Pall Corp. (NYSE:PLL) increased the Company’s authorization to repurchase shares of its common stock by $250 million. As of July 31, 2011, the Company had approximately $200 million remaining from an authorization dated October 16, 2008. Consistent with fiscal year 2011, Pall expects to purchase approximately $150 million worth of Company shares during the course of fiscal year 2012.
Pall Corporation, together with its subsidiaries, manufactures and markets filtration, purification, and separation products and integrated systems solutions worldwide.
American Express Company (NYSE:AXP) announced two new benefits to the American Express� Corporate Platinum Card to help business travelers get through airports quickly and stay connected during flights.
American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide.
Emerson Electric Co. (NYSE:EMR) will report its fourth-quarter and full-year fiscal 2011 results prior to market opening on Tuesday, November 1, 2011. Emerson senior management will discuss the results during an investor conference call that same day, beginning at 3:00 p.m. Eastern Time (2:00 p.m. Central Time).
Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses.
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.
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.
One of the strongest points for using biomass for energy purposes is that it serves the dual function of both providing a renewable energy source as well as helping to significantly reduce the volume of waste that goes into landfills. It so critically important to remember that once our garbage leaves our homes, it is then shipped off to overflowing landfills. It’s vital to keep in mind that waste and garbage is a responsibility shared by all of us, and we all need to get involved with reducing waste and reusing as much as possible.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
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