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Alpha Natural Resources and Massey Energy Agree to $8.5 Billion Combination

Alpha Natural Resources, Inc. and Massey Energy Company announced today that they signed a definitive agreement under which Alpha will acquire all outstanding shares of Massey common stock, subject to customary closing conditions including stockholder approval of both companies. Under the terms of the agreement, Massey stockholders will receive, at the closing, 1.025 shares of [...]

Pioneer Natural Resources to Present at the Raymond James Investors Conference

Pioneer Natural Resources Company today announced that Tim Dove, President and COO, will present at The Raymond James Investors Conference on Tuesday, March 8 at 9:50 a.m. ET.
Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer’s [...]

Electro Energy Inc. Announces Receipt of NASDAQ Deficiency Notice

Electro Energy Inc., a leading provider of advanced battery technologies and associated systems, today announced it received a Nasdaq Staff Deficiency Letter on October 9, 2008 indicating that the Company fails to comply with the minimum bid price requirement for continued listing set forth in Marketplace Rule 4310(c)(4) because the bid price of the Company’s [...]

Appalachian Energy Inks Largest Contract in Its History

The fastest growing alternative energy provider in the Southeast has signed the largest contract in its seven-year history. Appalachian Energy is partnering with Jim Barkley Toyota to provide a turnkey solar energy system that will be the largest photovoltaic (PV) installation in Western North Carolina.
“It was a business decision that made good financial sense based [...]

Petra Petroleum Inc.: Grant of Options

Petra Petroleum Inc. eports that it has granted a total of 340,000 stock options at the exercise price of $0.33 each to its directors, officers and employees. The stock options are granted pursuant to the Company’s Stock Option Plan.
The Company continues to assess new properties and opportunities with an overall goal of growing the Company.

Homeland Energy and GMR Extend Share Delivery Date to Finalize Alternative Transaction

Homeland Energy Group Ltd. announces that GMR Energy Limited, of Bangalore India, and Homeland Energy have agreed to a further extension of the completion date by which Homeland Energy Corp. must complete the repurchase of the shares of the Company’s South African operations from GMR.
The extension to February 7, 2009 is expected to allow the [...]

US DOJ Closes Investigation of SRAM Sales Involving Mitsubishi Electric Subsidiary

Mitsubishi Electric Corporation announced that the United States Department of Justice (DOJ) Antitrust Division has notified Mitsubishi Electric & Electronics U.S.A Inc. (MEUS), a subsidiary of Mitsubishi Electric, that DOJ has closed its grand jury investigation of possible antitrust violations regarding static random access memory (SRAM) sales in the US market. No charges have been [...]

Alenia Aeronautica Selects Fiper from SIMULIA for Enterprise-Wide Simulation Integration and Collaboration

Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced that Alenia Aeronautica, “a Finmeccanica Company”, a major commercial and defense aeronautics supplier, has chosen Fiper from SIMULIA as a key component of their enterprise-wide simulation process integration and collaboration framework to be developed under the Alenia Networked Enterprise [...]

Dresser-Rand Agrees to Acquire Arrow Industries, Inc. and Completes Acquisition of Assets of Enginuity LLC

Dresser-Rand Group Inc., a global supplier of rotating equipment to the oil, gas, petrochemical, and process industries, announced today that its affiliates have entered into two acquisition agreements. Each is consistent with the company’s strategy of acquiring products, services, and technologies that offer access to new markets or enhance current market positions, and each will [...]

Beaver Valley Unit 2 Begins Refueling

FirstEnergy Nuclear Operating Company announced its Beaver Valley Power Station Unit 2 in Shippingport, Pa., shut down earlier today for scheduled refueling and maintenance.
While the unit is off line, 64 of the 157 fuel assemblies will be replaced and numerous safety inspections will be conducted. In addition, preventative maintenance to ensure continued safe and [...]