Income Recap: RBY, APPY, OBCI, RKUS

New York, NY -- (SBWIRE) -- 02/26/2013 -- Rubicon Minerals Corp. (USA) (NYSE:RBY) shares gained 13.40% to $2.37. The company, last month, provided an update on the construction and development of the Phoenix Gold Project. The Company continues to make good progress with the sinking of the shaft. Contractor crews are currently excavating the 610 m level station. During November and December of 2012, the Company encountered unfavourable ground conditions that impacted the rate of development.

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Venaxis, Inc. (NASDAQ:APPY) a company that operates as a biomedical company in the United States and its research and development activities primarily focuses on a human acute appendicitis blood-based test is currently up (+22.48%) on 881,854 shares traded after Venaxis upgraded to Buy from Hold at Canaccord. Venaxis, Inc. (NASDAQ:APPY) is currently up (+124.58%) from its recent 52-week low which has prompted Growing Stock Report to add the stock to their NASDAQ Gainers Watch List.

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Ocean Bio-Chem Inc. (NASDAQ:OBCI) a company that engages in the manufacture, marketing, and distribution of various appearance and maintenance products for boats, recreational vehicles, automobiles, and home care markets, as well as private label formulations in the United States and Canada closed up (+25.76%) on 843,972 shares traded after Ocean Bio-Chem Inc announced the U.S. Environmental Protection Agency approval of Ocean Bio-Chem's new product. Ocean Bio-Chem Inc. (NASDAQ:OBCI) is currently up (+83.52%) from its recent 52-week low which has prompted Growing Stock Report to add the stock to their NASDAQ Gainers Watch List.

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Ruckus Wireless Inc (NYSE:RKUS) shares jumped 8.25% to $21.26. The company yesterday announced that Nomsys LLC, an Internet service provider based in Mongolia, has selected Ruckus Smart Wi-Fi products and technology to create the largest Wi-Fi access network in Mongolia’s capital city of Ulaanbaatar.

Additionally, the company, on Feb. 12, posted fourth-quarter net income net income of $1.7 million or $0.03 per share. Non-GAAP net income for the quarter was $6.1 million or $0.07 per share. Total revenues for the quarter were $62.16 million. Analysts expected the company to earn $0.05 per share on revenue estimate of $60.46 million.

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