03:37 PM EST - Xceed Mortgage Corporation : announced its financial results for the fiscal 2011 year ended October 31, 2011. The company recorded a net loss after tax of $1.3 million for fiscal 2011, most of the loss attributable to the $1.7 settlement (pre-tax) from litigation. The basic and diluted loss per share for 2011 was $0.05, compared with a basic and diluted loss per share of $0.64 in 2010. Xceed Mortgage Corporation
shares T.XMC are trading up $0.10 at $1.05.
