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Standard & Poor's Announces Changes to US Indices

Southwestern Energy is engaged in gas and oil exploration and production, natural gas gathering, transmission, marketing and natural gas distribution. Headquartered in Houston, TX, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Oil & Gas Exploration & Production Sub-Industry index.

Commerce Bancshares provides consumer and business banking services in Missouri, Kansas, and Nebraska. Headquartered in Kansas City, MO, the company will be added to the S&P MidCap 400 GICS Regional Banks Sub-Industry index.

Darling International recycles food processing by-products. Headquartered in Irving, TX, the company will be added to the S&P SmallCap 600 GICS Agricultural Products Sub-Industry index.

Additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the companies concerned. more

Pratt & Whitney Canada PT6 Marks 45 Years of Success in Business

Pratt & Whitney Canada, based in Longueuil, Quebec, is a world leader in the design, manufacture and service of aircraft engines powering business, general aviation and regional aircraft and helicopters. The company also manufactures auxiliary power units and industrial gas turbines. United Technologies, based in Hartford, Conn., USA, is a diversified company providing high technology products and services to the global aerospace and building industries.

SOURCE: Pratt & Whitney Canada

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IBM Wins Systems Integrator Best Practices Award for Business

Using the TMF's eTOM as a foundation, coupled with our business process redesign expertise, we were able to re-engineer and improve several key business processes that enable end-to-end DSL service rollout and delivery for T-Com Croatia's customers."

Commenting on the award, Ivana Soljan, CEO of T-Com Croatia, said, "We are pleased to have our project highlighted by the TM Forum. IBM gave us a level of process insight we could not have gained elsewhere. We are very excited to put that insight to work for the benefit of our customers and to make us a stronger competitor."

The project highlighted IBM's unique ability to push beyond the boundaries of traditional business process transformation by extending the eTOM standard into deeper levels of process detail, as well as into broader business architecture areas such as organizational change and information flow. more

GMR Infrastructure entering corporate jet business

GMR Infrastructure, the Bangalore-based company would soon be diversifying into corporate jet business and would be investing Rs 800 crore for the same.

The company currently owns two aircraft which it utilises for captive need.

"Around 70-75 per cent of the capacity that we have at the moment is for our own use and the rest 25 per cent was for outside people," Mr Amarthaluru Subbarao , Chief Financial Officer-corporate integration, told Business Line on sidelines of the announcement of GMR's quarterly and financial results.

Mr Subbarao said that the company will be buying three Faulkner and two Hawker aircraft along with one Bell helicopter for commencing charter operations by end of current financial year.

The company has also placed an order for one more aircraft which would be delivered only by 2010-2011, he said. more

JCPenney Honors Top-Performing Stores with Chairman's Award

PLANO, Texas, May 27, 2008 (BUSINESS WIRE) ----Myron E. (Mike) Ullman III, chairman and chief executive officer, honored JCPenney's best-performing teams, including 125 stores and four districts, with the Chairman's Award, the Company's highest honor for performance excellence, at a celebratory banquet in Dallas on May 2.

"The managers and teams receiving the Chairman's Award delivered exceptional results in an increasingly challenging environment," Ullman said. "These Associates rose to the top by always putting our customers first and consistently performing at a high level. We congratulate them for their outstanding achievement."

JCPenney presents Chairman's Awards annually to the top-performing stores, districts and other selected teams in the Company. Only the top 15 percent of stores and districts can qualify to become Chairman's Award winners, based on results. more

Welcome to Business software

Business Inventory Software Xxasdf Article

Standard & Poor's Announces Changes to US Indices

Pratt & Whitney Canada PT6 Marks 45 Years of Success in Business

IBM Wins Systems Integrator Best Practices Award for Business

GMR Infrastructure entering corporate jet business

JCPenney Honors Top-Performing Stores with Chairman's Award

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