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AEO, CLNO, BLT, ZEP Stock Market Update from Stock.PR.com

January 15 Jan 2012 | 09:51
 

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American Eagle Outfitters, Inc. (NYSE:AEO) recently announced the opening of stores in three new international markets—Morocco, Jordan and Egypt. The company also opened its third store in Saudi Arabia, and has plans for a second store in Lebanon in early 2012. The leading lifestyle brand, with a fleet of more than 1,000 stores worldwide, currently operates in Egypt, Jordan, Kuwait, Lebanon, Morocco, Saudi Arabia, and the UAE through its franchise partner, M.H. Alshaya, one of the most experienced retailers in the world.

American Eagle Outfitters, Inc. operates as an apparel and accessories retailer in the United States and Canada.

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http://pennyomega.com/img/clno.jpg

Cleantech Transit, Inc. (CLNO) Energy is such an essential requirement of our daily lives that we all have to take it seriously. Energy is needed to provide lighting, heating, air conditioning, cooking, transport and to power all the technologies in the family home or business premises. The benefits of renewable energy can make a real contribution in most of these areas of energy usage.

Perhaps the greatest benefit of such energy is the potential for it to provide clean sources of power generation that is also affordable for both home owners and businesses. Secondly, in the case of solar energy, the maintenance required is low as cleaning of the panels is low cost and relatively easy. Businesses benefit from a clean energy image that renewable presents through its ability to reduce pollution and have a positive effect on the environment. Home owners can benefit from such renewable energy concepts as solar powered lighting for walkways and solar covers on swimming pools.

Cleantech Transit 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. (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.

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Blount International Inc. (NYSE:BLT) recently announced that Chad E. Paulson has been elected as the Company’s Vice President, General Counsel and Secretary which became effective January 1 , 2012. Mr. Paulson replaces Richard H. Irving III who had previously announced his plans to retire from the Company effective December 31 , 2011.

Blount International, Inc., together with its subsidiaries, manufactures and markets equipment, accessories, and replacement parts to forestry, lawn and garden, farm, ranch, agriculture, and construction sectors in the United States and internationally.

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Zep, Inc. (NYSE:ZEP) recently announced that Carol A. Williams was elected to the Company’s Board of Directors at its Annual Meeting of Stockholders held on January 10, 2012. Ms. Williams, who was elected to the class of directors whose terms expire at the 2015 annual meeting, is the Executive Vice President of Manufacturing and Engineering of The Dow Chemical Company.

Zep Inc. produces and markets cleaning and maintenance chemicals, and related products and services for commercial, industrial, institutional and consumer applications.

 

 

 

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