AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email DRUMMONDVILLE, Que. – The second-largest shareholder of CVTech Group Inc. will be looking for answers at the company’s annual meeting on Tuesday about why a recent takeover offer was twice turned down.Guy Aubert said shareholders need to be told why a second, higher offer of $1.95 per share by a leading NYSE-listed electrical contractor was rebuffed by CVTech.“Why weren’t shareholders consulted,” Aubert asked.“It wasn’t an offer for $1.25 a share to sell the company at a discount,” he said Monday.Aubert reiterated there needs to be a change of leadership at the top of the company and a new board due to a decline in the company’s market value since 2005.At that time, Aubert received shares as partial payment for his ownership of a company that’s now a major part of CVTech’s business, providing a variety of services to the electric power industry.Gestion G. Aubert, owned by Aubert, is CVTech’s second-largest shareholder with a 14 per cent stake in the company.Aubert also was chief operating officer of CVTech until his retirement from that position in 2010. He resigned from CVTech’s board in January.“It’s still a good company, but it’s the upper management that isn’t good,” he said, calling the board an “old boy’s club.”“We’ve lost the confidence of investors. The CEO needs to do road shows to sell the company to institutional investors and to potential investors. That isn’t being done.”The stock closed down eight cents or about five per cent at $1.40 on the Toronto Stock Exchange after rocketing higher by more than 20 per cent on Friday due to a public letter from Aubert.CVTech (TSX:CVT) has accused Aubert of disclosing confidential information about the takeover offers in a letter last Friday and said some of the information was “erroneous and incomplete.”CVTech has said after receiving an initial conditional and non-binding offer in December 2011, it told the U.S. bidder that it would initiate a process to solicit competing offers. The U.S. company then withdrew its offer.Ahead of the annual meeting, CVTech said Monday that its subsidiaries have been awarded several new contracts representing a total value of approximately $77.4 million.In Ontario, Riggs Distler Inc. obtained five contracts totalling $24.5 million, including a $9.6 million contract for the construction of a large underground substation in downtown Toronto.The company also said it has signed several contracts in the U.S. worth a total of $47.1 million and another in Quebec worth $5.8 million.“CVTech is proud to have been awarded these to have been awarded these contracts which highlight our extensive service offering,” president and CEO Andre Laramee said in a news release on Monday.Desjardins analyst Pierre Lacroix said the new contracts represented more than 40 per cent of CVTech’s reported backlog, which stood at $184 million at the end of the first quarter of 2013.“While most of the value of the new contracts is located in the U.S., the announcement is also noteworthy as it represents the first major contract awards for CVT since entering the Ontario market in mid-2012 and acquiring B.G. High Voltage in early 2013.” Lacroix said in a research note.Lacroix also said he expected the shares to give back some of the 20 per cent gain realized on Friday, following management’s response to the allegations made by Aubert. Big CVTech shareholder looking for answers at annual general meeting by The Canadian Press Posted Jun 3, 2013 9:42 am MDT
by The Canadian Press Posted May 17, 2017 12:24 pm MDT Last Updated May 17, 2017 at 1:40 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CALGARY – Sales of Crown drilling rights in Alberta and B.C. have already delivered more money to provincial treasuries this year than last year, when they generated record low returns.Oil and gas producers in Alberta have paid out a total of $138 million in drilling rights auctions so far this year, more than the $137 million they spent in all of 2016.In British Columbia, they’ve spent $63 million, more than quadruple the $15 million last year.The figures illustrate growing oilpatch confidence in light of stronger commodity prices this year as well as burgeoning production from Western Canadian shale oil and gas wells.TD Securities analyst Juan Jarrah says in a report that the Alberta sales are being driven by companies exploring the west-central part of the province where they’ve discovered a shallower and more oil-rich leg of the extensive Duvernay shale formation.The Kaybob Duvernay, located farther north, has attracted most of the investment in the play so far and was considered the driving force behind Alberta’s record-setting $3.5 billion in drilling rights sales in 2011.The best year for drilling rights sales in B.C. was 2008, when the province raised $2.7 billion. Sales of Crown oil and gas drilling rights surge in B.C. and Alberta
