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Oncothyreon Inc. (Nasdaq:ONTY) reported financial results for the second quarter ending June 30, 2011. Net loss from operations increased to $5.8 million in the second quarter of 2011 from $4.7 million in the second quarter of 2010, and to $11.7 million for the six months ended June 30, 2011 compared to $10.2 million for the comparable period in 2010.
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Argo Group International Holdings, Ltd. (Nasdaq:AGII) announced its board of directors has declared a quarterly cash dividend of 12 cents per share on the company's common stock. The dividend will be paid on Thursday, Sept. 15, 2011, to shareholders of record on Thursday, Sept. 1, 2011.
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MedCath Corporation (Nasdaq:MDTH) announced the completion of the sale of its ownership interest and management rights in Arkansas Heart Hospital to AR-MED, LLC., which is majority owned by Dr. Bruce Murphy, a physician affiliated with Little Rock Cardiology Clinic, P.A., and a current investor in the Arkansas Heart Hospital.
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Gladstone Investment Corporation (Nasdaq:GAIN) announced earnings for the quarter ended June 30, 2011.Net Investment Income for the Quarter: Net Investment Income for the quarters ended June 30, 2011 and 2010 was $3.5 million, or $0.16 per share, and $4.2 million, or $0.19 per share, respectively, a decrease in Net Investment Income of 16.8%.