Bitauto Holdings Limited (NYSE:BITA) will report its unaudited financial results for the third quarter ended September 30, 2011, before the U.S. market opens on Thursday, November 10, 2011. Bitauto’s management will hold an earnings conference call at 8 AM on November 10, 2011 U.S. Eastern Time (9 PM on November 10, 2011 Beijing/Hong Kong time).
Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry primarily in the People’s Republic of China.
Rite Aid Corp. (NYSE:RAD) announced sales results for October. For the four weeks ended October 22, 2011, same store sales increased 2.9 percent over the prior-year period. October front-end same store sales increased 1.3 percent. Pharmacy same store sales, which included an approximate 160 basis points negative impact from new generic introductions, increased 3.6 percent. Prescription count at comparable stores increased 1.3 percent over the prior-year period.
Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The company’s drugstores primarily offer pharmacy services.
Cleantech Transit, Inc. (CLNO)
Biomass sources include all the waste materials which are organic or partially organic. Most common sources used in producing biomass energy are, garbage, wood, waste, landfill gasses and alcohol fuels. These are the basic materials to produce energy, so the idea behind it is that everything is recyclable, provided it is organic. Wood energy is derived from both the direct use of wood as a fuel and waste wood, such as wood chips. The largest biomass resources are of the energy derived from wood.
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.
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
Hatteras Financial Corp (NYSE:HTS) announced financial results for the quarter ended September 30, 2011. Net income of $1.04 per weighted average share. Declared a $1.00 per share dividend. Quarter end book value of $26.32 per share. Net return on average equity of 15.5%. Average net interest spread of 1.64%. Annualized total expense ratio of 0.90% of average shareholders’ equity.
Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT).