Market flat, pares losses from jobless claims

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits... 

Pinnacle Security’s “Pinnacle: Securing Hope” Program Offers Assistance to Local and International Communities in 2010

Pinnacle Security, a leader in the North American residential security market, today announced the conclusion of the inaugural year of its philanthropic program, “Pinnacle: Securing Hope.” The program, initiated in the fall of 2010 to formalize the many charitable endeavors already in progress at Pinnacle, included becoming the first corporate... 

Teams Prepare for Round Two in the 2010-2011 Clean Energy Prize Competition

Ideas for new green-energy businesses ranging from a credit card bonus points program to fund renewable energy projects to a speed bump that generates electricity for roadside electronics will go head to head Jan. 21 in Round-2 competition for the 2010-2011 Clean Energy Prize. The competition, presented by DTE Energy and the University of Michigan... 

QR Energy Announces Appointment of Stephen A. Thorington to Board of Directors

QR Energy, LP, a Delaware limited partnership announced today that the Board of Directors of its general partner has elected Stephen A. Thorington as an independent director. Mr. Thorington served as Executive Vice President and Chief Financial Officer of Plains Exploration & Production Company from 2002 until he retired from that position in 2006.... 

Market slips on bank worries, lackluster jobs data

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report. Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were due for a... 

Piper Jaffray Hosts Sixth Annual Clean Technology and Renewables Conference

Piper Jaffray will host its sixth annual Clean Technology & Renewables Conference on Jan. 12 in New York. Industry participants and investors will hear from more than 80 of the fastest growing public and private companies in the solar, wind, smart grid, energy storage, LED, biofuels, water, automotive efficiency, and other clean technology sectors. “Piper... 

Flint Hills Resources to Acquire Two Iowa Ethanol Plants

Flint Hills Resources announced plans today to acquire ethanol plants in Iowa Falls and Fairbank, Iowa. Flint Hills Resources signed an agreement yesterday to purchase the plants from Hawkeye Renewables. The deal is expected to close early in the first quarter of 2011. The purchase price will not be disclosed. “We’re very pleased to add the Fairbank... 

Denbury Completes Sale of its Interests in Encore Energy Partners LP; CO2 Injections Commence at Hastings Field

Denbury Resources Inc. today announced that on December 31, 2010 it closed the previously announced sale of its ownership interests in Encore Energy Partners LP (NYSE:ENP – News) (“ENP”) to Vanguard Natural Resources, LLC (NYSE:VNR – News) (“Vanguard”). Denbury sold to Vanguard 100% of its interest in ENP’s general partner and... 

Delta Petroleum Corporation Announces the Closing of a New Senior Secured Credit Facility

Delta Petroleum Corporation, an independent oil and gas exploration and development company, announced today that it has closed on a new senior secured credit facility with Macquarie Bank Limited (“Macquarie”). As previously announced, the new credit facility is for $100 million, of which $50 million will be initially available to the Company.... 

American Standard Energy Corporation Announces Robert J. Thompson as Board Chairman

The Board of Directors of American Standard Energy Corp. is pleased to announce the appointment of Robert Thompson to the Board and his election to serve as its Chairman. Mr. Thompson shall also chair the Compensation, Audit, and Nominating & Corporate Governance Committees. Mr. Thompson brings to American Standard Energy Corp. a wealth of experience...