http://www.doctoroz.com/videos/dont-drink-water
Living in the US we are not accustomed to worrying about the safety of the water coming out of our taps. That's because state and federal standards are in place that help safeguard public drinking water. Still, while the US is among the safest water in the world, tainted water can enter our bodies when we drink, bathe, cook, launder and play – sometimes with catastrophic consequences. Life-threatening illness and birth defects can sometimes be traced back to contaminated drinking water, but mild diseases such as gastrointestinal upset, diarrhea, rashes, allergies and tooth wear can also be caused by toxins in our water.
In 1974 Congress passed the Clean Water Act, which regulates the nation's public drinking water. The US Environmental Protection Agency (EPA) is charged with enforcing standards for contaminants in drinking water – making sure public water is treated and distributed by qualified operators and that pollutant-specific tests are performed regularly. Water suppliers are then required to issue to their customers an annual water quality report or consumer confidence report (CCR) that indicates what contaminants have been detected and how those levels compare to drinking water standards. They are also required to notify the general public if water isn't fit for human consumption.
While this system is protective, it is not perfect and contamination happens. Nearly 10 percent of water systems fail to meet EPA's standards for tap water quality. That is a cause for concern for all Americans.
Cruising for Contaminants
Contamination can occur at the source and anywhere down the pipe ending at our faucets: the watershed, reservoirs, main pipes, wells, storage tanks and plumbing. Some contamination comes about naturally, while others are knowingly and unintentionally inserted by man.
Examples of Contaminants:
· Microorganisms such as bacteria, viruses and parasites
· Inorganic materials such as salts and metals (arsenic, lead, mercury)
· Organic materials such as synthetic and volatile chemicals (methane, solvents, pesticides and herbicides)
· Industrial waste
· Agricultural waste such as livestock feces
· Sewage
· Pharmaceuticals
· Radioactive substances
Most contaminants have no smell, color or taste so you may not be able to detect a problem if you have one and water can taste different from place to place. Still, there are some conditions or activities that can signal a concern.
Here are some signs your water may not be right:
· Water that has an objectionable or unusual smell, taste or appearance
· Recurrent intestinal or other health problems particular if they are clustered in households or neighborhoods
· Old lead pipes
· Nearby livestock, agricultural crops, toxic dumps
· Stained sinks, tubs and laundry
· Indoor radon gas
· Poorly lathering soaps, shampoos and detergents
· Rapidly corroded water treatment supplies
Visit the water stocks directory at Investorideas.com and Water-stocks.com
Thursday, October 22, 2009
Tuesday, October 20, 2009
Water Stocks News - Pentair (NYSE:PNR) Reports Third Quarter Net Income Per Share from Continuing Operations of $0.38; Adjusted EPS of $0.42
Water Stocks News - Pentair (NYSE:PNR) Reports Third Quarter Net Income Per Share from Continuing Operations of $0.38; Adjusted EPS of $0.42
•Reports third quarter sales of $663 million, down 23 percent year-over-year. •Delivers $103 million of free cash flow; Year to date free cash flow at $202 million •Operating margins in Water Group increase year over year; Technical Products adjusted operating margins over 14 percent •Introduces fourth quarter adjusted EPS guidance of $0.40 to $0.44 and updates full year adjusted EPS guidance of $1.40 to $1.44. All financial information and period-to-period references are on a continuing operations basis unless otherwise noted. Reconciliations to discontinued operations as well as GAAP and Non-GAAP reconciliations are in the attached financial tables.
MINNEAPOLIS-- October 20 2009 -Pentair, Inc. (NYSE:PNR) today announced third quarter 2009 net earnings per diluted share from continuing operations (EPS) of $0.38. This represents a decrease of 12 percent as compared to the $0.43 of EPS in the third quarter last year. Current period results included a negative $0.04 per share impact from restructuring charges. Adjusting for these items, third quarter 2009 EPS was $0.42, compared to adjusted third quarter 2008 EPS of $0.56, a decrease of 25 percent.
Total company sales decreased 23 percent to $663 million, compared with $856 million in the third quarter of 2008. The company delivered third quarter operating income of $67 million. On an adjusted basis, the company delivered operating income of $74 million versus $101 million in the year-ago quarter. The company’s adjusted operating income in the current quarter excluded the impact of additional severance charges associated with the third quarter elimination of 275 positions not included in prior restructuring. Overall, adjusted operating margins for the third quarter contracted 60 basis points to 11.2 percent. The positive impact from productivity and price did not offset the significant negative impact related to lower volumes.
Total company free cash flow was positive $103 million for the quarter. Year-to-date the company has generated $202 million of free cash flow, which is $95 million more than was generated in the first three quarters of 2008. The company said it remains on track to achieve free cash flow greater than $225 million for 2009.
“We continue to benefit from our cost actions and remain committed to our full year outlook. Additionally, with our strong free cash flow generation and the investments we have maintained in product innovation and sales and marketing we believe the company remains in an excellent position to benefit as markets recover,” said Randall J. Hogan, Pentair chairman and chief executive officer.
THIRD QUARTER BUSINESS HIGHLIGHTS
The Water Group delivered $462 million in sales, a 17 percent decline year-over-year. Sales were down 16 percent excluding foreign exchange.
