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Wednesday, February 22, 2012 03:39 pm EST - ATCO Ltd. : reported record earnings for 2011 led by worldwide increased activity for ATCO Structures & Logistics, higher earnings in ATCO Power and additional infrastructure investment in the utilities to support Alberta growth. Earnings attributable to Class I and Class II Shares were $327 million ($5.65 per share) and Adjusted Earnings were $330 million for the year ended Dec. 31, 2011, compared to $281 million ($4.83 per share) and $296 million, respectively, in 2010. ATCO Ltd. (T.ACO.X) shares were up $0.89 at $64.44. 03:38 pm EST - Sherritt International Corporation : reported year-ended 2011 results. Net earnings for the year 2011 were $197.3 million ($0.67 per share, basic) compared to $144.8 million ($0.49 per share, basic) for the year 2010. Sherritt International Corporation (T.S) shares were down $0.20 at $6.40. 03:37 pm EST - BELLUS Health Inc. : reported its financial results for the year ended December 31, 2011. For the year ended December 31, 2011, net income amounted to $3,424,000 ($0.01 per share), compared to a net loss of $24,553,000 ($0.12 per share) for the same period last year. BELLUS Health Inc. (T.BLU) shares were up $0.005 at $0.06. 11:56 am EST - Boyuan Construction Group, Inc : announced today that it has initiated construction on a five star hotel complex located in Sanya, a city on Hainan Island, one of Boyuan's core markets. The hotel complex consists of three buildings totaling 107,000 square metres and is valued at $23.9 million U.S. Boyuan Construction Group, Inc (T.BOY) shares were down $0.12 at $1.32. 11:55 am EST - Cipher Pharmaceuticals Inc : announced its financial and operational results for the fiscal year ended December 31, 2011. Total net revenue in 2011 was $3.6 million, compared with $5.4 million in 2010. Net loss for the year was $2.3 million ($0.10 per share), compared with net income of $0.2 million ($0.00 per share) in 2010. Cipher Pharmaceuticals Inc (T.DND) shares were even at $1.23. 11:53 am EST - Sears Canada Inc. : announced its full-year results. Total revenues for the 52-week period ended January 28, 2012 were $4.619 billion versus $4.939 billion for the 52-week period ended January 29, 2011, a decrease of 6.5%. Net losses for the year were $60.1 million or 58 cents per share versus net earnings of $115.2 million or $1.07 per share for the prior-year. Sears Canada Inc. (T.SCC) shares were up $0.07 at $12.02. 09:51 am EST - Rogers Communications Inc. : announced that its Board of Directors has approved an 11% increase to the annualized dividend rate from $1.42 to $1.58 per Class A Voting and Class B Non-Voting share. Effective immediately, the new quarterly dividend rate will be 39.5 cents per share. Rogers Communications Inc. (T.RCI.B) shares were up $0.30 at $38.07. 09:50 am EST - Alexco Resource Corp. : announced final results from its 2011 drilling program at the Bermingham property, located adjacent to the historical Hector-Calumet mine within the Keno Hill Silver District in Canada's Yukon Territory. Included in this release are intercepts, such as 10.36 metres (true width) of 363 grams per tonne (g/t) silver (10.6 oz/ton) that includes 1.88 metres (true width) at 1,634 g/t silver (47.65 oz/ton), which generally occur within much broader zones of anomalous geochemistry. Alexco Resource Corp. (T.AXR) shares were down $0.02 at $7.89. 09:49 am EST - MAG Silver Corp. : announced significant silver/lead/zinc vein intercepts in the first three holes drilled in an exploration drill program on its La Esperanza project in northern Zacatecas State, Mexico. The best results are reported in the deepest hole ES12-03 which intersected 2.42 metres of 278 grams per tonne ("g/t") (8.1 ounces per ton ("opt")) silver, 2.8% lead and 5.8% zinc within a 10.28-metre (8.22 metres true width) section of quartz vein and breccia assaying 97 g/t silver (2.8 opt), 1.1% lead and 2.3% zinc. MAG Silver Corp. (T.MAG) shares were up $0.10 at $9.75. 09:48 am EST - CryptoLogic Limited : announced the signing of a multi-year licensing agreement to provide a portfolio of CryptoLogic's award-winning games to NeoGames, the leading global software and service provider of internet scratch cards and instant win games. CryptoLogic Limited (T.CRY) shares were up $0.02 at $2.50. |