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Home > (CLNO, NKA, LHO, FE, SHO) Stocks in Action by PennyOmega.com

(CLNO, NKA, LHO, FE, SHO) Stocks in Action by PennyOmega.com

July 30th, 2011 at 11:22 am





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).

Biomass energy derived from plant and animal matter is one of many alternative fuel sources being looked at to replace the fossil fuels that man relies so heavily for energy. One of the things that makes biomass so appealing is that it is a renewable resource, while fossil fuels exist in finite amounts. However, in order understand its importance, one must understand the biomass energy pros and cons.

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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Niska Gas Storage Partners LLC (NYSE:NKA) announced a cash distribution of $0.35 per common and subordinated unit. The distribution will be payable on Friday, August 12, 2011 to unit holders of record at the close of business on Friday, August 5, 2011. This distribution represents the minimum quarterly distribution of $0.35 per unit, or $1.40 per unit on an annualized basis, as set forth in Niska`s operating agreement. The distribution rate is unchanged from the preceding quarter.

Niska Gas Storage Partners LLC owns and operates natural gas storage assets in North America. It owns or contracts for approximately 185.5 billion cubic feet of total gas storage capacity.

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LaSalle Hotel Properties (NYSE:LHO) announced results for the quarter ended June 30, 2011. RevPAR Room revenue per available room ("RevPAR") for the quarter ended June 30, 2011 increased 6.3 percent to $168.97, as a result of a 4.6 percent increase in average daily rate ("ADR") to $202.52 and a 1.6 percent increase in occupancy to 83.4 percent. Hotel EBITDA margin The Company's hotel EBITDA margin for the quarter ended June 30, 2011 was 35.1 percent, which was an improvement of 180 basis points compared to the comparable prior year period. Adjusted EBITDA The Company's adjusted EBITDA was $67.5 million, an increase of 21.6 percent over the second quarter of 2010.

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States.

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FirstEnergy Corp. (NYSE:FE) Will release 2011 second quarter results on August 2, the company is inviting investors, customers and other interested parties to listen to a live webcast of its teleconference for financial analysts at 1 p.m. EDT, that day.

Firstenergy Corp. operates as a diversified energy company. The company, through its subsidiaries and affiliates, involves in the generation, transmission, and distribution of electricity, as well as energy management and other energy-related services.

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Sunstone Hotel Investors Inc (NYSE:SHO) announced that it will report financial results for the second quarter 2011 prior to market open on Monday, August 8, 2011. Management will hold a conference call on Monday, August 8, 2011 at 12:00 p.m. EDT (9:00 a.m. PDT) to discuss second quarter 2011 results.

Sunstone Hotel Investors, Inc. operates as a real estate investment trust. The firm engages in the acquisition, ownership, asset management, renovation, and sale of luxury, upper upscale, and upscale full-service hotels in the United States.


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