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(NBN, GRHU, MYL, DGICB) Stock News From PennyOmega.com

Posted, by pennylynnomega on December 28th, 2010

GreenHouse Holdings, Inc. (OTCQB:GRHU) a leading provider of energy efficiency solutions and sustainable infrastructure products, announced that it has been engaged to utilize Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program in Gulfstream Aerospace Corporation's Long Beach, CA facility. GreenHouse is a qualified service provider of SCE's Auto-DR program, providing site assessment, feasibility studies, project development, engineering, and installation of enabling technologies and complete processing of all incentives.

The Auto-DR program offers significant financial incentives and technical support to SCE customers with automated load control systems that participate in demand response events. Auto-DR uses control systems to automatically achieve specified energy demand reductions (kW and duration) during periods of peak energy consumption. In utilizing the Auto-DR system, Gulfstream will reduce electric consumption during costly peak energy periods when the demand is highest. Additionally, the system provides Gulfstream the ability to reduce operating costs by curtailing the use and purchase of electricity. Gulfstream will then receive financial incentives from SCE.

"Auto-DR is just one of the innovative services Greenhouse offers to help our clients reduce energy consumption by deploying state-of-the-art technology," says Rob Davis, Vice President of GreenHouse Holdings, Inc. "We are truly honored to be selected by Gulfstream and we are looking forward to the Auto-DR project as the first of many services offered in support of Gulfstream's corporate energy stewardship initiatives. This project goes to the heart of Greenhouse's mission to deliver sustainable solutions that reduce energy consumption with a positive return on investment."

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Donegal Group, Inc. (Nasdaq:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.115 per share of Class A common stock and $.1025 per share of Class B common stock payable February 15, 2011 to stockholders of record as of the close of business on February 1, 2011.

Donegal Group Inc. is an insurance holding company whose insurance subsidiaries offer personal and commercial property and casualty lines of insurance worldwide.

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Mylan Inc. (Nasdaq:MYL) announced that it has signed a license agreement with Meda, a leading international specialty pharma company headquartered in Sweden, for the exclusive marketing and distribution rights of EpiPen® (epinephrine) Auto-Injector in Europe. EpiPen Auto-Injector is used for emergency treatment of severe allergic reactions (anaphylaxis). Anaphylaxis can occur quickly, often within a couple of minutes, and may be life-threatening.

Mylan Inc. and its subsidiaries engage in the development, manufacture, marketing, licensing, and distribution of generic and branded generic pharmaceuticals, specialty pharmaceuticals, and active pharmaceutical ingredients (APIs) worldwide.

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Northeast Bancorp (Nasdaq:NBN) announced that it has received all shareholder and regulatory approvals necessary to complete the merger with FHB Formation LLC (“FHB”), bringing approximately $16 million of new capital to Northeast. The transaction is expected to close on or before December 31, 2010, with Northeast continuing as the surviving entity. As part of this transaction, Northeast will retain its headquarters in Lewiston, ME, and Northeast’s management and employees will remain. Northeast’s customer accounts and retail locations will not change as a result of the transaction, making this transition seamless for customers across all of Northeast’s business lines, including its investment group, Northeast Financial Services and its wholly-owned subsidiary, Northeast Bank Insurance Group, Inc.

Northeast Bank, a leader in delivering one-stop shopping for financial services, is headquartered in Lewiston, Maine and is a wholly-owned subsidiary of Northeast Bancorp.

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Authored by, pennylynnomega
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