Companies : Page 2716

Johnson Controls and Hitachi to form global HVAC joint venture

January 22, 2015 Johnson Controls, Hitachi, Ltd. and Hitachi Appliances, Inc. entered into a definitive agreement for their global joint venture in Davos, Switzerland.

S&P to pay $80 million to settle fraudulent misconduct charges

January 22, 2015 Standard & Poor's Ratings Services has agreed to pay nearly $80 million to settle fraudulent misconduct charges over its ratings of some mortgage-backed securities starting in 2011, the Securities and Exchange Commission.

FirstEnergy invested more than $1 billion in power projects

January 22, 2015 FirstEnergy Corp. invested approximately $690 million in 2014 in the Ohio Edison service area.

SpaceX got $1 billion from Google and Fidelity

January 22, 2015 Space Exploration Technologies (SpaceX) has raised a billion dollars in a financing round with two new investors, Google and Fidelity.

Royal Mail parcel volumes were up 3%

January 22, 2015 Royal Mail plc issued the trading update covering the nine months ended December 28, 2014. Parcel volumes were up 3% in the first nine months, compared with 2% in the first half, supported by growth in import parcels.

Abengoa and AWT to develop the world's first solar-powered desalination plant

January 22, 2015 Abengoa has been selected by Advanced Water Technology (AWT) to jointly develop the world's first large-scale desalination plant to be powered by solar energy, in Saudi Arabia.

GTS now under T-Mobile brand

January 22, 2015 Starting from January 15th this year, all services and products previously available under the GTS brand will be offered under the strong international brand of Deutsche Telekom Group.

Tech Air buys McGinnis Welding Supply

January 22, 2015 Tech Air, a Connecticut-based distributor of industrial, medical, and specialty gases and related welding supplies, has acquired McGinnis Welding Supply of Wichita Falls, Tx. Tech Air is owned by CI Capital Partners and Tech Air management.

Lockheed Martin's testing station for U.S. Navy to save billions

January 22, 2015 Lockheed Martin delivered the first electronic Consolidated Automated Support System (eCASS) to the U.S. Navy for maximizing aircraft readiness.

Nordstrom to open racks in Folsom, Ca. and Wayne, N.J.

January 21, 2015 Nordstrom announced plans to open a Nordstrom Rack at Palladio at Broadstone in Folsom, Ca. The 33,000-square-foot store is scheduled to open in spring 2016.

BHP Billiton to cut US shale oil operation by 40%

January 21, 2015 The falling oil price has forced BHP Billiton, to cut its US shale oil operation by 40%. It is reducing the number of rigs from 26 to 16 by the end of the June.

Cheung Kong Infrastructure buys Eversholt Rail for $3.8 billion

January 21, 2015 Hong Kong's Cheung Kong Infrastructure Holdings has bought Britain's Eversholt Rail for an enterprise value of 2.5 billion pounds ($3.8 billion), the latest in a string of Asian buyers targeting European assets.