11:37 AM EST - Pinetree Capital Ltd. : announced financial results for the fourth quarter, posting net income of $20.3 million or $0.15 per share, compared to a net loss of $93.6 million or $0.71 per share in the previous-year period. The company said the net income was primarily the result of net investment gains of $37.7 million in the quarter, comprised mainly of $28.1 million in unrealized gains on investments and realized gains on dispositions of investments of $9.7 million. Pinetree Capital Ltd.
shares T.PNP are trading up $0.07 at $1.90.
