TAXS, DB, - DrStockPick.com Stock Update! - TaxMasters, Inc. and Deutsche Bank AG

DrStockPick.com is pleased to announce its Daily Stock Update!
By: Arnu Saucedo
 
June 11, 2010 - PRLog -- DrStockPick.com is pleased to announce its Daily Stock Update!

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TAXS, TaxMasters, Inc., TAXS.OB

TAXS, the IRS tax relief company, is the first publicly traded tax resolution firm in the United States.

Started by Patrick R. Cox in 2001, TAXS offers services and counsel to taxpayers across the country facing seemingly insurmountable tax problems, and relief from substantial federal tax debt. Employing over 300 people, TAXS leverages the expertise of ex-IRS agents, enrolled agents, attorneys, CPAs, and seasoned tax consultants ready to counsel and assist every day people with their specific tax problems.

** Recently, TAXS reported its financial results for the first quarter ended March 31, 2010.

For the first quarter of 2010, TAXS net revenue increased 56.1% to approximately $11.3 million, compared to approximately $7.3 million for the first quarter of fiscal 2009. Total operating expenses for the first quarter of 2010 were approximately $9.9 million, an increase of 62.9% compared to $6.1 million for the same period in 2009.

For the first quarter of 2010, TAXS reported net income from operations of approximately $1.5 million, an increase of approximately 20% compared to approximately $1.2 million for the same period in 2009. The increase was attributable to the increase in revenue offset by increases in compensation costs and advertising expenses.

For the quarter ended March 31, 2010, TAXS reported net income of approximately $0.9 million, versus net income of approximately $1.2 million for the first quarter of fiscal 2009. The decrease in net income for the first quarter of 2010 compared to the same period in 2009 is mainly due to the tax expense of $0.5 million for the first quarter of 2010.

More about TaxMasters at www.txmstr.com

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DB, Deutsche Bank AG

DB is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets.

** DB recently reported its appointment as depositary bank for the sponsored Level I American Depositary Receipt (ADR) program of Ipsen S.A. (EURONEXT: IPN).

Ipsen’s ADRs will trade OTC, the symbol is IPSEY. The company’s ordinary shares are listed on Compartment A on Euronext Paris under the symbol IPN (ISIN code: FR0010259150). Ipsen’s shares are eligible for the “Service de Règlement Différé” (“SRD”) and is part of the SBF 120 index. Each ADR represents one-quarter of one ordinary share.

Ipsen is a global biopharmaceutical group with total sales in excess of 1 billion euros in 2009 and a total worldwide staff of more than 4,400. Ipsen’s products include specialty care drugs in oncology, endocrinology, neurology and hematology, as well as primary care drugs. Ipsen has research and development centers and peptide & protein engineering platforms which are dedicated to the discovery and development of innovative drugs for patient care.

More about DB at www.db.com

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About DrStockPick.com


DrStockPick.com is a stock watch website, a Crown Equity Holdings, Inc. division that provides free daily alerts on stocks. DrStockPick.com's alerts are daily e-mail on stocks that are hot in the market. These include stocks with huge volume, penny stocks, stocks with technical indicators and much more. DrStockPick.com also tracks small cap stocks that are on the brink of moving upwards. DrStockPick.com also features companies on its website with research report, analysis, and  newsletters.


DrStockPick.com is an independent electronic publication that provides information on selected publicly traded companies. DrStockPick.com is not a registered investment advisor or broker-dealer.

DrStockPick.com and Crown Equity Holdings, Inc., affiliates, officers, directors, contractors and employees, including may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own Due Diligence before investing in any of the stocks mentioned above.


THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Please do your own Due Diligence before investing in any of the stocks mentioned above. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our sites, stock alerts, watch list or joining our email list. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received four thousand dollars from a third party (Marshall Curtis) for 30 days of advertisement for services for Tax Masters Inc.(TAXS.OB) which has expired. Crown Equity Holdings, Inc. has received an additional four thousand dollars from the same third party (Marshall Curtis) for an additional 30 days of advertisement services. Full disclaimer can be read at www.DrStockPick.com.

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DrStockPick.com and Crown Equity Holdings, Inc. affiliates and associates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Crown Equity Holdings, Inc. encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and  DrStockPick.com makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies.

Forward Looking Statement

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements and changing price and market conditions. No assurance can be given that these are all the factors that could cause
actual results to vary materially from the forward-looking statements. Therefore, you should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.


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Source:Arnu Saucedo
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Tags:db, deutsche bank AG, Taxmasters, Taxs, Taxs Ob
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