Del Mar, CA – Green Energy Live Inc (GELV) has entered into final stages of its second acquisition, that of Peck Electric. The growing clean energy company is conducting its final due diligence and audits and is looking to complete the deal by mid April 2010.
The company is pleased that Peck will allow it further access into the clean energy market. Peck has shown great resilience in a down economy and is looking to further penetrate the solar energy market in the Vermont area in addition to its numerous revenue streams.
Karen Clark, President/CEO of Green Energy Live, commented: "Peck Electric is a solid, well-run company with multiple and consistent revenue streams as well as potential for significant expansion in clean energy offerings. In spite of extremely tough economic conditions Peck maintained its revenue levels last year, generating $6 million in gross revenue in 2009 as it did in 2008. Green Energy Live is extremely pleased to be moving forward with the acquisition of this growing enterprise.”
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StockSource.us (www.StockSource.us) Reports on Stocks to Watch:
Green Energy Live, Inc. (OTCBB: GELV), Fifth Third Bancorp (NASDAQ:FITB), Corning Incorporated (NYSE:GLW), KeyCorp (NYSE:KEY), Marvell Technology Group Ltd. (NASDAQ:MRVL), Huntington Bancshares Incorporated (NASDAQ:HBAN), Advanced Micro Devices, Inc. (NYSE:AMD)
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Other Stocks to Watch:
Fifth Third Bancorp (the Bancorp) is a diversified financial services company. The Bancorp operates in four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors
Corning Incorporated (Corning)is a technology-based corporation that operates in five reportable business segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences
KeyCorp is a bank holding company and a financial holding company. It is the parent holding company for KeyBank National Association (KeyBank), its principal subsidiary, through which its banking services are provided.
Marvell Technology Group Ltd. is a fabless semiconductor provider of application-specific standard products. The Company develops complex system-on-a-chip (SoC) devices using its technology portfolio of intellectual property in the areas of analog, mixed-signal, digital signal processing and embedded ARM-based microprocessor integrated circuits.
Huntington Bancshares Incorporated is a bank holding company. Through its subsidiaries, the Company provides full-service commercial and consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, insurance service programs, and other financial products and services.
Advanced Micro Devices, Inc. (AMD) is a global semiconductor company. The Company designs and sells microprocessors, chipsets and graphics processors.
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