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TW, EVCA, TWER, CLUB - PennyToBuck.com Investment News! - Towers Watson, Evcarco Inc, Towerstream, Town Sports International

Posted, by PennyToBuck on October 13th, 2010

EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of environmentally friendly franchised dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.

EVCARCO has been working on projects with the US Federal Government as announced in previous releases since first quarter of 2010; the trials have given the management of EVCARCO insight into the needs and requirements of the Federal Government and, with this knowledge, the corporation stands at a significant advantage in respect to sourcing specific AEV and Hybrid Units for the Military.

The US Military through TARDEC has set a strong precedent relating to adoption of Alternative energy units into the US Military. TARDEC is the U.S. Army’s lead organization for ground vehicle systems integration, engineering and technology development.

Initial development of units will be entered into testing phase by late 2010 with “Real World” Government testing anticipated for early 2011.

AFVs are vehicles that operate on alternative fuels, such as methanol, ethanol, compressed natural gas, liquefied petroleum gas, or electricity, as designated by the U.S. Department of Energy. Some AFVs that can run on conventional fuels like gasoline, as well as alternative fuels, are called dual-fueled vehicles

For more information on EVCA, please visit: http://www.evcarco.com

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Towers Watson (NYSE, NASDAQ:TW) reported recently the pricing of the previously announced secondary public offering of its Class A common stock, at a price of $46.00 per share. In this offering, which is subject to customary closing conditions, certain existing holders of the company’s outstanding Class B-1 common stock have agreed to sell approximately 4.3 million shares of Class A common stock and grant the underwriters an option to purchase up to approximately 640,000 additional shares to cover any overallotments. Towers Watson will not receive any of the proceeds from the sale of shares, and there will be no dilution of shares currently outstanding.

Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. With approximately 14,000 full-time and contract associates around the world, we offer solutions in the areas of employee benefits, talent management, rewards, and risk and capital management. Towers Watson was formed on January 1, 2010, from the merger of Towers Perrin and Watson Wyatt, two leading multi-service firms that provide a broad array of consulting services to organizations around the world.

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Towerstream (Nasdaq:TWER) a leading 4G service provider delivering high-speed wireless Internet access to businesses in 11 major metropolitan areas in the U.S., announced recently results for the second quarter ended June 30, 2010.

Revenues for the second quarter 2010 increased 15% from the first quarter 2010 and increased 33% compared to the second quarter 2009. These increases were driven by 56% growth in our customer base from approximately 1,600 customers at the end of the second quarter 2009 to approximately 2,500 at the end of the second quarter 2010.

Founded in 2000, Towerstream has established networks in 11 markets including New York City, Boston, Los Angeles, Chicago, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Philadelphia, Nashville and the greater Providence area where the Company is based.

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Town Sports International Holdings, Inc. (NASDAQ:CLUB) a leading owner and operator of health clubs, announced recently that management will participate in the 4th Annual William Blair Emerging Growth Stock Conference in New York City at the InterContinental Barclay New York Hotel. Robert Giardina, President & Chief Executive Officer, and Dan Gallagher, Chief Financial Officer, are scheduled to present.

New York-based Town Sports International Holdings, Inc. is a leading owner and operator of fitness clubs in the Northeast and mid-Atlantic regions of the United States and, through its subsidiaries, operated 160 fitness clubs as of September 28, 2010, comprising 108 New York Sports Clubs, 25 Boston Sports Clubs, 18 Washington Sports Clubs (two of which are partly-owned), 6 Philadelphia Sports Clubs, and 3 clubs located in Switzerland.

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Authored by, PennyToBuck
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