As oil muddies outlook, Fed policy less certain

Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of U.S. monetary policy and making next week’s policy meeting all the more contentious. The sharp rise in energy costs, precipitated by a wave of pro-democracy uprisings across the Arab world, could affect the economy in different ways, by retarding... 

El Maniel International, Inc. Receives Gold Buyer’s License for Gold Initiatives Expansion

El Maniel International Inc. announces today that its gold trading subsidiary, EMLL Mining Limited has received its Gold Buyer’s License as issued by the Precious Minerals Marketing Company Limited (PMMC). PMMC is responsible for the purchase and marketing of the precious minerals with head offices located in the Diamond House building in Accra... 

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... 

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... 

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... 

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011. Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial... 

RedShift Energy Acquires Superior Solar LLC

RedShift Energy LLC is pleased to announce the acquisition of Superior Solar Systems LLC on Monday, January 26, 2009. Superior Solar is a leading solar energy design and installation firm specializing in solar pool heaters, solar water heaters and photovoltaic systems used for producing solar electricity. Serving commercial, institutional and residential... 

CMAI’s 2009 World Butadiene Analysis Brings Focus to Uncertain Supply & Demand Outlook

Chemical Market Associates, Inc. (CMAI) announces the completion of the 2009 World Butadiene Analysis, an annual global study that covers the future outlook for supply, demand, production, capacity, trade, pricing and profitability of the global butadiene and derivatives industries for the period 2003 to 2013. Included with the analysis is access to... 

Sunrise Consulting Group Inc. Signs Letter of Intent to Purchase Controlling Interest in Chinese Solar Company

Sunrise Consulting Group Inc. has signed a letter of intent to purchase up to 60% of Sunrise Solartech Co., Ltd. www.srsolartech.com. Sunrise Solartech was founded in March 2006 in Jiansu Province, China as a privately owned enterprise that specializes in designing, developing, manufacturing and marketing solar energy products. Sunrise Solartech is... 

ReneSola Secures Additional Credit Lines from Two of China’s Largest Banks

ReneSola Ltd, a leading Chinese manufacturer of solar wafers, announced that its principal operating subsidiary Zhejiang Yuhui Solar Energy Source Co. Ltd. has secured additional banking facilities with two of China’s largest banks: Industrial and Commercial Bank of China and Agricultural Bank of China. The Banks have agreed to provide Zhejiang...