DAVIS, CA — (Marketwire) — 08/20/09 — Octus Energy (OTCBB: OCTI) today announced its affiliation with two University of California, Davis energy efficiency research centers, the California Lighting Technology Center (CLTC) and the Western Cooling Efficiency Center (WCEC). As an affiliate member, Octus will collaborate with CLTC and WCEC to develop and deploy the Octus Smart Energy Platform (OctusSEP), focused on commercializing innovative and highly efficient lighting and cooling products and systems.
Stocks rebound after sharp drop despite weak housing data, mixed retail earnings reports
Stocks are moderately higher in early trading following gains in overseas markets that were driven by upbeat economic news from Germany. A research institute has reported that consumer confidence is rising in the country, Europe’s largest economy.
However, there is still much uncertainty in the U.S. The market’s gains are being held in check by mixed earnings reports from retailers and a government report showing construction of new homes fell more than expected in July.
DAVIS, CA — (Marketwire) — 07/09/09 — Octus Energy (OTCBB: OCTI) today announced the addition of two energy industry executives to its management team, strengthening the company’s commercialization of the Octus Smart Energy Platform (OctusSEP). Joining the company are Tobin J.M. Richardson as Senior Advisor, Energy Markets, and Siva Gunda as Senior Engineer, Smart Energy Solutions.
Stocks are modestly higher after yesterday’s big sell-off
Stocks are modestly higher in early trading Wednesday as investors wait for aluminum maker Alcoa Inc. to provide some guidance about the economy.
Investors worried that the world economy may take longer to emerge from recession than originally hoped are turning their focus this week to companies’ financial results and, more importantly, to what they have to say about business conditions for the rest of the year.
Stocks are down slightly as investors mull mixed economic data
Stocks fell Friday after the Commerce Department reported that personal spending, incomes and savings all rose in May. What troubled investors, though, was that the savings rate soared to 6.9 percent, a 15-year high, while spending rose by a modest 0.3 percent.
The trend suggests consumers are being extremely careful with their money. But it’s not great for the overall economy in the short-term.
DAVIS, CA — (Marketwire) — 06/25/09 — Octus Energy (OTCBB: OCTI) today announced the creation of the Octus Smart Energy Alliance. The alliance enables Octus and its partners to collaboratively deploy energy efficiency and demand response solutions, leveraging the Octus Smart Energy Platform (OctusSEP), to generate immediate energy savings for commercial, industrial and public sector organizations.