TORONTO, Jan. 31, 2012 /CNW/ - Sino-Forest Corporation ("Sino-Forest" or the "Company") (TSX: TRE) today announced that it is publicly releasing the Final Report of the Independent Committee of the Company's Board of Directors (the "IC"). Establishment of the Independent Committee On June 2, 2011, in response to a report issued by Muddy Waters, LLC (the "MW Report"), the Board of Directors appointed a committee of independent directors to examine the allegations in the MW Report, and report...
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TORONTO, Jan. 31, 2012 /PRNewswire/ - Sino-Forest Corporation ("Sino-Forest" or the "Company") (TSX: TRE) today announced that it is publicly releasing the Final Report of the Independent Committee of the Company's Board of Directors (the "IC"). Establishment of the Independent Committee On June 2, 2011, in response to a report issued by Muddy Waters, LLC (the "MW Report"), the Board of Directors appointed a committee of independent directors to examine the allegations in the MW Report, and...
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American Industrial Systems Inc. (AIS) is an ISO 9001:2008 certified supplier and manufacturer of 4.3”, 7”, 10” and 15” low cost human-machine interface (HMI) terminals, enhancing work efficiency in the food, beverage, chemical, pharmaceutical and biotechnology industries. AIS specializes in man-machine interface solutions and offers a full-range of operator interface terminals for improving control systems and processes, resulting in increased efficiency, productivity, and...
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RICHMOND, BC, Jan. 31, 2012 /CNW/ - Catalyst Paper Corporation (TSX:CTL) announced today that the company and certain of its subsidiaries have obtained an Initial Order from the Supreme Court of British Columbia under the Companies' Creditors Arrangement Act (CCAA). The terms and conditions of the restructuring plan have not yet been determined by the company. The company also announced that JP Morgan has agreed to provide debtor-in possession (DIP) financing to Catalyst, which is expecte...
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RICHMOND, BC, Jan. 31, 2012 /PRNewswire/ - Catalyst Paper Corporation (TSX:CTL) announced today that the company and certain of its subsidiaries have obtained an Initial Order from the Supreme Court of British Columbia under the Companies' Creditors Arrangement Act (CCAA). The terms and conditions of the restructuring plan have not yet been determined by the company. The company also announced that JP Morgan has agreed to provide debtor-in possession (DIP) financing to Catalyst, which is ...
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KELOWNA, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - STRATHMORE MINERALS CORP. (" Strathmore " or "the Company") (TSX:STM)(OTCQX:STHJF) is pleased to announce that it has entered into a strategic Definitive Agreement ("the Agreement") with Korea Electric Power Corporation (" KEPCO "), whereby KEPCO will subscribe for common shares of Strathmore, with the proceeds to be used for the development of the Company's Gas Hills Uranium properties in Wyoming. In addition, the Agreement contains an of...
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Strong fourth quarter caps record year for Suncor CALGARY, ALBERTA--(Marketwire - Jan. 31, 2012) - All financial figures are unaudited and in Canadian dollars (Cdn$) unless noted otherwise. All financial information, unless otherwise noted, has been prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting, within Part 1 of the Canadian Institute of Chartered Accountants Handbook, ...
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Strong fourth quarter caps record year for Suncor CALGARY, ALBERTA--(Marketwire - Jan. 31, 2012) - All financial figures are unaudited and in Canadian dollars (Cdn$) unless noted otherwise. All financial information, unless otherwise noted, has been prepared in accordance with Canadian generally accepted accounting principles (GAAP), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting, within Part 1 of the Canadian Institute of Chartered Accountants Handbook, ...
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CALGARY, ALBERTA--(Marketwire - Jan. 31, 2012) - Portal Resources Ltd. (TSX VENTURE:PDO) is pleased to announce that, further to its news release of December 20, 2011, it completed today the acquisition of the oil and gas production assets in west central Saskatchewan (the "Assets") for a total purchase price of $8.3 million. The purchase consideration was paid all in cash (and no shares of Portal as previously contemplated). Pursuant to an agreement with a company listed on the TSX Venture E...
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Southern California Edison (SCE), operator of the San Onofre Nuclear Generating Station, has begun a precautionary shutdown of Unit 3 because sensors installed for this purpose detected a possible leak in one of the unit’s steam generator tubes. The potential leak poses no imminent danger to the public or plant workers. There has been no release to the atmosphere. San Onofre personnel will evaluate the cause of the leak and the steps required to repair it and resume operations. Unit 2 i...
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BIRMINGHAM, Ala., Jan. 31, 2012 (GLOBE NEWSWIRE) -- Arcis Resources Corporation ("Arcis") (OTC: ARCS.QB), announced today that its CEO, Kenneth "Butch" Flatt, was featured on CorporateProfile.com. CorporateProfile.com provides a unique platform for investors to receive market information through a less traditional, more social media vehicle. This gives the investor community insight in a direct and intimate CEO profile interview. "As showcased in recent news, Arcis serves many Fortune 50...
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EnCap Undergoes Name Change and Provides Updates Vancouver, British Columbia CANADA, January 31, 2012 /FSC/ - LCTI Low Carbon Technologies International Inc. formerly EnCap Investments Inc. (ENC.H - TSX Venture),Further to the Company's news releases dated November 15 and December 16, 2011, the Company wishes to provide its shareholders and others with the following updates: 1. The merger transaction with Sustainable Energy Properties ("SEP") is still in progress. The parties exchanged "pre-closing"...
