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Home > (MLR, CLNO, ABD, DAN, LIZ) Stock under Consideration by CRWEWallStreet.com

(MLR, CLNO, ABD, DAN, LIZ) Stock under Consideration by CRWEWallStreet.com

July 30th, 2011 at 04:21 pm







Miller Industries, Inc. (NYSE:MLR) announced its subsidiary, Miller Industries Towing Equipment Inc., has been awarded an add-on order to manufacture 140 recovery units for a prime contractor under a government-related order. These units are scheduled to be delivered through the end of 2011. Jeffrey I. Badgley, Chief Executive Officer of the Company, stated, "We are pleased to have been awarded this add-on order, which again demonstrates the elite quality of our product offering and our ability to meet tight customer deadlines.

Miller Industries, Inc. engages in the manufacture and sale of vehicle towing and recovery equipment in North America and internationally.

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Cleantech Transit Inc (CLNO)

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.

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).

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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ACCO Brands Corporation (NYSE:ABD) reported its second quarter results for the period ended June 30, 2011. "We were very pleased with the strength of our results," said Robert J. Keller, chairman and chief executive officer. "Despite an uncertain economic environment, we grew our top and bottom lines, returned our European operations to profitability and significantly improved our cash position. We are confident that we are well-positioned to meet our financial targets for the year."

ACCO Brands Corporation designs, develops, manufactures, and markets traditional and computer-related office products and supplies principally in North America, Europe, and Australia.

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Dana Holding Corporation (NYSEBig GrinAN) announced its second-quarter 2011 results, including net income of $68 million and adjusted EBITDA of $201 million, which compared to $9 million and $154 million, respectively, for the prior-year period. Sales for the quarter were $1.9 billion, up more than 25 percent over the second quarter of 2010. Higher production volumes and ongoing operating improvements enabled Dana to achieve an adjusted EBITDA margin of 10.4 percent, compared to 10.1 percent for the previous and prior-year periods. Diluted adjusted earnings per share (EPS) in the quarter were $0.45, compared to $0.24 in the prior-year period.

Dana Holding Corporation engages in the design, manufacture, and supply of products for vehicle manufacturers worldwide.

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Liz Claiborne Inc. (NYSE:LIZ) announced earnings for the second quarter of 2011. For the second quarter of 2011 on a GAAP basis, the loss from continuing operations was ($88) million, or ($0.93) per share, compared to a loss from continuing operations of ($77) million, or ($0.81) per share, for the second quarter of 2010. Adjusted loss per share from continuing operations for the second quarter was ($0.34), compared to an adjusted loss per share from continuing operations of ($0.16) for the second quarter of 2010 (inclusive of losses of ($0.04) per share in the second quarter of 2011 and gains of $0.12 per share in the second quarter of 2010, primarily resulting from the impact of changes in foreign currency exchange rates on our eurobond).

Liz Claiborne, Inc. engages in the design and marketing of a range of apparel and accessories.

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