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Business News Archive - July 16, 2010

- Higher Operating Profit for 1st Half-Year: EUR 6 Million (1st Half-Year 2009: EUR 4 Million) - Profit for the 1st Half-Year up: EUR 2 Million (1st Half-Year 2009: Break Even) - 1st Half-Year Revenue up: EUR 625 Million (1st Half-Year 2009: EUR 601 Million) - Order Book Down in 1st Half-Year: EUR 1.7 Billion (end 2009: EUR 1.8 Billion) - Forecast Upheld: Operating Profit of Approximately EUR 10 Million to EUR 15 Million for 2010. Half-year report Key figures Half-Year Half-Year x EUR 1 million 2010 2009 2009 Revenue 625 601 1 384 EBIT 6 4 17 Margin 1.0% 0.7% 1.2% Profit before income tax 2 1 8 Profit for the period 2 - 6 Orderbook 1684 1910 1

GAINESVILLE, Fla., July 16 /PRNewswire/ -- E Cigarettes National, an online e cigarette retailer, has one of the lowest priced electronic cigarette kits currently on the market, but their products are also known to be some of the highest quality.

KENSINGTON, Md., July 16 /PRNewswire/ --Jack Fitzgerald got good news, bad news and great news this week. The good news is his Chrysler & Jeep franchises were reinstated by Chrysler in Florida. The bad news is he lost his Chrysler franchises in Maryland.

XI'AN, China, July 16 /PRNewswire-Asia-FirstCall/ -- China Power Equipment, Inc.

ATLANTA and HOUSTON, July 16 /PRNewswire-FirstCall/ -- Mirant Corporation (NYSE: MIR) and RRI Energy (NYSE: RRI) today announced that yesterday they each received a request for additional information from the United States Department of Justice (DOJ) regarding their proposed merger.

JERSEY CITY, N.J., July 16 /PRNewswire/ -- The best way to determine business credibility prior to purchase is through actual word-of-mouth customer referrals.

ST. MARYS, W.Va., July 16 /PRNewswire-FirstCall/ -- Trans Energy, Inc. (OTC Bulletin Board: TENG) announced today that it has entered into a forbearance agreement with its senior secured lender CIT Capital USA, Inc. ("CIT").

ARLINGTON, Va., July 16 /PRNewswire-FirstCall/ -- Stanley, Inc. (NYSE: SXE), a leading provider of systems integration and professional services to the U.S.

WUXI, China, July 16 /PRNewswire-Asia-FirstCall/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2009 with the Securities and Exchange Commission on July 15, 2010. The annual report on Form 20-F can be accessed on WSP Holdings' investor relations website at http://ir.wsphl.com .

CHICAGO, July 16 /PRNewswire/ -- The Building Owners and Managers Association of Chicago (BOMA/Chicago) announced today that it has appointed Beth Halat as director of member services and Lisa Bluhm as director of education, effective immediately.

Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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