Acacia shares dive after firm announces second-best quarterly revenue results in its history 20 Apr 13
Joff Wild Acacia shares lost over 27% of their value yesterday as the markets reacted negatively to the publicly-quoted NPE’s first quarter figures, which were released on Thursday. The firm reported a drop in operating revenues to $76,861,000 and a decline in net income to $5.11M or $0.11 a share compared to Q1 2012’s $49.93M or $1.09 a share; with...
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