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Home > (WYN, CLNO, TFX, KMI, IOC) Stock Report from PennyOTCStock.com

(WYN, CLNO, TFX, KMI, IOC) Stock Report from PennyOTCStock.com

July 28th, 2011 at 01:33 pm







Wyndham Worldwide Corporation (NYSE:WYN) announced results for the three months ended June 30, 2011. Second quarter 2011 adjusted diluted earnings per share (EPS) was $0.64, compared with $0.51 in the second quarter of 2010, an increase of 25%. Second quarter 2011 reported diluted EPS was $0.67, an increase of 31%, compared with the same period in 2010. Free cash flow increased 22% to $595 million for the first half, compared with $486 million during the same period in 2010. The Company defines free cash flow as net cash provided by operating activities less capital expenditures, equity investments and development advances.

Wyndham Worldwide Corporation, together with its subsidiaries, provides various hospitality products and services to individual consumers and business customers in the United States 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.

Bioenergy is an umbrella term for "biomass" (incinerating for electricity production) and "biofuels" (converting to liquids for burning as transportation or heating fuels). The biomass term has meant burning of: municipal solid waste (trash), tires, construction/demolition wood waste, crop and animal wastes, energy crops, trees, gas from digestion of sewage sludge or animal wastes, and landfill gas. Biomass can include any non-fossil fuel that is arguably "organic." "Green" biomass (like energy crops) is often a foot in the door for more toxic waste streams. Plants that start off burning "clean wood chips" can easily turn to burning more contaminated fuels (which may be cheaper or even free), or get paid to take really dirty wastes like trash or tires. Economic pressures encourage use of these dirtier fuels.

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 that can maximize shareholder value. 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).

For more information please visit official website of CLNO: www.cleantechtransit.com

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Teleflex Incorporated (NYSE:TFX) announced financial results for the second quarter and six months ended June 26, 2011. Second quarter 2011 net revenues were $391.3 million, an increase of 9.2% over the prior year period. Excluding the impact of foreign exchange, second quarter 2011 net revenues increased 4.0% over the prior year period. Second quarter 2011 GAAP diluted earnings per share from continuing operations was $0.77, a decrease of 3.8% over the prior year period. Second quarter 2011 adjusted diluted earnings per share from continuing operations was $0.94, a decrease of 3.1% over the prior year period. The decline in adjusted diluted earnings per share is related to higher manufacturing, raw material and fuel-related freight costs, unfavorable product mix and the continued investment in sales, marketing and research and development expenses. This was somewhat offset by an increase in sales volume, improved pricing, as well as a reduction in interest expense.

Teleflex Incorporated primarily develops, manufactures, and supplies single-use medical devices used by hospitals and healthcare providers worldwide.

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Kinder Morgan, Inc. (NYSE:KMI) reported second quarter cash available to pay dividends of $154 million. Through the first two quarters of the year, the company reported cash available to pay dividends of $405 million. The board of directors increased the dividend for the second quarter to $0.30 per share ($1.20 annualized) from $.29 per share ($1.16 annualized), payable on Aug. 15, 2011, to shareholders of record as of Aug. 1, 2011.

Kinder Morgan, Inc. owns and operates energy infrastructure in the United States and Canada.

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InterOil Corporation (NYSE:IOC) announced that it will release financial and operating results for the second quarter of 2011 after the market closes for trading on Wednesday, August 10, 2011 with full text of the news release and accompanying financials available on the company's website at www.interoil.com. A conference call will be held on Thursday, August 11, 2011, at 7:30 a.m. Central (8:30 a.m. Eastern) to discuss the financial and operating results, as well as the company's outlook.

InterOil Corporation is developing a vertically integrated energy business whose primary focus is Papua New Guinea and the surrounding region.

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