Business News Archive - March 04, 2009

GENEVA, March 4 /PRNewswire/ -- A groundbreaking international conference will provide a forum for the worlds of energy, environmentalism and development to seek common ground on the challenges facing humanity, and also an unusual opportunity for top Iranian and Western energy officials to talk face to face. On March 16-17, 2009 the Energy Pact Foundation will be holding the Energy Pact Conference at the International Conference Centre Geneva.

HAIFA, Israel, March 4 /PRNewswire-FirstCall/ -- Frutarom Industries Ltd. (LSE: FRUT, TASE: FRUT, OTC:FTUTF, FRUTF.PK) announced today that it has signed an agreement to acquire the assets and business of the American Company Flavors Specialties Inc.

DARIEN, Ill., March 4 /PRNewswire-FirstCall/ -- A flood of misinformation can drown out the facts when you're trying to understand your insurance policies. Insure.com has rounded up the top car insurance myths and explains the reality: Myth: Red cars are the most expensive to insure.

America's #1 battery franchise hits #16 in its class in Franchise Business Review's Top 50 DALLAS, March 4 /PRNewswire/ -- Franchise Business Review, the industry leader in franchise market research, has named Interstate All Battery Center (IABC) to its prestigious annual Top 50 list for the second consecutive year, leaping to #16 of FBR's Top 50 franchises for midsize-class concepts after debuting on the list last year at #20.

Company Plans to Reduce Budget Requirements by Two Thirds While Working to Service Existing Sales Agreements ALISO VIEJO, Calif., March 4 /PRNewswire-FirstCall/ -- XsunX, Inc.

DENVER, March 4 /PRNewswire-FirstCall/ -- Double Eagle Petroleum Co. (Nasdaq: DBLE) announced today that the Company achieved record annual production for the year ended December 31, 2008 of 6.7 Bcfe, an increase of 123% over 2007 production of 3.0 Bcfe.

CALGARY, March 4 /PRNewswire-FirstCall/ - Compton Petroleum Corporation (TSX - CMT, NYSE - CMZ) reports estimated reserve volumes together with the net present value of its reserves as at December 31, 2008.

- Generates $5.7 million full year free cash flow - Fourth quarter revenues of $173.3 million, down 12.8% - Records $135.3 million goodwill impairment charge - Incurs $7.8 million charge for cost control measures and litigation costs HOUSTON, March 4 /PRNewswire-FirstCall/ -- U.S.

LONDON, March 4 /PRNewswire/ -- The Automotive & Transportation Group at Frost & Sullivan is pleased to announce its 2009 Quarterly Analyst Briefing Presentation on the Second Generation Advanced Driver Assistance Systems Market to be held on Wednesday, March 25, 2009 at 3.00 p.m. GMT.

LUDWIGSHAFEN, Germany, March 4 /PRNewswire/ -- The lead of a pencil is made out of the mineral graphite, which is one of the forms - or 'allotropes' - of the element carbon. Diamond is another. It's also made up of pure elemental carbon.

Word of the Day
  • The act of burning, scorching, or heating to dryness; the state or being thus heated or dried.
  • In medicine, cauterization.
The word 'adustion' comes from the Latin 'adustio', 'burning'.