August 12, 2009 4:10 PM
Small Cap News Movers for 8/12/09
Paulson Capital Corp. (NASDAQ: PLCC), parent company of Paulson Investment Company, Inc., today reported a net profit for the six months ended June 30, 2009 of $1,041,918 (or $0.18 per share) versus a net loss of $6,958,622 (or ($1.16) per share) for the same period in 2008. Revenues for the six month period 2009 totaled $9,342,770 versus negative revenues of $1,029,691 for June 30, 2008. The stock closed at $2.51, up 100.75%, on 127,497 traded shares.
SeraCare Life Sciences, Inc. (NASDAQ: SRLS) today reported profitable operational and financial results for its third quarter of fiscal year 2009 ended June 30, 2009. For the third fiscal quarter, the company had a net income of $0.7 million and earnings per share on a basic and diluted basis of $0.04 compared to a net loss of $0.6 million and a loss per share on a basic and diluted basis of $0.03 during the same period in 2008. The stock closed at $2.27, up 36.09%, on 357,963 traded shares.
ADC (NASDAQ: ADCT) today announced that it is expanding the scope of a previously announced restructuring initiative in the Europe, Middle East, Africa (EMEA) region to include the United States, Latin America and the Asia Pacific region. This expanded initiative is intended to better align ADC’s business with changing macro-economic and market conditions and enable the company to meet the needs of its global customer base more efficiently and effectively. The stock closed at $8.92, up 29.28%, on 17,783,605 traded shares.
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