(AVAV, CLNO, NHPR, ENSG, TSLA) Stocks in Focus by PennyToBuck.com
AeroVironment, Inc. (Nasdaq:AVAV) announced it will issue financial results for the Company's fourth quarter and full fiscal year ended April 30, 2011, after the market closes on Tuesday, June 21, 2011. Management will host a conference call and live audio webcast to discuss the results at 1:30 p.m. Pacific Time that day. Hosting the call to review results for the fiscal fourth quarter will be Timothy E. Conver, chief executive officer, Jikun Kim, chief financial officer, and Steven A. Gitlin, vice president of investor relations.
AeroVironment, Inc. designs, develops, produces, and supports unmanned aircraft systems (UAS), and efficient energy systems for various industries and governmental agencies.
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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy has to offer.
Biomass can also be turned into a fuel like gasoline. Just as apples can be made into cider, corn, wheat, and soybeans can be made into ethanol and biodiesel. Ethanol is a fuel a lot like gasoline. Ethanol costs more than gasoline to use. It is also renewable. In many places, gasoline and ethanol are mixed together to make a fuel that any vehicle can use. Biodiesel is a fuel a lot like diesel fuel, but it is cleaner. It is also renewable. Biodiesel can be mixed with regular diesel. Many large trucks and farm equipment use biodiesel.
Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facility and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Currently there are two additional projects being pre-certified by Phoenix Energy in California. The projects are each projected to be 1 MW biomass gasification facilities that will provide both electricity and process heat energy. Each facility will provide enough electricity to power approximately 800 homes as well as process heat to be used in drying agricultural products. The projects are expected to complete by the end of 2012.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
For more details about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com
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National Health Partners, Inc. (NHPR)
National Health Partners, Inc. announced the successful launch of a new, major marketing campaign that has caused the number of the company's new member enrollments to increase sharply.
While only in its infancy, the campaign has been so successful that National Health Partners is on pace to more than triple the number of new members generated recently compared to the number of new members generated in the past. This growth should continue to build at an equally fast pace, especially over the next several months, as new facets of the marketing campaign are rolled out. Thereafter, the campaign will continue to generate an increasing number of new members for the company indefinitely into the future.
NHPR expects to achieve significant profits during 2011 driven by the substantial sales growth that this campaign may provide.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
A preferred provider organizations (PPO) is a type of managed health plan, made up of doctors and or hospitals that provide medical service only to a specific group. Rather than prepaying for medical care, PPO members pay for services as they are provided. The PPO sponsor (usually an employer or insurance company) usually reimburses the member for the cost of the treatment, minus any co-payment fee. In some cases, the doctor may submit the bill directly to the insurance company for payment. The insurer then pays the covered amount directly to the health care provider, and the member pays his or her co-payment amount. The price for each type of service is negotiated in advance by the health care providers and the PPO sponsor(s).
For more details about National Health Partners, Inc. Please visit its website at www.nationalhealthpartners.com.
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The Ensign Group, Inc. (NASDAQ:ENSG) announced that Ensign operating subsidiaries have agreed to acquire nine skilled nursing and assisted living facilities from Sioux City, Iowa-based Careage Management, LLC. The acquisition is expected to become effective in July, 2011. The nine long-term care facilities are located in West Bend, Cherokee, Hawarden, Fort Dodge and Clarion, Iowa, and in Beatrice, Falls City, Randolph and Wayne, Nebraska. The facilities have 549 skilled nursing beds and 72 assisted living units.
The pending transaction also includes Careage Home Care, a home health agency based in Cherokee, Iowa.
The Ensign Group, Inc., through its subsidiaries, provides nursing and rehabilitative care services in California, Arizona, Texas, Washington, Utah, Colorado, and Idaho.
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Tesla Motors, Inc. (NASDAQ:TSLA) announced that it has priced and fully allocated its follow-on offering of 5,300,000 shares of common stock at a price to the public of $28.76 per share, the closing price for Tesla shares on June 2, 2011. The closing price of Tesla's common stock on May 24, 2011, the day before Tesla announced the offering, was $26.72 per share. In addition, Tesla has granted the underwriter a 30-day option to purchase up to an additional 795,000 shares of common stock. All shares are being offered by Tesla.
Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and advanced electric vehicle powertrain components.
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