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UKOG sees hydrocarbon potential on P1916 offshore Isle of Wight M Prospect

2015-03-26 01:00:00| Offshore Technology

UK Oil & Gas Investments (UKOG) said its initial subsurface analyses of the P1916 offshore licence on the Isle of Wight confirms the potential for significant un-risked hydrocarbon volumes within the M Prospect.

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Harkins sees bright future for Sikorsky, Stratford

2015-03-24 22:56:21| Industrial Machines - Topix.net

Less than two weeks after news broke that the town's largest employer might be headed for a seismic shift, the topic did not figure into Stratford Mayor John Harkins ' annual address to the business community. Word came out March 11 that Sikorksy Aircraft, the largest manufacturer in the state and a subsidiary of United Technologies Corp., could be spun off into its own company or sold.

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H&M sees strong profit, sales as market share increases

2015-03-24 13:38:33| Appliances - Topix.net

Swedish budget fashion chain Hennes & Mauritz AB says its three-month earnings surged 35 percent to 3.6 billion kronor on strong sales growth as shoppers were attracted by new collections. The net profit in the period ending Feb. 28 was up from 2.6 billion kronor in the same three months a year earlier.

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Annual Aviation Forecast sees steady growth over 20 years.

2015-03-24 13:31:10| Industrial Newsroom - All News for Today

FAA Aerospace Forecast Fiscal Years 2015 to 2035 indicates U.S. aviation system will continue to grow over next 2 decades as based on increased Revenue Passenger Miles, U.S. air carrier Load Factors, passenger counts, and air cargo traffic. According to FAA Administrator Michael Huerta, improving economy bodes well for USA's air transportation system. Huerta also noted continuing deployment of NextGen technologies and procedures for safely and efficiently meeting increasing airspace demands.

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H&M sees quarterly profits jump

2015-03-24 10:02:14| BBC News | Business | UK Edition

Swedish fashion retailer Hennes & Mauritz (H&M) says "strong" store and online expansion led to improved sales and profits in the first quarter.

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