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-- Full Financial Results to be Released on Tuesday, February 7, 2012 -- BBCN Bancorp, Inc. (Nasdaq: BBCN) today announced preliminary financial results for the fourth quarter of 2011. The merger of Center Financial Corporation (“Center”) with and into Nara Bancorp, Inc. ("Nara") was completed on November 30, 2011, and marked the beginning of operations under the new name of BBCN Bancorp, Inc. (“BBCN” or "the Company”). As a result of the significant time requi...
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CALGARY, ALBERTA--(Marketwire - Jan. 31, 2012) - Guide Exploration Ltd. (TSX:GO) ("GuideX" or the "Corporation") is pleased to announce that it has completed its previously announced transaction to acquire certain producing and undeveloped natural gas assets in Northwestern Alberta. OPERATIONAL UPDATE & GUIDANCE FOR 2012 In December 2011, GuideX achieved exit production volumes of 12,000 BOE/d as follows: After giving effect to the closing of the Northwest Alberta asset acquisition, G...
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PITTSBURGH, Jan. 31, 2012 /PRNewswire-USNewswire/ -- USW is pleased to announce that we have reached a tentative agreement with Shell on a new three-year agreement, pending ratification by the union's membership. (Logo: http://photos.prnewswire.com/prnh/20080131/DC12982LOGO ) The USW represents 30,000 workers at 168 production, refining, marketing, transportation, pipeline and petrochemical facilities nationwide, including 69 refineries representing approximately 64 percent of US refini...
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SM Energy Company (NYSE: SM) is scheduled to release details regarding its earnings for the fourth quarter and full year of 2011 after the close of trading on February 22, 2012. A teleconference to discuss these results and other operational matters is scheduled for February 23, 2012, at 8:00 a.m. Mountain time (10:00 a.m. Eastern time). The call participation number is 877-445-0811 and the conference ID number is 48119439. An audio replay of the call will be available approximately two hours after th...
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A UC Davis study finds that it pays to be green, as companies that are open about their greenhouse gas emissions and carbon reduction strategies see stock values rise. Graduate School of Management Professor Paul Griffin and his co-author, Yuan Sun of UC Berkeley, tracked stock prices of firms around the time these companies voluntarily issued press releases disclosing carbon emission information. In the days after the press releases were issued, the companies saw their stock prices increase signi...
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First Northern Community Bancorp (the “Company,” ticker symbol FNRN- OTCQB), holding company for First Northern Bank (“First Northern” or the “Bank”), today announced financial results for the fourth quarter of 2011. Louise Walker, President and Chief Executive Officer, stated, “The Company reported year-to-date net income as of December 31, 2011 of $3.2 million, up 18.5% compared to net income of $2.7 million reported for the same fiscal period last ye...
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The Board of Directors of El Paso Electric (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on March 30, 2012 to shareholders of record on March 15, 2012. El Paso Electric is a regional electric utility providing generation, transmission, and distribution service to approximately 380,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric ...
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New Album Available May 1st on Decca NEW YORK, Jan. 31, 2012 /PRNewswire/ -- Rufus Wainwright returns to the pop foray with his eagerly anticipated new album, Out of the Game , to be released May 1st on Decca. Produced by the celebrated Mark Ronson , this is the seventh studio album from one of the most accomplished, contemporary singer-songwriters today. (Photo: http://photos.prnewswire.com/prnh/20120131/NY45421 ) (Logo: http://photos.prnewswire.com/prnh/20110323/NY70756...
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2012) - Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX:ORA) today filed technical reports for the Sao Francisco and Sao Vicente gold mines (the "Brazilian Mines") in Mato Grosso State, Brazil. On November 10, 2011, the Company issued a press release announcing the updated mineral resource and reserve estimates for the Brazilian Mines. The updated mineral resource and reserve estimates for the Brazilian Mines were prepared internal...
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On January 31, 2012, the Board of Directors of American States Water Company (NYSE:AWR) approved a quarterly dividend of $0.28 per share on the Common Shares of the Company. This action marks the 303 rd consecutive dividend payment by the Company. For more than 57 consecutive years, American States Water Company shareholders have received an increase in their aggregate annual dividend. Dividends on the Common Shares will be payable on March 1, 2012 to shareholders of record at the close of busine...
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TORONTO, Jan. 31, 2012 /CNW/ - (TSX: SCP ) - Sprott Resource Corp. ("SRC") announced that its subsidiary, One Earth Farms Corp. ("One Earth Farms"), held an investor conference call at 4:00 p.m. on January 31, 2012 (the "Conference Call"). The Conference Call was hosted by Stephen Yuzpe, CFO of SRC and Chairman of the Board of Directors of One Earth Farms, and Larry Ruud, President and CEO of One Earth Farms. The replay of the conference call can be accessed by phone until April 27, 2012 by di...
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NEW YORK, Jan. 31, 2012 (GLOBE NEWSWIRE) -- Globe Specialty Metals, Inc. (Nasdaq:GSM) ("GSM") announced today that it will report second quarter fiscal 2012 financial results and will discuss GSM's business outlook on Monday, February 6, 2012. GSM invites all interested persons to participate on its conference call at 9:00 a.m., Eastern Time. The dial-in number for the call is 877-293-5491. International callers should dial 914-495-8526. Please dial in at least five minutes prior to the call to regist...
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Kaydon Corporation (NYSE: KDN) will hold its conference call for fourth quarter and full year 2011 earnings on Friday, February 24, 2012. The conference call will begin at 11:00 a.m. Eastern time and will follow the Company’s release of fourth quarter and full year 2011 earnings prior to the call on that same day. The conference call can be accessed telephonically in a listen-only mode by dialing 1-888-438-5524 and providing the following passcode number: 800500. Participants are asked to d...
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