New York, NY - May 11, 2012 - www.InvestorIdeas.com, a leader in
sector research for independent investors issues a trading alert for TSX
percentage gainers for May 10, 2012. The Standard & Poor's/TSX
Composite Index rose 61.16 (0.52%) to close at 11,736.17.
Centric Health Corporation (TSX:CHH) shares climbed $ 0.24 (21.82%)
to end at C$1.34 on above average volume. The company has closed its
previously announced private placement of $15 million in subordinated
unsecured convertible notes and 4,050,000 warrants from the private
placement in order to repay its senior debt.
Mawson Resources Limited (TSX:MAW) gained 0.24 (21.82%) to close at
C$1.34 without any official news. Mawson Resources Limited is
principally engaged in the exploration for uranium and gold in Sweden
and Finland and gold and copper in Peru.
Poseidon Concepts Corp (TSX:PSN) rose 1.59 (13.72%) to end at
C$13.18 after the company reported first quarter results. The company
earned $29.63 million on revenue of $52.13 million, compared to a year
profit of $6.28 million on revenue of $11.32 million. For FY2012, the
company now expects EBITDA of $210 million, an upward revision from the
$170 million forecast in January 2012 and from original guidance of $130
million in September 2011.
Linamar Corporation (TSX:LNR) added $ 2.23 (11.95%) to close at
C$20.89 after the company posted better-than-estimated first quarter
earnings. Linamar earned $39.6 million, or 61 cents per share, from a
year ago profit of $24.9 million. Revenue during the quarter grew 24.40%
to $840 million from $675.2 million. Analyst at Scotia upgraded the
stock to sector outperform.
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