"In making the announcement, the Company stated there can be no assurance that the exploration of strategic alternatives will result in any transaction. The Company undertakes no obligation to make any further announcements regarding the exploration of strategic alternatives unless and until a final decision is made."
GKNT closed at $15.03 on Friday, 02012,05.11, up 14.2% for the day. Trading volume was only 64,537 shares.
Spire (SPIR) reported 1Q'12 results prior to the market opening on Friday, 02012.05.11. From the company's press release.
“We anticipate the softness in the solar industry to continue for a while longer. However, the bottom in equipment spending is expected to occur sometime toward the end of 2012, as manufacturers begin capital improvement programs including equipment updates and expansion. Market researchers predict a return to double digit growth sometime in 2013 that would extend for at least the next several fiscal years." -- CEO Roger Little
SPIR closed on 02012.05.11 at $1.03, up 13.2% for the day. Volume was only 27,940 shares.
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