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Home > (KDN, SAP, CRWE, EXR, ETN) Stocks to Watch by PennyGovernance.com

(KDN, SAP, CRWE, EXR, ETN) Stocks to Watch by PennyGovernance.com

July 30th, 2011 at 11:08 am





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.

Biomass is one of renewable energy sources and refers to biological material derived from living organisms such as wood and waste. Biomass is not only used to generate electricity as it is also able to produce heat. Among the simplest examples of biomass are the forest residues such as dead trees and wood chips, which have shown very good potential as energy sources. Biomass also includes plant or animal matter used for production of fibers or chemicals. Biomass energy has very long history and has been used in primitive forms since the early days of mankind.

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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Time Warner Cable Inc. (NYSE:TWC) reported financial results for its second quarter ended June 30, 2011. Revenues for the second quarter of 2011 increased 4.4% from the second quarter of 2010 to $4.9 billion. Residential services revenues grew 2.5% year-over-year to $4.3 billion, business services revenues increased 34.7% to $361 million, advertising revenues grew 4.2% to $225 million and other revenues increased 5.5% to $58 million. Adjusted Operating Income before Depreciation and Amortization ("Adjusted OIBDA") rose 4.2% over the second quarter of 2010 to $1.8 billion. The increase was driven by revenue growth, partially offset by a 4.6% increase in operating expenses.

Time Warner Cable Inc. provides video, data, and voice service over its broadband cable systems to residential and commercial customers in the United States.

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Nicor Inc. (NYSE:GAS) the Board of Directors of Nicor Inc. (NYSE:GAS) declared a quarterly common stock dividend of 46.5 cents per share, payable November 1, 2011, to stockholders of record on September 30, 2011. This payment continues the annual rate of $1.86 per share and represents the 231st consecutive quarterly dividend payment by the company.

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

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DR Horton Inc. (NYSEBig GrinHI) reported net income for its third fiscal quarter ended June 30, 2011 of $28.7 million, or $0.09 per diluted share. The quarterly results included $9.9 million in pre-tax charges to cost of sales for inventory impairments and land option cost write-offs and a $6.5 million loss on early retirement of debt. Net income for the same quarter of fiscal 2010 was $50.5 million, or $0.16 per diluted share. Homebuilding revenue for the third quarter of fiscal 2011 totaled $975.4 million, compared to $1.4 billion in the same quarter of fiscal 2010. Homes closed in the quarter totaled 4,555 homes, compared to 6,805 homes in the same quarter of fiscal 2010.

D.R. Horton, Inc. operates as a homebuilding company in the United States.

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Computer Sciences Corporation (NYSE:CSC) announced that it has been positioned in the "Leaders" quadrant of two Gartner reports, "Magic Quadrant for Data Center Outsourcing and Infrastructure Utility Services, North America" and "Magic Quadrant for Data Center Outsourcing and Infrastructure Utility Services, Europe." The North American report, published on July 20, reviewed 17 providers of data center outsourcing and infrastructure utility services, specifically looking at their vision and ability to execute these services. The European report, published on July 12, reviewed 13 providers.

Computer Sciences Corporation provides information technology (IT) and professional services to governments and commercial enterprises.

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