Q1 FY 2013 Net Revenues: $22.4 Million Q1 FY 2013 GAAP Net Loss: $(2.4) Million; $(0.08) per Share
NILES, IL — (Marketwired) — 05/01/13 — MFRI, Inc. (NASDAQ: MFRI) announced today sales and earnings for the fiscal year ended January 31, 2013 ("2012"). The Company-s sales in 2012 were $212 million, a decrease of 9% from $233 million last year; net loss in 2012 was $18.5 million or $2.67 per diluted share, compared to net loss of $5 million or $0.72 per diluted share, in 2011. In the fourth quarter of 2012, the Company recorded a full valuation allowance on domestic deferred tax a
ROMFORD, UNITED KINGDOM — (Marketwired) — 05/01/13 — Limited, a global leader in document, mail and parcel processing solutions, today announces that it has won an award at The Call Centre Management Centre awards ceremony held at the Palace Hotel, Manchester, on April 18th, 2013.The CCMA Awards, now in their eighteenth year, aim to endorse best practice, reward innovation and promote excellence within the contact and call centre industry. These prestigious awards recognise outstanding perf
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/30/13 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) is pleased to announce that it has successfully completed the sale of the Dresden Mill to Glatfelter Gernsbach GmbH & Co. KG, a subsidiary of P.H. Glatfelter Co., previously announced on March 13, 2013. The purchase price for the sale was EUR160 million (approximately CDN$212 million), subject to a post-closing working capital adjustment.With th
SKIPPACK, PA — (Marketwired) — 04/30/13 — North Bay Resources Inc. (OTCQB: NBRI) ("North Bay" or the "Company") is pleased to confirm that operations at the Ruby Mine have resumed on schedule on April 29, 2013.The Company also announced today that our wholly-owned subsidiary, Ruby Gold, Inc. ("RGI"), has leased new and expanded office space in Grass Valley, CA, which will serve as the Ruby Mine-s year-round mine planning and coordination headquarters.The Company
ALESUND, NORWAY — (Marketwired) — 04/29/13 –"TITAN interest in the North American market continues to be strong", says Chet Dawes, Director of Sales for North America. "The benefits of TITAN are being demonstrated throughout the world and we are excited to have such a great partner in Xpress Natural Gas to continue to showcase the use of TITAN in the US."Xpress Natural Gas (XNG) is a Massachusetts-based company delivering North American natural gas to a wide range of busin
LAS VEGAS, NV — (Marketwired) — 04/29/13 — American Graphite Technologies Inc. ("AGIN" or the "Company") (OTCBB: AGIN) (BERLIN: A8G) (WKN:A1KBDQ/ISIN:US02640K1079) announces that its licensing partner, CTI Nanotechnologies LLC ("CTIN"), has secured a new facility in Rockingham, Vermont to house the recent purchase of equipment to be used in the research and development of graphene paper. The equipment purchased was from the recent Konarka auction and was used fo
NILES, IL — (Marketwired) — 04/26/13 — MFRI, Inc. (NASDAQ: MFRI) announced today the signing of a definitive agreement to sell the domestic assets of its subsidiary, Thermal Care, Inc. to IPEG, Inc. The transaction is scheduled to close on April 30, 2013, subject to customary closing conditions. Thermal Care, Inc. designs, manufactures and sells industrial process cooling equipment, including chillers, cooling towers, plant circulating systems, and related accessories for use in plastic proc
WAYNE, PA — (Marketwired) — 04/26/13 — Gardner Denver, Inc. (NYSE: GDI)Gardner Denver, Inc. (NYSE: GDI) today reported first quarter 2013 results and reaffirmed previous guidance for fiscal year 2013.Revenues for the first quarter ended March 31, 2013 were $513.5 million, down 15% compared with the prior year first quarter. Operating income for the first quarter of 2013 was $63.4 million, compared with $79.8 million in the first quarter of the prior year, resulting in an operating margin dec
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/25/13 — West Fraser Timber Co. Ltd. ("WFT") (TSX: WFT) today reported earnings of $67 million or $1.57 per share on sales of $863 million in the first quarter of 2013. These results compare with previous periods as follows:Operational ResultsIn the quarter our lumber operations generated operating earnings of $122 million and EBITDA of $146 million. The improvement over the prior quarter reflects improved prices for SPF and SYP lumb