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Home > (WTR, CLNO, IVR, FTI, TUP) Stock Highlights by StockHotTips.com

(WTR, CLNO, IVR, FTI, TUP) Stock Highlights by StockHotTips.com

July 30th, 2011 at 01:21 pm






Aqua America Inc. (NYSE:WTR) announced that it has reached an agreement to sell its Maine operations to Connecticut Water Service, Inc. for $53.5 million, subject to certain adjustments at closing. Aqua America has owned the company, which includes 11 water systems serving 16,000 customers in 17 communities throughout Maine, since March 1999. The sale, which requires approval of the Maine Public Utilities Commission, is expected to be completed during the first quarter of 2012.

Aqua America, Inc., through its subsidiaries, operates regulated utilities that provide water or wastewater services in the United States.

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Cleantech Transit Inc (CLNO)

Biomass energy is energy produced by burning biomass. Biomass is a broad category of material encompassing all the living matter in an area. Wood, crops and crop waste, and wastes of plant, mineral, and animal matter comprise much of an area's biomass. Much of this material is considered "garbage" and ends up in landfills.

It has been estimated that 90 percent of U.S. waste products could be burned, thereby providing the equivalent energy of 100 million tons of coal (20 percent of waste products will not burn though they can be recycled). In Western Europe, there are more than 200 power plants that burn rubbish (garbage) to produce electricity.

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).

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 CLNO, visit www.cleantechtransitinc.com

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Invesco Mortgage Capital Inc. (NYSE:IVR) announced results for the quarter ended June 30, 2011.The Company reported net income of $74.4 million, or $0.99 per share (basic and diluted), for the quarter ended June 30, 2011 compared to $53.7 million, or $1.01 per share (basic and diluted), for the quarter ended March 31, 2011. The 39% increase in quarterly net income was driven by an increase in average earning assets as the Company invested the funds from the follow-on common stock offerings completed in March and June 2011.

Invesco Agency Securities Inc. operates as a mortgage real estate investment trust. The company was founded in 2008 and is based in Atlanta, Georgia.

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FMC Technologies, Inc (NYSE:FTI) announced that it will issue its third quarter 2011 earnings release after the market closes on Tuesday, October 25, 2011. The Company also announced it will host its third quarter 2011 earnings release teleconference on Wednesday, October 26, at 9:00 a.m. EDT.

FMC Technologies, Inc. provides technology solutions for the energy industry and other industrial markets. It designs, manufactures, and services technologically sophisticated systems and products, such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry.

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Tupperware Brands Corporation (NYSE:TUP) reported record second quarter 2011 sales and profit, with a sales increase in local currency of 9% before a positive impact from foreign exchange rates of 10%. This resulted in record reported sales that were 19% above the second quarter of 2010.

Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force.



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