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ADA-ES Shares to Begin Trading on the NASDAQ Tomorrow, October 14th

Wednesday October 13, 9:01 am ET BUSINESS WIRE)ADA-ES, Inc. Today Announced that its Common Stock, will Begin Trading on the NASDAQ Small Cap Market October 14, 2004. The ticker symbol for ADA-ES' common stock will remain 'ADES.' Dr. Michael Durham, President of ADA-ES, stated, "Listing on the NASDAQ is a significant step for our Company. ADA-ES' stock is now eligible for purchase by a broader range of investment funds, and the NASDAQ listing will afford greater exposure. This milestone indicates our focus on increasing shareholder value while capitalizing on the opportunities in the mercury emission control industry. Also important – we believe the listing will enhance our credibility with utility customers." The Company expects the move to the NASDAQ Small Cap Market to be seamless for ADA-ES shareholders. Shareholders that hold a stock certificate do not need to replace the certificate. At such time as shareholders might sell the shares represented on the certificate, the transfer agent will automatically recognize the shares as ADA-ES stock on the NASDAQ Small Cap Market. About ADA-ES Headquartered in Littleton, Colorado, ADA-ES, Inc. develops and implements proprietary environmental technology and specialty chemicals that mitigate the environmental impact from electric power and industrial companies while […]

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Clean Energy Seen Fueling Growth and Profit at GE

By Daisuke Wakabayashi BOSTON, Oct 11 (Reuters) – Profits and sales at General Electric's (GE.N: Quote, Profile, Research) energy division have fallen for seven straight quarters, but high oil prices and tougher regulatory standards might be the catalysts needed for an earnings rebound. GE has been touting the benefits of renewable energies for years, but technological improvements and lower prices are making the cost advantage argument for solar, wind and other alternative energies more convincing. The company reported third-quarter earnings last Friday and said its energy division profits fell 35 percent and revenues declined 5 percent. GE is banking on clean energy demand to drive a 10 percent to 15 percent revenue rise in 2005. "This is a real business generating real profits," said John Rice, head of GE's energy business, which accounted for 14 percent of the company's sales in 2003. The business has suffered from a downturn in the wholesale U.S. electricity market and the collapse of Enron Corp. The Stella Group Ltd, a Washington D.C.-based strategic marketing firm that advises on alternative energy, forecasts that renewable energies could account for 20 percent to 25 percent of electricity supply by 2025 from 6 percent in 2003. "As the […]

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