SUGAR LAND--November 11, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy and transport infrastructure company Alstom SA (EPA:ALO) (Levallois-Perret, France) and oilfield services company Schlumberger Limited (NYSE:SLB) (Houston, Texas) recently announced that they have signed an agreement for a mutual collaboration under which they will study the technical readiness of power plants to accommodate carbon capture and storage (CCS) systems developed by Alstom. The study will identify steps that a power plant must take to adapt to the CCS systems, evaluate potential storage sites for carbon dioxide (CO2), and also assess the future costs of transporting and storing CO2. The joint offering has been designed so that power plants can incorporate CCS in the future and secure environmental permits easily. Alstom has signed agreements with several power, utility, and oil and gas companies in the U.S. and Europe since 2006 to test CO2-capture technologies, including American Electric Power Company Incorporated (NYSE:AEP) (Columbus, Ohio), The Dow Chemical Company (NYSE:DOW) (Midland, Michigan) and StatoilHydro ASA (NYSE:STO) (Stavanger, Norway).
GALWAY, IRELAND--November 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--The 47.1-megawatt (MW) Chancy-Pougny Hydropower Plant, owned and operated by Societe des Forces Motrices du Chancy-Pougny SA (Geneva, Switzerland), is gearing up for the replacement of two of the facility's five turbine units in early 2011. The replacements are projected to take about four years, with completion estimated for 2014.
Other companies featured: Andritz AG (WBAG:ANDR), Alstom SA (EPA:ALO)
GALWAY, IRELAND--November 5, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Alstom SA (EPA:ALO) (Levallois-Perret, France) has secured two contracts worth a total of 450 million euros ($665.7 million) from Grosskraftwerk Mannheim AG (GKM) (Manheim, Germany) for the supply of boilers and turbines to GKM's supercritical coal-fired combined-cycle gas turbine (CCGT) plant in Baden-Württemberg, Germany. The Mannheim power station is a combined heat and power (CHP) facility with an installed capacity of 1,675 megawatts (MW). The site has been used for power generation for more than 85 years and generates about 1,000 MW of power and heat.
BANGALORE, INDIA--October 29, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Bharat Forge Limited (BSE:500493) (Pune, Maharashtra), India's leading forging company, and global power equipment manufacturer Areva SA (EPA:CEI) (Paris, France) have signed an agreement to develop a nuclear equipment manufacturing facility in India. According to reports, the joint venture has identified Mundra and Dahej in Gujarat as possible locations. The final decision is expected to be taken shortly.
SUGAR LAND--October 23, 2009--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Shortly before 7:00 p.m. Eastern Daylight Time on October 1, the U.S. Power Industry officially entered the carbon-sequestration era. That's when officials from American Electric Power (NYSE:AEP) (Columbus, Ohio) and Alstom Power, a unit of Alstom SA (EPA:ALO) (Levallois-Perret, France), pushed a button to begin sequestering carbon-dioxide emissions from AEP's Mountaineer Power Station in New Haven, West Virginia. As evidence has mounted that burning fossil fuels is connected to an increase in atmospheric concentrations of carbon dioxide, utilities and coal companies have stepped up their search for cost-effective ways to reduce carbon-dioxide emissions from fossil fuel combustion. It may not be too much to suggest that the future of coal is riding on the results of the Mountaineer CCS validation project.
King Pharmaceuticals, Inc. (KG) reported third quarter earnings of 29 cents per share, beating the Zacks Consensus Estimate by 2 cents. Despite revenues increasing 19.3% from the year-ago period, earnings declined 25.6% from the year-ago quarter mainly due to higher operating expenses.[More...]
King Pharma (KG) is a specialty pharmaceutical company which recently acquired Alpharma for $1.6B and has three pending NDAs at the FDA for new drug approvals and received a complete response late last year for Remoxy (an abuse deterrent form of extended-release oxycodone) along with Pain Therapeutics (PTIE). BioMedReports.com FDA and Clinical Trial Calendars: http://biomedreports.com/fda-calendar.html King is currently trading at around decade lows in terms of stock price at a m (...)[More...]
