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TuesdaySep 06, 2011 10:51 am

LianDi Clean Technology, Inc. (LNDT) Subsidiary Gets $22 Investment from Chinese Private Equity Firms

LianDi Clean Technology Inc. is a leading provider of clean technology, downstream flow equipment, engineering services and software to China's largest petroleum and petrochemical companies. The company has four operating subsidiaries: Petrochemical Engineering Ltd., Bright Flow Control Ltd., Beijing JianXin Petrochemical Engineering Ltd., and Hua Shen Trading International Ltd. The company announced today that it had received a $22 million investment through its Anhui Jucheng subsidiary. Shanghai Chengding Investment and Shanghai Aoying Investment with four other mainland Chinese investment funds acquired a 23.3% interest in Liandi's subsidiary, giving Anhui Jucheng a valuation of $95 million. The entire proceeds from the…

TuesdaySep 06, 2011 10:47 am

HWI Global, Inc. (HWIC) is “One to Watch”

Headquartered in Pittsburg, Pennsylvania, HWI Global, Inc. is a leader in clean-room design engineering and construction. The Company services clients in the Life Science, Health Science, Nanotechnology, Microelectronics, and Aerospace industries. HWI Global and their network of subject matter experts (SME) (from leading architects, engineers, facilities planners, and specialized installers) effectively design and construct the most state-of-the-art clean environments in a "turnkey" fashion. HWI Global, Inc. has developed a volume of products and services that assist their clients in reducing the risk of contamination by designing environments that create the ideal state for sterile production -exposed surface materials and finishes…

TuesdaySep 06, 2011 9:14 am

Newport Digital Technologies, Inc. (NPDT) Announces Partnership with Convergent Holdings; Leverages Expertise for PetCo Park Project and Retail In-Store Digital Signage Networks

Today before the opening bell, Newport Digital Technologies, Inc. announced that it has entered into a strategic business agreement with Convergent Holdings, Inc., a technology focused company specialized in wireless, interactive digital signage solutions, to advance the company’s projects with the San Diego Padres PetCo Park as well as the deployment of retail in-store digital signage networks currently under development. Convergent founder and CEO, Brooks Pickering, has agreed to join Newport Digital as an advisor to provide added design and deployment experience of the most advanced solutions for NPDT's clients. Recently, Mr. Pickering was the advisor to Deutsche Bank for…

TuesdaySep 06, 2011 8:20 am

Canadian Solar, Inc. (CSIQ) Produces 70 MW of Modules for Germany’s Largest Solar Plant

Canadian Solar, Inc. announced that is has supplied photovoltaic solar modules capable of generating an output of 70 MW to Germany's largest solar power plant, constructed by GP JOULE. Financing partners for the project were HSH Nordbank, Unlimited Energy and Luxcara. Canadian Solar is a solar products company that produces ingots, wafers, solar cells, solar modules and other solar applications. Operating in North America, Europe and Asia, the company manufactures solar equipment for both on-grid and off-grid use. GP JOULE (“GP”) is a German designer and fabricator of green energy solutions, including solar, wind and biomass. GP also offers management…

TuesdaySep 06, 2011 8:17 am

National Technical Systems (NTSC) Lands Strategic Acquisition of Lightning Technologies for $6M

National Technical Systems Inc. (“NTS”), a leading provider of testing and engineering services, recently announced its acquisition of Lightning Technologies Inc. (LTI) as part of its growth strategy to become a larger, more diverse and more comprehensive provider of testing and engineering services. Under the agreement, NTS will acquire LTI for $6 million in cash in addition to an earn-out of up to an additional $1 million based on performance targets within the first 48 months after the acquisition. NTS president and CEO William C. McGinnis said the acquisition positions NTS as an enhanced comprehensive testing and engineering services company…

TuesdaySep 06, 2011 8:00 am

Sam Eisenstadt Offers Powerful Projection: Dow Could Reach 13,600 in Near Future

Even as the S&P 500 was making a significant decline Friday after a report showed American employers added no jobs in August, a valued economic forecaster was bullish on Wall Street. Sam Eisenstadt, who served as the former research director at Value Line for 63 years, forecast that the stock market will see an 18 percent return over the next six months - with the Dow Jones Industrial Average hitting 13,600 by next February and the S&P 500 Index reaching over 1,400. As recently reported by Mark Hulbert, the retired Eisenstadt uses a complex economic model to forecast the market…

FridaySep 02, 2011 2:30 pm

TAG Oil Ltd. (TAOIF) Signs Farm Out Agreement on New Zealand Properties

TAG Oil Ltd. announced the signing of a farm out agreement with Apache Corporation (APA) on the company’s oil and gas properties in New Zealand. The company believes that this agreement is the best method to accelerate the exploration and development of these assets. TAG Oil Ltd. said that Apache Corporation has agreed to conduct an appraisal, exploration and development program on various areas of the company’s East Coast Basin properties. The company currently has more than one million acres of prospective properties in this basin. The farm out agreement will cover exploration permits PEP 38348, 38349 and 50940, and…

FridaySep 02, 2011 1:08 pm

UQM Technologies, Inc. (UQM) CFO to Present at Wedbush Clean Technology & Industrial Growth Conference

UQM Technologies, Inc. announced today that its Treasurer and CFO, Donald A. French, will present at the Wedbush Clean Technology & Industrial Growth Conference on September 14, 2011 at the Westin San Francisco Market Street Hotel. Other presenters at the conference include growing, innovative companies in the alternative energy, clean technology and industrial sectors providing assessments of the business landscape. The Wedbush Clean Technology & Industrial Growth Conference brings together institutional clients and management executives from leading global companies within the clean technology and industrial sectors. The conference provides a platform for investors to connect with management teams from prominent…

FridaySep 02, 2011 1:05 pm

Going Private: Clark Holdings, Inc. (GLA) to Merge with Gores Group Affiliate

Clark Holdings, Inc. announced yesterday after the closing bell that under a definitive merger agreement it will merge with an affiliate of The Gores Group, LLC. Under the terms of the agreement, Gores will get all of Clark’s outstanding equity. Holders of Clark stock will get $0.46 in cash per share. Clark closed Wednesday at $0.17 with no trades taking place on Thursday. Shares gapped towards the deal price this morning and are up 152.94% to $0.43 midway through Friday’s trading day. Clark is a non-asset-based provider of logistical services to the print media industry and other supply chain management…

FridaySep 02, 2011 12:55 pm

Emmis Communications Corp. (EMMS) Unloads 3 Stations to Merlin for $120 Million

Emmis Communications Corp. announced after Thursday’s close that it has finalized the sale of three radio broadcast stations to Merlin Media, LLC. Emmis also sold a controlling interest in Merlin Media to private equity firm GTCR of Chicago and Randy Michaels. Stations subject to the transaction were WKQX-FM and WLUP-FM, both of Chicago, and WRXP-FM of New York. Emmis got about $120 million in cash from the sale, net of transaction expenses, and still owns $28.7 million of preferred equity plus 20.6% of the common equity interests in Merlin Media. Emmis used the cash to repay roughly 38% of its…

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