Stock Reported On Wynn, Hygs And Nuec From Pennytobuck.com
NuEarth Corporation (NUEC.PK), a manufacturer and marketer of Clean & Green products and technology
, reports that the companys 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.
Hydrogenics Corporation (Nasdaq:HYGS), a leading developer and manufacturer of hydrogen generation and fuel cell products, has closed the first tranche of common shares issued pursuant to its strategic alliance with CommScope, Inc. which was previously announced on August 9, 2010.
The first tranche consisted of 879,393 common shares for an aggregate purchase price of US$3,237,046 (US$3.68per share).
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Hydrogenics Corporation is a globally recognized developer and provider of hydrogen generation and fuel cell products and services, serving the growing industrial and clean energy markets of today and tomorrow. Based in Mississauga, Ontario, Canada, Hydrogenics has operations in North America and Europe.
Wynn Resorts, Limited (NASDAQ:WYNN) recently reported financial results for the second quarter ended June 30, 2010.
Net revenues for the second quarter of 2010 were $1.0 billion, compared to $723.3 million in the second quarter of 2009, driven by a 74.1% increase in net revenues at Wynn Macau. Adjusted property EBITDA increased 46.0% to $281.4 million for the second quarter of 2010, compared to $192.7 million in the 2009 comparable period.
On a US GAAP basis, net income attributable to Wynn Resorts for the second quarter of 2010 was $52.4 million, or $0.42 per diluted share, compared to a net income attributable to Wynn Resorts of $25.5 million, or $0.21 per diluted share in the second quarter of 2009. Adjusted net income in the second quarter of 2010 was $64.9 million, or $0.52 per diluted share compared to an adjusted net income of $11.5 million, or $0.09 per diluted share in the second quarter of 2009.
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by: Bill Pennyman
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