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Final Glance: Telecom companies

AP - 1 hr 21 mins ago

NEW YORK (AP) — Shares of some top telecom companies were down at the close of trading: (full story)

Prestigious German University Partners With MTS To Advance Wind Turbine Performance

PR Newswire - 1 hr 47 mins ago

EDEN PRAIRIE, Minn., June 19, 2013 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and position sensors, today announced that it will collaborate with GE Power Conversion to supply a simulation system to RWTH Aachen University for its Center for Wind Power Drives (CWD). RWTH Aachen University will use this equipment to study and design wind turbines in an effort to further the use of wind as a reliable, economical energy source. RWTH Aachen University's CWD is a globally renowned research institution located in Aachen, Germany. (full story)

Noble Corporation To Present At The GHS 100 Energy Conference

PR Newswire - 2 hrs 27 mins ago

ZUG, Switzerland , June 19, 2013 /PRNewswire/ -- Noble Corporation (NYSE:NE) today announced that Jeffrey L. Chastain , Vice President –Investor Relations and Corporate Communications, Noble Drilling Services Inc., will present at the GHS 100 Energy Conference in Chicago, Illinois Wednesday, June 26, 2013, at 9:30 a.m. Central Daylight Time . A live webcast and presentation slides will be available at the time of the presentation in the "Investor Relations" section of the Company's Web site http://www.noblecorp.com . A replay of the presentation will begin three hours after the conclusion of the live presentation and will be available for 30 days following the event. (full story)

Dates Set For PG&E Quarterly Stock Dividends

PR Newswire - 2 hrs 27 mins ago

SAN FRANCISCO , June 19, 2013 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today declared its second quarter 2013 regular cash dividend of 45.5 cents per share on the Corporation's common stock. The dividend is payable on July 15, 2013 to shareholders of record on July 1, 2013 . (full story)

PetroQuest Energy Announces Acquisition Of Shallow Water Gulf Of Mexico Assets And Acceleration Of Its Onshore Programs; Updates 2013 And Provides 2014 Production Guidance

PR Newswire - 2 hrs 55 mins ago

LAFAYETTE, La. , June 19, 2013 /PRNewswire/ -- PetroQuest Energy, Inc. (NYSE: PQ) announced today that it has entered into definitive agreements to acquire certain shallow water Gulf of Mexico producing properties (the "Acquired Assets") for approximately $193 million in cash. The transactions will be effective as of January 1, 2013 and are expected to close in July 2013 , subject to customary closing conditions. (full story)

PG&E Names Dick Kelly to Boards of Directors

PR Newswire - 2 hrs 56 mins ago

SAN FRANCISCO , June 19, 2013 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the election of Dick Kelly , retired Chairman and CEO of Xcel Energy, to its Board of Directors and to the Board of Directors of its subsidiary, Pacific Gas and Electric Company (PG&E), effective today. (full story)

SandRidge Energy Transitions Leadership

PR Newswire - Wed Jun 19, 3:15PM CDT

OKLAHOMA CITY , June 19, 2013 /PRNewswire/ -- SandRidge Energy, Inc. (NYSE: SD) today announced that the Board of Directors has named James Bennett CEO and president and that lead independent director Jeffrey Serota will serve as interim non-executive chairman, effective June 19 , 2013. SandRidge also announced that Tom Ward , the former Chairman and CEO of SandRidge, is leaving the company. (full story)

Newfield Exploration Appoints Two New Members to Board of Directors

PR Newswire - Wed Jun 19, 3:14PM CDT

THE WOODLANDS, Texas , June 19, 2013 /PRNewswire/ -- Newfield Exploration Company (NYSE: NFX) today announced the appointment of two new members to its Board of Directors. The new appointments follow the May 2013 retirements of long-time Newfield directors, Philip J. Burguieres and J. Michael Lacey . The number of Newfield directors remains the same with a total of 12 directors, 11 of whom are independent. (full story)

China Hydroelectric Corporation Announces Results for the First Quarter 2013

PR Newswire - Wed Jun 19, 3:01PM CDT

(full story)

Crestwood Holdings Completes Acquisition of Inergy, L.P. General Partner and Contributes General Partner of Crestwood Midstream Partners LP to Inergy, L.P.

