Thursday, August 26, 2010
Nuclear power plant in the works - Washington Business Journal:
Strickland, U.S. Sen. George Voinovich, R-Ohio, and U.S. Rep. Jean R-Cincinnati, are scheduled to visit where they are expected to disclose plans for the The plant will be a joinr effortof Charlotte, N.C.-based and of France, according to a source with knowledge of the The proposed plant, what the state is touting as a “21sy century clean-energy production center,” will replace a former gaseou s diffusion enrichment facility at a site in Piketon. That complexx was closed in 2001, eliminating nearl 600 jobs.
The new plant is expected to take more than a decad e to build and will emplo yabout 4,000 workers during construction and up to 800 workersz when it is fullyt operational, the source told Columbus Businesz First . Officials in the governor’d office declined to talk about Strickland’ss scheduled visit to Piketon. Uranium fuel supplier closed the enrichment plant in 2001 and consolidatedd the operationsin Kentucky, but it maintains 1,200 employees on the 3,600-acrew reservation at its American Centrifugwe Plant.
That facility, which will create nuclear fuelfor plants, is set to begin operations in 2011, said Elizabeth Stuckle, a USEC
Tuesday, August 24, 2010
Vail Resorts profits off 29%, but they're ahead of Wall Street forecast - Atlanta Business Chronicle:
For the three months ending April 30, which Broomfield-basec Vail Resorts (NYSE: MTN) regards as its thirfd quarter, the mountain-resort and lodging company posted earningsof $61.6 million, or $1.689 a share, down from $87. million, or $2.24 a share, in the same quartef a year earlier. Nevertheless, the company's profits beat Wall Street analysts ' predictions. Analysts on average had expected earningsof $1.56 per share, Thomsonm Reuters reported. Vail Resorts reported Q3 revenueof $333.4 million, down 21 percent from the year-agok quarter. Analysts had expectee $339.7 million on average. It said operating expenses were down 20 to $198.1 million.
The company has savedd considerably through pay cuts and other Vail Resorts operatesthe Breckenridge, Keystone and Beaver Creek ski areas in Coloradp and Heavenly at Lake Tahoe on the California-Nevada It also operates , a chain of luxuryu hotels. The company said its earnings were helped by a 26 percent increasein 2008-09 season-pass revenue through increase d sales and higher pass prices. But lift-ticketf revenue was down 11 percent and skief visits were off9 percent. Dining, retai l and ski school revenuealso declined. Real estate revenuer was down 82 percent; the company said it sold only one condok unit in the quarter versus 17 ayear ago.
The quarterlyg results "were impacted by the continuerd severe downturn inthe economy, driving lowerf destination visitation in the quarter," CEO Rob Katz said in a Vail Resorts said its outlook for the full fiscao year is for earnings of $41 million to $51 "We are extremely pleased with the significany increase in our advance spring period pass salesz for our upcoming 2009/201p ski season," Katz said. .
Sunday, August 22, 2010
Premier Power buys Italian solar developer - Sacramento Business Journal:
The El Dorado Hills company (OTCBB: PPRW) did not disclose termzs of the acquisition. The deal was based on an exchangedof shares, as opposed to cash, a companh spokeswoman said. Premier Powerd said it expects the acquisitiomnto “significantly improve overall operating margins.” The company anticipatezs that it will begin to see substantial revenue growth in the secone half of the year as a resul of Italian projects. Premier Power said Italy is “arguably the world’s fastesyt growing solar powermarket today.” The market is expected to grow to 3,000 megawatts by up from 325 megawatts in 2008.
Arco Energy also is a distributorf for CanadianSolar (Nasdaq: CSIQ) and Suntech STP) modules, as well as Sola Max and Power One invertors and othet system components. “Premier Power’s expertise in the design, engineering and integration of all types ofprojects — from utility scale solatr farms to ground-mount use of thin film, roof-top modulexs and large single and bi-directional trackers to building integratecd roof-top systems — is unlikre any other company in Italy,” said Marco Pulitano, chief executivre officer for Arco Energy, in a news release.
“Thies versatility gives us the abilityy to seize both the immediatre opportunity and remain in Italy asa long-terj player.”
Friday, August 20, 2010
United Fire Board Declares Regular Dividend on Common Stock - MarketWatch (press release)
United Fire Board Declares Regular Dividend on Common Stock MarketWatch (press release) Our subsidiary, United Life Insurance Company, has been named to the Ward's 50 Life & Health Insurance Companies for five consecutive years (2006-2010). |
Wednesday, August 18, 2010
Back to School: Health Insurance Options for College Students in a Post-Reform ... - MarketWatch (press release)
ABC News | Back to School: Health Insurance Options for College Students in a Post-Reform ... MarketWatch (press release) The company also released an updated version of its 'Health Insurance 101' student health insurance buyer's guide to reflect new health reform laws and ... Neb. getting $1M to monitor health insurance rates 5th insurer OKs health rate deal with Massachusetts Without individual mandate, health care reform isn't reform |
Monday, August 16, 2010
Utah regulators get HHS grant to police health insurance rate hikes - Salt Lake Tribune
KEZI TV | Utah regulators get HHS grant to police health insurance rate hikes Salt Lake Tribune The Utah Department of Insurance was among 45 states and Washington DC that sought the grants. In its application, the department said it intends to develop ... Illinois Gets $1M For Health Insurance Rate Review Protesters Mock Loss Ratio Lobbyists Nebraska to receive $1 million from feds to monitor health insurance premium hikes |
Saturday, August 14, 2010
Health insurance limits are rising, if regulators approve - USA Today
Health insurance limits are rising, if regulators approve USA Today By Web Bryant, USA TODAY By Julie Appleby, Kaiser Health News A few months into a new job as a contract engineer, Jim Arey was stunned by an $8000 bill he ... |