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Forsite Might Redevelop Site of Clariant Plant on Green Energy

Fri, 16 Oct 2009 09:49:00 GMT

Oct. 16--A Charlotte company wants to redevelop a Superfund hazardous-waste site bordering the Catawba River into a sprawling green-energy industrial park that it says could create 1,000 new jobs.
Tom McKittrick of Forsite Development, which buys and remarkets corporate industrial buildings, sketched plans for the 667-acre site Thursday at the annual Green Conference of the Charlotte Chamber's NorthWest Chapter.
"Timing is absolutely critical for this project," McKittrick said.

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Electric Auto Manufacturer Plans Pittsburgh Area Plant

Sat, 26 Sep 2009 07:48:00 GMT

Sep. 26--The eZone electric car goes 40 mph at top speed, making it a poor choice for driving the Pennsylvania Turnpike.
"They are for going from Oakland into the city" on lower-speed roads, Gov. Ed Rendell said as the maker of the two-seater, CT&T Co. Ltd. of South Korea, announced plans Friday at Carnegie Mellon University to build a production and distribution plant in the Pittsburgh area that will create 200 to 300 jobs.
CT&T, the world largest maker of golf carts and electric vehicles, plans to establish East and West Coast headquarters along with 40 regional plants across the United States that will build and sell its two-seat "neighborhood" electric vehicles.

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South Korean Carmaker CT&T Tours Possible Plant Sites in Pittsburgh

Fri, 25 Sep 2009 17:47:00 GMT

Sep. 25--Electric car maker CT&T Co. Ltd. of South Korea plans to create 400 jobs and place two production and distribution plants in Pennsylvania, one in the Pittsburgh area and one near Philadelphia, officials said today.
Other sites they looked at were around Pittsburgh International Airport and in the Mon Valley near McKeesport, said county development director Dennis Davin.
At a news conference at Carnegie Mellon University today, Gov. Ed Rendell said the state is working on a business assistance package to finalize CT&T's move to Pennsylvania.

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Google CEO Schmidt Predicts Information at Forefront of Growth

Thu, 24 Sep 2009 07:50:00 GMT

Sep. 24--The United States will move beyond the recession with growth generated by advanced-manufacturing and information-gathering companies, Google Inc. CEO Eric Schmidt said Wednesday.
Schmidt asked during a Pittsburgh Technology Council-sponsored event at Heinz Field.
He called Pittsburgh "a city with a great story" about its own economic comeback in a speech to hundreds of college students and technology workers.

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Nothing Ventured, Nothing Gained: Recession Boosts Interest in the 3Rivers Venture Fair

Thu, 17 Sep 2009 16:49:00 GMT

Sep. 17--Since 2002, the 3Rivers Venture Fair has brought together startup companies looking for money from potential investors -- like a blind date, only with BlackBerries.
The event hosted by the Pittsburgh Venture Capital Association drew 30 companies and 600 attendees to the Lexus Club at PNC Park.
It was a business crowd, for sure.

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Surge in Gas Drilling Amplifies Debate Over Water Treatment Rules in Pennsylvania

Sun, 06 Sep 2009 07:46:00 GMT

Sep. 6--A battle is brewing over proposed rules designed to protect the state's water resources from high levels of pollutants -- action prompted by a boom in natural gas drilling that generates millions of gallons of wastewater laced with salts and chemicals.
Demand for treating wastewater from oil and gas production in the state is expected to reach about nine million gallons a day this year, according to a state Department of Environmental Protection report.
By comparison, the current level is only about 5 percent of the 200 million gallons of residential and industrial wastewater generated daily in Pittsburgh and 82 other communities in Allegheny County and treated by Alcosan, which does not accept the oil and gas well wastewater.

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CMU Prof Makes Game Out of Science

Tue, 18 Aug 2009 07:53:00 GMT

Aug. 18--Science by the masses motivates Adrien Treuille.
It allows about 90,000 players to manipulate the shapes of digital "proteins" to determine their most effective forms.
Treuille's ability to give everyday people the tools to solve scientific problems is a primary reason why Technology Review magazine today named him one of the world's top 35 innovators under the age of 35, said Kathleen Kennedy, chief strategy officer of the Massachusetts Institute of Technology publication.

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Local Universities Could Lose Millions Invested With Westridge

Fri, 29 May 2009 17:48:00 GMT

May 29--A preliminary financial report in an investment scandal unfolding in federal court in New York suggests the University of Pittsburgh and Carnegie Mellon University could lose tens of millions of dollars they invested with Westridge Capital Management Inc. and its affiliates.
The report, filed in U.S. District Court in New York, said the investment funds assets total only about 60 percent of the $1.5 billion in claims various foundation and pension funds -- including Pitt and CMU -- made against them.
Pitt invested $65 million with the fund; CMU invested $49.1 million in 2008.

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Startups Pitch for Funding at CMU

Sun, 15 Mar 2009 07:50:00 GMT

Mar. 15--Jeffrey D. Mullen of Shadyside said he believes the startup company he co-founded two years ago called Dynamics Inc. will revolutionize the debit card-credit card industry.
to introduce new products to market without having to change 60 million 1970s-era magnetic strip readers or re-educate the merchants that use them," Mullen said Saturday following his business plan presentation at the McGinnis Venture Competition at Carnegie Mellon University's Tepper School of Business in Oakland.
Mullen, 30, who plans to graduate this spring with a master's degree in business administration from CMU, was on one of four winning teams.

