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LPNT, CLNO, HRC, JEC, CVG - Market Highlight From BestOtc.com!

Posted, by trader888 on September 18th, 2011

LifePoint Hospitals, Inc. (NASDAQ:LPNT) announced that its Board of Directors, at a regularly scheduled meeting, has authorized a new stock repurchase program that will allow for repurchases of up to $250 million of its common stock over the next 18 months. Amounts available under the Company's previously announced share repurchase program were exhausted during the current fiscal quarter.

Under the new stock repurchase program, the Company may repurchase its common stock from time to time, in amounts, at prices, and at such times as the Company deems appropriate, subject to market conditions and other considerations. The Company's repurchases may be executed using open market purchases, privately negotiated transactions, accelerated share repurchase programs or other transactions. The Company intends to fund repurchases under the new stock repurchase program from cash on hand, available borrowings or proceeds from potential debt or other capital markets transactions.

The Company also announced that, on September 16, 2011, the Company entered into a trading plan in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, (the ?Act?) to facilitate repurchases of its common stock (the ?Plan?) during its blackout period if price targets in the Plan are met while the Plan is in place. The Plan became effective on September 16, 2011, and will expire on November 2, 2011, unless terminated earlier in accordance with its terms.

The Company does not retain or exercise any discretion over purchases of common stock under the Plan. Because repurchases under the Plan, if any, are subject to the pricing parameters contained in the Plan, there is no guarantee as to the number of shares that will be repurchased under the Plan, or that there will be any repurchases of shares at all pursuant to the Plan.

LifePoint Hospitals, Inc. is a leading hospital company focused on providing quality healthcare services close to home. Through its subsidiaries, LifePoint operates 52 hospital campuses in 17 states. With a mission of ?Making Communities Healthier®,? LifePoint is the sole community hospital provider in the majority of the communities it serves. More information about the Company, which is headquartered in Brentwood, Tennessee, can be found on its website, www.LifePointHospitals.com. All references to ?LifePoint,? ?LifePoint Hospitals,? or the ?Company? used in this release refer to LifePoint Hospitals, Inc. or its affiliates.

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Many years ago wood was our main source of fuel, now this form of biomass energy is becoming a long lost energy source that is seldom used. Wood does still give us some of our energy but only on a very small scale.

In some parts of the world sugar cane is grown and can be fermented to make alcohol. Alcohol can be burned in order to generate energy in much the same way as coal.

It is also possible to crush the sugar cane pulp or ?bagasse? and burn it to produce steam to power turbines which can run generators. This is a form of biomass energy.

Cleantech Transit Inc. (?Cleantech?) (OTC.BB:CLNO) 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. 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.

To discover more about CLNO, Please visit: http://www.cleantechtransitinc.com/

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Hill-Rom Holdings, Inc. (NYSE:HRC) has declared a fiscal 2011 fourth quarter dividend of $0.1125 per share. This dividend is payable on September 30, 2011, to shareholders of record as of September 16, 2011. Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, noninvasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, and information technology solutions.

Hill-Rom Holdings, Inc. provides medical technologies and related services for the health care industry in the United States and internationally.

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Jacobs Engineering Group Inc. (NYSE:JEC) announced that it has been awarded a contract by Suncor Energy to provide support for a program of sustaining works as part of its Firebag Stage Three in-situ oil sands project near Fort McMurray, Canada. Jacobs has completed the detailed design phase of Firebag Stage Three; providing support for sustaining projects is the next step in Jacobs' involvement with the Firebag program, as Jacobs is currently involved in managing the ongoing pre-sustaining projects. By capitalizing on technical experience and continuously improving standards and processes, Jacobs works to facilitate operational effectiveness, reduce costs and maintain a strong safety record.

Jacobs Engineering Group Inc. provides professional, technical, and construction services. Its services include engineering, design, and architectural services; construction and construction management services; operations and maintenance services; and process, scientific, and systems consulting services.

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Convergys Corporation (NYSE:CVG) announces the appointment of Maria Victoria (?Ivic?) Mueco as country manager for Convergys' customer management operations in the Philippines. As Country Manager, Mueco is responsible for executing against Convergys' growth plans for the Philippines, where Convergys holds the distinction of being the country's largest private employer. Mueco is also responsible for overseeing the operations within Convergys' 15 contact centers and nearly 25,000 customer management employees in the country. Mueco served previously as Vice President and Head of Philippines Operations with responsibility for the overall management and development of Convergys' operations in the Philippines.

Convergys Corporation provides relationship management solutions worldwide. It operates in two segments, Customer Management and Information Management.

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Authored by, trader888
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