AMREP Corp. (NYSE:AXR) reported net income of $1,083,000 , or $0.18 per share, for its fiscal 2012 second quarter ended October 31, 2011 compared to net income of $731,000 , or $0.12 per share, for its fiscal 2011 second quarter ended October 31 , 2010. For the first six months of fiscal 2012, the Company had net income of $804,000 , or $0.13 per share, compared to net income of $233,000 , or $0.04 per share, for the same period of fiscal 2011. Revenues were $23,351,000 and $44,844,000 for the second quarter and first six months of 2012 versus $25,816,000 and $50,903,000 for the same periods last year.

AMREP Corporation, through its subsidiaries, engages in real estate and media services businesses.

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Ritchie Bros. Auctioneers Incorporated (NYSE:RBA), the world’s largest auctioneer of heavy equipment and trucks, attracted more than 5,000 bidders from 35 countries to a two-day CA$66 million ( US$65 million ) unreserved public auction at its site in Edmonton, Alberta on December 7 & 8, 2011. More than 1,800 of the bidders (36%) participated online in real time at www.rbauction.com, purchasing more than CA$18 million ( US$18 million ) of equipment (28%). With the sale of a 2005 Terex 6×6 articulated dump truck to an online bidder on day one of the auction, Ritchie Bros. reached a new company milestone: US$1 billion of equipment sold online in a single calendar year.

Ritchie Bros. Auctioneers Incorporated, an industrial auctioneer, sells various equipment to on-site and online bidders worldwide.

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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. The Company 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).

Ethanol production from biomass is the most common method for producing ethanol from biomass is through a process known as fermentation, which is an anaerobic biological process in which sugars are converted to alcohol by the action of microorganisms such as yeast. Fermentation is a technology that has been used for centuries to make beer and wine. The process requires sugars. If the carbohydrates contained in the starting biomass are starch, such as is found in corn, then the starchy material first has to be converted to sugars. The most common crop used in the United States for making ethanol for gasoline additive is corn, whereas in tropical countries such as Brazil, the crop of choice is sugar cane.

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.

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Magnetek Inc. (NYSE:MAG), a leading provider of digital power and motion control systems, announced that it will voluntarily transfer its stock exchange listing from the New York Stock Exchange (”NYSE”) to the NASDAQ Global Market (”NASDAQ”), an exchange of the NASDAQ OMX Group Inc. The Company currently expects that its common stock will cease trading on the NYSE effective after the close of trading on December 19, 2011, and will commence trading on the NASDAQ on December 20, 2011. The Company’s common stock will continue to be listed under the ticker symbol “MAG.”

Magnetek, Inc. provides digital power control systems to control motion and power primarily in material handling, elevator, and energy delivery applications.

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