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Tag: First Trust

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Grubb & Ellis Company (NYSE:GBE) released its 2011 Real Estate Forecast, which foresees the start of a slow recovery in the leasing market for all property types in the coming year. Activity in the investment market, which began its recovery earlier than anticipated in 2010, will expand beyond assets at the top and bottom of the quality scale to include properties with slightly more risk.

Thwapr, Inc. (THWI.OB) has continued expansion in North America with the launch of its suite of mobile video sharing services in the Canadian market. Both consumers and marketers based in Canada now have access to the easiest and most reliable way to share videos and photos to more than 300 mobile devices, Facebook and Twitter.

First Trust/Fidac Mortgage Income Fund (NYSE:FMY) has declared the Fund’s regularly scheduled monthly common share distribution and special distribution payable on January 14, 2011 to shareholders of record as of December 31, 2010. The ex-dividend date is expected to be December 27, 2010.

Pier 1 Imports Inc. (NYSE:PIR) previously reports financial results for the third quarter. Comparable store sales increase of 10.2% versus last year’s increase of 13.7%. Merchandise margins of 58.9% of sales compared to 56.6% last year. Gross profit of 40.7% of sales compared to 36.6% last year. Operating income of $21.9 million compared to $2.8 million last year.

American Vanguard Corp. (NYSE:AVD) reported that its wholly-owned subsidiary, Amvac Chemical Corporation, has completed the acquisition of two insecticide product lines from Bayer CropScience, LLC.

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