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UNIONTOWN, Pa., Feb. 15 /PRNewswire/ -- Pennsylvania Governor Edward G. Rendell said today the commonwealth will invest nearly $600,000 to help one of the world's largest software companies open a Uniontown facility and create at least 125 jobs within three years. Parametric Technology Corp. is planning to establish a product development solutions center in this Fayette County community. "Our goal is to make investments that bring jobs to Pennsylvania communities like Uniontown," said Governor Rendell. "We want to make sure we have jobs that keep our young people here in the commonwealth. "The investments we are making in companies and people are positioning Pennsylvania to compete in global markets. And, PTC's decision to locate here shows confidence in our skilled workforce and our business climate. "This is good news for Fayette County and the entire region," Gover... (more)

Izzo Calls for National Renewable Energy Portfolio Standard

RPS will result in green jobs and help combat climate change WASHINGTON, Feb. 10 /PRNewswire-FirstCall/ -- Ralph Izzo, president, chairman and CEO, Public Service Enterprise Group (PSEG) today called for a national renewable portfolio standard (RPS) before the Senate Committee on Energy and Natural Resources in Washington, D.C. A RPS would set a minimum requirement for the percentage of electric power that comes from renewable generation. "We urgently need decisive federal action -- not a patchwork of state and regional fixes but a strong, progressive national energy policy. A national renewable energy portfolio standard is an essential component of such an energy policy because it creates demand for technology that will transform the way we generate electricity," said Izzo. He added that a national RPS, "will send clear market signals to companies like PSEG to in... (more)

Bombardier's CSeries Aircraft Wing Manufacturing Facility Gets Under Way in Belfast

BELFAST, NORTHERN IRELAND -- (Marketwire) -- 11/17/09 -- Editors Note: A photo for this release will be available on the Canadian Press picture wire and EPA via Marketwire. Bombardier Aerospace today celebrated another major milestone in the CSeries aircraft programme as construction got under way on its new state-of-the-art aircraft wing manufacturing and assembly facility in Belfast, Northern Ireland. "This is another significant milestone in the ongoing development of the CSeries aircraft programme. In August, the test fuselage barrel arrived ahead of schedule at our St-Laurent, Quebec site, from China, and in September we celebrated the groundbreaking of our first CSeries aircraft manufacturing building in Mirabel, Quebec. The CSeries aircraft programme is progressing well and to schedule, and we look forward to receiving the first test wing from Belfast in 20... (more)

Cargill Acquires Majority Stake in PT Sorini Agro Asia Corporindo Tbk

JAKARTA, Indonesia, Dec. 15, 2010 /PRNewswire/ -- Cargill announced today that it has entered into an agreement to purchase all of the ordinary shares of PT Sorini Agro Asia Corporindo Tbk ("Sorini") held by the majority shareholder PT AKR Corporindo Tbk ("AKR") at a price of IDR 3,500 per share. The transaction is subject to approval of AKR's shareholders. In a separate transaction, Cargill also is acquiring a block of ordinary shares of Sorini from UOB Kay Hian Pte Ltd at the same price per share. This transaction will complete at the same time as the purchase from AKR. Both share purchase transactions combined will result in Cargill owning 85.01% of the ordinary shares of Sorini, at a combined purchase price of IDR 2,720 billion (approximately USD 300 million). Upon close of the transactions, Sorini will become a subsidiary of Cargill. Indonesia-based Sorini... (more)

Top Earth Day Champions Slash Carbon Emissions, Equal to 45,000 Acres of Pine Forests

MILWAUKEE, April 23, 2012 /PRNewswire/ -- In celebration of Earth Day, Johnson Controls, the global leader in delivering solutions that increase energy efficiency in buildings, released its Top Earth Day Champions list to highlight organizations saving the carbon equivalent of 45,000 acres of pine forests through energy efficiency and renewable energy projects at their facilities. Carbon emissions from building energy use are predicted to grow faster than any other sector in the next 25 years, according to the U.S. Green Building Council, making building efficiency critically important for the protection of the environment. "These organizations have already made significant environmental improvements while at the same time attacking energy waste and reducing operational costs," said Dave Myers, president of Johnson Controls Building Efficiency. "We recognize those... (more)

Walmart Store Events Bring NASCAR Race Time Savings to Richmond Starting April 24

RICHMOND, Va., April 23, 2012 /PRNewswire/ -- As Virginia prepares for the upcoming Richmond 400, select Walmart stores will offer authentic NASCAR merchandise and host exclusive fan events starting April 24. Customers are invited to attend these special events and enjoy show car displays, and racing simulators – perfect to safely get behind the wheel and feel the power of NASCAR – on April 24-27 from 10 a.m. to 5:30 p.m., depending on the store location. "Walmart is the champion of the racing fan, and we are committed to providing customers with savings on authentic merchandise, as well as unique race time experiences," said Walmart market manager Cal Phelps. "We want to give fans affordability and accessibility, so they can enjoy race time with their families and friends." Legends of Racing In celebration of its 50th anniversary, Walmart is sponsoring racing legen... (more)

