dallas tx 4/22/2010 12:09:51 AM
News / Business

Top Penny Stock Gainers Today include DEAR, AKRX, AMSZ

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Dearborn Bancorp, Inc. (Nasdaq: DEAR) was up 102% in morning trading to $3.03 with 3M shares traded. Dearborn Bancorp, Inc. is a registered bank holding company. Its sole banking subsidiary is Fidelity Bank. The Bank operates 17 offices in Wayne, Oakland, Macomb and Washtenaw Counties in the State of Michigan. Dearborn Bancorp, Inc. (Nasdaq: DEAR), the Holding Company for Fidelity Bank ("Bank"), yesterday reported net income of $1,128,000 or $0.15 per fully diluted common share for the three months ended March 31, 2010 compared to a net loss of $6,249,000 or $(0.81) per share for the three months ended March 31, 2009 . The Company's Shareholders' Equity of $43,180,000 equates to a book value of $5.62 per share compared to the market closing price of $1.11 on March 31, 2010. In accordance with regulatory capital guidelines, the Bank remains "undercapitalized" at March 31, 2010.

For detailed quote and full article http://www.pennytrader.com/quotes/DEAR.php

 

Akorn, Inc. (NASDAQ: AKRX) reached up 12.63% in morning trading to $2.14 with 940k shares traded. Akorn, Inc. (NASDAQ:AKRX) a niche generic pharmaceutical company, today announced that the U.S. Food and Drug Administration ( FDA ) has granted approval of the Company's Abbreviated New Drug Application (ANDA) supplement for Erythromycin Ophthalmic Ointment USP 3.5 g. The company intends to begin shipping the product immediately.

For detailed quote and full article http://www.pennytrader.com/quotes/AKRX.php

 

AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ) was up 14.67% in morning trading to $.0086 with 3M shares traded. AcuMedSpa Holdings, Inc. (PINKSHEETS: AMSZ), a provider of Medical Aesthetic, Spa and Acupuncture services, announces that the Board of Directors of AcuMedSpa, Inc. have decided that it would be in the best interest of the company and its shareholders to further reduce the Outstanding by 30 million shares and the Authorized by 25 million shares. Both of these share reductions have already been initiated and management expects these reductions to become effective in a timely manner.

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