Cleantech Transit, Inc. (CLNO)
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.
Biomass can be used to supply heat, generate power and fuel transportation. As a fuel, it may include wood, wood waste, straw, manure, sugar cane, palm oil, soy and many other by-products from a variety of agricultural processes. It can be used directly, such as wood burning for heating and cooking.
Or indirectly, by converting it into a liquid or gaseous fuel - ethanol from sugar cane, biodiesel from palm oil, or biogas from animal waste.
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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Williams Partners L.P. (NYSE:WPZ) announced that the regular quarterly cash distribution its unitholders receive has been increased to $0.7325 per unit. The new per-unit amount is a 9-percent increase over the partnership's second-quarter 2010 distribution of $0.6725 per unit. It is also a 2-percent increase over the partnership's first-quarter 2011 distribution of $0.7175 per unit. The board of directors of the partnership's general partner has approved the quarterly cash distribution, which is payable on Aug. 12, 2011, to unitholders of record at the close of business on Aug. 5. Williams Partners plans to report its second-quarter 2011 financial results after the close of market on Wednesday, Aug. 3. The package to be released at that time will include the second-quarter earnings news release; investor presentation on the quarterly results and outlook, including a recorded commentary from Alan Armstrong, chief executive officer of Williams Partners' general partner; analyst package; and data book. The partnership then will host its second-quarter 2011 Q&A live webcast on Tuesday, Aug. 9 at 11 a.m. EDT. Participants are encouraged to access the webcast at www.williamslp.com.
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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UGI Corp. (NYSE:UGI) reported a net loss attributable to UGI of $7.2 million, or $0.06 per share, for the quarter ended June 30, 2011, compared to net income attributable to UGI of $3.4 million, or $0.03 per diluted share, for the third quarter of fiscal 2010. Results for the current-year period reflect the impact of significantly warmer-than-normal weather in Europe during the quarter. Weather at Antargaz, UGI's French propane distribution business, averaged 47% warmer than normal for the quarter and weather at Flaga, UGI's central and eastern European propane distribution business averaged 31% warmer than normal for the quarter.
UGI Corporation, through its subsidiaries, distributes and markets energy products and related services in the United States and internationally.
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Badger Meter Inc. (NYSE:BMI) reported record sales and, excluding a one-time settlement gain in 2010, increased earnings for the second quarter ended June 30, 2011. Net sales were a record $75,148,000 for the second quarter of 2011, a 1.2% increase from sales of $74,290,000 for the second quarter of 2010. Net earnings were $7,834,000 for the second quarter of 2011, a 2.4% decrease from net earnings of $8,029,000 for the second quarter of 2010. Diluted earnings per share were $0.52 for the second of 2011, a 1.9% decrease from earnings per share of $0.53 for the second quarter of 2010. Net sales were $132,507,000 for the first half of 2011, a 2.6% decrease from sales of $136,089,000 for the first half of 2010. Net earnings were $11,094,000 for the first half of 2011, a 17.1% decrease from earnings of $13,381,000 for the first half of 2010. Diluted earnings per share were $0.74 for the first half of 2011, a 16.9% decrease from earnings per share of $0.89 for the first half of 2010.
Badger Meter, Inc. engages in manufacturing and marketing liquid flow measurement and control technology products worldwide. Its products are used in various applications, including water, oil, and chemicals.
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Coca-Cola Enterprises Inc. (NYSE:CCE) reported second-quarter 2011 operating income of $359 million, or $368 million on a comparable basis. Diluted earnings per common share for the second quarter were 74 cents, or 76 cents on a comparable basis. Currency translation positively affected second-quarter results by approximately 10 cents per share compared to prior year. Items affecting comparability and other pro forma adjustments are detailed on pages 10 and 11 of this release. Second-quarter revenue totaled $2.41 billion, an increase of 22 percent from pro forma 2010 results, and up 8 percent on a currency neutral basis. Comparable quarterly operating income was up 21 percent over prior year pro forma results, and up 6½ percent on a comparable and currency neutral basis.
Coca-Cola Enterprises Inc. produces, distributes, and markets non-alcoholic beverages in Europe. It provides a range of beverage categories, including energy drinks, still and sparkling waters, juices, sports drinks, fruit drinks, coffee-based beverages, and teas.
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(CLNO, WPZ, UGI, BMI, CCE) Stock Updates by PennyOTCStock.com
August 2nd, 2011 at 01:27 pm