Natus Medical Inc. (Nasdaq:BABY) announced financial results for the three and six months ended June 30, 2011. For the second quarter ended June 30, 2011, the Company reported revenue of $58.1 million, an increase of 10% over revenue of $53.0 million in the comparable quarter of the previous year. Net income was $2.3 million or $0.08 per diluted share, compared to net income of $3.4 million or $0.12 per diluted share for the second quarter of 2010. For the six months ended June 30, 2011, the Company reported net income of $5.4 million, or $0.18 per diluted share, compared to net income of $3.0 million, or $0.10 per diluted share, for the comparable period in 2010.
Natus Medical Incorporated develops, manufactures, and markets neurodiagnostic and newborn care products worldwide.
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Oritani Financial Corp. (Nasdaq:ORIT), the holding company for Oritani Bank (the "Bank") reported net income of $7.3 million, or $0.14 per share, for the three months ended June 30, 2011, as compared to a net loss of $4.1 million, or $0.08 per share, for the corresponding 2010 period. The Company also reported net income of $28.5 million, or $0.54 per share, for the twelve months ended June 30, 2011, as compared to net income of $8.4 million, or $0.15 per share, for the corresponding 2010 period. The Company also reported that its Board of Directors has declared a $0.10 quarterly cash dividend on the Company's common stock. The record date for the dividend will be August 5, 2011 and the payment date will be August 19, 2011.
Oritani Financial Corp. operates as the holding company for Oritani Bank that provides retail and commercial banking services to individual and business customers in New Jersey.
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Cleantech Transit, Inc. (CLNO)
Biomass energy plants make a substantial, positive impact on local and regional economies by generating well-paying jobs in:
*construction and operation of the plant and
*collection and transportation of biomass material.
Biomass energy plants support local industry and businesses and encourage new investment in rural communities.
*Biomass energy facilities can help stabilize the local timber and forestry industry by providing stable demand for biomass material, which allows loggers, harvesters, processors and transporters to make capital investments.
*Biomass facilities also increase the local tax base without requiring substantial services from the local community.
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.
The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. At Phoenix Energy they are deeply committed to their customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing their wood waste gasification systems their customers help to:
o Reduce greenhouse gas emissions.
o Reduce the amount of toxic pollutants in the atmosphere.
o Save landfill space from taking up more of their landscape and Reduce groundwater
Contaminants.
o Improve energy security and reduce dependence on foreign sources of energy.
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 Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
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Avid Technology Inc. (Nasdaq:AVID) announced the release of Sibelius 7, the newest version of the company's flagship musical notation software. Combining a deep, sophisticated feature set with an all new task-oriented user interface -- putting all of the software's features at the user's fingertips -- Sibelius® 7 enhances music writing through intuitive and flexible workflows and improved tools for increased collaboration. Complete with a newly recorded professional-quality sampled sound library, native 64-bit performance, full MusicXML interchange support, and advanced typography and graphics features, Sibelius 7 is more powerful and versatile than ever before.
Avid Technology, Inc. provides digital media content-creation products and solutions for film, video, audio, and broadcast professionals, as well as artists and home enthusiasts.
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II-VI Inc. (Nasdaq:IIVI) announced that it intends to release its fiscal 2011 fourth quarter and year-end results for the period ended June 30, 2011 on Tuesday, August 2, 2011 before the market opens and will post these results on the Company's web site at www.ii-vi.com. In conjunction with this release and to review the Company's financial results, market trends and future outlook, the Company will host a conference call that will be broadcast live over the Internet that same day. Individuals wishing to participate in the webcast, to be held at 9:00 a.m. Eastern Time on Tuesday, August 2, 2011, can access the event at the Company's web site by visiting www.ii-vi.com or via http://tinyurl.com/3kvvyjs. An online archive of the broadcast will be available within four hours of the live call, will remain available for two weeks and can be accessed through the Company's website.
II-VI Incorporated develops, manufactures, and markets high-technology materials and derivative precision components and products worldwide.
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(BABY, ORIT, CLNO, AVID, IIVI) Stock under Consideration by DrStockPick.com
August 1st, 2011 at 12:42 pm