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Business News Archive - February 19, 2010

PARIS, February 19, 2010 /PRNewswire-FirstCall/ -- Saft, leader in the design, development and manufacture of high-end batteries for industry and defence, announces its certified earnings for the full year ended 31 December 2009. Results highlights - Full year 2009 sales of EUR559.3m, down 9.6% YoY at constant exchange rates (- 8.2% as reported); - First signs of recovery seen in Q4 in several markets; - EBITDA margin maintained (excluding the impact of Jacksonville) at 18.1% of sales, or EUR101.0m, in line with guidance; - EBIT margin (excluding the impact of Jacksonville) at 12.4% of sales, or EUR69.4m, compared with EUR80.8m in 2008; - Net income of EUR28.9m, compared with EUR35.1m in 2008 (-17.7%); - Earnings per share of EUR1.50 in 2009 compared with an adjusted earnings per share of EUR1.71 in 2008; - Strong cash generation from operating activities, up EUR11.8m (14.4%) YoY; - An unchanged dividend of EUR

PARIS, February 19, 2010 /PRNewswire-FirstCall/ -- - The World's Largest Hybrid Wind/Diesel Project on the Island of Bonaire Will Rely on Saft's 3 MW Energy Storage System for Backup Power to Ensure Grid Stability and Continuity of Supply Saft, the world specialist in the design and manufacture of high-tech batteries for industry and defence, is currently delivering a major contract for a 3 MW energy storage system that will ensure a continuous supply of grid electricity from the world's largest hybrid wind/diesel power project to date, on the Caribbean island of Bonaire.

LONDON, Feb. 19 /PRNewswire-FirstCall/ -- The Injury Lawyers, the UK's leading personal injury claims lawyers, has launched a staunch defence of the industry. It follows accusations from car insurers that no win no fee claims lawyers are depriving insurers of profits*.

HOUSTON, Feb. 19 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced that the Company's Chief Executive Officer, Walter G. "Gil" Goodrich and President, Robert C.

DENVER, Feb. 19 /PRNewswire-FirstCall/ -- Vista Gold Corp. ("Vista" or the "Company") (TSX & NYSE Amex Equities: VGZ) announced today that its wholly owned Mexican subsidiary, Minera Paredones Amarillos S.A. de C.V.

GAINESVILLE, Fla., Feb. 19 /PRNewswire/ -- New products typically get better with time and there is always room for improvement, no matter how efficient or useful a product may be when it first debuts.

JACKSONVILLE, Fla., Feb. 19 /PRNewswire-FirstCall/ -- Interline Brands, Inc.

Word of the Day
cacodemon
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'
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