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The Middleton Doll Company (OTCBB: DOLL | Quote | Chart | News | PowerRating) Shares traded down 42.11% at $0.11
The Middleton Doll Company and its subsidiaries engage in the design, distribution, and marketing of collectible and play dolls, as well as clocks and home decor products in the United States. It markets its products through a network of dealers and national retailers. The company was founded in 1980 and is headquartered in Waukesha, Wisconsin.
DOLL News Yesterday, The Middleton Doll Company announced that its shareholders approved a 1,000-to-1 reverse stock split of the Company's common stock followed by a 1-to-1,000 forward stock split, with the result that shareholders who hold fewer than 1,000 shares prior to the stock split transaction will have their partial shares cashed out at a price of $0.50 in cash per share on a pre-split basis. Shareholders who hold 1,000 or more shares prior to the stock split transaction will continue as shareholders of the Company following the stock split transaction. The stock split transaction is currently scheduled to take effect January 9, 2009. In conjunction with the stock split transaction, the Company intends to deregister its common stock and preferred stock under the Exchange Act, and, therefore, terminate its obligations to file reports with the Securities and Exchange Commission.
CH Lighting Intl. Corp. (OTCBB: CHHN | Quote | Chart | News | PowerRating) Shares stayed steady at $2.49
CH Lighting International Corporation, founded in 1994, is a diversified designer, manufacturer and exporter of more than 1,000 types of fluorescent lighting and related products. It is the leader in China in environmentally friendly special lighting products such as Air Cleaning Lamps, Power Saving Lamps and Plant Growth, Vision Improvement and Performance Improvement Lighting Products. Additionally, its General Light Products, which account for approximately 8% of China's linear fluorescent lamp manufacturing, make it the third largest manufacturer of these products in the country. While exports of the Company's products around the world continue to grow rapidly, it is increasingly focused on domestic sales, encouraged and supported by government policies aimed at reducing power consumption and improving the environment.
CHHN News Yesterday, CH Lighting reported significant gains in sales and net income for its fiscal year ended September 30, 2008. According to the Company, revenues in the year ended September 30, 2008 increased to $90,864,000, from $32,379,000 in the year ended September 30, 2007, a gain of approximately 181%. Reflecting the Company's decision to expand its innovative, environmentally friendly lighting products in the domestic Chinese market, sales in China grew 373.72% to $55,000,000 compared with $13,077,000 in the prior fiscal year. Over the same time, overseas revenue increased more than 83% from $19,302,000 to $35,454,000. The increase in net income in fiscal 2008 was dramatic, as it grew to $14,408,000 or $0.15 per share on 98,621,918 shares outstanding from $1,969,000 or $0.02 per share on 93,000,000 shares outstanding in the period ended September 30, 2007. Comprehensive income in the period ended September 30, 2008, reflecting foreign currency adjustments of $1,551,000 increased to $15,959,000 compared with $2,389,000 in the prior year period.
Tikcro Technologies Ltd. (OTCBB: TIKRF | Quote | Chart | News | PowerRating) Shares stayed steady at $0.48
Tikcro is a company traded on the OTC Bulletin Board. Tikcro has holdings in BioCancell Therapeutics, Inc., a clinical-stage biopharmaceutical company operating in the area of cancer treatment. Tikcro is headquartered in Tel Aviv, Israel.
TIKRF News Yesterday, Tikcro announced that its Annual General Meeting of Shareholders will be held on Tuesday, February 3, 2009 at 17:30 Israel time, at the offices of the Company, 126 Yigal Allon Street, Tel Aviv, Israel. The agenda of the meeting is as follows: (1) election of Eric Paneth and Izhak Tamir to our Board of Directors; (2) reappointment of Kost Forer, Gabbay and Kasierer, a member of Ernst & Young, as our independent auditors; and (3) consideration of our financial statements for the year ended December 31, 2007. Items 1 and 2 require the approval of a simple majority of the shares voted on the matter. Item 3 will not involve a vote of the shareholders. The record date for the meeting is January 1, 2009. Tikcro will send its shareholders-of-record a proxy statement describing the various matters to be voted upon at the meeting, along with a proxy card enabling them to indicate their vote on each matter.
