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Business News Archive - March 12, 2010

NIEUWEGEIN, Netherlands, March 12, 2010 /PRNewswire-FirstCall/ -- - Operating Result in Line With Expectation: EUR 17 Million (2008: EUR 42 Million) - Forecast for 2010: Lower Operating Result of Between EUR 10 Million and EUR 15 Million - Revenue 3% Down: EUR 1.4 Billion - Increase in Order Book: EUR 1.8 Billion (2008: EUR 1.7 Billion) - Lower Profit: EUR 6 Million (2008: EUR 24 Million) - Financing Extended to 2014 and 2015 - Relative 2% CO2 Reduction Achieved Key figures x EUR 1 million 2009 2008 Revenue 1 384 1 426 EBIT 17 42 Margin 1.2% 2.9% Profit before income tax 8 31 Profit for the period 6 24 Orderbook 1 818 1 667 Shareholders' equity 162 168 Capital ratio 16% 17% Net financing position ( 92) ( 41) Results in

FUQING CITY, China, March 12 /PRNewswire-Asia-FirstCall/ -- China Clean Energy Inc.

FOLSOM, Calif., March 12 /PRNewswire/ -- Altergy Systems, announced today that its Freedom Power(TM) Systems turned the red carpet "green" at Sunday's 82nd annual Oscars® by supplying the first clean hydrogen fuel cell power systems used to power numerous applications at the Academy Awards® ceremonies.

COVINGTON, Ky., March 12 /PRNewswire-FirstCall/ -- Valley Forge Composite Technologies, Inc.

WEIFANG, Shandong, China, March, 12 /PRNewswire-FirstCall-Asia/ -- Yuhe International Inc.

CHANGZHOU, China, March 12 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, today announced that its subsidiary, Changzhou Trina Solar Energy Co., Ltd., has increased its yearly shipments to ENERQOS SPA ("ENERQOS"), a leading Italian photovoltaic system and solar power plant construction company headquartered in Monza with offices across Italy, France and Greece. Under the terms of the agreement signed in November 2009, Trina Solar is increasing its 2010 committed quantity to ENERQOS to 23 MW of PV modules in 2010 from 2 MW in 2009.

NEW YORK, March 12 /PRNewswire-FirstCall/ -- American Jianye Greentech Holdings, Inc., (OTC Bulletin Board: AJGH) (the "Company"), an alternative fuel company which develops, manufactures, and distributes alcohol-based automobile fuel products in the People's Republic of China, announced today that its wholly owned operating company, Heilongjiang New Clean Fuels Co., Ltd has opened an office and is completing the construction of a new clean fuels production plant in the North Industrial Area, Liaoning Province, Tieling City, China.

CINCINNATI, March 12 /PRNewswire/ -- USA Solar and Digital Communications Technologies LLC, aka Muzatch, gives the iPhone its much needed battery power boost, by developing the world's most powerful and smallest (9.8 oz) solar power station specifically for the Apple iPhone series as well as the new Smartphone, iPod and Nano.

SAO PAULO, March 12 /PRNewswire-FirstCall/ -- AES Tiete S.A. (Bovespa: GETI3 and GETI4; OTC: AESAY and AESYY) today announced its results for the year of 2009. Comments by Mr.

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.'