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Posts made in October, 2016

General Electric is merging its oil and gas business with Baker Hughes

By on Oct 31, 2016 in Press Release | 0 comments

Jeff Immelt, the General Electric Co. CEO, at a news conference in New Delhi in 2015. REUTERS/Adnan Abidi General Electric Co., banking on a recovery in oil prices, said on Monday it would merge its oil and gas business with the No. 3 oil-field services provider, Baker Hughes Inc. GE will own 62.5% of the new publicly traded company, which will have combined revenue of $32 billion, while Baker Hughes shareholders will own 37.5%. Shareholders of Baker Hughes, which had a market value of about $26 billion as of Friday, will get a special one-time cash dividend from GE of $17.50 a share — or a total of $7.4 billion — after the deal closes. Baker Hughes had planned to combine with its bigger rival Halliburton Co., but the transaction fell through in May because of opposition from regulators. That deal was valued at $34.6 billion when it was announced in November 2014. The combination of GE Oil Gas and Baker Hughes will create the second-largest player in the oil-field services industry in terms of revenue after Schlumberger. The GE-Baker Hughes deal comes at a time when North American oil and gas producers are putting rigs back to work after a near freeze in activity caused by a slump in oil prices that began mid-2014. Global oil prices have risen by a third this year to trade near $50 a barrel. GE said last week it believed the oil market had bottomed, but that demand for the gear the company makes would take longer to recover, probably until after the first half of next year. GE’s oil and gas business, which makes blowout preventers, pumps, and compressors used in exploration and production, accounted for 14% of the company’s total revenue in 2015. Baker Hughes supplies a variety of oil-field services, products, technology, and systems. “This transaction creates an industry leader, one that is ideally positioned to grow in any market,” GE CEO Jeff Immelt said in a statement. “Oil and gas customers demand more productive solutions. This can only be achieved through technical innovation and service execution, the hallmarks of GE and Baker Hughes.” Lorenzo Simonelli, the CEO and president of GE Oil Gas, will be CEO of the...

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Will the Comey Bombshell Really Shake up the 2016 Race?

By on Oct 31, 2016 in Press Release | 0 comments

First Read is a morning briefing from Meet the Press and the NBC Political Unit on the day’s most important political stories and why they matter. Play Facebook Twitter Google Plus Embed autoplay autoplay After bombshell, does the remarkably stable ’16 race stay stable? There’s no hyperbole in stating that the 2016 Hillary Clinton-vs.-Donald Trump presidential race has been the craziest we’ve covered. Consider all of the jaw-dropping moments: Mexican rapists. WikiLeaks. Vladimir Putin. The Access Hollywood video. Alicia Machado. Trump’s visit to Mexico. “Basket of Deplorables.” Birtherism. And the debates — all of them. Despite them all, however, the race has been remarkably stable. Just look at the national NBC/WSJ poll numbers since Sept. 2015. But does that stability change after FBI Director James Comey’s bombshell Friday that his organization learned of the existence of new emails that appear “pertinent” to its previous investigation into Clinton’s email practices? One the one hand, the polling we’ve seen — so far — suggests that voters remain in their partisan corners. According to this weekend’s Washington Post/ABC poll, 63% of voters said the FBI’s review makes no difference. And among the 34% who say it makes them “less likely” to back Clinton, those voters are disproportionately Republicans and GOP-leaning independents. What’s more, the post-Comey polls we’ve seen (here and here) haven’t really budged, at least not yet. On the other hand, it has never been a positive for Clinton throughout this entire presidential race when the focus has been on her, especially on the subject of emails. Eight days to go… The latest developments in the Comey Surprise Meanwhile, here are all of the latest developments in the Comey Surprise: The FBI obtained a warrant to search emails related to the probe of Hillary Clinton’s private server that were discovered on ex-congressman Anthony Weiner’s laptop… Also on Sunday, Senate Minority Leader Harry Reid accused Comey of violating the Hatch Act, which bars government officials from using their authority to influence elections… Former Attorney General Eric Holder wrote a “scathing op-ed condemning FBI Director James Comey for his handling of the investigation into Hillary Clinton’s use of a private email server. ‘I fear he has unintentionally and negatively affected public trust in...