InfoVista’s Market-Leading Service Performance Assurance Platform Raises Industry Standard for Scalability and Cost-Effectiveness

InfoVista, a global leader of proactive service assurance solutions, today announced the availability of VistaFoundation® Kit 4.3, a significant upgrade to the company’s service performance assurance technology platform, the most scalable, flexible and cost-effective performance platform on the market. The new release supports communications service providers’ (CSPs) and large enterprise IT organizations’ need to cost-effectively deliver a greater number of differentiated services transported by all-IP networks, maintain optimal quality of service (QoS) and end customer quality of experience (QoE), while reducing OPEX/CAPEX and lowering total cost of ownership (TCO). Today’s CSPs are facing serious threats to the sustainability of their business models from three main directions. The established downward trend in traditional voice and data revenues is set to contin... (more)

Phase III Results: Once-daily tiotropium Significantly Increases Time to First Severe Exacerbation and Reduces the Risk of Exacerbations in Asthma Patients Still Symptomatic Despite ICS/LABA Treatment

BRACKNELL, England, September 3, 2012 /PRNewswire/ --   A significant proportion of asthma patients remain symptomatic despite current treatment options and may have asthma exacerbations[1] First phase III data for tiotropium delivered by the Respimat® Soft Mist™ Inhaler (SMI)  in asthma demonstrated significant improvements in lung function in these adults[2] Tiotropium delivered by Respimat is not licensed for the treatment of asthma These data are also being published simultaneously online in the New England Journal of Medicine  available at Tiotropium delivered by the Respimat SMI significantly increased the time to first severe asthma exacerbation and in addition, reduced the risk of exacerbations (P = 0.03) in adults who remain symptomatic despite treatment with at least inhaled corticosteroids (ICS)/long-acting beta-agonists (LABA) in pha... (more)

Walmart Stores Bring NASCAR Driver Appearances, Fan Events and Unique Race Time Experiences to Talladega Area

TALLADEGA, Ala., Oct. 3, 2012 /PRNewswire/ -- As Talladega prepares for the upcoming Good Sam Roadside Assistance 500, select Walmart stores will offer authentic NASCAR merchandise and host exclusive fan events starting Oct. 4. Customers are invited to attend these special events and enjoy special appearances by Greg Biffle, Clint Bowyer and Bobby Labonte, along with show car and simulator displays– perfect to safely get behind the wheel and feel the power of NASCAR – on Oct. 4-6 from 10 a.m. to 6:30 p.m., varying by location. "We are particularly appreciative to and grateful for the commitment that Walmart and NASCAR have made to our area for the races held in Talladega," said Mack Ferguson, executive director of the Greater Talladega Area Chamber of Commerce. "Not only can many fans participate in a more cost-friendly event, but they are afforded more disposable ... (more)

Talisman Energy 2012 Results

CALGARY, ALBERTA -- (Marketwire) -- 02/13/13 -- Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) reported its operating and (unaudited) financial results for 2012. All values in this release are in US$ unless otherwise stated. 2012 Overview -- Hal Kvisle was appointed President and Chief Executive Officer on September 10, 2012, and has set four strategic priorities for the company. -- Production was 426,000 boe/d, exceeding guidance. Liquids growth in Southeast Asia, Colombia and the Eagle Ford, and higher gas volumes in North America, offset North Sea declines. -- Cash flow(1) for the year was $3 billion, down 12% compared to 2011 due to lower North American natural gas prices and lower North Sea volumes, partially offset by growing volumes in Asia. Cash flow per share(1) was $2.95 versus $3.36 in 2011. -- Fourth-quarter net income was $376 million compared to a loss of $... (more)

Wipro Cited as a Leader in Enterprise Mobility Services by Independent Research Firm

BANGALORE, India and EAST BRUNSWICK, New Jersey, February 15, 2013 /PRNewswire/ -- Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Ltd. (NYSE:WIT) today announced that it was named a "Leader" by technology global research and advisory firm Forrester Research Inc., in its report "The Forrester Wave™: Enterprise Mobility Services, Q1 2013".      (Logo: ) Forrester Research Inc. evaluated 13 leading enterprise mobility service providers across 15 criteria, relating to current offering, strategy, and market presence based on interviews with clients. Wipro scored the highest scores for its breadth of mobile technology skills and competencies, R&D and go-to-market strategy. Wipro Mobility "has built some productized IP and solutions, and started to pioneer new and innovat... (more)