RECY also turned up yesterday. Perhaps this is why:
Headline: Buy Recommendation on Recycling Industries, Inc. Issued by Imperial
Capital, LLC
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BEVERLY HILLS, Calif., Dec. 19 /PRNewswire/ -- Imperial Capital, LLC
initiated research coverage of Recycling Industries, Inc., (NASDAQ:RECY) with
a BUY RECOMMENDATION.
Recycling Industries, Inc., headquartered in Englewood, Colorado, is a
rapidly growing consolidator of metals recycling companies, providing quality,
value-added products and services to its customers. Recycling Industries is
actively pursuing the acquisition, integration and growth of metals recycling
companies.
Imperial Capital, LLC is an indirect majority owned subsidiary of Imperial
Credit Industries, Inc. (NASDAQ:ICII). Imperial Capital, LLC recently
completed the purchase of substantially all of the assets of
Dabney/Resnick/Imperial, LLC a broker/dealer headquartered in Beverly Hills,
California to provide a cornerstone for its new business. Imperial Credit
Industries, Inc. and its subsidiaries offer a wide variety of financial
services and investment products nationwide.
This Press Release contains forward looking statements within the means of
the Private Securities Litigation Reform Act of 1995, which can be identified
by the use of forward-looking terminology such as "may," "will," "intend,"
"should," "expect," "anticipate," "estimate" or "continue" or the negatives
thereof or other comparable terminology. The Company's actual results could
differ materially from those anticipated in such forward-looking statements as
a result of certain factors.
SOURCE Imperial Capital, LLC
-0- 12/19/97
/CONTACT: Jason Reese, President, 310-246-3629, or Dale Leshaw,
Co-Director of Research, 310-246-3742, both of Imperial Capital, LLC/ |
