Pennytobuck's Personal Finance Blog

WSFS Financial Corporation (Nasdaq:WSFS) the parent company of WSFS Bank, announced that John L. Olsen has joined the management team as Senior Vice President and General Counsel. Mr. Olsen comes to WSFS with over 25 years of financial and legal industry experience in Delaware and Pennsylvania. A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=10177.

WSFS Financial Corporation operates as the thrift holding company for the Wilmington Savings Fund Society, FSB, which provides various financial services primarily in the mid-Atlantic region of the United States.

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Willis Lease Finance Corporation (Nasdaq:WLFC) announced that its board of directors has declared the regular monthly cash dividend for its 9% Series A, Cumulative Redeemable Preferred Stock (Nasdaq:WLFCP - News) of $0.075 per share. The preferred dividend will be paid on September 15, 2011 to shareholders of record as of September 6, 2011. Dividend checks will be mailed to shareholders who hold physical certificates. Shareholders who hold their preferred shares in a brokerage account will have the dividend paid directly into that account. Questions regarding dividend checks should be directed to the brokerage firm holding the securities or to American Stock Transfer & Trust at 800-937-5449.

Read more at: http://pennytobuck.com/?p=16733

Willis Lease Finance Corporation (Nasdaq:WLFC) announced that its board of directors has declared the regular monthly cash dividend for its 9% Series A, Cumulative Redeemable Preferred Stock (Nasdaq:WLFCP - News) of $0.075 per share. The preferred dividend will be paid on September 15, 2011 to shareholders of record as of September 6, 2011. Dividend checks will be mailed to shareholders who hold physical certificates. Shareholders who hold their preferred shares in a brokerage account will have the dividend paid directly into that account. Questions regarding dividend checks should be directed to the brokerage firm holding the securities or to American Stock Transfer & Trust at 800-937-5449.

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Waste Management, Inc. (NYSE:WM) announced the declaration of a quarterly cash dividend of $0.34 per share payable September 23, 2011 to stockholders of record on September 6, 2011. Waste Management, Inc., based in Houston, Texas, is the leading provider of comprehensive waste management services in North America. Through its subsidiaries, the company provides collection, transfer, recycling and resource recovery, and disposal services.

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CVS Caremark Corporation (NYSE:CVS) announced that its board of directors has approved a new share repurchase program for up to $4.0 billion of the company's outstanding common stock. The share repurchase authorization, which is effective immediately, permits the company to effect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions.

CVS Caremark Corporation operates as a pharmacy services company in the United States.

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Parker Hannifin Corporation (NYSE:PH) has declared a regular quarterly cash dividend of 37 cents per share of common stock to shareholders of record as of August 29, 2011. The dividend is payable September 9, 2011. This is the company's 245th consecutive quarterly dividend and results in a total distribution to shareholders of approximately $57 million. Parker has increased its annual dividends paid to shareholders for 55 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 Index.

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Knoll, Inc. (NYSE:KNL) declared a quarterly cash dividend of $0.10 per share payable September 30, 2011 to all shareholders of record on September 15, 2011. Knoll is the recipient of the 2011 National Design Award for Corporate and Institutional Achievement from the Smithsonian's Copper-Hewitt, National Design Museum. Since 1938, Knoll has been recognized internationally for creating workplace and residential furnishings that inspire, evolve and endure. Our commitment to modern design, our understanding of the workplace and our dedication to sustainable design have yielded a unique portfolio of products that respond and adapt to changing needs.

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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. originally 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.

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Williams-Sonoma, Inc. (NYSE:WSM) announced operating results for the second quarter of fiscal 2011 ended July 31, 2011 ("Q2 11"). Net revenues in Q2 11 increased 5.1% to $815 million versus $776 million in Q2 10. Comparable brand revenue in Q2 11 increased 6.5%.

Williams-Sonoma, Inc. operates as a specialty retailer of home products. It offers culinary and serving equipment, including cookware, cookbooks, cutlery, informal dinnerware, glassware, table linens, specialty foods, and cooking ingredients; and bridal and gift items under the Williams-Sonoma brand name.

