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Xerox (XRX)
Xerox Corporation today announced the Xerox DocuMate™ 3640, a duplex flatbed scanner that can scan up to 80 images per minute. The scanner features an 80-page capacity automatic document feeder, with an ultrasonic double feed detection system to ensure that stapled or misfed documents are identified and the user is alerted.
Feb 24 · 10:02:00 AM · Source: Company Press Release
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by Larry Etter
IBM (IBM)
IBM has elected Andrew N. Liveris to its Board of Directors. Liveris, 55, is chairman, president and chief executive officer of The Dow Chemical Company, a diversified global chemical company.
Feb 24 · 9:58:00 AM · Source: Company Press Release
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by Larry Etter
HP (HPQ)
HP today launched a range of services for small- to midsize data center operations that help improve efficiency, increase the flexibility of IT budgets and ensure service-level commitments.
With this portfolio of services from HP, owners of small- to midsize data centers can maximize business return on existing assets. These services will enable clients to take advantage of service-delivery models such as virtualization and cloud computing.
Feb 24 · 9:55:00 AM · Source: Company Press Release
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by Larry Etter
HP (HPQ)
HP announced it has appointed Tom Iannotti, currently managing director and senior vice president of Americas and Enterprise Business at HP, to lead HP Enterprise Services. Joe Eazor, who currently runs Enterprise Services, will become senior vice president of Corporate Growth Initiatives in the Office of Strategy and Technology at HP. Both changes are effective immediately.
Feb 24 · 9:52:00 AM · Source: Company Press Release
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by Larry Etter
Exxon Mobil (XOM)
A strike squeezing French oil refineries spread Tuesday to facilities owned by ExxonMobil, raising the pressure on Total SA and the government to ward off gas shortages.
Workers at an ExxonMobil-owned Esso depot joined in the walkout Tuesday to support their Total colleagues, who have been striking since last week over plans to close a plant in northern France.
The Esso depot in Port Jerome, on the English Channel, was closed before dawn for lack of workers, CGT union organizer Laurent Delaunay said. Workers at an Esso refinery in neighboring Notre-Dame-de-Gravenchon, France's second-largest refinery, were set to walk out later Tuesday.
Together, Total and Esso refineries account for about 70 percent of France's refining capacity.
A prolonged strike and serious gas shortages could be bruising for French President Nicolas Sarkozy's government as it faces regional elections in less than three weeks. The refinery blockages come amid other acts of unrest among French workers, including an air traffic controllers' strike canceling hundreds of flights Tuesday.
Feb 24 · 12:31:00 AM · Source: Forbes
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by Michael Oliveto
Exxon Mobil (XOM)
Qatar Petroleum and Exxon Mobil Corporation announced the Al Khaleej Gas-Phase 2 (AKG-2) project, with 1,250 million cubic feet per day (mcfd) of sales gas capacity, initiated operations in December 2009.
The new facilities are designed to meet the growing demand of local industries. Combined with Al Khaleej Gas-Phase 1 (AKG-1), which began production in 2005, AKG will have a total capacity of 2,000 mcfd, making it the largest source of domestic gas supply in the State of Qatar.
Feb 24 · 12:27:00 AM · Source: Company Press Release
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by Michael Oliveto
United Technologies (UTX)
United Technologies sold $2.25 billion of debt in a two-part sale.
The offering included $1.25 billion of 10 year notes priced to yield 87 basis points over comparable U.S. Treasuries and $1.0 billion of 30 year bonds priced to yield 109 basis points more than U.S. Treasuries. The joint book managers on the sale were Bank of America Merrill Lynch, BNP Paribas, Citigroup, Deutsche Bank and RBS.
Feb 24 · 12:25:00 AM · Source: Reuters
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by Michael Oliveto
United Technologies (UTX)
The Office of the Architect of the Capitol (AOC) awarded an energy savings performance contract (ESPC) to NORESCO, a national leader in energy efficiency and energy infrastructure solutions, for work in the office buildings of the U.S. House of Representatives. The project includes $34 million in facility infrastructure upgrades in the Rayburn, Longworth, Cannon, and Ford House Office Buildings, and the House Page Dormitory. NORESCO is a subsidiary of Carrier Corp., which is a unit of United Technologies.
The infrastructure upgrades will pay for themselves through more than $67 million in reduced energy and water consumption costs over the project term. After completion of construction, the House Office Buildings are expected to reduce energy consumption by 23 percent and total water consumption by 32 percent.
Feb 24 · 12:23:00 AM · Source: PR News Wire
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by Michael Oliveto
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