China Wind Systems, Inc. (OTCBB: CWSI | Quote | Chart | News | PowerRating) Shares stayed steady at $0.46
China Wind Systems supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China. With its newly finished state-of-the-art production facility, the Company is expected soon to significantly increase its shipment of high- precision rolled rings and other essential components primarily to the wind power and other industries.
CWSI News Yesterday, China Wind Systems announced that the Company is currently undergoing equipment test runs at its new facility in Wuxi City and is scheduled to commence production of forged wind-power products in January 2009. The Company expects to begin producing product prototypes in January pursuant to preliminary agreements signed with several wind-power customers in September 2008. Upon satisfactory inspection of the prototypes - expected in January 2009 - China Wind Systems expects to sign purchase agreements and begin shipping orders immediately. The Company will produce forged rolled rings of up to 6.3 meters in diameter for use in wind turbine units with up to 5 megawatts (MW) capacity, as well as gear rims, flanges and shafts used in 1- 3 MW wind turbine units, whereas prior to production at this facility wind- power products were limited to forged rolled rings up to three meters in diameter for use in 1-3 MW wind turbine units.
SFSB Inc. (OTCBB: SFBI | Quote | Chart | News | PowerRating) Shares traded down 4.72% at $6.05
SFSB, Inc. operates as the bank holding company for Slavie Federal Savings Bank that provides various banking and financial services primarily in Baltimore County and Harford County, Maryland. Its deposit products include non interest bearing demand deposits, NOW accounts, savings accounts, money market accounts, and certificates of deposit. The company offers one-to four-family residential real estate loans, commercial mortgage loans, land and construction loans, commercial business loans, acquisition and development loans, and consumer loans, such as home equity loans, lines of credit, deposit account loans, home improvement loans, automobile loans, and overdraft protection loans. It also provides ATM, Internet banking, and bill pay services. The company is headquartered in Bel Air, Maryland. SFSB Inc. operates as a subsidiary of Slavie Bancorp MHC.
SFBI News Yesterday, SFSB entered into a Rule 10b5-1 repurchase plan with Sandler O'Neill & Partners, L.P. under which Sandler O'Neill will repurchase up to 53,552 shares on behalf of the Company as part of the Company's previously announced stock repurchase plan. Purchases by Sandler O'Neill will become effective on January 1, 2009 and will continue until the earlier of the date that all shares have been purchased or December 31, 2009. The Rule 10b5-1 repurchase plan allows the Company to repurchase its shares during periods when it would normally not be active in the market due to its internal trading blackout period.
Archon Corp. (OTCBB: ARHN | Quote | Chart | News | PowerRating) Shares traded up 1.79% at $14.25
Archon Corporation, through its subsidiary Pioneer Hotel, Inc., engages in the ownership, management, and operation of hotels and casinos in the United States. It operates the Pioneer Hotel & Gambling Hall in Laughlin, Nevada that consists of casino, as well as 416 motel rooms. Archon Corporation also owns real estate properties on Las Vegas Boulevard South in Las Vegas, Nevada; and investment properties in Dorchester, Massachusetts and Gaithersburg, Maryland that includes commercial office space. The company was founded in 1991 and is based in North Las Vegas, Nevada.
ARHN News Yesterday, Archon intends to engage in open market purchases of its own common stock commencing January 5, 2009 and continuing on various dates thereafter until it has purchased up to 5.00%, or 319,539 shares of Company common stock or until the Company earlier announces the cessation of its open market purchase program in any appropriate form. The Company intends to adhere to Rule 10b-18 as clarified by Release 33-8335 in conducting these open market purchases. This Rule and Release restrict the Company's manner, price and amount of acquiring its own common stock and also require that the Company periodically account for such purchases in tabular form in a chart to be included in its Series 10 filings (Report on Forms 10-K and 10-Q).
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