Wednesday, October 21, 2009

Wednesday's Stocks on the Move

Cascade Financial (CASB) - Cascade Financial Corporation, parent company of Cascade Bank, reported after the close yesterday that it net income of $1.6 million for the third quarter of 2009. After adjustments for the preferred stock dividend and accretion of the issuance discount on the U.S. Treasury preferred stock, the Bank earned $1.0 million, or $0.09 per diluted share, in the third quarter of 2009, compared to a net loss of $6.6 million, or $0.55 per diluted share, in the third quarter a year ago.

Juniper (JUNP.OB) - announced today that its wholly owned telecommunications subsidiary has been awarded multiple major projects in and around the Philadelphia market. It is expected that this new work will increase receivables in October to levels higher than those in the preceding months alone.

Verichip (CHIP) - announced today that it has entered into a strategic partnership with the Diabetes Research Institute to combine efforts on the further development of the glucose-sensing radio frequency identification (RFID) microchip in conjunction with VeriChip's development partner, RECEPTORS LLC.

American Lithium Minerals (AMLM.OB) - an early stage lithium exploration company that engages in the acquisition, evaluation, and development of lithium projects. It focuses on properties located in the United States, Canada, and South America.

Cheyenne Resources (CYRS.OB) - engages in the exploration and development of oil and gas properties primarily in the United States.

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