12:23 PM EST - Points International Ltd. : announced fourth quarter results, reporting a wider net loss as a result of the ongoing weakening of the US dollar against the Canadian dollar. The company also reaffirmed full year 2008 forecasts and expects record revenue for the first quarter of 2008. The Toronto, Canada-based Points International's fourth quarter net loss widened to $0.94 million from $0.81 million in the prior-year quarter. Loss per share for the quarter remained flat at $0.01. Points International Ltd.
shares T.PTS are trading off 14 cents at $2.49.
