Thursday, January 24, 2013

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Tuesday Jan. 26, 2010

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Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT) reported executing a Worldwide License and Distribution Agreement for CTI�s Green D Plus Nano Cavitation Reactor Systems with Desmet Ballestra Group. According to industry analysts, this new technology can save a minimum $1.26 per ton of oil processed. Worldwide, more than 163 million tons of edible oils are produced and consumed each year of which 57 million tons is soy and canola oil. Conservatively estimated, implementation of CTI Green D Plus Nano Cavitation Technology will save the industry more than $70 Million USD every year for soy and canola installations alone. CTI projects significant revenue within the next 12 months having initial commitment for at least 20 plant installations annually.

MoneyGram International (NYSE: MGI) today announced that is extending through Jan. 31, 2010 its special pricing of $1 USD (and similar pricing in foreign currencies) for money transfers to Haiti from any of MoneyGram’s 186,000 locations throughout the world. The company also said that 40 of its money-transfer agent locations in earthquake-stricken Haiti are currently operational and able to receive transfers, including three in Port au Prince and five locations in surrounding cities.

Shoe Carnival, Inc. (Nasdaq: SCVL), a leading retailer of value-priced footwear and accessories, today announced the successful completion of a new revolving credit facility. The new credit agreement provides for up to $50 million in loans and commercial and standby letters of credit through April 30, 2013. The new agreement revises and updates certain terms and covenants contained in the prior credit agreement.

Standex International Corporation (NYSE:SXI) today announced its Board of Directors has declared a quarterly cash dividend of $0.05 cents a share, which is payable February 25, 2010 to stockholders of record February 8, 2010.

UMB Financial Corporation (NASDAQ: UMBF), a financial services holding company, announced earnings for the three months ended December 31, 2009, of $23.9 million or $0.59 per share ($0.59 diluted). This is an increase of $3.6 million, or 18.0 percent, compared to fourth quarter 2008 earnings of $20.2 million or $0.50 per share ($0.49 diluted). Earnings for the year ended December 31, 2009, were $89.5 million or $2.22 per share ($2.20 diluted). This is a decrease of $8.6 million, or 8.8 percent, compared to the prior year-to-date earnings of $98.1 million or $2.41 per share ($2.38 diluted).

Cambridge Bancorp (OTCBB: CATC) today announced unaudited net income of $10,277,000 for the year ended December 31, 2009, representing an increase of $664,000 or 6.9% compared to net income of $9,613,000 for the year ended December 31, 2008. Diluted earnings per share (EPS) were $2.75, a 7.4% increase over diluted earnings per share for the prior year.

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