News / Finance
Obsidian Financial’s Morning Market News for Wednesday November 16, 2011
China America Holdings Inc. (OTC: CAAH), a holding company operating in China through its wholly owned subsidiary, Ziyang Ceramic Co., Ltd., announced today its financial results for the third quarter and first nine months of 2011.
- Revenue Reaches $12 Million in 3rd Quarter of 2011, Up 38.7% from the $8.7 Million Recorded in the 3rd Quarter of 2010
- Operating Income Climbs to $3.7 Million, Up 36.5% from the $2.7 Million Recorded in the 3rd Quarter of 2010
- Net Income for the 3rd Quarter of 2011 reaches $3.1 Million, Up 42.3% from Net Income of $2.2 Million in the 3rd Quarter of 2010
To view the full press release for China America Holdings Inc. (OTC: CAAH), click here or visit OFinancialinc.com
Obsidian Financial gainers are: Tessera Technologies Inc. (NASDAQ: TSRA), Courier Corporation (NASDAQ: CRRC), CalAmp Corp. (NASDAQ: CAMP), Pacira Pharmaceuticals Inc. (NASDAQ: PCRX), Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), Autodesk Inc. (NASDAQ: ADSK), GSI Group Inc. (NASDAQ: GSIG), Global Education & Technology Group Ltd. (NASDAQ: GEDU), GT Advanced Technologies Inc. (NASDAQ: GTAT), Biosante Pharmaceuticals Inc. (NASDAQ: BPAX)
Obsidian Financial decliners are: Amtech Systems Inc. (NASDAQ: ASYS), LJ International Inc. (NASDAQ: JADE), Unilife Corporation (NASDAQ: UNIS), Lakeland Industries Inc. (NASDAQ: LAKE), Telestone Technologies Corp. (NASDAQ: TSTC), Spanish Broadcasting System Inc. (NASDAQ: SBSA), Bona Film Group Limited (NASDAQ: BONA), Preformed Line Products Company (NASDAQ: PLPC), Arkansas Best Corporation (NASDAQ: ABFS), Cumulus Media Inc. (NASDAQ: CMLS)
About OFinancialInc.com:
OFinancialInc.com, a leader in corporate communications and finance, provides investors with a wide-ranging set of financial tools, including original stock market commentary, stock quotes, interactive charts, portfolio watch, live chat and message boards, plus the latest news, press releases, investment opinions, and research reports for all companies highlighted on the site. Visit http://StockPromoters.com for more details.
All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OFC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://OFinancialinc.com or mentioned herein. China America Holdings Inc. (OTC: CAAH) - Obsidian Financial Communications Inc. (OFC) has not been compensated for CAAH. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To see OFC's full disclaimer / compensation, please visit our web site: http://ofinancialinc.com/disclaimer
Joe Farrar, CEO, Obsidian Financial Communications, Inc.
OFinancialInc.com
631.675.6932