Deckers Outdoor Corporation Reports Fourth Quarter and Fiscal 2012 Financial Results

Fourth Quarter Sales Increased 2.2% to a Record $617.3 Million
Company Reports Fourth Quarter Diluted Earnings Per Share of $2.77
Fiscal 2012 Sales Increased 2.7% to a Record $1.414 Billion
Company Reports Fiscal 2012 Diluted Earnings Per Share of $3.45

Deckers Outdoor Corporation (DECK) today announced financial results for the fourth quarter and fiscal year ended December 31, 2012.

Fourth Quarter Review

• Net sales increased 2.2% to a record $617.3 million compared to $603.9 million for the same period last year.

  Published: 01 March 2013

  Written by Editor

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U.S. EPA Approves Ocean Bio-Chem's New Liquid Disinfectant, Xtrem-A-Cide P(R) -- Effective Against Salmonella, Hepatitis A, Influenza-A, E-Coli, Numerous Other Viruses and Fungi

Ocean Bio-Chem, Inc. ( NASDAQ : OBCI ), a leading manufacturer and distributor of appearance, performance, and maintenance products serving the marine, automotive, power sports, recreational vehicle and outdoor power equipment markets, is pleased to announce the U.S. Environmental Protection Agency approval of Ocean Bio-Chem's new product, Xtrem-A-Cide P®, a broad-spectrum disinfectant that is approved for use as a sanitizer, virucide, tuberculocide, fungicide, algaecide, slimicide and deodorizer.

This new product is an extension of Star brite's OdorStar line of NosGuard® mold and mildew products.

VOXX International Corporation Reports Fiscal 2013 Third Quarter Results

VOXX International Corporation (VOXX), today announced financial results for its fiscal 2013 third quarter ended November 30, 2012. 

Fiscal Third Quarter Highlights:

• Sales increased 17.5%, driven by the Hirschmann acquisition and increases in mobile OEM and in accessories.
• Gross margins of 28.8% ahead of internal projections due to product mix and increases in select categories; operating expenses, excluding Hirschmann decreased by $2.1 million or 5.1%.

  Published: 10 January 2013

  Written by Editor

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Leon's to acquire The Brick

Leon's Furniture Limited (TSX:LNF.TO - News) and The Brick Ltd. (TSX:BRK.TO - News) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") that provides for the acquisition of The Brick by Leon's by way of plan of arrangement (the "Arrangement") for $5.40 per share (the "Share Consideration"). Leon's will also acquire all of the outstanding common share purchase warrants of The Brick for $4.40 per warrant. The total consideration payable to Brick shareholders and warrantholders is approximately $700 million.

The Share Consideration represents a premium of approximately 62% to the 20-day volume weighted average price of The Brick's common shares on the TSX as of November 9, 2012. The warrants, which have an exercise price of $1.00 and expire on May 27, 2014, had a closing price on the TSX of $2.36 on November 9, 2012. The closing price of the Brick shares on the TSX on November 9, 2012 was $3.50.