OfficeMax Incorporated (NYSE:OMX) and its retail customers together donated more than $1.7 million in classroom supplies to teachers nationwide through OfficeMax’s annual A Day Made Better classroom surprise events, which help provide economic relief and encourage national support for teachers.
OfficeMax Incorporated, together with its subsidiaries, distributes business-to-business and retail office products.
Grubb & Ellis Company (NYSE:GBE) announced that the company has completed the sale of its real estate investment fund business, Alesco Global Advisors, to Lazard Asset Management LLC. Terms of the transaction were not disclosed.
Grubb & Ellis Company, a commercial real estate services and investment management company, together with its subsidiaries, provides integrated real estate solutions, including transactions, management, consulting, and investment advisory services.
Cleantech Transit, Inc. (CLNO)
Bioenergy is renewable energy prepared from any organic material and sources of bioenergy are called “biomass,” and include agricultural and forestry residues, municipal solid wastes, industrial wastes, and terrestrial and aquatic crops grown solely for energy purposes.
Biomass is an attractive petroleum alternative because it is a renewable resource that is more evenly distributed over the Earth’s surface than finite energy sources, and may be exploited using more environmentally friendly technologies. Today, biomass resources are used to generate electricity and power, and to produce liquid transportation fuels, such as ethanol and biodiesel.
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
RAIT Financial Trust (NYSE:RAS) announced that it expects to release its third quarter 2011 financial results before U.S. stock markets open on Friday, October 28, 2011 and invites investors and other interested parties to listen to its quarterly results conference call on Friday, October 28, 2011 at 9:30 a.m. Eastern time.
RAIT Financial Trust operates as a self-managed and self-advised real estate investment trust (REIT). The company, through its subsidiaries, invests in, manages, and services real estate-related assets with a focus on commercial real estate.
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