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HEI, PFG, FSRV, GRHU - Market Report From DrStockPick.com!

GreenHouse Holdings, Inc. (OTCQB:GRHU) announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.

 
PRLog - Nov. 17, 2010 - GreenHouse Holdings, Inc. (OTCQB:GRHU), a San Diego, California-based integrated energy solutions provider and developer of eco-friendly infrastructure, announced the results of operations for the third quarter of Fiscal Year 2010 and is providing a shareholder update.

Management is pleased with our operational and financial growth," stated Chris Ursitti, CEO of GreenHouse Holdings. "Life Protection Inc. and the pending acquisition of Control Engineering, Inc. will provide the company with a strong foundation of growth while positioning us as a market leader within the energy efficiency and load reduction arena. In addition to expanding operations within the residential, commercial and governmental markets, we also anticipate expansion from our industrial clients as we deploy our Automated Demand Response products. We are confident that these developments will rapidly increase earnings, expand margins and allow us to achieve our ultimate goal of increased shareholder value."

Revenues for the three months ended September 30, 2010 were approximately $1,724,000 compared to approximately $1,671,000 for the three months ended September 30, 2009, an increase of approximately $53,000 or 3%. This increase was due to increased sales of our energy efficient products and services to residential customers as a result of our expansion of our sales and marketing infrastructure.

Mr. Ursitti continued, "Throughout the fiscal year, GreenHouse worked to diversify our clientele and forged strong industry relationships with well recognized global corporations. We believe these accomplishments were vital steps in positioning the company for both near term growth and long term sustainability. Going forward, we remain committed to expanding clean, cost saving energy solutions operations both domestically and internationally while also expanding market presence within our emerging governmental services division."

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FirstService Corporation (NASDAQ:FSRV), preferred shares — recently reported results for its third quarter ended September 30, 2010. All amounts are in U.S. dollars. Revenues for the third quarter were $530.4 million, an 18% increase relative to the same quarter in the prior year, Adjusted EBITDA was $45.7 million, up 5% from $43.5 million and Adjusted EPS was $0.61, versus $0.60 reported in the prior year quarter.

FirstService Corporation provides real estate related services to commercial, institutional, and residential customers in North America and internationally.

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Principal Financial Group, Inc. (NYSE:PFG) The Champions Tour has announced the best tournaments of the 2010 Champions Tour season. The Principal Charity Classic presented by Wells Fargo received the “Players Award” for the 2010 tournament, ranking it the number one stop for Champions Tour professionals. The announcement was made recently by Champions Tour President, Mike Stevens, at the Champions Tour Tournament Association annual awards dinner in Ponte Vedra Beach, Fl.

Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services worldwide.

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HEICO Corporation (NYSE:HEI) recently reported that Forbes Magazine has included HEICO as one of the 100 Best Small Companies in Forbes’ 2010 annual list of such businesses. This marks the 5th consecutive year HEICO has been included in the list of Forbes 200 Best Small Companies and the first year of HEICO’s inclusion in the top 100 List.

HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronics related products, as well as in the provision of related services in the United States and internationally.



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Source:Karl McMahon
Industry:Business, Finance, Stocks
Tags:billy jones, closed loop systems, eco friendly, energy efficient products, energy management, firstservice, Greenhouse
Shortcut:prlog.org/11079252
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