FEED the BULL

Welcome to Feed the Bull - A home for investment information and interaction.

Article

(CLNO, TORM, CERN, BARI, EMCI) Stock Highlights by CRWEPicks.com

Posted, by stockrider on July 29th, 2011

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, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project can generate shareholder returns as well benefit the Company's manufacturing clients worldwide.

Biomass, a renewable energy source, is biological material from living, or recently living organisms, such as wood, waste, (hydrogen) gas, and alcohol fuels. Biomass is commonly plant matter grown to generate electricity or produce heat. In this sense, living biomass can also be included, as plants can also generate electricity while still alive.

Biomass excludes organic materials such as fossil fuels which have been transformed by geological processes into substances such as coal or petroleum. The use of biomass energy has the potential to greatly reduce greenhouse gas emissions. Burning biomass releases about the same amount of carbon dioxide as burning fossil fuels. This is because although fossil fuels have their origin in ancient biomass, they are not considered biomass by the generally accepted definition because they contain carbon that has been "out" of the carbon cycle for a very long time. Their combustion therefore disturbs the carbon dioxide content in the atmosphere.

Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using renewable resources such as Geothermal, Solar and Wind. Cleantech Transit's goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy. Cleantech Transit, Inc. was founded in 2006 and is based in Scottsdale, Arizona.

Cleantech Transit, Inc. is pleased to announce it has completed an agreement whereby it can earn a larger ownership percentage in the 500 KW bio mass Merced Project than previously announced.

Cleantech can now earn in up to 40% of the Merced Project up from the original 25% the Company announced. The 40% ownership stake will be based on the total cost incurred to the Project to date, in addition Cleantech can invest the in the Series B shares of Phoenix Energy equal to or greater to the direct investment made in 500 KW project.

For more information, visit www.cleantechtransitinc.com

****************************************************

TOR Minerals International Inc. (Nasdaq:TORM), producer of synthetic titanium dioxide and color pigments, specialty aluminas, and other high performance mineral fillers, announced its financial results for the second quarter ended June 30, 2011. Highlights for the second quarter of 2011 as compared to the second quarter of 2010 included: 2Q11 revenue increased 32% to $10.5 million. 2Q11 diluted net income increased 110% to $1.0 million. 2Q11 diluted EPS: $0.30 versus 2Q10 EPS: $0.17. For the second quarter ended June 30, 2011, the Company reported diluted net income available to common shareholders of $1.0 million or $0.30 per diluted share, on net sales of $10,489,000. This compares with diluted net income available to common shareholders of $478,000, or $0.17 per share, on net sales of $7,928,000 for the quarter ended June 30, 2010.

TOR Minerals International, Inc., a specialty chemical company, engages in the manufacture and marketing of mineral products. Its mineral products are used as pigments, pigment extenders, functional fillers, and flame retardants for the manufacture of paints, coatings, plastics, catalysts, and solid surface applications.

****************************************************

Cerner Corporation (Nasdaq:CERN) announced results for the 2011 second quarter that ended July 2, 2011, delivering strong levels of bookings, revenue, earnings and cash flow. Bookings in the second quarter of 2011 were $649.9 million, an increase of 39 percent compared to second quarter 2010 bookings of $467.8 million. Bookings were an all-time high for a second quarter and the second highest result in company history. Second quarter revenue was $524.2 million, an increase of 15 percent compared to $456.0 million in the year-ago period. On a Generally Accepted Accounting Principles (GAAP) basis, second quarter 2011 net earnings were $72.0 million and diluted earnings per share were $0.42. Second quarter 2010 GAAP net earnings were $55.5 million and diluted earnings per share were $0.33.

Cerner Corporation provides healthcare information technology, healthcare devices, and content solutions for healthcare organizations and consumers in the Americas, Europe, the Middle East, and the Asia Pacific region.

****************************************************

Bancorp Rhode Island, Inc. (NASDAQ:BARI), the parent company of Bank Rhode Island, reported net income of $1.8 million, or $0.38 diluted earnings per share (EPS), for the quarter ended June 30, 2011. These results reflect expenses of $1.5 million (after-tax), or $0.32 per share, related to the pending merger with Brookline Bancorp, which include compensation expense attributable to the accelerated vesting of restricted stock awards. Net income for the second quarter 2010 was $2.7 million, or $0.57 per share, and net income for the first quarter 2011 was $2.3 million, or $0.49 per share. For the six month period ended June 30, 2011, the Company reported net income of $4.1 million, or $0.87 diluted EPS, compared to net income of $4.9 million, or $1.05 diluted EPS, for the same period in 2010. The six month results for the period ended June 30, 2011 included the above referenced expenses of $1.5 million (after-tax) or $0.32 per share related to the pending merger.

Bancorp Rhode Island, Inc. operates as a holding company for Bank Rhode Island that provides various banking products and services to individuals, and small and mid-sized businesses in Rhode Island. It engages in generating deposits and originating loans.

****************************************************

EMC Insurance Group Inc. (NASDAQ:EMCI) announced that second quarter 2011 operating results will be negatively impacted by a record amount of catastrophe losses. Management anticipates that the Company will report a second quarter 2011 operating loss1 in the range of $1.02 to $1.08 per share. Second quarter catastrophe losses are expected to approximate $2.06 per share after tax, compared to $0.82 per share after tax in the second quarter of 2010. The property and casualty insurance segment is expected to report storm losses of approximately $29.5 million or $1.48 per share after tax, including $14.5 million ($0.73 per share after tax) associated with April tornados in Iowa, Alabama and several other southern states, $6.4 million ($0.32 per share after tax) associated with the May tornado in Joplin, Missouri and $5.6 million ($0.28 per share after tax) associated with June events. The reinsurance segment is expected to report storm losses of approximately $11.5 million or $0.58 per share after tax. Losses associated with three tornadic events (Tuscaloosa, Alabama, Joplin, Missouri and Springfield, Massachusetts) were individually capped at $3.0 million ($0.15 per share after tax) under the excess of loss reinsurance agreement with Employers Mutual Casualty Company.

EMC Insurance Group Inc., through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through two segments, Property and Casualty Insurance, and Reinsurance.

*******************************************
Sign-Up For Free Stock Alerts At http://crwepicks.com/signup
*******************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer (http://crwepicks.com/disclaimer ) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEPicks.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. ( read more at http://crwepicks.com/disclaimer ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services and 4,000,000 shares of 144 restricted stocks from the company for management fee through end of June for Cleantech Transit, Inc. (CLNO.OB).

READ MORE AT: 
Authored by, stockrider
Log in or register to post Private Message
Advertise with us

Add new comment

By submitting this form, you accept the Mollom privacy policy.