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  • IART, KFED, QLTI, HYGS - Weekend Review For CRWEPicks.com 0 comments
    Oct 31, 2010 12:38 PM | about stocks: IART, SMPL, QLTI, HYGS

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    Integra LifeSciences Holdings Corporation (Nasdaq:IART) reported its financial results for the third quarter ending September 30, 2010.

    Total revenues for the third quarter were $186.6 million, reflecting an increase of $14.4 million, or 8.3%, over the third quarter of 2009.

    Excluding the impact of changes in foreign currency exchange rates, revenues grew 9%.

     

    K-Fed Bancorp (Nasdaq:KFED), the parent company of Kaiser Federal Bank, reported net income of $1.8 million, or $0.13 per diluted share for the quarter ended September 30, 2010. This compares to net income of $1.4 million, or $0.11 per diluted share for the quarter ended September 30, 2009.

    The increase in net income resulted from an increase in net interest income and a reduction in the provision for loan losses.

     

    QLT Inc. (Nasdaq:QLTI) reported expansion of the Phase 1b clinical proof-of-concept study of QLT091001 in the treatment of Leber Congenital Amaurosis (LCA) to include patients with Retinitis Pigmentosa (NASDAQ:RP), a set of hereditary retinal diseases demonstrating clinical features similar to LCA.

    Both diseases result from genetic mutations of either retinal pigment epithelium protein 65 (RPE65) or lecithin:retinol acyltransferase (LRAT) that are amenable to intervention with QLT091001.

    QLT091001 is an orally administered synthetic retinoid replacement for 11-cis-retinal, which is a key biochemical component of visual function.

     

    Hydrogenics Corporation (Nasdaq:HYGS) a leading developer and manufacturer of hydrogen generation and fuel cell products, reported that it will host a conference call at 10:00 a.m. Eastern on November 10, 2010 for the third quarter ended September 30, 2010

     

     

     

     

     

     

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    Stocks: IART, SMPL, QLTI, HYGS
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