EVCA.ob Update, BIDU Rings Bell, AKAM Financial Report - PennyToBuck.com

Aug. 3, 2010 - PRLog -- EVCARCO, Inc. (OTCBB- EVCA.OB)

EVCA.ob an alternative fuel automobile franchiser is expanding their business model to markets in South America. The company’s board of directors recently approved the base of operations for Bogota, Colombia.

EVCA.ob’s move to launch its operations in South America came in reaction to a large demand for its electric vehicles which was not only received from the private sector but the company also received a substantial number of government requests to supply their electric vehicles.

CEO Dale Long commented on the demand of South American Market that “The environment is a global problem which is why we are looking at areas that need our products the most, when we look at Mexico City, Mexico with a 28 million population or Lima, Peru, we see huge requirement for real World Solutions, which is why we are now poised to enter the market.”

About EVCARCO

EVCARCO  is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.



Baidu Inc.  Celebrates Five Year Anniversary With a Remote NASDAQ Opening Bell From Beijing, China.

Robin Li, Founder, Chairman & CEO Celebrates Baidu's Achievements as NASDAQ's Largest Chinese Listed Company With a Celebratory Bell Ringing Ceremony.

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Akamai Technologies, Inc. , the leading provider of cloud optimization services, recently reported financial results for the second quarter ended June 30, 2010.  Revenue for second quarter 2010 was $245.3 million, a 20 percent increase over second quarter 2009 revenue of $204.6 million, and a 2 percent increase over first quarter 2010 revenue of $240.0 million.  

   * Revenue of $245.3 million, up 20 percent year-over-year


   * GAAP net income of $38.1 million, or $0.20 per diluted share, up 6 percent year-over-year


   * Fully taxed normalized net income* of $65.0 million, or $0.34 per diluted share, up 18 percent year-over-year

Net income in accordance with United States Generally Accepted Accounting Principles, or GAAP, for the second quarter of 2010 was $38.1 million, or $0.20 per diluted share, a 6 percent increase from second quarter 2009 GAAP net income of $36.0 million, or $0.19 per diluted share, and a 7 percent decrease from first quarter 2010 GAAP net income of $40.9 million, or $0.22 per diluted share.

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