•Flow Technologies sales were down 14 percent versus the year-ago quarter, as growth in the company’s global municipal market did not offset declines in commercial, industrial and residential markets. •Filtration sales were down 21 percent as sales to global residential, commercial and industrial markets continue to reflect inventory destocking and overall market softness. •Global Pool sales were down 16 percent as the prolonged decline in North American residential pool markets persists. The Water Group’s third quarter reported operating income totaled $53 million, up 7 percent as compared to $50 million in the same period last year. In the quarter, the Water Group had $3 million in pre-tax restructuring charges associated with severance from recently announced additional headcount reductions. Excluding these items, third quarter 2009 adjusted operating income was $56 million, down 12 percent versus third quarter 2008 adjusted operating income of $63 million. Adjusted operating margins of 12.1 percent were up 80 basis points as benefits from productivity more than offset the negative impact from volume declines, inflation, and pay-as-you-go restructuring costs.
Technical Products delivered third quarter 2009 sales of $201 million, a decrease of 32 percent versus the year-earlier period. Sales were down 31 percent excluding the impact of foreign exchange.
•Global Electrical sales were down 29 percent as industrial customers continue to reduce capital projects and distributors aggressively reduced inventory levels. •Global Electronic sales were down 34 percent as each of our major vertical markets contracted. Technical Products’ third quarter reported operating income totaled $24 million, down 49 percent compared to $48 million in the same quarter last year. Adjusting for a restructuring charge, operating income was $29 million. Adjusted operating margins were 14.4 percent, down 180 basis points versus the third quarter 2008. In the quarter, the benefits from productivity did not offset the negative impact from volume declines and foreign exchange.
“Overall, our third quarter results were solid given the recessionary environment. The results of our productivity actions were reflected in our Water business adjusted margins which expanded 80 basis points year over year despite a 17 percent sales decline,” said Randall J. Hogan, Pentair chairman and chief executive officer. “Additionally, our Technical Products business produced adjusted margins of over 14 percent despite sales declines of 32 percent, which were worse than anticipated and reflected declines in most major end markets.”
OUTLOOK
The company introduces its fourth quarter reported 2009 EPS guidance range of $0.37 to $0.41 which would be up when compared to fourth quarter 2008 reported EPS of $0.22. Adjusting for non-recurring items in both years (see attached reconciliation table) fourth quarter adjusted EPS is expected to be $0.40 to $0.44 or essentially flat with the year ago quarter. Fourth quarter sales are expected to be down approximately 14 percent.
The company updates its full year reported 2009 EPS guidance to $1.25 to $1.29, which would be down approximately 50 percent when compared to reported full year 2008 EPS. Adjusting for non-recurring items in both years full year adjusted 2009 EPS is expected to be $1.40 to $1.44 or down approximately 35 percent year over year. The company continues to anticipate future non-recurring gains from certain tax items but the timing is uncertain so these items are not included in the current full year reported EPS guidance.
“As anticipated, the benefits of our cost actions are rapidly improving our operating margins and earnings,” said Hogan. “Our fourth quarter EPS guidance demonstrates the results of our structural cost savings as we expect earnings to be flat year over year with higher operating margins despite anticipated sales declines.”
“We continue to position the company for market recovery, which we are seeing in some select markets and regions, and expect our operating margins and earnings growth will demonstrate that much of what we’ve accomplished in 2009 is sustainable,” Hogan added.
EARNINGS CONFERENCE CALL
Pentair Chairman and CEO Randall J. Hogan and Chief Financial Officer John L. Stauch will discuss the company’s performance and fourth quarter and full year 2009 guidance on a two-way conference call with investors and a live audio webcast at 9 a.m. Eastern today. Reconciliation of non-GAAP financial measures are set forth in the attachments to this third quarter 2009 earnings release and in the third quarter 2009 earning release conference call presentation, both of which can be found at Pentair’s web site (www.pentair.com). Related financial charts and certain other information to be discussed on the conference call will be available on the company’s website shortly before the conference call. The web cast and presentation will be archived at the same site following the conclusion of the conference call.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Any statements made about the company’s anticipated financial results are forward-looking statements subject to risks and uncertainties such as the breadth and severity of the global economic downturn; the strength of housing and related markets; the ability to implement our restructuring and other cost reduction plans successfully and the risk that expected benefits may not be fully realized or may take longer to realize than expected; foreign currency effects; retail, commercial and industrial demand; product introductions; and pricing and other competitive pressures, as well as other risk factors set forth in our SEC filings. Forward-looking statements included herein are made as of the date hereof, and the company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.
ABOUT PENTAIR, INC.
Pentair (www.pentair.com) is a diversified operating company headquartered in Minnesota. Its Water Group is a global leader in providing innovative products and systems used worldwide in the movement, treatment, storage and enjoyment of water. Pentair’s Technical Products Group is a leader in the global enclosures and thermal management markets, designing and manufacturing thermal management products and standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components. With 2008 revenues of $3.35 billion, Pentair employs approximately 13,100 people worldwide.
For financial tables see company news at www.pentair.com
Published at www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.Research more global water stocks at the water Stocks Directory, one of the largest water stock directories online - full access available to Investor Ideas Members.
