Stone & Webster Inc

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Type: Company
Name: Stone & Webster Inc
First reported May 10 2013 - Updated May 10 2013 - 1 reports

Rolta raises $200M from overseas debt market

The money will be used for refinancing existing debt to meet working capital requirements and for general corporate purposes.Mumbai-based IT solutions provider Rolta India Ltd has raised $200 million (Rs 1,085 crore) by issuing 10.75 per cent senior notes ... [Published VC Circle - May 10 2013]
First reported Apr 25 2013 - Updated Apr 25 2013 - 1 reports

Technip First-Quarter Profit Rises Amid Oil Project Orders

Technip SA (TEC), Europe’s second-largest oilfield-services provider, reported a 3.6 percent rise in first-quarter net income and said energy companies are pushing ahead with large oil and gas projects.Net income rose to 116.2 million euros ($151.5 million) ... [Published BusinessWeek - Apr 25 2013]
First reported Apr 15 2013 - Updated Apr 15 2013 - 1 reports

Jail sentence for falsification

An American court has sentenced a former engineering safety manager to 78 months in prison for falsifying information about injuries at three nuclear power plant sites.Walter Cardin was convicted by a federal grand jury of eight counts of major fraud ... [Published World Nuclear News - Apr 15 2013]
First reported Dec 10 2012 - Updated Dec 10 2012 - 1 reports

Business promotions and appointments

Anthony T. Verwey, a partner at Unruh Turner Burke & Frees, was presented with a citation for his service as a member of the Chester County Workforce Investment Board by the Commissioners of Chester County. The board matches the skills and expertise of ... [Published Daily Local News - Dec 10 2012]

Quotes

"The offering was oversubscribed by two times, with demand from an investor base that includes asset managers (72 per cent), banks (10 per cent) and retail accounts (18 per cent). Across the geography, Asia contributed to 47 per cent of the demand and US contributed 43 per cent whereas European investors accounted for 10 per cent,” the statement said."
"We continue to see good opportunities for new orders in all our regions" Chief Executive Officer Thierry Pilenko said today in the statement. The timing of some contract awards "remains uncertain."
...For the city loses both him and his inheritance. Both are withdrawn from creative enterprise. In Mr. Stimson's somewhat literary phrase: "It was as if the argosies of Venice had been realized and the proceeds placed with Shylock at 4 per cent. Shylock took no risks and the Boston Bassanio, bored, spent his 4 per cent in elegant living -- to do him justice, greatly promoting art, charity, public service -- but the consequences were disastrous to a Venetian commercial supremacy." The proof is the shipment of 65 per cent of New England exports by way of New York, the decline of the Boston export trade to 26...
...As well as the monetary losses to TVA, Killian noted the wider implications of the fraud. "The defendant’s practices affected the safety of the work environment of nuclear sites. They resulted in employees becoming more reluctant to report injuries, employers failing to address safety issues on the work sites, and employees working through medical conditions that created risks of additional injuries to themselves and others. We will continue to vigilantly guard against unsafe work environments, as well as waste, fraud, and abuse of government funds" he promised

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Health & Safety Executive chair appointed IChem... [Published Icheme.org - May 20 2013]
Rolta raises $200M from overseas debt market [Published VC Circle - May 10 2013]
Meet Plymouth Conservation Planner Richard Vacca [Published Wicked Local Plymouth - May 07 2013]
Technip First-Quarter Profit Rises Amid Oil Pro... [Published BusinessWeek - Apr 25 2013]
Swinging the Axe at MOX [Published NEI Nuclear Notes - Apr 24 2013]
To Boston and its people, ancient and substantial [Published Fortune - Apr 21 2013]
Jail sentence for falsification [Published World Nuclear News - Apr 15 2013]
Fitch Rates Georgia Dev Auth's (Oglethorpe Powe... [Published Yahoo! Finance - Apr 05 2013]
Are Exploding Manhole Covers In Washington DC C... [Published Think Progress - Mar 28 2013]
Business promotions and appointments [Published Daily Local News - Dec 10 2012]
Technip wins Dow Texas ethylene contract [Published TCE Today - Oct 26 2012]
Technip secures Stone & Webster [Published TCE Today - Sep 03 2012]
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Swinging the Axe at MOX [Published NEI Nuclear Notes - Apr 24 2013]
One of the most vexing aspects of President Barack Obama’s 2014 budget request (as regards topic of blog, naturally) is the deep cut made to MOX facility construction in South Carolina. This is being built at the Department of Energy’s Savannah River ...
Are Exploding Manhole Covers In Washington DC C... [Published Think Progress - Mar 28 2013]
Residents of Washington, DC are used to jokes about metaphorical hot air, humidity, and the swampy history of their city. But there’s something they may not know about the District: it’s overrun with methane , which sometimes makes manhole covers ...
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