| Davis + Henderson Income Fund Reports Third Quarter 2007 Results; Announces Intention to Issue a Special Distribution ...
Davis + Henderson Income Fund reported increases in revenue and cash flow for the three and nine months ended September 30, 2007 as the positive impact of program enhancements, strong activity in the mortgage and real estate markets and, for the first half of the year, higher than anticipated cheque order volumes, combined to produce above-target performance. Today, Davis + Henderson declared a one-time special distribution of $0.20 per unit payable on November 30, 2007 to unitholders of record on November 15, 2007. The Fund also announced its intention to increase its distributions for the month of November 2007, payable on December 31, 2007, to $0.143 per unit (equivalent to $1.72 per unit annualized) subject to normal course regulatory requirements. This represents an 8.3% increase in the monthly distributions over distributions declared for the month of October 2007.
Acorn Factor, Inc. Announces Third Quarter Results and Highlights
MONTCHANIN, Del., Nov. 16 /PRNewswire-FirstCall/ -- ACORN FACTOR, (Nachrichten) INC. (BULLETIN BOARD: ACFN) today announced that its results for the quarter and nine months ended September 30, 2007. Highlights during and following the quarter include: -- In November, the Company purchased SCR-Tech from, for a purchase price of $9.6 million in cash. SCR-Tech is the leading provider of catalyst regeneration technologies and management services for selective catalytic reduction (SCR) systems used by fossil fuel-fired power plants to reduce nitrogen oxides (NOx) emissions and will operate as part of CoaLogix(TM), our newly established platform for participating in the burgeoning clean coal market. -- As of September 30, 2007 the Company "marked-to-market" all its Comverge shares which are all deemed to be unrestricted and "available for sale" under applicable accounting standards at that date, resulting in an increase in the carrying value of its investment in Comverge to its fair market value on that date of $91.5 million.
Building society-merger plan backed
CBS Canterbury and the Loan and Building Society have received independent backing for their merger proposal and say they will not be distracted by the possibility of a future super merger. The societies have played down any involvement of Auckland's Southern Cross Building Society (SCBS) in the merger process, saying the two-way tie-up will take a year to bed down. That could put a damper on the immediate aspirations of Southern Cross "Rich List" members Geoff Ricketts, Robin Congreve and Christopher Mace towards industry consolidation. The Ashburton-based societies are also keeping details of the appraisal reports which says the two-way proposal is fair private for the moment. "We do have to provide the shareholders with full detail but that will be done in due course ...
Papa John's Reports Third Quarter 2007 Earnings
Papa John's International, Inc. (Unaudited) � � � � Three Months Ended Nine Months Ended (In thousands, except per share amounts) Sept. 30,2007 Sept. 24,2006 Sept. 30,2007 Sept. 24,2006 � Revenues $ 262,775 � $ 239,692 � $ 779,655 � $ 723,634 � � Income from continuing operations before income taxes (1) $ 3,839 � $ 19,798 � $ 35,662 � $ 68,813 � � Net income $ 4,827 � $ 13,108 � $ 24,991 � $ 44,376 � � Earnings per share - assuming dilution $ 0.16 � $ 0.40 � $ 0.82 � $ 1.33 � � Weighted average shares outstanding - assuming dilution � 30,027 � � 32,583 � � 30,435 � � 33,296 � � EBITDA (A) $ 13,418 � $ 27,101 � $ 63,236 � $ 89,972 � � (1) See information below on a reporting unit basis that separately identifies the impact of consolidating VIEs on income from continuing operations before income taxes.
Discovery Labs Reports Third Quarter 2007 Financial Results
WARRINGTON, Pa., Nov. 6, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (NasdaqGM:DSCO - News), today announced financial results for the third quarter ended September 30, 2007. The Company will host a conference call today at 10:00 AM EST. The call in number is 866-332-5218. .
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