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Home > (UEPS, MANT, CLNO, WOOF, WBCO) Stock Report from DrStockPick.com

(UEPS, MANT, CLNO, WOOF, WBCO) Stock Report from DrStockPick.com

August 3rd, 2011 at 12:54 pm






Net 1 Ueps Technologies Inc. (Nasdaq:UEPS) announced it will release fourth quarter and full year 2011 results after the market close on August 25, 2011. Net1 management will host a conference call to review these results on August 26, 2011 at 8:00 a.m. Eastern Time.To participate in the call, dial 1-800-860-2442 (U.S. only), 1-866-605-3852 (Canada only), 0-800-917-7042 (U.K. only) or 0-800-200-648 (South Africa only) ten minutes prior to the start of the call. Callers should request "Net1 call" upon dial-in. The call will also be webcast on the Net1 homepage, www.net1.com. Please click on the webcast link at least ten minutes prior to the call. A webcast of the call will be available for replay on the Net1 website through September 16, 2011.

Net 1 UEPS Technologies, Inc. provides universal electronic payment system (UEPS) as an alternative payment system for the unbanked and under-banked populations in South Africa.

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ManTech International Corporation (Nasdaq:MANT) announced financial results for the second quarter of 2011, which ended June 30, 2011. Summary Operating Results: Revenue for the quarter was $752.7 million, up 14 percent from $661.6 million in the second quarter of 2010. Organic growth was 8 percent for the quarter, driven primarily by command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) and systems engineering programs. Operating income for the quarter was $59.2 million (7.9 percent of revenue), up 5 percent from $56.5 million (8.5 percent of revenue) in the second quarter of 2010.Net income for the quarter was $36.4 million, up 13 percent from $32.2 million in the second quarter of 2010.

ManTech International Corporation provides technologies and solutions for national security programs in the United States and internationally.

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Cleantech Transit, Inc. (CLNO)

As with many other renewable energy sources, biomass is capable of simultaneously addressing the nation's energy, environmental, and economic needs. Increased use of biomass for energy would lead to reduced greenhouse gas emissions, reduced dependence on foreign oil, an improved U.S. balance of trade, an improved rural economy, and the creation of a major new American industry.

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.

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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VCA Antech Inc. (Nasdaq:WOOF) reported financial results for the second quarter ended June 30, 2011 as follows: revenue increased 6.3% to a second quarter record of $376.1 million, gross profit increased 3.6% to $96.8 million, adjusted operating income increased 4.7% to $70.1 million, adjusted net income increased 3.5% to $39.6 million, and adjusted diluted earnings per common share increased 2.3% to $0.45.

VCA Antech, Inc. operates as an animal healthcare company in the United States and Canada.

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Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, announced that the Board declared a regular cash dividend of $0.05 per common share, payable August 22nd to shareholders of record on August 8, 2011. This is the 53rd consecutive quarter that Washington Banking has paid a cash dividend to holders of common stock.

Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington.


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