Notification of Unusual Event Declared and Terminated At Sequoyah Feb 12, 2012 06:18PM

SODDY-DAISY, Tenn., Feb. 12, 2012 /PRNewswire-USNewswire/ -- An electrical malfunction in the switchyard at the Sequoyah Nuclear Plant damaged some localized electrical distribution equipment but did not affect the operation of the two units.

(Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO )

TVA officials declared a "Notification of Unusual Event" Sunday, Feb. 12, 2012, at 8:34 a.m. EST and notified federal, state and local officials. A "Notification of Unusual Event" is the lowest of four NRC classifications.

The event occurred in the non-nuclear portion of the plant's electrical switchyard which is similar in operation to all electrical power plants. Nuclear safety related equipment was not required or impacted. There were no injuries as a result of the malfunction.  Both units continue to operate at full power.

Sequoyah plant officials terminated the notice at 10:19 a.m. EST after the electrical fault was isolated from the remainder of the electrical switchyard.  Approximately 10 gallons of oil was discharged from a power circuit breaker during the event.  The oil, used to cool the internal electrical equipment in the circuit breaker, was contained in the plant's switchyard and is being cleaned up.

The Tennessee Valley Authority, a corporation owned by the U.S. government, provides electricity for business customers and distribution utilities that serve 9 million people in parts of seven southeastern states at prices below the national average. TVA, which receives no taxpayer money and makes no profits, also provides flood control, navigation and land management for the Tennessee River system and assists utilities and state and local governments with economic development.

www.tva.com/news

 

SOURCE Tennessee Valley Authority


Houston, We Have a Problem. Ground Control to Major Decliners: TRLG, GSVC AND XIDE, Commencing Coverage. Exit Signs On? Feb 12, 2012 06:11PM

LAS VEGAS, NEVADA -- (MARKET WIRE) -- 02/12/12 -- At RocketAlerts we are closely watching three rapidly rising NADAQ issues with rapidly developing propulsion issues.


True Religion Apparel, Inc. (TRLG)
Previous close on Thursday $36.74
Close on Friday $26.61
Down -$10.19 (-27.57%)

GSV Capital Corp (GSVC)
Previous close on Thursday $19.388
Close on Friday $15.30
Down -$4.20 (-21.09%)

Exide Technologies (XIDE)
Previous close on Thursday $3.99
Close on Friday $3.03
Down -$0.96 (-24.06%)

So how do you play these rapidly cooling hot stocks? At RocketAlerts we look for signs and events which signal the timing, direction and magnitude of a hot stock's next move. With our proprietary Movement Precursor Predictor you can get ahead of the game. To see how you can make your profits sail further, get our absolutely FREE Newsletter by visiting our website: RocketAlerts.com.

At RocketAlerts we know that most investors have the guts to be successful but are usually lacking the technical know-how and the up-to-date information that the professionals possess. How can you succeed where many fail? By knowing which key signs and events really matter in predicting a stock's every move. To get the Right Stuff Know-How and the latest scoop on this stock and many others, subscribe to our FREE newsletter at: RocketAlerts.com.

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RocketAlerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. RocketAlerts.com is a wholly owned entity of a financial public relations firm. Please read our report and visit our website, RocketAlerts.com, for complete risks and disclosures.

Contacts:
RocketAlerts.com
Editor
800-495-9870
contact@rocketalerts.com
www.RocketAlerts.com

Source: RethinkCapital.com


Milestone Aviation Group Signs Contract for Three S-92® Helicopters Feb 12, 2012 06:11PM

DALLAS, Feb. 12, 2012 /PRNewswire/ -- Sikorsky Aircraft Corp. today announced that Milestone Aviation Group, a global finance company that buys and leases helicopters to operators worldwide, has signed a contract to purchase three S-92® helicopters. Sikorsky, a subsidiary of United Technologies Corp. (NYSE: UTX), announced the purchase at HELI-EXPO®, the world's largest tradeshow dedicated to the international helicopter community.

(Photo: http://photos.prnewswire.com/prnh/20120212/NE52002)

(Logo: http://photos.prnewswire.com/prnh/20060403/SIKORSKYLOGO)

(Logo: http://photos.prnewswire.com/prnh/20120212/NE52002LOGO-b)

"In a very short time, Milestone Aviation has become one of the pre-eminent helicopter lessors and an important and highly valued customer," said Bob Kokorda, Sikorsky Sales & Marketing Vice President. "We deeply appreciate their business, and look forward to growing our relationship."

The three aircraft join a growing inventory of seven S-76C++ helicopters and four additional S-92 aircraft Milestone has purchased since December of 2010.

The new aircraft will serve a variety of roles with operators worldwide, such as transporting workers to offshore oil and gas platforms, VIP transport including Head of State, air ambulance, search and rescue, and civil defense.

