(RTTNews) - Friday afternoon, Commonwealth Biotechnologies, Inc. (CBTE), a contract research organization, announced the nine months financial results, reporting a loss compared to a profit last year on lower revenues.
The Richmond, Virginia-based Commonwealth Biotechnologies turned to a nine months loss of $660 thousand or $0.20 per share from a net income of $106 thousand or $0.03 per share in the comparable quarter of the prior-year.
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(RTTNews) - Metallica Resources Inc. (MRB, MRB.TO) posted third quarter net loss of $604,777 or $0.01 per share compared to net income of $9.66 million or $0.12 per share in the prior year quarter. The decrease in net income of $10.26 million in the current period was primarily due to a onetime $10 million earn-in payment from Xstrata Plc in 2005.
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(RTTNews) - Friday, Hifn (HIFN), a provider of security processors for the networking and storage markets, said that its Chairman, President and Chief Executive Officer Christopher Kenber resigned.
The company has elected Albert Sisto, a member of the company's Board, as Chairman of the Board and will also serve as the company's interim Chief Executive Officer. Since 1998, Sisto has served as a director of Hifn. From June 1999 until May 2006, he was the President, Chairman and Chief Executive Officer of Phoenix Technologies Ltd.
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(RTTNews) - Friday, Wacoal Holdings Corp. (WACLY), a garments and apparels company, revealed six-month financial results, reporting increased profit on higher revenues and lower expenses.
The Kyoto, Japan based company's six month net income rose to Yen 6.2 billion or US$52.7 million from Yen 4.4 billion in the year ago period.
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(RTTNews) - Friday, Color Kinetics Inc. (CLRK) said that it has priced a public offering of 3.61 million shares of its common stock at $19.00 per share, for the net proceeds of $35.9 million. Of the 3.61 million shares, 2 million shares are offered by the company and the remaining shares are offered by selling stockholders. Certain of the selling stockholders have also granted the underwriters an option to purchase up to an additional 541,350 shares to cover any over-allotments. The company intends to use the net proceeds for working capital and general corporate purposes. The company will not receive any proceeds from the sale of shares by selling stockholders.
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(RTTNews) - Ralcorp Holdings (RAH) Finalizes Acquisition of Cottage Bakery.
