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Cleantech Transit Inc (OTCPK:CLNO)
Biomass, unlike any other resource, is available to us in excess. Its abundance is what makes it a useful asset to mankind, and we can never fear its running out. In other words it is 'renewable' since its main source is plants, and as we all know that earth and plants go neck to neck. It's most interesting and at the same time surprising quality is that it reduces the green house effect, which is more than we can say about fossil fuels.
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). This project could benefit the Company's manufacturing clients worldwide.
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
Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) declared from net investment income a monthly cash dividend of $0.0475 per share of common stock, payable on August 31, 2011, to shareholders of record at the close of business on August 12, 2011. The ex-dividend date is August 10, 2011. The previous dividend declared in June was $0.0475 per share of common stock.
Dreyfus Strategic Municipal Bond Fund, Inc. operates as a diversified, closed-end management investment company in the United States. It primarily invests in long-term municipal investments.
Vectren Corporation (NYSE:VVC) reported second quarter 2011 net income of $15.1 million, or $0.19 per share, compared to net income of $8.7 million, or $0.11 per share, in the second quarter of 2010. Net income for the six months ended June 30, 2011, was $59.7 million, or $0.73 per share, compared to $71.9 million, or $0.89 per share, for the same period in 2010. Utility earnings were $16.3 million, or $0.20 per share, in the second quarter of 2011, compared to $16.2 million, or $0.20 per share, in 2010. Year to date, utility earnings were $64.9 million, or $0.79 per share, compared to $71.6 million, or $0.89 per share, in 2010. Nonutility results were a loss of ($0.8) million, or ($0.01) per share, in the second quarter of 2011, compared to a loss of ($7.5) million, or ($0.09) per share, in 2010. Year to date, nonutility losses were ($4.2) million, compared to earnings of $0.3 million in 2010. The 2010 results were impacted by charges related to legacy investments totaling ($4.0) million after tax, or ($0.05) per share in the second quarter of 2010, and ($6.8) million after tax, or ($0.08) per share in the year to date period.
Vectren Corporation provides energy delivery services to residential, commercial, and industrial and other customers in Indiana and west central Ohio. It provides natural gas distribution and transportation services in Indiana and west central Ohio; and electric distribution services primarily in southwestern Indiana.
Ameresco, Inc. (NYSE:AMRC), a leading energy efficiency and renewable energy company, announced that it will release its second quarter financial results before the market opens on Wednesday, August 10, 2011. Once announced, the earnings press release will be available on the "Investor Relations" section of www.ameresco.com. The Company will host an earnings conference call at 8:30 a.m. ET the same day.
Ameresco, Inc. provides energy efficiency solutions for facilities in North America. The company was founded in 2000 and is headquartered in Framingham, Massachusetts.
Tranzyme, Inc. (Nasdaq:TZYM), a late-stage biopharmaceutical company, announced that Vipin Garg, President and CEO, and Richard Eisenstadt, CFO, will present at the Canaccord Genuity Annual Growth Conference taking place in Boston August 9-11, 2011 at the InterContinental Hotel. Tranzyme's presentation is scheduled for Tuesday, August 9 at 10:00 A.M. ET in the San Francisco Room. A live audio webcast of the presentation will be available in the "Investors" section of the Tranzyme Pharma website, www.tranzyme.com.
Tranzyme, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing small molecule therapeutics for the treatment of acute and chronic gastrointestinal (NYSE:GI) motility disorders in the United States and internationally.
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