Culp, Inc. (NYSE:CFI) was founded in 1972 and is headquartered in High Point, North Carolina. Culp manufactures, sources, and markets mattress fabrics and upholstery fabrics to the furniture and bedding industries in North America and internationally. Culp, Inc. operates in two segments, Mattress Fabrics and Upholstery Fabrics.



Culp, Inc. yesterday reported financial and operating results for the first quarter of fiscal 2012 ended July 31, 2011. Highlights for the first quarter of fiscal 2012 include the following: Net sales were $60.3 million, a 7.8 percent increase compared with the first quarter of fiscal 2011, with mattress fabrics segment sales up four percent and upholstery fabric segment sales up 12.4 percent over the same period a year ago. Pre-tax income was $3.0 million, or 4.9 percent of sales, compared with $4.3 million, or 7.7 percent of sales in the prior year period.

Net income was $1.8 million, or $0.14 per diluted share, compared with net income of $3.7 million, or $0.28 per diluted share, for the first quarter of fiscal 2011. Net income for the current quarter reflected a significantly higher tax rate primarily due to non-cash U.S.-related tax expense. As of July 31, 2011, Culp's financial position reflected cash and cash equivalents and short term investments of $25.0 million and total debt of $11.5 million. Culp announced yesterday the addition of $2.0 million to the previously announced $5.0 million share repurchase program announced in June.

As of August 26, 2011, Culp has repurchased 364,000 shares, or 2.7 percent of shares outstanding at the beginning of the program, for approximately $3.2 million. The second quarter projection for fiscal 2012 is for overall sales to increase by approximately four to eight percent. Pre-tax income for the second quarter of fiscal 2012 is expected to be in the range of $2.6 million to $3.5 million.

For more information about Culp, please visit: www.culpinc.com

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China Cord Blood Corporation is the first and largest cord blood banking operator in China in terms of geographical coverage and is the only cord blood banking operator with multiple licenses. Under current PRC government regulations, only one licensed cord blood banking operator is permitted to operate in each licensed region and only seven licenses have been authorized as of today. China Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services.


First Quarter of Fiscal 2012 Highlights

Revenue for the first quarter of fiscal 2012 increased by 22.0% to RMB87.5 million ($13.5 million) from RMB71.7 million in the prior year period.

New subscriber sign-ups and accumulated subscriber base reached 12,828 and 198,658, respectively.

Gross profit increased by 24.1% to RMB67.6 million ($10.5 million) from RMB54.4 million from the prior year period.

Gross margin was 77.3%, compared to 75.9% for the prior year period.

Operating income increased by 31.7% to RMB30.8 million ($4.8 million) from RMB23.4 million for the prior year period.

Net income attributable to shareholders, inclusive of dividend income of RMB7.2 million ($1.1 million) from Shandong Cord Blood Bank and effect of the preferential tax treatment obtained by the Guangdong subsidiary resulting in a discrete tax benefit of RMB10.2 million ($1.6 million), was RMB40.0 million ($6.2 million), compared to RMB17.6 million in the prior year period.






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Transocean Ltd. (NYSE:RIG) issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 30 days or more for High-Specification Floaters or 60 days or more for all other rig classes since our quarterly fleet status report dated July 13, 2011.

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MAJESTIC GOLD CORP (MJGCF.PK )

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

Gold has a long and fascinating history of use in a diverse range of industries and applications. The future will see gold being used in a multitude of new products and processes.

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Intevac Inc (Nasdaq:IVAC) announced that the company will participate in the EU PVSEC, taking place September 5th through 9th in Hamburg, Germany. Intevac will showcase its revolutionary high-value equipment solutions for the solar industry.

Intevac, Inc. provides manufacturing equipment and solutions to the hard disk drive industry; and offers productivity solutions to the photovoltaic and semiconductor industries. The company operates in two segments, Equipment and Intevac Photonics.

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InfoSpace Inc (Nasdaq:INSP) announced that it has appointed Andrew (Andy) M. Snyder, CEO of Cambridge Information Group (CIG), to its Board of Directors. In addition, Mr. Snyder will head a newly-created mergers and acquisitions committee of the Board. CIG, a family-owned management and investment firm, is currently a large shareholder and is increasing its investment to approximately 4.8 percent of the outstanding shares of InfoSpace.

InfoSpace, Inc. develops search tools and technologies that assist consumers with finding content and information on the Internet.

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Peregrine Pharmaceuticals Inc. (Nasdaq:PPHM) announced 20.7 month median overall survival (OS) from a prior single-arm Phase II trial evaluating bavituximab in combination with docetaxel in patients with locally advanced or metastatic breast cancer. In a separate published study included in the docetaxel package insert, median OS was 11.7 months for metastatic breast cancer patients treated with docetaxel alone.

Peregrine Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the research and development of monoclonal antibodies for the treatment of cancer and viral infections.

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Comtech Telecommunications Corp. (Nasdaq:CMTL) announced that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., was recently awarded a $1.2 million order for CDM-625 Advanced Satellite Modems. A telecommunications operator in Africa will utilize the modems to expand their satellite-based 2G/3G GSM and CDMA network.

