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Philippines Plans Mangrove Forest to Protect Coasts Storms

2013-11-27 16:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Wall Street Journal: The Philippines has firmed up plans to develop a mangrove forest along the eastern seaboard of two islands hit hardest by Typhoon Haiyan to act as a first-line of defense again the impact of future storms. Haiyan is one of the strongest storms ever to make landfall, and the deadliest to hit the Philippines in modern history. It's gale-force winds whipped up a wall of water that rose to more than 15-feet, wiping out whole villages and cities, displacing millions of people and claiming the lives...

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Forest Oil Closes $944 Million Texas Divestiture

2013-11-26 16:00:00| OGI

The borrowing base under Forests credit facilities has been reduced to $400 million.

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Indonesia: Forest people 'disillusioned' in battle to protect land

2013-11-26 12:41:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: For 15 years, the indigenous people of the Long Teran Kanan community, in north Malaysian Borneo, battled with Malaysian business conglomerate IOI-Pelita over land the group had long occupied and cultivated. The palm oil company had been granted the use of the land by the government, and sought to prove the community did not own it -- which would mean the company owned the community nothing, apart from the already-paid compensation for one season's crops. But the Kayan and Kenyah people who...

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Forest Provides $700 Million Tender Offer Results

2013-11-22 15:40:00| OGI

The total principal amount of all notes tendered as of the early tender date is more than the aggregate maximum tender amount.

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FDA asks Forest for more info on antipsychotic

2013-11-21 22:57:57| Biotech - Topix.net

The New York company said Thursday the Food and Drug Administration indicated that additional clinical trial data would be needed.

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