Ashland Inc. Board Announces $400 Million Stock Repurchase Program, Intends to Increase Annual Dividend

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... 

GEMCO Awarded Contract for Over 8MW of Ontario microFIT Installations Across Ontario

Editors note: There is a photo associated with this release. Glenbarra Energy Management Corp is currently installing up to 800 ground mounted microFIT Photovoltaic Solar Systems across Southern Ontario. GEMCO has been engaged by Fovere Glenbarra Energy Fund IV (the “Fund”) of Toronto as General Contractor. The Fund has acquired the rights... 

Lightbridge Corporation Provides More Detailed Background on All-Metal Nuclear Fuel Technology at Roth Capital Partners OC Growth Stock Conference

Lightbridge Corporation the leading innovator of advanced nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today filed an 8-K to disclose new information on its proprietary all-metal fuel technology. The disclosure outlines more detailed safety benefits of the Company’s all-metal... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Axial Vector Announces Reverse Stock Split, Name Change to “AVEC Corporation” and New Trading Symbol (AVEC)

Axial Vector Energy Corporation announced today it has changed the name of the company to “AVEC Corporation” and completed at 1-for-150 share reverse stock split and will begin trading today under the symbol (AVECD). At the Effective Date, immediately and without further action by Axial Vector stockholders, every one hundred fifty (150)... 

CLEAResult Partners with General Catalyst to Power Growth

CLEAResult, a national energy optimization firm headquartered in Austin, Texas, today announced a significant capital investment from General Catalyst, a venture capital and private equity firm based in Cambridge, Mass. CLEAResult, which ranked 144th on Inc. Magazine’s list of the 500 fastest growing companies in 2010, designs and implements... 

Sentry Petroleum President and CEO Discusses Potential World-Class Coal Resource

Sentry Petroleum Ltd today announced the release of a video interview with Dr. Raj Rajeswaran, Sentry Petroleum President and Chief Executive Officer. The interview is available on the company’s web site at http://www.sentrypetroleum.com/presentations/sentry-video-presentations/ Sentry President and CEO, Dr. Rajeswaran is quoted as saying, “We... 

USEC to Webcast Conference Call on February 23 at 8:30 a.m. ET

USEC Inc. will broadcast its next quarterly conference call with shareholders and the financial community over the Internet on Wednesday, February 23, 2011, at 8:30 a.m. ET. The Company will release its earnings for the fourth quarter and full year 2010, which ended December 31, 2010, on Tuesday, February 22 after the close of markets. The regularly... 

Universal Lubricants Expands to Meet Growing Demand for Cleaner, Greener Re-Refined Oil

One of the country’s oldest lubricant manufacturing and distribution companies, Wichita’s Universal Lubricants (UL) established in 1929, is poised for double-digit growth for the foreseeable future thanks to a technologically advanced and highly capable re-refinery, and efficiencies gained through its environmentally-friendly closed-loop... 

Chevron profit climbs, but reserves data weigh

Chevron Corp’s 72 percent rise in quarterly profit easily beat Wall Street forecasts, but anemic growth in its oil reserves disappointed investors and its shares fell 1.5 percent. Like smaller rivals ConocoPhillips and Occidental Petroleum Corp, earnings at the second-largest U.S. oil company were lifted by the strength of oil prices. But Chevron...