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Descartes out with financial news, hits 52-week high

Descartes Systems Group (T.DSG) hit a new 52-week high of $5.28; Descartes announced financial results for its fiscal 2010 second quarter ended July 31, 2009. Key financial highlights included: revenues of $18.6 million, up $1.5 million or 9% from $17.1 million in the second quarter of last fiscal year; Gross margin of 68%, up from 64% in Q2FY09 and compared to 70% in Q1FY10; net income of $800,000, compared to $1.4 million in Q2FY09 and $2.2 million in Q1FY10.

World Color Press (T.WC) hit a new 52-week high of $11.50; no news announcements today

Ivanhoe Mines (T.IVN) hit a new 52-week high of $13.00; no news announcements today

DragonWave (T.DWI) hit a new 52-week high of $7.45; no news announcements today

Glentel Inc. (T.GLN) hit a new 52-week high of $14.00; no news announcements today

Winpak Ltd. (T.WPK) hit a new 52-week high of $9.00; no news announcements today

Arehada Mining (T.AHD) hit a new 52-week high of 35 cents; no news announcements today