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Home > (PRO, SAR, KED, CLNO, GAS) Notable Stocks by PennyGovernance.com

(PRO, SAR, KED, CLNO, GAS) Notable Stocks by PennyGovernance.com

July 28th, 2011 at 11:45 am





PROS Holdings, Inc. (NYSE:PRO) announced that it will report second-quarter 2011 financial results after U.S. financial markets close on Thursday, August 4, 2011. In conjunction with this announcement, PROS Holdings will host a conference call on August 4, 2011, at 4:30 p.m. ET to discuss the company's financial results. To access this call, dial (800) 561-2601 (domestic) or (617) 614-3518 (international). The pass code for the call is 43669935. Additionally, a live webcast of the conference call will be available in the "Investor Relations" section of the Company's web site at www.prospricing.com.

PROS Holdings, Inc. provides pricing and margin optimization software worldwide. It offers PROS Pricing Solution Suite, which is a set of integrated software products that enables enterprises to apply pricing science to determine, analyze, and execute optimal pricing strategies.

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Saratoga Investment Corp. (NYSE:SAR) is pleased to announce that Michael J. Grisius has been appointed Managing Director and Chief Investment Officer of Saratoga Investment Advisors, the management company overseeing its portfolio. Saratoga Investment Corp. intends to nominate Mr. Grisius to its board of directors.

Saratoga Investment Corp. is a business development company specializing in buyout, acquisition, growth, recapitalization, and note financing transactions of private middle market companies.

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Kayne Anderson Energy Development Company (NYSE:KED) announced its financial results for the quarter ended May 31, 2011. HIGHLIGHTS: Quarterly distribution increased to $0.38 per share; increase of $0.07 per share (22.6%) from the prior quarter's distribution, Net asset value: $22.85 per share; up $0.97 per share from the prior quarter (4.4% increase) and up $0.10 per share from previously disclosed NAV (announced on June 30, 2011), Net investment income: $1.9 million, Net realized gains: $51.6 million & Net unrealized losses: $40.2 million.

Kayne Anderson Energy Development Company is a principal investment firm specializing in energy investments.

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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 that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. Phoenix Energy is 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. Improve energy security and reduce dependence on foreign sources of energy.

Biofuels are a good option for a variety of reasons, including the fact that they are produced using crops that can be grown almost anywhere. These crops are easy to grow and renewable. The fact the crops can be grown anywhere also reduces countries need to import their energy sources, which will make them more self-sufficient and a source of domestic jobs. Biofuels such as biodiesel have also proved to be a better lubricant than fossil fuels, and this means that the life of the engine that they are applied to will be much longer. Biodiesel also burns much cleaner and will produce much less carbon dioxide emissions, which will be able to be absorbed much better by the world's plant life.

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: www.cleantechtransitinc.com.

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Nicor Inc. (NYSE:GAS) announced that it is holding a conference call to discuss its second quarter and year-to-date 2011 financial results and full-year earnings outlook. The conference call will be held on Wednesday, August 3, 2011 at 9:00 a.m. central, 10:00 a.m. eastern time. Earnings information will be released before the market opens on the morning of Wednesday, August 3, 2011. To hear the conference call live, please log on to Nicor's corporate website at www.nicor.com, choose "Investor" and then select the webcast icon on the "Overview" page. A replay of the call will be available until 10:30 a.m. central time, Thursday, August 18, 2011.

Nicor Inc., through its subsidiaries, engages in natural gas distribution business in the United States.

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