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September 9th, 2011 at 12:54 pm
Cleantech Transit Inc. (CLNO)
There are many advantages of using biomass as an alternative energy source. Primarily, it can be renewable and have minimal impact on the environment. The negative effects of using fossil fuels as an energy source at current rates are well established. They stem from the fact that they are a non-renewable resource and are the major cause of greenhouse gas emissions causing global warming. Fossil fuels, such as crude oil, are geologically geographic dependent creating energy dependencies for countries that do not contain substantial fossil fuel resources. For these reasons several governments and individuals have researched the plausibility of alternative energy sources including some very familiar ideas: solar, wind, and hydro-power.
Read more at: http://crwewallstreet.com/?p=21236
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September 9th, 2011 at 12:50 pm
Ceradyne, Inc. (NASDAQ:CRDN) Chief Executive Officer Joel P. Moskowitz is scheduled to speak at ThinkEquity's 8th Annual Growth Conference to be held at Le Parker Meridien Hotel in New York on September 13-14, 2011. Mr. Moskowitz's presentation is scheduled to begin at 2:45 p.m. EDT on Tuesday, September 13. The presentation will include a discussion of the Company's business fundamentals, growth strategies, and outlook for the balance of 2011. The presentation will be webcast live and made available on the Event Calendar page of the Investor Relations section of Ceradyne's Web site, www.ceradyne.com.
Read more at: http://crwewallstreet.com/?p=21235
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September 9th, 2011 at 12:46 pm
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Cincinnati Financial Corporation (Nasdaq:CINF) announced that the company will participate in the INVESTOhio Equity Investment Conference. Steven J. Johnston, FCAS, MAAA, CFA, president and chief executive officer, will present on September 22 from 9:20 to 9:55 a.m. EDT. The presentation will be carried live over the Internet at www.cinfin.com/investors.
Read more at: http://crwewallstreet.com/?p=21234
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September 9th, 2011 at 12:39 pm
Crown Equity Holdings Inc. (CRWE)
Businesses today depend upon telecommunications. Whether it is Internet, E-mail, Customer Service through telephone, online web applications, and E-mail, or whatever your IT business needs may be, Voice over Internet Protocol offers to handle all of your needs with one application. Additionally, this reduces cost and increases productivity. VoIP also has combined with software applications that are perfect for many business needs. Software such as accounting programs, Email, and PC based applications help to save money by combining services.
Read more at: http://crwewallstreet.com/?p=21233
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September 9th, 2011 at 12:30 pm
Cleantech Transit Inc. (CLNO)
Biomass is among the most precious and versatile resources on earth. It provides not only food but also energy, building materials, paper, fabrics, medicines and chemicals. Biomass has been used for energy purposes ever since man discovered fire. Today, biomass fuels can be utilised for tasks ranging from heating the house to fuelling a car and running a computer.
Read more at: http://crwewallstreet.com/?p=21232
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September 8th, 2011 at 12:54 pm
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The Hartford Financial Services Group, Inc., (NYSE: HIG ) Liam E. McGee, chairman, president and chief executive officer will present at the Barclays 2011 Global Financial Services on Monday, Sept. 12, at approximately 9 a.m. EDT. In addition, McGee and Chris Swift, chief financial officer of The Hartford, will participate in a breakout session at approximately 9:45 a.m. EDT. The presentation and the breakout session will be webcast live on The Hartford's website at www.thehartford.com/ir.
The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally.
Read more at: http://crwewallstreet.com/?p=21227
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September 8th, 2011 at 12:50 pm
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MEMC Electronic Materials, Inc. (NYSE:WFR) announced that it has commenced an offer to exchange any and all of its outstanding $550,000,000 aggregate principal amount of 7.750% Senior Notes due 2019 (the "outstanding notes") for a like principal amount of new 7.750% Senior Notes due 2019 (the "exchange notes") which have been registered under the Securities Act of 1933, as amended (the "Securities Act") pursuant to an effective registration statement on Form S-4 filed with the Securities and Exchange Commission. The outstanding notes were originally issued on March 10, 2011 in a private placement exempt from the registration requirements of the Securities Act. Holders of these notes may exchange them for an equal principal amount of exchange notes.
Read more at: http://crwewallstreet.com/?p=21226
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September 8th, 2011 at 12:44 pm
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).
