Business News Archive - July 31, 2009

PARIS, July 31 /PRNewswire-FirstCall/ -- The purpose of this paper is to describe the objectives and conditions of the Company's new share buy-back programme in accordance with Articles 241-1 et seq.

MOORESTOWN, N.J., July 31 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) Aegis Ballistic Missile Defense (BMD) System today destroyed a ballistic missile target in an at-sea firing under operationally realistic conditions. The event also successfully demonstrated two new capabilities on other ships.

LONDON, July 31 /PRNewswire-FirstCall/ -- Mining giant Anglo American says cost cutting initiatives and investment in three key projects mean it is well placed to benefit when the market returns to growth. In an interview with online business broadcaster cantos.com, Anglo's CEO Cynthia Carroll said: "I think Anglo is delivering on its promises.

TAMPA, Fla., July 31 /PRNewswire/ -- Clarisse, the popular line of evening wear and prom dresses, provided the winning gowns for Miss Galaxy-UK and Miss Teen Galaxy-UK 2009/10. These prestigious competitions are the most prominent pageants in the United Kingdom.

XINYU CITY, China and SUNNYVALE, Calif., July 31 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, announced today that it will hold its annual general meeting of shareholders at 10:00 a.m.

BARKING SANDS, KAUAI, Hawaii, July 31 /PRNewswire-USNewswire/ -- On July 30th, off the north west coast, a few hundred miles from Kauai on a breezy warm afternoon, the USS Hopper ( DDG 70 ) destroyer successfully tracked, discriminated and intercepted an ARAV ballistic missile target in its ascent phase.

DUDINGEN, Switzerland, July 31 /PRNewswire/ -- At the International Cheese Awards 2009 in Nantwich (Cheshire, England) July 28/29th Von Muhlenen's "Le Gruyere Premier Cru" was awarded "The Supreme Champion Overseas", as previously won in 2006, from an array of entries from 24 different countries.

PITTSBURGH, July 31 /PRNewswire-FirstCall/ -- Portec Rail Products, Inc. (Nasdaq: PRPX) today announced unaudited net income of $2,203,000 or $0.23 per share for the three months ended June 30, 2009, and $3,339,000 or $0.35 per share for the six months ended June 30, 2009.

JIASHAN, China, July 31 /PRNewswire-Asia-FirstCall/ -- ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL) (AIM: SOLA), a leading global manufacturer of solar wafers, is pleased to announce that all resolutions proposed to shareholders at the Company's 2009 annual general meeting held today were duly passed.

PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, July 31, 2009 /PRNewswire/ -- A Raytheon Company (NYSE: RTN) Standard Missile-3 destroyed a short-range ballistic missile target in space July 30.

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.