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Latest Industrial Info Resources Stories

2008-11-14 09:00:30

Researched by Industrial Info Resources (Sugar Land, Texas) -- Having secured the necessary approvals for the acquisition of Imperial Energy Corporation plc (LSE:IEC) (London), India's ONGC Videsh Limited (OVL), the overseas investment arm of Oil & Natural Gas Corporation (BSE:500312) (New Delhi), is currently in the process of sending offer documents to the shareholders of Imperial Energy within the stipulated timeframe of 28 days. The Russian government has awarded consent for the ONGC...

2008-11-14 09:00:30

Researched by Industrial Info Resources (Sugar Land, Texas) -- At the end of 2008 Statkraft (Oslo, Norway) will become the largest producer of renewable energy in Europe. This will result from an asset swap with E.ON (OTC:EONGY) (Duesseldorf, Germany) in which Statkraft will take over power and district heating plants in Sweden, Germany and the United Kingdom. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at...

2008-11-13 09:00:31

Researched by Industrial Info Resources (Sugar Land, Texas) -- Investor-owned Ethanol Grain Processors (Rives, Tennessee), a subsidiary of Green Plains Renewable Energy Incorporated (NASDAQ:GPRE) (Omaha, Nebraska), has performed the ceremonial "first grind" this past weekend to start ethanol production at a new plant in Rives. The ethanol produced at the plant will be marketed by Aventine Renewable Energy (NYSE:AVR) (Pekin, Illinois) and the distillers grains by CHS Incorporated (Inver Grove...

2008-11-12 09:00:40

Researched by Industrial Info Resources (Sugar Land, Texas) -- Tyson Foods Incorporated (NYSE:TSN) (Springdale, Arkansas) announced its fourth-quarter and fiscal year 2008 earnings on Monday, November 10. The company showed a quarterly net income of $48 million, compared with $32 million in 4Q07. The company's net income for the fiscal year was $86 million, compared with $268 million in the 2007 fiscal year. For the year, operating margins of Tyson's Chicken segment produced a loss of $118...

2008-11-12 09:00:39

Researched by Industrial Info Resources (Sugar Land, Texas) -- Power generator Calpine Corporation (NYSE:CPN) (San Jose, California) has posted a third-quarter profit of $136 million, down from $197 million in the second quarter and from $3.8 billion year over year. As part of our Power Tracker, Industrial Info is monitoring 31 active Calpine projects worth $2.12 billion across the United States. Included in the database is information on the 596-megawatt Otay Mesa Energy Centre, which is...

2008-11-12 09:00:32

Researched by Industrial Info Resources (Sugar Land, Texas) -- In a move to conserve cash in a down-trending market, Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Phoenix, Arizona) has delayed development on several copper and molybdenum mining projects in Arizona and Colorado because of a drop in commodity metals prices and the deteriorating global economy. For details, view the entire article by subscribing to Industrial Info's Premium Industry News at...

2008-11-11 09:00:39

Researched by Industrial Info Resources (Sugar Land, Texas) -- Reliant Energy Incorporated (NYSE:RRI) (Houston, Texas) recently announced third quarter 2008 earnings. The company reported a net income loss of $1.04 billion, compared with a gain of $162.4 million in 3Q07. The company's year-to-date net income stands at negative $302 million. In response, the company has announced the winding down of its commercial and industrial segment. The company will retain its mass market and...

2008-11-07 09:00:20

Researched by Industrial Info Resources (Sugar Land, Texas) -- Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) has announced a 65% drop in third-quarter profit to $215 million compared with $607 million in the same period last year. Chairman, President and CEO Jim Rogers said the company attributes the decline to milder temperatures and storm-related costs. Industrial Info is tracking 71 Duke Energy projects worth approximately $29.34 billion as part of the Power Tracker...

2008-11-06 09:00:39

Researched by Industrial Info Resources (Sugar Land, Texas) -- The global engineering, construction and manufacturing company Foster Wheeler Limited (NASDAQ:FWLT) announced third quarter 2008 earnings. Net income was down 1% from 3Q07, moving to $127.9 million from last year's $129.1 million. Operating revenues for the company were up 24% from 3Q07, at $1.7 billion, however. The company's order backlog is up almost $990 million from last year, standing at $7.26 billion. For details, view...

2008-11-06 09:00:39

Researched by Industrial Info Resources (Sugar Land, Texas) -- Agricultural processor Archer Daniels Midland Company (NYSE:ADM) (Decatur, Illinois) reported on November 4 that its first-quarter 2009 profit jumped 138% to $1.05 billion from $414 million in the same period last year on increased sales and improved margins. "While around us we see uncertainty and change, we remain well positioned and confident because of the fundamental strengths of our company, our global network, our business...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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