Read more at: http://crwewallstreet.com/?p=21225
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September 8th, 2011 at 12:41 pm
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Evercore Partners Inc. (NYSE:EVR) announced that its President and Chief Executive Officer, Ralph L. Schlosstein, and Chief Financial Officer, Robert B. Walsh, are scheduled to present at the 2011 Barclays Global Financial Services Conference in New York on Tuesday, September 13, 2011 at 4:15 p.m. Eastern Time. A live audio webcast of the presentation will be available on the Investor Relations section of Evercore's website at www.evercore.com.
Read more at: http://crwewallstreet.com/?p=21224
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September 8th, 2011 at 12:36 pm
Peabody Energy (NYSE:BTU) announced that it expects production at its North Goonyella Mine in Queensland to resume in four to six weeks, following a mid-August roof fall at the mine. The company estimates a third quarter 2011 EBITDA impact of up to $125 million with full-year effects of up to $175 million. North Goonyella typically produces 200,000 to 250,000 tons per month of high quality hard coking coal. Estimated impacts include reduced shipments as well as higher costs resulting from lower production and recovery activities.
Read more at: http://crwewallstreet.com/?p=21223
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September 7th, 2011 at 03:26 pm
VeriFone is a global leader in secure electronic payment technologies. We provide solutions, services, and expertise that enable electronic payment transactions and value-added services at the point of sale.
Our devices and systems process a broad spectrum of payment types including signature and PIN-based debit cards, credit cards, EMV smart cards, contactless, value-added applications, and signature capture. Our solutions incorporate existing and emerging technologies, comply with the latest global security standards, and take advantage of the latest connectivity options from GPRS, CDMA, and Wi-Fi to IP and Bluetooth-enabled devices.
VeriFone Reports Results for the Third Quarter of Fiscal 2011
VeriFone Systems, Inc. (NYSE:PAY), the global leader in secure electronic payment solutions, announced financial results for the three months ended July 31, 2011 (“Q3 FY11”).
Net revenues for Q3 FY11 were $317 million, compared to $292 million in the previous quarter and $261 million in the third quarter of fiscal year 2010 (“Q3 FY10”), a 21% year-over-year increase and the fifth straight quarter that net revenues grew more than 20% from the prior year.
Non-GAAP gross margins were 43% for Q3 FY11, compared to 43% in the prior quarter and 39% in Q3 FY10. GAAP gross margins for the latest quarter were 42% compared to 42% in the prior quarter and 37% in Q3 FY10.
Non-GAAP net income per diluted share for Q3 FY11 was $0.49, compared to $0.46 in the prior quarter and $0.36 for Q3 FY10, a 36% year-over-year increase. GAAP net income per diluted share for the latest quarter was $0.28, compared to $0.27 in the prior quarter and $0.21 in the year-earlier period. Cash balances increased $53 million in Q3 FY11 to $584 million.
“With the acquisition of Hypercom, VeriFone is stronger than at any point in our 30-year history,” said Douglas G. Bergeron, Chief Executive Officer. “We will continue to aggressively grow and develop innovative services and solutions in all regions of the world,” Mr. Bergeron continued. “We are well on our way to driving significant operating synergies and gross margin expansion through the elimination of overlapping expenses and through business process re-engineering.”
More about PAY at www.verifone.com
Read more at: http://crwewallstreet.com/?p=21215
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September 7th, 2011 at 03:21 pm
Globalstar, Inc. (Nasdaq:GSAT) announced that Mr. Laurent Wauquiez, the French Minister in charge of Space Operations, has issued to Globalstar its final authorization to operate its second generation constellation of satellites. Consequently, the French Ministry has commenced the process to register the satellites with the United Nations as provided under the Convention on Registration of Objects Launched into Outer Space. Globalstar's second generation satellite constellation represents one of the first space operations authorized the recently enacted French Space Act.
Read more at: http://crwewallstreet.com/?p=21211
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September 7th, 2011 at 03:18 pm
Majestic Gold Corp. (MJGCF.PK)
The prime use of gold is in electronics. In this age of high technology finds it indispensable in everything from pocket calculators to computers, washing machines to television and missiles to spacecraft. More commonly, the humble touch telephone in your home typically contains 33 gold-plated contacts. Gold still is popular for use in sliding style electrical contacts, especially where corrosion or very high humidity are factors. Another type of contact, a switch contact, also uses gold regularly.
