RBC Bank, US subsidiary of Royal Bank of Canada, says CEO Scott Custer to retireOctober 1st, 2009 CEO of NC-based RBC Bank to retire next monthRALEIGH, N.C. — The chief executive of North Carolina-based RBC Bank is retiring.
Valeant Pharmaceuticals International acquires Private Formula International HoldingsSeptember 30th, 2009 Valeant Pharmaceuticals buys Private Formula Int.ALISO VIEJO, Calif. — Valeant Pharmaceuticals International said Wednesday it will buy Private Formula International Holdings Pty Ltd., a skin care company, to boost its dermatology portfolio.
Analyst downgrades Moog, Curtiss-Wright stock rating on limited visibility, valuationSeptember 21st, 2009 Analyst downgrades Moog, Curtiss-Wright ratingWASHINGTON — An analyst on Monday downgraded Moog Inc.'s and Curtiss-Wright Corp.'s stock rating based on valuation and limited visibility, despite an improved economic outlook. Boenning & Scattergood analyst Michael Ciarmoli lowered ratings for Moog, a supplier of precision control systems, and Curtiss-Wright, an industrial supplier to military and commercial customers, to "Neutral" from "Outperform" after the stocks fell below his targets of $33 and $36, respectively.
Carlisle Companies acquires Jerrik to expand products, capabilities for military programsSeptember 18th, 2009 Carlisle acquires Jerrik for undisclosed priceCHARLOTTE, N.C. — Diversified manufacturer Carlisle Companies Inc.
Coast Guard moving forward with first tidal project to generate electricity in eastern MaineSeptember 10th, 2009 Coast Guard to harness tide for electric powerPORTLAND, Maine — The Coast Guard has signed off on its first tidal power project, a small underwater turbine that will generate additional electricity at its station in coastal Maine. The $100,000 project in Eastport will be used to test tidal technology in the nation's northeastern corner, home to some of largest tidal variations in North America.
First Horizon Insurance acquires Tennessee-based Sandlin InsuranceAugust 27th, 2009 First Horizon Insurance acquires Sandlin InsuranceMEMPHIS, Tenn. — First Horizon Insurance Group Inc.
CBI subsidiary wins $40 million contract to supply heaters to Taiwan ethylene plantAugust 18th, 2009 CBI unit wins $40 million ethylene plant contractTHE WOODLANDS, Texas — A subsidiary of Chicago Bridge & Iron NV said Tuesday it won a contract worth about $40 million to supply eight heaters to an ethylene plant in Taiwan. The Lummus Technology subsidiary said it won the contract from CTCI Corp.
American Superconductor gets order for 17 wind-turbine systems from Hyundai Heavy IndustriesAugust 18th, 2009 AMSC receives order for 17 wind-turbine systemsDEVENS, Mass. — American Superconductor Corp.
Wind-turbine maker moving to Denver, lured by tax creditAugust 15th, 2009 Wind-turbine maker moving to DenverDENVER — A wind-turbine maker lured by Colorado's tax incentives will relocate it headquarters to Denver from Portland, Ore., Gov. Bill Ritter and Denver Mayor John Hickenlooper said Friday.
PPG says Boeing requests windshield liner to keep glass from flight deck in bird-strike eventAugust 13th, 2009 PPG unit gets contract to redesign 737 windshieldsHUNTSVILLE, Ala. — PPG Industries, a maker of paints, coatings and other specialty products, said Thursday one of its subsidiaries received a contract to redesign laminated glass windshields for Boeing's next-generation 737 airplanes.
Sport Supply Group acquires some team sports assets from Har-Bell Athletic GoodsJuly 30th, 2009 Sport Supply Group acquires assets from Har-BellDALLAS — Sport Supply Group Inc. said Thursday it has bought some team sports assets from Har-Bell Athletic Goods.
GM and Chrysler may become bankruptcy lenders to auto parts supplier VisteonJuly 16th, 2009 GM, Chrysler among possible lenders to VisteonDOVER, Del. — Fresh from bankruptcy reorganization themselves, General Motors and Chrysler Group LLC now may become bankruptcy lenders to auto parts supplier Visteon Corp.
Visteon attorney says company making good progress on bankruptcy financingJune 19th, 2009 Attorney says Visteon making progress on financingWILMINGTON, Del. — Auto-parts supplier Visteon Corp.
BofA, Boeing, Alcoa, Jazz Pharma, Cavalier Homes are among big market movers MondayJune 15th, 2009 BofA, Boeing, Alcoa, Jazz Pharma are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bank of America Corp., down 39 cents at $13.33
Prominent banking analyst Richard Bove hiked his price target on the stock, but said the bank may need $46 billion in loan-loss reserves this year. Boeing Co., down $1.92 at $49.52
A lackluster Paris Air Show kicked off on the heels of the plane maker's warning that it wouldn't see a slew of new jet orders.
Bankruptcy judge authorizes Visteon to pay critical vendors, other obligationsMay 29th, 2009 Judge approves motions in Visteon bankruptcyWILMINGTON, Del. — A Delaware bankruptcy judge has approved several first-day motions in the Chapter 11 bankruptcy case of automobile parts supplier Visteon Corp.
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