SYNL, DDD, EBF, SYA Stock Market Update from CRWEPicks.com

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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.

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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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3D Systems Corporation (NYSE:DDD) announced that it plans to present at the 14th annual Needham Growth Conference on Thursday, January 12, 2012 at 2:50 PM EST at the New York Palace Hotel in New York, NY. Abe Reichental, President and Chief Executive Officer, and Damon Gregoire, Senior Vice President and Chief Financial Officer, will update investors on the operational and strategic progress the company is making.

3D Systems Corporation, through its subsidiaries, engages in the design, development, manufacture, marketing, and servicing of 3D printers and related products, print materials, and services.

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Ennis, Inc. (NYSE:EBF) Keith S. Walters, Chairman, President and Chief Executive Officer of Ennis, Inc. (NYSE: EBF), a manufacturer of business forms, apparel and other business products headquartered in Midlothian, Texas, announced that the Board of Directors has declared a quarterly cash dividend of 15 1/2 cents a share on its common stock. The dividend is payable January 30, 2012 to shareholders of record on January 9, 2012.

Ennis, Inc., together with its subsidiaries, engages in production and sale of business forms, other business products, and apparel.

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Symetra Financial Corporation (NYSE:SYA) announced that the company is replacing its existing $200 million senior unsecured revolving credit facility with a new four-year $300 million facility. This new arrangement provides Symetra with access to an appropriately sized source of liquidity through 2015. In addition, JPMorgan Chase Bank, N.A., will replace Bank of America, N.A., as administrative agent.

Symetra Financial Corporation, through its subsidiaries, provides group and individual insurance products and retirement products in the United States and the District of Columbia.

 

 

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