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GRHU recently announced that PepsiCo will partner with GreenHouse to utilize Southern California Edison’s Automated Demand Response program at its Buena Park bottling plant. GRHU is a qualified service provider of SCE’s Auto-DR program, providing site assessment, feasibility studies, project development, engineering, installation of enabling technologies and complete processing of all incentives.
The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy demand.
In utilizing the Auto-DR system, Pepsi can shed or reduce electric consumption during costly peak energy periods when the demand is highest. In addition, the system provides Pepsi the ability to reduce operating costs by curtailing the use and purchase of electricity. Pepsi will then receive financial incentives from SCE for doing so.
Furthermore in company news, GRHU recently announced the signing of multiple contract awards for its Life Protection (NYSE:LPI) Governmental Services Division, totaling $6 million. The recently acquired LPI subsidiary provides innovative training, support, design and construction of facilities and services to meet the needs of the U. S. Government, military, and law enforcement agencies.
The governmental contracting entities include the U.S. Marine Corps School of Dynamic Entry in Quantico, VA and the U.S. Army Schofield Barracks Range Support in Honolulu, HI. The combined value of these contracts totals $1.5 million and includes GRHU's brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GRHU has signed contracts totaling $4.5 million for commercial projects, including a design-build contract for services ranging from project management and land planning to eco-friendly building products and services. GreenHouse expects the majority of the contracted work to be completed by year end 2010.
GRHU, through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
eBay Inc. (Nasdaq:EBAY)
EBAY recently announced the pricing of a $1.5 billion underwritten public offering of its senior Notes, consisting of $400 million of 0.875% Notes due 2013, $600 million of 1.625% Notes due 2015 and $500 million of 3.250% Notes due 2020. The public offering price of the 2013 Notes was 99.793% of the principal amount, the public offering price of the 2015 Notes was 99.630% of the principal amount, and the public offering price of the 2020 Notes was 99.420% of the principal amount, in each case plus accrued interest, if any. The offering is expected to close on October 28, 2010.
eBay Inc. and its subsidiaries provide online marketplaces for the sale of goods and services, online payments services, and online communication offerings to individuals and businesses in the United States and internationally. It operates in two segments, Marketplaces and Payments. The Marketplaces segment provides online commerce platforms that enable buyers and sellers to interact and trade with one another.
Paychex Inc. (Nasdaq:PAYX)
PAYX's Board of Directors recently declared a regular quarterly dividend of $.31 per share payable November 15, 2010 to shareholders of record November 1, 2010.
Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses in the United States and Germany. It offers payroll processing services, which include calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations.
MusclePharm Corporation (OTCQB:MSLP)
Ron Sekura, B.S., M.S., PhD., is joining the MSLP board of directors as its Director of Therapeutic Research.
Dr. Sekura commented, "I am very pleased to join the board of MusclePharm as it expands into the field of therapeutic nutritional supplementation for the application of HIV disease. Catabolic cashexia is a wasting condition that is physically devastating and extremely costly to treat. There has not been a great deal of successful response with the current therapeutic options but I believe Musclepharm is properly focusing on solving this condition."
Dr. Sekura will be assisting in the development of MSLP's therapeutic indication and application for patients with HIV experiencing catabolic cachexia.
"We are thrilled to have Dr. Sekura join our Board of Directors. We believe Dr. Sekura's expertise at the FDA and NIAID, as well as his research and work at VivoNex regarding HIV drug adherence, will assist in our endeavor to provide our therapeutic nutritional supplementation, Re-con, to people with HIV experiencing involuntary weight loss, catabolic cachexia and nutrient deficiencies," stated MSLP President, Cory Gregory.
MSLP is a fast-growing developer and manufacturer of safe, scientifically approved, nutritional supplements that are free of banned substances and tested by athletes. They are designed to help athletes, bodybuilders, weightlifters and fitness enthusiasts improve their performance. Each and every MSLP product is the end result of an advanced six-stage research and testing protocol involving the expertise of top nutrition scientists. In addition, the products have been field-tested by more than 100 elite professional athletes from the NFL, MMA, MLB and elsewhere. To date, MSLP has developed six products: ASSAULT, BATTLE FUEL, BULLET PROOF, COMBAT POWDER, RECON and SHRED MATRIX. Two additional products are due in stores in 2010. MSLP products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere. MSLP was founded in 2008 and is based in Aurora, Colorado.
To learn more about MSLP visit: http://www.musclepharm.com
Novellus Systems, Inc. (Nasdaq:NVLS)
NVLS announced that it will provide its third quarter 2010 earnings in a conference call to be held Tuesday, October 26, 2010, beginning at 1:30 p.m. PDT. The call will be available via an audio webcast that can be accessed on Novellus' webpage at www.novellus.com. A replay of the webcast will be available untilOctober 26, 2011.
Novellus Systems, Inc., together with its subsidiaries, develops, manufactures, sells, and supports equipment used in the fabrication of integrated circuits. It operates in two segments, Semiconductor Group and Industrial Applications Group. The Semiconductor Group segment manufactures and supplies equipment used in the deposition of thin dielectric and metal films, as well as equipment used in complementary manufacturing steps, including surface preparation and ultraviolet thermal processing.
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