International Business News - AES http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared. http://www.ibtimes.com/articles/20080630/teco-energy-leads-utility-gains-in-2q.htm Mon, 30 Jun 2008 13:22:39 EDT The Commerce Department has overridden Maryland's objection to a proposed liquefied natural gas terminal at Sparrows Point near Baltimore. The department determined that the national interest served by the facility outweighs what it described as "limited adverse coastal effects." http://www.ibtimes.com/articles/20080627/federal-agency-vetoes-md-objection-to-gas-plant.htm Fri, 27 Jun 2008 11:15:05 EDT The chairman of the Smithsonian Institution Board of Regents and his wife announced a $15 million gift Thursday to support the new Ocean Hall at the National Museum of Natural History. http://www.ibtimes.com/articles/20080626/couple-gives-15m-for-smithsonian-ocean-hall.htm Thu, 26 Jun 2008 17:27:02 EDT The chairman of the Smithsonian Institution Board of Regents and his wife are giving $15 million to support the new Ocean Hall at the National Museum of Natural History. http://www.ibtimes.com/articles/20080626/sants-give-15-million-for-smithsonian-ocean-hall.htm Thu, 26 Jun 2008 14:17:14 EDT Shares of utility companies closed mixed Wednesday as the broader stock market edged up, after the Federal Reserve left interest rates unchanged, and issued a lukewarm assessment of the economy. http://www.ibtimes.com/articles/20080625/closing-glance-utility-companies-close-mixed.htm Wed, 25 Jun 2008 16:15:09 EDT Shares of utility companies closed down Wednesday as the price of crude oil resumed its surge and the broader stock market dropped sharply. Light, sweet crude for July delivery rose $5.07 to settle at $136.38 a barrel on the New York Mercantile Exchange. The Standard & Poor's 500 index fell 22.96 points, or 1.69 percent, to close at 1,335.50. http://www.ibtimes.com/articles/20080611/closing-glance-utilities-end-down-with-market.htm Wed, 11 Jun 2008 16:08:44 EDT Gov. David Paterson on Tuesday promised up to $6 million of state funding toward the development of a new kind of coal-fired power plant in Chautauqua County. http://www.ibtimes.com/articles/20080610/ny-gov-supports-cleaner-upstate-coal-plant.htm Tue, 10 Jun 2008 17:12:49 EDT Power producer AES Corp. said Friday it completed the sale of its stake in a coal mine and power plant in Kazakhstan to London-based copper producer Kazakhmys PLC. http://www.ibtimes.com/articles/20080530/aes-completes-sale-of-kazakhstan-plant-coal-mine.htm Fri, 30 May 2008 08:15:51 EDT Power company AES Corp. said it swung to a first-quarter profit, mostly driven by strength in the company's generation business in Latin America as well as higher prices across all regions. http://www.ibtimes.com/articles/20080509/aes-posts-profit-on-latin-america-strength-higher-prices.htm Fri, 09 May 2008 08:04:55 EDT Electricity producer AES Corp. said Wednesday it completed its $930 million acquisition of a 660-megawatt thermal power plant in the Philippines. The acquisition helps AES gain entry to the Philippi... http://www.ibtimes.com/articles/20080416/aes-completes-acquisition-of-philippines-power-plant.htm Wed, 16 Apr 2008 08:08:15 EDT The wind industry's trade group spent nearly $816,000 to lobby last year as wind companies tried to persuade Congress to extend a key tax credit and make power companies use more renewable sources. http://www.ibtimes.com/articles/20080325/wind-energy-group-spent-816k-lobbying.htm Tue, 25 Mar 2008 19:25:31 EDT Shares of AES Corp. dropped to a 52-week record low on Monday after the global power company's adjusted fourth-quarter earnings per share and 2008 outlook missed analyst estimates. http://www.ibtimes.com/articles/20080317/aes-shares-plummet-on-earnings-outlook.htm Mon, 17 Mar 2008 11:50:56 EDT Power generation company AES Corp. said Monday it expects to swing to a profit this year after suffering a loss in 2007 because of costs related to the sale of a business in Venezuela. http://www.ibtimes.com/articles/20080317/aes-expects-to-swing-to-profit-in-08.htm Mon, 17 Mar 2008 07:39:06 EDT The chairman and chief executive of engineering and construction company Fluor Corp. received compensation valued at $10.4 million in fiscal 2007, a 21 percent increase from the previous year, according to a regulatory filing Monday. http://www.ibtimes.com/articles/20080303/fluor-ceo-got-21-pct-raise-in-2007.htm Mon, 03 Mar 2008 18:21:02 EST Electric power company AES Corp. said Tuesday it agreed to sell its interests in a power plant and coal mine in Kazakhstan to London-based copper producer Kazakhmys PLC for up to $1.48 billion. http://www.ibtimes.com/articles/20080205/aes-to-sell-kazakhstan-plant-and-mine.htm Tue, 05 Feb 2008 07:27:48 EST The line of towering wind turbines stand motionless on the ridgeline above Interstate 70 in central Kansas, Y-shaped silhouettes amid the swirling snow. http://www.ibtimes.com/articles/20080202/wind-farms-need-techs-to-keep-running.htm Sat, 02 Feb 2008 01:17:57 EST Richard Darman, a former White House budget director who helped convince former President George H.W. Bush to renege on his no new taxes pledge, died Friday. He was 64. http://www.ibtimes.com/articles/20080125/former-white-house-budget-director-dies.htm Fri, 25 Jan 2008 13:11:49 EST