Scientists Breed Golden Eagle From Frozen Sperm
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Mass. Sets New Limits on Mercury Emissions
URL: http://www.boston.com/news/local/massachusetts/articles/2004/05/26/tougher_emission_rules_set/ Website: http://www.boston.com/news/local/massachusetts/articles/2004/05/26/tougher_emission_rules_set/
Europe Not Meeting Renewable Energy Targets
URL: http://www.solaraccess.com/news/story?storyid=6818 Website: http://www.solaraccess.com/news/story?storyid=6818
Global Warming Shareholder Resolution at ExxonMobil Achieves 8.8% Vote
A solid 8.8 percent of ExxonMobil (NYSE: XOM) shareholders — representing an estimated 475 million shares totalling $21 billion — voted in favor of a proxy resolution urging the world's largest oil company to stop ignoring the risks of global warming. The resolution sponsored by Christian Brothers Investment Services, Inc. (CBIS) called on the company to provide the data to justify its failure to protect shareholder interests against the risks posed by climate change. In recent years, two global-warming resolutions attracted high levels of support among ExxonMobil shareholders. The company challenged the resolutions which were killed by the Securities and Exchange Commission (SEC). As a result, the only proxy question to survive was a new resolution sponsored by Christian Brothers Investment Services. The initial 8.8 percent support level for the first-strong resolution is considered strong in that SEC rules require a vote of only 3 percent for a first-year resolution to be re-introduced in a second year. CBIS Director of Socially Responsible Investing John Wilson said: "This resolution invites ExxonMobil to defend its public position on climate change. We are disappointed that the company has so far refused to do so. Our new resolution takes a fresh approach to the […]
CUNO to Acquire WTC Industries
CUNO Inc. (Nasdaq: CUNO) and WTC Industries (OTC: WTCO) announced today they have entered into a merger agreement under which CUNO will acquire WTC for about $110 million in cash and assumed debt to expand its water filtration business. WTC shareholders will receive $39.87 in cash for each of their shares, while WTC option and warrant holders will receive cash based on the difference between $39.87 per share and the exercise price of their options and warrants.The terms value WTC at a 27 percent premium over its shares' Tuesday closing price. Meriden, Connecticut-based CUNO makes filtration products for liquids and gases. Its products are used in the fluid processing, health care and potable water markets. WTC, which is based in Eagan, Minnesota, through its PentaPure Inc. operating unit makes water filtration systems and replacement filter cartridges. CUNO plans to use cash and bank financing to finance the purchase, and will assume about $9.5 million of WTC bank debt. The transaction is expected to close by the end of July. WTC employs about 220 people and had sales of $28.3 million in 2003. The planned combination will increase CUNO's presence in the point-of-use water filtration products business. Website: [sorry this link […]
Running on Fumes
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FuelCell Energy Q2 Results Web Conference Call: June 3
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Super Organics
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Organic Farmers Irate Over USDA Label Changes
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Car Owners Turning to Vegetable Oil as Fuel Alternative
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