•Reports third quarter sales of $663 million, down 23 percent year-over-year. •Delivers $103 million of free cash flow; Year to date free cash flow at $202 million •Operating margins in Water Group increase year over year; Technical Products adjusted operating margins over 14 percent •Introduces fourth quarter adjusted EPS guidance of $0.40 to $0.44 and updates full year adjusted EPS guidance of $1.40 to $1.44. All financial information and period-to-period references are on a continuing operations basis unless otherwise noted. Reconciliations to discontinued operations as well as GAAP and Non-GAAP reconciliations are in the attached financial tables.
MINNEAPOLIS-- October 20 2009 -Pentair, Inc. (NYSE:PNR) today announced third quarter 2009 net earnings per diluted share from continuing operations (EPS) of $0.38. This represents a decrease of 12 percent as compared to the $0.43 of EPS in the third quarter last year. Current period results included a negative $0.04 per share impact from restructuring charges. Adjusting for these items, third quarter 2009 EPS was $0.42, compared to adjusted third quarter 2008 EPS of $0.56, a decrease of 25 percent.
Total company sales decreased 23 percent to $663 million, compared with $856 million in the third quarter of 2008. The company delivered third quarter operating income of $67 million. On an adjusted basis, the company delivered operating income of $74 million versus $101 million in the year-ago quarter. The company’s adjusted operating income in the current quarter excluded the impact of additional severance charges associated with the third quarter elimination of 275 positions not included in prior restructuring. Overall, adjusted operating margins for the third quarter contracted 60 basis points to 11.2 percent. The positive impact from productivity and price did not offset the significant negative impact related to lower volumes.
Total company free cash flow was positive $103 million for the quarter. Year-to-date the company has generated $202 million of free cash flow, which is $95 million more than was generated in the first three quarters of 2008. The company said it remains on track to achieve free cash flow greater than $225 million for 2009.
“We continue to benefit from our cost actions and remain committed to our full year outlook. Additionally, with our strong free cash flow generation and the investments we have maintained in product innovation and sales and marketing we believe the company remains in an excellent position to benefit as markets recover,” said Randall J. Hogan, Pentair chairman and chief executive officer.
THIRD QUARTER BUSINESS HIGHLIGHTS
The Water Group delivered $462 million in sales, a 17 percent decline year-over-year. Sales were down 16 percent excluding foreign exchange.
•Flow Technologies sales were down 14 percent versus the year-ago quarter, as growth in the company’s global municipal market did not offset declines in commercial, industrial and residential markets. •Filtration sales were down 21 percent as sales to global residential, commercial and industrial markets continue to reflect inventory destocking and overall market softness. •Global Pool sales were down 16 percent as the prolonged decline in North American residential pool markets persists. The Water Group’s third quarter reported operating income totaled $53 million, up 7 percent as compared to $50 million in the same period last year. In the quarter, the Water Group had $3 million in pre-tax restructuring charges associated with severance from recently announced additional headcount reductions. Excluding these items, third quarter 2009 adjusted operating income was $56 million, down 12 percent versus third quarter 2008 adjusted operating income of $63 million. Adjusted operating margins of 12.1 percent were up 80 basis points as benefits from productivity more than offset the negative impact from volume declines, inflation, and pay-as-you-go restructuring costs.
Technical Products delivered third quarter 2009 sales of $201 million, a decrease of 32 percent versus the year-earlier period. Sales were down 31 percent excluding the impact of foreign exchange.
•Global Electrical sales were down 29 percent as industrial customers continue to reduce capital projects and distributors aggressively reduced inventory levels. •Global Electronic sales were down 34 percent as each of our major vertical markets contracted. Technical Products’ third quarter reported operating income totaled $24 million, down 49 percent compared to $48 million in the same quarter last year. Adjusting for a restructuring charge, operating income was $29 million. Adjusted operating margins were 14.4 percent, down 180 basis points versus the third quarter 2008. In the quarter, the benefits from productivity did not offset the negative impact from volume declines and foreign exchange.
“Overall, our third quarter results were solid given the recessionary environment. The results of our productivity actions were reflected in our Water business adjusted margins which expanded 80 basis points year over year despite a 17 percent sales decline,” said Randall J. Hogan, Pentair chairman and chief executive officer. “Additionally, our Technical Products business produced adjusted margins of over 14 percent despite sales declines of 32 percent, which were worse than anticipated and reflected declines in most major end markets.”
OUTLOOK
The company introduces its fourth quarter reported 2009 EPS guidance range of $0.37 to $0.41 which would be up when compared to fourth quarter 2008 reported EPS of $0.22. Adjusting for non-recurring items in both years (see attached reconciliation table) fourth quarter adjusted EPS is expected to be $0.40 to $0.44 or essentially flat with the year ago quarter. Fourth quarter sales are expected to be down approximately 14 percent.
The company updates its full year reported 2009 EPS guidance to $1.25 to $1.29, which would be down approximately 50 percent when compared to reported full year 2008 EPS. Adjusting for non-recurring items in both years full year adjusted 2009 EPS is expected to be $1.40 to $1.44 or down approximately 35 percent year over year. The company continues to anticipate future non-recurring gains from certain tax items but the timing is uncertain so these items are not included in the current full year reported EPS guidance.
