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Home > (CLNO, CLW, AXR, CSV, AON) Notable Stocks by BestOtc.com

(CLNO, CLW, AXR, CSV, AON) Notable Stocks by BestOtc.com

August 2nd, 2011 at 09:17 am







Cleantech Transit, Inc. (CLNO)

Biomass is a proven option for electricity generation. Biomass used in today's power plants includes wood residues, agricultural/farm residues, food processing residues (such as nut shells), and methane gas from landfills. In the future, farms cultivating energy crops, such as trees and grasses, could significantly expand the supply of biomass feedstock. These plants are owned by a diverse range of producers including the pulp and paper industry, wood manufacturing industry, electric utilities, and independent power producers.

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.

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

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Clearwater Paper Corporation (NYSE:CLW) announced that its Board of Directors has declared a 2-for-1 split of its common stock. The split will be effected in the form of a stock dividend payable on August 26, 2011, to shareholders of record on August 12, 2011. Shareholders will receive one additional share for each share of common stock held on the record date.

Clearwater Paper Corporation engages in the manufacture and sale of pulp-based products in the United States and internationally.

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AMREP Corp. (NYSE:AXR) announced two senior executive appointments. Theodore J. Gaasche has become President and Chief Executive Officer of the Company has become effective August 1, 2011. Mr. Gaasche has served as AMREP's Vice President of Corporate Development since February 2011. He also has been serving as Executive Vice President, Operations of Spartan Organization, Inc., a private company that advises various print, publishing and other portfolio companies owned by Nicholas G. Karabots, a director and the majority shareholder of the Company.

AMREP Corporation, through its subsidiaries, engages in real estate and media services businesses.

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Carriage Services Inc. (NYSE:CSV) announced plans to release 2011 second quarter results on Wednesday, August 3, 2011 after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, August 4, 2011 at 9:00 a.m. eastern time.

Carriage Services, Inc. provides death care services and merchandise in the United States.

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Aon Corporation (NYSE:AON) reported results for the second quarter ended June 30, 2011. Net income attributable to Aon stockholders increased 69% to $258 million or $0.75 per share, compared to $153 million or $0.54 per share for the prior year quarter. Net income attributable to Aon stockholders from continuing operations increased 43% to $256 million or $0.75 per share, compared to $179 million or $0.63 per share for the prior year quarter. Total revenue increased 48% to $2.8 billion from the prior year quarter due to a 42% increase in commissions and fees resulting from acquisitions, primarily Hewitt, net of divestitures, a 6% increase from foreign currency translation and a 1% increase in organic revenue, partially offset by lower fiduciary investment income. Total operating expenses increased 46%, or $747 million, to $2.4 billion due primarily to the inclusion of operating expenses related to the merger with Hewitt.

Aon Corporation provides risk and insurance brokerage services and consulting services worldwide.









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