Layout:
Home > (AF, YOKU, SFE, CLNO, NOR) Stocks in Review by CRWEPicks.com

(AF, YOKU, SFE, CLNO, NOR) Stocks in Review by CRWEPicks.com

July 28th, 2011 at 02:17 pm





Astoria Financial Corporation (NYSE:AF) the holding company for Astoria Federal Savings and Loan Association ("Astoria Federal"), reported net income of $16.8 million, or $0.18 diluted earnings per share ("diluted EPS"), for the quarter ended June 30, 2011, increases of 8% and 6%, respectively, over net income of $15.5 million, or $0.17 diluted EPS, for the quarter ended June 30, 2010. For the six months ended June 30, 2011, net income totaled $44.2 million, or $0.46 diluted EPS, increases of 55% and 53%, respectively, over net income of $28.5 million, or $0.30 diluted EPS, for the comparable 2010 period. Included in the 2010 second quarter and six month results are net charges totaling $3.2 million (or $2.1 million, or $0.02 per share, after-tax), which are not routine to our core operations. For further detail, see the "Reconciliation of GAAP Measures to Non-GAAP Measures" table included in this release.

Astoria Financial Corporation operates as the bank holding company for Astoria Federal Savings and Loan Association that provides various banking services in the United States.

*******************************************

Youku.com Inc. (NYSE:YOKU), China's leading internet television company, will report its second quarter 2011 unaudited financial results on Monday, August 8, 2011, after the close of the U.S. markets The earnings teleconference call with simultaneous webcast will take place at 9:00 p.m. Eastern Time on Monday, August 8, 2011 (Beijing/Hong Kong Time: 9:00 a.m., Tuesday, August 9, 2011). Youku's management will be on the call to discuss the quarterly results and answer questions.

Youku.com Inc. is China's leading Internet television company. Our Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices.

*******************************************

Safeguard Scientifics, Inc. (NYSE:SFE), a holding company that builds value in growth-stage life sciences and technology companies, announced results of operations for the second quarter of 2011. Consolidated net income in the second quarter of 2011 was $121.8 million, or $5.87 per share, compared with net income of $2.7 million, or $0.13 per share, in the second quarter of 2010. For the six months ended June 30, 2011, net income was $112.8 million, or $5.45 per share, versus a net loss of $19.1 million, or $0.93 per share, in the same period of 2010. The quarter's income was principally due to the sale of life sciences partner company, Advanced BioHealing.

Safeguard Scientifics, Inc. is a private equity and venture capital firm specializing in expansion financing, growth capital, management buyout, recapitalization, industry consolidation, corporate spinout, and early stage financing transactions.

*******************************************

Cleantech Transit, Inc. (CLNO)

Most scientists believe that a wide range of biomass resources are "beneficial" because their use will clearly reduce overall carbon emissions and provide other benefits. They're one of the most reliable alternative energy fuel sources is biomass energy-One worry many people have when switching to alternative energy sources is their perceived lack of reliability. Among other resources, beneficial biomass includes

o Energy crops that don't compete with food crops for land
o Portions of crop residues such as wheat straw or corn stover
o Sustainably-harvested wood and forest residues, and

Beneficial biomass use can be considered part of the terrestrial carbon cycle, the balanced cycling of carbon from the atmosphere into plants and then into soils and the atmosphere during plant decay. When biopower is developed properly, emissions of biomass carbon are taken up or recycled by subsequent plant growth within a relatively short time, resulting in low net carbon emissions.

Biomass power is close to a carbon-neutral electric power generation option - biomass absorbs carbon dioxide from the atmosphere during its growth and then emits an equal amount of carbon dioxide when it is processed to generate electricity. Thus, biomass fuels "recycle" atmospheric carbon, and may reduce global warming impacts.

Cleantech Transit, Inc. is in the business of producing and conserving power. Cleantech Transit produces and sells clean electricity globally, with a focus on sustainable energies using 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. was founded in 2006 and is based in Scottsdale, Arizona.

Cleantech Transit, Inc. is pleased to announce it has completed an agreement whereby it can earn a larger ownership percentage in the 500 KW bio mass Merced Project than previously announced.

Cleantech can now earn in up to 40% of the Merced Project up from the original 25% the Company announced. The 40% ownership stake will be based on the total cost incurred to the Project to date, in addition Cleantech can invest the in the Series B shares of Phoenix Energy equal to or greater to the direct investment made in 500 KW project.

For more information please visit official website of CLNO: http://www.cleantechtransit.com

*******************************************

Noranda Aluminum Holding Corporation (NYSE:NOR) reported results for second quarter and first six months of 2011. Noranda reported second quarter 2011 net income of $47.4 million ($0.69 per diluted share), compared to second quarter 2010 net income of $6.9 million ($0.14 per diluted share). Excluding special items, Noranda reported second quarter 2011 net income of $31.2 million ($0.46 per diluted share). Excluding special items, second quarter 2010 net income was $10.9 million ($0.22 per diluted share).

Noranda Aluminum Holding Corporation engages in the production and sale of primary aluminum products and rolled aluminum coils in the United States.


*******************************************
Sign-Up For Free Stock Alerts At http://crwepicks.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.The CRWEPicks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer (http://crwepicks.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 CRWEPicks.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. ( read more at http://crwepicks.com/disclaimer ) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings, Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings, Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings, Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings, Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received 1,000,000 shares of 144 restricted stocks from the company for 12 months of media advertisement and IR services and 4,000,000 shares of 144 restricted stocks from the company for management fee through end of June for Cleantech Transit, Inc. (CLNO.OB).

0 Responses to “(AF, YOKU, SFE, CLNO, NOR) Stocks in Review by CRWEPicks.com”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]