Quality Distribution Inc. (Nasdaq:QLTY) the "Company" which operates the largest chemical bulk tank truck network in North America, reported net income of $0.4 million, or $0.02 per diluted share, for the third quarter ended September 30, 2010, compared to net income of $1.4 million, or $0.07 per diluted share, in the third quarter of 2009.
Net income for the nine months ended September 30, 2010 was $3.3 million, or $0.15 per diluted share versus a net loss of $(185.1) million, or $(9.55) per diluted share, for the same period in 2009.
Quality Distribution, Inc., together with its subsidiaries, engages in the truckload transportation of bulk chemicals in North America. The company involves in the bulk transportation of liquid and dry chemical products, including plastics, and bulk dry and liquid food-grade products.
Corporate Universe Inc. (Pink Sheets:COUV) is pleased to announce the following corporate and operational matters to its shareholders and followers.
- COUV is opening its new corporate office at 3771 Nesconset Highway, South Setauket, NY, effective October 4, 2010. The new office will allow the Company to operate all of its divisions and subsidiaries in a centrally located place. Manhattan Transfer Registrar Company will continue to be located in Miller Place.
- Now that the corporate changes are fully implemented, including the name change to Corporate Universe Inc., trading under the symbol (Pink Sheets:COUV), and the forward split of 10 new shares for each old share of common stock, the company is ready for business and intends to keep its followers advised on a timely basis.
COUV corporate website, www.corp-universe.com, went live just recently, and has officially been launched!
The management will continue to update and improve it over the coming weeks.
The Company has formally retained Mina Mar Marketing Group Inc. as its Investor relations (NYSE:IR) firm.
John Ahearn, President, stated, "In a few short weeks we have made great strides in getting our company reorganized and moving forward.
I believe that many great things are in store for Corporate Universe Inc. in the future and all of us are working very hard and diligently to make it happen.
As part of our growth strategy COUV intends to grow the company both organically and through mergers of successful companies in our business industry or business space.
COUV management and the Mina Mar Group Mergers and Acquisition Division will be meeting to discuss potential business opportunities and candidates in the near future."
RRSat Global Communications Network Ltd (Nasdaq:RRST) a leading provider of comprehensive content management and global distribution services to the television and radio broadcasting industries, announced that the World Teleport Association (WTA) has included RRsat in all three categories of its prestigious list of Top Teleport Operators for 2010: the Global Top Twenty, the Independent Top Twenty, and the Fast Twenty.
This is the third consecutive year that RRsat is honored by being included in such prestigious ranking.Each year, the WTA publishes the world's rankings of companies that operate teleports for commercial purposes, including independents, satellite carriers, fiber carriers and technology providers.
RRsat Global Communications Network Ltd. provides content management and distribution services to television and radio broadcasting industries. The company, through its proprietary RRsat Global Network comprising satellite and terrestrial fiber optic transmission capacity and the public Internet, offers distribution services for content providers.
MusclePharm(NYSE:R) Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States, has been invited to present at the upcoming HIV DART(NYSE:TM) 2010: Frontiers in Drug development for Antiretroviral Therapies Conference being held from December 7-10, 2010 in Los Cabos, Mexico.
This innovative conference, HIV DART(TM) 2010, will uniquely blend the areas of biology, chemistry, pharmacology and clinical research to provide the scientific community an increased understanding of the current and future challenges in therapeutics for HIV infection. This brings leaders in the research community together to advance the medical communities knowledge of the ongoing drug development processes in antiretroviral research.
At this year’s HIV DART(TM) 2010 Conference, MusclePharm will present its results on the use of its product, Recon, in HIV patients. Early results show that Recon may help prevent the onset of wasting syndrome by facilitating the growth and maintenance of muscle mass in people living with HIV, which has been associated with antiretroviral drug resistance.
MusclePharm has recently expanded their market to include therapeutic medical modalities beginning with the utilization of Recon, a multi-component therapeutic nutritional supplement in the treatment of people living with HIV and AIDS.
Stewardship Financial Corp (Nasdaq:SSFN) reported net income for the three months ended September 30, 2010 of $340,000, or $0.03 per diluted common share, as compared to earnings of $893,000, or $0.13 per diluted common share, for the three months ended September 30, 2009. For the nine months ended September 30, 2010, the Corporation reported net income of $146,000 compared to net income of $2.9 million for the corresponding nine month period in 2009.
After dividends on preferred stock, the net loss to the common shareholders was $266,000 for the first nine months of 2010, or $0.05 per diluted common share, compared to net income of $2.5 million, or $0.43 per diluted common share, during the same period in 2009. The reduced earnings in the current year periods is primarily related to a higher provision for loan losses.
Stewardship Financial Corporation operates as the holding company for Atlantic Stewardship Bank that provides commercial and retail banking services to small and medium sized businesses and individuals in Bergen, Morris, and Passaic counties, New Jersey. It offers various deposit products, including personal and business checking accounts.
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