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Business News Archive - October 01, 2009

MOLINE, Ill., Oct. 1 /PRNewswire-FirstCall/ -- The United Auto Workers and Deere & Company (NYSE: DE) announced today that negotiators have reached a tentative agreement on terms of a new six-year contract covering approximately 9,500 employees and 17,000 retirees.

ST. LOUIS, Oct. 1, /PRNewswire-FirstCall/ -- Arch Coal, Inc. (NYSE: ACI) today announced that it has completed the acquisition of Rio Tinto's Jacobs Ranch mine for a purchase price of approximately $764 million, which includes an estimate for working capital adjustments.

TULSA, Okla., Oct. 1 /PRNewswire-FirstCall/ -- American Natural Energy Corporation ("ANEC") (TSX Venture: ANR.U) announced it has completed the repurchase of the outstanding 8% Secured Debenture debt and accrued interest totaling $3.7 million previously announced on July 23, 2009.

JOHANNESBURG, October 1 /PRNewswire-FirstCall/ -- Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today confirmed that production and costs for Q1 F2010 is in line with the guidance provided on 6 August 2009.

LONDON, Oct. 1 /PRNewswire/ -- The global electric vehicles (EV) market is expected to revolutionise the automotive industry, ushering in a plethora of new technologies, innovative business models, and new entrants.

LAFAYETTE, La., Oct. 1 /PRNewswire-FirstCall/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that the Company's bank group has completed its semi-annual re-determination of its borrowing base under its credit facility.

LONDON, Oct. 1 /PRNewswire/ -- With billions already overspent on defence purchases and major budget cuts looming on the horizon, the UK Ministry of Defence (MoD) must urgently reassess its defence capabilities.

LUFKIN, Texas, Oct. 1 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) today announced that it will release its third quarter 2009 financial results before the market opens on Wednesday, October 14.

781.5 MW project spans nearly 100,000 acres CHICAGO, Oct. 1 /PRNewswire-USNewswire/ -- Today, E.ON Climate and Renewables (EC&R) announced the completion of the world's largest wind farm near Roscoe, Texas.

Word of the Day
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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