by The Associated Press Posted Aug 8, 2017 8:08 am MDT Last Updated Aug 8, 2017 at 8:40 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email A volunteer collects the congealed palm oil which has been blanketing the shores of Hong Kong’s Lamma Island, Tuesday, Aug. 8, 2017. Cleanup efforts are under way in Hong Kong after white blobs of congealed palm oil washed up on the city’s shores following a collision between two ships. (AP Photo/Vincent Yu) Palm oil blobs cover Hong Kong beaches after sea crash HONG KONG – Cleanup efforts are underway in Hong Kong after white blobs of congealed palm oil washed up on the city’s shores following a collision between two ships.Authorities have closed more than a dozen beaches, including two on Tuesday, since the spill was reported over the weekend, though the government says the substance isn’t dangerous.Marine officials say the ships collided in the Pearl River Delta estuary southwest of Hong Kong on Thursday, but Hong Kong authorities were not notified by their counterparts in mainland China until two days later.The congealed palm oil resembles clumps of snow or pieces of Styrofoam and has a consistency similar to Play-Doh. It has been spotted blanketing Hong Kong beaches and floating in the water.Cleanup crews had collected more than 50 metric tons of the stuff by Monday, and filled 110 garbage bags with it on just one beach on Lamma Island, the government said. It has deployed helicopters and nine ships to help find and collect the waste while workers at public beaches are using absorbent blankets and strips to contain the mess.Palm oil is commonly used in food packaging and cosmetics. Environment Undersecretary Tse Chin-wan told reporters that it is nontoxic and that there has been no sign of widespread impact on marine life. Tse said that no more than 1,000 metric tons leaked from the stricken ship.Environmentalists worry about the harm the substance could pose to Hong Kong’s already polluted waters, and to fish and other animals that eat large amounts of it.Hong Kong is made up of a peninsula attached to mainland China’s southern coast as well as about 260 islands, many of them small and uninhabited.
John WilsonAn international expert has come to Brock from Oxford University to help connect researchers with companies interested in funding them.John Wilson has joined the Technology Transfer team in Brock’s Office of Research Services. His focus is getting more commercial interest in research at Brock, which will bring funding, partnerships and a higher profile for the University.“Universities that embraced innovation a decade ago are now reaping the benefits,” he said. “New companies have been formed, new products have gone to market and many new jobs have been created.”Research and business operate under different rules, Wilson said. But it’s possible to bring the two worlds together.“The business, the researcher and the University can all benefit from the relationship,” he said.Wilson will help Niagara and area businesses connect with Brock researchers who have potential answers to their research and development challenges. Under Wilson’s leadership, the Technology Transfer team will help match researchers with businesses of all sizes through outreach programs, and help them find shared funding opportunities.Wilson’s arrival is particularly timely given the planned opening of the business incubator in the Cairns Family Health and Bioscience Research Complex next year. He was drawn to Brock because of the opportunity to start a program from the ground up, and set the foundation for it to grow, he said.Wilson has a PhD from Bristol University in the UK, training as a chemist before spending five years as a researcher at Virginia Tech, and later Bristol University. The UK native then worked as a product developer for Unilever in England.After that, he ran a start-up company, financed from venture capital, which develops electronic and optical technologies.“John’s arrival at Brock represents an important step in our plans to engage actively in the commercialization of Brock researchers’ discoveries and to help grow Niagara’s economy in new and exciting ways,” said Ian Brindle, Brock’s Vice-President Research.
Barcelona striker Luis Suarez has revealed that he regrets playing against Leganes before the club’s shock Champions League exit at the hands of AS RomaJust a few days earlier, manager Ernesto Valverde fielded a strong side for a 3-1 win over the lowly Leganes at the Camp Nou with Lionel Messi grabbing a hat-trick.The win restored their nine-point lead at the top of La Liga.But Suarez feels that they paid a dear price for the three points with the majority of the squad feeling fatigued afterwards.Barcelona would then spectacularly blow a 4-1 aggregate lead from the first leg to lose at the Italian capital in the return leg 3-0.Quiz: How much do you know about David Villa? Boro Tanchev – September 14, 2019 Time to test your knowledge about Spanish legendary forward David Villa.Roma would progress to semi-finals on the away goal ruling.“I really regret playing against Leganes last year at home,” Suarez told RAC1, via Marca.“I played the whole game when we had so many points advantage in the league and three days later we had the ‘final’ against Roma.”Barcelona will begin their Champions League campaign on September 18 at home to Dutch giants PSV Eindhoven.
Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppMinister of Education has left food for thought at the Joint Ministerial Council. The Minister of Education, the Hon. Akierra Missick has asked UK Officials to review its system and allow British Overseas Territories Citizens opportunity to access UK student loans and benefit from UK scholarship programmes. The Minister also said she is working to secure places in the UK apprenticeship programme for Turks Island students.
The Luxury of Grace Bay in Down Town Provo Recommended for you Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting Facebook Twitter Google+LinkedInPinterestWhatsAppNassau, Bahamas, February 13, 2017 – An investigation is launched into the suspect death of a 3 year old child in Nassau. Reports are that the child was left in a vehicle, at a daycare on Coleman Lane, off Jerome Avenue. The child was found around 2pm today, unresponsive and though the baby was found alive; the child died a short time later at hospital in Nassau. #MagneticMediaNews Related Items:#magneticmedianews ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Facebook Twitter Google+LinkedInPinterestWhatsApp
U.S. Sen. Patty Murray was in Vancouver on Sunday morning stumping for her re-election.Murray spoke to about 200 persons at the International Longshoremen’s & Warehousemen’s Union hall, 1205 Ingalls St.She encouraged those attending to get out the vote as Tuesday’s election nears.Murray talked about her work for Washington and about being a voice for the state. The senator also talked about work being done to reform Wall Street, efforts to fight for veterans, her work to reform the student loan program to make more loans available to students, and about making smart investments for communities such as the Columbia River Crossing.Murray is in what many believe to be a tight race with Republican challenger Dino Rossi, who is due in Vancouver at 7:30 this morning at Interstate 205 and Mill Plain Boulevard.
If the capital city were a state, it ranks with places like California when it comes to the number of electric vehicles per capita on the road. And Juneau’s EVs owners love to show off. This past weekend, the quiet cars rolled into a local park so the public could take a glimpse.Listen nowA drone shot of Juneau’s electric vehicle get together. (Photo by Gabe Strong)In total, there are about 80 fully electric vehicles on the roads of Juneau, running off hydropower rather than gasoline. More than 40 of those are parked at an electric vehicle, or EV get together. Clusters of people are ogling an espresso-colored car at Savikko Park in Douglas. They’re talking to the sharply dressed owner, instead of walking their dogs on the trail nearby. This isn’t just any electric vehicle. It’s a new Tesla with a price tag of over $109,000.Myron Klein says, typically, his car doesn’t get this type of attention.“I usually don’t drive it do places with lots of people,” said Klein.Reporter: “No trips to Costco?”“Nope, not yet,” said Klein.Klein hasn’t had the car very long so he’s still getting comfortable with busy parking lots.It’s one of two confirmed Tesla’s in town, and there’s a rumor of a third. The upscale EV has a longer range than, say, the Nissan Leaf. But with 10 public charging stations, plugging in isn’t a huge problem. There’s a limited road system, after all.What can be a burdensome though, for those wanting to join this growing club is getting the cars to Juneau and maintenance. There’s no Tesla or Nissan dealer in town. Still, that didn’t stop Kyle Cuzzort from purchasing his blue Nissan Leaf.He says he did tons lots of research before buying it.“I do like to do numbers. That’s what I do. I did the math once and figured how much weight I would lose if I walked the stairs everyday. Two pounds a year,” said Cuzzort.Cuzzort took a deep dive into electric vehicle forums and learned the car’s battery could work well in a mild Southeast climate. He’s owned the car for about three years now. And compared to what he used to drive, he says powering the Leaf costs much less than what he used to spend on gas. It pencils out to around $25 bucks month.“[With] what we save in gas, we could take a vacation every year,” said Cuzzort.When Cuzzort bought his Leaf around 2013, there were only about seven in town. Now that number has ballooned far beyond that and the Juneau branch of the Electric Vehicle Association is looking to boost the numbers even more.This fall, a Nissan tech is traveling to Juneau to service its cars with recall issues. And the association is looking at organizing a group buy of Nissan Leafs. It could help offset some of the costs of barging the vehicles here.