“As anticipated, the benefits of our cost actions are rapidly improving our operating margins and earnings,” said Hogan. “Our fourth quarter EPS guidance demonstrates the results of our structural cost savings as we expect earnings to be flat year over year with higher operating margins despite anticipated sales declines.”
“We continue to position the company for market recovery, which we are seeing in some select markets and regions, and expect our operating margins and earnings growth will demonstrate that much of what we’ve accomplished in 2009 is sustainable,” Hogan added.
EARNINGS CONFERENCE CALL
Pentair Chairman and CEO Randall J. Hogan and Chief Financial Officer John L. Stauch will discuss the company’s performance and fourth quarter and full year 2009 guidance on a two-way conference call with investors and a live audio webcast at 9 a.m. Eastern today. Reconciliation of non-GAAP financial measures are set forth in the attachments to this third quarter 2009 earnings release and in the third quarter 2009 earning release conference call presentation, both of which can be found at Pentair’s web site (www.pentair.com). Related financial charts and certain other information to be discussed on the conference call will be available on the company’s website shortly before the conference call. The web cast and presentation will be archived at the same site following the conclusion of the conference call.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Any statements made about the company’s anticipated financial results are forward-looking statements subject to risks and uncertainties such as the breadth and severity of the global economic downturn; the strength of housing and related markets; the ability to implement our restructuring and other cost reduction plans successfully and the risk that expected benefits may not be fully realized or may take longer to realize than expected; foreign currency effects; retail, commercial and industrial demand; product introductions; and pricing and other competitive pressures, as well as other risk factors set forth in our SEC filings. Forward-looking statements included herein are made as of the date hereof, and the company undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Actual results could differ materially from anticipated results.
ABOUT PENTAIR, INC.
Pentair (www.pentair.com) is a diversified operating company headquartered in Minnesota. Its Water Group is a global leader in providing innovative products and systems used worldwide in the movement, treatment, storage and enjoyment of water. Pentair’s Technical Products Group is a leader in the global enclosures and thermal management markets, designing and manufacturing thermal management products and standard, modified, and custom enclosures that house and protect sensitive electronics and electrical components. With 2008 revenues of $3.35 billion, Pentair employs approximately 13,100 people worldwide.
For financial tables see company news at www.pentair.com
Published at www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.Research more global water stocks at the water Stocks Directory, one of the largest water stock directories online - full access available to Investor Ideas Members.
Monday, October 19, 2009
Water News - Bunker Hill Capital Partners with Senior Executive from Water Industry
Water News - Bunker Hill Capital Partners with Senior Executive from Water Industry
BOSTON---Bunker Hill Capital announced today that it has partnered with Donald W. Borden Jr. to assist in the identification and acquisition of companies in the water and wastewater industry. This operating partner relationship provides Bunker Hill Capital with a seasoned senior executive who has extensive experience in the water and wastewater industry including a deep network of market contacts.
Prior to partnering with Bunker Hill Capital, Mr. Borden served as the President of Crane Environmental, a division of the $2.3 billion publicly-traded Crane Co. While at Crane Co., Mr. Borden managed the water treatment group which included two major industrial product lines, and he oversaw product manufacturing at two of the Company’s production facilities. Mr. Borden’s division experienced significant growth due to the successful implementation of lean enterprise and six sigma techniques which required the development of a unique one-piece-flow system, reduction in lead times on large reverse osmosis product units and significant improvement in both on-time delivery and product quality. Through a direct sales model and by providing the highest quality reverse osmosis products, Mr. Borden’s division grew at a double-digit rate for over five years. Mr. Borden stated, “I decided to join forces with Bunker Hill Capital in order to capitalize on the numerous and exciting investment opportunities in the water and wastewater sector. My operating background and water industry experience should complement Bunker Hill Capital’s proven investment approach and strategic market assessment. As a result, I am enthusiastic about working with Bunker Hill Capital to target new investments in the water and wastewater industry.”
Bunker Hill Capital identified the water and wastewater industry as an attractive area for investment after extensive due diligence on the industry. Mark DeBlois, a Managing Partner at Bunker Hill Capital, said, “We periodically select industry sectors that are fragmented and forecasted to experience exceptional growth rates such as the water and wastewater sector. Our collaboration with an exceptional C-level executive like Don Borden, including his strong network of contacts, makes for a compelling consolidation strategy.”
Rufus Clark, also a Managing Partner at Bunker Hill Capital, added, “We are very pleased to have Don on board and believe his deep industry experience will greatly assist us in our proactive investment approach within this sector. We believe that sub-sector fragmentation, the product replacement cycle, government support for improved infrastructure and long-term demand for increased efficiencies will continue to create exceptional investment opportunities in this industry.”
About Bunker Hill Capital, L.P.
