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Sun-Times Media Group, Inc. (OTCBB: SUTM | Quote | Chart | News | PowerRating) Shares traded up 5.56% at $0.095
Sun-Times Media Group is dedicated to being the premier source of local news and information for the greater Chicago area. Its media properties include the Chicago Sun-Times and Suntimes.com as well as newspapers and Web sites serving more than 200 communities throughout the Chicago area.
SUTM News Yesterday, Sun-Times Media Group reported a net loss in the third quarter ended September 30, 2008, of $168.8 million, or $2.04 per diluted share, compared with a loss of $192.4 million, or $2.39 per diluted share in the same period in 2007. The Company reported an operating loss of $227.8 million in the third quarter of 2008 compared with an operating loss of $23.2 million for the third quarter of 2007. The third quarter 2008 results reflect a 18 percent decline in advertising revenue and a 2 percent decline in circulation revenue compared with the same period in 2007.
Conmed Healthcare Management, Inc. (OTCBB: CMHM | Quote | Chart | News | PowerRating) Shares traded up 4.35% at $2.40
Conmed has provided correctional healthcare services since 1984, beginning in the state of Maryland, and currently services detention centers and correctional facilities in thirty-two counties in six states, including Washington, Oregon, Kansas, Virginia, Arizona and Maryland. Conmed's services have expanded to include mental health, pharmacy and out-of-facility healthcare services.
CMHM News Yesterday, Conmed Healthcare Management announced that it has acquired Maryland based Correctional Mental Health Services, LLC. CMHS provides behavioral health services to 13 counties in Maryland. The $2.2 million in total consideration consists of $1.8 million in cash, approximately 81,000 shares of CMHM stock, and assumption of certain other liabilities and expenses. The transaction closed on November 4, 2008.
ZAGG Inc. (OTCBB: ZAGG | Quote | Chart | News | PowerRating) Shares traded up 3.95% at $0.79
ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand name invisibleSHIELD. The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, big box retailers like Best Buy, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries.
ZAGG News Yesterday, ZAGG announced they will report the financial results for the third quarter of Fiscal Year 2008 ended September 30, 2008, on Friday, November 14th, 2008. ZAGG's financial information will be announced in two parts. The first part, a press release, will be scheduled for early morning Friday, November 14th. An investor conference call, the second part, will follow the same day at 11:00 a.m. MT/1:00 p.m. ET. ZAGG executives will be available to answer questions during the conference call.
Western Standard Energy Corp. (OTCBB: WSEG | Quote | Chart | News | PowerRating) Shares traded up 4.55% at $0.115
Western Standard Energy Corp. is an independent oil and gas exploration company, traded on the OTC BB under the ticker symbol WSEG. Western Standard has secured a portfolio of exploration properties throughout Montana and North Dakota.
WSEG News Yesterday, Western Standard Energy received confirmation from its operating partner Coastal Petroleum Co. that operations have been completed on the Federal 1-19 test well within the Starbuck East shallow gas prospect in Valley County, Montana. Western Standard has a 100% working interest in the well, with Coastal Petroleum Co., who has a 20% back-in working interest after payout. Commenting on the results of the most recent operations, which were intended to test the well in order to determine its commercial potential, Dan Bauer, President and Chief Executive Officer of Western Standard Energy Corp., stated, "This is a very disappointing result for the Company and no doubt, for its shareholders. Our management and advisors are now in the process of examining all of the data we have and are evaluating the Company's future participation in the Starbuck East prospect."
M&F Bancorp, Inc. (OTCBB: MFBP | Quote | Chart | News | PowerRating) Shares traded up 5.26% at $5.00
M&F Bancorp, Inc. operates as the holding company for Mechanics and Farmers Bank that offers a range consumer and commercial banking products and services in North Carolina. It provides various deposit products, including savings accounts, interest-bearing and noninterest-bearing checking accounts, demand deposits, NOW accounts, time deposits, and fixed interest rate certificates with varying maturities. The company?s loan portfolio includes automobile, home equity, home improvement, personal, residential mortgage, commercial real estate, construction, agricultural, and commercial loans. It also offers personal and commercial overdraft protection in connection with its checking accounts.
MFBP News Yesterday, M&F Bancorp reported net income for the three months ended September 30, 2008 of $0.1 million compared to $0.4 million for the three months ended September 30, 2007. Earnings per share on a fully diluted basis was $0.05 for the three months ended September 30, 2008 compared to $0.25 per share for the three months ended September 30, 2007. Net income was $1.3 million, or $0.69 per share, for the nine months ended September 30, 2008 compared to $0.9 million, or $0.55 per share for the nine months ended September 30, 2007. The results for the nine months ended September 30, 2008 reflect a year to date extraordinary gain of $1.8 million from the acquisition of Mutual Community Savings Bank, Inc., SSB (MCSB) in March 2008.
American Home Food Products (OTCBB: AHFP | Quote | Chart | News | PowerRating) Shares traded up 51% at $0.15
American Home Food Products, Inc. markets and distributes a line of specialty, artisanal, and farmstead cheese products and other related specialty food products in the United States. It offers its products under ?Artisanal Premium Cheese? brand name to food wholesalers and retailers, as well as directly to consumers through its catalog and Web site, www.artisanalcheese.com. The company is based in New York, New York.
AHFP News Yesterday, American Home Food Products announced that they are entering a new program to co-promote Artisanal Premium Cheeses at all 16 Viking Cooking Schools across the country. Seven Viking Cooking Schools have already begun scheduling classes featuring Artisanal Premium Cheeses. Artisanal continues to offer prepaid classes at its Manhattan Cheese Center and is undertaking a broader plan to market various products with the Cooking Schools arm of Viking Range Corporation. Attendees pay a fee to attend the classes and are granted a discount on products following the class as well as other merchandising allowances. The goal is to expand greater brand awareness of Artisanal and Viking and to make consumers across the country more familiar with the products the companies offer.
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