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Phoenix Reports Financial and Operational Results for the Three-Month Period Ended March 31, 2009 CALGARY, ALBERTA--(Marketwire - May 5, 2009) - Phoenix Technology Income Fund (TSX:PHX.UN) is pleased to report on its financial and operating results for the three-month period ended March 31, 2009. As expected, customer demand for the Fund's services in North America declined due to low commodity prices caused by the state of the global economy. Revenue for the three-month period ended March 31, 2009 decreased by 15 percent to $35.5 million from $42.0 million in the 2008 period. Consolidated operating days for the three-month period ended March 31, 2009 decreased by 23 percent to 3,299 days as compared to 4,275 days in the 2008 period. Market WireCedar Fair deepens 1Q loss, pays down debt The operator of the Cedar Point and King's Island amusement parks told investors Tuesday that its losses deepened in the first quarter, the slowest period of the year for Cedar Fair LP. (FUN) Biz JournalComment: As long as there are people with more money than sense this asset class should thrive Most modern art fails the skip test; as in you wouldn't take the stuff home if you found it in one. But the same is true of art from any period. Most of it is rubbish. TelegraphPinetree Capital Ltd. Acquires Securities of Canaco Resources Inc. TORONTO, ONTARIO--(Marketwire - May 5, 2009) - Pinetree Capital Ltd. (TSX:PNP), announces that on April 10, 2009, it acquired ownership of 2,500,000 common shares ('Common Shares') of Canaco Resources Inc. ('Canaco') and 1,250,000 common share purchase warrants (the 'Warrants'). Each Warrant entitles the holder to purchase one additional common share for a period of two years, at a price of $0.07 per share until April 10, 2010, and thereafter at a price of $0.10 until April 10, 2011. In the event that the Warrants are fully exercised, these holdings represent approximately 7.3% of the total issued and outstanding common shares of Canaco as of April 10, 2009. As a result of this transaction, Pinetree held, as at April 10, 2009, an aggregate of 5,000,000 common shares of Canaco and rights to acquire an additional 2,000,000 common shares of Canaco upon the exercise of convertible securities (collectively, the 'Convertible Securities'), including the Warrants. In the event that the Convert Market WireH2O Innovation to Hold a Conference Call and Webcast: Financial Results for Q3 2009 QUEBEC CITY, QUEBEC--(Marketwire - May 5, 2009) - H2O Innovation Inc. ('H2O Innovation' or the 'Company') (TSX VENTURE:HEO)(ALTERNEXT:MNEMO:ALHEO) announces that the financial results for the third quarter 2009 ended March 31, 2009 will be released on Wednesday, May 13, 2009, at approximately 8 a.m. (EDT). H2O Innovation will hold a conference call at 10:30 a.m. (EDT), on the same Wednesday, May 13, 2009 to review the financial results for the third quarter. The call will begin by a short presentation by Management which will be followed by a question-and-answer period. Market WireRents declining in Italian office market, says Gabetti Corporate (IT) Over the past year a reduction in office rents has started to set in in Italy according to Gabetti Corporate. In the wake of a period of strong growth which characterized the years 2000 to 2002, rents continued to rise even if at more modest rates in the major Italian cities up until 2007, when values peaked. By the end of 2008, on a national level, rents registered a reduction of around 7% with respect to a year before. Milan (-7.7%) and Rome (-7.1%) were in line with the national trend, while Europe REAlaris Royalty Corp. Releases First Quarter Financial Results CALGARY, ALBERTA--(Marketwire - May 5, 2009) - Alaris Royalty Corp. (TSX:AD) ('Alaris' or the 'Corporation') today announced its results for the three months ended March 31, 2009. Revenues for the three months ended March 31, 2009 were $4.60 million compared to $4.68 million in the prior year period - the decrease of 1.7% was due to the net impact of performance adjustments to the annual royalties. The Corporation recently announced annual distribution increases for LifeMark Health effective January 1, 2009 and for MEDIchair effective October 1, 2008 and a decrease to the annual distribution from LMS Reinforcing Steel Group effective January 1, 2009. The fourth Private Company Partner (as defined below) End of the Roll, has an annual reset date of May 1st coinciding with its fiscal year-end. Market WireVolatility Adapting Forex Robots Show Promise Forex trading is generally characterized by periods of high volatility followed by periods of lower, more normalized volatility. On the other hand, periods of very low volatility are often followed by periods of higher volatility. The new adaptive Forex robots, with artificial intelligence, can recognise the difference and trade either market using the appropriate strategy. E-ZineImmuCell Announces Financial Results for First Quarter of 2009 PORTLAND, ME--(Marketwire - May 5, 2009) - ImmuCell Corporation (NASDAQ: ICCC) today announced the results of its operations for the three-month period ended March 31, 2009. For the three-month period ended March 31, 2009, product sales decreased by 10%, or $171,000, to $1,460,000 in comparison to the same period in 2008. 'In the current global economic crisis, dairy producers have been hit with significant declines in milk revenue,' commented Michael F. Brigham, President and CEO. 'We appreciate the volume of business that we have maintained during these times when our customers are being forced to cut costs wherever possible to stay in business.' Market WireDoes rising confidence mean worst of the recession is over UK businesses increasingly believe that the country will avoid a period of deflation and rising confidence suggests the worst of the recession could be over. An index of UK companies’ optimism ... BBC1 2 |
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