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Monthly Archives: March 2010

American Railcar Industries, Inc. (ARII) Reports Increase in Fourth Quarter Net Income Due To Investment Gain

American Railcar Industries, Inc. reported a sharp drop in earnings and revenue for the fourth quarter of 2009, excluding the impact of investment gains, as the company’s operations suffered from a sharp drop in orders for railcars. American Railcar Industries, … Continue reading

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American Safety Insurance Holdings, Ltd. (ASI) Reports Increase in Book Value

American Safety Insurance Holdings, Ltd. reported net income of $6.9 million, or $0.65 per diluted share, for the fourth quarter of 2009. This was a vast improvement from the loss of $8.2 million, or $0.80 per diluted share, in the … Continue reading

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Dana Resources, Inc. (DANR) to Acquire Silver Mine

Dana Resources, a U.S. based precious metals exploration and development company, with offices in Peru, today announced signing of a Letter of Intent to acquire the Chota Silver Mine, located in Peru. Under the agreement, Dana would be granted 100% … Continue reading

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General Moly, Inc. (GMO) Awaits BLM Recommendations, Chinese Concern Considering Full Funding

Having a deep pocketed investor and customer waiting in the wings is always an advantage when a company is working in a less than certain marketplace. It is also an advantage if this investor typically take the long view and … Continue reading

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China Armco Metals, Inc. (CNAM) Enters into Scrap Steel Supply Contract with Chinese Steel Producer

China Armco Metals Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals in China. It also is a metal recycler in China. The company maintains customers throughout China which include the fastest growing steel producing … Continue reading

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IBERIABANK Corp. (IBKC) Prices Common Stock Offering

IBERIABANK Corporation priced an offering of 5.2 million shares of its common stock at $57.75 per share, raising gross proceeds of $300 million. The bank said that after offering expenses and commissions, the net proceeds would be approximately $286 million. … Continue reading

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SinoCoking Coal and Coke Chemical Industries, Inc. (SCOK) Expands Production

SinoCoking Coal and Coke Chemical Industries, Inc. has broken ground on the construction of its new state-of-the-art coking facility in Pingdingshan city, Henan Province, in east central China. The eventual cost of the new coking plant is expected to be … Continue reading

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Cano Petroleum (CFW) Updates Oil and Gas Operations

Cano Petroleum reported average production of 1,189 net barrels of oil equivalent per day for the fourth quarter of 2009, ending December 31, 2009. This represented a decline of 1.2% compared to the average production of 1,203 net barrels of … Continue reading

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China Gengsheng Minerals, Inc. (CHGS) Starts Trading on the NYSE Amex Exchange

China Gengsheng Minerals, Inc., a leading developer and manufacturer of a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants, and fine-precision abrasives, recently announced that the company has received approval to list its common … Continue reading

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UFP Technologies, Inc. (UFPT) Announces Strong 2009 Results

UFP Technologies Inc. is a leading designer and manufacturer of interior protective packaging solutions using molded fiber, vacuum-formed plastics along with molded and fabricated foam plastics. The company also designs and manufactures engineered component solutions using laminating, molding and fabricating … Continue reading

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