Posts Tagged ‘America’

Michael R. D’Appolonia Appointed to Westmoreland Board of Directors

Westmoreland Coal Company announced it has increased the size of the Company’s Board of Directors from five to six and appointed Michael R. D’Appolonia to its Board by unanimous consent effective today.
Mr. D’Appolonia is currently Director, President and Chief Executive Officer of Kinetics Systems, Inc., an international specialty mechanical contracting company with over 2,000 employees [...]

Wednesday, July 23rd, 2008

ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

Monday, July 21st, 2008

Latrobe Specialty Steel Announces End of Labor Dispute

Latrobe Specialty Steel welcomes the news that Local 1537 of the United Steelworkers approved today the collective bargaining agreement negotiated Friday evening and that the twelve-week work stoppage is ending.
“I know that I speak for every Latrobe Specialty Steel employee when I say that we appreciate the return of our hourly colleagues. We have reached [...]

Monday, July 21st, 2008

Crude oil prices lift Schlumberger’s profit by 13 percent

Oilfield services provider Schlumberger Ltd. reporting a nearly 13 percent jump in profit driven by robust spending among customers searching for new sources of crude and natural gas. Unless the global economy goes into the tank, Schlumberger said it expects continued brisk spending on exploration and production as energy companies try to benefit from high [...]

Monday, July 21st, 2008

Precision Drilling Trust’s Cash distribution has been approved

Precision Drilling Trust’s released a report that its cash distribution has been approved by the board of trustees of $0.13 per trust unit of Precision. The distribution will be payable on August 15, 2008 to unitholders of record on July 31, 2008. The ex-distribution date is July 29, 2008. Holders of Class B limited partnership [...]

Monday, July 21st, 2008

Severstal Extends Tender Offer for Shares of Esmark Incorporated

OAO Severstal, one of the world’s leading metals and mining companies, announced that it has extended the expiration date for its tender offer to purchase all outstanding shares of Esmark Incorporated (Nasdaq: ESMK; “Esmark”), at an offer price of $19.25 per share, to 10:00 a.m., Eastern Daylight Time, on Monday, August 4, 2008.
The tender offer [...]

Sunday, July 20th, 2008

GeoGlobal on its disclosure requirements

GeoGlobal Resources Inc told the press that on June 10, 2008 and June 27, 2008, respectively, it filed with the US Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. Concurrently, it [...]

Sunday, July 20th, 2008

GeoGlobal Resources Inc to announce its Disclosure Requirements

GeoGlobal Resources Inc told the press on June 10th that it filed with the US Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2008. Concurrently, it filed its audited annual financial statements [...]

Saturday, July 19th, 2008

Atlas America to host the earning conference call

Atlas America, Inc. told the press about its agenda to host a conference on its second quarter 2008 after market hours on Thursday, August 7, 2008, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Friday, August 8, 2008, at 9:00 a.m. Eastern Time. This [...]

Saturday, July 19th, 2008

Atlas Pipeline Partners, L.P on Termination of Certain Hedge Contracts

Atlas Pipeline Partners, L.P, has recently recently released a report saying that it anticipated increase in distributable cash flow per unit guidance after 1.3x coverage of $2.00 to $2.20 per unit for the second half of 2008. The mid point of the guidance range represents a 14% increase compared to cash distributions paid in the [...]

Saturday, July 19th, 2008