PR Newswire - Wed Jun 19, 1:15PM CDT

HOUSTON and KANSAS CITY, Mo. , June 19, 2013 /PRNewswire/ -- Crestwood Midstream Partners LP (NYSE: CMLP) ("Crestwood Midstream") and Crestwood Holdings LLC ("Crestwood Holdings") (collectively, " Crestwood ") and Inergy, L.P. (NYSE:NRGY) and Inergy Midstream, L.P. (NYSE:NRGM) ("Inergy Midstream") (collectively, "Inergy") today announced that, Crestwood Holdings has acquired the general partner, and thus control, of Inergy, L.P. Additionally, Crestwood Gas Services Holdings LLC, a wholly owned subsidiary of Crestwood Holdings, contributed 100% of its interest in Crestwood Gas Services GP LLC, the general partner of Crestwood Midstream that also owns 100% of the incentive distribution rights of Crestwood Midstream Partners LP, for common units and subordinated units in Inergy, L.P. These transactions are part of the previously announced definitive agreements to create a fully integrated midstream partnership with a total enterprise value of approximately $7 billion . The final transa (full story)

Boom Towns: Energy Industry Triggers Heated Competition for Prime Real Estate

PR Newswire - Wed Jun 19, 1:00PM CDT

(full story)

Correction: Dish-Sprint story

AP - Wed Jun 19, 1:01PM CDT

ENGLEWOOD, Colo. (AP) — In a story June 18 about Dish Network Corp.'s announcement that it will not submit a revised bid to purchase Sprint Nextel Corp., The Associated Press reported erroneously that Softbank's competing bid for Sprint falls short of Dish's. In fact, the two offers are not directly comparable. Softbank is offering $21.6 billion for a 78 percent stake in Sprint. Dish is proposing to buy all of Sprint for $25.5 billion. (full story)

News Summary: Japan OKs nuclear requirements

By The Associated Press - AP - Wed Jun 19, 12:46PM CDT

NOD TO NUKES: Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants, paving the way for the reopening of facilities shut down since the Fukushima disaster in a move critics charged was too hasty. (full story)

AK Steel Announces Pricing of $30 Million Add-On Offering of Senior Secured Notes

PR Newswire - Wed Jun 19, 12:44PM CDT

WEST CHESTER, Ohio , June 19, 2013 /PRNewswire/ -- AK Steel Holding Corporation (NYSE: AKS) ("AK Holding") announced today that its subsidiary, AK Steel Corporation ("AK Steel"), has successfully priced a private offering of $30.0 million aggregate principal amount of its 8.750% senior secured notes due 2018 (the "add-on notes"), which were offered as an add-on to its outstanding $350.0 million aggregate principal amount of 8.750% senior secured notes due 2018. (full story)

Southern Company recognized as a top employer for workers over 50

PR Newswire - Wed Jun 19, 12:30PM CDT

ATLANTA , June 19, 2013 /PRNewswire/ -- For the first time, Southern Company has been named as one of the Best Employers for Workers Over 50. One of only two corporations in Georgia to be included in the 2013 list, Southern Company joins a diverse group of health systems, corporations, government agencies and non-profits earning recognition from AARP and the Society for Human Resource Management (SHRM). (full story)

Midday Glance: Telecom companies

AP - Wed Jun 19, 12:20PM CDT

NEW YORK (AP) — Shares of some top telecom companies are down at 1 p.m.: (full story)

Continental Announces Visionaire Energy Management Team

PR Newswire - Wed Jun 19, 12:00PM CDT

JAKARTA, Indonesia , June 19, 2013 /PRNewswire/ -- Continental Energy Corporation (OTCQB: CPPXF) (the "Company") an emerging international energy company, today announced that its CEO, Richard L. McAdoo and its CFO, Robert V. Rudman both joined the Board of Directors of Visionaire Energy AS. Current directors include Johnny Christiansen , Per Arne Lislien and Morgan Lunde . The Company acquired a 51% stake in Norway based Visionaire Energy AS pursuant to a share swap deal earlier this month. (full story)

Ur-Energy to Present at the Global Hunter Securities 100 Energy Conference

PR Newswire - Wed Jun 19, 11:58AM CDT

LITTLETON, Colo. , June 19, 2013 /PRNewswire/ -- Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") announced today that Jeffrey Klenda , Chairman, will be presenting at the Global Hunter Securities 100 Energy Conference in Chicago, IL. The Company's presentation is scheduled to begin at 11:00AM CDT on Tuesday, June 25, 2013 . (full story)

Japan formally OKs new nuclear safety requirements

By MARI YAMAGUCHI - AP - Wed Jun 19, 11:57AM CDT

TOKYO (AP) — Japan's nuclear watchdog formally approved a set of new safety requirements for atomic power plants on Wednesday, paving the way for the reopening of facilities shut down since the Fukushima disaster in a move critics charged was too hasty. (full story)

Sprint, Clearwire stocks react after Dish bows out

AP - Wed Jun 19, 11:27AM CDT

NEW YORK (AP) — Dish Network Corp.'s decision against raising its bid for Sprint Nextel Corp., leaving the cellphone company to sell a controlling stake to Softbank Corp. of Japan, sent ripples through the stock market Wednesday. (full story)

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