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Money Managers for Pitt, CMU Go Begging

Wed, 04 Mar 2009 17:55:00 GMT

Mar. 4--Two high-flying investment managers accused of stealing $553 million from clients, including $114 million from the University of Pittsburgh and Carnegie Mellon University, need some cash.
Attorneys for Paul Greenwood and Stephen Walsh, the principals of Westridge Capital Management Inc., asked a federal judge in New York on Tuesday for permission to get money to pay for bills such as $35,000 for orthodontists, $62,000 for private school tuition, $52,000 for landscaping and $33,000 for upkeep of homes.
The FBI arrested Greenwood, 61, and Walsh 64, on charges of defrauding investors out of hundreds of millions of dollars.

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MFS Announces Closed-End Fund Distributions - Apr 1 2009 4:19PM

Wed, 01 Apr 2009 20:05:00 GMT

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of April 1, 2009, ex-dividend dates of April 13, 2009, record dates of April 15, 2009, and payable dates of April 30, 2009:[More...]

MFS Announces Closed-End Fund Distributions - Mar 2 2009 4:21PM

Mon, 02 Mar 2009 20:11:00 GMT

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of March 2, 2009, ex-dividend dates of March 9, 2009, record dates of March 11, 2009, and payable dates of March 31, 2009:[More...]

MFS Announces Closed-End Fund Distributions - Feb 2 2009 5:07PM

Mon, 02 Feb 2009 20:46:00 GMT

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of February 2, 2009, ex-dividend dates of February 9, 2009, record dates of February 11, 2009, and payable dates of February 27, 2009:[More...]

MFS Announces Closed-End Fund Distributions - Jan 2 2009 4:38PM

Fri, 02 Jan 2009 20:17:00 GMT

MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of January 2, 2009, ex-dividend dates of January 12, 2009, record dates of January 14, 2009, and payable dates of January 30, 2009:[More...]

Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management's Web Site - Dec 29 2008 5:17PM

Mon, 29 Dec 2008 21:12:00 GMT

MFS Investment Management® (MFS) today announced the availability of information on the results of the weekly auctions for the week ending December 26, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below.
The data is posted online at www.mfs.com and can be accessed by clicking on "News & Commentary," then "News Room," then "Closed-End Funds Press Releases."
The information pertains to the following MFS closed-end funds:

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Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management’s Web Site - Dec 29 2008 4:36PM

Mon, 29 Dec 2008 20:16:00 GMT

MFS Investment Management® (MFS) today announced the availability of information on the results of the weekly auctions for the week ending December 26, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below. The data is posted online at www.mfs.com and can be accessed by clicking on “News & Commentary,” then “News Room,” then “Closed-End Funds Press Releases.” The information pertains to the following MFS closed-end funds:[More...]

Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management's Web Site - Dec 22 2008 5:25PM

Mon, 22 Dec 2008 21:20:00 GMT

MFS Investment Management® (MFS) today announced the availability of information on the results of the weekly auctions for the week ending December 19, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below.
The data is posted online at www.mfs.com and can be accessed by clicking on "News & Commentary," then "News Room," then "Closed-End Funds Press Releases."
The information pertains to the following MFS closed-end funds:

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Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management’s Web Site - Dec 22 2008 4:18PM

Mon, 22 Dec 2008 20:11:00 GMT

MFS Investment Management® (MFS) today announced the availability of information on the results of the weekly auctions for the week ending December 19, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below. The data is posted online at www.mfs.com and can be accessed by clicking on “News & Commentary,” then “News Room,” then “Closed-End Funds Press Releases.” The information pertains to the following MFS closed-end funds:[More...]

Updated Information Regarding Auction Preferred Securities Market Available on MFS Investment Management's Web Site - Dec 15 2008 5:15PM

Mon, 15 Dec 2008 21:10:00 GMT

MFS Investment Management® (MFS) today announced the availability of information on the results of the weekly auctions for the week ending December 12, 2008, that determine the dividend rate payable on the auction rate preferred shares issued by the closed-end funds identified below.
The data is posted online at www.mfs.com and can be accessed by clicking on "News & Commentary," then "News Room," then "Closed-End Funds Press Releases."
The information pertains to the following MFS closed-end funds:

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MFS Investment Management Releases Portfolio Information for Closed-End Funds - Dec 15 2008 4:43PM

Mon, 15 Dec 2008 20:27:00 GMT

MFS Investment Management® (MFS) announced today that updated closed-end fund portfolio information as of November 30, 2008, is available at MFS’ web site, www.mfs.com (click on “Products & Performance,” then click on “Closed-End Funds”). Information is available for the following funds:[More...]

Form 4 MFS HIGH YIELD MUNICIPAL For: Dec 02 Filed by: Bogart Thomas A (10K)

Mon, 01 Jun 2009 16:28:00 GMT

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Form 3 MFS HIGH YIELD MUNICIPAL For: Oct 21 Filed by: CORCORAN JOHN M (10K)

Thu, 23 Oct 2008 16:53:00 GMT

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Form 4 MFS HIGH YIELD MUNICIPAL For: Mar 20 Filed by: Atkinson Tracy A (10K)

Mon, 22 Sep 2008 17:52:00 GMT

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