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally.

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Peoples Bancorp Inc. (Nasdaq:PEBO) announces the election of Susan D. Rector as a director of Peoples and of its subsidiary, Peoples Bank, National Association ("Peoples Bank"). Rector is a principal in the law firm of Schottenstein, Zox & Dunn, Co., LPA ("SZD") in Columbus, Ohio. She has been appointed to the Governance and Nominating Committee of the Peoples Board of Directors and to the Information Technology Committee of the Peoples Bank Board of Directors.

Peoples Bancorp Inc. operates as a holding company for Peoples Bank, National Association that provides financial products and services. It offers commercial and retail banking, insurance, brokerage, and trust services.

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Tech Data Corp. (Nasdaq:TECD) announced results for its fiscal second quarter ended July 31, 2011.Net sales in the Americas (including North America and Latin America) were $2.70 billion, or 42 percent of worldwide net sales, representing an increase of 4 percent over the prior-year second quarter. Net sales in Europe totaled $3.75 billion, or 58 percent of worldwide net sales, representing an increase of 30 percent (14 percent increase on a euro basis) over the prior-year second quarter.

Tech Data Corporation distributes information technology products, as well as offers logistics management and other value-added services in North America, South America, and Europe.

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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).

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Valence Technology Inc. (Nasdaq:VLNC) a leading U.S. based global manufacturer of advanced energy storage solutions, today announced a $7.2 million purchase order from Electric Vehicles International (EVI) to deliver lithium phosphate batteries for use in 100 UPS delivery vehicles.
Valence Technology is a global leader in the development and manufacture of safe, long-life lithium iron magnesium phosphate advanced energy storage solutions and integrated command and control logic.
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MAJESTIC GOLD CORP (MJGCF.PK)
Gold has been around since the earliest times and it is something that most societies have prized as being valuable. Gold has such a high reputation for a good reason. This is because gold doesn't tarnish, conducts electricity well, is a pleasure to work with, and alloys well with a diverse range of materials. This has made it very easy to sell to people who want to work with it gold.

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China HGS Real Estate Inc. (Nasdaq:HGSH) one of the largest residential and commercial property developers in China's southern Shaanxi province, announced that its operating entity in China, Shaanxi Guangsha Investment and Development Group Co., Ltd. (the "Guangsha Group"), recently signed an agreement (the "Agreement") with the Yang County government for the construction of a large-scale Economically Affordable Apartment housing project (the "EAA Project") with an overall ground floor area (GFA) of 40,000 sq. m. (approximately 430,556 sq. ft.). Yang County is the largest administrative district of Hanzhong city, which has a total population of about 440,000.
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SY Bancorp Inc. (Nasdaq:SYBT) parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per common share. The dividend will be paid on October 3, 2011, to stockholders of record as of September 12, 2011.
S.Y. Bancorp, Inc. operates as the bank holding company for Stock Yards Bank & Trust Company that provides commercial and personal banking services in Louisville, Kentucky; southern Indiana and Indianapolis, Indiana; and Cincinnati, Ohio.

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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).
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TransAct Technologies Incorporated (Nasdaq:TACT) announced that it has completed its previously announced acquisition of substantially all of the assets of Printrex, Inc. ("Printrex"), a leading manufacturer of high-performance specialty printers primarily sold into the oil and gas exploration market.
TransAct Technologies Incorporated designs, develops, assembles, and markets transaction-based printers under the Epic and Ithaca brand names.

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International Rectifier Corporation (NYSE:IRF) announced financial results for the fourth quarter (ended June 26, 2011) of its fiscal year 2011. Revenue for the fourth quarter fiscal year 2011 was $317.2 million, a 6.9% increase from $296.7 million in the third quarter fiscal year 2011 and a 20.3% increase from $263.8 million in the fourth quarter fiscal year 2010.
International Rectifier Corporation is a world leader in power management technology. IR's analog, digital, and mixed signal ICs, and other advanced power management products, enable high performance computing and save energy in a wide variety of business and consumer applications.
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First Potomac Realty Trust (NYSE:FPO), a leading owner of office and industrial properties in the greater Washington, D.C., and southern Virginia regions, announced two new lease transactions totaling more than 115,000 square feet at industrial buildings the firm owns in Chesapeake, VA. Carrier Enterprises LLC signed a 63,012-square-foot lease at Crossways Commerce Center for a seven-year term. The property is now 88 percent leased. In addition, Serco Inc. signed a five-year lease for 54,054 square feet at Diamond Hill Distribution Center in Chesapeake, Virginia. With this transaction, Diamond Hill is now 90 percent leased.
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CIBER, Inc. (NYSE:CBR) announced the completion of a project with Apache Corporation to deploy a new Lawson Talent Management (LTM) solution, a versatile software suite within Lawson's Human Capital Management software package. The solution provides a worldwide system of record to improve the strategic value of human resources (HR) data, and enables Apache to manage their global workforce more effectively and streamline business processes.
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hhgregg, Inc. (NYSE:HGG) announced that it will officially Grand Open fourteen new stores in the Chicago area on Thursday, September 15th. Chicago is a new market for hhgregg, and with the opening of 14 new stores, it will become the company's largest market.
hhgregg, Inc. operates as a specialty retailer of consumer electronics, home appliances, and related services. The company offers video products, such as flat panel televisions, blu-rays, and DVD players; appliances, including washers and dryers, refrigerators, cooking ranges, dishwashers, freezers, and air conditioners; and digital camcorders, digital cameras, gaming bundles, home theater receivers, mattresses, MP3 players, computers, personal navigation, tablets, speaker systems, and telephones.

