Gulf Island Fabrication Inc. (Nasdaq:GIFI) reported a net income of $1.8 million ($.13 diluted EPS) on revenue of $87.3 million for its second quarter ended June 30, 2011, compared to net income of $3.4 million ($.24 diluted EPS) on revenue of $75.3 million for the second quarter ended June 30, 2010. Net loss for the six months ended June 30, 2011 was $5.1 million ($.36 diluted loss per share) on revenue of $133.6 million, compared to the net income of $7.9 million ($.55 diluted EPS) on revenue of $144.5 million for the six months ended June 30, 2010. The company had a revenue backlog of $712.3 million and a labor backlog of approximately 6.2 million man-hours, consisting of work remaining on commitments received through July 28, 2011.
Gulf Island Fabrication, Inc. operates as a fabricator of offshore drilling and production platforms, hull and deck sections of floating production platforms, and other specialized structures used in the development and production of offshore oil and gas reserves.
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Oculus Innovative Sciences, Inc. (Nasdaq:OCLS) announced that the financial results for its fiscal first quarter 2012, ended June 30, 2011, will be released after the U.S. market closes on August 4, 2011. The earnings release will be followed by a conference call at 1:30 p.m. PDT (4:30 p.m. EDT) on August 4, 2011, to discuss fiscal first quarter results. Individuals interested in participating in the conference call may do so by dialing 877-303-7607 for domestic callers or 973-638-3203 for international callers. Those interested in listening to the conference call live via the Internet may do so at http://ir.oculusis.com/events.cfm. Please log on approximately 30 minutes prior to the presentation in order to register and download the appropriate software.
Oculus Innovative Sciences, Inc. develops, manufactures, and markets tissue care products based on Microcyn platform technology to treat infections and enhance healing while reducing the need for antibiotics.
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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.
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.
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 wood waste gasification systems customers help to: reduce greenhouse gas emissions; reduce the amount of toxic pollutants in the atmosphere; save landfill space from taking up more of our landscape and Reduce groundwater contaminants; and improve energy security and reduce dependence on foreign sources of energy.
Biomass is the wasted organic matter of the plants, which is available in various forms like wood, broken branches of tree, twigs, leaves and even garbage and waster paper. The biomass materials are a great source of energy that can be used for various applications like heating water, cooking food, generating power etc. Biofuels obtained from the biomass can also be used as the alternative fuel for the vehicles.
For more information about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com
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DemandTec, Inc. (Nasdaq
MAN) announced that Farmacias Ahumada S.A. (FASA), the largest drugstore chain in Latin America, has extended its subscription to DemandTec's Everyday Price Optimization software service on the network for its retail stores in Chile.
DemandTec, Inc. provides collaborative optimization network of software services connecting retailers and consumer products (CP) companies.
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Athens Bancshares Corporation (Nasdaq:AFCB), the holding company for Athens Federal Community Bank (the "Bank"), announced its results of operations for the three and six months ended June 30, 2011. The Company's net income for the three months ended June 30, 2011, was $217,000 or $0.08 per diluted share, compared to net income of $300,000 or $0.11 per diluted share for the same period in 2010. For the six months ended June 30, 2011, net income was $731,000 or $0.28 per diluted share, compared to a net loss of ($106,000) or ($0.04) per diluted share for the six months ended June 30, 2010. The net loss for the six months ended June 30, 2010 resulted primarily from a $1.1 million contribution to the charitable foundation formed by the Bank in connection with its conversion to the stock form organization, which was completed in January 2010.
Athens Bancshares Corporation operates as the holding company for Athens Federal Community Bank that provides financial services to consumers and businesses primarily in McMinn, Monroe, and Bradley Counties, Tennessee.
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(GIFI, OCLS, CLNO, DMAN, AFCB) Notable Stocks by BestOtc.com
August 1st, 2011 at 09:04 am