Intro Text:

Beijing Sinen En-tech, a developer of waste treatment technologies for industrial boiler steam system, has developed a patented technology to recycle steam while saving on water and coal. Their condensed water treatment equipment recycles an average of 100 tons of water per hour and saves 1 ton of coal per hour. This translates to a saving of up to 840,000 tons of water and 8,400 tons of coal per year.

Ecoseed Information Network

Filed under: Before the Bell, Economic Data

Gross domestic product growth slowed to a 2.4% pace, the slowest in nearly a year, the Commerce Department announced Friday. The reading of this measure of economic activity is too weak to push down unemployment. The quarter saw consumers spend less and retailers limit stock, this combined with the fact that the trade deficit had a larger impact on the economy and we have the formula for some rather unpleasant economic news.

Combine this report with the one indicating that the recession was worse than originally thought and our rosy picture of the economy takes a noticeably gray tint.

Continue reading Second-Quarter GDP Suggests Recovery Is Losing Steam

Second-Quarter GDP Suggests Recovery Is Losing Steam originally appeared on BloggingStocks on Fri, 30 Jul 2010 10:00:00 EST. Please see our terms for use of feeds.

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Economic – Gross domestic product – Recession – United States Department of Commerce – Balance of trade
BloggingStocks

Filed under: Deals, Initial Public Offerings

Oxford Resource Partners LP (OXF), which is a steam coal producer, launched its IPO today. The company issued 8.8 million shares at .50 apiece. However, the expected price range was -, which had to be reduced from -. And, as a sign of lackluster investor enthusiasm, the shares of Oxford are currently trading at .

The company is the largest producer of surface mined coal in Ohio. For the most part, the main customers are large utilities, which agree to long-term supply contracts.

Continue reading Oxford Resource Partners Loses Steam

Oxford Resource Partners Loses Steam originally appeared on BloggingStocks on Wed, 14 Jul 2010 15:00:00 EST. Please see our terms for use of feeds.

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Initial public offering – Ohio – Oxford – BloggingStocks – Coal
BloggingStocks