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Home > (ASTE, ADPI, NEOG, CLNO, BBOX) Stock in Review by CRWEWallStreet.com

(ASTE, ADPI, NEOG, CLNO, BBOX) Stock in Review by CRWEWallStreet.com

July 29th, 2011 at 03:06 pm







Astec Industries, Inc. (Nasdaq:ASTE) reported results for their second quarter ended June 30, 2011. The Company reported net income attributable to controlling interest of $14.1 million for the second quarter of 2011 compared to $10.3 million for the second quarter of 2010 for an increase of 36.9%. Net income attributable to controlling interest for the second quarter of 2011 was $0.61 per diluted share compared to $0.45 per diluted share for the second quarter of 2010 for a 35.6% increase.

Astec Industries, Inc. engages in the design, engineering, manufacture, and marketing of equipment and components used in road building, utility, and related construction activities worldwide.

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American Dental Partners, Inc. (Nasdaq:ADPI) announced financial results for the quarter ended June 30, 2011. Comparing results for the second quarter of 2011 with results for the second quarter of 2010: Net revenue was $73,953,000 for the second quarter of 2011 as compared to $72,366,000 for the second quarter of 2010. Earnings from operations were $5,987,000 for the second quarter of 2011 as compared to $7,959,000 for the second quarter of 2010.

American Dental Partners, Inc. provides business services, dental facilities, and support staff to multidisciplinary dental group practices in the United States.

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Neogen Corporation (NASDAQ:NEOG) announced that net income for its 2011 fiscal year, which ended May 31, increased 30% from the previous year to $22,839,000. Net income in the fiscal year increased to $0.96 per share, compared to the prior year's $0.76 per share. Neogen's revenues for its FY 2011 increased 23% to $172,683,000, up from $140,509,000 in the company's previous fiscal year. Both revenues and net income for the 2011 fiscal year established new all-time highs for the 29-year-old company.

Neogen Corporation, through its subsidiaries, engages in the development, manufacture, and sale of various products for food safety testing and animal health applications. It operates in two segments, Food Safety and Animal Safety.

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Cleantech Transit Inc (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

Living plant material is the source of all biomass fuel. Some biomass fuel resources are waste products left over after plant materials have been used for other purposes or consumed by animals. Other biomass resources are plant materials directly harvested for their energy value. Biomass fuels are readily available throughout the world. OregonĀ“s biomass resources include wood, agricultural crop residue and organic waste.
The Pacific Northwest generates as much as 1,000 trillion Btu of biomass fuel each year. However, competing uses and the cost of collection and transportation limit the amount that is available for energy production. Only one-third of the total biomass fuel generated annually may be economically available for electric power production in the region.

For more information about CLNO, visit www.cleantechtransitinc.com

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Black Box Corporation (NASDAQ:BBOX) announced the acquisition of PS Technologies, LLC (PS Tech), a privately-held company headquartered in Dayton, OH. PS Tech is the first Black Box acquisition in the rapidly-growing enterprise video communications market and services clients in the healthcare and government verticals. PS Tech is a Cisco TelePresence Video Master certified partner with expertise ranging from integration of remote offices via desktop conferencing to deployment of the latest in world class TelePresence technology. PS Tech sells and services solutions throughout the continental U.S., Europe and the Pacific Rim. Annual historical revenues of PS Tech are approximately $28 million.

Black Box Corporation provides network infrastructure services for communication systems. The company offers design, installation, integration, monitoring, and maintenance of voice, data, and integrated communication systems.



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