Industrials, Materials & Utilities

UPDATE 3-Rolls-Royce to slash jobs, blames project delays 8:11am EST

* To cut 1,500 to 2,000 jobs worldwide next year * Already in talks on 140 job losses at UK plant * Says responding to Airbus, Boeing delays, economic slump * Shares down 1.5 percent  Full Article

 
Bankrupt VeraSun posts third-quarter loss 8:11am EST 

NEW YORK, Nov 20 (Reuters) - Ethanol maker VeraSun Energy Corp , which filed for bankruptcy protection last month, posted a net loss for the third quarter hurt by charges and high costs for corn used to make the fuel.  Full Article 

BUY OR SELL-Are American Superconductor shares oversold? 8:10am EST 

BANGALORE, Nov 20 (Reuters) - After 21 years of posting a loss, energy technology company American Superconductor said it might finally turn profitable at the end of this fiscal year and stood by its 2009 outlook.  Full Article 

UPDATE 1-Vestas says customers not cancelling booked orders   8:09am EST

AARHUS, Denmark, Nov 20 (Reuters) - Denmark's Vestas , the world's biggest wind turbine maker, has not seen customers cancel or renegotiate booked orders due to the financial crisis, its top executive said on Thursday.  Full Article

 
APS Ariz. Palo Verde 1 reactor exits refuel   8:08am EST

NEW YORK, Nov 20 (Reuters) - Arizona Public Service's 1,314-megawatt Unit 1 at the Palo Verde nuclear power station in Arizona exited a refueling outage and ramped up to 42 percent by early Thursday, the U.S. Nuclear Regulatory Commission said in a report.  Full Article

 
Exelon Dresden 3 reactor starts to exit refuel   7:59am EST

NEW YORK, Nov 20 (Reuters) - Exelon Corp's 867-megawatt Unit 3 at the Dresden nuclear power station in Illinois started to exit a refueling outage and ramped up to 3 percent by early Thursday, the U.S. Nuclear Regulatory Commission said in a report.  Full Article

 
Southern Ala. Farley 1 reactor shut   7:56am EST

NEW YORK, Nov 20 (Reuters) - Southern Company's 851-megawatt Unit 1 at the Farley nuclear power station in Alabama shut by early Thursday, the U.S. Nuclear Regulatory Commission said in a report.  Full Article

 
UPDATE 1-Metalloinvest slashes iron ore output, steel steady   7:55am EST

NOVOTROITSK, Russia, Nov 20 (Reuters) - Metalloinvest, Russia's largest iron ore miner, has slashed output of the steel making raw material as clients have fallen over $350 million into payment arrears, its chief executive said on Thursday.  Full Article

 
Rockwool 9-mth EBIT tops expectations; trims outlook   7:49am EST

COPENHAGEN, Nov 20 (Reuters) - Danish mineral wool producer Rockwool posted on Thursday nine-month operating profit slightly above expectations but trimmed its full-year outlook.  Full Article

 
Progress N.C. Brunswick 1 reactor shut   7:48am EST

NEW YORK, Nov 20 (Reuters) - Progress Energy Inc's 938-megawatt Unit 1 at the Brunswick nuclear power station in North Carolina shut by early Thursday, the U.S. Nuclear Regulatory Commission said in a report.  Full Article

 
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Aetna CEO says taking market share Wednesday, 19 Nov 2008 03:12pm EST

NEW YORK (Reuters) - Aetna Inc is confident in its prospects and is taking market share despite uncertainty over health-care reform and the broader economic climate that has weighed on its shares, the head of the No. 3 U.S. health insurer said on Wednesday.  Full Article 

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