Read more at: http://crwewallstreet.com/?p=21210
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September 7th, 2011 at 03:06 pm
FLIR Systems, Inc. (NASDAQ:FLIR) announced that it has been awarded a contract from the Naval Air Warfare Center Aircraft Division valued at up to $52.1 million for its Star SAFIRE® HD family of digital, high-definition, full-spectrum imaging systems. Under the terms of the three year, firm fixed price contract, the Navy has placed an initial order for $25.6 million of Star SAFIRE® 380-HD systems and related support, and has the option to procure an additional $26.5 million of Star SAFIRE® 380-HD and Star SAFIRE® HD systems over the next three years. The systems are expected to be deployed on aerostats as part of the Navy's Persistent Ground Surveillance System (PGSS) program.
FLIR Systems, Inc. designs, manufactures, and markets thermal imaging systems worldwide. The company operates through two divisions, Commercial Systems and Government Systems.
Read more at: http://crwewallstreet.com/?p=21209
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September 7th, 2011 at 03:02 pm
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read more at: http://crwewallstreet.com/?p=21208
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September 7th, 2011 at 02:56 pm
Royce Focus Trust, Inc. (Nasdaq:FUND) has declared a quarterly distribution of $0.11 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 23, 2011 to stockholders of record at the close of business on September 6, 2011 (ex-dividend on September 1, 2011). The price of shares issued for reinvestment will be determined on September 13, 2011.
Royce Focus Trust, Inc. is a close-ended equity mutual fund launched and advised by Royce & Associates. The fund primarily invests in the public equity markets across the globe.
Read more at: http://crwewallstreet.com/?p=21207
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September 7th, 2011 at 02:51 pm
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read more at: http://crwewallstreet.com/?p=21206
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September 7th, 2011 at 02:40 pm
B.O.S. Better Online Solutions Ltd. (Nasdaq:BOSC) reported its financial results for the second quarter of 2011. Revenues grew by 7.6% to $8.4 million, up from $7.8 million in the same quarter last year. Operating loss amounted to $89,000 compared to operating income of $376,000 in the same quarter last year. EBITDA amounted to $139,000 compared to $588,000 in the same quarter last year.
B.O.S Better Online Solutions Ltd., through its subsidiaries, provides mobile and radio frequency identification (RFID) solutions, and supply chain solutions for enterprise logistics and organizational processes.
Read more at: http://crwewallstreet.com/?p=21205
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September 7th, 2011 at 02:15 pm
Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) announced that the Company will present at three health care investment conferences during September 2011. Information of these conferences is provided: William Blair 2011 Life Sciences Conference. New York, NY, Wednesday, Sept. 7 1:20 p.m. ET. Morgan Stanley Global Healthcare Unplugged Conference, New York, NY Tuesday, Sept. 13. 3:55 p.m. ET, Jefferies 2011 Global Healthcare Conference , London, UK Tuesday, Sept. 27 9:20 a.m. ET. Interested parties can access a live audio web cast of these presentations at http://www.salix.com.
Read more at: http://crwewallstreet.com/?p=21204
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September 7th, 2011 at 01:16 pm
Cleantech Transit Inc. (CLNO)
Biomass is a renewable source of energy that has a much lighter environmental impact than traditional fossil fuels. As a part of the carbon cycle, harvesting energy from biomass produces only 10% of the carbon dioxide emissions than does burning fossil fuels. Putting biomass to use as a source of energy also reduces the amount of organic waste that ends up in landfills.
Read more at: http://crwewallstreet.com/?p=21203
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September 6th, 2011 at 03:19 pm
Esterline Corporation (NYSE:ESL) reported its fiscal 2011 third quarter (ended July 29) income from continuing operations of $37.7 million, or $1.21 per diluted share, on sales of $409.5 million. Year-ago income from continuing operations was $39.3 million, or $1.28 per diluted share, on sales of $378.3 million. Brad Lawrence, Esterline's Chief Executive Officer, said, "...overall, we're pleased with our third quarter. All three of Esterline's segments posted sales improvements, and consolidated gross margins improved nearly 100 basis points over last year." Lawrence reiterated comments he made last quarter regarding the anticipated moderation of the "...exceptional strength in our spare parts business that we have experienced over the last several quarters." He said airlines and distributors had been restocking depleted inventories, and the spare parts business now more accurately reflects air transport usage.
