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Business News Archive - January 28, 2010

BANGKOK, Jan. 28 /PRNewswire/ -- Thai Airways International Public Company Limited won the prestigious "Suriyasasithorn" calendar design awards for 2010 in two categories: Best General Notebook Calendar and Best Creativity and Design.

PARIS, January 28 /PRNewswire-FirstCall/ -- Saft, leader in the design, development and manufacture of high- end batteries for industry and defence, announces its sales for the fourth quarter and the year ended 31 December 2009. Sales highlights - Q4 2009 sales were EUR148.7m, an 8.9% reduction YoY as reported, and a 6.0% reduction YoY at constant exchange rates. - Improved performance from Q3 2009 when the sales reduced by 13.2% at constant exchange rates. - Full year 2009 sales were EUR559.3m, an 8.2% reduction YoY as reported, and a 9.6% reduction at constant exchange rates. - Full year sales were in line with new guidance confirmed in early November 2009. John Searle, Chairman of the Management Board, commented: "I am pleased with Saft's sales performance during Q4 2009 which is showing the first signs of a recovery and which was overall a marked improvement from the previous quarters.

LONDON, Jan. 28 /PRNewswire/ -- Emission & Power Solutions, Plc ("EPS", "the Company"), a clean tech company, announced today that it signed a new distributor for territories in New Zealand and the territories of New South Wales and Victoria in Australia.

FORT SMITH, Ark., Jan. 28 /PRNewswire-FirstCall/ -- Arkansas Best Corporation (Nasdaq: ABFS) today announced a fourth quarter 2009 net loss of $88.7 million, or $3.54 per share.

SHENZHEN, China, Jan. 28 /PRNewswire-Asia-FirstCall/ -- China BAK Battery, Inc.

LOS ANGELES, Jan. 28 /PRNewswire/ -- The Annenberg Foundation is pleased to announce the upcoming exhibit at the Annenberg Space for Photography, tentatively entitled "WATER: OUR THIRSTY WORLD" in partnership with National Geographic Magazine.

Word of the Day
humgruffin
  • A terrible or repulsive person.
Regarding the etymology of 'humgruffin,' the OED says (rather unhelpfully) that it's a 'made-up word.' We might guess that 'hum' comes from 'humbug' or possibly 'hum' meaning 'a disagreeable smell,' while 'gruffin' could be a combination of 'gruff' and 'griffin.'