Management of BioCentric Energy (BEHL) Define the Next Three Years for BioCentric Energy and Trina Solar raises 3Q revenue outlook
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City of Industry, CA --(www.USEquityNews.com)-- 10/15/2008 - Alternative Energy industry alert provided by U.S. Equity News. BioCentric Energy's (OTC: BEHL) Management, in a meeting today with all subsidiaries and division personnel, defined the five implementing projects for the next three years to interface for optimum productivity. Dennis Fisher, CEO and President for BioCentric Energy Inc., stated today, "Each Division Director is required to be well versed with the other division's progress to utilize and integrate that knowledge to expedite their timelines. The entire team shares the vision of BioCentric Energy and understands the ramifications of success. Our passion to create a lasting footprint for our children's future is the power behind our devotion."
China-based solar energy company Trina Solar Ltd. on Wednesday raised its third-quarter revenue estimate above Wall Street expectations and said it expects to meet or exceed 2008 sales targets. Trina forecast quarterly revenue between $285 million and $294 million, above its previously issued guidance of $250 million to $265 million and higher than analysts average estimate of $260.5 million, according to a Thomson Reuters poll.
Celerity, Inc., a technology leader in precision instruments and advanced gas and liquid delivery solutions for the global semiconductor and electronics industries, announced today that the United States Court of Appeals for the Federal Circuit has affirmed its trial verdict of patent infringement against Ultra Clean Holdings, Inc. (Nasdaq: UCTT), and its subsidiary Ultra Clean Technology Systems and Service, Inc., Menlo Park, CA ("UCT").
Linear Technology Corporation (NASDAQ: LLTC), a leading, independent manufacturer of high performance linear integrated circuits, today reported financial results for the quarter ended September 28, 2008. Revenue for the first quarter of fiscal year 2009 increased 1% to a quarterly record of $310.4 million compared to the previous quarter's revenue of $307.1 million and increased 10% or $28.9 million over $281.5 million reported in the first quarter of fiscal year 2008. Diluted earnings per share ("EPS") of $0.48 increased $0.02 per share or 4% over the fourth quarter of fiscal year 2008 and increased $0.08 per share or 20% over the first quarter of fiscal year 2008. First quarter Generally Accepted Accounting Principles ("GAAP") net income of $107.6 million increased $4.5 million or 4% over $103.1 million reported in the fourth quarter of fiscal year 2008. Net income for the quarter was positively impacted by a lower tax rate as a result of a discrete tax benefit. Net income increased $16.1 million or 18% over the first quarter of fiscal year 2008.
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