Avon Products Inc. (NYSE:AVP) declared a regular quarterly dividend on its common stock of $.23 per share, payable December 1, 2011, to shareholders of record November 15, 2011.
Avon Products Inc. engages in manufacturing and marketing beauty and related products in worldwide.
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.
Biogas is the product of organic material (solid and/or liquid) decomposition (anaerobic digestion), composed mainly of methane and carbon dioxide. Biogas is produced in large quantities in landfill sites, and it has potential as a fuel to generate electricity or to provide process heat.
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.
Organic material made from plants and animals is referred to as biomass. It contains energy stored from the sun. When plants absorb solar energy for a process called photosynthesis for their food manufacture, the chemical energy they contain passes on to animals and human beings that eat them. This process is said to be a renewable energy source because while we can always grow trees and crops, waste will always be a byproduct. Biomass fuels are wood, crops, manure and garbage.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
Arcelor Mittal (NYSE:MT) announced results1 for the three and nine month periods ended September 30, 2011. Health & Safety lost time injury frequency rate2 remained constant at 1.5x in 3Q 2011. 3Q 2011 EBITDA3 increased by 11.4% to $2.4 billion compared to Q3 2010; EBITDA of $8.4 billion for first nine months 2011, 25.9% higher than first nine months 2010. 3Q 2011 steel shipments of 21.1 Mt, 2.7% higher than 3Q 2010. 3Q 2011 EBITDA per tonne of $114, 8.3% higher than 3Q 2010. 3Q 2011 own iron ore production of 14.1 Mt, up 8.4% y-o-y; 6.7 Mt market price4 iron ore shipped (up 9.6% y-o-y)
ArcelorMittal, together with its subsidiaries, engages in the production and marketing of steel worldwide.
Lincoln National Corp. (NYSE:LNC) reported net income for the third quarter of 2011 of $143 million, or $0.44 per diluted share available to common stockholders, compared to net income in the third quarter of 2010 of $246 million, or $0.75 per diluted share available to common stockholders.
Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It sells a range of wealth protection, accumulation, and retirement income products and solutions.
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