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American Video Teleconferencing Corp. (OTC:AVOT)
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp is normally known for its business and efforts of exploration in Rare Earth Elements. According to the Company, it aggressively continues to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
Europium is the most abundantly prevalent Rare Earth element. Europium, the most excitable Lanthanide element, is desirable due to its photon emission. Excitation of the Europium atom, by absorption of electrons, can result in changes in energy levels that create a visible emission. Almost all practical uses of Europium utilize this luminescent behavior. On the other hand Cerium also plays an important role. Cerium is an environmentally critical component in the manufacture of all kinds of environmental protection and pollution-control systems, from automobiles to oil refineries.
American Video Teleconferencing Corp. recently announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to AVOT for advancing the company's exploration programs on its newly acquired rare earth property in Quebec. Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP). Mr. Lockhart is an Honorary Director of the Prospector and Developers Association of Canada (PDAC), a founding and former member of the Association of Exploration Geochemists and a Member of the Society of Economic Geologists.
Tecumseh Products Company (Nasdaq:TECUA) reported a net loss of $8.4 million, or $0.45 per diluted share, on net sales of $242.9 million for the first quarter ended March 31, 2011. In the first quarter of 2010, the Company reported a net loss of $41.9 million, or $2.26 per diluted share, on net sales of $238.7 million.
Tecumseh Products Company manufactures and sells hermetically sealed compressors. Its products include air conditioning and refrigeration compressors, as well as condensing units, heat pumps, and refrigeration systems.
New England Bancshares, Inc. (Nasdaq:NEBS) declared a cash dividend for the quarter ended March 31, 2011 of $0.03 per share. The cash dividend will be payable on June 10, 2011 to stockholders of record on May 24, 2011. For more information regarding New England Bank's products and services, please visit www.nebankct.com.
New England Bancshares, Inc. operates as the holding company for New England Bank that provides various commercial banking products and services.
Oclaro, Inc. (Nasdaq:OCLR) announced that it will be showcasing its newest photonic innovations at next week's LASER World of PHOTONICS show in Munich in the Oclaro booth #469, Hall C1 in the New Munich Trade Fair Centre. The company will be unveiling new products in its high-powered laser diode families, announcing a revolutionary new design win in a high volume medical application, and outlining its complete portfolio of fiber laser solutions and how the company intends to continually raise the bar on fiber laser pricing, performance, footprint and quality.
Oclaro, Inc. designs, manufactures, and markets optical components, modules, and subsystems that generate, detect, amplify, combine, and separate light signals in telecommunications networks. It offers telecom products, including tunable laser transmitters, fixed wavelength laser transmitters, lithium niobate modulators, receivers, transceivers, transponder modules, pump laser chips, and amplifiers.
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