Alerian announced today that following the close of business on Tuesday, August 31, Vanguard Natural Resources LLC (NYSE: VNR) will be added to the Alerian MLP Index (NYSE: AMZ), replacing Williams Pipeline Partners LP (NYSE: WMZ) in a special rebalancing.

Special rebalancings are triggered by corporate actions that result in the termination of trading of an index constituent on a major US exchange. Such corporate actions include, but are not limited to, mergers, delistings, and bankruptcies. Subject to unitholder approval, Williams will cease to trade on the New York Stock Exchange at the close of business on August 31 due to its merger with Williams Partners LP (NYSE: WPZ).

Vanguard is a publicly traded limited liability company focused on the acquisition, production, and development of natural gas and oil properties. Vanguard's assets consist primarily of producing and non-producing natural gas and oil reserves located in the southern portion of the Appalachian Basin, the Permian Basin, South Texas, and Mississippi.

VNR Shares Outstanding: 22,086,173

VNR Investable Weight Factor: 0.84438499146049

The 50 constituents of the index will be rebalanced on a float-adjusted, capitalization-weighted basis in accordance with the existing index methodology. Constituent additions to and deletions from the index do not reflect an opinion by Alerian on the investment merits of the respective securities.

About the Alerian MLP Index

The Alerian MLP Index is a composite of the 50 most prominent energy Master Limited Partnerships that provides investors with an unbiased, comprehensive benchmark for this emerging asset class. The index, which is calculated using a float-adjusted, capitalization-weighted methodology, is disseminated real-time on a price-return basis (NYSE: AMZ), and the corresponding total-return index is disseminated daily through ticker AMZX. Relevant data points such as dividend yield are also published daily. For index values, constituents, and announcements regarding constituent changes, please visit www.alerian.com.

About Alerian

Alerian is an independent company that provides objective market information. The company is a leader in MLP-market intelligence, providing benchmarks, data sets, and analytics that are used extensively by a range of stakeholders such as investment banks, stock exchanges, investment professionals, consultants, and Master Limited Partnerships. The Alerian Index Series is used for the purposes of asset allocation, investment analysis, portfolio hedging, and the creation of index tracking funds. Alerian is widely known for maintaining the leading benchmark of MLP equities: the Alerian MLP Index (NYSE: AMZ). For more information, please visit www.alerian.com.

SOURCE Alerian

Back to top

RELATED LINKS
http://www.alerian.com

The iPad has made obtaining Insurance License Education even more convenient.  With iPads, Tablet Computers and Smart Phones taking the world by storm, it is not surprising these tools are being effectively utilized with educational platforms.  The growth of online education since the late 1990s has given way to opportunities for the enhanced functionality of these mobile devices to include online learning and facilitate greater strides toward anywhere, anytime learning.

InsuranceLicenseExpress.com announced today that all their licensing and continuing education courses are now "iPad Ready."  Because the courses from "America's Favorite Insurance License School" are 100% Internet based, no special apps or programs are needed to take courses and train on the iPhone, iPad, iTouch, BlackBerry Smart Phone or any other similar device.  Students can now study, take quizzes and exams and interact with instructors from anywhere, whether on the road, in a hotel, or while sitting through a boring conference!

David Goldstein, the company's Chief Technology Officer explained:  "The system we use for delivering insurance courses and testing online is perfectly suited to a small touch screen.  The one drawback to tablets and Smart Phones is the awkwardness of typing on odd-sized and formatted keypads.  There is no typing required in our insurance courses so there is no issue. And when you take our courses on the bigger-screened iPad, it really gets to be fun. Just slide, tap, and you are training!"

According to experts in the field of online learning, a wave of educators is expected to adapt courseware and test delivery effectiveness on small touch screens.  The appeal of true self-paced learning with no location limitations is too big to ignore.

About InsuranceLicenseExpress.com

InsuranceLicenseExpress.com is owned and operated by the American School of Real Estate Express LLC, since 1996 the leader in online training for professionals in the USA.  For more information, visit www.InsuranceLicenseExpress.com.

