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Business News on August 4, 2012

Doxen Signs MOU for Acquisition of Chongqing Tongyuan
Doxen Energy Group Limited ("Doxen" or the "Group") (HKEx: 668) today signed a memorandum of understanding (MOU) with the vendor to acquire 62% equity interest in Chongqing Tongyuan Real Estate Development Co., Ltd. ("Chongqing Tongyuan"). ChongqingTongyuan has recorded a satisfactory profit in 2011 ACN Newswire

Correction: Equity Briefing: ZAGG Second Quarter Earnings Announcement
Yesterday, Equity Briefing incorrectly reported that Zagg (NASDAQ: ZAGG) reported $0.18 earnings per share (EPS) for the second quarter, missing the consensus estimate of $0.19 by $0.01. Thomson Reuters' consensus estimate was actually $0.18 per share, meaning that Zagg met the consensus estimate. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients ACN Newswire

Flowserve to Present at Jefferies 2012 Global Industrial and A&D Conference
Dallas, August 3, 2012 - Flowserve Corp. (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it will be presenting at the Jefferies 2012 Global Industrial and A&D Conference in New York on August 7, 2012, beginning at 8:30 a.m. EST ACN Newswire

Orinda Annual Classic Car Show Supports Seniors' Ride Program
On Saturday, September 22nd from 10 a.m. - 2 p.m., Orinda, CA will host the 8th Annual Orinda Classic Car Show. This free event, presented by Orinda Motors, continues to delight car fans and it almost solely funds the "Seniors Around Town" transportation service, an Orinda Association program, in addition to the other charities it supports. MarketWire

Holiday Systems International CEO Craig Morganson Speaks Regarding U.S./Mexico Travel and Tourism
Holiday Systems International is one of the few elite signature sponsors of the American Resort Development Association (ARDA) World Convention and Exposition, which was recently held at the Venetian Resort Hotel & Casino in Las Vegas. Holiday Systems International was also the proud sponsor of the Awards Gala for the 11th consecutive year. MarketWire

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