Targacept, Inc. (NASDAQ:TRGT), a clinical-stage biopharmaceutical company developing novel NNR Therapeutics(TM), announced that J. Donald deBethizy, Ph.D., President and Chief Executive Officer, is scheduled to present at the following conferences: The Deutsche Bank 2011 BioFEST at the Four Seasons Hotel Boston on Monday, December 5, 2011 at 2:50 p.m. Eastern Time; and The Oppenheimer & Co. 22nd Annual Healthcare Conference at The Waldorf=Astoria in New York City on Tuesday, December 13, 2011 at 2:05 p.m. Eastern Time.
Targacept, Inc., a biopharmaceutical company, engages in the design, discovery, and development of novel Neuronal Nicotinic Receptors (NNR) Therapeutics for the treatment of diseases and disorders of the nervous system.
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. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Biomass is part of the carbon cycle. Carbon from the atmosphere is converted into biological matter by photosynthesis. Biomass is a sustainable and potentially environmentally sound resource. Biomass is considered to be one of the key renewable resources of the future at both small- and large-scale levels. It already supplies 14 % of the world’s primary energy consumption. With increases in population and per capita demand, and depletion of fossil-fuel resources, the demand for biomass is expected to increase rapidly in developing countries. Growing biomass is a rural, labour-intensive activity, and can, therefore, create jobs in rural areas and help stem rural-to-urban migration. Extracting energy from biomass is an ancient practice, dating back to when people first burnt wood to provide heat and light.
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 CLNO, visit www.cleantechtransitinc.com
Compuware Corporation (Nasdaq:CPWR), the technology performance company, announced that it will host a financial analyst and investor day on December 8, 2011, in New York City. During the event, Compuware executives will detail the company’s business strategies and financial goals. Onsite registration for confirmed attendees begins at noon on December 8, with presentations and a live webcast to begin shortly thereafter. The webcast will be available at http://investor.compuware.com/events.cfm. A replay of the webcast will be available shortly after the completion of the event.
Compuware Corporation provides software and Web performance solutions, professional services, and application services in the United States, Europe, and Africa.
Gordmans Stores, Inc. (NASDAQ:GMAN), an Omaha-based apparel and home d�cor retailer, announced results for its third quarter (thirteen weeks) and nine month period (thirty-nine weeks) ended October 29, 2011. Net sales increased 6.5% to $131.6 million compared to $123.6 million in the third quarter of fiscal 2010. Gross profit margin increased 80 basis points over the third quarter of fiscal 2010 to 45.0%. Net sales increased 5.1% to $366.3 million compared to $348.6 million for the nine months ended October 30, 2010. Gross profit margin increased 70 basis points over the same nine month period last year to 45.8%.
Gordmans Stores, Inc. operates low price department stores under the Gordmans name in the United States.
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