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Concord Medical Services Holdings Limited (NYSE:CCM) announced its participation in the following investor conferences in September 2011. Concord Medical is scheduled to present on September 12 at 2:00 p.m. EDT at the Rodman & Renshaw Annual Global Investment Conference to be held at the Waldorf=Astoria hotel in New York, NY. Concord Medical is scheduled to present on September 14, 2011 at 1:00 p.m. EDT at the Morgan Stanley Global Healthcare Conference at the Grand Hyatt hotel in New York, NY.

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Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

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Gushan Environmental Energy Limited (NYSE:GU) announced its unaudited consolidated financial results for the second quarter of 2011. As of November 12, 2010, the ratio for Gushan's ADSs representing ordinary shares has changed from one ADS representing two ordinary shares to one ADS representing ten ordinary shares. Gushan presents all per ADS data and number of ADSs in this announcement as if the ratio change was effective as of the beginning of the earliest period presented.

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Cleantech Transit Inc. (CLNO)

Using biomass for fuel is not a new idea. Gasification of biomass involves several factors, many of which focus on extracting volatile components of the biomass, including water, to power generators. Small quantities (less than 15 percent) of biomass residues (wood pulps and other wastes, agricultural and forestry slash, and other excesses of resource utilization) are combined with coal, combusting the two to produce electricity.

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ADTRAN, Inc., (NASDAQ:ADTN) announced that Matanuska Telephone Association, a leading provider of communications services for south-central Alaska, has selected ADTRAN's extensive portfolio of broadband solutions for voice, high-speed data, IPTV and Carrier Ethernet services throughout its coverage region. ADTRAN's Total Access® 5000 next-generation access and transport platform offers unmatched flexibility. With this solution, service providers can now offer new, next-generation triple-play services while addressing a variety of existing customer needs from a common solution.

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HiSoft Technology International Limited, (NASDAQ:HSFT) announced that members of its management team will present at the 2011 Citi Technology Conference to be held at the Hilton New York Hotel in New York City on September 8, 2011. Presentation Slot: 10:45 a.m., Thursday, September 8, 2011. Venue: Beekman Parlor, The Hilton New York Hotel.

HiSoft Technology International Limited provides outsourced information technology (IT) and research and development services in North America, Europe, and Asia.

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Majestic Gold Corp. (MJGCF)

Majestic Gold Corp. (MJGCF) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.

Read more at: http://pennytobuck.com/?p=16694

NetApp, Inc. (NASDAQ:NTAP) announced that Steve Gomo, executive vice president and chief financial officer, has made the decision to retire, effective December 31, 2011. Nicholas R. Noviello, senior vice president of finance and global controller, will succeed Gomo as CFO on January 1, 2012. The transition in leadership is the result of a planned management succession process. Gomo, 59, joined NetApp in 2002 and is responsible for the company's finance, workplace resources, and investor relations functions.

NetApp, Inc. provides enterprise storage and data management software and hardware products and services in the United States and internationally.

Read more at: http://pennytobuck.com/?p=16693

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

Read more at: http://pennytobuck.com/?p=16692

United Natural Foods, Inc., (Nasdaq:UNFI) announced that it intends to release its financial results for the fourth quarter of fiscal 2011, ended July 30, 2011, before the market opens on Thursday, September 8, 2011. Management will conduct a conference call and audio webcast at 10:00 a.m. ET on September 8, 2011 to review the Company's quarterly results, market trends and future outlook. The conference call dial-in number is 480-629-9692. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the internet at www.earnings.com.

Read more at: http://pennytobuck.com/?p=16691

ZipRealty, Inc. (NASDAQ:ZIPR) announced the introduction of a rich new feature set for its free mobile real estate application for Android OS devices. The new and improved ZipRealty for Android application is available for download now via the Google Android Market and the Amazon App Store for Android. The ZipRealty for Android application provides a reliable, high-quality, on-the-go mobile real estate search that allows users to sync up their home search wherever they are, and search for homes in over 5,000 cities and neighborhoods in the 23 major U.S. metro areas that ZipRealty serves.

Read more at: http://pennytobuck.com/?p=16690

Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. originally 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. (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.

