Enzo Biochem, Inc. (NYSE:ENZ) reported improved sequential results for the first fiscal quarter ended October 31, 2010, the result of recent programs to reduce expenses, consolidate activities and expand operations.

Among the quarter’s highlights (all references are to sequential quarter over quarter results, normalized for an inventory charge and severance of $1.8 million where applicable):

* Enzo Life Sciences, benefiting from increased emphasis on higher margin products, realized a greater than 100% gain in operating income.
* Enzo Clinical Labs increased revenues 6%, while reducing the operating loss 62%.
* Company-wide, gross margin increased $2.0 million or 17%.
* Operating expenses decreased 7%, or to 57% of revenues, from 63%.
* EBITDA, a non-GAAP measure, was $23,000, an improvement of $2.9 million from the prior quarter.
* Net loss for the quarter was reduced 70%.

Enzo Clinical Labs benefited in the quarter from increased market share and service volume increases in connection with its being named a participating provider for Empire BlueCross BlueShield in the metropolitan New York area. Revenues increased to $12.4 million, compared to $11.1 million a year ago and $11.7 million in the July 2010 quarter, gains of 12% and 6%, respectively.

Enzo Life Sciences’ profitability for the quarter improved due to benefits from the plan instituted in July to integrate functions and rationalize workforce levels. Product and royalty and license fee revenues of $13.3 million in the fiscal 2011 first quarter, compared with $14.1 million a year ago, and $13.2 million in the preceding three months. Product revenues declined $0.6 million over the prior year period mainly due to planned reduction in lower margin distributed products.

Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of test services, including esoteric tests, to the medical community.

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Alaska Air Group, Inc. (NYSE:ALK) unveiled the team’s official uniforms, training wear and apparel line that will be featured during the Timbers’ inaugural Major League Soccer (MLS) season in 2011. The event, dubbed “Runway on the Runway,” was held in the 64,000-square-foot hangar of Alaska Airlines’ sister carrier, Horizon Air, at Portland International Airport. Timbers players and Alaska Airlines and Horizon Air employees revealed the team’s official look to some 1,000 fans and supporters. To further mark the occasion, Alaska Airlines unveiled a specially-themed Boeing 737-700 emblazoned with “Proud Jersey Sponsor” alongside the team logo and iconic green, yellow and white Timbers scarf.

Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group together serve more than 90 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico.

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Dillard’s Inc. (NYSE:DDS) announced that the Board of Directors declared a cash dividend of 4 cents per share on the Class A and Class B Common Stock of the Company payable February 1, 2011 to shareholders of record as of December 31, 2010.

Dillard’s, Inc., together with its subsidiaries, operates as an apparel and home furnishing retailer in the United States.

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Unisource Energy Corp. (NYSE:UNS) has declared a fourth quarter dividend for common shareholders of 39 cents per share. The dividend will be paid on December 28, 2010, to common shareholders of record as of December 16, 2010. The declaration of dividend payments is at the board’s sole discretion and is subject to numerous factors that ordinarily affect dividend policy, including the results of UniSource Energy’s operations and its financial position as well as general economic and business conditions.

UniSource Energy’s primary subsidiaries include Tucson Electric Power, which serves more than 400,000 customers in southern Arizona; and UniSource Energy Services, provider of natural gas and electric service for about 235,000 customers in northern and southern Arizona.

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