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Moody’s Confirms Nexen’s Investment Grade Credit Rating

March 12th, 2011

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund [...]

Reval Wins Treasury & Risk’s 2008 Alexander Hamilton Award for Technology of the Year with its FAS 157 Solution

October 30th, 2008

Reval, a global leader in financial risk management solutions and services, announced today that it was recognized with an Alexander Hamilton Award at the 13th annual Treasury & Risk Magazine awards ceremony this week. Reval was awarded the silver award in the Technology of the Year category for its best in class FAS 157 Solution. [...]

Shelter Bay Energy Inc. acquires shares of Painted Pony Petroleum Ltd.

August 6th, 2008

Shelter Bay Energy Inc. is pleased to announce that it acquired ownership on August 5, 2008 of 4,110,000 Class A shares of Painted Pony Petroleum Ltd., constituting 14.6% of the issued and outstanding Class A shares of Painted Pony. Further to Crescent Point Energy Trust’s press release dated April 11, 2008 announcing the acquisition [...]

DuPont Launches Photovoltaic Solutions Business in India

September 3rd, 2008

DuPont announced the introduction of its DuPont Photovoltaic Solutions (DPVS) business in India. DuPont Photovoltaic Solutions is a leading global supplier to the photovoltaic industry, offering a broad and growing portfolio of innovative solutions for both crystalline silicon and thin film modules designed to help deliver clean, sustainable energy to enhance people’s lives. The DPVS [...]

CCM Research Issues Initial Report on Dynamic Fuel Systems, Inc.

September 15th, 2008

CCM Research analyst, Walt Spaude, CFA, has written an initiating report on Dynamic Fuel Systems, Inc.
Dynamic Fuel Systems Inc. is a Pickering, Ontario based energy sector company engaged in the manufacturing, distribution, installation and marketing of a transportable hydrogen generator retrofit, targeted for use in the heavy tractor trailer industry. Its flagship product, the Jetstartm, [...]

Dominion Declares Quarterly Dividend of 39.5 Cents

August 7th, 2008

The board of directors of Dominion has declared a quarterly dividend of 39.5 cents per share of common stock.
Dividends are payable on Sept. 20, 2008, to shareholders of record Aug. 29, 2008.
This is the 322nd consecutive dividend that Dominion or its predecessor company has paid holders of common stock. The company’s last quarterly dividend was [...]

High-Efficiency Wind Turbine Generator Manufacturer Danotek Motion Technologies Powering the Wind With $14.5 Million From CMEA Ventures, StatoilHydro and GE

November 19th, 2008

Bolstering its contribution of high-efficiency and cost-saving generators to the $37 billion wind industry, Danotek Motion Technologies has raised $14.5 million from CMEA Ventures, StatoilHydro unit StatoilHydro Venture and GE unit GE Energy Financial Services. Danotek’s generators can spur the wind equipment market by increasing wind turbines’ efficiency, while radically reducing their maintenance and [...]

Advanced Control Systems Responds to Severe Midwest Floods With Record Breaking Delivery Time for ITC Midwest

August 15th, 2008

Advanced Control Systems, Inc. (ACS), a leading provider of smart grid automation and system solutions to global utilities, recently completed an expedited delivery of two ACS substation automation systems to ITC Midwest LLC, a subsidiary of ITC Holdings Corp. (NYSE:ITC), in Cedar Rapids, Iowa. In response to the widespread flooding that overtook Eastern Iowa in [...]

FirstEnergy Corp. Declares Common Stock Dividend

December 21st, 2010

The Board of Directors of FirstEnergy Corp. (NYSE:FE – News) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock and provided contingent dividend payment scenarios to reflect possible timing of the completion of FirstEnergy’s pending merger with Allegheny Energy, Inc. “Depending on the timing of the merger and other [...]

Zongshen PEM Power Systems Inc. Announces Amendment to Master Support Agreement with Zongshen Industrial Group

August 12th, 2008

Zongshen PEM Power Systems Inc., announced that it has reached an amending agreement (the “Amendment”) with its major shareholder, Zongshen Industrial Group (“ZIG”) to amend the Master Support Agreement (“MSA”) which was signed and announced in January 2008.
The Amendment grants ZPP the exclusive global rights to the production and sale of low emission gas motorbikes [...]