Rackspace Hosting, Inc. (NYSE:RAX) will present at Kaufman Bros. 14th Annual Investor Conference on September 7 at 11:35 a.m. Eastern in New York. Audio webcasts of the presentations will be available on the Rackspace Web site, located at http://ir.rackspace.com.
Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. It provides information technology (IT) as a service, managing Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide.
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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. (CLNO) was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector.
Cleantech Transit Inc. (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, Cleantech 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.
According to the U.S. Department of Energy, biomass recently surpassed hydropower as the largest domestic source of renewable energy, and consumption in electric utilities is expected to double every 10 years through 2030. Bio power uses biomass energy systems to generate electricity through methods such as:
1. gasification
2. pyrolysis
3. anaerobic digestion
4. modular
The U. S. Department of Energy (DOE) estimates that biomass will remain the largest source of renewable electricity generation among the non-hydropower renewable fuels through 2030.
For more information please visit official website of CLNO: http://www.cleantechtransit.com\
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Tenet Healthcare Corporation (NYSE:THC) announced that East Cooper Medical Center has appointed Jason Alexander as its new chief executive officer. As CEO, Alexander will oversee strategic, operational and clinical activities for the 140-bed acute-care hospital in Mount Pleasant, S.C. “We were pleased that Jason is re-joining our organization. He is a proven leader who has consistently demonstrated an ability to develop and execute sound strategies, improve operations and clinical quality and work collaboratively with physicians,” said John Holland, senior vice president of operations for Tenet’s Southern States region. “His skill set and 15 years of experience in health care management will be integral in enhancing the success of East Cooper Medical Center.”
Tenet Healthcare Corporation, an investor-owned health care services company, operates general hospitals and related health care facilities.
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Griffon Corporation (NYSE:GFF) announced that it has completed its exchange offer of $550,000,000 aggregate principal amount of its 71/8% Senior Notes Due 2018 registered under the Securities Act of 1933 (the “New Notes”) for $550,000,000 aggregate principal amount of its outstanding 71/8% Senior Notes Due 2018 issued in a private offering in March 2011 (the “Old Notes”). As of the scheduled expiration time of 5:00 p.m., New York City time, on August 9, 2011, $546,935,000 of the aggregate principal amount, or 99.4%, of the Old Notes were tendered and accepted for exchange.
Griffon Corporation, through its subsidiaries, operates as a manufacturing company. The company operates through three segments: Telephonics, Building Products, and Plastics.
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The Wendy’s Company (NYSE:WEN) reported results for the second quarter ended July 3, 2011. The Company completed the sale of Arby’s Restaurant Group, Inc. on July 4, 2011 and Arby’s® results are reflected as discontinued operations for all periods presented. Roland Smith, President and Chief Executive Officer of The Wendy’s Company said, “We were pleased to produce a 2.3% same-store sales increase at Wendy’s® North America Company-operated restaurants in the second quarter of 2011, which represents the brand’s best sales performance since the fourth quarter of 2008.
The Wendy’s Company operates as a quick-service hamburger company in the United States. The company, through its subsidiary, Wendy’s International, Inc., operates as a franchisor of the Wendy’s restaurant system.
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