Lynnai's  Instablog

Raytheon Co (NYSE:RTN) announced second quarter 2011 Adjusted EPS of $1.39 per diluted share compared to $1.34 per diluted share in the second quarter 2010. Second quarter 2011 EPS from continuing operations was $1.23 compared to $0.56 in the second quarter 2010. Second quarter 2011 included an unfavorable FAS/CAS Adjustment of $0.16, compared to $0.08 in the second quarter 2010. Second quarter 2010 also included a $0.71 per diluted share unfavorable adjustment related to a UK Border Agency program.

Raytheon Company, together with its subsidiaries, provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally

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Cleantech Transit Inc (CLNO)

A huge percentage of the world's fossil fuels come from the world's most volatile places. By reducing dependence on oil derivatives, in turn can reduce dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing our country's energy security.

Biomass is a substantial renewable resource that can be used as a fuel for producing electricity and other forms of energy. Biomass feedstock, or energy sources, are any organic matter available on a renewable basis for conversion to energy. Agricultural crops and residues, industrial wood and logging residues, farm animal wastes, and the organic portion of municipal waste are all biomass feedstock.

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).

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 about CLNO, visit www.cleantechtransitinc.com

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CSX Corp. (NYSE:CSX) announced second quarter net earnings of $506 million, or $0.46 per share, versus $414 million, or $0.36 per share, in the same period last year. This represents a 28 percent year-over-year improvement in earnings per share.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services. The company offers traditional rail service, and the transport of intermodal containers and trailers.

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Waste Connections Inc. (NYSE:WCN) announced its results for the second quarter of 2011. Revenue totaled $390.2 million, an 18.1% increase over revenue of $330.5 million in the year ago period. Operating income was $84.8 million, or 21.7% of revenue, up 22.3% over operating income of $69.4 million in the second quarter of 2010. Net income attributable to Waste Connections in the quarter was $44.4 million, or $0.39 per share on a diluted basis of 114.3 million shares. In the year ago period, the Company reported net income attributable to Waste Connections of $30.4 million, or $0.26 per share on a diluted basis of 117.5 million shares.

Waste Connections, Inc., an integrated solid waste services company, provides solid waste collection, transfer, disposal, and recycling services.

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Unum Group (NYSE:UNM) is pleased to announce that it will soon offer dental benefits, thanks to a partnership with United Concordia. The partnership unites two employee benefit market leaders - both with a focus on product innovation and world-class customer service - to provide group dental benefits aligned with Unum's other financial protection benefits.

Unum Group, together with its subsidiaries, provides group and individual disability insurance products primarily in the United States and the United Kingdom.

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