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 Globus Medical, Inc. (NYSE: GMED)
GMED reported that the Food and Drug Administration has granted Premarket Approval for the SECURE®-C Cervical Artificial Disc. Clinical data from a 380 patient investigational device exemption study demonstrate that SECURE®-C is statistically superior to anterior cervical discectomy and fusion in terms of overall success, subsequent surgery at the index level, device-related adverse events, and patient satisfaction at 24 months. 
Globus Medical, Inc. (NYSE: GMED) is a leading spinal implant company based in Audubon, PA. The company was founded in 2003 by an experienced team of spine professionals with a shared vision to create products that enable spine surgeons to promote healing in patients with spinal disorders. Additional information can be accessed at www.globusmedical.com. ****  NuStar Energy L.P. (NYSE: NS)
NS has closed on the sale of a 50% voting interest in its asphalt operations to an affiliate of Lindsay Goldberg LLC, a private investment firm. In conjunction with the sale, a joint venture was created that owns and operates NuStar?s asphalt refining assets, including asphalt refineries located in Paulsboro, New Jersey and Savannah, Georgia, and related working capital. NuStar and Lindsay Goldberg each have a 50% voting interest. 
At closing, Lindsay Goldberg paid NuStar $175 million for its interest in the joint venture and the joint venture purchased the inventory of the asphalt operations from NuStar based on current market prices. The joint venture funded the inventory purchase with borrowings under a third-party asset-based revolving credit facility and an unsecured revolving credit facility provided by NuStar. Initial cash proceeds received by NuStar as a result of this transaction, including the $175 million paid by Lindsay Goldberg, were approximately $270 million. This transaction should eventually allow NuStar to reduce its debt balances by $400 to $500 million, depending on the joint venture?s working capital requirements. NuStar intends to use the proceeds from this transaction for general corporate purposes including the repayment of outstanding borrowings under its revolving credit facility, working capital purposes and to finance potential future acquisitions. NuStar Energy L.P. (NYSE: NS) is a publicly traded limited partnership based in San Antonio, with 8,433 miles of pipeline; 82 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids; a fuels refinery with a throughput capacity of 14,500 barrels per day and a 50% voting interest in two asphalt refineries with a combined throughput capacity of 104,000 barrels per day. The partnership?s combined system has approximately 94 million barrels of storage capacity. One of the largest independent liquids terminal operators in the nation, NuStar has operations in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, the United Kingdom and Turkey. For more information, visit NuStar Energy L.P.'s Web site at www.nustarenergy.com. ****  Crown Equity Holdings Inc. (CRWE)
CRWE has launched two online service companies CRWE Direct (www.crwedirect.com) and CRWE Real Estate (www.crwerealestate.com). CRWE launched CRWE Real Estate to provide a global portal for property listings at a fee of only $1 a day. CRWE Real Estate mission is to empower consumers with information and tools to make smart decisions about homes, real estate and mortgages. CRWE Direct is an online business-to-business marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly. CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com. **** To view recent article please visit http://crweselect.com/30396/stock-alerts/forestar-group-inc-completed-acquisition-of-credo-petroleum-corporation-for-pii/ *********** THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crweselect.com/disclaimer).
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