Congressional tax experts say industry taxes are $29 billion higher in health billOctober 6th, 2009 Higher taxes in health care billWASHINGTON — Congressional tax experts say Senate health care legislation would impose $29 billion more in taxes on health care industries than originally thought. The Joint Committee on Taxation says drug companies, medical device manufacturers and insurers would pay $121 billion over 10 years as a result of taxes in the Senate Finance Committee bill.
Rendell to announce details of Pa. budget deal, ending 80-day impasseSeptember 18th, 2009 Pa. budget deal ends 80-day impasseHARRISBURG, Pa. — Gov. Ed Rendell and legislative leaders reached a budget deal Friday that would end Pennsylvania's distinction as the last state still fighting over its annual spending plan.
World's No. 1 wine producer, NY-based Constellation, will close a winery, donate it to collegeSeptember 10th, 2009 Biggest winemaker to donate NY winery to collegeVICTOR, N.Y. — The world's biggest wine company is closing a winery in western New York and donating the building and vineyards to a college.
Constellation Energy repays $500M, 6.125 pct bond without refinancingSeptember 2nd, 2009 Constellation Energy repays $500M, 6.125 pct bondBALTIMORE — Constellation Energy Group Inc. on Wednesday said it repaid a $500 million, 6.125 fixed-rate bond without refinancing, as part of its plan to improve liquidity and strengthen its balance sheet.
Constellation Energy Group gets contract to supply electricity to Texas school districtJuly 8th, 2009 Constellation Energy gets Texas school contractBALTIMORE — Constellation Energy Group Inc. said Wednesday that its subsidiary, Constellation NewEnergy Inc., has signed an electricity supply agreement with the Fort Bend Independent School District in Fort Bend County, Texas.
Baltimore judge dismisses Constellation appeal of regulators' decision to review EdF dealJuly 3rd, 2009 Judge dismisses Constellation appeal in EdF caseBALTIMORE — Constellation Energy Group Inc. lost a round in its battle with Maryland regulators over its proposed deal to sell half its nuclear operations to France's EdF when a judge ruled Thursday it could not appeal the decision to review the agreement while the review was under way.
La. governor's proposed deal with the New Orleans Saints wins approval from state legislatureJune 25th, 2009 Saints deal gets Louisiana legislative OKBATON ROUGE, La. — Louisiana Gov.
Constellation Energy appeals ruling by Maryland regulators over EdF dealJune 11th, 2009 Constellation appeals Md. decision on EdFBALTIMORE — Power company Constellation Energy has appealed a ruling by Maryland regulators that they have the right to approve its proposed $4.5 billion sale of half its nuclear power business to French nuclear company EdF.
Maryland regulators say proposed Constellation-EdF deal requires their approvalJune 11th, 2009 Md. regulators say they must OK nuclear power dealCOLUMBUS, Ohio — Maryland regulators ruled Thursday that they have the right to sign off on French nuclear power company EdF's plan to buy half of Constellation Energy's nuclear power business for $4.5 billion, rejecting the companies' arguments that approval by the regulators was not necessary. Constellation Energy immediately appealed the decision.
Berkshire Hathaway sells 2.4M more shares of Constellation Energy obtained in failed takeoverMay 14th, 2009 Berkshire sells 2.4M more Constellation sharesOMAHA, Neb. — Billionaire Warren Buffett's company sold more of the 20 million shares of Constellation Energy Group Inc.
Tata Motors 'to reject' Jaguar Land Rover dealMay 7th, 2009 LONDON - : Tata Motors, the parent company of Jaguar Land Rover, has said that it will reject a British Government loan guarantee needed to save the troubled British carmaker. A Sky News report said that Jaguar Land Rover received a final offer on a 450 million pound loan from the business department last week, but the Government wanted a 15 percent commission on the loan.
Constellation Energy posts 1st-quarter loss, but reaffirms full-year outlookMay 5th, 2009 Constellation Energy posts 1Q loss on itemsBALTIMORE — Utility company Constellation Energy Group Inc. on Tuesday posted a first-quarter net loss on several one-time losses, but reaffirmed its full-year earnings outlook.
Louisiana, Saints announce a partnership that commits the club to the Superdome through 2025April 30th, 2009 Louisiana, Saints extend Superdome leaseNEW ORLEANS — The New Orleans Saints and the state of Louisiana have announced a new partnership that will continue the club's commitment to the state through 2025 and also create a new Sports Development District. The new deal includes the football team's owner, Tom Benson, and his family purchasing and redeveloping the New Orleans Centre and Dominion Tower.
Constellation Energy's top executive receives 2008 compensation of $5.7M, says AP tallyApril 29th, 2009 Constellation Energy CEO gets $5.7M 2008 packageCOLUMBUS, Ohio — Constellation Energy Group's top executive, Mayo Shattuck III, received total compensation valued at $5.7 million in 2008, according to Associated Press calculations of data filed with regulators Wednesday. The pay package represents a nearly 56 percent drop in value from his 2007 compensation, and follows a year in which the wholesale power generator was nearly forced into bankruptcy by a liquidity crisis.
Kerala demands higher share of central taxesDecember 30th, 2008 THIRUVANANTHAPURAM - The Kerala government Wednesday approved a draft memorandum to be submitted to the 13th Finance Commission with demands including higher share in the central taxes and hike in the open market borrowing cap. Addressing reporters after the weekly cabinet meeting here, Chief Minister V.S.
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