The High Court has summoned the health secretary to explain before the court why no steps had been taken against the two officials of the Directorate General of Drug Administration (DGDA) in connection with the death of 28 children after taking paracetamol.Health secretary Sirajul Huq has been asked to appear before the court at 10:30am on 23 August.A joint bench of justice Syed Mohammad Dastagir Hossain and justice Md Ataur Rahman passed the order on Monday.Taking a supplementary appeal into cognizance, the HC on 3 August had asked the health secretary and the director general of DGDA to tell the court in 72 hours what steps had been taken against the two officials for their ‘inefficiency and incompetence’.The health secretary submitted a report that said deputy director Md Altaf Hossain and assistant director Md Shafiqul Islam had been served a warning.Monzil Morshed stood for the plaintiff while deputy attorney general Amit Talukder for the state.The health secretary report mentioned that no punitive action was taken against the officials and that is why the court summoned him and the DG of DGDA, Monzil told Prothom Alo.
Does anyone else think the 3DS has been on a sabbatical since it launched? I still only own one game for the system and am waiting for some of the big titles (Mario, Mario Kart, Star Fox) to appear. The Legend of Zelda: Ocarina of Time may have boosted sales of the system slightly, but so far it’s not an essential purchase with only a few titles worth picking up.Nintendo has seemingly realized this as they have just announced a 40% price drop for the handheld in Japan. The usual selling price of 25,000 Yen will be dropped to 15,000 Yen on August 11. That’s a price drop in Japan only for the moment, but Nintendo has said it will drop the price in the West before the end of September.If the same 40% drop applies in the U.S., then the current $249.99 price tag will become $149.99 making the 3DS a lot more pocket-friendly and desirable for parents buying Christmas presents for their kids.There’s no guarantee we will see the same 40% drop over here, but such a significant drop would still leave a nice gap to the DSi which sells for around $90. However, the DSi XL would also need to drop in price because it currently sells for $169.99. Nintendo wouldn’t want its last generation machine to be more expensive than its latest device, so it may be worth keeping an eye on the XL price in the coming months too. It could be the XL drops to $149.99 and the 3DS to $169.99.Nintendo’s reason for such a big price drop is wanting to speed up adoption. To us that reads as the 3DS just isn’t selling in the numbers Nintendo wants, and as most of the profit comes from game sales it needs to get more 3DS units into gamer’s hands as quickly as possible.UPDATE: Shortly after announcing the 40% price cut in Japan Nintendo of America has confirmed that the handheld will drop to $169.99 in the U.S. on August 12. If you were planning on buying a 3DS in the next few days we definitely suggest waiting a few weeks and saving yourself $80. Early adopters (those purchasing a 3DS before August 12) will be entitled to 20 free download games from the NES and Game Boy Advance back catalogue.via Andriasang
Explore further Citation: Aerospace engineer proposes arm-equipped satellite to affix propellant kits to space junk to send it back home (2011, August 12) retrieved 18 August 2019 from https://phys.org/news/2011-08-aerospace-arm-equipped-satellite-affix-propellant.html (PhysOrg.com) — Over the past several years, many scientists and armchair enthusiasts alike have offered up a possible solution to the ever growing cloud of space junk circling the Earth; the result of leftover missions, collisions and inadvertent accidents. Image: NASA More information: Active space debris removal — A preliminary mission analysis and design, Acta Astronautica, Article in Press. doi:10.1016/j.actaastro.2011.04.017AbstractThe active removal of five to ten large objects per year from the low Earth orbit (LEO) region is the only way to prevent the debris collisions from cascading. Among the three orbital regions near the Earth where most catastrophic collisions are predicted to occur, the one corresponding to a sun-synchronous condition is considered the most relevant. Forty-one large rocket bodies orbiting in this belt have been identified as the priority targets for removal. As part of a more comprehensive system engineering solution, a space mission dedicated to the de-orbiting of five rocket bodies per year from this orbital regime has been designed. The selected concept of operations envisages the launch of a satellite carrying a number of de-orbiting devices, such as solid propellant kits. The satellite performs a rendezvous with an identified object and mates with it by means of a robotic arm. A de-orbiting device is attached to the object by means of a second robotic arm, the object is released and the device is activated. The spacecraft travels then to the next target. The present paper shows that an active debris removal mission capable of de-orbiting 35 large objects in 7 years is technically feasible, and the resulting propellant mass budget is compatible with many existing platforms. One such proposal even suggested a cloud of tungsten be sent up to coat the trash, causing it to grow heavy enough to fall to Earth. Now, a more practical approach is being offered by Italian aerospace