Wednesday, May 22 2013 3:51 AM EDT2013-05-22 07:51:48 GMT
Our warmest day of the next week pushes temperatures towards 90 degrees in some places. With the daytime heating, an afternoon/evening thunderstorm exists for the area. The cold front begins to push through
Wednesday, May 22 2013 2:18 AM EDT2013-05-22 06:18:54 GMT
An electrical fire destroyed a home in Harrison County Tuesday night. The Harrison County 911 Center said it started just after 12:15 a.m. on Locust Street in Salem. It said the fire appears to be suspicious.
Fire destroys a home in Salem just after 12:15 a.m. Tuesday night.
Tuesday, May 21 2013 10:06 PM EDT2013-05-22 02:06:38 GMT
Doddridge County High School has received a three-year, $50,000 Innovation Zone Grant, allowing students with similar interests to spend a few hours every month getting real world experience.
Doddridge County High School has received a three-year, $50,000 Innovation Zone Grant, allowing students with similar interests to spend a few hours every month getting real world experience.
Tuesday, May 21 2013 1:54 PM EDT2013-05-21 17:54:26 GMT
The West Virginia EDA adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
The West Virginia Economic Development Authority adopted a resolution to allow $150 million in 20-year bonds for new equipment at Gestamp. The state will own the equipment at first, and Gestamp will pay off the bonds on it.
Tuesday, May 21 2013 1:49 PM EDT2013-05-21 17:49:56 GMT
Entsorga will take waste and separate steel, aluminum and glass, recycle certain types of biodegradable waste and convert it to an end product that can be used to make cement.
The business, which WVEDA Executive Director David Warner explained was a European technology that takes waste and separates steel, aluminum and glass, recycles certain types of biodegradable waste and converts it to an end product that can be used to make cement.
Tuesday, May 21 2013 11:29 AM EDT2013-05-21 15:29:48 GMT
NEW HAVEN, WV (AP) — Felman Production LLC plans to temporarily idle one of three electric arc furnaces at its ferroalloys plant in New Haven and lay off union workers.
NEW HAVEN, WV (AP) — Felman Production LLC plans to temporarily idle one of three electric arc furnaces at its ferroalloys plant in New Haven and lay off union workers.
Tuesday, May 21 2013 11:23 AM EDT2013-05-21 15:23:48 GMT
Don Arnwine, the national director for McManis Consulting, says he uses the "media test" to find out the efficiency of a company's board of directors."If a board is often in the news, there's trouble in River City."
Don Arnwine, the national director for McManis Consulting, says he uses the "media test" to find out the efficiency of a company's board of directors."If a board is often in the news, there's trouble in River City," said the former president/CEO of Charleston Area Medical Center.
Chesapeake Energy on Feb. 21 reported fourth-quarter net income of $563 million, down from $799 million in the same quarter of 2011, and a net loss of $594 million for calendar year 2012 as opposed to net income of $1.6 billion the year before.
"The company's 2012 fourth quarter and full year results include various items that are generally not included in published estimates of the company's financial results by securities analysts," the company said in its earnings release.
"Excluding such items, Chesapeake reported adjusted net income available to common stockholders of $153 million, or $0.26 per fully diluted common share, and adjusted ebitda of $1.089 billion for the 2012 fourth quarter and adjusted net income available to common stockholders of $285 million, or $0.61 per fully diluted common share, and adjusted ebitda of $3.754 billion for the 2012 full year."
The company also released information on its operations in the Marcellus Shale. In the fourth quarter, Chesapeake's average daily net production in the southern wet gas portion of the play, which includes much of its West Virginia operations, was approximately 155 million cubic feet equivalent (mmcfe) per day (260 gross operated mmcfe per day).
"Management expects production from the southern Marcellus will remain relatively flat until the ATEX pipeline, which will carry processed ethane to the Gulf Coast, comes online in late 2013," the earnings release said.
"Chesapeake is currently drilling with three operated rigs in the southern wet gas portion of the Marcellus and anticipates maintaining that level of activity for the remainder of 2013."
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