RELATED LINKS

http://www.InsuranceLicenseExpress.com

SOURCE InsuranceLicenseExpress.com

Back to top

RELATED LINKS
http://InsuranceLicenseExpress.com

See more news releases in: Aerospace & Defense, Contracts

 

Lockheed Martin Advancing on Next-Generation Commercial Remote Sensing Satellite System for GeoEye

 

SUNNYVALE, Calif., Aug. 31 /PRNewswire/ -- The Lockheed Martin (NYSE: LMT) team developing GeoEye's next-generation, high-resolution commercial Earth-imaging satellite system known as GeoEye-2, has successfully completed on-schedule a System Requirements Review (SRR), an important program milestone that precedes the Preliminary Design Review.  

With launch scheduled to support start of operations in 2013, Lockheed Martin is developing GeoEye-2 under a fixed price contract to support the National Geospatial-Intelligence Agency's (NGA) EnhancedView commercial imagery program.  GeoEye was awarded an EnhancedView contract worth up to $3.8 billion on Aug. 6, 2010.  EnhancedView is designed to provide critical geospatial situational awareness and global security information to intelligence analysts, war fighters and decision makers.  GeoEye's commercial users will also benefit from access to imagery from GeoEye-2.

The successful SRR verified the maturity of Lockheed Martin's system design for meeting the key user requirements and the team's readiness to proceed with the Preliminary Design Review phase scheduled for completion later this year.

"This important review effectively demonstrated the advanced state of our GeoEye-2 design and how we can significantly improve the quality and quantity of commercial space-based imagery for our customer," said Allen Anderson, Lockheed Martin's GeoEye-2 program director.  "We look forward to rapidly fielding this critical capability and achieving mission success on this important program."

Bill Schuster, GeoEye's chief operating officer, commented, "We are pleased to again be partnering with Lockheed Martin to leverage their 50-year heritage of building advanced satellite imaging systems.  Lockheed Martin and their subcontractors are assembling a best-in-class team to build and launch GeoEye-2 so we can meet all of our requirements under the EnhancedView program."

Lockheed Martin Space Systems, a world leader in the most advanced space-based systems for government and commercial customers, is under contract to deliver GeoEye-2 and the associated command and control system.  The spacecraft will feature a new high-resolution ITT camera that has been in development for more than two years.

Lockheed Martin designed and built the world's first commercial, high-resolution, Earth-imaging satellite, IKONOS, which has been providing 0.82-meter ground resolution imagery to GeoEye's customers around the globe for more than a decade.

About GeoEye

GeoEye, Inc. is a leading international information services company serving government and commercial markets. The Company is recognized as one of the geospatial industry's imagery experts, delivering exceptional quality imagery products, services and solutions to customers around the world. Headquartered in Dulles, Virginia, the Company has over 500 employees dedicated to developing best-in-class geospatial information products and services. GeoEye is a public company listed on the NASDAQ stock exchange under the symbol GEOY. The Company provides support to academic institutions and non-governmental organizations through the GeoEye Foundation (www.geoeyefoundation.org). Additional information about GeoEye is available at www.geoeye.com

Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 136,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's 2009 sales from continuing operations were $44.5 billion.

Media Contact:

Media Contacts: Michaela Rubala, 408-742-3516; e-mail, michaela.rubala@lmco.com

Steve Tatum, 408-742-7531; e-mail, stephen.o.tatum@lmco.com



SOURCE Lockheed Martin

Back to top

RELATED LINKS
http://www.lockheedmartin.com
http://www.geoeye.com
http://www.geoeyefoundation.org

Harris Corporation (NYSE: HRS), an international communications and information technology company, has received a $9.5 million contract to provide engineering services to support the Australia Department of Defence Land 200 communications modernization program.  

The three-year contract from Elbit Systems calls for Harris to provide engineering services to integrate its Falcon® tactical radio systems into the Battle Management System being developed by Elbit for the Australian Defence Forces (ADF).

"Harris Corporation will apply its broad expertise in tactical communication systems to insure seamless exchanges of voice and data between our Falcon radios and the ADF's new battle management hub," said Andy Start, president, international business, Harris RF Communications.  "As the leading provider of tactical communications, we're uniquely capable of providing our customers with fully deployable system-level solutions that meet today's requirements and tomorrow's needs."

Harris radio systems will form part of the secure communications backbone for the ADF's Land 75, Land 125 and Joint Project 2072 command, control and communications modernization programs.  The systems wirelessly connect soldiers to each other, their commanders and other devices in the field.  The Harris systems — which include Type 1 security devices, antennas and power amplifiers —will help the ADF provide networking capabilities that enhance situational awareness and speed decision-making.

