Sovran Self Storage prices stock offering at $29.75September 30th, 2009 Sovran prices offering of 3.5M sharesBUFFALO, N.Y. — Sovran Self Storage Inc., a real estate investment trust, on Wednesday priced its public offering of 3.5 million shares of common stock at $29.75 each.
WVa Bayer CropScience plant to cut storage of deadly chemical blamed for 1984 deaths in IndiaAugust 26th, 2009 WVa plant to cut storage of deadly chemicalINSTITUTE, W.Va. — Bayer CropScience said Wednesday that a West Virginia plant will reduce its storage of a toxic chemical that was in danger of being released in a deadly explosion nearly a year ago.
LSI introduces high-performance storage system for midrange customersAugust 26th, 2009 BANGALORE - LSI Corporation today introduced the LSIT Engenio 4900 storage system, a next-generation midrange disk storage system designed to deliver optimized performance, dynamic flexibility and advanced functionality at an affordable price. With 8Gb/s Fibre Channel (8GFC) and 1Gb/s iSCSI host interfaces, the system's multi-protocol connectivity and modular architecture help lower acquisition and operational costs while addressing the requirements of server and storage consolidation.
U-Store-It makes $161.2M from public offering of 32.2M common shares; plans to pay off debtAugust 20th, 2009 U-Store-It makes $161.2M from public offeringNEW YORK — Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares. The Wayne, Pa.-based company said it would use the proceeds to pay off debt and for general corporate purposes.
Denver International Airport plans solar power for its fuel storage, distribution systemAugust 19th, 2009 Denver airport plans solar power for its fuel farmDENVER — Denver International Airport wants to build a $7 million solar electric-generating system to power its fuel storage and distribution system. Airport officials said Wednesday they will ask the City Council for approval to sign a contract with two companies to develop the 1.6-megawatt project on about 9 acres north of the airfield.
Main water reservoirs only 35 percent fullAugust 3rd, 2009 NEW DELHI - India's 81 main water reservoirs were only 35 percent full on July 30, the government's Central Water Commission (CWC) said here Monday. More than halfway through the annual monsoon, the lack of water due to poor rainfall is raising the spectre of shortages of power as well as water for irrigation.
Wipro net up 12 percent in first quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.16 billion (Rs.1,016 crore) for the first quarter (April-June) of this fiscal (2009-10), registering 12 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated revenue for the quarter (Q1) was Rs.62.74 billion (Rs.6,274 crore), an increase of five percent YoY as per the Indian accounting standard.
Raytheon bags $82-mn air navigation orderJuly 21st, 2009 CHENNAI - American defence and aerospace systems manufacturer Raytheon Company has bagged a $82-million air navigation modernisation contract from Indian Space Research Organisation (ISRO). As per the deal, Raytheon, with an annual turnover of $23.2 billion, will build the ground stations for the Geosynchronous Augmented Navigation System (GAGAN), a satellite-based navigation for civil aviation over Indian airspace and adjoining areas in South and East Asia.
Supreme Court won't block Cablevision's remote-storage digital video recording systemsJune 29th, 2009 High court won't block remote storage DVR systemsWASHINGTON — Hollywood studios and television networks lost their bid Monday for the Supreme Court to block the use of a new digital video recorder system that could make it cheaper and easier for viewers to record shows and watch them when they want, without commercials. The justices decline to hear arguments on whether Cablevision Systems Corp.'s remote-storage DVR violates copyright laws.
Supreme Court won't block Cablevision's remote-storage digital video recording systemJune 29th, 2009 High court won't block remote storage DVR systemPHILADELPHIA — Cable TV operators won a key legal battle against Hollywood studios and television networks on Monday as the Supreme Court declined to block a new digital video recording system that could make it even easier for viewers to bypass commercials. The justices declined to hear arguments on whether Cablevision Systems Corp.'s remote-storage DVR system would violate copyright laws.
Nalco reduces explosive storage amid Maoist violenceJune 19th, 2009 BHUBANESWAR - State-owned National Aluminium Company Limited (Nalco) has reduced the storage of explosives at its bauxite mine in Orissa due to rising Maoist activities in the region, the company said Friday. The company has reduced the storage of explosives at its bauxite mine at Panchpatmali in Koraput district, some 370 km from here, it said.
President outlines 10 priorities of governmentJune 4th, 2009 NEW DELHI - President Pratibha Patil Thursday outlined 10 areas of priority for the Manmohan Singh government:
- Internal security and preservation of communal harmony;
- Stepping up of economic growth in agriculture manufacturing and services;
- Consolidation of the existing flagship programmes for employment, education, health, rural infrastructure, urban renewal and introduction of new flagship programmes for food security and skill development;
- Concerted action for the welfare of women, youth, children, other backward classes, scheduled castes, scheduled tribes, minorities, the differently-abled and the elderly along with strengthened and social protection;
- Governance reform;
- Creation and modernisation of infrastructure and capacity addition in key sectors;
- Prudent fiscal management;
- Energy security and environment protection;
- Constructive and creative engagement with the world; and
- Promotion of a culture of enterprise and innovation.
--Indo-Asian News Servcie
EMC offers $1.8 billion for Data Domain in bid against rival NetAppJune 1st, 2009 EMC offers $1.8 billion for Data DomainHOPKINTON, Mass. — Data storage company EMC Corp.
Gasoline tank explodes at fuel-storage facility in rural Arkansas, killing 3 workersMay 12th, 2009 3 die in explosion at Ark. fuel-storage facilityLITTLE ROCK, Ark.
Cryolor to set up gas container plant near ChennaiApril 22nd, 2009 CHENNAI - France's Cryolor SA, part of the $17-billion Air Liquide group, will set up a cryogenic gas storage equipment plant near here, a top official said Wednesday. Cryolor Asia Pacific, the Indian arm of Cryolor SA, will manufacture storage equipment for liquefied gases such as liquid oxygen, nitrogen and liquefied natural gas, company managing director Ravin Mirchandani told reporters here.