NEW YORK (Reuters) – Merck Co Inc plans to cut another 12,000 to 13,000 jobs by late 2015 to wring out additional annual cost savings of up to $1.5 billion that can be plowed back into research and deal making.
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TEHRAN, July 29 (UPI) — Natural gas supplies from Iran to Turkey were disrupted when an explosion struck a natural gas pipeline connecting the countries, Iranian officials said.
A blast early Friday struck a natural gas pipeline near Maku, which is near the Iranian-Turkish border, cutting gas supplies, unnamed officials told Iran’s semiofficial Mehr news agency.
The report indicated that responders were able to get the blaze under control and extract excess gas from a broken pipeline section.
Tehran said it sent technicians to the site to restore the flow of natural gas to Turkey.
Iran has been fighting Kurdish militants with the Party for Free Life of Kurdistan, or PJAK, for several weeks along the shared border with Iraq. Turkey is battling fighters with the separatist Kurdistan Workers’ Party.
Though pipelines have been targeted by militants in the past, there were no statements of responsibility or cause given for the explosion.
Iran exports around 1 billion cubic feet of natural gas per day.
Read the whole article at: http://www.upi.com/Business_News/Energy-Resources/2011/07/29/Explosion-rocks-Iranian-gas-line-to-Turkey/UPI-66461311940539/
An Abilene man won $2,500 in free gas on Thursday.
Chris Piezzynski took home the grand prize in the Allsup’s and FINA, flash-cash giveaway. He was presented with a metal case full of flash cash worth $2,500.
Throughout the summer Alon brands is awarding $120,000 worth of free Fina gasoline to it’s contest participants.
Piezzynski said a friend told him to register and two days later he got the call that he won.
“I sent it by text and a couple days later I get a phone call from FINA saying that I won the grand prize. They said it was a year’s worth of free gas. So I called her and said ‘you’re not gonna believe this… guess what!?’ Man it’s cool, I’ve never won anything like this before. This is awesome, it’s great,” said Piezzynski.
In addition to the $120,000 FINA is giving away GPS units, flip cameras and Apple iPads.
Read the whole article at: http://bigcountryhomepage.com/fulltext/?nxd_id=395527
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LAS CRUCES – Las Crucen Jose Luis Chavez will be awarded $2,500 in FINA Flash Cards today that he can use for gasoline or other purchases at participating FINA locations.
Pic Quik stores in Las Cruces sell FINA gas and Chavez will be awarded the cards at noon today at the Pic Quik at 3955 S. Main St
Read the whole article at: http://www.lcsun-news.com/las_cruces-business/ci_18554655?source=rss
Four Points by Sheraton Bangor hotel partners with Acadia National Park creating a value added Maine vacation package
Bangor, ME (PRWEB) July 26, 2011
Acadia National Park and Bangor hotel the Four Points by Sheraton welcome guests this summer to one of the most popular Bangor attractions to visit as part of a Maine vacation. The Bar Harbor and Acadia National Park Hotel and Gas Package includes one night accommodation for up to 4 people per room, $40 gas card and Four Points tote bag with healthy snacks, bottled water, maps and staff tips on what to do and see in Bar Harbor and Acadia National Park. The Maine vacation package is valid from July 1 – October, all for just $159/night, subject to availability.
Just a 45 minute drive from the Bangor hotels convenient airport location, Acadia National Park has been voted by the Sierra Club as one of the Top 10 Wild Place to Hike Before You Die while USA Today Travel recognized the Maine vacation spot as one of the 10 Great Places to Find Happiness. And TripAdvisor’s Traveler’s Choice 2011 awards include the Bar Harbor area as one of the top 25 destinations in the US, sharing the honor with such popular tourist venues as Hawaii, New York, San Francisco and Las Vegas. With a historic past originating in the 19th century, Acadia National Park offers 120 miles of hiking trails, 300 species of birds and a 27 mile scenic drive through the park, making the Bangor attractions appeal to outdoor enthusiasts unheralded.
