Popular Inc. (Nasdaq:BPOP) reported net income of $110.7 million for the quarter ended June 30, 2011, compared with net income of $10.1 million for the quarter ended March 31, 2011, and a net loss of $44.5 million for the quarter ended June 30, 2010. Pre-tax income for the quarter ended June 30, 2011 amounted to $72.6 million, compared with pre-tax income of $157.4 million for the quarter ended March 31, 2011 and a pre-tax loss of $17.3 million for the quarter ended June 30, 2010.
Popular, Inc., through its subsidiaries, provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States.
Qlik Technologies, Inc. (Nasdaq:QLIK) announced financial results for the three month period ended June 30, 2011. Total revenue for the second quarter of 2011 was $74.0 million, an increase of 45% from $51.1 million in the second quarter of 2010. License revenue was $45.3 million, an increase of 39% from $32.5 million in the second quarter of 2010. Maintenance revenue was $21.8 million, an increase of 61% from $13.5 million in the second quarter of 2010. Professional services revenue was $6.9 million, an increase of 37% from $5.1 million in the second quarter of 2010.
Qlik Technologies Inc. engages in the development, commercialization, and implementation of software products and related services that deliver data analysis and reporting solutions primarily in the Americas, and Europe.
China BAK Battery, Inc. (Nasdaq:CBAK) will host a conference call at 8:00 pm Eastern Daylight Time on Tuesday, August 2, 2011, to discuss results for the third quarter of fiscal year 2011. China BAK's Chief Executive Officer Mr. Xiangqian Li, Chief Financial Officer Mr. Ke Marcus Cui and General Manager of BAK International (Tianjin) Limited Dr. Huanyu Mao will present at the conference call and answer questions.
China BAK Battery, Inc., together with its subsidiaries, engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries.
Cleantech Transit Inc (OTCPK:CLNO)
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).
A huge percentage of the world's fossil fuels come from the world's most volatile places. By reducing dependence on oil derivatives, nation in turn can reduce its dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing its country's energy security.
Biomass is composed of organic material obtained mainly from plants and animals. Carbon is the main constituent of biomass energy. Other than carbon, nitrogen, oxygen, hydrogen, heavy metals and alkaline earth are also present in biomass energy. Biomass energy can be generated from plants wastes, wood, leaves of plants, agricultural wastes, organic wastes, waste paper and wastes from food processing industries.
Cleantech Transit, Inc. (OTCPK: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
Biolase Technology, Inc. (Nasdaq:BLTI) announced that the Company will host a conference call on Wednesday, August 10th, at 11:00 a.m. Eastern Time to discuss its operating results for the second quarter and six months ended June 30, 2011, and to answer questions. The Company's results release will be distributed at approximately 9:00 a.m. Eastern Time that same day.
BIOLASE Technology, Inc., a medical technology company, develops, manufactures, and markets lasers and related products focused on technologies for improved applications and procedures in dentistry and medicine.
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