Esterline Technologies Corporation designs, manufactures, and markets engineered products and systems primarily for the aerospace and defense market, as well as for industrial/commercial and medical markets in the United States and Europe.
Read more at: http://crwewallstreet.com/?p=21199
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September 6th, 2011 at 03:15 pm
Crown Equity Holdings Inc. (CRWE)
Voice over IP (VoIP) technology for business provides many advantages to companies and individuals over both traditional telephone services and traditional IP communications.
Businesses are reducing costs using VoIP, improving customer service while gaining access to features and applications that increase worker productivity. The best business phone systems can stand the test of time and grow with your business needs. Businesses simply send all of their information over their Broadband Internet connection whether it be Internet data from PCs or voice calls from their employees. It all shares the same pipe, which could be DSL or Cable High Speed connection for Small Offices or T1/T3 cables for medium to larger sized businesses.
Read more at: http://crwewallstreet.com/?p=21198
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September 6th, 2011 at 03:12 pm
Orbit International Corp. (NASDAQ:ORBT) announced that its Power Group, through its Behlman Electronics, Inc. subsidiary ("Behlman"), received a $458,000 follow-on order for a COTS power supply for a computer system used on a major missile defense system. Deliveries are expected to commence in the fourth quarter of 2011 and continue through the second quarter of 2012. This COTS power supply is part of a system upgrade for an ongoing program for which Behlman received its initial order in July 2009. This follow-on order is Behlman's second, bringing the total value of related orders to $1.6 million. Furthermore, Behlman's customer has the option to purchase additional units valued at up to $810,000 by June 2012.
Orbit International Corp., through its subsidiaries, engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units.
Read more at: http://crwewallstreet.com/?p=21197
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September 6th, 2011 at 03:10 pm
Evolving Systems, Inc. (NASDAQ: EVOL) announced that an African customer has placed a significant upgrade order for the Company's Dynamic SIM Allocation™ (DSA) solution, providing support for mobile broadband and number selection. The initial phase of the DSA solution allowed the operator to overcome many of the issues associated with pre-provisioning, such as number utilization, network capacity and regulatory constraints. Instead of batch pre-provisioning, DSA enables the operator to instead provision the SIM card when the phone is first switched on and used. Key network elements such as the HLR will only be provisioned at the time of first use, freeing up valuable network capacity and reducing operational costs.
Evolving Systems, Inc. provides software solutions and services to the wireless, wireline, and Internet protocol (IP) cable markets.
Read more at: http://crwewallstreet.com/?p=21196
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September 6th, 2011 at 03:06 pm
DaVita Inc. (NYSE VA) announced the appointments of Atul Mathur and Björn Englund to lead two separate international expansion efforts. "These appointments signal a sharp focus, and long-term commitment to international growth," said Kent Thiry, DaVita CEO and chairman of the board. "Developing global markets will play an important role in our long-term expansion strategy."
DaVita Inc. provides kidney dialysis services in the United States. It offers services for patients suffering from chronic kidney failure, or end stage renal disease (ESRD).
Read more at: http://crwewallstreet.com/?p=21193
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September 6th, 2011 at 03:04 pm
Cleantech Transit Inc (CLNO)
The idea behind renewable energy is that energy can be derived from sources that are always available since they are naturally replenished, rather than from sources that are non-renewable and so will run out. Once a non-renewable source of energy has been used, it is gone. Renewable sources of energy cannot be depleted.
Renewable energy is a form of energy that comes from a source that is not going to run out. It offers an alternative to non-renewable sources of energy, which are derived from sources that will one day be completely depleted. Energy sources such as oil are non-renewable. There is only a certain amount of oil in the world, and oil is no longer being produced, which means that at some point it will all be used up. A renewable source of energy is one that is constantly being created, so it is always there to use. You can take the energy from sunlight, the wind, or another renewable source, and there will always be more energy available in the future because you are not consuming something that is irreplaceable.