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Intersil Corporation (NASDAQ:ISIL) introduced the world's first I2C controlled buck-boost regulator, delivering a highly flexible solution for providing a regulated output voltage from a varying input voltage. The ISL9112 is a compact, high efficiency 2.5MHz, 1.2A buck-boost regulator designed for applications that require I2C programmability, and utilizes Intersil's proprietary H-Bridge Buck-Boost architecture. The I2C interface allows output voltages to be changed instantaneously or ramped between two values.
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Le Gaga Holdings Ltd (Nasdaq:GAGA) one of the largest greenhouse vegetable producers in China as measured by the area of greenhouse coverage and one of the fastest growing major vegetable producers in China, announced that its annual general meeting will be held at 10:30 am (China Standard Time) on September 19, 2011 at Unit 1105, The Metropolis Tower, 10 Metropolis Drive, Hung Hom, Kowloon, Hong Kong.
Le Gaga Holdings Limited engages in cultivating, processing, and distributing vegetables. The company was founded in 2004 and is based in Hong Kong, Hong Kong.
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United Community Bancorp (Nasdaq:UCBA), announced that its Board of Directors declared a quarterly cash dividend of $0.11 per share, payable on or about August 31, 2011, to stockholders of record as of the close of business on August 22, 2011. United Community MHC, the Company's mutual holding company parent, will waive receipt of the dividend.
United Community Bancorp operates as the holding company for the United Community Bank that provides banking products and services to individuals and businesses in southeastern Indiana.
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Cleantech Transit, Inc. (CLNO)
When biomass is produced by plants as a result of photosynthesis, some of the energy in the sunlight is converted into the chemical energy that binds various atoms to form carbohydrate molecules. Herbivores (animals that feed on plants) eat the plants and make their own biomass by using the energy stored in the plants' biomass. Similarly, carnivores (animals that feed on other animals) consume the biomass of other animals and in the process make their own biomass. When the plants or animals die, the energy captured in their biomass remains until the biomass decomposes through natural mechanisms or is burned or processed by humans.
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AVX Corp (NYSE:AVX) has expanded its HQ Series MLC surface mount RF power capacitors to include P90 dielectric versions for high power high frequency applications, such as medical and industrial electronics. The HQ Series MLC with the P90 dielectric material features an ultra-low equivalent series resistance (ESR) and dissipation factor at high frequencies. The HQ Series capacitor with P90 dielectric is now available in E case sizes.

AVX Corporation, together with its subsidiaries, manufactures and supplies passive electronic components and interconnect products worldwide.

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Crown Equity Holdings, Inc. (CRWE)
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

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MAXIMUS, Inc. (NYSE:MMS) announced that it will bring together communication experts and decision-makers for the second annual MAXIMUS Center for Health Literacy Conference, "Plain Talk in Complex Times." The conference, which is co-sponsored by the American Public Health Association, will take place September 22-23, 2011 in Arlington, Virginia. "Plain Talk in Complex Times" will offer practical solutions for communicating complex health information and will also make it possible for health professionals to earn continuing education credits. The conference is a gathering of public health experts, researchers, educators, medical practitioners and professionals tasked with clearly communicating to diverse audiences. This year's conference will focus on the key topics of Web usability and accessibility, eHealth literacy and oral communication.

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China Recycling Energy Corporation (Nasdaq:CREG) announced results for the three months and six months ended June 30, 2011. Highlights: System sales was $11.34 million and contingent rental income was $0.58 million for the six months ended June 30, 2011. Net income grew 16.6% to $8.257 million as compared to $7.67 million for the first six months of 2010. Interest income on sales-type leases increased by 65% over 2010 comparable periods.Fully diluted EPS of $0.16, as compared to $0.15 for the first six months of 2010. China Recycling Energy Corporation provides energy saving and recycling products and services in the People's Republic of China

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Cleantech Transit Inc. (CLNO)
Some common methods of biomass energy conversion are
1. Burning the biomass, e.g. coal or wood, this produces energy for cooking, grilling and heating.
2. Alcohol fermentation in which starches are converted to sugar, then to alcohol and subsequently to fuel. Fermentation can be used with materials such as wheat, yeast, potatoes, barley, and even sawdust. After the fermentation process, the product can be used as an alternative of fuel.

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