Market News

3M Company (MMM)

3M Health Information Systems has released 3M™ Mobile Dictation Software on the iPhone® platform, giving physicians greater control over their dictation workflow. The advanced mobile application, also available on the BlackBerry® and Windows Mobile® platforms, offers physicians the freedom of using a single device for phone, email, and dictation, and provides “anytime, anywhere” access via Wi-Fi or 3G wireless service.
Using 3M Mobile Dictation, physicians can dictate notes, view patient lists, and display current patient information on the smartphone screen, saving time and freeing them to focus on patient care. The software provides always-on connectivity, eliminating the need to synchronize smartphones to a dictation system, and is enhanced with a full range of security features that fulfill HIPAA and hospital-specific guidelines for encryption and authentication.

Feb 25 · 3:55:00 PM · Source: Company Press Release
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by Michael Oliveto

GE (GE)

GE Intelligent Platforms today announced that its breakthrough process control solution, Proficy® Process Systems, was chosen by China Baogang Group’s subsidiary Barun Mining Co. Ltd. for use in the company’s iron mining business in China. The company chose GE’s solution to facilitate product quality improvement, optimize production and reduce cost.
China Baogang is one of the largest equipment manufacturers in China, involved in the construction of metallurgical, infrastructural facilities, and other industrial projects. The company also provides geo-technical engineering construction, industrial and civil construction, rock and earthwork excavation, equipment installation, and steel structure fabrication and installation services.

Feb 25 · 3:49:00 PM · Source: Company Press Release
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by Michael Oliveto

China Eastern Airlines (CEA)

China Eastern Airlines Corp. (NYSE:CEA), the nation’s second-largest carrier, denied a media report saying it’s seeking to sell a 20 percent stake to investors in the Middle East and Europe. “There’s no such plan,” Board Secretary Luo Zhuping said today, denying an Emirates Business report. He declined to comment on whether the carrier had resumed talks with Singapore Airlines Ltd. on a share sale.
China Eastern is on the look out for strategic investors in the Middle East and Europe, Emirates Business said today, citing Xu Zhao, Chief Financial Officer of parent China Eastern Air Holding Co. The Shanghai-based carrier failed to sell a 24 percent stake to Singapore Air and its parent in 2008. China Eastern is “actively seeking a strategic investor” and would like to find a partner this year, President Ma Xulun said. In addition, China Eastern Airlines is in advanced talks with AMR Corp (NYSE:AMR), American Airlines parent to bring it into the Oneworld alliance, AMR's Chief Financial Officer Tom Horton said on Wednesday.

Feb 25 · 3:48:00 PM · Source: Businessweek.com
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by Steve Wieczorek

du Pont (DD)

The Massachusetts Institute of Technology (MIT) Technology Review magazine has named DuPont to the 2010 TR50, the inaugural list of the 50 most innovative companies in the world. DuPont was recognized for its efforts to develop and commercialize biobutanol with partner BP.
Each company on Technology Review’s top 50 list was evaluated based on its business model, strategies for deploying and scaling up technologies, and the likelihood of success. The scope of each company spanned energy, computing, the Web, biomedicine and materials.

Feb 25 · 3:47:00 PM · Source: Company Press Release
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by Michael Oliveto

Boeing (BA)

Boeing and United Airlines have finalized an order for 25 787-8 jetliners. The agreement includes the opportunity to purchase another 50 Dreamliners. The order is valued at $4.2 billion at average list prices.
United expects to take delivery of the 787s at the same time it will begin to retire its Boeing 747s and 767s operating on international routes. "Boeing and United Airlines share an 80-year partnership," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "United, which launched the Boeing 777, now begins a new chapter with the 787 Dreamliner, the most technologically advanced commercial jetliner ever built."

Feb 25 · 3:44:00 PM · Source: Company Press Release · Related: UAL Corp.
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by Michael Oliveto

Boeing (BA)

A third airplane has joined the Boeing 787 Dreamliner flight-test program. ZA004, the fourth flight-test airplane to be built, took off at 11:43 a.m. local time from Paine Field in Everett, WA.
The program plan called for ZA004 to fly before ZA003 because the data ZA004 is collecting is needed more quickly both for certification and development of the 787-9. "Airplane No. 4 operated flawlessly today," Captain Heather Ross said after landing. "We've got a lot of work ahead of us but I can't imagine a better start to the flight test program for this airplane."

Feb 25 · 3:40:00 PM · Source: Company Press Release
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by Michael Oliveto

Alcoa (AA)

Alcoa announced that it is among 60 corporations pilot testing a draft protocol for accounting and reporting greenhouse gas (GHG) emissions across a product’s life cycle. The Greenhouse Gas Protocol Initiative is being launched by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).
WRI and WBCSD have developed two new GHG Protocol standards, the Product Life Cycle Accounting and Report Standard and the Scope 3 (Corporate Value Chain) Accounting and Reporting Standard. Alcoa will test the Product Standard by measuring the climate change impact of its aluminum forged wheels.

Feb 25 · 3:34:00 PM · Source: Company Press Release
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by Michael Oliveto

AMR (AMR)

American Airlines (NYSE:AMR), looks to widen ties with Asia by welcoming India's largest airline into its oneworld global airline alliance, according to TradingMarkets.com. Kingfisher Airlines, India's largest domestic carrier and only five-star airline, has signed a memorandum of understanding with oneworld, signaling its intention to join the alliance, subject to Indian regulatory approval, officials said Tuesday.
The MOU agreement was signed at a meeting between Kingfisher Airlines' Chairman and CEO Vijay Mallya and CEOs from oneworld's 11 member airlines. American Chairman and CEO Gerard Arpey said the addition of Kingfisher will solidify oneworld's standing as the world's premier airline alliance. If Kingfisher's regulatory application is approved, the Indian carrier could become a member of oneworld in 2011, oneworld and American executives said.

Feb 25 · 3:29:00 PM · Source: TradingMarkets.com
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by Steve Wieczorek


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