The ADF is acquiring a range of Harris tactical radio systems in support of this and other programs, including the Harris Falcon III® AN/PRC-152( C ) multiband handheld radios, as well as the Falcon III® AN/PRC-117G wideband, AN/PRC-117F multiband and AN/PRC-150( C ) high-frequency (HF) manpack radios.  

The largest part of the contract is for the Falcon III AN/PRC-152( C ).  In dismounted configuration, the AN/PRC-152( C ) will connect soldiers to the ADF's central Battle Management System and serve as a hub for other soldier-carried C4 devices.  In addition, Harris is providing the AN/PRC-152( C ) in vehicular amplifier adapters to support the installation of equipment in more than 1,000 armored vehicles.  

Harris RF Communications is the leading global supplier of secure radio communications and embedded high-grade encryption solutions for military, government and commercial organizations.  The company's Falcon family of software-defined tactical radio systems encompasses manpack, handheld and vehicular applications.  Falcon III is the next generation of radios supporting the U.S. military's Joint Tactical Radio System (JTRS) requirements, as well as network-centric operations worldwide.  Harris RF Communications is also a leading supplier of assured communications® systems and equipment for public safety, utility and transportation markets — with products ranging from the most advanced IP voice and data networks to portable and mobile single- and multiband radios.

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries.  Headquartered in Melbourne, Florida, the company has approximately $5 billion of annual revenue and more than 16,000 employees — including nearly 7,000 engineers and scientists.  Harris is dedicated to developing best-in-class assured communications® products, systems, and services.  Additional information about Harris Corporation is available at www.harris.com.

Forward-Looking Statements

This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions.  Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.  The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements.  Statements about the expected value of the program to Harris are forward-looking and involve risks and uncertainties.  Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE Harris Corporation

Back to top

RELATED LINKS
http://www.harris.com

RusHydro Joins OTCQX
August 31, 2010

Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, today announced that RusHydro JSC (RTS, MICEX: HYDR; LSE: HYDR; OTCQX: RSHYY), Russia's largest power-generating company, has chosen to have its American Depositary Receipts (ADRs) traded on the highest tier of the OTC market, OTCQX®.

(Logo:  http://photos.prnewswire.com/prnh/20090708/NY43125LOGO )

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090708/NY43125LOGO )

RusHydro began trading today on the OTC market's highest tier, OTCQX International Premier. Investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.

"We are pleased to welcome RusHydro, Russia's biggest hydro-generating company, to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. "As the fourth Russian company on OTCQX, RusHydro has chosen to provide its U.S. investors with quality disclosure and trading transparency on the highest tier of the OTC market."

BNY Mellon, which acts as Depositary for RusHydro's ADR program, will serve as RusHydro's Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements.

About RusHydro JSC

RusHydro JSC (RTS, MICEX: HYDR; LSE: HYDR; OTCQX: RSHYY) will trade in the United States on OTCQX under the symbol "RSHYY", where each ADR will represent 100 ordinary shares. RusHydro is Russia's biggest hydro-generating company and the second biggest in the world in terms of installed capacity. RusHydro is the leader in the production of power on the basis of renewable energy sources in Russia, developing power generation using water flows, tidal, wind and geothermal energy. For more information, visit http://www.eng.rushydro.ru/.

About OTCQX

The OTCQX marketplace is the premier tier of the U.S. OTC market.  Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange.  For more information and to view a full list of OTCQX companies, visit www.otcqx.com.

About Pink OTC Markets Inc.

Pink OTC Markets Inc. (OTCQX: PINK) operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange. Pink OTC Markets segments these securities into three tiers: the quality-controlled OTCQX marketplace, the U.S. registered and reporting OTCQB marketplace, and the speculative trading Pink Sheets marketplace. These three tiers constitute the third largest U.S. liquidity pool for trading public company shares, after The NASDAQ Stock Market, Inc. and The New York Stock Exchange.  Our products and services promote market transparency, improve price discovery, facilitate regulatory compliance, and increase the quality of issuer disclosure, to the benefit of all OTC market participants.  To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at www.otcmarkets.com, www.pinkotc.com and www.otcqx.com or contact us at info@pinkotc.com.

Subscribe to the OTCQX RSS Feed

SOURCE Pink OTC Markets Inc.

Back to top

RELATED LINKS
http://www.otcqx.com/otcqx

1 2 3 4 5 >>

Sponsors