Fuel Systems Solutions, Inc. through its wholly owned subsidiary IMPCO Technologies, Inc. and Alternative Fuel Systems announced that they have entered into a support agreement pursuant to which IMPCO has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of AFS for Cdn.$0.50 in cash per share (the “Offer”). The purchase price under the Offer represents a 66.7% premium over the average closing price... Read more..
ATP Oil & Gas Corporation (NASDAQ:ATPG – News) announced that its board of directors declared a quarterly cash dividend on its 8.0% Cumulative Convertible Perpetual Preferred Stock. The dividend rate is $1.97 per share and is payable on April 1, 2011 to shareholders of record at the close of business on March 15, 2011. Read More →
Petro One Energy Corp. announced that the Board of Directors had approved the adoption of a shareholder protection rights plan (the “Plan”), also known as a “poison pill”. The fundamental objectives of the Plan are to provide adequate time for the Board of Directors and shareholders to assess the merits of any unsolicited take-over bid, to provide the Board of Directors with sufficient time to explore and develop alternatives... Read more..
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 scheduled call with shareholders and analysts will be open to listeners who may log in through the... Read more..
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) and Regal are pleased to announce that they have reached agreement on the terms of a revised, increased,... Read more..
Brownstone Ventures Inc. is pleased to announce that it has changed its name to Brownstone Energy Inc., effective January 18, 2011. The name change has been accepted by the TSX Venture Exchange and was previously approved by the company’s shareholders. The company’s shares will commence trading on the TSX Venture Exchange under the new name at the opening of business on January 18, 2011. The company’s trading symbol remains unchanged... Read more..
Voyager Petroleum Inc. , an emerging leader in eco–friendly processing and oil distribution today announced the execution of a definitive agreement formalizing the acquisition of Scrap USA, LLC. The effectiveness of this acquisition is subject to satisfaction of standard terms, none of which is expected to impede effectiveness. As part of the terms of this transaction Sebastien DuFort resigned his positions with Voyager and was replaced by Vincent... Read more..
The Board of Directors of FirstEnergy Corp. (NYSE:FE – News) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock and provided contingent dividend payment scenarios to reflect possible timing of the completion of FirstEnergy’s pending merger with Allegheny Energy, Inc. “Depending on the timing of the merger and other factors, shareholders may receive two separate dividend payments that... Read more..
Sunrise Consulting Group, Inc. announced today that the company has successfully filed its current financial statements through Nov 30, 2010. Sunrise Consulting Group, Inc is one step away from being elevated to the “Current Information” status with PinkSheets. As previously stated, the company expects to file the final required documentation with PinkSheets no later than December 22, 2010 so that the company can be upgraded to the “Current... Read more..