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2014-10-15 20:21:11

CALGARY, Oct. 15, 2014 /CNW/ - Parallel Energy Trust (TSX: PLT.UN, PLT.DB) confirms that its cash distribution to be paid on November 21, 2014, in respect of the period from and including October 1, 2014 to October 31, 2014, to unitholders of record on October 31, 2014 will be $0.05 per trust unit. The ex-distribution date is October 29, 2014. ABOUT PARALLEL ENERGY TRUST Established in March 2011, Parallel Energy Trust ("Parallel" or the "Trust") is a Calgary-based...

2014-10-15 12:24:04

BIRMINGHAM, Ala., Oct. 15, 2014 /PRNewswire/ -- The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock and preference stock as follows: Preferred Stock ($100 Par Value) --------------- 4.20% - $1.05 per share 4.52% - $1.13 per share 4.60% - $1.15 per share 4.64% - $1.16 per share 4.72% - $1.18 per share 4.92% - $1.23 per...

2014-10-15 12:23:44

- Virginia Power also declares pro-rata dividend payouts on soon-to-be redeemed preferred stock RICHMOND, Va., Oct. 15, 2014 /PRNewswire/ -- The board of directors of Dominion (NYSE: D) has declared a quarterly dividend of 60 cents per share of common stock. Dividends are payable on Dec. 20, 2014, to shareholders of record at the close of business Nov. 28, 2014. This is the 347th consecutive dividend that Dominion or its predecessor company has paid holders of common stock. The...

2014-10-15 08:24:04

HOUSTON, TX, Oct. 15, 2014 /PRNewswire/ - Letter from President to Shareholders Dear Fellow Shareholders, As you are currently aware Well Power, Inc. (the "Company") has entered into a licensing arrangement, (8-K filed January 22, 2014) with Canadian based ME Resource Corp, (MEC - CSE) owner of the MRU technology, Gas to Liquids conversion and associated intellectual property. We would like to thank our shareholders for their continued support and patience. Management is putting...

2014-10-15 04:21:06

DENVER, Oct. 15, 2014 /PRNewswire/ -- Burleson LLP, a full-service law firm devoted primarily to the oil and gas industry, will host a new seminar on Oct. 21 titled M&A Mid-market Outlook: Insights from the Dealmakers as part of its ongoing educational series. It will be held from 11:30 a.m. to 1 p.m. at the Denver Athletic Club. http://photos.prnewswire.com/prnvar/20130108/DA38500LOGO The complimentary event, which will include lunch, will cover a range of topics, including...

2014-10-14 16:28:56

TOKYO and SAN DIEGO, Oct. 14, 2014 /PRNewswire/ -- On Friday October 10, U.S. Eastern Time, Daiichi Sankyo Company, Limited (hereinafter, Daiichi Sankyo) (TSE: 4568), through its wholly-owned U.S. subsidiary, Charge Acquisition Corp., launched a tender offer to acquire the outstanding common stock of Ambit Biosciences Corporation (hereinafter, Ambit Biosciences) (NASDAQ: AMBI) for $15.00 per share plus one non-transferable contingent value right per share that will entitle the holder...

2014-10-14 12:35:23

BENTON HARBOR, Mich., Oct. 14, 2014 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today that its wholly owned subsidiary, Whirlpool Italia Holdings S.r.l., acquired a 56 percent stake in Indesit Company S.p.A. (BIT: IND), representing 61.9 percent of the voting stock of Indesit. Whirlpool acquired the shares under two share purchase agreements entered into on July 10 with Fineldo S.p.A. and members of the Merloni family. The acquisitions bring Whirlpool's stake in...

2014-10-14 08:28:03

NEW YORK, Oct. 14, 2014 /PRNewswire/ -- Tribune Media Company (OTC:TRBAA) today announced that its Board of Directors has authorized a stock repurchase program, under which the Company may repurchase up to $400 million of its outstanding Class A common stock. "Our Board of Directors and senior management strongly believe that Tribune Media's free cash flows, growth prospects and long-term strategy are not reflected by the company's current stock price," said Peter Liguori, Tribune...

2014-10-13 12:30:24

Acquisition indicates new phase of growth for leading provider of transaction processing services and payment technologies NEW YORK, Oct. 13, 2014 /PRNewswire/ --TransFirst Inc., a leading provider of secure payment processing, announced today that it will be acquired by Vista Equity Partners ("Vista"), a leading private equity firm focused on software, data and technology-enabled businesses. The acquisition will allow TransFirst to enter a new phase of growth focused on their end to...

2014-10-10 16:26:22

BUENOS AIRES, Argentina, Oct. 10, 2014 /PRNewswire/ -- Nortel Inversora S.A. (NYSE: NTL) ("Nortel" or the "Company") (NTL) holding company of Telecom Argentina S.A., announces that during its meeting held today, the Board decided to deduct an amount from the "Voluntary Reserve for the Future Distribution of Dividends", pursuant to the powers granted by the Annual and Extraordinary General Stockholders' Meetings held on April 27, 2012, April 26, 2013 and April 29, 2014. The Board has...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.