Friends Sites >>

A wave of optimism - With five of its top six players returning, CNU looks to storm to a second straight USA South title
Alon USA beats analyst estimates
Banking on Greenwich - USA plans new area branch
Conference USA - Power Rankings
Conference USA Notebook - Escape artist
Danger City Usa Get Charlotte out of the top 10 crime cities in the nation
Hardy Classic selected as USA qualifying event
In the Hot Seat - The sky's the limit for U.S.A. Mr. Gay, Grant Ermis
InBev USA focuses on imports, 'experience' of drinking beer
Local developer's letter on Iraq war gets attention far beyond USA Today
Manufacturers target Inland Empire - Contrary to rumor, factories are humming with products made in the U.S.A
Morrison lifts USA East to early lead
Profits fall 15.5% at HSBC's U.S. units - Net income drops 5.7% at HSBC Bank USA
Red Rocks-ing in the USA
Richmond heats up for leasing - Affordability and availability attract significant attention from businesses, including Chevron USA
Tulsa at Houston - Top QBs will face off Tulsa's Smith, UH's Kolb are best in Conference USA

Dor Alon Energy in Israel (1988) Ltd. (TASE: DRAL) subsidiary Alon USA Energy Inc. (NYSE: ALJ), which coordinates the group's activities in the US, published its financial reports for the third quarter last night. The reports indicate continued growth beating analyst forecasts.

While analysts had forecast profit of $0.93 per share, the company surprised with a non-GAAP net profit of $46 million, or $1 per share, up from profit of $19.4 million in the corresponding quarter of 2005, or $0.45 per share.

The company's revenue rose 57 percent to $1.02 billion compared with analyst forecasts of $816.32 million. Analysts forecast earnings per share of $0.57 in the fourth quarter on $627.8 million revenue.

The company announced the distribution of a dividend of $0.04 per share to be paid on December14, with the ex date on November 1. Alon USA shares have fallen 30 percent since August on falling energy prices worldwide.