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Business News Archive - April 16, 2010

SHANGHAI, April 16 /PRNewswire/ -- China Eastern Airlines today announced its intention to join the SkyTeam Airline Alliance.

LONDON, April 16 /PRNewswire/ -- Globeleq Generation Limited, the emerging markets power company, has signed with the EDF Group an agreement to acquire an additional interest in the Azito gas-fired power plant near Abidjan in Cote d'Ivoire. The company has agreed to acquire EDF Group's 32.85% interests in Azito, including its 50% interest in the related operating company responsible for the operation and maintenance of the plant.

SHANGHAI, April 16 /PRNewswire-FirstCall/ -- Delta Air Lines (NYSE: DAL) today issued the following statement in support of China Eastern's signing of a memorandum of understanding to join the SkyTeam global airline alliance.

TIANJIN, China, April 16 /PRNewswire-Asia-FirstCall/ -- China New Energy Group Company (OTC Bulletin Board: CNER) ("China New Energy" or the "Company"), a natural gas network developer and distributor of natural gas to residential, industrial, and commercial users in small and medium sized cities in China, announced its financial results for the twelve months ended December 31, 2009. Full Year 2009 Highlights -- Revenue increased 114.4% to $11.8 million compared to 2008 -- Gross profit increased 139.8% to $8.6 million -- Gross margin increased 780 basis points to 73.5% -- Operating income increased 214.1% to $4.9 million -- Operating margin increased to 42.0% from 28.7% -- Net income from continuing operations was $6.8 million, or $0.04 per diluted share, compared to a net loss from continuing operations of $1.6 million, or ($0.09) per diluted share, last year -- Adjusted net income from continuing operations, which excludes the no

UNTERGRUPPENBACH, Germany, IRAPUATO, Mexico, and MODUGNO, Italy, April 16 /PRNewswire/ -- At the Getrag plants Modugno / Bari und Irapuato, the serial production of the youngest member of the Getrag Powershift family has commenced.

LONG BRANCH, N.J., April 16 /PRNewswire/ -- J.F. Kiely Construction Co. recently appointed Andrew Thomson to head up its health and safety department. "Fresh off a long-term health and safety project at the Pentagon, Mr.

WASHINGTON, April 16 /PRNewswire-USNewswire/ -- More than 1,900 jobs activists in 48 states will take part in a novel deliberative process aimed at crafting a 16-point plan to reverse the U.S. jobs crisis.

MAUMEE, Ohio and LOHR, Germany, April 16 /PRNewswire-FirstCall/ -- Dana Holding Corporation (NYSE: DAN) and Bosch Rexroth AG announced today that they expect to form a 50-50 joint venture to co-develop and manufacture advanced drive transmissions for the off-highway market.

DALLAS, April 16 /PRNewswire-FirstCall/ -- On Friday, April 23, Southwest Airlines Customers will have the ability to book Unaccompanied Minors (UMs) on southwest.com! Currently, Customers booking UM travel must complete their transaction and fill out the necessary paperwork once they arrive at the airport.

Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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