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Business News Archive - November 11, 2008

The aviation industry must accelerate implementation of advanced airspace management technologies to counteract pressure from a public increasingly concerned about the environment.

Seabury Group LLC ("Seabury") today announced that it has formed a Hong Kong subsidiary, Seabury Aviation & Aerospace Asia (Hong Kong) Ltd. ("Seabury Asia") with its principal office in Hong Kong, and that aviation and shipping executive David Turnbull has joined as Chairman of that entity.

Callon Petroleum Company (NYSE: CPE) is issuing guidance for the full-year 2008. The guidance, found in the table below, is expressed in ranges for the detailed components.

Fitch Ratings has assigned an 'A+' rating to Lower Colorado River Authority's (LCRA), $300 million refunding and improvement revenue bonds, series 2008A. The Rating Outlook is Stable.

Callon Petroleum Company (NYSE: CPE) today reported results of operations for both the three and the nine-month periods ended September 30, 2008. Third Quarter and Nine Months 2008 Net Income.

Indy Park Ride & Fly and 1st Class Express Airport Parking, two offsite airport parking facilities servicing Indianapolis International Airport (IND), are proud to announce their recent merger and upcoming opening of the new Indy Park Ride & Fly on Wednesday, November 12th, 2008, in conjunction with the opening of the new Midfield terminal.

MUNICH, Germany, Nov. 11 /PRNewswire-FirstCall/ -- Integrated Silicon Solution, Inc. , a leader in advanced memory solutions, today announced a complete line of copper leadframe memories including SRAM, DRAM and EEPROM devices.

StatoilHydro (NYSE: STO, OSE: STL), the second largest natural gas supplier to Europe and Chesapeake Energy Corporation (NYSE: CHK), the largest US natural gas producer, today announced the signature of a strategic agreement to jointly explore unconventional gas opportunities worldwide.

As the search for alternative fuels continues, the Nordic Ecolabel today announced the first ecolabelled fuel. Methane from the Swedish company FordonsGas Sverige AB is the world's first ecolabelled fuel, having fulfilled the rigorous criteria of the Nordic Ecolabel.

Power Integrations (NASDAQ:POWI), the leader in high-voltage analog integrated circuits for energy-efficient power conversion, today announced additions to its extremely successful LinkSwitch family of AC/DC switched-mode power conversion ICs.

Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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