Bunker Hill Capital is a private equity firm that makes investments in lower middle market companies with enterprise values up to $150 million. The principals of Bunker Hill Capital have invested over $400 million in 29 transactions and target opportunities across four industry sectors, including industrial products, business services, consumer products and specialty retail. Bunker Hill Capital’s portfolio company investments include California Family Fitness, the leading owner and operator of fitness centers in the greater Sacramento, CA area; Papa Gino’s/D’Angelo, a dominant quick-service restaurant operator in New England; Smith & Wollensky, a premier steakhouse concept in the United States; and /n Spro, a leading Canadian provider of functional consulting services focused on SAP AG software solution architecture and configuration. For additional information on Bunker Hill Capital, please go to www.bunkerhillcapital.com.
Published at www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Research global water stocks at the Water Stocks Directory
Visit the Investorideas.com Marketplace for water opportunities for business and investors
BOSTON---Bunker Hill Capital announced today that it has partnered with Donald W. Borden Jr. to assist in the identification and acquisition of companies in the water and wastewater industry. This operating partner relationship provides Bunker Hill Capital with a seasoned senior executive who has extensive experience in the water and wastewater industry including a deep network of market contacts.
Prior to partnering with Bunker Hill Capital, Mr. Borden served as the President of Crane Environmental, a division of the $2.3 billion publicly-traded Crane Co. While at Crane Co., Mr. Borden managed the water treatment group which included two major industrial product lines, and he oversaw product manufacturing at two of the Company’s production facilities. Mr. Borden’s division experienced significant growth due to the successful implementation of lean enterprise and six sigma techniques which required the development of a unique one-piece-flow system, reduction in lead times on large reverse osmosis product units and significant improvement in both on-time delivery and product quality. Through a direct sales model and by providing the highest quality reverse osmosis products, Mr. Borden’s division grew at a double-digit rate for over five years. Mr. Borden stated, “I decided to join forces with Bunker Hill Capital in order to capitalize on the numerous and exciting investment opportunities in the water and wastewater sector. My operating background and water industry experience should complement Bunker Hill Capital’s proven investment approach and strategic market assessment. As a result, I am enthusiastic about working with Bunker Hill Capital to target new investments in the water and wastewater industry.”
Bunker Hill Capital identified the water and wastewater industry as an attractive area for investment after extensive due diligence on the industry. Mark DeBlois, a Managing Partner at Bunker Hill Capital, said, “We periodically select industry sectors that are fragmented and forecasted to experience exceptional growth rates such as the water and wastewater sector. Our collaboration with an exceptional C-level executive like Don Borden, including his strong network of contacts, makes for a compelling consolidation strategy.”
Rufus Clark, also a Managing Partner at Bunker Hill Capital, added, “We are very pleased to have Don on board and believe his deep industry experience will greatly assist us in our proactive investment approach within this sector. We believe that sub-sector fragmentation, the product replacement cycle, government support for improved infrastructure and long-term demand for increased efficiencies will continue to create exceptional investment opportunities in this industry.”
About Bunker Hill Capital, L.P.
Bunker Hill Capital is a private equity firm that makes investments in lower middle market companies with enterprise values up to $150 million. The principals of Bunker Hill Capital have invested over $400 million in 29 transactions and target opportunities across four industry sectors, including industrial products, business services, consumer products and specialty retail. Bunker Hill Capital’s portfolio company investments include California Family Fitness, the leading owner and operator of fitness centers in the greater Sacramento, CA area; Papa Gino’s/D’Angelo, a dominant quick-service restaurant operator in New England; Smith & Wollensky, a premier steakhouse concept in the United States; and /n Spro, a leading Canadian provider of functional consulting services focused on SAP AG software solution architecture and configuration. For additional information on Bunker Hill Capital, please go to www.bunkerhillcapital.com.
Published at www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Research global water stocks at the Water Stocks Directory
Visit the Investorideas.com Marketplace for water opportunities for business and investors
Sunday, October 18, 2009
Updating home page of www.water-stocks.com
Next week we will be updating the look and feel of the www.water-stocks.com home page to better direct investors
Water-Stocks.com : Investor Research for Water Stocks, Water industry News and Research Tools including our water stocks directory
Showcase water companies – be a top water company
WESCORP ENERGY INC (OTCBB: WSCE)- water remediation for oil and gas industry Corporate profile, news and info Website: http://www.wescorpenergy.com/
PFW WATER FUND
Visit our Water Industry Perspective by Neil Berlant
Fund Manager of the PFW Water Fund : PFW Water A (PFWAX)
Water Stocks Directory
Visit our Water Stocks Directory - Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investorideas.com and Water-stocks.com Water Stocks Index
Water Stocks Index
Published at http://www.investinwhoyouare.com/*Based stocks from the Investorideas.com water stocks directoryComponents: AMERON INTL INC, AMERICAN WTR WKS CO INC NEW, AMERICAN STS WTR CO, AQUA AMERICA INC, ITT CORP NEW, MIDDLESEX WATER CO, PENTAIR INC, WATTS WATER TECHNOLOGIES INC, WESCORP ENERGY INC
