Business News Archive - July 28, 2010

SANTA ANA, Calif., July 28 /PRNewswire-FirstCall/ -- Hirsch Electronics, a manufacturer of integrated security and identity management solutions and a business unit of Identive Group, Inc. (Nasdaq: INVE, FSE: INV), today confirmed the award of $4 million in orders to supply U.S.

LONDON, July 28, 2010 /PRNewswire-FirstCall/ -- In a video interview with financial broadcaster http://www.cantos.com, BAT CEO Paul Adams points to growing market share, improving volume trends and good pricing momentum as evidence that the business is in good shape, delivering good profits and set fair for the full year. It's a view echoed by his FD Ben Stevens who highlights good growth in operating margins and very strong cash generation.

HOUSTON, July 28 /PRNewswire-FirstCall/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that effective immediately, Martin Craighead is promoted to the position of President and Chief Operating Officer (COO). "Martin's leadership has been a major factor in the successful implementation of the geomarket reorganization and in executing our strategy to achieve long-term profitable growth," said Chad Deaton, Chairman and Chief Executive Officer of Baker Hughes Incorporated.

NEW YORK, July 28 /PRNewswire/ -- RecycleBank, the premier green rewards program that motivates people to take environmental actions, announced today that veteran media and Internet executive Jonathan Hsu has been named Chief Executive Officer of the Company. Mr.

PARIS, July 28, 2010 /PRNewswire-FirstCall/ -- - Containerized Lithium-ion Energy Storage Battery Marks Major Step in Viability of Renewable Energy Sources Saft has announced a three-year deal to work with Spain's Acciona Energia SA as part of a Eurogia+ labelled project aimed at improving the viability of photovoltaic and other renewable energy source power plants.

ESPOO, Finland, July 28, 2010 /PRNewswire-FirstCall/ -- KONE, an innovative leader in the elevator and escalator industry, has become the very first company in its industry to reach the A class energy rating from the VDI 4707 classification rating for its KONE MonoSpace(R) elevators*.

AMSTERDAM, July 28, 2010 /PRNewswire/ -- International Endesa BV (IEBV) has published its half year report of 2010. During the first six months of 2010, IEBV earned 2,063,575 euros.

DOWNERS GROVE, Ill., July 28 /PRNewswire-FirstCall/ -- Steel tubular manufacturer TMK IPSCO announced today that it will open a Sales Office in Calgary, Alberta Canada on August 2, 2010.

DENVER, July 28 /PRNewswire-FirstCall/ -- Newmont Mining Corporation (NYSE: NEM) ("Newmont" or the "Company") today announced second quarter adjusted net income(1) of $377 million ($0.77 per share) compared to $211 million ($0.43 per share) in the prior year quarter.

Word of the Day
  • The horn of a unicorn considered as a medical or pharmacological ingredient.
  • A winged horse with a single horn on its head; a winged unicorn.
The word 'alicorn' comes from Italian alicorno, already associated with unicorns and reinterpreted, popularized by Bearing an Hourglass (1984) and other fantasy novels by Piers Anthony.