Walter Energy, Inc. (NYSE:WLT), the world’s leading publicly traded “pure play” producer of metallurgical coal for the global steel industry, is responding to a request from the Investment Industry Regulatory Organization of Canada on behalf of the Toronto Stock Exchange following recent trading activity. Walter Energy is not aware of any corporate developments to account for this activity. The Company’s policy is not to comment on rumors or speculation, and accordingly does not intend to comment further.
Walter Energy, Inc. produces and exports metallurgical coal for the steel industry primarily in the United States.
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. 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.
Biomass can be used in two fundamental ways: directly (e.g. burning wood for heating and cooking) and indirectly (by conversion into a liquid or gaseous fuel, e.g. ethanol from sugar crops, biodiesel from vegetable oils, or biogas from landfills and animal waste). Direct use is often termed “traditional” use, and indirect use is often termed “modern” or “commercial” biomass use because it involves more advanced processes, such as gasification and electricity generation. Direct or traditional use predominates in the developing world, while indirect use (after transformation) is more common in the industrialized countries.
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
LinkedIn Corporation Class A Co (NYSE:LNKD) and Taleo Corporation (NASDAQ:TLEO), the global leader of SaaS-based Talent Management solutions, announced two new integrated features that make it simpler and faster for professionals to apply for jobs at companies using Taleo’s talent management solutions, and for recruiters at those companies to hire the best talent.
LinkedIn Corporation operates an online professional network.
Tyco International Ltd. (NYSE:TYC) announced that it has reached an agreement to acquire Visonic Ltd. (TASE:VSC.TA.ta), a global developer and manufacturer of electronic security systems and components, for approximately $100 million in cash. The acquisition will strengthen the wireless product and technology portfolio and market presence of the Tyco Security Products business in the intrusion security market.
Tyco International Ltd. provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products worldwide.
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