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Home > (BBEP, CLNO, NEBS, TESO, CENT) Stock in Review by StockHotTips.com

(BBEP, CLNO, NEBS, TESO, CENT) Stock in Review by StockHotTips.com

July 29th, 2011 at 12:47 pm








Breitburn Energy Partners L.P. (Nasdaq:BBEP) announced it has signed a definitive agreement to acquire natural gas and oil producing properties in Wyoming for approximately $285 million in cash from an undisclosed seller.

BreitBurn Energy Partners L.P. engages in the acquisition, exploitation, and development of oil and gas properties in the United States.

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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. Cleantech Transit Inc 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).

Biomass can be used for producing biodegradable plastic bags, clothing, plastics, and structural products for using in the building industry. Biomass is also used to produce electricity, mainly in the pulp and paper industries. Biomass is also used with coke to produce electricity for industry.

Biomass is a very versatile form of renewable energy and the technology and applications are improving. As interest in global warming, reducing the use of fossil fuels and reducing carbon footprints becomes more significant, biomass will become a more important and widespread form of energy in the future.

For more information about CLNO, visit www.cleantechtransitinc.com

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New England Bancshares Inc (Nasdaq:NEBS) announced net income for the quarter ended June 30, 2011 of $779,000, or $0.13 per diluted share, compared to $681,000, or $0.11 per diluted share, for the quarter ended June 30, 2010. The increase was primarily attributable to a $300,000 decrease in the provision for loan losses, partially offset by a $245,000 increase in noninterest expense.

New England Bancshares, Inc. operates as the holding company for New England Bank that provides various commercial banking products and services.

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Tesco Corporation (Nasdaq:TESO) has scheduled a conference call to discuss its second quarter 2011 results on Friday, August 5, 2011 at 10:00 AM Central Time. Financial results for the second quarter of 2011 are expected to be released Thursday, August 4, 2011 after the market closes. Individuals who wish to participate in the conference call should dial US/Canada (877) 312-5422 or International (253) 237-1122 approximately five to ten minutes prior to the scheduled start time of the call. The conference ID for this call is 73126134.

Tesco Corporation engages in the design, manufacture, and service delivery of technology based solutions for the upstream energy industry worldwide.

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Central Garden & Pet Co. (Nasdaq:CENT) will announce results for its third quarter ended June 25, 2011 on Wednesday, August 3, 2011 after the close of trading. In conjunction with the earnings release, Central will host a conference call at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time), to discuss the third quarter 2011 financial results and will provide a general business update. The conference call will be accessible via the internet from the company's website.

Central Garden & Pet Company produces and sells products for the pet, and lawn and garden supplies industries primarily in the United States.

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