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CAE cites restructuring, acquisition costs for drop in Q3 profit; revenue up 15%

2013-02-13 18:30:51| Electronics - Topix.net

Flight simulator builder CAE Inc. says restructuring, integration and acquisition costs contributed to a reduced net profit its fiscal third quarter.

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DNV and PSE develop concept for on-ship chemical CO2 capture; capable of reducing ship CO2 emissions by up to 65%

2013-02-13 12:30:24| Green Car Congress

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Saudi Arabia: EIA: Riyadh going green to free up oil

2013-02-13 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

United Press International: Saudi Arabia has one of the largest expansion plans for electricity in the Middle East, with the bulk of renewables coming from solar power, the EIA said. The U.S. Energy Department's Energy Information Administration updated its profile for Saudi Arabia, saying population growth and a rapidly expanding industrial sector are leading to increased electricity demand in the oil-rich country. Saudi Arabia aims to diversify its local energy mix in order to free up more of its oil for exports. The...

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Rackspace Shares Slide as Revenue Comes Up Short

2013-02-13 03:48:01| IT Services - Topix.net

The San Antonio, Texas-based firm increased revenue 25% to $353 million, below Wall Street's forecast of $355.42 million.

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TransCanada Q4 profit, revenue miss analyst estimates; quarterly dividend going up

2013-02-12 23:48:22| Oil & Gas - Topix.net

Calgary-based pipeline giant TransCanada Corp. is reporting a lower fourth-quarter profit that also fell short of analyst estimates.

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