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ENZ, IMAX, AVOT, EBIX, FINL - Stock Report From DrStockPick.com!

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Enzo Biochem, Inc. (NYSE:ENZ) is a leading life sciences and biotechnology company focused on harnessing genetic processes to develop research tools, diagnostics and therapeutics and provides reference laboratory services to the medical community.

The business activities of Enzo Biochem are performed by the company’s three wholly owned subsidiaries . . . Enzo Life Sciences, Enzo Therapeutics and Enzo Clinical Labs. Such activities include research and development, manufacturing and marketing of biomedical research products and tools through Enzo Life Sciences and research and development of therapeutic products through Enzo Therapeutics and the operation of a regional clinical reference laboratory through Enzo Clinical Labs.

Among the quarter’s highlights (all references are to sequential quarter over quarter results, normalized for an inventory charge and severance of $1.8 million where applicable):

* Enzo Life Sciences, benefiting from increased emphasis on higher margin products, realized a greater than 100% gain in operating income.
* Enzo Clinical Labs increased revenues 6%, while reducing the operating loss 62%.
* Company-wide, gross margin increased $2.0 million or 17%.
* Operating expenses decreased 7%, or to 57% of revenues, from 63%.
* EBITDA, a non-GAAP measure, was $23,000, an improvement of $2.9 million from the prior quarter.
* Net loss for the quarter was reduced 70%.

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American Video Teleconferencing Corp. (Pink Sheets:AVOT) is pleased to announce that it has hired a French speaking geologist to search the archives of the Quebec Department of Mines for Rare Earths showings not on a current computer file. The company believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. As neither the Federal nor Quebec Governments have carried out any air borne surveys in this area, the company will seek a contractor to do an air borne Mag-EM radiometric survey. This survey will cover its present holdings and the immediate surrounding area looking for future acquisitions. We are pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.

Presently the company is in the final stage of negotiations with Kondor Gold Pyt. in Australia.

The company will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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Finish Line (Nasdaq:FINL) is a premium retailer of athletic shoes, apparel and accessories. Headquartered in Indianapolis, Finish Line operates 667 stores in malls across the United States. More than 11,000 Finish Line sneakerologists help customers each day connect with their sport, their life and their style.

The Finish Line Youth Foundation (FLYF) has appointed Marty Posch Executive Director. FLYF is a not-for-profit organization that provides financial support for community-based youth athletic programs and camps for disadvantaged and special needs children across the United States.

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Ebix Inc. (Nasdaq:EBIX) made a number of announcements related to its operations.The summary disclosures were in response to frequent queries on a variety of topics from its investor base.

Ebix, Inc., together with its subsidiaries, provides software and e-commerce solutions to the insurance industry primarily in North America, Australia, New Zealand, India, and Singapore. The company operates data exchanges, which provide connectivity between consumers, agents, carriers, and third party providers, as well as enables the participants to carry and process data in the areas of life insurance, annuities, employee health benefits, and property and casualty (P&C) insurance.

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IMAX Corporation (Nasdaq:IMAX) is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies.

The 3D joint venture of Sony Corporation, Discovery Communications and IMAX Corporation has added six new titles to its planned network programming slate, including original series and acquisitions, it was announced today by Tom Cosgrove, President and CEO of the joint venture. The programs – produced in native 3D – will join the series, programs and theatricals previously announced by the first 24/7, fully programmed 3D television network in the U.S.

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