Crown Crafts Inc. (Nasdaq:CRWS) will present at the Midwest IDEAS Investor Conference on Wednesday, August 31, 2011, at the University of Chicago’s Gleacher Center in Chicago, Illinois. Management is scheduled to present at 8:00 a.m. CDT (9:00 a.m. EDT). The presentation will be webcast live and may be accessed at the conference website, www.midwestideas.com, or in the investor relations section of the company’s website, www.crowncrafts.com.
Crown Crafts, Inc., through its subsidiaries, offers infant and toddler products primarily in the United States. Its products include crib and toddler bedding, blankets, nursery accessories, room d�cor, burp cloths, bathing accessories, disposable placemats, toilet seat covers and changing mats, and other soft goods, as well as disposable and reusable bibs, and floor mats.
Hawthorn Bancshares, Inc (Nasdaq:HWBK) reported consolidated financial results for the Company for the second quarter ended June 30, 2011. Net income for the quarter was $1.4 million, compared to $0.8 million for the second quarter of 2010. Hawthorn earned $0.19 per diluted common share for the three months ended June 30, 2011, versus $0.06 for the second quarter of 2010 after deducting accrued dividends and accretion of $0.5 million on preferred stock issued to the U.S. Treasury under the Capital Purchase Program.
Hawthorn Bancshares, Inc. operates as the holding company of Union State Bancshares, Inc., which provides general banking and trust products and services.
China Housing and Land Development, Inc. (Nasdaq:CHLN) announced its financial results for the quarter ended June 30, 2011.Total revenue in the second quarter of 2011 decreased 10.2% to $20.3 million from $22.6 million in the first quarter of 2011 and decreased 44.7% from $36.6 million in the second quarter of 2010. Total gross floor area (”GFA”) sales were 12,769 sq. meters during the second quarter of 2011, compared to 28,438 sq. meters in the first quarter of 2011 and 46,459 sq. meters in the second quarter of 2010.
China Housing & Land Development, Inc., through its subsidiaries, engages in the acquisition, development, management, and sale of commercial and residential real estate properties primarily in the People’s Republic of China.
Cleantech Transit, Inc. (CLNO)
Biomass energy is renewable source of energy that is found in plants. Plants take energy from the sun in the process of photosynthesis and use it to produce and grow biomass. Biomass is a known product or material that is found in most living things. It can be animal material, bacteria, or plant materials. The oldest example that we have of biomass energy today is wood, which we can burn to produce heat and to create steam which therefore, produces energy. To obtain a large amount of biomass energy, these plants such as wood are burned in internal combustion engines or broilers and this releases the energy that the plant holds.
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
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