American Reprographics Co. (NYSE:ARC) announced that that K. “Suri” Suriyakumar, Chairman, President and CEO, Dilantha “Dilo” Wijesuriya, COO, and John E.D. Toth, ARC’s new CFO, will be attending the JP Morgan Ultimate Services Conference at the J.P. Morgan Conference Center in New York City on Wednesday, November 9, 2011.
American Reprographics Company, a reprographics company, provides business-to-business document management services.
Cleantech Transit Inc. (CLNO)
Renewable energy is a form of energy that comes from a source that is not going to run out. It offers an alternative to non-renewable sources of energy, which are derived from sources that will one day be completely depleted. Energy sources such as oil are non-renewable. There is only a certain amount of oil in the world, and oil is no longer being produced, which means that at some point it will all be used up. A renewable source of energy is one that is constantly being created, so it is always there to use. You can take the energy from sunlight, the wind, or another renewable source, and there will always be more energy available in the future because you are not consuming something that is irreplaceable.
Cleantech Transit is focusing its efforts on building a portfolio of environmentally friendly green assets. Their goal is to create a self sustaining environment where we can produce and sell clean electricity for their domestic use. In addition Cleantech will expand its focus to other areas of sustainable energies including 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. (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.
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.
Renewable energy sources provide an alternative source of energy to non-renewable energy. They offer a supply of energy that can be relied upon in the future, freeing us from fears of peak oil and the depletion of non-renewable energy sources. Another benefit of renewable energy is that they tend to be much cleaner than non-renewable energy sources. The production of usable energy from non-renewable sources usually involves burning them, which produces pollution and waste. Renewable sources produce much cleaner waste, with some forms of renewable energy being pollution free.
For more information about CLNO, visit www.cleantechtransitinc.com
Tesoro Corporation (NYSE:TSO) reported third quarter 2011 net income of $345 million, or $2.39 per diluted share compared to net income of $56 million, or $0.39 per diluted share for the third quarter of 2010. For the third quarter, the Company recorded segment operating income of $622 million, compared to segment operating income of $201 million in the third quarter of 2010, excluding one-time pre-tax expenses of $23 million associated with the Anacortes refinery outage. The year-over-year operating income improvement was driven by higher refinery utilization and capturing a significant crude cost advantage and improved margin environment.
Tesoro Corporation, together with its subsidiaries, engages in refining and marketing petroleum products in the United States. It operates in two segments, Refining and Retail.
Kid Brands, Inc. (NYSE:KID) announced that management will host a conference call and audio webcast on Wednesday, November 9, 2011, at 10:00 a.m. ET to discuss its third quarter 2011 financial results. In addition, the Company intends to file its Quarterly Report on Form 10-Q for the third quarter 2011 after the market closes on November 8, 2011 and issue its press release for the third quarter 2011 before the market opens on November 9, 2011.
Kid Brands, Inc. designs, imports, markets, and distributes infant and juvenile consumer products. It offers infant bedding and related nursery accessories and decor, such as blankets, rugs, mobiles, nightlights, hampers, lamps, and wall art under the Kids Line, Carter’s, Disney, CoCaLo Baby, CoCaLo Couture, and CoCaLo Naturals brands; and kitchen and nursery appliances, food preparation products, diaper bags, and spa/bath products under Kids Line and CoCaLo brands.
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