B/E Aerospace debt ratings lowered by Standard & Poor'sSeptember 23rd, 2009 Some B/E Aerospace debt ratings loweredNEW YORK — Ratings agency Standard & Poor's said Wednesday it has lowered its long-term corporate credit rating on airline interior components manufacturer B/E Aerospace Inc. to junk status.
Light-jet producer Eclipse Aviation opens for business after bankruptcy under new ownerSeptember 1st, 2009 Jet-maker Eclipse Aviation opens under new ownerALBUQUERQUE, N.M. — Eclipse Aviation officially opened its doors for business Tuesday after a troubled six months in bankruptcy proceedings with renewed hope that it will once again produce very light jets.
Albuquerque mayor says bankruptcy judge OKs $40M deal to save light jet maker Eclipse AviationAugust 21st, 2009 Mayor: Judge approves deal to save NM jet makerALBUQUERQUE, N.M. — Albuquerque Mayor Martin Chavez says a bankruptcy judge has approved a $40 million deal that will save the New Mexico-based maker of the Eclipse 500 light jet.
Triumph Group names new president, COO, appoints CEO as chairmanJuly 27th, 2009 Triumph Group names new president, COOWAYNE, Pa. — Aircraft parts maker Triumph Group Inc.
Longest total solar eclipse of the century blankets parts of Asia in darknessJuly 22nd, 2009 Full solar eclipse turns day to night in AsiaTOKYO — From the Ganges River in India to remote islands of the Pacific, the sun rose Wednesday only to vanish again, allowing the stars to twinkle into view in the longest total solar eclipse this century will see — a celestial show that inspired awe and fear in millions across Asia. Revelers launched fireworks and danced in Shanghai, while on a remote Japanese island, bewildered cattle went to their feeding troughs thinking night had fallen.
Delhi company sells 50,000 solar goggles in two daysJuly 22nd, 2009 NEW DELHI - The excitement of the century's longest total solar eclipse was quite evident from the sales of Gnomon Astrotech, a Delhi based firm that sold a record 50,000 solar goggles across India in just two days. The company imported a large number of solar goggles, solar filter films and telescopes from a US-based firm to meet the huge demand during the celestial spectacle.
RBC Bearnings shares fall after recent price hike leads analyst to downgrade the stockJuly 21st, 2009 RBC Bearings falls after analyst downgradeNEW YORK — RBC Bearings Inc., which makes bearings for aerospace and industrial markets, fell Tuesday after an analyst downgraded the stock, which has doubled in value since the last quarter. Peter Lisnic of Baird changed his rating on shares of the Oxford, Conn., company to "Neutral" from "Outperform" after the shares closed Monday at $23.76, up from its March 9 close of $12.27.
2007 Eclipse Award winner Lawyer Ron euthanized because of complications from colicJuly 14th, 2009 Lawyer Ron, a champion in 2007, is euthanizedVERSAILLES, Ky. — Lawyer Ron was among the Kentucky Derby favorites in 2006 and a champion older horse in 2007.
Dubai Airshow 2009 attracts top aerospace namesJuly 13th, 2009 DUBAI - The next edition of the Dubai Airshow, considered as the fastest growing airshow in the world, will feature some top brands in the aerospace industry this time, the organisers have said. Airbus with the EADS group will join the Dubai-based international airline Emirates during the biennial show, for which a new exhibition area has been developed to accommodate the unprecedented number of participants and visitors, WAM news agency reported.
Government toughens bidding norms for shipping projectsJuly 13th, 2009 NEW DELHI - Bidders for infrastructure projects in the shipping sector need to have a minimum net worth that is twice the project cost, the government said Monday. "Since BOT (build, operate and transfer) projects require the concessionaire to make the investment required for the project, it was suggested that threshold be increased to twice the project cost," Shipping Minister G.K.
Parts maker Delphi receives no new bidders on assets, paving way for sale to buyout firm, GMJuly 11th, 2009 Delphi receives no new bidders on assetsNEW YORK — Auto parts maker Delphi Corp. says a deadline has passed with no further bidders on its business, paving the way for a sale to a California private-equity firm and General Motors Corp.
Passive fenders, aggressive grills: Researchers study how design shapes cars' 'personalities'July 6th, 2009 Researchers study 'personality traits' of carsTALLAHASSEE, Fla. — The butterfly decals on the front bumper, flowers in the dashboard vase and lime-green paint job only confirmed Dennis Slice's perception of a Volkswagen Beetle parked in a lot at Florida State University.
Mitsubishi North America sales drop nearly 42 percent in JuneJuly 1st, 2009 Mitsubishi North America sales drop in JuneCYPRESS, Calif. — Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month.
Film by Irish playwright Conor McPherson wins praise and interest at TribecaApril 30th, 2009 Playwright Conor McPherson wins praise at TribecaNEW YORK — Conor McPherson has made the leap from stage to screen, ghosts in tow. The acclaimed Irish playwright premiered his film "The Eclipse" at the Tribeca Film Festival, where it was met this week with critical praise (Variety called it a film of "seductive grace") and interest from distributors.
'30 Days of Night' director David Slade to helm 3rd 'Twilight' filmApril 24th, 2009 3rd 'Twilight' film director selectedLOS ANGELES — The "Twilight" movie franchise is getting its third director. Summit Entertainment said Thursday that David Slade has been tapped to direct "Eclipse," the third film in the series based on the Stephenie Meyer's best-selling vampire books.