engineer Marco Castronuovo of the Agenzia Spaziale Italiana. In his paper, published in the journal Acta Astronautica he suggests that a satellite carrying among other things a solid propellant that could be affixed to a large piece of space junk, be launched. The satellite would have two robotic arms he says; one to grab hold of the piece of junk (say a spent rocket part) the other to affix the propellant device that once activated, would guide the piece of junk towards Earth, where it would burn up (hopefully) in the atmosphere.Space junk is of growing concern to those who launch satellites and of course manned craft into space. Just last month evasive maneuvers had to be conducted to prevent the International Space Station from colliding with an object in its path. And while the amount already up there is of concern, what is even more troubling is the possibility of space and the debris up there falling prey to the Kessler Syndrome, a condition whereby pieces of space junk collide with one another, causing them to break into several smaller pieces. Those smaller pieces, because there would then be more of them would then have a greater chance of colliding with something else, thereby creating ever smaller pieces and on and on, until the number of minuscule pieces would total in the tens if not hundreds of millions of pieces, eventually creating such an inhospitable environment that functioning spacecraft couldn’t hope to survive. Castronuovo says such a satellite as he proposes, would be capable of de-orbiting 35 large objects over a 7 year period, which would be more practical than it sounds because it would target the forty-one large rocket bodies that are currently orbiting in the sun-synchronous orbital region near the Earth, which he says is where most of the catastrophic collisions in the near term are likely to occur. NASA proposes laser use to move space junk © 2011 PhysOrg.com This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
Pattani is one of three Muslim-majority provinces in predominantly Buddhist Thailand. More than 5,000 people have been killed since an Islamic insurgency began in the region in 2004. Most victims have been Muslims, but insurgents have been increasingly targeting Buddhists — including monks — in an apparent campaign to drive them from the area.Since the violence started, 19 monks have been killed and 25 wounded in attacks in southern Thailand, according to the regional police operation center.The insurgents have not issued specific demands but are generally believed to be fighting for an independent Muslim state.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Ex-FBI agent details raid on Phoenix body donation facility New Valley school lets students pick career-path academies 5 things to look for when selecting an ophthalmologist Here’s how to repair and patch damaged drywall Top Stories HAT YAI, Thailand (AP) — A Buddhist monk and a Thai policeman were killed and six other people wounded in a bomb attack Saturday by suspected Muslim insurgents in southern Thailand, police said.The bomb was remotely detonated in Pattani province, targeting monks who were receiving alms during a Buddhist ritual and police officers guarding them, said Col. Panya Karawanan, chief of Saiburi police station.He said a monk and an officer were killed. The wounded included another monk, two police and three civilians. Comments Share How Arizona is preparing the leader of the next generation Natural spring cleaning tips and tricks for your home Sponsored Stories Mesa family survives lightning strike to home
Thirty three migrants – 25 men, two women and six children – were found walking between the villages of Limnitis and Pyrgos after having entered the Republic from the occupied areas on Sunday.According to the police, the migrants had landed in the area by boat and were on foot when they were apprehended.The police picked them up to take them to the police station in Polis Chrysochous were there details would be taken before being transferred to the migrant reception centre in Kokkinotrimithia.They were first spotted by members of the coast guard in international waters off the coast of Pyrgos. They landed earlier in the morning at a small harbour in occupied Morphou.They are believed to have paid €3,200 each to be transported to Cyprus from Turkey.The government has previously said that Cyprus has reached its limits concerning asylum seekers and has called for a holistic approach that includes an automatic mechanism for redistributing asylum seekers.Most of the 15,000 people who have been granted or are seeking asylum in Cyprus are Syrian with a 40 per cent increase in applications in the first five months of this year alone.Between 2002 and 2017, the island afforded international protection – asylum and subsidiary protection – to some 10,000 foreign nationals. There are 3,000 pending applications since last year plus a further 2,435 in 2018.You May LikeUltimate Pet Nutrition Nutra Thrive SupplementAdd This One Thing To Your Dog’s Food To Help Them Be HealthierUltimate Pet Nutrition Nutra Thrive SupplementUndoAngels And EntrepreneursRobert Herjavec Announce Venture Could Make You RichAngels And EntrepreneursUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndo Turkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoConcern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboola
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