Business News Archive - February 25, 2010

PARIS, February 25, 2010 /PRNewswire-FirstCall/ -- 2009: solid results in line with objectives - Revenue: EUR12.3 billion, +0.6% at constant forex - EBITDA: EUR2,060m, -1.2% at constant forex, i.e.

UTRECHT, The Netherlands, February 25, 2010 /PRNewswire/ -- This year, the Dutch Railway Museum will be organising a major international exhibition on royal trains under the title: Royal Class, regal journeys.

SUNNYVALE, Calif., Feb. 25 /PRNewswire/ -- Applied Weather Technology, Inc.

LONDON, February 25, 2010 /PRNewswire-FirstCall/ -- In an interview on broadcaster http://www.cantos.com, BAT Chief Executive Paul Adams discusses the company's "excellent performance in 2009" and talks about why he is confident that BAT can still deliver in 2010. In further interviews, COO Nicandro Durante talks about brand and market performances around the world and FD Ben Stevens discusses the progress towards both the cost savings and margins targets BAT has set. The interview and transcript are available now on http://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives.

LONDON, February 25, 2010 /PRNewswire-FirstCall/ -- BBA Aviation, the flight support and aftermarket services company, said there were preliminary indications that it was through the worst of the market downturn as it announced "pleasing" revenues of GBP1.08bn for the full year, down just 7 per cent. A focus on cash generation in 2009 had resulted in free cash flow of GBP137.5m, up 78 per cent, with net debt reduced by GBP162.8m to GBP391.6m. The company said its Signature division returned to modest organic growth in the last quarter of 2009, but stressed the "nature and the profile" of the recovery remains unclear. In a video interview with broadcaster http://www.cantos.com, Simon Pryce, Chief Executive, said: "We certainly seem to be reaching the bottom of this cycle, with Signature beginning to see a pick-up in general aviation movements and flying hours in the last quarter of this year, and that's continued in the first few weeks of 2010.

ATLANTA, Feb. 25 /PRNewswire/ -- Led by a technologically advanced full hybrid model, the all-new, next-generation Porsche Cayenne sport-utility vehicle will debut at the Geneva motor show in early March.

MANCHESTER, England, Feb. 25 /PRNewswire/ -- Gold rose to record prices during 2009.

HSINCHU, Taiwan, Feb. 25 /PRNewswire-Asia-FirstCall/ -- Following the announcement made in Yokohama, Japan last October on "Green SELECT", dedicated to the building of an environmentally friendly low-carbon society, AU Optronics Corp.

BREA, Calif., Feb. 25 /PRNewswire/ -- Following the successful initial rollout of its 2010 Kizashi (pronounced "Kee-Zah-Shee"), American Suzuki Motor Corp.

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'.