Rochester, NY 6/6/2009 1:57:36 AM
Afternoon Gainers - Sourced by WhisperfromWallStreet.com - MicroFinancial Incorporated,MFI - FairPoint Communications Inc,FRP - Amarin Corporation PLC,AMRN
MicroFinancial Inc - FairPoint Communications Inc. - Amarin Corporation
Afternoon Gainers - Sourced by WhisperfromWallStreet.com - MicroFinancial Incorporated,MFI - FairPoint Communications Inc,FRP - Amarin Corporation PLC,AMRN
MicroFinancial Incorporated,MFI
MicroFinancial Incorporated, through its subsidiaries, operates as a specialized commercial finance company that provides microticket equipment leasing and other financing services in the United States. It leases and rents commercial equipment to start-up businesses and established businesses for use in their daily operations. The company also leases point-of-sale authorization systems, advertising and display equipment, security equipment, paging systems, water coolers, and restaurant equipment. It provides financing to obligors under microticket leases and contracts through a network of equipment vendors, independent sales organizations, and brokers. The company was founded in 1987 and is headquartered in Woburn, Massachusetts.
After Hours: 3.57 0.00 (0.00%) 7:59PM ET
Last Trade: 3.39
Day's Range: 2.50 - 3.98
52wk Range: 1.50 - 4.93
Volume: 21,319
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FairPoint Communications Inc,FRP
FairPoint Communications Inc.'s annual shareholder meeting wasn't a big draw for shareholders, five of whom attended.
Spokeswoman Rose Cummings says three board members were elected and Ernst & Young LLP was certified as the company's accounting firm during the 40-minute meeting Wednesday.
Chief Executive Gene Johnson gave a presentation of the company's activities during the past year and fielded questions from the shareholders.
FairPoint, based in Charlotte, N.C., has operations in 18 states with about 1.9 million access lines. Its largest holdings are in northern New England, where last year it bought Verizon Inc.'s wired telephone and Internet operations for $2.3 billion.
ABOUT
FairPoint Communications, Inc. provides communication services to residential and business customers in rural and small urban communities in the United States. Its services include traditional telephone services, as well as other services, such as local and long distance voice, data, Internet, television, and broadband enabled services. As of December 31, 2008, the company operated approximately 1.7 million access line equivalents, including voice access lines and high-speed data lines, which comprise digital subscriber line, wireless broadband, and cable modem. It also provides other services, including cable television and video-over-DSL, public coin telephone, billing and collection, and directory services, as well as enhanced services, such as call waiting, call forwarding and transferring, three-way calling, automatic callback, call hold, caller name and number identification, voice mail, teleconferencing, video conferencing, store-and-forward fax, follow-me numbers, Centrex services, and direct inward dial. In addition, the company sells and maintains customer premise equipment. FairPoint Communications is headquartered in Charlotte, North Carolina.
Last Trade: 1.29
Day's Range: 0.99 - 1.37
52wk Range: 0.35 - 9.44
Volume: 2,844,262
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Amarin Corporation PLC,AMRN
Amarin Corporation plc announced recently that it has signed a term sheet for a private placement of convertible bridge loan notes (Bridge Financing) in the amount of $2.6 million with certain existing investors in the Company, including a number of current directors of the Company. The Bridge Financing provides the Company with sufficient funds to operate through mid 2009, during which time the Company will continue its ongoing discussions with certain existing and new potential investors, in order to secure longer term funding.
ABOUT
Amarin Corporation plc operates as a clinical-stage biopharmaceutical company. The company has a lead program planned to enter Phase III for hypertriglyceridemia. Its cardiovascular programs focus in the field of lipid science and the known therapeutic benefits of essential fatty acids in cardiovascular disease. The company's pipeline also includes programs in myasthenia gravis, Huntington's disease, Parkinson's disease, and epilepsy. Amarin Corporation plc, formerly known as Ethical Holdings plc, was founded in 1989 and is based in Dublin, Ireland.
Last Trade: 1.61
Day's Range: 1.21 - 1.77
52wk Range: 0.46 - 2.50
Volume: 63,012
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