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Business 2002 P32



Williams considers selling its Western Canada gas assets
Williams announced that it is considering selling its natural gas processing and liquids extraction operations in Western Canada to continue to strengthen the company's financial flexibility.

Entergy to move forward on Vermont Yankee purchase
Entergy Corp. said it has reached agreements with the owners of the Vermont Yankee nuclear plant that will allow Entergy to move forward with the planned purchase.

Cummins Inc. reports earnings for second quarter
Cummins Inc. reported second quarter earnings of $.33 per share, or $13 million profit after taxes, on sales of $1.46 billion.

Directors named at Xtreme Cos. for Waste Renewal Systems and Nuclear Reduction subsidiaries
Xtreme Cos. announced recently that it added an outside director to each of the boards of two subsidiaries and formally named corporate director Clayton Kass to both boards.

Capstone Turbine names Koyama senior VP of sales, marketing
Capstone Turbine Corp. recently announced that Hal Koyama has been advanced to the position of Senior Vice-President of Sales & Marketing.

Entergy ready to back out of Vermont Yankee deal over changes
Entergy has notified the utility owners of Vermont Yankee that it is unwilling to close the transaction unless the commercial terms it negotiated in good faith can be restored by the end of the month..

Nuvera and Air Liquide to split up joint venture
Nuvera Fuel Cells Inc. and Air Liquide recently announced their agreement to end their joint venture in the company Axane.

Reliant names Mark Jacobs chief financial officer
Reliant Energy Inc. recently announced that Mark M. Jacobs has been appointed executive vice president and chief financial officer of both Reliant Energy and Reliant Resources Inc.

AEP may reduce 2002 earnings guidance by 10 percent
AEP said it had a very disappointing June that reduced second-quarter ongoing earnings below expectations and will make it difficult to meet earnings targets for the year.

Global Thermoelectric Inc. president and CEO resigns
Global Thermoelectric Inc. announced the resignation of Jim Perry the company's President and CEO for personal reasons, effective immediately.

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