UFood Restaurant Group, Inc. (OTCBB: UFFC) reached up 18.18% in morning trading to $.13 with 300K shares traded. UFood Restaurant Group, Inc. is a franchisor and operator of fast-casual food service restaurants. UFood Grill offers a healthy lifestyle alternative to consumers in the fast-casual restaurant space and is positioned to become a leading player in the "better-for-you" quick-serve restaurant category. The Company is led by franchise innovator George Naddaff, who founded Boston Market and led the franchising of several companies including Sylvan Learning Center and VR Business Brokers. Mr. Naddaff has assembled a veteran management team with a successful record in the franchise market. UFood is currently launching a growth plan to franchise nationwide. UFood Restaurant Group, Inc. (OTC.BB: UFFC.OB - News) yesterday announced that the company has reduced sodium by 20 percent in all of its breaded chicken menu items as part of the company's core focus on continuing to offer customers at its urban, airport, hospital and military base locations food that is nutritionally sound and great tasting. These menu items include the Crispy Chicken Chopped Cobb Salad, Chicken Parmigiana Wrap and the kids' Oven Crisped Chicken Fingers Meal. All of UFood's breaded chicken items are baked, not fried.
Republic Airways Holdings Inc. (NASDAQ/NM: RJET) reached up 19.70% in morning trading to $3.22 with 240K shares traded. Republic Airways Holdings Inc., based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Republic Airline and Shuttle America, collectively “the Airlines.” The Airlines offer scheduled passenger service on approximately 1,500 flights daily to 125 cities in 44 states, the Bahamas, Canada, the Dominican Republic, and Mexico under branded operations at Frontier and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under one of the following airline partner brands: American Connection, Continental Express, Delta Connection, United Express, or US Airways Express. As of the date of this release, the airlines employ approximately 10,500 aviation professionals and operate 275 aircraft. Republic Airways Holdings Inc. (NASDAQ/NM:RJET - News) reported key financial results for the third quarter of 2011 compared to 2010. The Company reported operating revenues of $767.9 million for the quarter ended September 2011, an increase of 7.9%, compared to $711.9 million for the same period last year. The increase in revenues is primarily due to a 10.0% increase in Frontier Airlines’ unit revenues. On a GAAP basis, the Company reported net income of $9.0 million, or $0.18 per diluted share, for the quarter ended September 2011, compared to net income of $21.2 million, or $0.58 per diluted share, for the same period last year.
RAM Energy Resources, Inc. (Nasdaq: RAM) reached up 11.49% in morning trading to $.9889 with 300K shares traded. RAM Energy Resources, Inc. is an independent energy Company engaged in the acquisition, exploitation, exploration, and development of oil and natural gas properties and the marketing of crude oil and natural gas. RAM Energy Resources, Inc. (Nasdaq:RAM - News) yesterday announced third quarter 2011 financial results and operating highlights, together with a revised non-acquisition capital budget and plans for continuing development of the Company’s Northern Oklahoma Mississippian play. RAM Reports 3Q 2011 Net Income of $11.8 Million vs. $1.6 Million in 3Q 2010
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