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Fiscal Revenues improved by 37% Fiscal EBITDA improved by $2.1 million
ANN ARBOR, Mich.–(BUSINESS WIRE)– Advanced Photonix, Inc.® (NYSE Amex: API) (the "Company") today reported its fourth quarter and year end fiscal 2011 results ending March 31, 2011.
Financial Highlights for the Fourth Quarter and Fiscal Year Ended March 31, 2011
Net Sales for the quarter were $7.8 million, an increase of $2.7 million or 52% from the fourth quarter ended March 31, 2010. Sequentially,
Continue reading: Advanced Photonix Reports Fourth Quarter and Fiscal 2011 Results
ANN ARBOR, Mich.–(BUSINESS WIRE)– Advanced Photonix® company (NYSE Amex: API), announced today that it has shipped the second Computer Tomography (CT) accessory to NICT in Japan. Building upon its previously purchased T-Ray 4000®, NICT is expanding its base system capability, by incorporating a CT gantry with a 20" horizontal and a 12" vertical scanning capability.
About Computed Tomography
Computed Tomography (CT) is a powerful nondestructive evaluation technique for producing 2D and 3D cross-sectional images of an
Continue reading: Advanced Photonix, Inc. Announces Sale of Computer Tomography System Option
Terumo Cardiovascular Systems Corp. agrees to give up $35 million in profits
SILVER SPRING, Md., March 22, 2011 /PRNewswire-USNewswire/ — The U.S. Food and Drug Administration today announced that Terumo Cardiovascular Systems Corporation (TCVS) of Ann Arbor, Mich., and two of its officers, Mark A. Sutter, president and chief executive officer, and Mark Lincoln, vice president of Quality Assurance and Operations, have signed a consent decree of permanent injunction.
(Logo: http://photos.prnewswire.com/prnh/20090824/FDALOGO)
The consent decree, to be
Continue reading: Terumo Into Consent Decree with FDA
ANN ARBOR, Mich., March 10, 2011 /PRNewswire/ — Affinia Group Inc., an innovative global leader in the design, manufacture, distribution and marketing of industrial grade products and services, today reported its financial results for the fourth quarter and full year ended December 31, 2010.
(Logo: http://photos.prnewswire.com/prnh/20090326/AFFINIALOGO )
Full Year 2010
Consolidated net sales for the full year 2010 were $1.991 billion, as compared to $1.797 billion for 2009, an 11 percent improvement. The $194 million growth in net
Continue reading: Affinia Group Announces Record Sales and Profit for 2010
-Down Under Promotion offers $100 rebate and chance to win Curtis Stone products-
ANN ARBOR, Mich., March 11, 2011 /PRNewswire/ — Durability is the number one attribute homeowners want from the cabinet under their kitchen sink, according to a recent survey commissioned by Merillat cabinetry. Secondly, they want it to be easy to clean. The new Merillat CoreGuard™ Sink Base answers these requirements by helping to keep cabinetry dry and clean for years to come. What’s
Continue reading: Merillat Launches Promotion Around Revolutionary Sink Base Cabinet
ANN ARBOR, Mich., March 10, 2011 /PRNewswire/ — On March 7, 2011, Mr. Wainright and our Board of Directors mutually determined that Mr. Wainright will separate his employment with us after an approximately 90-day transition period. During that period, our management and Board of Directors will conduct a search for a successor to Mr. Wainright as our Chief Executive Officer, including a review of internal candidates.
Kent Herrick, Chairman of the Board of Directors of
Continue reading: Tecumseh Products Company Announces Transition of Leadership
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