| Valero advises shareholders to reject TRC offer (AP) Valero Energy Corp. said Thursday it has been notified of a mini-tender offer by TRC Capital Corp., and urged its shareholders not to tender their shares because the offer price is below market value. us.rd.yahoo.com |
Securities Litigation against Cano Petroleum is Dismissed (Business Wire) FORT WORTH, Texas----Cano Petroleum, Inc. today announced that, on December 3, 2009, the United States District Court for the Northern District of Texas granted motions to dismiss all claims brought by the plaintiff, Truk International Fund LP, against Cano and its officers, directors and underwriters arising out of the June 26, 2008 public equity offering of Cano common stock. us.rd.yahoo.com |
EcoFactor raises $2.4M EcoFactor Inc., a Redwood City-based developer of energy management systems, announced Monday it closed a $2.4 million financing deal led by Claremont Creek Ventures. The infusion of capital will help EcoFactor accelerate commercial deployment of its residential energy management solution, which monitors outside temperature and other factors and automatically adjusts a home’s thermostat. bizjournals.com |
ExxonMobil Extends Life Of Texas Field The oil giant has invested more than $700 million in Texas over the past three years. forbes.com |
Akermin raises $10M Akermin Inc. said Tuesday it raised $10 million in its Series B financing round and will use the new funds to develop and bring to market its carbon-capture system for power plants. bizjournals.com |