Business News Archive - March 10, 2010

FRANKFURT, March 10, 2010 /PRNewswire/ -- - FRA Reports January-to-February Growth of 1.3 Percent The surge in airfreight tonnage at Frankfurt Airport (FRA) continued throughout February 2010.

TOWSON, Md., March 10 /PRNewswire-FirstCall/ -- On March 9, 2010, The Black & Decker Corporation (NYSE: BDK) issued a press release in which it stated, in part, that "Personal business relationships between individuals (as opposed to relationships with the company) generally are not relevant to the independence tests under the New York Stock Exchange rules because they do not create a material relationship between a director and the company." In discussions between representatives of the New York Stock Exchange ("NYSE") and Black & Decker after the issuance of the press release, representatives of the NYSE advised Black & Decker that, in interpreting its rules, the NYSE believes relationships between a director and a member of senior management that are material to either party should be considered by a board of directors in its evaluation of a director's independence. Stockholders of Black & Decker and The Stanley Works are referred to the press release of Black &

INDIANAPOLIS, March 10 /PRNewswire/ -- Allison Transmission, Inc., the premier global provider of commercial duty automatic transmissions and hybrid propulsion systems for On-Highway, Off-Highway, and Military vehicles announced that it has hired Edward L.

PARIS, March 10, 2010 /PRNewswire-FirstCall/ -- During an investor day organized today in Paris, Valeo presented its new strategic plan focused on CO2 emissions reduction and its medium-term financial objectives: - organic growth higher than that of automotive production in each region thanks to innovation and accelerated development in emerging markets; - determination to be a major player in the consolidation of the sector; - implementation of a new Group organization centered around 4 Business Groups to speed up growth and improve efficiency; - return on capital employed (ROCE[1]) objective of around 30% in 2013, among the best in the industry. Jacques Aschenbroich, the Group's Chief Executive Officer, declared: "Two major trends should drive growth in the automotive market in the next few years: CO2 emissions reduction and high growth in emerging markets.

LONDON, March 10, 2010 /PRNewswire-FirstCall/ -- - ViaLogy Technology Extended to Green Energy - Goal is Reduction of Exploration/Drilling Risks/Costs VIALOGY PLC ("VIALOGY") ViaLogy (LSE:VIY) announces signing of a contract with Enel North America, a subsidiary of Enel Green Power, the Enel Group company operating renewable energy sources in 14 countries, including the US. Enel Green Power is one of the world's leading players in the renewables industry and a global leader in geothermal power generation.

SAN ANTONIO, March 10 /PRNewswire-USNewswire/ -- Troop support powerhouse Soldiers' Angels is celebrating the grand opening of its first permanent, Angel-managed facility in support of America's service members, wounded, veterans, and their families with what is expected to be the largest exhibit on the war on terrorism since 2003, as seen through the eyes of America's heroes and those who support them. "Salute to Heroes and Angels" is an exhibit spotlighting America's military men and women who continue to serve in wartime, and the homefront patriots who help ensure they are loved and supported.

HAIFA, Israel, March 10, 2010 /PRNewswire-FirstCall/ -- - 2009 Revenues Increased by 7.4% YoY to $2,832 Million; - Net Profit of $215 Million and EPS of $5.00; - Backlog of Orders Over $5 Billion Elbit Systems Ltd.

MOUNTAIN VIEW, Calif., March 10 /PRNewswire/ -- Wedding Paper Divas (www.weddingpaperdivas.com), a leading online retailer of premium, personalized wedding stationery, is excited to announce the expansion of its already popular boutique-style customer service to include a dedicated personal shopper service.

MIAMI, March 10 /PRNewswire-FirstCall/ -- Infinity Auto Insurance announces a special promotion offering discounted gas to Miami drivers. The event takes place today between 11:00 a.m. - 2:00 p.m. at the Mobil Gas Station, located at S.W. 137th Avenue and S.W.

TORRANCE, Calif., March 10 /PRNewswire/ -- For the past 20 years, Toyota and NSTA have promoted science education in classrooms through the Toyota TAPESTRY Grants for Science Teachers Program, providing more than $9.2 million in grants and touching more than 1,147 teams of teachers and tens of thousands of students nationwide.

Word of the Day
  • A serpent whose bite was fabled to produce intense thirst.
The word 'dipsas' comes from a Greek word meaning 'thirst'.