I used to, and will one day return, to posting the best performing stocks of the week - but the wicked volatility and "student body left" trading of the past 4 months has made it a moot point. Everything must either be bought or sold, as stocks are either deemed "good" or "bad" that hour, day, or month. The herd piles in, or piles out - regardless of sector, style, fundamentals. It's been a market of asset allocation not individual stocks much of the back half of the year. I like to look for relative strength and ride sector/company trends for the longer term - this market is not for that sort of investor. This has been for many months a run and gun daytrader environment; not a place for theme investors. With that said, I am always curious to see what stocks held up over the long run... folks, no matter what happens (short of 8%+ rally here in the next 3 days) we are projecting the worst year in the markets at least since the[More...]
Companies featured in this segment: Pfizer Incorporated (NYSE:PFE), Monsanto Company (NYSE:MON), Alstom SA (EPA:ALO), Schlumberger Limited (NYSE:SLB), American Electric Power Company Incorporated (NYSE:AEP), The Dow Chemical Company (NYSE:DOW), StatoilHydro ASA (NYSE:STO), E.ON AG (OTC:EONGY), Total SA (NYSE:TOT), Royal Dutch Shell plc (NYSE:RDS.A), National Grid plc (NYSE:NGG), ArcelorMittal (NYSE:MT), RWE AG (OTC:RWEOY), E.ON AG (OTC:EONGY), Nestle S.A. (OTC:NSRGY)
Companies featured in this segment: Korea Electric Power Corporation (NYSE:KEP), Dow Chemical Company (NYSE:DOW), Electricite de France (EPA:EDF), E.ON AG (OTC:EONGY), RWE AG (OTC:RWEOY), International Power plc (LSE:IPR), GDF Suez (EPA:GSZ), Mitsubishi Corporation (TYO:8058), The Tokyo Electric Power Company (TYO:9501), Sumitomo Corporation (TYO:8053), Tenaga Nasional Berhad (MYX:5347), Kansai Electric Power Company (TYO:9503), Marubeni Corporation (TYO:8002), Areva SA (EPA:CEI), Alstom SA (EPA:ALO), NTPC Limited (BSE:532555), Jindal Steel and Power Limited (BSE:532286), Tata Power Company Limited (BOM:500400), Vedanta Resources plc (LSE:VED)
Companies featured in this segment: American Electric Power (NYSE:AEP), Alstom SA (EPA:ALO), SCANA Corporation (NYSE:SCG), Électricité de France SA (EPA:EDF), Norsemont Mining Incorporated (TSX:NOM), Saudi Kayan Petrochemicals Limited (SAU:2350), part of Saudi Basic Industries Corporation (SAU:2010), Samsung Engineering Company Limited (SEO:028050), BNP Paribas SA (EPA:BNP), ABN AMRO Holdings NV (PINK:ABNYY), HSBC Holdings plc (NYSE:HBC), Arab Banking Corporation (BSH:ABC), Wartsila Oyj (HEL:WRTBV)
Companies featured in this segment: Exxon Mobil Corp.'s (NYSE:XOM), Royal Dutch Shell plc (NYSE:RDS-A), The Dow Chemical Company (NYSE:DOW), Royal Dutch Shell plc (NYSE:RDS.A), Chevron Corporation (NYSE:CVX), Marathon Oil (NYSE:MRO), BASF SE’s (OTC:BASFY), TransAlta Corportation (TSX:TA), Capital Power (TSX:CPX), Alstom SA (EPA:ALO)
Companies featured in this segment: Eastman Chemical Company (NYSE:EMN), Volkswagen AG (OTC:VLKAY), Siemens AG (NYSE:SI), Empresas ICA SA (NYSE:ICA), Fluor Corporation (NYSE:FLR), General Mills Incorporated (NYSE:GIS), Indian Oil Corporation (BSE:530965), National Aluminium Company Limited (BSE:532234), NTPC Limited (BSE:532555), Bharat Heavy Electricals Limited (BSE:500103), Alstom SA (EPA:ALO)
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