FAA to hire 12500 air traffic controllers over decade
The Federal Aviation Administration announced plans to recruit 12 500 controllers in ten years and accelerate training to curb shortages from retirements. The report to Congress notes 73 percent of the current 14 816 controllers will be eligible to retire, with over 11 000 staff losses expected in the period.
MENTIONED IN THIS ARTICLE
Federal Aviation Administration
Congress
FAA
Aquila To Exit Batesville Power Pact In $16.2 Million Deal
Aquila Inc. will exit a power purchase and sale agreement in Batesville Mississippi netting 16.2 million dollars. It will also terminate a natural gas supply contract with the American Public Energy Agency. Regulators must approve the agreement. Aquila serves seven Midwestern states including Kansas.
MENTIONED IN THIS ARTICLE
Aquila Inc
Batesville
Miss
Aquila
LSP Energy Partnership
South Mississippi Electric Power Assn
Kansas City
American Public Energy Agency
Kansas
Diller to anchor new public online travel company
Billionaire Barry Diller said he will form a new publicly traded online travel company anchored by the Expedia franchise. The entity will split AcActiveCorp into two firms, one online travel agency and one electronic retailer, with Expedia.com Hotels.com and Hotwire under the travel unit. The travel firm could go public in mid-2005.
MENTIONED IN THIS ARTICLE
Barry Diller
Fox Broadcasting
Wall Street
Expedia
Diller
AC/InterActiveCorp
Match.com
Ticketmaster
Expedia.com
Hotels.com
Hotwire
Airbus lands first A350 commitments from Air Europa
Air Europa signed a memorandum of understanding to buy 10 A350s valued at about 2 billion dollars with options on two more. The agreement follows Airbus receiving permission to market the new jet, signaling a key early commitment in the A350 program.
MENTIONED IN THIS ARTICLE
Airbus Sas
Air Europa
Boeing Co
European Aeronautic Defence and Space Co
Airbus
Brad
Smith
Best Buy
Rochester
Wall Street climbs as Bear Stearns profits beat estimates
The Dow tops 10,759 on upbeat earnings from Bear Stearns and Intel upgrade. The S&P 500 and Nasdaq rise, aided by year end portfolio adjustments and optimism for 2005 profits. Investors cite improved fundamentals and window dressing amid holiday mood.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Tech
Intel Corp
Intel
Hugh Johnson
First Albany Corp
Digital cameras top electronics gifts for holiday shoppers in 2004
The Associated Press notes the digital camera has become the year’s leading electronics gift, replacing the DVD player as the top item since 2000. Analysts forecast 10 million cameras sold this holiday season, with penetration rising to 70 percent by 2007 and US sales near $4.5 billion.
MENTIONED IN THIS ARTICLE
Roc Hester
N.Y
Consumer Electronics Assa
Marilyn Smith
Hawaii
U.S
United States
Chris Chute
IDC
Framingham, Mass
H&R Block subsidiary to pay $500000 fine
H&R Block Financial Advisors Inc, a subsidiary of H&R Block Inc, agreed to pay 500000 in fines to settle charges that two former brokers aided a hedge fund in improper trading. The unit must also pay 325000 in restitution to affected mutual funds. the firm did not admit wrongdoing.
MENTIONED IN THIS ARTICLE
Kansas City
H&r Block Inc
National Association of Securities Dealers
H&r Block Financial Advisors Inc
Brian Nygaard
H&r Block Financial Advisors
New York Stock Exchange
Serologicals raises 105.16 million in stock offering
Serologicals Corp raises 105.16 million from a public offering led by CEO David Dodd. Proceeds will pay down debt, fund a 44,000 square foot Lawrence plant, and cover general corporate expenses as the company advances Ex-Cyte and growth plans. The deal adds about 5.46 million shares at 22.80 each, with Ex-Cyte already contributing roughly 30 million in annual sales.
MENTIONED IN THIS ARTICLE
David Dodd
Serologicals Corp
Biosciences Company
Lawrence
East Hills
Serologicals
Dodd
Upstate Group
Chemicon International Inc
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