American Express Company (NYSE:AXP) announced that Josh Silverman will join American Express in early July as President of the U.S. Consumer Services business, the unit that provides the company’s consumer cards and travel services in the U.S. Silverman was most recently Executive in Residence at venture capital firm Greylock Ventures, whose portfolio includes Facebook, Pandora, Groupon, Linked In, One King’s Lane and Zipcar. Until mid 2010, he served as the CEO of Skype where he led the company’s revitalization as it prepared its spin-off from eBay, launched award-winning products and repositioned the brand around video-based internet calling.
American Express Company provides charge and credit payment card products, and travel-related services worldwide.
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American Video Teleconferencing Corp. (AVOT)
American Video Teleconferencing Corp. believes the rare earths industry is where it wants to maintain a very strong focus and is looking to expand its holdings. American Video Teleconferencing Corp. is normally known for its business and efforts of exploration in Rare Earth Elements. According to the Company, it will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects in its future strategies.
Rare earth minerals are needed in the production of a wide range of technological applications due to their unique features. Among other things, the use of some of these metals allows for much lower power consumption when producing mobile phones. They also allow further miniaturization in chip technology.
American Video Teleconferencing Corp. announced that Wayne Lockhart, BSc. Geology, has joined the company as special geological advisor to American Video Teleconferencing Corp. for advancing the company’s exploration programs on its newly acquired rare earth property in Quebec.
Mr. Lockhart has over 35 years experience in the mining business having worked for Falconbridge and Phelps Dodge in eastern Canada, Anglo American Corp. (DeBeers) in Africa and Benguet Cons. in the Philippines. Mr. Lockhart in addition to being a lecturer at the University of New Brunswick in Geology has developed programs for the United Nations (UNDP).
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Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. is pleased to provide additional details after achieving success on the 500 KW facility and successfully moving past the interconnection testing stage.
Coming on the recent success at the 500KW facility in Merced, California this poises Phoenix Energy to become a leading developer of renewable biomass distributed generation plants that utilize local resources for local energy.
Currently there are two additional projects being pre-certified by Phoenix Energy in California. The projects are each projected to be 1 MW biomass gasification facilities that will provide both electricity and process heat energy. Each facility will provide enough electricity to power approximately 800 homes as well as process heat to be used in drying agricultural products. The projects are expected to complete by the end of 2012.
Cleantech will be providing details on the expecting closing date of its initial investment into Phoenix Energy in the coming weeks.
Biomass energy is derived from various sources which help in generating sufficient energy for use. The various source of generating energy from biomass are wood, waste, alcohol, garbage, landfill gases. Wood is either taken from trees or from the waste of industrial processes. The waste material of industry like paper making is really helpful in providing pulping liquor. The second major source of deriving biomass energy is from the solid waste.
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that can maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy has to offer.
For more details about Cleantech Transit Inc. visit their website: www.cleantechtransitinc.com
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RealD Inc. (NYSE:RLD) announced that Michael V. Lewis, the Company’s Chairman and Chief Executive Officer, and Drew Skarupa, Chief Financial Officer, will present at the William Blair & Company’s 31st Annual Growth Stock Conference on Wednesday, June 15, 2011 at 12:40 pm CDT. The event is being held at the Four Seasons Hotel in Chicago, Illinois. The presentation will be webcast live on the Internet, and can be accessed by visiting the Investor Relations section of the Company’s website at www.reald.com.
RealD Inc. licenses stereoscopic three-dimensional or 3D technologies internationally. The company licenses its RealD Cinema Systems to motion picture exhibitors that show 3D motion pictures and alternative 3D content.
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Target Corporation (NYSE:TGT) has declared a quarterly dividend of 30 cents per common share. The dividend is payable September 10, 2011 to shareholders of record at the close of business August 18, 2011. The 3rd quarter dividend will be the company’s 176th consecutive dividend paid since October 1967 when the company became publicly held.
Target Corporation operates general merchandise stores in the United States. The company offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; hardlines consisting of electronics, video game hardware and software, music, movies, books, computer software, sporting goods, and toys.
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