Warning over ‘major’ sewage spill
The News Review:
- Warning over ‘major’ sewage spill
- AIA Engineering: Buy
- Phony fax triggers release of Kentucky prisoner
Warning over ‘major’ sewage spill
BBC News – Apr 22, 2007
A Sepa spokesman said emergency measures to “minimize the risk of pollution” were being put in place. "We urge people to ensure they maintain high standards of personal hygiene and do not take anything home from the beach until sewage has dispersed" Ewan AitkenEdinburgh Council leader He added: “Everything that needs to be done is being done. Engineering works were expected to continue throughout the weekend. Thames Water said it had not shut the plant down as it deals with most of the capital’s waste – from about 800000 people. Spokeswoman Hillary Bennet said: “Sewage is still pumping into the Firth of Forth. We’re installing temporary pumping equipment which we expect will prevent further discharges from the pumping station. Environmental health officers with Edinburgh City Council advised anyone who uses waterfront recreational areas to avoid contact with the water.
AIA Engineering: Buy
Hindu Business Line – Apr 22, 2007
At current market price the stock trades at about 23 times the expected per share earnings in FY2008. n the back of an estimated global market of Rs 12500-crore for mill internals used in mining and cement sectors (growing at about 4-5 per cent per annum) we believe AIAEL the second largest player in the product category in the world is well placed to capitalise on this increasing demand. This apart the threefold expansion in capacities and a strong clientele with the likes of Holcim Lafarge and Cemex also lend more confidence to the company’s business prospects. AIAEL’s decision to expand focus on global mining and utilities holds immense potential; given that currently only about 10-15 per cent of the mill internals in the mining industry are hi-chrome… 5 per cent it is unlikely to affect the margins of AIAEL. Since more than 70 per cent of the company’s total revenues come from replacements there is a low possibility of any significant drop in demand during a downturn in the capital spending cycle. Furthermore the proposed backward integration (either by acquisitions or setting up a new plant) for sourcing Ferro chrome and the setting up of a captive power plant could lead to improved operating margins. However delay in expansion plans lower than expected capacity utilisation and a sharp rise in raw material cost remain the principal risks to our recommendation. thehindubusinessline.
Phony fax triggers release of Kentucky prisoner
Seattle Times – Apr 22, 2007
“It’s outrageous that it happened” Fulton County Attorney Rick Major said. “I’m just glad nobody got hurt because he’s dangerous. PhoenixSoftware allegedly was taken to IranA former engineer at the nation’s largest nuclear-power plant has been charged with taking computer-access codes and software to Iran and using it to download details of plant control rooms and reactors authorities said. The FBI said there’s no indication the plant employee had terrorist connections. Mohammad Alavi who worked at the triple-reactor Palo Verde power plant west of Phoenix was arrested April 9 at Los Angeles International Airport when he arrived on a flight from Iran authorities said.
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