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FTR, CLNO, HII, AET – Market News From DoubleInStocks.com!
By : The Editor , Sun, 04 Dec 2011

 

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Frontier Communications Corporation (NYSE:FTR) announced the voluntary transfer of its stock exchange listing from The New York Stock Exchange to The NASDAQ Global Select Market, an exchange of The NASDAQ OMX Group Inc. Frontier will continue to be listed under the symbol “FTR” and expects trading to commence on NASDAQ on December 16, 2011.

Frontier Communications Corporation offers voice, High-Speed Internet, satellite video, wireless Internet data access, data security solutions, bundled offerings, specialized bundles for small businesses and home offices, and advanced business communications for medium and large businesses in 27 states and with approximately 15,250 employees based entirely in the United States.

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Energy which is generated from natural resources like heat, sunlight, water or wind which are naturally replenished is called renewable energy. This renewable energy is derived from various natural processes in various forms, like electricity and heat from sun, wind, ocean, hydropower, biomass, geothermal resources and bio fuels. Solar energy can be used in various forms for heating, lighting and so on. Wind energy is used to run wind turbines. Water can be harnessed and used for the production of hydroelectricity. Bio diesel can be used as fuel in automobiles which lessen the production of harmful gases like carbon monoxide and hydrocarbons.

Cleantech Transit Inc. (”Cleantech”) (OTC.BB: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.

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.

In addition to producing significant volumes of greenhouse gases, conventional power generation using fossil fuels also emits a significant number of harmful pollutants that are either not present or insignificant in wood. For instance, Mercury is a highly poisonous substance that is emitted during the combustion of most fossil fuels. While power plants release an average of 0.02 kg of mercury per giga watt of electricity, wood fueled plants release 0. Sulfur dioxide (SO2) and nitrogen oxides (NOx) are also vastly lower in biomass power than in a coal power plant. More importantly, however, these naturally occurring pollutants would be released either way as wood decomposed. Using biomass generated power leaves coal and other fossil fuels and their toxic components in the ground!

To discover more about CLNO , please visit: http://www.cleantechtransitinc.com/

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Huntington Ingalls Industries Inc. (NYSE:HII) announced that the company’s Ingalls Shipbuilding division has been awarded an advance procurement contract for work on the U.S. Navy’s third Zumwalt-class destroyer, DDG 1002. The contract is valued at $46 million, with the majority of the work taking place at the company’s Composite Center of Excellence in Gulfport.

Huntington Ingalls Industries (HII) designs, builds and maintains nuclear and non-nuclear ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe.

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Aetna Inc. (NYSE:AET) announced that its Board of Directors increased the company’s quarterly cash dividend to $0.175 per share on the company’s common stock. The dividend is payable on January 27, 2012, to shareholders of record at the close of business on January 13, 2012.

Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.3 million people with information and resources to help them make better informed decisions about their health care.

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