Global Sources Ltd. (Nasdaq:GSOL) expects to release its financial results for the second quarter 2011 before the market opens on August 18, 2011.Chairman and CEO Merle A. Hinrichs and CFO Connie Lai are scheduled to conduct a conference call at 8:00 a.m. ET on August 18, 2011 (8:00 p.m. on August 18, 2011 in Hong Kong) to review these results in more detail. Investors in the United States may participate in the call by dialing (877) 941-1427, and non-Hong Kong international participants may dial (1-480) 629-9664. Investors in Hong Kong may participate by dialing (852) 3009-5027.
Global Sources Ltd. operates as a business-to-business media company that provides information and integrated marketing services in Greater China. It facilitates trade between buyers and suppliers.
Cleantech Transit Inc (OTCPK:CLNO)
Biomass contains stored energy from the sun. Plants absorb the sun's energy through the process of photosynthesis, and this chemical energy is then passed on to the animals and people that eat them. When burned, the chemical energy in biomass is released as heat. For example, burning wood waste produces steam for making electricity or for providing heat to industries and homes.
A huge percentage of the world's fossil fuels come from the world's most volatile places. By reducing our dependence on oil derivatives, we in turn can reduce our dependence on foreign energy sources. By converting energy from waste Cleantech Transit hopes to help in increasing its country's energy security.
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. (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
OPNET Technologies Inc (Nasdaq:OPNT) announced that revenue for the first fiscal quarter, ended June 30, 2011, was $40.2 million, compared to $31.1 million for the same quarter in the prior fiscal year. Diluted earnings per share for the first quarter of fiscal 2012 were $0.18, compared to $0.06 for the same quarter in the prior fiscal year. The Company also announced today a quarterly dividend of $0.12 per share, which represents one quarter of the Company's fiscal 2012 annual dividend target of $0.48, payable on September 29, 2011 to stockholders of record as of the close of business on September 15, 2011. During fiscal 2011, the Company paid aggregate quarterly dividends of $0.40 per share and a one-time special dividend of $0.75 per share.
OPNET Technologies, Inc. provides software products and related services for managing applications and networks in the United States and internationally.
G&K Services Inc. (Nasdaq:GKSR) will report fiscal 2011 fourth quarter results on Tuesday, August 16, 2011 before the market opens. The company will also host a conference call to discuss financial results. A live webcast of the call will be available beginning at 10 a.m., Central Time, on August 16, 2011.
G&K Services, Inc. provides branded identity apparel and facility services programs in North America. It offers rented uniforms and facility services products, such as floor mats, dust mops, wiping towels, restroom supplies, and various linen items.
NBT Bancorp, Inc. (Nasdaq:NBTB) reported net income for the six months ended June 30, 2011 was $29.0 million, up $0.6 million, or 2.0%, from the six months ended June 30, 2010. Net income per diluted share for the six months ended June 30, 2011 was $0.84 per share, up from $0.82 per diluted share for the six months ended June 30, 2010. Annualized return on average assets and return on average equity were 1.08% and 10.82%, respectively, for the six months ended June 30, 2011, compared with 1.04% and 11.07%, respectively, for the six months ended June 30, 2010. Net interest margin (on a fully taxable equivalent basis ("FTE")) was 4.12% for the six months ended June 30, 2011, down 5 basis points ("bps") from 4.17% for the six months ended June 30, 2010.
NBT Bancorp Inc., a financial holding company, provides commercial banking and financial services to individuals, corporations, and municipalities in central and upstate New York, northeastern Pennsylvania, and the greater Burlington, Vermont area.
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