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FERC, JP Morgan Unit Agree to $410 Million in Penalties, Disgorgement to Ratepayers

2013-07-31 19:01:00| Transmission & Distribution World

The Federal Energy Regulatory Commission has approved a stipulation and consent agreement under which JP Morgan Ventures Energy Corp. will pay $410 million in penalties and disgorgement to ratepayers for allegations of market manipulation stemming from the companys bidding activities in electricity markets in California and the Midwest from September 2010 through November 2012. read more

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Siemens profits up on unit spin-off as CEO changed

2013-07-31 14:11:01| Telecom - Topix.net

Other measures of profit sagged, however, as the industrial conglomerate took charges for a restructuring program aimed at restoring its profit levels.

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Etisalat's Pakistani unit interested in buying Warid Telecom

2013-07-29 02:00:00| Total Telecom industry news

PTCL looking to trigger consolidation in Pakistan's mobile market.

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Nash Finch 2Q profit fell, stung by decline in military unit

2013-07-25 18:54:46| Grocery - Topix.net

Nash Finch Co. reported a decline in second-quarter profit, hurt by tighter margins in its military-related business.

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DuPont mulling sale of performance chemicals unit

2013-07-24 16:08:00| Canadian Plastics Headlines

DuPont Co. said it's considering a spinoff or sale of its performance chemicals unit, which makes titanium dioxide (Ti02) pigment and Teflon coatings.

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