Top Water News Story
Water Stocks Sector Close-Up on Publicly Traded Water Stocks from the Investorideas.com Water Stocks Index
Water and Cleantech News
Water Stocks News - Skinny Water Now Available at All Fairway Market Locations in New York and New Jersey
Water Stocks Marketplace update for Investing In Water Companies for Accredited Investors
Water Stocks News - Ocean Power Technologies (Nasdaq: OPTT) Signs Agreement for Development of Wave Power Station in Japan
More Water Stocks News – Go
Water and Cleantech Commentary
Water Industry Perspective by Neil Berlant
Investing in Water Podcasts – Interviews with Industry experts including Neil Berlant
Water-Stocks.com : Investor Research for Water Stocks, Water industry News and Research Tools including our water stocks directory
Showcase water companies – be a top water company
WESCORP ENERGY INC (OTCBB: WSCE)- water remediation for oil and gas industry Corporate profile, news and info Website: http://www.wescorpenergy.com/
PFW WATER FUND
Visit our Water Industry Perspective by Neil Berlant
Fund Manager of the PFW Water Fund : PFW Water A (PFWAX)
Water Stocks Directory
Visit our Water Stocks Directory - Listed Water Companies on TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investorideas.com and Water-stocks.com Water Stocks Index
Water Stocks Index
Published at http://www.investinwhoyouare.com/*Based stocks from the Investorideas.com water stocks directoryComponents: AMERON INTL INC, AMERICAN WTR WKS CO INC NEW, AMERICAN STS WTR CO, AQUA AMERICA INC, ITT CORP NEW, MIDDLESEX WATER CO, PENTAIR INC, WATTS WATER TECHNOLOGIES INC, WESCORP ENERGY INC
Top Water News Story
Water Stocks Sector Close-Up on Publicly Traded Water Stocks from the Investorideas.com Water Stocks Index
Water and Cleantech News
Water Stocks News - Skinny Water Now Available at All Fairway Market Locations in New York and New Jersey
Water Stocks Marketplace update for Investing In Water Companies for Accredited Investors
Water Stocks News - Ocean Power Technologies (Nasdaq: OPTT) Signs Agreement for Development of Wave Power Station in Japan
More Water Stocks News – Go
Water and Cleantech Commentary
Water Industry Perspective by Neil Berlant
Investing in Water Podcasts – Interviews with Industry experts including Neil Berlant
Tuesday, October 13, 2009
Water Stocks News - Skinny Water Now Available at All Fairway Market Locations in New York and New Jersey
Water Stocks News - Skinny Water Now Available at All Fairway Market Locations in New York and New Jersey
BALA CYNWYD, Pa- Skinny Nutritional Corp. (OTC BB:SKNY), the maker of Skinny Water® and a leader in the zero-calorie enhanced water category, announced today that Skinny Water is now available at all Fairway Market grocery stores.
Servicing the residents of New York and New Jersey since the 1940s, Fairway Market transformed from a fruit and vegetable grocery store into a “high-end, low price specialty store.” This transformation is attributed to each previous generation’s determination to cultivate the vision of offering the best grocery selection in a warm, friendly atmosphere.
Besides being a fixture in the communities they serve, one of Fairway Market’s many accolades include being recognized by Specialty Food Magazine as one of the country’s ‘Six Outstanding Specialty Food Retailers’ as well as ‘Consumer Deal of the Year’ by M & A Magazine.
The Skinny Water® lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), Peach Mango Mandarin (XXX-Detox), and introducing Orange Cranberry Tangerine (Wake Up). Every bottle of Skinny Water® has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, and all natural colors and flavors.
ABOUT SKINNY NUTRITIONAL CORP. Headquartered in Bala Cynwyd, Pa., Skinny Nutritional Corp., the creators of Skinny Water®, a zero-calorie, zero-sugar, zero-sodium and zero-preservative enhanced water. Skinny Water comes in six great tasting flavors that include Acai Grape Blueberry, Goji Fruit Punch, Peach Mango Mandarin, Raspberry Pomegranate, Orange Cranberry Tangerine and Lemonade Passionfruit. Skinny Nutritional Corp. also expects to launch additional branded products, including Skinny Tea®, and other Skinny branded beverages. For more information, visit www.SkinnyWater.com.
ABOUT FAIRWAY MARKET With over 2000 current employees, Fairway Market currently has five locations throughout New York and New Jersey, with a highly-anticipated sixth store opening at the end of this year in Westchester County, NY, as well as a seventh location in Stamford, Connecticut, and an eighth in Douglaston, NY. For more information, please visit www.fairwaymarket.com.
SAFE HARBOR STATEMENT This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the Company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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BALA CYNWYD, Pa- Skinny Nutritional Corp. (OTC BB:SKNY), the maker of Skinny Water® and a leader in the zero-calorie enhanced water category, announced today that Skinny Water is now available at all Fairway Market grocery stores.
Servicing the residents of New York and New Jersey since the 1940s, Fairway Market transformed from a fruit and vegetable grocery store into a “high-end, low price specialty store.” This transformation is attributed to each previous generation’s determination to cultivate the vision of offering the best grocery selection in a warm, friendly atmosphere.
Besides being a fixture in the communities they serve, one of Fairway Market’s many accolades include being recognized by Specialty Food Magazine as one of the country’s ‘Six Outstanding Specialty Food Retailers’ as well as ‘Consumer Deal of the Year’ by M & A Magazine.
The Skinny Water® lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), Peach Mango Mandarin (XXX-Detox), and introducing Orange Cranberry Tangerine (Wake Up). Every bottle of Skinny Water® has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, and all natural colors and flavors.
