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GRHU, NYB, RRI, & POM: Mirant and RRI Energy Stockholders Approve Merger Proposals

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GreenHouse Holdings, Inc. (OTCQB:GRHU)

GreenHouse Holdings, Inc., a San Diego, California-based integrated energy solutions provider and developer of eco-friendly infrastructure, today announced the appointment of three new independent directors to the Board of Directors. By adding industry expertise to the board, the company will be taking active steps to capitalize on its leadership role in the governmental and infrastructure sectors. Brigadier General Floyd H. Trogdon, Mr. Seymour G. Siegel and Mr. Charles R. Allured will join the Board of Directors effective immediately.

"We are pleased with the caliber of our new board members whose additions are expected to bolster the Board of Directors with significant financial, military, engineering and energy expertise," stated Mr. Chris Ursitti, CEO of Greenhouse Holdings. "Management believes that these changes significantly enhance the expertise, knowledge and industry relationships within the the various sectors where we provide clean, green, energy efficient and cost effective solutions with high return on investment for our clients. We look forward to leveraging their knowledge and experience to improve the company's ability in securing additional contracts, improving our earnings and increasing shareholder value."

GreenHouse Holdings, Inc. is a San Diego, California based integrator of some of the world's most innovative environmental, public safety, infrastructure technologies. GreenHouse provides systems that are financially sound and sustainable to residential, commercial, industrial and government markets around the globe. GreenHouse provides energy-efficiency products, energy management systems, eco-friendly infrastructure, scalable waste-to-fuel bio-fuel and closed loop systems, as well as other proprietary technologies and products that are utilized to provide a greener and safer future for millions of people. Other flagship products and solutions include the Green Village, R.A.P.S., and One Link. For more information, please visit: www.greenhouseintl.com or the GreenHouse YouTube channel at http://www.youtube.com/greenhouseintl or follow GreenHouse on Twitter @greenhouseintl.

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New York Community Bancorp Inc. (NYSE: NYB) On october 27, 2010 Wednesday reported third-quarter net income of $135.6 million, or 31 cents a share, matching the consensus estimates among analysts polled by Thomson Reuters. In comparison, net income was $136.3 million, or 31 cents a share, during the second quarter, and $98.6 million, or $28 cents a share, during the third quarter of 2009.
The main factor in the year-over-year improvement in earnings were rises in noninterest income and net interest income, as the company integrated the former Amtrust Bank, which New York Community acquired from the Federal Deposit Insurance Corp. in December 2009, after Amtrust failed.
New York Community Bancorp, Inc. operates as a multi-bank holding company for New York Community Bank and New York Commercial Bank, which offers banking products and services in New York, New Jersey, Ohio, Florida, and Arizona. It primarily engages in generating deposits and originating loans.

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RRI Energy, Inc. (NYSE: RRI) announced that stockholders of both companies have approved the proposals related to their proposed merger to form GenOn Energy, Inc. All proposals considered at each company's special meeting of stockholders passed by substantial margins.
The merger remains subject to customary closing conditions, including the completion of review and clearance by the U.S. Department of Justice under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
RRI Energy, based in Houston, provides electricity to wholesale customers in the United States. The company is one of the largest independent power producers in the nation with more than 14,000 megawatts of power generation capacity across the United States.

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Pepco Holdings, Inc. (NYSE: POM) has scheduled an earnings conference call for Friday, October 29, 2010, at 10 a.m. E.D.T. Third-quarter 2010 earnings will be released before the market opens on October 29, 2010. Pepco Holdings, Inc. (NYSE:POM) is one of the largest energy delivery companies in the Mid-Atlantic region, serving about 1.9 million customers in Delaware, the District of Columbia, Maryland and New Jersey. PHI subsidiaries Pepco, Delmarva Power and Atlantic City Electric provide regulated electricity service; Delmarva Power also provides natural gas service.

 

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