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Regal Beloit prices $130.9 million stock offering, APFN

May 19, 2009 3:43 am | by The Associated Press | News | Comments

BELOIT, Wis. (AP) — Regal Beloit Corp., maker of motion-control and power-generation equipment, said Tuesday it has priced a public offering of common stock, and expects the sale will generate net proceeds after expenses of about $130.9 million.The company plans to use the funds to repay debt and...

Ruling bloc eyes 20% cut in summer bonuses for Diet members+

May 19, 2009 3:37 am | by The Associated Press | News | Comments

TOKYO, May 19 (Kyodo) — The ruling parties are eyeing a 20 percent cut in summer bonuses for all Diet members this year amid a lingering economic slump and the submission to parliament of bills to realize the cut possibly before the end of this week, lawmakers of the parties said Tuesday.The...

Hampton Roads Bankshares Announces Retirement of Vice Chairman and Chief Executive Officer Jack W. Gibson

May 19, 2009 3:37 am | by GLOBE NEWSWIREAssociated Press | News | Comments

NORFOLK, Va., May 19, 2009 (GLOBE NEWSWIRE) — Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), the financial holding company of Bank of Hampton Roads and Shore Bank, today announced the retirement of Jack W. Gibson as a director and officer of the Company and its subsidiaries. Gibson, who served as...

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Andean Confirms New High-Grade Vein Discovery at Bajo Negro

May 19, 2009 3:37 am | by The Associated Press | News | Comments

Andean Resources (TSX: AND)(ASX: AND) is pleased to report new and potentially significant results from deeper drilling completed at the recently drilled Bajo Negro vein at its 100% owned Cerro Negro gold and silver project in Southern Argentina. Today's results include the following:- BRC-908...

DEQ targets water pollutants, LA

May 19, 2009 3:37 am | by The Associated Press | News | Comments

BATON ROUGE, La. (AP) — The state Department of Environmental Quality has launched a new public awareness campaign directed at keeping everyday pollutants out of the state's water.Funded through a $300,000 nonpoint source pollution prevention grant from the U.S. Environmental Protection Agency, the...

Rob Marshall brings Broadway's 'Nine' to screen, EU

May 19, 2009 3:37 am | by The Associated Press | News | Comments

CANNES, France (AP) — Director Rob Marshall's new movie musical "Nine" offers a potent combination of Italian style, costumes to die for and six Academy Award-winning performers.The story of a filmmaker and his complicated entanglements with the women in his life, it's based on the Tony...

Insight and Education Focus of Day One of the 2009 BIO International Convention Business Editors/Biotech Writers/Tradeshow Writers

May 19, 2009 3:32 am | by The Associated Press | News | Comments

ATLANTA-- (BUSINESS WIRE) — May 19, 2009-- Day one of the 2009 BIO International Convention provided educational workshops, sessions, and press conferences to innovate and prepare for the future of biotechnology. The global event for biotechnology runs through Thurs., May 21. More than one third of...

Country Announces Changes in Conference Call Dial-In Numbers, Conference Call ID Number, and Web Link Change Business Editors/Manufacturing Writers

May 19, 2009 3:32 am | by The Associated Press | News | Comments

SPENCER, Iowa-- (BUSINESS WIRE) — May 19, 2009-- Cycle Country (AMEX:ATC), a leading supplier of ATV accessories, Plastic Wheel Covers, Golf Car Accessories, Oil Filters and Contract Manufacturing services, announces to its investors and other interested parties that there are a different set of...

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Revolutionary iPhone Application; Mobile Crime Maps Launch with New York City Service Business Editors/Technology Editors

May 19, 2009 3:32 am | by The Associated Press | News | Comments

BALTIMORE-- (BUSINESS WIRE) — May 19, 2009--Today, Spotcrime.com announced a partnership with Roundhouse Technologies, LLC that will boast a unique application within the iTunes App Store marketplace - a mobile police blotter that geo-locates users, scours cop reports, blogs and newspapers for...

Pervasis Therapeutics Presents Promising Preclinical Data for its Minimally Invasive Cell Therapy at the European Association of Percutaneous Cardiovascular Interventions Annual Co...

May 19, 2009 3:32 am | by The Associated Press | News | Comments

CAMBRIDGE, Mass.-- (BUSINESS WIRE) — May 19, 2009-- Pervasis Therapeutics, Inc., a biotechnology company pioneering biologically active cellular therapies to treat vascular and other serious diseases, today announced new preclinical data for the Company's minimally invasive cell therapy, PVS-10200....

Viterra to Host Conference Call on May 19, 2009

May 19, 2009 3:32 am | by The Associated Press | News | Comments

Mayo Schmidt, President and Chief Executive Officer of Viterra Inc. (TSX: VT), and Michael Iwaniw, Managing Director of ABB Grain Ltd. invite you to join them on a conference call on Tuesday, May 19, 2009 at 11:00 a.m. EST to discuss the merger implementation agreement. Conference Call Access:...

UK missed chance to stop 2005 London bombers, 2nd Ld-Writethru, EU

May 19, 2009 3:32 am | by DAVID STRINGER - Associated Press Writer - Associated Press | News | Comments

LONDON (AP) — Britain's MI5 spy agency and anti-terrorism police missed chances to identify the key men behind the 2005 London suicide bombings, but could have done little more to halt the attacks given an alarming lack of resources, lawmakers said Tuesday.A detailed report into what law...

FBR Capital Markets repurchasing shares, APFN

May 19, 2009 3:26 am | by The Associated Press | News | Comments

ARLINGTON, Va. (AP) — FBR Capital Markets Corp., an investment bank, said Monday it is repurchasing 16.7 million shares of its stock from Arlington Asset Investment Corp. for $72.5 million.The companies will also end some service and governance agreements as part of an ongoing strategic separation...

ABB Grain and Viterra Announce Agreement to Combine Operations

May 19, 2009 3:26 am | by The Associated Press | News | Comments

ABB Grain Ltd. ("ABB") (ASX: ABB) and Viterra Inc. ("Viterra") (TSX: VT) are pleased to announce they have signed an Implementation Agreement under which Viterra proposes to acquire all the issued and outstanding shares in ABB for a mixture of cash and scrip via a scheme of arrangement, which will...

Ahead of the Bell: American Express, APFN

May 19, 2009 3:26 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of American Express Co. are likely to jump on the credit card lender's plans to slash 4,000 jobs and reduce expenses by $800 million during the remainder of the year, an analyst said Tuesday.Friedman, Billings, Ramsey & Co. analyst Scott Valentin said the second round of cost...

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