Nuec, Joyg, Arci Stock Updates From Pennytobuck.com
NuEarth Corporation(Pink Sheets:NUEC) a manufacturer and marketer of Clean & Green
products and technology, reported that NUECs Laboratory and Research Division TerraSolv SA has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A (LIA) of Italy.
The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv. These projects are valued currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010. However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle.
The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.
Joy Global Inc. (NASDAQ: JOYG), a worldwide leader in high-productivity mining solutions, recently reported third quarter fiscal year 2010 results. New orders increased 51 percent as compared to the third quarter of 2009. Net sales for the quarter were $850 million compared to $956 million in the third quarter of last year. Operating income was $172 million, or 20 percent of net sales, in the current quarter versus $195 million, or 20 percent of net sales, in the prior year. Net income in the current quarter was $119 million, or $1.13 per fully diluted share, compared to $124 million, or $1.21 per fully diluted share, in the prior year third quarter.
Third Quarter Operating Results
New orders in the third quarter of $973 million were 51 percent higher than orders of $644 million received in the third quarter of 2009. Current quarter original equipment orders more than doubled, while aftermarket orders increased 20 percent over the prior year third quarter.
JOYG believes they are well positioned to have a strong finish to this year, and our cost control and process efficiency efforts are continuing to gain momentum. Our fourth quarter shipments are in production, and we now expect to end our fiscal 2010 with revenues between $3.35 and $3.4 billion, which narrows the guidance to the upper end of the prior range of $3.3 to $3.4 billion. We expect profitability on those revenues to be better than previously guided, and now expect our earnings per fully diluted share for fiscal 2010 to be between $4.10 and $4.15, up from our prior guidance of $3.85 to $4.00.
About Joy Global Inc.
Joy Global Inc. is a worldwide leader in manufacturing, servicing and distributing equipment for surface mining through P&H Mining Equipment and underground mining through Joy Mining Machinery.
Appliance Recycling Centers of America, Inc. (Nasdaq:ARCI) is one of the nations largest recyclers of major household appliances for the energy conservation programs of electric utilities, currently provides services for 150 utility programs in the U.S. and Canada. Toxic chemicals and environmentally harmful materials such as ozone-depleting refrigerants, PCBs, mercury and oil are carefully recovered in the decommissioning process for destruction or disposal, preventing them from contaminating soil, air and water resources. The company is also the exclusive North American distributor for UNTHA Recycling Technology (URT), a materials recovery system for household refrigeration appliances.
Appliance Recycling Centers of America, Inc. (Nasdaq:ARCI - News) today announced that AmerenUE (UE) has selected the Company to be the provider of turnkey services for the utilitys Appliance Recycling Program. ARCA will provide refrigerator and freezer recycling services for the Missouri utilitys residential electric customers. The program began on August 2, 2010 and will run through September 30, 2011.
Through this program, participating UE utility customers who turn in operating but energy inefficient refrigerators and freezers manufactured prior to 2002 will be eligible for a $35.00 rebate check for each qualifying appliance, with a maximum of three appliances per year. ARCA will perform the in-home collection of qualifying refrigerators and freezers and recycle the units according to The Environmental Protection Agency (EPA) guidelines. Together, UE and ARCA will prevent more than 95% of the recyclable materials in old refrigerators and freezers from entering the waste stream.
For FREE Daily Stock Alerts & Updates Signup At: http://pennytobuck.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PennyToBuck.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer ( http://pennytobuck.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold P
by: Bill Pennyman
Rising Organic And Natural Can It Be The Alkaline Booster That All Of Us Have To Have? Stock Update On Mslp, Emr, And Kft From Pennytobuck.com Cousins of BPO: KPO and LPO! Evca, Eqlb And Uwn Stock Updates From Pennytobuck.com Stock Update On Cbis And Nuec: Keep An Eye Out For Thursday - Pennytobuck.com Stock Updates On Crwe, Orfg, Gmxr And Cyn From Pennytobuck.com Discover Details About A Settlement Funding Immune System - Some Theories And The Truth What Is Brainwave Entrainment And What's For The Dos And Donts Of Curing Hermit Crabs Mites How To Maintain Fascia And Soffit Boards? Latest Mobile Phones: The Multimedia Gadgets with Beneficial Deals Embroidered Stocking Caps Are Favorite By People Of Any Ages