Read more at: http://crwewallstreet.com/?p=21194
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September 6th, 2011 at 03:00 pm
Telvent GIT, S.A., (Nasdaq:TLVT) announced that it has been selected by Progress Energy Florida (PEF) to engineer, design and implement Telvent's OASyS SCADA solution to help the utility better serve its more than 1.6 million electric customers. Telvent will implement its supervisory control and data acquisition (SCADA) system, OASyS DNA, allowing PEF to receive reliable, real-time information from the field. This data is presented in a user-friendly interface, seamlessly integrating with the utility's current software. With Telvent managing PEF's distribution network and maintaining its operational integrity, PEF will have enhanced reliability and the capacity to make faster operational decisions, increase distribution efficiency and enhance customer satisfaction.
Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa.
Read more at: http://crwewallstreet.com/?p=21192
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September 6th, 2011 at 02:57 pm
8x8, Inc. (Nasdaq:EGHT) announced the appointment of Vance Raeside as its Washington DC-based Director, Federal Sales, responsible for overseeing all direct and indirect sales activity with federal, state and local government agencies. Raeside brings nearly two decades of telecommunications sales experience to 8x8, including 13 years selling into the public sector as Manager, Federal Sales at Shoretel, Inc. and Manager, Business/Systems Integrator Partners at Nortel Government Solutions. While at Shoretel, Raeside developed and launched the company's go to market strategy for sales to US Federal government agencies resulting in the addition of 60 new federal channel partners and the initiation of new GSA Connections II and Networx contracts. At Nortel Government Solutions, Raeside managed relationships with strategic partners and systems integrator partners including General Dynamics, SAIC and Ronco, meeting sales quotas in excess of $36 million.
8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services.
Read more at: http://crwewallstreet.com/?p=21190
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September 5th, 2011 at 03:07 pm
Cutera, Inc. (Nasdaq:CUTR) reported that Japan’s Ministry of Health Labor and Welfare approved the Solera Titan Infrared Light System for marketing and distribution.
CUTR’s Solera Titan introduces the first infrared light source for sustained, deep volumetric dermal heating. Solera Titan treatments can be performed on the face, neck, abdomen and extremities.
CUTR recently reported for its second quarter 2011 revenue of $14.9 million, a 22% increase year over year
CUTR, a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients
More about CUTR at www.cutera.com
Read more at: http://crwewallstreet.com/?p=21170
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September 5th, 2011 at 03:00 pm
XPO Logistics, Inc. (NYSE Amex:XPO) is a premium third-party logistics (3PL) provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations.
XPO’s suite of premium logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and premium truckload brokerage services through Bounce Logistics, Inc. XPO’s compatible divisions share the same values in providing first-class service through a results-driven workforce. XPO customers have access to a comprehensive suite of premium logistics services, while leveraging integrated networks, systems, skill sets and industry expertise. All three divisions are SmartWay Transport partners, demonstrating company-wide commitment to environmentally friendly operations.
XPO Logistics, Inc. completed the previously announced equity investment led by Jacobs Private Equity, LLC. Under the terms of the transaction, Jacobs Private Equity and minority co-investors will invest an aggregate of up to $150 million in cash in the Company, including an investment by Jacobs Private Equity of up to $135 million, in each case including amounts payable upon exercise of warrants.
Upon closing, Bradley Jacobs, managing director of Jacobs Private Equity, became the chairman of the Company’s new board of directors, which is comprised of G. Chris Andersen, Michael Jesselson, Adrian Kingshott, James Martell, Jason Papastavrou and Oren Shaffer. Jacobs will also serve as chief executive officer.
The transaction received stockholder approval by vote on September 1, 2011. Additionally, stockholders approved the Company’s new name of XPO Logistics, Inc. (formerly Express-1 Expedited Solutions, Inc.), effective immediately. The stock will continue to trade under the symbol XPO.
Founded in 1989, XPO Logistics, Inc. is a non-asset-based, third-party logistics services provider that uses a network of relationships with ground, sea and air carriers to find the best transportation solutions for its customers. The Company offers its services through three distinct business units: Express-1, Inc. (expedited transportation solutions), the fifth largest U.S. expedited freight service provider, according to The Journal of Commerce; Concert Group Logistics, Inc. (domestic and international freight forwarding); and Bounce Logistics, Inc. (premium truckload brokerage). The Company serves more than 4,000 retail, commercial, manufacturing and industrial customers through six U.S. operations centers and 23 agent locations. In 2010, the Company completed more than 144,000 transactions for customers and generated revenues of approximately $158 million. www.xpocorporate.com
Read more at: http://crwewallstreet.com/?p=21177
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