China Armco Metals Reports Record Financial Results for the First Nine Months of 2008
China Armco Metals, Inc. (OTC BB:CNAM.OB), a distributor of imported metal ore and a growing scrap metal recycler, today announced the Company’s financial results for the third quarter of 2008. Financial Highlights
1) 3rd quarter net income increases to a $1.4 million versus a loss of
$1.9 Million in the 3rd quarter of 2007
2) 3rd quarter diluted EPS climbs to $0.15 versus a loss of $(0.26) in
the 3rd quarter of 2007
3) Revenue for first nine months of 2008 increases to a record $43.2
million
4) EPS for First Nine months climbs to a record $0.48 per share
CNAM currently at $3.00.
Specialized Health Products Agrees to Be Acquired For $68.4 Million by C. R. Bard, Inc.
Pennyheaven Super 7 pick Specialized Health Products (SHPI) has agreed to be aquired by C.R. Bard Inc, (BCR) for $68.4 million in cash, or $1.00 per share.
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RBC Reports Record 2007 Earnings
IRVING, Texas–(BUSINESS WIRE)–RBC Life Sciences, Inc. (OTCBB: RBCL – News) today announced that net sales for the year-ended December 31, 2007 increased 25 percent to $27.0 million, compared to net sales of $21.7 million for the year-ended December 31, 2006. The Company’s net earnings for 2007 improved more than 280 percent to $1.7 million, or $0.08 per diluted share, compared to net earnings of $436,000, or $0.02 per diluted share in 2006.
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ACIE
Acies Corporation ACIE (.10) Announces Record Fiscal 2006 Third
Quarter Financial Results
For the fiscal third quarter, Acies reported net revenues of $2,716,075, which represents a 134 percent increase over net revenues of $1,160,607, reported in the year-ago period.
SWEB
Stockgroup Information Systems, Inc SWEB (.29) announced today that it expects to release it fourth quarter and year-end results on 3/20/2006 at 9:30 AM EST.
Stockgroup expects to achieve record fourth quarter revenue between US$1.75 million and US$1.80 million, an increase of approximately 31% over Q3 2005. The increase in revenue over Q3 2005 largely came from the Advertising business segment. In addition, Stockgroup expects to maintain gross margins of 78% in Q4, with estimated net income for the quarter between US$50,000 and US$80,000. Under the Company’s share buy back program, Stockgroup has purchased an additional 313,000 shares in the fourth quarter bringing the total to 690,050 shares for US$260,500, year to date.
A conference call and webcast will be held on Monday, March 20 at 4:05 PM EST
to discuss the fourth quarter and year end results.
About Stockgroup Information Systems Inc. As an online media company, Stockgroup Information Systems provides a complete financial data source for investors, investment advisory firms, press and media organizations as well as access to specific demographics for advertisers. Stockgroup owns and operates the StockHouse media properties, http://www.stockhouse.ca/ and http://www.stockhouse.com/.
33,8325,296 s/o as of 11/14/05
To find out more about Stockgroup (OTCBB: SWEB, TSX-V: SWB), visit website at: www.stockgroup.com.