There are many other things to do in Bangor including the annual American Folk Festival August 26-28 or one of the 26 Maine Agricultural Fairs showcasing educational entertainment for the entire
Read the whole article at: http://news.yahoo.com/four-points-bangor-hotels-acadia-national-park-package-200012588.html
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J.D. Taylor of Woodlawn, Md., inserts his Safeway club card to take advantage of a discount at the Catonsville Safeway on Baltimore National Pike Wednesday.
(Full-size photo)
BALTIMORE – Faith E. Wachter doesn’t normally spend as much as $17 on shampoo in a single shopping trip. But by stocking up on hair care products recently, the Ellicott City, Md., resident saved more than $4 on gasoline for her car – and just in time for a drive to the beach.
As they look for ways to spend less on fuel, more shoppers are headed to the supermarket.
Several chains are rewarding loyal customers with points they can redeem for discounts at the pump. And with the cost of a gallon of gas up a dollar from last summer, consumers say they are comparing the different programs – and, in some cases, shopping accordingly.
“It’s like buying a winning lottery ticket,” J.D. Taylor said as he filled up at the Safeway gas station in Catonsville, Md.
“How can you lose?” the Woodlawn, Md., man asked. “The card is free.”
Consumer advocates caution against the potential pitfalls of such programs. It’s true, they say, that customers might save money, as long as they don’t let the lure of discounts change their regular shopping habits.
But because it costs retailers money to offer and promote such discounts, they say, prices in general might be lower if they didn’t exist in the first place.
“I don’t think consumers benefit by encouraging these programs,” said Joseph Ganem, a physicist at Loyola University Maryland who has written a book on how consumers are deceived by numbers.
“These companies are paying a lot to implement them,” Ganem said. “You’re paying for that.”
The supermarket programs are pretty similar: For every dollar
Read the whole article at: http://www.spokesman.com/stories/2011/jul/26/gas-points-aid-stores-maybe-not-customers/
Although the global economy remains shaky to say the least, commodity prices have been soaring as worries over the U.S. dollar continue to dominate the market. Oil prices have held up especially well considering the possibility of a reduction in demand in the foreseeable future and are currently trading around the triple-digit mark. This strength in energy prices has helped to boost earnings for a variety of firms tied to the oil and gas industries, be it companies that engage in drilling or exploration of these resources. In fact, before the bell yesterday, Baker Hughes, a major driller of energy resources, reported a massive earnings increase as profits at the company nearly tripled from one year ago. This strength in the corporate side of the energy story has put pressure on a variety of other names in the field as well, many of which are reporting earnings later on in the week. One such company is Occidental Petroleum (NYSE: OXY ) , which looks to give its earnings report before the bell today.
Thanks to these trends in the marketplace, many analysts are predicting a huge pop in the company’s earnings and revenues from the year-ago period. The consensus estimate calls for EPS of $2.19 a share on revenues of $5.79 billion, a nearly 67% increase in profits from the year-ago period in which the company reported earnings of $1.31 a share on sales of $4.76 billion. These figures also suggest that analysts are looking for the overall profit margin of the company to accelerate as well, expecting the company to become far more efficient at turning sales into profits than it was just one year ago.
Thanks to this key earnings report, investors should look for
Read the whole article at: http://www.fool.com/investing/general/2011/07/26/tuesdays-etf-to-watch-dj-us-oil-gas-exploration-an.aspx
This morning, you could be one of the lucky local drivers who gets to fill up for free.
Mt. Gilead Full Gospel International Ministries is giving away $7,000 of free gas as part of its “Praising at the Pump” project. The location is the Kroger at 2801 Hicks Road, just off Hull Street Road in Chesterfield County.
The giveaway starts at 9 a.m. today. The free gas will be available on a first-come, first-served basis.
Read the whole article at: http://www2.timesdispatch.com/news/2011/jul/23/click-here-location-7000-free-gas-giveaway-ar-1190286/