General News
BP unveils profit boosting plans (AP)

BP PLC said Tuesday that plans to boost efficiency and reduce costs could lift annual pretax profits by more than $3 billion over the next two to three years.

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Allis-Chalmers Energy Reports Fourth Quarter and Full Year 2009 Results (Business Wire)

HOUSTON----Allis-Chalmers Energy Inc. reported a net loss attributed to common stockholders for the fourth quarter of 2009 of $9.5 million, or $0.13 per diluted share, after preferred stock dividend, compared to a net loss of $70.4 million, or $2.00 per diluted share in the fourth quarter of 2008.

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ArQule Reports Fiscal 2009 Year End and Fourth Quarter Results (Business Wire)

WOBURN, Mass.----ArQule, Inc. today announced its financial results for the year and for the fourth quarter ended December 31, 2009.

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AlumiFuel Power, Inc. Announces Update of Its Unmanned Underwater Vehicle Initiatives (Business Wire)

Here is the original post: AlumiFuel Power, Inc. Announces Update of Its Unmanned Underwater Vehicle Initiatives (Business Wire)

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Fuel Tech Announces Alliance Agreement with a Major Domestic Power Producer (Business Wire)

WARRENVILLE, Ill.----Fuel Tech, Inc. , a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced the signing of an alliance agreement with a major domestic power producer for the potential supply of multiple nitrogen oxide control systems.

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Stock futures rise following gains overseas (AP)

Stock futures rose Tuesday following gains globally overnight. Overseas markets rallied on upbeat economic reports in Asia and growing hopes European leaders will complete a bailout for debt-burdened Greece.

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GeoResources, Inc. Reports Proved Reserves (Business Wire)

HOUSTON----GeoResources, Inc., , today announced its proved reserves of crude oil and natural gas as of December 31, 2009. Based on the prescribed Securities and Exchange Commission rules, proved reserves were estimated at 20.7 million barrels of oil equivalent , being 55% oil and 75% proved developed.

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Fresh Del Monte Produce Announces Fourth Quarter and Full-Year 2009 Financial Results (Business Wire)

CORAL GABLES, Fla.----Fresh Del Monte Produce Inc. today reported financial results for the fourth quarter and year ended January 1, 2010. Excluding asset impairment and other charges, net, the Company reported earnings per diluted share of $0.36 for the fourth quarter of 2009, compared with earnings per diluted share of $0.41 in the fourth quarter of 2008.

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China shares fall after weeklong rise (AP)

China's shares fell Tuesday amid uncertainty about the economic outlook after a weeklong rise. The benchmark Shanghai Composite Index dropped 0.5 percent, or 14.73 points, to 3,073.11 after gaining 3 percent since Feb. 23.

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Orosur Mining Inc. Announces Results for Updated Resource Estimate Of Arenal Deeps of 2.05Mt @ 3.68g/t (using a 1.5g/t cutoff) (Business Wire)

MONTEVIDEO, Uruguay----Orosur Mining Inc. is pleased to announce completion of the updated Arenal Deeps resource estimate. The resource was modeled and estimated by Mine Development Associates and is considered to be NI 43-101 compliant.

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