GreenHouse Holdings, Inc. (OTCQB:GRHU) ("GreenHouse"), a San Diego, California based integrated energy solutions provider and developer of eco-friendly infrastructure, freshly 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 GreenHouse's brand of Rapidly Assembled Portable Structures, (RAPS). In addition, to the governmental contracts, GreenHouse 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 announced the signing of a Letter of Intent to acquire Control Engineering, Inc (NYSEMKT:CEI). Headquartered in Costa Mesa, California and serving clients globally, CEI provides turnkey automation and control solutions including engineering, installation and integration services. Experts in multiple technologies and applications, CEI's client base includes recognizable brands from a wide range of industries including pharmaceutical, food, beverage, utility, military and consumer goods.
The acquisition, when consummated, is expected to significantly increase gross margins in GreenHouse's Energy Services Division via vertical integration of CEI's business. The acquisition is also expected to provide cross-selling opportunities of GreenHouse products and services to CEI's existing clients.
GRHU announced that PepsiCo(NYSE:R) will partner with GreenHouse to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program at its Buena Park bottling plant. GreenHouse 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.
More about GRHU at: www.greenhouseintl.com
The Chubb Corporation (NYSE: CB) the insurer of high-end homes and corporate boards, raised its forecast for full-year profit as share buybacks help boost earnings per share. Operating income, which excludes some investment results, will probably be $5.75 a share to $5.85 a share for 2010, up from previous guidance of $5.15 to $5.55, the Warren, New Jersey-based company said on October 21, 2010 in a statement distributed by PR Newswire. Chubb’s third-quarter operating income was $1.69 a share, beating the $1.41 average estimate of 22 analysts surveyed by Bloomberg.
The Chubb Corporation, through its subsidiaries, provides property and casualty insurance to businesses and individuals. Its Personal Insurance segment offers insurance products, such as automobile, homeowners, and other personal coverage products, as well as supplemental accident and health insurance.
CSX Corp. (NYSE: CSX) announced on October 22, 2010 that for the second year in a row, the company is ranked highest among all Class I freight railroads in Newsweek’s 2010 Green Ranking of the 500 largest U.S. companies. The company is ranked tenth among all transport and aerospace companies and 215 overall. CSX Corporation, based in Jacksonville, Fla., is one of the leading transportation companies, providing rail, intermodal and rail-to-truck transload services. The company’s transportation network spans 21,000 miles with service to 23 eastern states and the District of Columbia, and connects to more than 70 ocean, river, and lake ports.
Power3 Medical Products Inc (OTC.BB:PWRM.OB) is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease).
PWRM delivered four poster presentations at the 2010 International Conference on Alzheimer’s Disease (NASDAQ:ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, Power3’s diagnostic test, and focused on PWRM ’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.
President and Chief Scientific Officer of Power3,Dr. Ira L. Goldknopf, commented: “In preparation for commercialization, our objective at this meeting was to show how Power3’s protein biomarkers and blood tests provide superior solutions for diagnosis and drug response to improve the treatment of Alzheimer’s disease. It was gratifying to receive substantial attention to our posters from representatives of major pharma and clinical research institutions from around the world. They expressed surprise and enthusiasm for our findings, especially those relating to the methods by which PWRM’s protein biomarkers indicate how patients respond to treatment with the three major anti-dementia drugs.”
PWRM has filed several patent applications for its NuroPro technology that are currently pending. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China, and has published 6 articles in peer-reviewed scientific journals on the subject. PWRM intends to publish these latest findings as well. PWRM a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, announced that it delivered four poster presentations at the 2010 International Conference on Alzheimer’s Disease (ICAD) in Honolulu, Hawaii. These presentations discussed NuroPro, Power3’s diagnostic test, and focused on Power3’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.
More about PWRM at: www.Power3Medical.com
AFLAC Inc. (NYSE: AFL) announced on October 19, 2010 that it will release third quarter financial results after the market closes on October 26, 2010. In conjunction with the earnings release, Aflac Incorporated will webcast a conference call scheduled for 10:00 a.m. (EDT) on October 27, 2010. During the teleconference, Aflac Incorporated Chairman and Chief Executive Officer Dan Amos will discuss third quarter results and the outlook for 2010. Other Aflac executives will be available to answer questions, including Aflac Incorporated President and Chief Financial Officer Kriss Cloninger III; President and Chief Operating Officer of Aflac Japan Tohru Tonoike; President of Aflac and Chief Operating Officer of Aflac U.S. Paul S. Amos II; and Senior Vice President and Chief Investment Officer Jerry Jeffery.
Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus (Aflac), provides supplemental health and life insurance.
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