Cisco to buy Starent Networks for $2.9B, betting on mobile Internet demandOctober 13th, 2009 Cisco to buy Starent Networks for $2.9BSAN JOSE, Calif. — Cisco Systems Inc.
Scripps Networks to rebrand Fine Living as Cooking Channel in NYC's Chelsea MarketOctober 8th, 2009 Scripps turns Fine Living into Cooking ChannelKNOXVILLE, Tenn. — Scripps Networks Interactive Inc.
Sempra Energy, BP partner in wind farm project in IndianaSeptember 18th, 2009 Sempra Energy, BP partner in wind farm projectSAN DIEGO — Sempra Generation, a subsidiary of Sempra Energy, said Friday it has become an equal partner with BP Wind Energy, a wholly owned subsidiary of BP PLC, in developing a wind farm in Indiana. The venture will help develop a 200-megawatt Fowler Ridge II Wind Farm on a 17,000-acre site about 90 miles northwest of Indianapolis.
Six Flags to swap debt for equity as part of Ch. 11 restructuring; execs to get bonusesAugust 21st, 2009 Six Flags lays out Ch. 11 restructuring planWILMINGTON, Del.
Avon Products to eliminate about 1,200 jobs by 2013 as part of restructuring effortsJuly 22nd, 2009 Avon to eliminate about 1,200 positions by 2013NEW YORK — Avon Products Inc. said Wednesday that it will eliminate about 1,200 positions, or about 2.8 percent of its oevrall work force, by 2013 as part of restructuring efforts amid a recession that has dampened demand for the company's cosmetics.
ATC Technology says it will cut jobs and consolidate as part of restructuringJuly 22nd, 2009 ATC Technology to cut jobs and consolidateDOWNERS GROVE, Ill. — Vehicle remanufacturing and logistics company ATC Technology Corp.
Belden to cease production at Leominster, Mass., facility, eliminating 170 jobs by July 2010July 21st, 2009 Belden to shut down Mass. plant; 170 jobs affectedST.
Pratt & Whitney cuts 200 jobs as part of restructuring announced in MarchJune 24th, 2009 Pratt & Whitney cuts 200 jobsEAST HARTFORD, Conn. — Jet engine manufacturer Pratt & Whitney said Wednesday it is cutting 200 salaried jobs as it struggles with the deteriorating airline market.
Seed maker Monsanto 3Q profit falls 14 pct, plans to cut 900 jobsJune 24th, 2009 Monsanto 3Q profit falls 14 pct, will cut 900 jobsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Wednesday its third-quarter profit fell 14 percent and it plans to cut 900 jobs, or about 4 percent of its work force.
Irish company buys 3 Illinois wind farms, encouraged by Obama push for clean energyJune 15th, 2009 Irish company buys Ill. wind farmsCHICAGO — An Irish company hoping to benefit from the Obama administration's emphasis on renewable energy purchased three Illinois wind farms near Chicago.
Indian Oil's Gujarat wind power project is readyMay 13th, 2009 KANDLA - Public sector refiner Indian Oil Corp (IOC) has completed its 21 MW wind power project near the port town of Kandla, a top official said Wednesday. The wind farm, set up at a cost of Rs.130 crore, would be formally inaugurated later this week, the IOC official, who did not want to be named, told IANS.
GAIL plans wind energy projects in GujaratMay 12th, 2009 AHMEDABAD - Gas marketing major Gail India is planning to establish a series of wind power projects in Gujarat during the current fiscal, a senior official said Tuesday. 'The company has invited bids for setting up wind power projects of 4.5 to 5 MW capacity each on a turn-key basis.
Sycamore to cut 30 percent of work force, blames poor economy, reduced telecom spendingApril 30th, 2009 Sycamore Networks to cut 30 percent of work forceCHELMSFORD, Mass. — Sycamore Networks Inc.
Obama to visit Iowa plant that makes towers for wind energyApril 22nd, 2009 Obama to tout wind energy in Iowa visitWASHINGTON — President Barack Obama travels to Iowa today with Agriculture Secretary Tom Vilsack. The president and the former Iowa governor will visit a former Maytag plant that now houses a manufacturing facility that produces towers for wind energy production.
Indian-born industrialist setting up $2.5 bn urea unit in AustraliaMarch 10th, 2009 PERTH - An Australian company promoted by a New Delhi-born industrialist Vikas Rambal Monday announced plans to construct a $2.5-billion urea manufacturing plant at the Shotts Industrial Park at Collie in Western Australia. With construction due to commence in early 2010, the urea plant being set up by Perdaman Chemicals and Fertilisers will generate 1,500 jobs during the three-year construction phase and around 200 permanent jobs once operations begin, the company said.
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