Business News Archive - July 29, 2010

THE HAGUE, Netherlands, July 29, 2010 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend in respect of the second quarter of 2010 of US$0.42 per A and B ordinary share, equal to the US dollar dividend for the same quarter last year. Dividends declared on A ordinary shares ("A shares") will be paid by default in euro, although holders of A shares will be able to elect to receive dividend in pounds sterling.

HOUSTON, July 29 /PRNewswire-FirstCall/ -- Endeavour International Corporation (NYSE-Amex: END) (LSE: ENDV) will host a conference call and web cast to discuss its 2010 second quarter financial and operating results on Thursday, August 5, 2010 at 9 a.m. Central Daylight Time, 3 p.m.

LONDON, July 29, 2010 /PRNewswire-FirstCall/ -- Peter Voser, Chief Executive Officer of Royal Dutch Shell, will host a live audio webcast of the group's Second Quarter Results 2010 today, Thursday July 29 2010. The live media event will be at 0900BST (1000 CEST / 0400 EDT), followed by a live analyst event at 1330BST (1430 CEST / 0830 EDT). Both events will be live on http://www.cantos.com/company/Royal%20Dutch%20Shell with on-demand replays available later in the day. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives.

NEW YORK, July 29 /PRNewswire/ -- Mining Indaba LLC has secured Niall Ferguson, economic historian and bestselling author of Ascent of Money: A Financial History of the World to be a keynote speaker at the 17th annual Investing in African Mining Indaba.

Company provides update on Ezulwini mine plan, updated guidance on cash flow to execute on capital programs and achieve business milestones * All amounts in US dollars unless otherwise noted Summary* - Ezulwini Mine gold production increased 88% over Q4 2010 - MWS gold recovery exceeded Q1 2011 planned production by 65% - South African government approved Water Use License for MWS - New Ezulwini management in place; ramp-up plan finalized - Confirmed stability of MWS #5 tailings dam is sufficient to support planned production increase in October 2010 - Ezulwini Mine to be cash flow positive before capital by December 2010, cash flow positive after capital by March 2011 - Current cash reserves sufficient to meet funding requirements at planned economic assumptions. TORONTO and JOHANNESBURG, July 29 /PRNewswire-FirstCall/ - First Uranium Corporation (TSX:FIU, JSE:FUM) ("First Uranium" or "the Company

TORRANCE, Calif., July 29 /PRNewswire/ -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced that Lexus intends to conduct a voluntary safety recall of approximately 39,000 2003-2007 Model Year LX 470 vehicles to address a steering shaft condition.

TORRANCE, Calif., July 29 /PRNewswire/ -- Toyota Motor Sales (TMS), U.S.A., Inc., today announced that it intends to conduct a voluntary safety recall involving approximately 373,000 2000-2004 Model Year Toyota Avalons sold in the United States to address the possibility that the vehicle's steering lock bar could break under certain conditions.

THE HAGUE, July 29, 2010 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) today announced the appointment of Guy Elliott, Chief Financial Officer of Rio Tinto since 2002, as non executive director and member of the Audit Committee of the Board, with effect from 1st September 2010. Mr Elliott will together with other directors stand for election at the Annual General Meeting in 2011.

HAIFA, Israel, July 29, 2010 /PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("ESL") announced today, further to its announcement of July 15, 2010 regarding the issue of a cash tender offer by its wholly-owned subsidiary, Elbit Security Systems Ltd.

- Royal Dutch Shell's second quarter 2010 earnings, on a current cost of supplies (CCS) basis, were $4.5 billion compared to $2.3 billion a year ago.

Word of the Day
  • Emitting flashes of light; glittering.
The word 'coruscant' comes from a Latin word meaning 'to flash' or 'to sparkle'.