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Press Release # 2, Issued on: Thursday October 27, 2016 at 1:00 …

By on Oct 30, 2016 in Press Release | 0 comments

The Meteorological Service of Jamaica has issued a Flash Flood Watch for low-lying and flood-prone areas of St. Catherine, Clarendon, Kingston and St. Andrew, St. Thomas, Portland, St. Mary and St. Ann. The advisory is effective until 5.00pm on Thursday October 27, 2016. UPDATE St. Thomas: The Johnson and Morant Rivers in the vicinity of the Hillside Community are in spate, persons are therefore cautioned to avoid the general Hillside area. The road to the Reggae Falls is now impassable. Portland: Landslides in the Belleview District, Portland have resulted in the roadway being cutoff. The ODPEM continues to urge individuals to take the necessary safeguard to avoid flooded areas. FLOOD SAFETY TIPS Be ready to evacuate if you live in low-lying or flood-prone areas. Decide on likely evacuation routes now. Avoid flooded waterways, i.e. Fording, gullies, streams or rivers, either on foot or in vehicles. Avoid areas where land slippages and/or flooding has occurred or is likely to occur. Evacuate to a shelter if your building is threatened Make contact with your Parish Disaster Coordinator (at each Parish Council) if you are in need of help. Contact- Cheryl Nichols, Training Manager, ODPEM; cnichols@odpem.org.jm; Tel: 1(876)...

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FEMA letter of eligibility: FEMA & SCEMD PRESS RELEASE – WBTW

By on Oct 30, 2016 in Press Release | 0 comments

COLUMBIA (PRESS RELEASE) – COLUMBIA, S.C. (Saturday, Oct. 29) — Following initial application review by the Federal Emergency Management Agency (FEMA), South Carolina survivors who have applied for disaster assistance will receive a “letter of eligibility.” Applicants may be told they are eligible for disaster assistance or that they have been determined ineligible. If you are eligible, the letter explains the amount of your grant and how it is to be used. If the letter says you are ineligible, the grant amount reads “0”, but in many cases that is not the last word. FEMA officials in South Carolina report that the most common reasons for denial of assistance in Hurricane Matthew are:  Insufficient storm-related damage to affect the habitability of the damaged home. FEMA will provide assistance to assure your home is habitable – that it is safe, functional and sanitary.  Survivors have chosen to remain in their damaged homes while repairs are being made. In these cases they may be eligible to receive assistance for repairs, but are ineligible for housing assistance.  Duplication of applications. Two people (husband and wife, for example) have applied for assistance for the same damaged home. Only one application per household is allowed. A letter may indicate your application is missing information such as verification of occupancy or proof that the damaged property was your primary residence at the time of the Hurricane Matthew storms and flooding that began Oct. 4, 2016. FEMA’s letter of eligibility: Read it very carefully If you are instructed, you can simply submit missing documentation to FEMA online, by mail or fax, or by visiting a Disaster Recovery Center (DRC). You can find the location of the nearest DRC by visiting DisasterAssistance.gov . Applicants who do not receive a letter or who have questions about their determination of denial should call the FEMA Helpline at 800-621-3362 for an explanation, or visit their FEMA account at DisasterAssistance.gov. A copy of “Help After a Disaster” will be included with your letter of determination. The booklet explains additional assistance that may be available to survivors and answers questions about filing an appeal. Any applicant that has been denied assistance may file an appeal. Call the FEMA Helpline...

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Abi Press Release

By on Oct 29, 2016 in Press Release | 0 comments

[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.] October 28, 2016 – Shanghai, China – GrantBert Studios announces “Abi”, an atmospheric Robot Puzzle Platformer with beautiful Artwork for PC, Consoles and iOS. The world was once a place brimming with life, a place full of people. Now, the last of humanity has mysteriously disappeared in pursuit of perfection and immortality.  The only beings left are the robots who were once servants to humanity. In Abi, you will travel across a multitude of different environments, from industrial areas to empty desert sands, overcoming adversity and challenges along the way. You will have to switch between Abi, a small robot programmed to assume an educational role, and DD, a large and heavy industrial robot, in order to solve different kinds of problems. Experience the moving trials and tribulations of the robots and slowly discover the mystery of the sudden disappearance of humans from the world. – Abi, GrantBert Studios www.abigame.co kurtssingh@grantandbert.com...

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