http://www.pennystockrumble.com/penny-stocks/?p=2288

Hess Corporation (NYSE:HES) announced a 2012 capital and exploratory budget of $6.8 billion, nearly all of which is targeted for Exploration and Production: $2.5 billion for unconventionals, $1.6 billion for production, $1.8 billion for developments and $800 million for exploration.

Griffon Corporation (NYSE:GFF), a diversified holding company, announced that it has appointed Alan H. Koblin as President of its Clopay Plastics business. Clopay Plastics is an international leader in the development and production of embossed, laminated and printed specialty plastic films used in a variety of hygienic, health-care and industrial applications.

Cleantech Transit, Inc. (CLNO)

Cleantech Transit, Inc. (CLNO)
Cleantech Transit, Inc. (CLNO) 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.