latest news releases from the newsroom
Malvern Bancorp, Inc.
Malvern Federal Bancorp, Inc. Announces Results for the Third Quarter of Fiscal 2009
PAOLI, Pa., July 24, 2009 (GLOBE NEWSWIRE) -- Malvern Federal Bancorp, Inc. (the "Company") (Nasdaq:MLVF), the "mid-tier" holding company for Malvern Federal Savings Bank (the "Bank"), today announced net income for the three months ended June 30, 2009 of $154,000 compared to net loss of $63,000 for the three months ended June 30, 2008. Earnings per share on the Company's outstanding common shares were $0.03 for the quarter ended June 30, 2009. Additionally, the Company reported net income of $1,042,000, or $0.18 per share, for the nine months ended June 30, 2009 compared to net income of $874,000 for the nine months ended June 30, 2008. During the three and nine months ended June 30, 2008 there were no reportable earnings per share as the Company did not complete its initial public offering until May 2008. The Company's results for the prior year periods include the effect of a $1.2 million (pre-tax) non-recurring charge for the Company's contribution to the Malvern Federal Charitable Foundation in May 2008 in connection with the Bank's mutual holding company reorganization and the Company's initial public offering.
Skymark Research Initiates Complimentary Research Coverage On Lifeline BioTechnologies, Inc.
CALGARY, Alberta, July 24, 2009 (GLOBE NEWSWIRE) -- Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on Lifeline BioTechnologies, Inc.(Pink Sheets:LLBO). Skymark Research is currently offering a complimentary trial subscription. To view our research go to: www.skymarkresearch.com