| Galen Culver Reporting
They come from the small rodeos, from all night carpools, and drive-thru breakfasts' two hundred bull riders qualified for the Challengers Tour Championship in Oklahoma City. As Galen Culver reports, every one of them is hoping to repeat what one east Texas cowboy did last year; come from nowhere to win. More >> .
IPC Gains New Ground in Malaysia with IQ/MAX
Statements made in this news release that state IPC's or its management's intentions, beliefs, expectations, or predictions for the future constitute "forward looking statements" as defined by federal securities laws, which involve significant risks and uncertainties. Many risks and uncertainties are inherent in the telecommunications equipment industry. Others are more specific to our operations. The occurrence of the events described and the achievement of the expected results depend on many factors, some or all of which are not predictable or within our control. Actual results may differ materially from results discussed in these forward looking statements. Among the factors that could cause actual results, performance or achievement to differ materially from those described or implied in the forward-looking statements, are risks associated with substantial indebtedness, leverage and debt service, risks relating to the performance of our business and future operating results, risks of competition in our existing and future markets, loss or retirement of key executives, risks related to the notes and to high yield securities generally, general business and economic conditions, market acceptance issues, including potential technology changes and the risks inherent in new product and service introductions and the entry into new geographic markets, as well as those risk factors described in our filings with the SEC.
Tesoro, Seawater AC, Hoku Scientific and Wall Street
Tesoro, owner of the larger of Hawaii's two refineries, says gasoline price margins have shrunk so it will make less gasoline. Tesoro says its Kapolei refinery will be dialed back to as little as 74% capacity. Here's an alternative to oil for downtown office buildings. Honolulu Seawater Air Conditioning has lined up more than 10 million dollars in equity financing. U.S. and Swedish investors are chipping in for a zero emissions seawater air conditioning plant. Downtown building owners could save a fifth of their air conditioning costs by using seawater instead of a system-based on freon. Hoku Scientific has installed two solar power systems on neighbor islands. Its newest turnkey photovoltaic systems are at the Lihue and Kona operations of Paradise Beverages. The company uses a lot of power to refrigerate its warehouses, since it's the Hawaii distributor of Coors, Corona, Miller and Heineken.
UAE gas supply is 2o% below peak demand
Abu Dhabi: When summer temperatures soar and power stations work at full capacity, gas supplies in the the UAE are around 20 per cent below demand, an official said on Wednesday. Power demand and the population in the UAE are rising 10 per cent to 13 per cent per year, Khalid Al Awadi, gas operations manager at retailer Emirates General Petro-leum Corporation (Emarat) told an energy conference. When air-conditioning units worked at full blast across the country last summer, gas demand peaked at around 5.5 billion cubic feet per day (cfd), a billion cfd above current maximum supply of 4.5 billion cfd, he said. "The peak shortfall is about one billion cfd per day, which is being met with expensive diesel oil," he told reporters. Apart from burning oil products such as diesel, industrial users also turned to coal in some parts of the UAE last year.
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