| Trane Directors Declare Quarterly Dividend of 16 Cents Per Share of ...
PISCATAWAY, N.J., Feb. 7 /PRNewswire-FirstCall/ -- The board of directors of Trane Inc. (NYSE: TT) today declared a quarterly dividend of 16 cents per share of common stock. The dividend is payable on March 20, 2008, to shareholders of record on March 3, 2008. On Dec. 17, 2007, Trane announced that it had entered into an agreement to be acquired by Ingersoll-Rand Company Limited (NYSE: IR) . The agreement is expected to be finalized in the second quarter of 2008. About Trane Trane Inc. provides heating, ventilation and air conditioning (HVAC) systems and services that enhance the quality and comfort of the air in homes and buildings around the world. The company offers customers a broad range of energy-efficient HVAC systems; dehumidifying and air cleaning products; service and parts support; advanced building controls; and financing solutions.
American Standard finishes year with Trane ride
It has been anything but a standard year for American Standard. The Piscataway-based company completed the sale of its renowned bath and kitchen business and spun off its vehicle-control systems operation to focus solely on its more-profitable air-conditioning and heating systems. And Wednesday, it completed its three-way business split by announcing its name change to Trane, to identify with its popular HVAC brand. "Everyone has been clearly focused on the separation plan, and we're in the final stages," company spokesman Skip Colcord said. It was February when American Standard Chief Executive Officer Fred Poses announced that the company, which employs about 1,450 in New Jersey, would separate into three units in the hopes of creating greater shareholder value for its varied operations.
Product Recalls
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2/18/2008 BEEF RECALL (BEEF SCARE UPDATE FROM 2/13/2008) The U.S. Department of Agriculture on Sunday announced the largest meat recall in history. The department recalled 143 million pounds of frozen beef from the Southern California slaughterhouse, Westland/Hallmark Meat Co., that provided meat to school lunch programs and fast-food chains after a video surfaced showing cattle being abused and mistreated. Two major fast-food chains, Jack-In-the-Box and In-N-Out, said they would not use beef from Westland/Hallmark. The recall affects beef products dating back to February 1, 2006.
Wisconsin Sports Spectacular
It's an incredibly popular place for people to go and watch the game. I've never done it myself, but there are a lot of people that do. Not any more. The NFL has sent out letters to the owners of these operations to stop showing these games because they violate copyright laws. This according to the Journal Sentinel. Brian McCarthy, an NFL spokesman, said in an e-mail that the league recently became aware that the businesses were showing Packers games. "We let them know they are violating copyright law and longstanding NFL policies that prohibit mass out-of-town viewing of NFL games," he said. I think this is just one more way for the NFL in it's money grubbing way to screw the fan out of an awesome viewing experience. This just makes me think even more that some day we will have to pay a per game price to see our favorite team play on TV.
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