ABOUT SKINNY NUTRITIONAL CORP. Headquartered in Bala Cynwyd, Pa., Skinny Nutritional Corp., the creators of Skinny Water®, a zero-calorie, zero-sugar, zero-sodium and zero-preservative enhanced water. Skinny Water comes in six great tasting flavors that include Acai Grape Blueberry, Goji Fruit Punch, Peach Mango Mandarin, Raspberry Pomegranate, Orange Cranberry Tangerine and Lemonade Passionfruit. Skinny Nutritional Corp. also expects to launch additional branded products, including Skinny Tea®, and other Skinny branded beverages. For more information, visit www.SkinnyWater.com.
ABOUT FAIRWAY MARKET With over 2000 current employees, Fairway Market currently has five locations throughout New York and New Jersey, with a highly-anticipated sixth store opening at the end of this year in Westchester County, NY, as well as a seventh location in Stamford, Connecticut, and an eighth in Douglaston, NY. For more information, please visit www.fairwaymarket.com.
SAFE HARBOR STATEMENT This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. When used in this release, the words "believe," "anticipate," "think," "intend," "plan," "will be," "expect," and similar expressions identify such forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the Company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Environmental Capital Partners Completes Cascade Drilling Transaction
Environmental Capital Partners Completes Cascade Drilling Transaction
Investment provides capital to fund future growth initiatives
WOODINVILLE, WashEnvironmental Capital Partners (“ECP”), a New York based private equity firm, with its affiliates announced today that it has made an investment in Cascade Drilling, L.P. in order to fund the Company’s future growth initiatives. Bruce Niermeyer, the Company’s founder, remains a significant shareholder and will continue as President and CEO of the Company. Mr. Niermeyer has been a leader in the drilling industry for decades and has been instrumental in developing Cascade Drilling into one of the largest independent drilling companies in North America focused on the environmental sector. The transaction enables the Company to expand significantly while affording it the ability to continue to service its customers at the highest level. Terms of the agreement were not disclosed.
“We are delighted with our investment in Cascade Drilling. By providing environmental drilling services for water and soil assessment, monitoring, and remediation purposes, Cascade Drilling is a perfect fit with our broader mission to promote the growth of companies that enhance environmental sustainability,” said Robert Egan, a Managing Partner of ECP. “Our investment provides the business with the flexibility to grow beyond existing locations in Seattle, Los Angeles, Sacramento and Portland and for expanded service offerings while maintaining its keen focus on safety and customer service. Technological advances in remediation, an ever increasing need to assess and clean up contaminated sites, and the improved economics of applications such as geothermal heat transfer will provide secular growth in Cascade Drilling’s core sectors. Bruce Niermeyer has built an industry leading company through deep knowledge and outstanding leadership; we look forward to partnering with Bruce in developing Cascade Drilling in the coming years.”
“Our relationship with ECP will provide us with a long-term partner to promote future growth and enable us to build upon our leadership position by expanding the locations in which we offer clients the highest level of service and safety,” Cascade Drilling President and CEO Bruce Niermeyer said. “I view the transaction as a natural progression within Cascade Drilling’s lifecycle. We have grown without outside resources to cover the entire West Coast and are now at the point where it makes sense to team with an institutional partner to take the Company to the next level. ECP has shown a strong commitment to Cascade Drilling’s core values of safety first and quality while demonstrating the skills and track record I was looking for in a partner.”
Morgan Stanley Smith Barney’s Capital Strategies Group served as exclusive financial advisor to Cascade Drilling in this transaction. PNC Business Credit arranged the financing for the transaction. O'Melveny & Myers LLP and Karr Tuttle Campbell provided legal advice to ECP and the Company, respectively.
About Cascade Drilling
Cascade Drilling is a leading provider of environmental drilling services for water and soil assessment, monitoring, and remediation purposes on the West Coast. The Company is a recognized regional leader in auger and direct push drilling, standard drilling methods for assessing the extent of subsurface contamination. Cascade Drilling also provides rotary, sonic and other drilling methods, which allows it to offer a wide range of environmental drilling services. The Company drills holes for a wide range of reasons, including providing samples of water and soil, installation of devices through drilling that facilitate monitoring, and subsurface application of chemicals or other agents for in situ remediation. Cascade Drilling’s core beliefs are safety first, customer service and quality.
About Environmental Capital Partners
ECP provides long-term capital and management support to leading middle-market companies in the environmental industry with a focus on companies that provide goods and services to prevent, limit, or correct environmental damage to water, air, soil, or human health. Based in New York, ECP typically seeks to invest $5 to $25 million of its own capital in companies with sales of $20 to $150 million. ECP’s model is to invest in established businesses with strong growth potential that can benefit from its financial, operational and strategic resources.
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Investment provides capital to fund future growth initiatives
WOODINVILLE, WashEnvironmental Capital Partners (“ECP”), a New York based private equity firm, with its affiliates announced today that it has made an investment in Cascade Drilling, L.P. in order to fund the Company’s future growth initiatives. Bruce Niermeyer, the Company’s founder, remains a significant shareholder and will continue as President and CEO of the Company. Mr. Niermeyer has been a leader in the drilling industry for decades and has been instrumental in developing Cascade Drilling into one of the largest independent drilling companies in North America focused on the environmental sector. The transaction enables the Company to expand significantly while affording it the ability to continue to service its customers at the highest level. Terms of the agreement were not disclosed.
