Nordstrom Inc (NYSE:JWN) reported a 10.7 percent increase in same-store sales for the five-week period ended October 1, 2011 compared with the five-week period ended October 2, 2010. Preliminary total retail sales of $943 million for September 2011 increased 16.3 percent compared with total retail sales of $810 million for the same period in fiscal 2010.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise.
Cleantech Transit, Inc. (CLNO)
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. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company’s manufacturing clients worldwide.
Traditional biomass use includes wood and charcoal for fuel. Modern biomass use is concerned with finding substitutes for fossil fuels. Agricultural crops, such as sugar cane, corn, sunflower seeds and soy beans, can be grown for use as energy sources called biofuels, which can be used in motor vehicles. These plants are used to make ethanol (an alcohol) in the same way that ethanol is made for alcoholic drinks. The plants are crushed and mixed with yeast, which converts starches to ethanol. This is done commercially in Brazil, the USA and Europe and experimentally in Australia. So far, biofuels have not proved economical in Australia. In the USA, corn (maize) is used to make ethanol and then blended with gasoline to produce ‘gasohol’ to run cars. Some engine modifications are required to use this petrol substitute.
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.
For more information about Cleantech Transit, Inc. visit its website www.cleantechtransitinc.com
MedcoHealth Solutions Inc. (NYSE:MHS) announced that its Medco Therapeutic Resource Centers� (TRCs) won the Silver Award for Best Practices in Health Care Consumer Empowerment and Protection from URAC, the nation’s leading healthcare accreditation organization, during the URAC 12th Annual Quality Summit in Chicago.
Medco Health Solutions, Inc., a healthcare company, provides clinically-driven pharmacy services for private and public employers, health plans, labor unions, government agencies, and individuals primarily in the United States.
Cooper Industries plc (NYSE:CBE) announced it will report financial results for the third quarter of 2011 on Thursday, October 20, 2011, prior to the opening of trading on the New York Stock Exchange. Copies of the Company’s press release will be available on the Company’s website, www.cooperindustries.com.
Cooper Industries plc manufactures and sells electrical products in the United States and internationally. It operates in two segments, Energy and Safety Solutions, and Electrical Products Group.
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