|
|
|
Real Estate News Releases
|
(EMAILWIRE.COM, October 30, 2009 ) Windsor, Ontario – Thepennystockpicks.com is an online financial publication, provides investors timely penny stock market alerts. If you are interested in penny stocks that are poised to breakout sign up for our free penny stock newsletter. Each day we send out alerts on different hot penny stocks. For more FREE ALERTS SIGN UP AT http://www.thepennystockpicks.com
Libbey Inc. (LYBI) today reported net income of $3.5 million, or $0.23 per diluted share, for the quarter-ended September 30, 2009, compared to a net loss of $6.0 million, or $0.40 per diluted share, in the prior-year third quarter. Net sales were $186.9 million in the third quarter of 2009, compared to $211.5 million in the prior-year third quarter.
John F. Meier, chairman and chief executive officer, commenting on the quarter said, "During the third quarter, we continued our solid success in cash flow generation for the year, resulting in increasingly improved liquidity." Mr. Meier added, "Our U.S. retail shipments again led the way during the third quarter, as sales in this channel increased over nine percent compared to the third quarter of 2008. As a result of overall increases in demand, primarily in North America, we also benefited from increased capacity utilization in all three North American glass factories during the third quarter of 2009. These factors, along with the continued success of our cost reduction program, allowed us to generate $31.9 million in normalized EBITDA during the quarter."
The company previously close at $4.20 in the last trading session. The company hit a 52 week high of $5.34 in early trading.
Dynasil Corporation of America (DYSL.OB) yesterday announced that Mr. Kenneth P. Morse, founding Managing Director of the MIT Entrepreneurship Center has signed an agreement to assist in the commercialization of DynasilÂ’s extensive research and technology portfolio.
Dynasil Chairman, Mr. Peter Sulick stated, "We are extremely excited that Ken will be providing us with his expertise on a regular basis. Having someone well schooled in technology innovation and entrepreneurship fits in very well with the potential we see in the commercialization of our intellectual property, the byproduct of our growing contract research.”
Dynasil CEO, Mr. Craig Dunham, added, “With Ken’s active assistance and access to his networks, we believe we are better positioned to commercialize our technology portfolio. This has become a major focus for our future, and we believe we can accomplish this while also maintaining our current uninterrupted record of significant and profitable growth.”
The company matched a 52 week high of $2.75 in early trading on light volume.
About Thepennystockpicks.com
Thepennystockpicks.com alerts its members on any stocks from penny stocks to NASDAQ stocks. Our penny stock forum offers free penny stock trading videos, trading software and penny stock broker reviews to our members. Our investing forum has discussions on hot penny stocks to long term investments. All the penny stocks that we alert on have above average trading volume, strong news and penny stocks that are moving to the upside quickly. Our penny stock newsletter is great for investors who are starting in the stock market and want a place for information. If you are interest in seeing hot penny stocks and want free penny stock picks come visit http://www.thepennystockpicks.com for a free membership. We also track small cap companies and other stocks that may be positioned to break out. Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above.
Please click here to read the full disclaimer at http://www.thepennystockpicks.com/disclaimer/
Resultz Media
Michael Ryan
877-301-9737
staff@thepennystockpicks.com 
|
|
|
|
Real Estate News by Sector
|
|
|
|
|