"Our most recent purchase is further testament to the quality of the Sikorsky product line," said Richard Santulli, Chairman of Milestone. "Demand for these machines is extraordinary, and they will quickly enter the field performing mission critical or utility work with operators in the oil and gas, EMS or search and rescue sectors."

Sikorsky plans to deliver the first two S-92 aircraft during the latter part of 2012; and the third aircraft in early 2013.

Milestone Aviation Group is the first global aircraft leasing company exclusively focused on helicopters. Milestone's global aircraft leasing platform addresses the liquidity needs of the market through 100% operating lease financing. Since launching in August 2010, Milestone has leased more than 40 aircraft valued at more than $500 million. Further information is available at www.milestoneaviation.com.

Sikorsky Aircraft Corp., based in Stratford, Conn., USA, is a world leader in helicopter design, manufacture, and service. United Technologies Corp., based in Hartford, Conn., USA, provides a broad range of high-technology products and support services to the aerospace and building systems.

www.sikorsky.com

SOURCE Sikorsky Aircraft Corp.


Sudbury ground zero for health care cuts Feb 12, 2012 05:52PM

SUDBURY, ONTARIO--(Marketwire - Feb. 12, 2012) - Sudbury is ground zero for the Liberal government to put its health care 'action plan' into action. The closure of 30 beds at Memorial Hospital will thrust frail seniors with complex medical needs into a void of non-existent home care supports and a 900 person waitlist for long-term care. Hospital staff oppose this "ill-conceived action" and are holding a community rally on Monday, February 13 (11 a.m.) at Liberal MPP Rick Bartolucci's Cedar Street office to protest the bed closures.

Ontario's health minister Deb Matthews has been busy talking up the new health 'action plan' intended to lay the ground for a fresh round of cost-cutting hospital and health service restructuring. The cornerstone of the plan is keeping people out of hospital and out of long-term care, and in their homes with a few hours of home care. But provincially there are currently about 10,000 people waiting for home care services. Another 26,000 are on waitlists for long-term care.

"These cuts will make those problems worse. As cover for the coming cuts, the government is pretending that its home care strategy can handle these problems," says Dave Shelefontiuk, the president the Canadian Union of Public Employees (CUPE) 1623, which represents the majority of the registered practical nurses and personal support workers affected by the Memorial bed closures.

Matthews' action plan promises to add home care hours over a period of several years as more hospital care is cut.

There are already hundreds of people in Sudbury with complex medical needs, "Many of them vulnerable seniors who are suffering, alone at home because there are no home care services in place and not enough nursing home beds. Closing the Memorial beds means more people will suffer," says Shelefontiuk.

The rally Monday is outside Bartolucci's constituency office because, says Shelefontiuk, the Liberal MPP has been absent in advocating for adequate health care funding for Sudbury. A second rally is being planned for early March.

"It's disingenuous for the health minister and our local MPP to pretend that a few more home care hours will offset and justify the cuts in other health care and hospital services. All this is just smoke and mirrors. There are no options in the community for the people forced out of Memorial to access," says Shelefontiuk.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Dave Shelefontiuk
        President, CUPE 1623
        (705) 929 8457

        Stella Yeadon
        CUPE Communications
        (416) 559-9300

Source: Canadian Union of Public Employees (CUPE)


Emmis' WTHI-FM in Terre Haute Highest-Rated Radio Station in the U.S. in 2011 Feb 12, 2012 05:30PM

INDIANAPOLIS, Feb. 12, 2012 /PRNewswire/ -- Emmis Communication's WTHI-FM, HI-99, The Wabash Valley's Country Station, was the highest rated radio station in the United States in 2011, according to BIA. 

With listeners 12 and older, WTHI earned a 27.1 share in the Spring 2011 book and returned in the Fall with a 26.3 share, making it the highest rated station in the country for 2011. HI-99 has frequently been the highest-rated country format in the U.S., however, it was a clear No. 1 among all formats of the 14,728 radio stations in the United States.

"I am proud of our entire team for such a remarkable accomplishment," said James Conner, Vice President and General Manager of Emmis-Terre Haute. "This type of an achievement wouldn't be possible without the dedication of our on-air staff led by country DJ Hall of Fame member Barry Kent.  A majority of our employees have been with WTHI for 10 or more years and they understand the dedication required to maintain a high level of success in our ever changing industry.  Our team's professionalism, work ethic, and dedication to our community is what sets us apart."

About WTHI

An Emmis Communications station, WTHI-FM has led the Terre Haute market ratings for over twenty years. In 2007, the station celebrated 25 years in the country format. Over the years, WTHI has raised more than $1,000,000 for the kids at St. Jude Children's Research Hospital.

SOURCE Emmis Communications


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