Read more at: http://pennytobuck.com/?p=16689

Plantronics, Inc. (NYSE:PLT) announced that it entered into an Accelerated Share Repurchase agreement ("ASR agreement") with Goldman, Sachs & Co. ("Goldman") to repurchase an aggregate of $50 million of Plantronics' common stock under an accelerated share repurchase program ("ASR program"). "In connection with the 7 million share repurchase authorization announced on May 3, 2011, we continue to pursue an accelerated pace of repurchases by entering into a follow-on ASR agreement upon completion of our prior ASR program announced in May 2011," said Ken Kannappan, President & CEO.

Read more at: http://pennytobuck.com/?p=16680

Plantronics, Inc. (NYSE:PLT) announced that it entered into an Accelerated Share Repurchase agreement ("ASR agreement") with Goldman, Sachs & Co. ("Goldman") to repurchase an aggregate of $50 million of Plantronics' common stock under an accelerated share repurchase program ("ASR program"). "In connection with the 7 million share repurchase authorization announced on May 3, 2011, we continue to pursue an accelerated pace of repurchases by entering into a follow-on ASR agreement upon completion of our prior ASR program announced in May 2011," said Ken Kannappan, President & CEO.

Read more at: http://pennytobuck.com/?p=16680

Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Read more at: http://pennytobuck.com/?p=16679

Sysco Corporation (NYSE:SYY) announced financial results for its 13-week fourth quarter and 52-week fiscal year 2011 ended July 2, 2011. In fiscal 2010, the fourth quarter included 14 weeks and the year included 53 weeks. Record sales of $10.4 billion, were 0.7% higher compared to $10.3 billion in the fourth quarter of fiscal 2010. On a comparable 13-week basis, sales in the fourth quarter of fiscal 2011 increased 8.5%, as discussed "Non-GAAP Reconciliations."

Read more at: http://pennytobuck.com/?p=16678

AMN Healthcare Services, Inc. (NYSE:AHS) has announced it has earned the Credentials Verification Organization (CVO) Certification from the National Committee for Quality Assurance (NCQA). AMN also holds Joint Commission Certification. The NCQA certification provides healthcare organizations that utilize locum tenens providers, sourced through AMN Healthcare, an assurance that they are getting the highest quality candidates. This certification will be initially utilized to support the credentialing services of Staff Care, an AMN company.

AMN Healthcare Services, Inc. provides healthcare staffing and clinical workforce management solutions in the United States.

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Biomass gets its energy from the sun. Plants store the sun's energy in their leaves and roots. Then animals eat plants and other animals to move and grow. The energy of the sun is 'captured' through the process of photosynthesis in growing plants. Biomass energy is renewable, which means we can make more biomass in a short time. We can always grow more plants. Biomass can be used to make electricity. Many towns burn their garbage in waste-to-energy plants. Instead of putting the garbage in landfills, they burn it to make electricity. Biomass can be used to make an energy-rich gas called biogas. Biogas is like the natural gas we use in our stoves and furnaces.

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Emergent BioSolutions Inc. (NYSE:EBS) announced the initiation of a Phase 1b/2 study (16011) of TRU-016 in combination with rituximab and bendamustine for patients with relapsed indolent non-Hodgkin's B-cell lymphomas, including follicular lymphoma, small lymphocytic lymphoma and marginal zone lymphoma. TRU-016 is a CD37-directed Small Modular ImmunoPharmaceutical™ protein therapeutic in development for the treatment of B-cell malignancies. TRU-016 is being developed in collaboration with Abbott.

Emergent BioSolutions Inc., a biopharmaceutical company, focuses on the development, manufacture, and commercialization of vaccines and antibody therapeutics primarily in the United States, the United Kingdom, and Vietnam.

Read more at: http://pennytobuck.com/?p=16675

Acorn International, Inc. (NYSE:ATV) will release its financial results for the second quarter 2011 before the market opens on Wednesday, August 24, 2011. A copy of the earnings release will be available on the Company's website at http://ir.chinadrtv.com.The Company will host a conference call at 8:00 a.m. EDT on Wednesday, August 24, 2011 to review the Company's financial results and answer questions. You may access the live interactive call via.

Acorn International, Inc., an integrated multi-platform marketing company, operates TV direct sales businesses and a nationwide off-TV distribution network. Its TV direct sales platform consists of airtime purchased from national and local channels.

Read more at: http://pennytobuck.com/?p=16674

Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

Read more at : http://pennytobuck.com/?p=16673