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2010
11th
June 12:55pm

Stock Report on GreenHouse Holdings, Inc. GRHU.OB, PCG, PX, ABT, LZ


Posted By Contributor

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GreenHouse Holdings, Inc. (OTCBB:GRHU.OB), a San Diego-based global green solutions provider, announced that the Company is accelerating its strategy to expand into new geographic markets for further revenue growth.

GRHU generated revenues of $4.5 million in the 2009 fiscal year based primarily on sales in San Diego, California. These strong sales have encouraged GreenHouse management to enter new markets in California by opening satellite offices throughout the state. The newly announced offices will operate within Los Angeles and Orange counties.

“Our expansion into new markets and the introduction of a branding model based upon our success in San Diego County makes perfect sense for the company and its growth plans,” said Chris Ursitti, the CEO of GreenHouse Holdings. “By expanding our geographic footprint, we believe we can significantly augment our revenue growth with minimal risk, due to the low capital expenditures that the model offers…”

 

Pacific Gas and Electric Company (NYSE: PCG) recently announced that thousands of additional gas and electric customers may now be eligible to receive a discount on their monthly energy bill thanks to an adjustment in the California Alternate Rates for Energy (CARE) program’s income qualifications. With hot summer temperatures right around the corner, now is an ideal time for PG&E’s eligible customers to sign up for a discount on their energy bill.

 

Praxair, Inc, (NYSE: PX) Stephen F. Angel, chairman, president and chief executive officer of PX, will address the William Blair 30th Annual Growth Stock Conference in Chicago, IL on Tuesday, June 15 at 2:50 p.m. CDT.

Angel will discuss Praxair’s growth strategies and business outlook.

An audio webcast and presentation will be available on Praxair’s web site at www.praxair.com/investors. A replay will also be available after the presentation.

 

Abbott Laboratories (NYSE: ABT) The board of directors of Abbott today declared a quarterly common dividend of 44 cents per share.

This marks the 346th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is payable Aug. 15, 2010, to shareholders of record at the close of business on July 15, 2010.

Abbott has increased its dividend payout for 38 consecutive years and was named by Money as a leading dividend stock. Additionally, Abbott is a member of the S&P 500 Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for 25 consecutive years.

 

Lubrizon Corporation (NYSE: LZ) The Lubrizol Foundation, the philanthropic entity of The Lubrizol Corporation, recently announced the release of its 2009 annual report disclosing the distribution of close to $2.4 million in grants to a variety of nonprofit organizations and educational institutions for programs that support education, health and human services, civic and cultural activities and others. The 2009 grants reflect the strong commitment to supporting organizations in communities, primarily within the United States, where Lubrizol operates major facilities.

 

 

 

 

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