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Stepan Company (NYSE:SCL) reported higher second quarter and year-to-date results for the period ended June 30, 2011. Net income rose 22 percent to $20.9 million compared to $17.0 million a year ago. Earnings per share also rose 22 percent to $1.87 per share. Net income, excluding deferred compensation plan expense, was $20.7 million compared to $19.2 million a year ago, up eight percent. Net sales rose 30 percent primarily due to higher selling prices. Gross profit rose 10 percent despite commodity raw material inflation. Total sales volume grew by less than one percent as six percent higher polymer volumes were offset by a one percent decrease in surfactant volumes.

Stepan Company engages in the production and sale of specialty and intermediate chemicals. The company operates in three segments: Surfactants, Polymers, and Specialty Products.

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Vishay Precision Group, Inc. (NYSE:VPG) a leading producer of sensors based on resistive foil technology and sensor-based systems, will release results for the second quarter ending July 2, 2011 at approximately 8:00 a.m. (ET) on August 3, 2011. A conference call and simultaneous audio webcast will take place at 10:00 a.m. (ET) on August 3, 2011. To access the conference call, interested parties may call 877-317-6789 or +1-412-317-6789 and enter conference number: 1000-2177, or log on to the IR page of the VPG website at http://ir.vishaypg.com for listen-only mode. A replay will be available approximately one hour after the completion of the call by calling toll-free 877-344-7529 or internationally +1-412-317-0088 and using the conference number: 1000-2177. The replay will also be available on the IR page of the VPG website at http://ir.vishaypg.com. It will be available via phone and website for a limited time.

Vishay Precision Group produces sensors based on resistive foil technology, and sensor-based systems. VPG provides vertically integrated products and solutions for multiple growing markets in the areas of current, stress, force, weight, and pressure measurements.

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Covidien plc (NYSE:COV) reported results for the third quarter of fiscal 2011 (April - June 2011). Net sales of $2.93 billion increased 14% from the $2.56 billion reported in the third quarter a year ago. Foreign exchange rate movement added approximately five percentage points to the quarterly sales growth rate. Third-quarter 2011 gross margin of 57.1% was up 1.5 percentage points from the 55.6% reported in the prior-year period. This improvement was due to positive business mix, ongoing benefits from the Company's restructuring programs and favorable foreign exchange.

Covidien plc develops, manufactures, and sells healthcare products for use in clinical and home settings in the United States and internationally.

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Cleantech Transit Inc (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Biomass energy produces less carbon footprint compared to fossil fuels. This is because new plants grow to replace the old ones that were used to produce biomass energy before. The use of fossil fuel reduces when biomass energy is produced and this lowers the carbon dioxide levels in the atmosphere.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.

For more information about CLNO, visit www.cleantechtransitinc.com

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Alliance New York Municipal Income Fund, Inc. (NYSE:AYN), a closed-end management investment company, declared on this date, July 26, 2011, a monthly distribution of $0.0710 per share of Common Stock, payable August 19, 2011 to shareholders of record at the close of business on August 5, 2011. Exdate will be August 3, 2011.

Alliance New York Municipal Income Fund, Inc. operates as a nondiversified, closed-end management investment company.




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