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Chrysler Notebook: Judge denies sale delay, US

May 20, 2009 1:33 pm | by The Associated Press | News | Comments

fasst369 fasst365%meta(ap_subject:Business;%)NEW YORK (AP) — Developments from Wednesday's Chrysler bankruptcy hearing:THE ISSUE: A group of Indiana state pension funds that own Chrysler LLC debt asked U.S. Judge Arthur Gonzalez to delay the automaker's planned hearing on the proposed sale of most...

BW)(CA-AMERICAN-STATES-WATER)(AWR.NYSE) American States Water Company Completes Public Offering of Common Shares Business Editors

May 20, 2009 1:33 pm | by The Associated Press | News | Comments

SAN DIMAS, Calif.-- (BUSINESS WIRE) — May 20, 2009-- American States Water Company (NYSE:AWR) announced today that it has completed an underwritten public offering of 1,150,000 shares of its Common Stock, including 150,000 shares issued upon exercise of an option granted to the underwriters to...

Allegheny Energy says Va. OK'd 6 percent rate hike, APFN

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

RICHMOND, Va. (AP) — Allegheny Energy Inc. says Virginia has approved an interim rate increase for customers of its Potomac Edison Co. subsidiary.Greensburg, Pa.-based Allegheny said Wednesday the average residential bill in Virginia will increase $5.47, or 6 percent, to approximately $96 a month...

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Daily Summary May 20, 2009. MIDWEST CATTLE Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas,, WI

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; not enough sales toestablish a trend.Steers: Live basis; (all Grades: 0 head).Dressed Basis; (all Grades: 1,606 head) 135.00-136.00,weighted average 135.68.Heifers: Live Basis; (all Grades: 89 head) 85.00.Dressed Basis; (all Grades: 0...

HL:Provident to keep current business model, makes cost-cutting moves@

May 20, 2009 1:32 pm | by The Associated Press | News | Comments

CALGARY — Provident Energy Trust (TSX:PVE.UN) said it is keeping its current business model following a 15-month strategic review, and has cut costs including jobs to save $12 million annually.The Calgary-based company said it will stick to its midstream and upstream business model.It announced a...

Navy helicopter with 5 crashes southwest of Calif., 15th Ld-Writethru, CA

May 20, 2009 1:32 pm | by ELLIOT SPAGAT - Associated Press Writer - Associated Press | News | Comments

SAN DIEGO (AP) — Searchers recovered three bodies and scoured the ocean for two more members of a Navy flight crew Wednesday after their helicopter went down in darkness on a training flight from an aircraft carrier, authorities said.The HH-60 Seahawk helicopter took off from the USS Nimitz and...

Colorado car dealers that could lose franchises, CO

May 20, 2009 1:31 pm | by The Associated Press | News | Comments

Chrysler LLC has identified dealers nationwide it would like to drop, including 14 in Colorado:— Craig: Cook Chevrolet Inc.— Delta: Hellman Motor Co.— Denver: Phil Long Denver-Jeep-Chrysler— Durango: New Country Chrysler— Fort Morgan: Fort Morgan Auto Center Inc.— Longmont: King Auto Group— La...

Cephalon publicly offering stock, notes, APFN

May 20, 2009 1:31 pm | by The Associated Press | News | Comments

FRAZER, Pa. (AP) — Cephalon Inc. said Wednesday it is publicly offering $300 million in common stock and $350 million in notes, partly to raise funding to enter a hedging transaction.The company plans on entering the hedging deal for common stock with Deutsche Bank AG's London Branch, an affiliate...

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Pacific Music Forum: Die globale Musikindustrie sucht in Asien nach begeisterten Konsumenten, Innovatoren im Digitalbereich und dem nachsten Abschluss uber Google Music Business ...

May 20, 2009 1:16 pm | by The Associated Press | News | Comments

HONGKONG-- (BUSINESS WIRE) — 20. Mai 2009-- Indem es ein einzigartiges asiatisches Forum fur die Kreativ- und Technologiebranchen der Welt schafft, lockt die Music Matters - The Asia Pacific Music Forum, eine aussergewohnlich hochrangige Kollaboration weltweiter Fuhrungskrafte aus dem...

Allegheny Energy says Virginia OKs 6% rate hike, VA

May 20, 2009 1:16 pm | by The Associated Press | News | Comments

RICHMOND, Va. (AP) — Allegheny Energy says Virginia has approved an interim rate increase for customers of its Potomac Edison Co. subsidiary.Greensburg, Pa.-based Allegheny said Wednesday the average residential bill in Virginia will increase $5.47, or 6 percent, to approximately $96 a month July...

HL:Lucien Bouchard brought in to help subway negotiations with Bombardier, Alstom@

May 20, 2009 1:15 pm | by Ross Marowits@Associated Press | News | Comments

MONTREAL — Former Quebec premier Lucien Bouchard has been brought in to help the Montreal transit authority's efforts to negotiate an agreement by the end of June with Bombardier (TSX:BBD.B) and Alstom Canada for new subway cars valued at about $1.2 billion."We can say that for at least several...

HL:Better financial days for Sara Renner as she prepares for 2010 Olympics@

May 20, 2009 1:15 pm | by Donna Spencer@Associated Press | News | Comments

CALGARY — Sara Renner remembers the dark days in her sport.After a poor performance at the 1998 Nagano Olympics, the Canadian cross-country ski team was told all their funding had been cut."What were we going to do now?" she recalled thinking. "It was absolutely bare bones."So the 33-year-old from...

Dow lightens up: sells $935 million in assets, 1st Ld-Writethru, APFN

May 20, 2009 1:15 pm | by The Associated Press | News | Comments

MIDLAND, Mich. (AP) — Dow Chemical Co. said Wednesday it would sell another $935 million in assets to pay down debt.Dow said it had signed two separate agreements that bring the total worth of divested assets this year to $2.6 billion. That is ahead of the company's original plan, the company said...

AARP calls for lower electric rates for low-income, 1st Ld-Writethru, VT

May 20, 2009 1:15 pm | by DAVE GRAM - Associated Press Writer - Associated Press | News | Comments

MONTPELIER, Vt. (AP) — Disabled by narcolepsy and able to work only sometimes, Nancy Swainbank says she occasionally has had trouble keeping up with her electric bills.Now the 60-year-old St. Albans woman — and those in similar straits — could have some help from an energy support program the...

Former Neb. plant employee alleges illegal hiring, APFN

May 20, 2009 1:15 pm | by JEAN ORTIZ - Associated Press Writer - Associated Press | News | Comments

OMAHA, Neb. (AP) — Another former employee of a David City egg processing plant has filed a lawsuit accusing the company of hiring illegal immigrants and letting other workers go to save money.The accusations made by Diane Morbach of Bellwood are detailed in a federal lawsuit filed Wednesday by...

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