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SYNL, EXL, HPQ, BMY Stock Market Report from PennyGovernance.com

Synalloy Corporation (NASDAQ: SYNL) recorded sales of $40,241,000 for the fourth quarter of 2011, up 7% from 2010. Net earnings for the quarter were $1,017,000, or $0.16 per share, down 30% from the prior year. This compares to sales of $37,639,000 and net earnings of $1,462,000, or $0.23 per share, in the fourth quarter of 2010. For the year 2011, sales were $170,575,000, up 13% from sales of $151,121,000 in 2010. Net earnings for 2011 increased 44% to $5,797,000 or $0.91 per share compared to $4,034,000 or $0.64 per share for 2010.
On its Metals Segment, Sales increased 9% to $29,974,000 while operating income increased 35% to $1,948,000 in the fourth quarter of 2011 from the same period a year earlier.
The Specialty Chemicals Segment’s revenues increased for the fourth quarter of 2011 by 2% compared to the fourth quarter of 2010.
SYNL, together with its subsidiaries, manufactures and sells pipes and piping systems in the United States and internationally. It operates in two segments, Metals and Specialty Chemicals.
For more information about SYNL please visit http://www.synalloy.com
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Excel Trust, Inc. (NYSE:EXL), a retail focused real estate investment trust (REIT), recently acquired two properties for approximately $48.5 million. “These transactions cap off a wonderful year for Excel Trust with acquisitions totaling over $265 million,” commented Gary Sabin, Excel Trust`s Chairman and CEO. He went on to say, “We continue to execute our long-term strategy of purchasing competitively protected properties in pockets of strength throughout the U.S. Other accomplishments for 2011 include successfully strengthening our balance sheet by increasing our equity base and expanding our credit facility. We are pleased with our current pipeline of attractive opportunities which will further enhance our portfolio in the coming year.”
Excel Trust, Inc. is a retail focused REIT that targets community and power centers, grocery anchored neighborhood centers and freestanding retail properties.
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Hewlett-Packard Company (NYSE:HPQ) recently announced that the potential existed for a certain type of unauthorized access to some HP LaserJet printers and confirmed it has received no customer reports of unauthorized access. HP issued the following statement: HP has built a firmware update to mitigate this issue and is communicating this proactively to customers and partners. No customer has reported unauthorized access to HP. HP reiterates its recommendation to follow best practices for securing devices by placing printers behind a firewall and, where possible, disabling remote firmware upload on exposed printers.
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure to solve customer problems.
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Bristol-Myers Squibb Company (NYSE:BMY) recently reported that the Phase III BRISK-PS (Brivanib Study in HCC Patients at Risk Post Sorafenib) clinical trial in patients with hepatocellular carcinoma (HCC; liver cancer) who failed or are intolerant to sorafenib did not meet the primary endpoint of improving overall survival versus placebo.
Bristol-Myers Squibb is advancing a portfolio of compounds that aim to address unmet medical needs across the liver disease continuum, including hepatitis C, hepatitis B and liver cancer.
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