Business News Archive - May 01, 2009

HOUSTON, May 1 /PRNewswire-FirstCall/ -- Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) today reported discretionary cash flow for first quarter 2009 of $23.4 million and adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) of $17.9 million.

TORRANCE, Calif., May 1 /PRNewswire/ -- Trident Space & Defense has opened a European Office in Fareham, UK, to provide program management, engineering and customer support for its European customers, as well as increasing its ability to source European manufactured components. (Logo: http://www.newscom.com/cgi-bin/prnh/20090501/LA09255LOGO) Trident, formerly TRW Components International Inc., was established in 1976 as a subsidiary of TRW Inc., now Northrop Grumman Corporation, and has successfully provided parts and engineering solutions for space, military and industrial markets worldwide for over 33 years.

LONDON, May 1 /PRNewswire-FirstCall/ -- Chevron Europe, Eurasia and Middle East, an affiliate of Chevron Corporation, today announced that it has successfully bid for the exploration rights in nine blocks awarded in the 20th Norwegian Licensing Round. The blocks are located in the Outer Voring Basin in the Norwegian Sea, approximately 155 miles (250 kilometers) west of the coast of Kristiansund, in 3000 feet (1000 meters) of water.

ALEXANDRIA, Va., May 1 /PRNewswire-USNewswire/ -- More than 30 of the nation's leading van lines and independent movers today set aside competing rivalries in a show of unity behind a new industry certification program to give consumers a reliable starting point when choosing a moving company. (Logo: http://www.newscom.com/cgi-bin/prnh/20090501/DC09002LOGO) The solidarity behind the American Moving & Storage Association's ProMover(SM) program was evidenced by a full-page advertisement in USA Today, the largest-circulation newspaper in the United States.

Critically endangered, rarest of all great apes receives increased attention in the Year of the Gorilla BUEA, SW Cameroon, May 1 /PRNewswire/ -- Following the declaration of 2009 as the Year of the Gorilla, the African Conservation Foundation (ACF) and the Environment and Rural Development Foundation (ERuDeF) are launching a special campaign aimed at raising awareness about the plight of the Cross River Gorilla. The Cross River Gorilla Campaign assists the international efforts of the Great Ape Survival Project (GRASP) to secure a long-term viable future for great apes in the wild.

Community remains No.1 for second year and Focus' Providence moves up in ranking LAS VEGAS, May 1 /PRNewswire/ -- Mountain's Edge, a 3,500 acre master-planned community located in southwest Las Vegas, recently was ranked by RCLCO (formerly Robert Charles Lesser & Co., LLC), a leading independent real estate advisory firm, as the top selling master-planned community in the United States in 2008.

- Lower operating expenses and financing benefits are positive drivers - U.K.

PITTSBURGH, May 1 /PRNewswire/ -- In response to corporate demand for establishing and growing military recruiting programs, G.I. Jobs (www.gijobs.com) has released some data from its recent benchmark report.

Public demand for premium used equipment demonstrated at CA$93 million (US$78 million) auction EDMONTON, May 1 /PRNewswire-FirstCall/ - Ritchie Bros.

Reaffirms Annual Earnings Outlook - Results In-Line with Business Plan - Solid Liquidity Position Enhanced - Business Initiatives Continue to Progress MERRILLVILLE, Ind., May 1 /PRNewswire-FirstCall/ -- NiSource Inc.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.