Investorideas.com newswire, renewable energy sector

Thursday, November 03, 2011

Wednesday's Renewable Energy Stocks Trading; (OTC: CWET), (NYSE:POR), (NASDAQ:BCON), (TSX.V: CTW)

Point Roberts, WA - November 3, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for small and large cap renewable energy stocks for 2nd November.
Portland General Electric Company (NYSE:POR) jumped 0.61 (2.52%) to $24.81. Today, the company said that it earned $27 million, or $0.36 a share on revenue of $439 million, compared to year revenue of $464 million with earnings of $49 million, or $0.65 a share. The Company reports for its renewable energy record, PGE’s renewable power program helps ensure a reliable, sustainable energy future for Oregon, and thanks to our customers it’s the most successful program of its kind in the country.*
Beacon Power Corp. (NASDAQ:BCON) surged 0.014 (16.23%) to close at $0.101 rebounding from its 52-week low of $0.08, made earlier in the session. More than 3.41 million shares traded hands, compared to its average volume 822K shares.
Catch the Wind Ltd. (TSX.V: CTW) shares jumped 0.020 (15.38%) to $0.15 on light volume. Recently, the company announced that effective October 22, 2011, the Company's wholly-owned subsidiary, Catch the Wind, Inc. ("CTW"), withdrew its membership in Falcon Fifty LLC, which was originally formed in September 2009 to acquire a Falcon 50 aircraft. As a result, the Company no longer has any interest in the aircraft.
Clean Wind Energy Tower Inc (OTC: CWET) ended flat at $0.159. Last month, Clean Wind Energy Tower, Inc. entered into a Securities Purchase Agreement with Asher Enterprises, Inc., for the sale of an 8% convertible note in the principal amount of $32,500.
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