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 Today's
Canadian Penny Stocks in play
4:57 PM
EST
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Tembec Inc. : announced today the closing of the sale of its NBSK pulp mill and related assets located in Skookumchuck, British Columbia to Paper Excellence Canada Holdings Corporation. Total consideration for the transaction is $94.6 million, including $25.5 million in working capital. The purchase price remains subject to closing working capital adjustments. Tembec will use the cash proceeds to pay down revolving operating debt and for general corporate purposes.
Companies mentioned in this penny stock in play include:
Tembec Inc. (TMB:CA) is trading up $0.04 at $3.06.
4:56 PM
EST
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Xylitol Canada Inc. : announced that it has released its financial and operating results for the three months ended March 31, 2013. For the quarter, sales increased by 22% to $1,103,003, compared to the three months ended March 31, 2012. Gross profit increased by 15% to $373,679, compared to the three months ended March 31, 2012.
Companies mentioned in this penny stock in play include:
Xylitol Canada Inc. (XYL:CA) is trading even at $0.20.
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Today's
American Penny Stocks in play
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4:54 PM
EST
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InterCloud Systems Inc. : announced financial results for the first quarter ended March 31, 2013. Revenue for the first quarter ended March 31, 2013 increased by $10.9 million, or 716%, to $12.4 million, compared to $1.5 million for the first quarter of 2012. The increase in revenue is attributable to the revenue generated by the three companies acquired in 2012. Gross profit for the first quarter of 2013 totaled $3.6 million compared to $0.6 million for the first quarter of 2012. Net loss for the first quarter of 2013 was $1.05 million, or $0.50 per share, compared to a net loss of $0.33 million, or $.25 per share, in the first quarter of 2012. Adjusted EBITDA for the first quarter of 2013 was $0.85 million, or $0.41 per share, compared to $(0.20) million, or $(0.15) per share, for the first quarter of 2012.
Companies mentioned in this penny stock in play include:
InterCloud Systems Inc. (ICLD) is trading up $0.38 at $2.60.
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4:53 PM
EST
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Naked Brand Group Inc. : announced that the company has reported sales of $566,508 for the year ended January 31, 2013, a 193% increase over the prior year which had sales of $193,505. This increase in sales is attributed to the addition of a number of new accounts including Nordstrom as a key customer. Furthermore, the company added a new cotton line adding to the total number of available styles that stores could choose from. Naked also experienced a significant increase in online sales from its website.
Companies mentioned in this penny stock in play include:
Naked Brand Group Inc. (NAKD) is trading even at $1.20.
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