Welcome to CRWENewswire, Stocks to Watch for Friday November 18th, 2011. I am Shalika Jayasekera. On its Q4...
Welcome to CRWENewswire, Stocks to Watch for Friday November 18th, 2011. I am Shalika Jayasekera. On its Q4 fiscal 2011, Griffon Corp - GFF - posted revenue of $485 million, a 39% increase year over year and income from continuing operations totaled $3.4 million compared to a loss of $1.7 million in the prior year quarter. The Wet Seal Inc - WTSLA - reported its Q3 Fiscal 2011 Results, posting Net sales of $152.1 million compared to $146.4 million in the prior year third quarter. The Company generated cash flows from operations of $3.4 million during the period, and ended the quarter with $131.3 million of cash, cash equivalents and short-term investments, and no debt. and finally; Kosmos Energy - KOS - reported that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana. Analysis of well results indicate that the Teak-3A well encountered approximately 35 meters (115 feet) of hydrocarbons in multiple good-quality reservoirs. Thanks for joining me and have a great day! For CRWENewswire Stocks to watch, I’m Shalika Jayasekera
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