Cintas Corporation (Nasdaq:CTAS) reported results for its fourth quarter ended May 31, 2011. Revenue was $1,012.1 million, representing an 11.3% increase compared to last year`s fourth quarter. Organic growth, which adjusts for the impact of acquisitions, was 8.0%. Net income increased 27.6% to $70.8 million as compared to $55.5 million in last year`s fourth quarter. Earnings per diluted share for the fourth quarter were $0.49, a 36.1% increase over the $0.36 earnings per diluted share reported in last year`s fourth quarter. Last year`s fourth quarter results included a restructuring item which increased net income by $1.9 million and earnings per diluted share by $0.01.
Cintas Corporation provides corporate identity uniforms and related business services in North America and Latin America, Europe, and Asia.
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. At Phoenix Energy they are deeply committed to their customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing their wood waste gasification systems their customers help to:
o Reduce greenhouse gas emissions.
o Reduce the amount of toxic pollutants in the atmosphere.
o Save landfill space from taking up more of their landscape and Reduce groundwater
Contaminants.
o Improve energy security and reduce dependence on foreign sources of energy.
Burning biomass is not the only way to release its energy. Biomass could be converted to other useable forms of energy, such as methane gas or transportation fuels, such as ethanol and biodiesel. Methane gas is the main ingredient of natural gas. The most common form of biomass is wood. For thousands of years people have burned wood for heating and cooking. Wood was the main source of energy in the United States and the rest of the world until the mid-1800s. Wood continues to be a major source of energy in much of the developing world. Biomass is organic material made from plants and animals (microorganisms). Biomass contains stored energy from the sun. Plants absorb the sun’s energy in a process called photosynthesis.
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.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Knology, Inc. (Nasdaq:KNOL) will provide an online, real-time webcast of its conference call discussing 2011 second quarter financial results on Wednesday, August 3, 2011, at 8:30 a.m. Eastern Time. A simulcast of the conference call will be available on the Internet at www.knology.com or www.earnings.com.
Knology, Inc. provides video, voice, data, and advanced communications services to residential and business customers in the southeastern and midwestern United States.
Rainmaker Systems Inc. (Nasdaq:RMKR) will announce its second quarter 2011 financial results after the close of regular market trading on Thursday, August 11, 2011. A press release will be transmitted to the news media immediately following the close of the market on August 11th. The Company will also hold a conference call to discuss the results at 1:30 p.m. Pacific Time (4:30 p.m. ET).
Rainmaker Systems, Inc. provides sales and marketing solutions, combining hosted application software, and execution services to enterprises operating in the computer hardware and software, telecommunications, and financial services industries.
Center Financial Corporation (Nasdaq:CLFC), the holding company of Center Bank, announced that its management will present a company overview to a group of investors at the Keefe, Bruyette & Woods 2011 Community Bank Conference, Wednesday, August 3, 2011 at 2:30 p.m. ET (11:30 a.m. PT) in New York City.
Center Financial Corporation operates as the holding company of Center Bank, which offers financial services for small to medium sized business customers primarily in Southern California.
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