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Home > (GPRO, CLNO, SYNL, WWD, ARQL) Stocks to Watch by PennyOmega.com

(GPRO, CLNO, SYNL, WWD, ARQL) Stocks to Watch by PennyOmega.com

July 29th, 2011 at 12:07 pm





Gen-Probe Inc. (Nasdaq:GPRO) reported financial results for the second quarter of 2011, with total revenues of $135.9 million and non-GAAP earnings per share (EPS) of $0.51.

Gen-Probe Incorporated engages in the development, manufacture, and marketing of nucleic acid tests used primarily to diagnose human diseases and screen donated human blood in North America and internationally.

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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. 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.

Biomass is a renewable form of energy. Renewable simply means the rate of consumption and resource replacements are equal. Fossil fuels for example are a form of non renewable energy, as our rate of consumption far outweighs the rate of resource replacement. With an increasing global population, and efforts to improve the standard of living for many developing countries, our energy requirements will easily double over the next ten to twenty years. Building our energy future on fossil fuels, is a non-sustainable activity and can only support our energy demands in the short term. Biomass and other renewable energy technologies such as wind, solar and wave are needed to power our future.

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

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Synalloy Corp. (Nasdaq:SYNL) announces that the second quarter of 2011 produced 59% higher net earnings of $1,709,000, or $0.27 per share, on a 14% sales increase to $41,398,000. This compares to net earnings of $1,078,000, or $0.17 per share, on sales of $36,349,000, in 2010's second quarter. For the six months ended July 2, 2011, sales were $84,141,000, up 18% from sales of $71,549,000 for the same period of 2010. Net earnings for the first six months of 2011 surged 263% to $4,209,000 or $0.66 per share compared to $1,160,000, or $0.18 per share for the comparable period last year.

Synalloy Corporation, together with its subsidiaries, manufactures and sells pipes and piping systems in the United States and internationally. It operates in two segments, Metals and Specialty Chemicals.

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Woodward, Inc. (Nasdaq:WWD) announced that its Board of Directors has approved a quarterly cash dividend of $0.07 per share, payable on September 1, 2011 for shareholders of record as of August 18, 2011.

Woodward, Inc. engages in the design, manufacture, and servicing of energy control and optimization solutions for commercial and military aircraft and ground vehicles, turbines, reciprocating engines, and electrical power system equipment worldwide.

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ArQule Inc. (Nasdaq:ARQL) announced that it will report its financial results for the second quarter of 2011 in a press release to be issued on Thursday, August 4, 2011 at 7:00 a.m. eastern time. The Company will host a conference call at 9:00 a.m. eastern time that day to discuss these results.

ArQule, Inc., a clinical-stage biotechnology company, engages in the research and development of cancer therapeutics directed toward molecular targets and biological processes.


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