Limited Brands, Inc. (NYSE:LTD) reported a comparable store sales increase of 7 percent for the five weeks ended Dec. 31, 2011 , compared to the five weeks ended Jan. 1 , 2011. The company reported net sales of $1.868 billion for the five weeks ended Dec. 31, 2011, compared to net sales of $1.790 billion last year. Total sales for the month were negatively impacted by the sale of their third party apparel sourcing business in the beginning of November 2011.
Limited Brands, Inc. operates as a retailer of women’s intimate and other apparel, beauty and personal care products, and accessories in the United States and Canada.
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Biomass is plant or animal matter. Using biomass (or fuels or wastes derived from biomass) as a source of energy entails burning it to yield heat that can then drive engines or generate electricity. The energy in biomass is chemical in nature; it does not suffer from the problem of intermittence that is inherent to wind and solar resources. In this respect, biomass more nearly resembles fossil fuels than it does other renewables. Indeed, geologists tell us that fossil fuels are simply fossilized biomass.
Cleantech Transit Inc. (”Cleantech”) (OTC.BB:CLNO) is focusing its efforts on building a portfolio of environmentally friendly green assets. Their goal is to create a self-sustaining environment where they can produce and sell clean electricity for domestic use. In addition Cleantech will expand its focus to other areas of sustainable energies including renewable resources such as Geothermal, Solar and Wind. Cleantech Transit’s goal is to use innovative technologies to reduce electricity consumption and dependence on carbon based energy.
Cleantech Transit, Inc. 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.
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Ametek Inc. (NYSE:AME) will issue its fourth quarter 2011 earnings release before the market opens on Thursday, January 26, 2012. AMETEK also will webcast its fourth quarter 2011 investor conference call on Thursday, January 26, 2012 , beginning at 8:30 AM Eastern Time . The live audio webcast of the conference call will be available at www.ametek.com and at www.streetevents.com.
AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in North America, Europe, Asia, and South America.
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Helios Total Return Fund, Inc. (NYSE:HTR) announced that their Board of Directors declared their monthly dividends. Helios Total Return Fund, Inc. declared a monthly dividend of $0.0475 per share, payable on January 26, 2012 to stockholders of record on January 19, 2012. The ex-dividend date is January 17, 2012. Based on the NYSE closing price of $5.75 on January 5, 2012, the Fund’s annualized dividend yield was 9.91%.
Helios Total Return Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc. The fund invests in the fixed income markets of the United States.
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