Ashland Inc. announced today that its board of directors approved a $400 million stock repurchase program. Under the program, the company’s common shares will be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or in privately negotiated transactions. The amount and timing of any...
Savanna East Africa, Inc. today announced newly appointed Chief Executive Officer, Lieutenant Colonel (Retired) Randell Torno will travel to Nairobi, Kenya to review and advance the Company’s interests in East Africa. LTC Torno departs tomorrow with an extensive agenda topped with advancing the Company’s multiple pending acquisitions. LTC...
Over the past two days, teams of UGI and Pennsylvania Public Utility Commission investigators have been working at the site of the Allen Street explosion. Late last evening, a video scope was inserted into the gas main on Allen Street between 13th and Mercer. The main has been shut down since the February 9 explosion and has been the focus of our investigation...
Not for Release, Publication or Distribution in, Into or From Any Jurisdiction Where to do so Would Constitute a Violation of the Relevant Laws of Such Jurisdiction – Following the announcement on 10 December 2010 of a recommended cash offer for Regal, Energees Investments (the principal holding company of the Smart Holding Group)...
The National Automotive Technicians Education Foundation today announced a significant donation of digital multimeters from Amprobe in Everett, Wash. “Due to the outstanding generosity of Amprobe, we are able to provide several Amprobe DM7C Digital Multimeters for use in every NATEF program nationwide,” said Bill Kersten, NATEF President....
Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,...
LHV Power (formerly known as HiTek Power Corporation) spins off Flux Power, to be led by Aptera Cofounder Chris Anthony. This new company will provide life extending Lithium Battery technology including battery management and monitoring, advanced display and diagnostics, and smart charging systems. “I’ve heard the same message repeatedly from numerous...
Goodrich Corporation’s Sensors and Integrated Systems team in Burnsville, Minn. has donated an icing wind tunnel to Iowa State University. The tunnel will be the university’s first wind tunnel to be able to perform icing physics research and will be housed in Iowa State’s wind simulation and testing (WiST) laboratory. The WiST lab...
US Farms, Inc. discussed today what impact the recently announced recession in the US by the National Bureau of Economic Research will have on its Farming and Nursery businesses going forward into 2009. Yan K. Skwara, CEO of US Farms, Inc., stated, “Worldwide market volatility has certainly affected financing in our business as a publicly traded...
Plug Power Inc., a leader in providing clean, reliable energy solutions, and National Grid, an international natural gas and electric utility, today announced a partnership with the U.S. Department of Energy (DOE) to conduct the first field trial of Plug Power’s new micro-CHP (combined heat and power) GenSys(r) fuel cell system. Fueled by natural...