BBRG, MRTN, CLNO, COIN - Stock Market News And Updates!! From DrStockPick.com
Sunday, April 3rd, 2011
Bravo Brio Restaurant Group, Inc. (Nasdaq:BBRG) reported the successful completion of a secondary public offering of 4,577,122 of its common shares at a public offering price of $16.25 per share, which included 416,102 shares sold to the underwriters to cover over-allotments. All of the shares were offered by certain existing shareholders of BBRG.
The selling shareholders include affiliates of two private equity firms, Bruckmann, Rosser, Sherrill & Co. Management, L.P. and Castle Harlan, Inc.
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Marten Transport, Ltd. (Nasdaq:MRTN) reported that it will release its first quarter financial and operating results after the close of the market on Tuesday, April 19, 2011.
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CLNO, Cleantech Transit, Inc., CLNO.OB
CLNO was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.
Biomass renewable organic material such as wood and agricultural residues comprises the oldest and most prevalent energy resource. Even today, biomass is the world’s most popular fuel for heating.
With rising fossil fuel prices and growing environmental concerns, biomass energy systems are reclaiming their positions in schools, factories, military bases, and community energy plants.
Biomass recently surpassed hydropower as the nation’s leading source of renewable energy and now accounts for more than half of all renewable energy used in the United States.
A huge percentage of the world’s fossil fuels come from the world’s most volatile places. By reducing your use of oil derivatives, you reduce dependence on foreign energy sources, increasing our country’s energy security by converting energy from waste.
Thousands of large and small U.S. power plants use biomass fuels to produce more than 7700 MW of electricity.
CLNO has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, CLNO has selected to invest in Phoenix Energy.
Wood waste is one of the most abundant, cost-competitive, and environmentally friendly biomass resources.
Currently the most cost-effective wood sources are residues from manufacturing and wood waste otherwise destined for landfills.
Manufacturers generate an enormous amount of waste residue in the process of making products such as lumber, furniture, pallets, and paper. In general, less than 50 percent of the tree ends up in a final product, and the balance represents a vast underutilized resource.
Cleantech Transit Inc.’s only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
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 that can maximize shareholder value. 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 can generate shareholder returns as well benefit the Company’s manufacturing clients worldwide.
Discover more about CLNO at www.cleantechtransitinc.com
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Converted Organics Inc. (Nasdaq:COIN) reported that the Company’s management will update shareholders on recent business developments during a conference call scheduled for 10:00 a.m. ET on Tuesday, April 5, 2011.
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