
Marketing Worldwide Corporation (OTC:MWWC) – Marketing Worldwide Corporation recently made a move into the entertainment and media space. This morning the company announced that it was moving ahead with its television series ‘Hollywood After Dark’. It also announced that it was also going to release its first pay per view event titled ‘Afrobeats’.
The company further noted that there had been no delays in the pre-production stages of its television show ‘Hollywood After Dark’ due to the current writers’ strike. The show would not need anything written in advance and hence, it did not face any trouble.
BlockQuarry Corp (OTC:BLQC) – BlockQuarry Corp is based out of Texas and involved in the infrastructure and energy industry. This morning it announced that it had completed the acquisition of Blockchain Energy Services LLC, a subsidiary unit of Pantheon Resources Inc. BlockQuarry acquired all the issued and outstanding shares in Blockchain Energy.
Blockchain Energy is engaged in the development of a data processing site in the state of Missouri which is specifically meant for the cryptocurrency mining and artificial intelligence industries.