Winston-Salem 3/26/2010 7:45:37 PM
News / Business

SmallCapReview - Stocks to Watch - CECE, SIRI, RUBO

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CECO Environmental Corp. ( Nasdaq : CECE) $3.44. Today announced that it has secured new orders totaling approximately $10 million.

 

Jeff Lang, Chief Executive Officer, stated, "These orders were secured by our equipment and contracting services divisions from the cement, chemical, mining, steel, refining, power, and foundry industries.  The most significant of the orders was a $2.6 million design build contract secured by K&B Services from the chemical industry."



What They Do: CECO Environmental Corp. is North America's largest independent air pollution control company.

 

SIRIUS XM Radio (Nasdaq: SIRI) $0.87. Today announced that NasdaqStock Market LLC has scheduled a hearing on April 29, 2010, at which the Company will be afforded the opportunity to request continued listing on The Nasdaq Global Select Market pending its return to compliance with Nasdaq's $1.00 per share bid price requirement. 

 

What They Do: SIRIUS XM Radio is America's satellite radio company delivering to subscribers commercial-free music channels, premier sports, news, talk, entertainment, and traffic and weather.

 

Rubio's Restaurants (Nasdaq: RUBO) $7.83. Today announced financial results for the fourth quarter and fiscal year ended December 27, 2009.

 

Revenues in the fourth quarter of 2009 totaled $45.4 million, an increase of 1% from $45.0 million reported in the same year-ago quarter. Revenue for the full year of 2009 totaled a record $188.9 million, up 5% from $179.3 million in the same year-ago period.

 

Net loss was $852,000 or $(0.08) per share in the fourth quarter of 2009 versus a net loss of $295,000 or $(0.03) per basic and diluted share in the same year-ago quarter. The fourth quarter of 2009 included an asset impairment charge of $683,000 or a tax-effected $(0.04) per share and non-recurring expenses associated with the ongoing evaluation of strategic alternatives of $211,000 or a tax-effected $(0.01) per share. Net loss before non-cash impairment charges and non-recurring expenses associated with the ongoing evaluation of strategic alternatives was $311,000 or $(0.03) in the fourth quarter of 2009, versus a net loss of $295,000 or $(0.03) per share in the same year-ago quarter, during which there were no impairment charges.

 

What They Do: Bold, distinctive, Baja-inspired food is the hallmark of Rubio's Fresh Mexican Grill. The first Rubio's was opened in 1983 in the Mission Bay community of San Diego by Ralph Rubio and his father, Ray Rubio. Rubio's is credited with introducing fish tacos to Southern California and starting a phenomenon that has spread coast to coast.



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