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Canada Business News and Press Releases
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(EMAILWIRE.COM, December 17, 2010 ) windsor, Ontario - Stocks on the move in the stock market today are:
Herman Miller Inc (MLHR: Nasdaq) Herman Miller Inc reached new highs this morning thanks to the release of their Q2 earnings. The company reported net income rose to $17.9 million, or 26 cents per share, from $9.6 million, or 17 cents per share, a year earlier. Revenue rose 20% to $412.2 million from $343.7 million a year ago. Herman Miller, Inc. researches, designs, manufactures and distributes interior furnishings, for use in various environments, including office, healthcare, educational and residential settings, and provides related services that support organizations and individuals all over the world.
Nordson Corp (NDSN: Nasdaq) Nordson Corp saw its stock reach a new 52 week high this morning fuelled by yesterdayÂ’s release of Q4 and full year financial results. The company reported sales increased 22% from the previous year to $290 million in the fourth quarter and 27% to $1 billion for the year. Diluted EPS reached a fourth quarter record of $1.56 and full year record of $4.91. Nordson Corporation is engaged in manufacturing of equipment used for precision material dispensing, testing and inspection, surface preparation and curing.
Enzon Pharmaceuticals Inc (ENZN: Nasdaq) Enzon Pharmaceuticals Inc watched its stock breakout this morning reaching a new 52 week high. The company released news yesterday regarding their phase 1 studies in collaboration with the National Cancer Institute. The company announced the initiation of Phase I clinical studies, in collaboration with the National Cancer Institute, for two of the CompanyÂ’s novel oncology product candidates, EZN-2968 and EZN-2208. Enzon Pharmaceuticals, Inc. is a biopharmaceutical company dedicated to the discovery and development of medicines for patients with cancer other life-threatening conditions.
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