Business News Archive - March 05, 2009

LONDON, March 5 /PRNewswire/ -- The gas turbine market is expected to be quite resilient despite economic slowdown and persisting credit problems in global financial markets.

ROSH HA'AYIN, Israel, March 5 /PRNewswire-FirstCall/ -- BVR Systems (1998) Ltd.

- Airline Offers Low Fares to Sunshine State for Ohio Residents - ORLANDO, Fla., March 5 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc.

FRANKFURT, Germany, March 5 /PRNewswire-FirstCall/ -- In fiscal year 2008 the Fraport airport company again achieved growth in revenue, which increased by 3.8 percent after adjusting for special effects. In absolute terms, revenue declined by 9.8 percent to EUR2.1 billion.

- Full-Year Operating Cash Flow up 32% - Full-Year Production up 11% - Quarterly Production Record of 22,674 BOE/d - Pro Forma Reserve Replacement of 161% DENVER, March 5 /PRNewswire-FirstCall/ -- Venoco, Inc.

BAODING, China, March 5 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or "the Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that three of its PRC subsidiaries have received new short-term loans totaling RMB 420 million from domestic banks and an affiliate of the Company. Of these new loans, Baoding Tianwei Yingli New Energy Resources Co., Ltd. received a loan of RMB 180 million from Shijiazhuang City Commercial Bank, and Yingli Energy (China) Co., Ltd.

LAKE OSWEGO, Ore., March 5 /PRNewswire-FirstCall/ -- The Greenbrier Companies (NYSE: GBX) disclosed today it is in discussions with General Electric Railcar Services Corporation ("GE") concerning potential modifications to a long-term contract for GE's purchase of 11,900 newly built tank and covered hopper cars over an eight-year period.

Sharp and Witty New Line Brings Newspapers' Fastest-Growing Comic Panel to Greeting Card Aisle CHICAGO, March 5 /PRNewswire/ -- Clean up needed in the greeting card aisle? Recycled Paper Greetings' (RPG) exclusive introduction of "The Argyle Sweater" collection brings with it guaranteed laugh-until-it-hurts humor.

HOUSTON, March 5 /PRNewswire-FirstCall/ -- Harvest Natural Resources, Inc. (NYSE: HNR) today announced 2008 fourth quarter and year-end earnings.

2008 Reserves Increased 86 Percent and Production Increased 129 Percent DENVER, March 5 /PRNewswire-FirstCall/ -- Teton Energy Corporation ("Teton" or "the Company") (Nasdaq: TEC) today announced that for the fourth quarter of 2008, operating revenues from oil and gas sales increased 53 percent from the fourth quarter of 2007 to $4.9 million and operating cash flow from oil and gas activities increased 40 percent to $2.8 million.

Word of the Day
  • a slit in a tire to drain away surface water and improve traction.
The word 'sipe' comes from Old English and is related to 'seep'.