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Business News Archive - March 17, 2008

With gas prices consistently exceeding $3 per gallon, concerns about the environment and energy security worries, petroleum producer's have been on the defensive in recent years.

The Dubai International Airport has announced that a new type of instrument landing system, CAT IIIA, has been installed and is operational at the airport following the approval given by the General Civil Aviation Authority.

Dynamic Offshore Resources LLC, a Houston-based oil and gas company created to acquire and develop producing properties in the Gulf of Mexico, and its affiliate, Moreno Group Holdings, LLC, have together closed the previously announced transaction to purchase a combined 75 percent interest in SPN Resources LLC for $165 million.

Ampco System Parking, a wholly owned subsidiary of ABM Industries Incorporated (NYSE:ABM), has been awarded a multiyear, multimillion-dollar contract with Dallas / Fort Worth (DFW) International Airport's Terminal Link.

Fortress Financial Group, Inc. (PINKSHEETS: FFGO) confirms that Hunt Gold Corporation has today announced the appointment of Mr. Michael G Saner to its Board of Directors as that Company's Chief Executive Officer and that Mr. Ronald Y.

Word of the Day
callithump
  • A somewhat riotous parade, accompanied with the blowing of tin horns, and other discordant noises; also, a burlesque serenade; a charivari.
'Callithump' is a back-formation of 'callithumpian,' a 'fanciful formation' according to the Oxford English Dictionary. However, the English Dialect Dictionary, says 'Gallithumpians' is a Dorset and Devon word from the 1790s that refers to 'a society of radical social reformers' or 'noisy disturbers of elections and meetings.'
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