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Home > (SLAB, NWBI, WPZ, CLNO, EP) Stock Highlights by PennyOTCStock.com

(SLAB, NWBI, WPZ, CLNO, EP) Stock Highlights by PennyOTCStock.com

July 29th, 2011 at 02:56 pm








Silicon Laboratories Inc. (Nasdaq:SLAB), a leader in high-performance, analog-intensive, mixed-signal integrated circuits (ICs), reported a 5.5 percent sequential increase in second quarter revenue to $126.2 million due to a record quarter in its Broad-based product lines. During the quarter, the company demonstrated sequential improvement across key financial metrics. On a GAAP basis, which includes approximately $8.6 million in non-cash stock compensation charges, gross margin was up slightly at 60.4 percent for the second quarter. R&D investment was down in the second quarter to $34.2 million, and SG&A decreased significantly to $26.1 million. This resulted in fully diluted GAAP earnings per share of 29 cents.

Silicon Laboratories Inc. engages in the design and development of analog-intensive and mixed-signal integrated circuits (ICs).

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Northwest Bancshares, Inc. (Nasdaq:NWBI) announced net income for the quarter ended June 30, 2011 of $15.0 million, or $0.15 per diluted share. This represents a decrease of $1.1 million over the same quarter last year when net income was $16.1 million, or $0.15 per diluted share, and a decrease of $2.3 million over the quarter ended March 31, 2011 when net income was $17.3 million, or $0.16 per diluted share. The annualized returns on average shareholders' equity and average assets for the current quarter were 4.81% and 0.74% compared to 4.95% and 0.79% for the same quarter last year and 5.39% and 0.86% for the quarter ended March 31, 2011. The decrease in quarterly earnings when compared to the previous quarter and previous year primarily resulted from additional expense relating to the stock benefit plan that was approved by the Company's shareholders in April, 2011. The plan was proposed in conjunction with the second-step stock conversion that was completed in December, 2009.

Northwest Bancshares, Inc. operates as the holding company for Northwest Savings Bank that offers various banking and consumer finance services.

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Williams Partners L.P. (NYSE:WPZ) board of directors has approved a regular dividend of $0.20 per share on the company's common stock, payable Sept. 12, 2011, to holders of record at the close of business on Aug. 26.

Williams Partners L.P. is a leading diversified master limited partnership focused on natural gas transportation; gathering, treating, and processing; storage; natural gas liquid (NGL) fractionation; and oil transportation.

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Cleantech Transit, Inc. (CLNO)
Biomass is biological matter that is derived from plants and animals. It is a renewable source of energy that is primarily made up of carbon. Additionally, other elements like hydrogen, oxygen, nitrogen, alkali, heavy metals and alkaline earth are also integrated with carbon. Both biomass and fossil fuels are made up of biological matter, but still they are different in many ways. For instance, fossil fuels are not a renewable source of energy. Moreover, in its case, the biological matter undergoes several geological processes to form coal and petroleum. Biomass, on the other hand, is derived from living organisms, which are easily replaceable.

Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit, Inc. was founded in 2006 and is based in Scottsdale, Arizona.

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.

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

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El Paso Corp. (NYSE:EP) declared a quarterly dividend of $0.01 per share on the company's outstanding common stock. The dividend will be payable October 3, 2011 to shareholders of record as of the close of business on September 2, 2011. Outstanding shares of common stock entitled to receive dividends as of June 30, 2011 were 770,106,749.

El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest interstate natural gas pipeline system, one of North America's largest independent oil and natural gas producers and an emerging midstream business. For more information, visit www.elpaso.com.

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