CSX Corp. (NYSE:CSX) announced that online registration is now open for the company's 2011 Investor and Financial Analyst Conference to be held May 17-18, 2011 in Detroit, Michigan. The two-day event will showcase CSX's Northwest Ohio Intermodal Terminal, which will play a key role in the company's long-term intermodal strategy. In addition, presentations by CSX executives on the second day of the conference will provide investors with a deeper insight into the company's long-term strategy and vision.
CSX Corporation, together with its subsidiaries, provides rail-based transportation services in North America.
Proper Power and Energy, Inc. (PPWE.PK)
Proper Power and Energy, Inc. has restructured its executive management team and entered into a strategic alliance.
Andrew J. Kacic replaced Joseph Abdo as President of Proper Power & Energy. Mr. Kacic brings more than 32 years of progressive experience as a chief executive in oil and gas, investment banking, insurance services and public securities.
Concurrently to the management restructuring, the Company has entered into a strategic alliance with Douglas Kiggins, founder of Mayo Energy Partners. Mr. Kiggins will assist Mr. Kacic in the development of the Company’s Utah asset, with the target goal of drilling the first exploratory well in Utah by third Quarter 2011. Mr. Kiggins has participated in the drilling and development of over 250 oil and gas wells in Texas, Oklahoma and Colorado, with the deepest well reaching a total depth over 21,000 feet.
“The Company is now postured to accelerate the development of both Utah and Kentucky in the first Quarter 2011,” Mr. Abdo stated.
Previously, PPWE reported that it has been approached by two independent financing groups and has submitted ( Read More http://crweselect.com/21802/stock-alerts/csx-ppwepk-iff-grhuob-dci-crwes... )