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Indians Cut Marte, Merloni
YAHOO
AP - Top prospect Andy Marte and veteran utility infielder Lou Merloni were among six players cut Friday by the Cleveland Indians from their spring training camp.
Bush Admin. to Finalize SUV Fuel Rules
YAHOO
AP - The Bush administration is expected to complete its overhaul of fuel economy rules for pickup trucks, minivans and most sport utility vehicles next week, implementing a new system that would seek better gas mileage.
EU regulators seek more details from France
YAHOO
AFP - The European Union Commission took a firm line towards France in a row over a merger of two key companies which critics claim is a thinly veiled bid to stop the sale abroad of a major asset.
Suez, GDF Hold 'Indirect' Talks With Enel
YAHOO
AP - Suez SA and Gaz de France SA held "indirect" talks with Italy's Enel SpA after they announced a government-backed deal to combine the French utility companies last month, but the discussions have ended, Suez said Tuesday.
Alinta takes hostile takeover bid direct to AGL shareholders
YAHOO
AFP - Perth-based utility Alinta has bypassed hostile directors of takeover target Australian Gas Light Co. (AGL) by pitching its 6.5-billion-US-dollar bid for the energy giant straight to shareholders.
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Industrial output rose in February
YAHOO
Reuters - Output from U.S. factories, mines and utilities rose 0.7 percent as expected in February as utility output jumped with colder weather, the Federal Reserve said on Friday.
Sources: YAHOO
7 SUVs and 1 Pickup Pass Crash Tests
AHN
Denise Royal - AHN Staff Writer Washington (AHN) - Seven sport utility vehicles have earned the highest ratings in government crash tests. The 2006 models of the Ford Explorer, Honda Pilot, Hyundai Tucson, Mercedes Benz M-L-class, Nissan Murano and Subaru B-nine Tribeca all received five stars...
Sources: AHN
An Enel bid for Suez could light fuse for EU showdown
YAHOO
AFP - The Italian electricity group Enel is testing the conditions of a takeover bid for French energy utility Suez, a source close to the matter told AFP, a move that could incite others to compete with long-protected national monopolies.
Sources: YAHOO
Gaz De France Posts 29 Pct. Profit Rise
YAHOO
AP - State-controlled utility Gaz de France SA, which has announced plans to acquire French utility Suez SA, said Thursday its profit jumped 29 percent in 2005, partly on rising natural gas prices and growing sales volume.
Sources: YAHOO
GDF raises profits 29.0 percent and seeks price rise
YAHOO
AFP - French state-controlled gas utility GDF, involved in a controversial plan to absorb Suez, reported that it had increased net profit last year by 29.0 percent.
Sources: YAHOO
Dominican Rep. Seeks $80M for U.S. Dumping
YAHOO
AP - The Dominican Republic is looking to Washington for help recovering at least $80 million in damages from a U.S. utility it accuses of dumping thousands of tons of coal ash on the country's beaches, sickening residents and harming the tourism industry.
Sources: YAHOO
Pepco 4th-quarter earnings rise sharply
YAHOO
Reuters - U.S. utility Pepco Holdings Inc. said on Monday that fourth-quarter earnings rose sharply as a result of lower interest expense and higher retail sales at its energy services.
Sources: YAHOO
E.On Posts 71 Percent Jump in 2005 Profit
YAHOO
AP - E.On AG, Germany's biggest utility, on Thursday posted a 71 percent jump in full-year profit on one-time gains and said it was determined to win a takeover battle for Spain's Endesa SA.
Sources: YAHOO
E.On Posts 71 Percent Rise in 2005 Profits
YAHOO
AP - E.On AG, Germany's biggest utility, on Thursday posted a 71 percent jump in full-year profit on one-time gains and said it was determined to win a takeover battle for Spain's Endesa SA.
Sources: YAHOO
Enel set for Suez bid if no Electrabel deal: source
YAHOO
Reuters - Italy's Enel is ready to launch a multi-billion-euro takeover bid for Suez if the French utility does not agree to sell Belgian unit Electrabel, a source familiar with the situation said on Thursday.
Sources: YAHOO
Suez hikes dividend, results beat forecasts
YAHOO
Reuters - French utility group Suez set a 25 percent dividend hike on Thursday, boosting the payout to investors ahead of a planned merger with Gaz de France .
Sources: YAHOO
Enel seen pursuing 40 bln-euro Suez bid: report
YAHOO
Reuters - Italian power company Enel plans to go ahead with a nearly 40 billion euro ($48 billion) bid for French utility Suez , the Wall Street Journal reported on Wednesday, citing people close to Enel.
Sources: YAHOO
SUV Plows Through Students At University Of North Carolina
AHN
Yvonne Lee - All Headline News Staff Reporter Chapel Hill, NC (AHN) - Six people are injured when a sport utility vehicle drives through students at a busy section of the University of North Carolina's campus. None of the five students and a visiting scholar being treated at local hospitals...
Sources: AHN
Japanese Cars Score Highest in Magazine
YAHOO
AP - For the first time in nine years, all of the top picks in Consumer Reports' annual vehicle guide are made by Japanese automakers. The Honda Civic is the magazine's top small sedan, while the Toyota Highlander Hybrid is the top mid-sized sport utility vehicle, according to results released Wednesday.
Sources: YAHOO
France defends GDF-Suez merger in face of criticism
YAHOO
AFP - The French government stepped up its defence of a proposed merger between Gaz de France and Suez, saying the deal was the result of consolidation forces in the European energy sector amid growing fears about fossil fuel supplies.
Sources: YAHOO
Gaz de France takeover of Suez raises free-market hackles
YAHOO
AFP - France ignited furious debate over EU competition policy with a plan for state-controlled Gaz de France to acquire French energy group Suez, a move that would thwart a bid for Suez by Enel of Italy.
Sources: YAHOO
National Grid Agrees To Buy KeySpan
AHN
Denise Royal - All Headline News Staff Writer London, England (AHN) - National Grid PLC agrees to buy U.S. utility KeySpan for $11.8 billion in cash and debt, making the British group the third biggest gas and electricity supplier in America, by customer numbers. The company will pay $7.3...
Sources: AHN
National Grid Agrees to Keyspan Takeover
YAHOO
AP - British utility National Grid PLC said Monday it has agreed to a $7.3 billion takeover of New York electric and gas utility KeySpan Corp.
Sources: YAHOO
France fends off Enel with giant power merger
YAHOO
Reuters - Gaz de France and Suez outlined a deal to create Europe's second largest energy utility on Monday in a government-brokered move seen as a lightning French response to designs on Suez by Italy's Enel.
Sources: YAHOO
European energy giants GDF, Suez plan merger with France holding key stake
YAHOO
AFP - French utility giant Suez and state-owned Gaz de France (GDF) have hammered out the details of a merger, to fend off a potential takeover bid from an Italian group, with the French state holding a key stake in the new company, sources said.
Sources: YAHOO
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