Cleantech Transit, Inc. (CLNO)
Biomass is a renewable energy source because we can always grow more trees and crops, and waste will always exist. Some examples of biomass fuels are wood, crops, manure, and some garbage. Biomass is organic material made from plants and animals. Biomass contains stored energy from the sun. Plants absorb the sun’s energy in a process called photosynthesis. The chemical energy in plants gets passed on to animals and people that eat them.
Cleantech Transit, Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects.
Burning biomass is not the only way to release its energy. Biomass can be converted to other useable forms of energy, such as methane gas or transportation fuels, such as ethanol and biodiesel. Methane gas is the main ingredient of natural gas. Smelly stuff, like rotting garbage, and agricultural and human waste, release methane gas also called “landfill gas”.
Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide.
Cleantech Transit, Inc. original aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
With the growth in the green sector as a whole CLNO has expanded its focus to invest directly in specific projects. Recent advances in the technology of converting wood waste into power have so greatly enhanced the economic value of their systems they have launched the biomass division as a separate company, Phoenix Energy, to focus exclusively on generating greater returns for manufacturing clients worldwide.
For more information Cleantech Transit, Inc http://www.cleantechtransitinc.com
Weight Watchers International, Inc. (NYSE:WTW) will release its results for the first quarter 2011 before the NYSE opens on Friday, May 6, 2011. The Company has also scheduled a conference call on May 6th at 8:00 a.m. ET. During the conference call, David Kirchhoff, President and Chief Executive Officer, and Ann Sardini, Chief Financial Officer, will discuss first quarter results and answer questions from the investment community. Live audio of the conference call will be simultaneously webcast over the Internet on the Company’s corporate website, www.weightwatchersinternational.com. A replay of the webcast will be available on this site for approximately 90 days.
Weight Watchers International, Inc. provides weight management services worldwide. It offers various services and products that are built upon weight management plans comprising nutritional, exercise, and behavioral tools and approaches.
Cooper Tire & Rubber Co. (NYSE:CTB) reported net income attributable to Cooper Tire of $16 million for the quarter ended March 31, 2011, an increase of $4 million from the same period in 2010. Net sales were $906 million, an increase of $152 million, or 20 percent, from the prior year. Operating profit was $32 million for the quarter, a decrease of $1 million from the prior year same quarter. The Company reported net income of 25 cents per share on a diluted basis compared with 19 cents in the first quarter of 2010. Results during the quarter included an after-tax gain of $3 million related to the acquisition of a controlling interest in Corporaci�n de Occidente SA de CV. The Company also incurred $4 million of costs during the quarter primarily related to the costs associated with the expiration of a 10-year lease for the Company`s airplane. The prior year first quarter included restructuring charges of $8 million, and $22 million of increased charges for an adverse verdict in a single products liability case.
Cooper Tire & Rubber Company manufactures and markets replacement tires primarily in North America and internationally. The company produces passenger car and light truck tires for independent tire dealers, wholesale distributors, regional and national retail tire chains, and other large automotive product retail chains.
Consolidated Edison Inc. (NYSE:ED) the Board of directors has declared a quarterly dividend of 60 cents a share on its common stock, payable June 15, 2011, to stockholders of record as of May 18, 2011.
Consolidated Edison, Inc., through its subsidiaries, provides electric, gas, and steam utility services in the United States. The company was founded in 1884 and is based in New York, New York.
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