LMI Aerospace, Inc. (Nasdaq:LMIA), a leading provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets, today announced financial results for the fourth quarter and full-year 2010. Highlights for LMI Aerospace include: Sales of $223.4 million for full-year 2010; fourth quarter 2010 revenue down slightly from prior year but up from third quarter 2010; Free cash flow of $2.3 million for the fourth quarter and $19.7 million for the full-year 2010; Fourth quarter tax benefit of $1.2 million; Revenue guidance for fiscal 2011 increased to between $259 million and $271 million as Engineering Services should benefit from Boeing's recent award to build tanker aircraft; and, Both segments are hiring to support expected growth.
LMI Aerospace, Inc. is a leading provider of design engineering services, structural assemblies, kits and components to the aerospace, defense and technology markets.
Trace amounts of lithium are present in the oceans and in all organisms. The element serves no apparent vital biological function, since animal and plants survive in good health without it. Nonvital functions have not been ruled out. The lithium ion Li+ administered as any of several lithium salts has proved to be useful as a mood-stabilizing drug due to neurological effects of the ion in the human body. Force Energy Corp. (OTCBB:FORC) very recently reported plans to commence a two-phase exploration program on the Zoro 1 property in the Snow Lake area of west-central Manitoba, Canada. The Zoro property hosts seven rare metal spodumene-bearing pegmatite dykes, six of which have received only cursory exploration. The main mass of spodumene discovered to date is exposed in a single pegmatite dyke exposed by seven trenches.
Mineralization in this dyke has not been fully delineated and a recommended exploration program will assess the potential for more spodumene zones. The geological characteristics of the remaining dykes on the property will be determined by detailed mapping and trenching followed by assay. Rare earth and precious metal contents in the pegmatite dykes, not considered during historic exploration, will also be assessed in this program. ( Read More http://crweselect.com/22662/stock-alerts/lima-forc-scd-dara-tli-stock-ma... )