“We are delighted with our investment in Cascade Drilling. By providing environmental drilling services for water and soil assessment, monitoring, and remediation purposes, Cascade Drilling is a perfect fit with our broader mission to promote the growth of companies that enhance environmental sustainability,” said Robert Egan, a Managing Partner of ECP. “Our investment provides the business with the flexibility to grow beyond existing locations in Seattle, Los Angeles, Sacramento and Portland and for expanded service offerings while maintaining its keen focus on safety and customer service. Technological advances in remediation, an ever increasing need to assess and clean up contaminated sites, and the improved economics of applications such as geothermal heat transfer will provide secular growth in Cascade Drilling’s core sectors. Bruce Niermeyer has built an industry leading company through deep knowledge and outstanding leadership; we look forward to partnering with Bruce in developing Cascade Drilling in the coming years.”
“Our relationship with ECP will provide us with a long-term partner to promote future growth and enable us to build upon our leadership position by expanding the locations in which we offer clients the highest level of service and safety,” Cascade Drilling President and CEO Bruce Niermeyer said. “I view the transaction as a natural progression within Cascade Drilling’s lifecycle. We have grown without outside resources to cover the entire West Coast and are now at the point where it makes sense to team with an institutional partner to take the Company to the next level. ECP has shown a strong commitment to Cascade Drilling’s core values of safety first and quality while demonstrating the skills and track record I was looking for in a partner.”
Morgan Stanley Smith Barney’s Capital Strategies Group served as exclusive financial advisor to Cascade Drilling in this transaction. PNC Business Credit arranged the financing for the transaction. O'Melveny & Myers LLP and Karr Tuttle Campbell provided legal advice to ECP and the Company, respectively.
About Cascade Drilling
Cascade Drilling is a leading provider of environmental drilling services for water and soil assessment, monitoring, and remediation purposes on the West Coast. The Company is a recognized regional leader in auger and direct push drilling, standard drilling methods for assessing the extent of subsurface contamination. Cascade Drilling also provides rotary, sonic and other drilling methods, which allows it to offer a wide range of environmental drilling services. The Company drills holes for a wide range of reasons, including providing samples of water and soil, installation of devices through drilling that facilitate monitoring, and subsurface application of chemicals or other agents for in situ remediation. Cascade Drilling’s core beliefs are safety first, customer service and quality.
About Environmental Capital Partners
ECP provides long-term capital and management support to leading middle-market companies in the environmental industry with a focus on companies that provide goods and services to prevent, limit, or correct environmental damage to water, air, soil, or human health. Based in New York, ECP typically seeks to invest $5 to $25 million of its own capital in companies with sales of $20 to $150 million. ECP’s model is to invest in established businesses with strong growth potential that can benefit from its financial, operational and strategic resources.
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Thursday, October 8, 2009
Water Stocks Marketplace update for Investing In Water Companies for Accredited Investors
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, updates the Investor Ideas Marketplace for accredited investors seeking opportunities for investing in emerging water companies.
Accredited water investors and water companies seeking funding or partners can register at the Marketplace and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Entrepreneurs and Investors can also subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed.
Sign up page: Register and sign up to view the private access link or to have your company added:
Investors following publicly traded water companies can also research water stocks at the www.Water-Stocks.com and Investorideas.com water stocks directory.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
POINT ROBERTS, WA and DELTA, BC –October 8, 2009 www.Water-Stocks.com, an investor and industry portal for the water sector within Investorideas.com, updates the Investor Ideas Marketplace for accredited investors seeking opportunities for investing in emerging water companies.
Accredited water investors and water companies seeking funding or partners can register at the Marketplace and request info online. Approved accredited investors can view the secure marketplace pages featuring executive summaries of each company. Approved companies can be added to the growing list of companies.
Entrepreneurs and Investors can also subscribe to the Marketplace Business, Venture, Capital and Funding News RSS Feed.
Sign up page: Register and sign up to view the private access link or to have your company added:
Investors following publicly traded water companies can also research water stocks at the www.Water-Stocks.com and Investorideas.com water stocks directory.
About us
www.Water-Stocks.com, a portal within the InvestorIdeas.com content umbrella, offers investors research tools, news, Blogs, online conferences, Podcasts , interviews and a directory of public companies within the water sector .The water-stocks content hub has created a global marketplace and meeting place for investors, public companies, industry buyers and sellers of water technology, services and water assets.
Visit the Investorideas.com Marketplace for water opportunities for business and investors
InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured showcase companies including Wescorp Energy (WSCE), news submissions and online advertising. Read our Compensation Disclosure and disclaimers.
For More Information Contact:
Water-stocks.com
Dawn Van Zant 800-665-0411
Email: dvanzant@investorideas.com or cvanzant@investorideas.com
Web Site: www.InvestorIdeas.com www.water-stocks.com
Source: Water-Stocks.com, Investorideas.com
Visit the water stocks directory at Investorideas.com and Water-stocks.com
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