International Business News - Western 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 South Korean movie executives are watching to see if an unusual summer blockbuster--a "kimchi western"_ can help change the fortunes of a struggling domestic industry known for holding its own against Hollywood imports. http://www.ibtimes.com/articles/20080723/troubled-south-korean-film-industry-seeks-revival.htm Wed, 23 Jul 2008 12:46:09 EDT Western Union Co. said Tuesday that international growth helped drive its second-quarter profit up 13 percent, leading the money transfer services company to raise its full-year earnings outlook. http://www.ibtimes.com/articles/20080722/western-union-2q-profit-up-12-pct-meets-forecast.htm Tue, 22 Jul 2008 17:25:02 EDT The Canadian province of Ontario will join a regional carbon credit trading pact developed by U.S. governors that would give companies financial incentives to reduce greenhouse gas emissions. http://www.ibtimes.com/articles/20080718/ontario-joins-north-american-environment-compact.htm Fri, 18 Jul 2008 14:13:25 EDT Energy company Western Gas Partners LP said its board declared a quarterly cash distribution of 30 cents. Prorated for the 48-day period from the date of the May 14 closing of the company's initial public offering, the initial distribution will be 15.82 cents. http://www.ibtimes.com/articles/20080716/western-gas-declares-distribution-of-30-cents.htm Wed, 16 Jul 2008 14:46:55 EDT A Saudi-owned media company on Wednesday launched a 24-hour satellite movie channel featuring subtitles in Farsi, making Hollywood films more widely available to non-English speaking Iranians. http://www.ibtimes.com/articles/20080709/saudi-group-launches-farsi-movie-channel.htm Wed, 09 Jul 2008 14:44:54 EDT Money transfer services firm Western Union Co. said Wednesday it considering appealing a court ruling that gave the go-ahead to state prosecutors to seize suspected immigrant smuggling money flowing into Mexico. http://www.ibtimes.com/articles/20080702/western-union-considering-appeal-of-court-ruling.htm Wed, 02 Jul 2008 14:39:02 EDT Citing a lack of federal leadership, the nation's Western governors want to draft a national energy policy they hope will influence the next presidential administration. http://www.ibtimes.com/articles/20080702/western-govs-hope-to-sway-future-energy-policy.htm Wed, 02 Jul 2008 05:46:11 EDT Arkansas Western Gas Co. has officially changed hands, and is now owned by SourceGas LLC of Lakewood, Colo., instead of Southwestern Energy Co. of Houston. http://www.ibtimes.com/articles/20080701/arkansas-gas-company-now-owned-by-colo-firm.htm Tue, 01 Jul 2008 17:31:08 EDT Energy utility companies need regulatory and financial cooperation from state and federal governments to produce and distribute enough power for the West's growing population while also eliminating harmful carbon emissions, utility directors say. http://www.ibtimes.com/articles/20080701/western-govs-utility-heads-seek-energy-solutions.htm Tue, 01 Jul 2008 14:04:37 EDT Western Refining Inc. said Tuesday it will suspend cash dividend payments through next year, as part of its amended credit facility. The oil refiner said it amended its credit facilities to eliminate all debt obligations for the quarter that ended Monday, and will reinstate debt at renegotiated rates on Sept. 30. http://www.ibtimes.com/articles/20080701/western-refining-suspends-dividends-through-2009.htm Tue, 01 Jul 2008 09:47:34 EDT Among the stock activity stories for Monday, June 30, from AP Financial News: NEW YORK (AP)--Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares. http://www.ibtimes.com/articles/20080630/movers-roundup-western-alliance-devon-energy.htm Mon, 30 Jun 2008 14:19:56 EDT Shares of Western Alliance Bancorp hit a new all-time low Monday after the Las Vegas-based regional bank said it raised $30.2 million in a private placement of 3.8 million shares. http://www.ibtimes.com/articles/20080630/western-alliance-bancorp-shares-hit-new-low.htm Mon, 30 Jun 2008 19:45:27 EDT Governors from several Western states voted Sunday to form a council that will study ways to protect wildlife habitat in the face of ever-increasing demand for energy development in their region. http://www.ibtimes.com/articles/20080630/western-guvs-discuss-balancing-energy-wildlife.htm Mon, 30 Jun 2008 08:17:16 EDT Governors from several Western states voted Sunday to form a council that will study ways to protect wildlife habitat in the face of ever-increasing demand for energy development in their region. http://www.ibtimes.com/articles/20080629/western-guvs-discuss-balancing-energy-wildlife.htm Sun, 29 Jun 2008 23:07:39 EDT Weakness in the California economy is spreading beyond residential housing to areas including the commercial real estate sector, creating more challenges for many Western banks, said RBC Capital Markets analyst Joe Morford in a note to clients Thursday. http://www.ibtimes.com/articles/20080626/analyst-foresees-growing-weakness-at-calif-banks.htm Thu, 26 Jun 2008 13:17:29 EDT Industry conditions seem to be improving for hard disk drive maker Western Digital Corp., a Robert W. Baird analyst said Friday, raising his target price on the company's shares. http://www.ibtimes.com/articles/20080620/analyst-conditions-improving-for-western-digital.htm Fri, 20 Jun 2008 14:50:18 EDT Shares of Western Union Co. surged to a new 52-week high Friday after the money transfer services firm said it expects 2008 earnings to be at the higher end of its guidance range. http://www.ibtimes.com/articles/20080620/western-union-shares-surge-on-revised-outlook.htm Fri, 20 Jun 2008 13:13:33 EDT Among the earnings projection stories for Friday, June 20, from AP Financial News: NEW YORK (AP)--Money transfer services firm Western Union Co. said Friday it expects 2008 earnings to be at the higher end of its guidance range of $1.18 to $1.22 per share and raised its long-term earnings growth goal as well. http://www.ibtimes.com/articles/20080620/outlook-roundup-western-union-smart-balance.htm Fri, 20 Jun 2008 10:44:28 EDT Money transfer services firm Western Union Co. said Friday its board approved a plan to repurchase $1 billion in common stock. Based on Thursday's closing price of $23.16, Western Union will be able to buy back about 43.2 million shares of common stock under the repurchase program. http://www.ibtimes.com/articles/20080620/western-union-approves-plan-to-buy-back-stock.htm Fri, 20 Jun 2008 07:48:23 EDT Money transfer services firm Western Union Co. said Friday it expects 2008 earnings to be at the higher end of its guidance range of $1.18 to $1.22 per share and raised its long-term earnings growth goal as well. http://www.ibtimes.com/articles/20080620/western-union-increases-long-term-earnings-goal.htm Fri, 20 Jun 2008 07:44:44 EDT