Thousands of Jobs Scammed or Created Nov 19, 2009
Because First Wind is supported principally by Madison Dearborn Partners and the D.E. Shaw Group. Madison Dearborn Partners, not coincidentally, is Obama Chief of Staff Rahm Emanuel's "best source of funds," according to the Washington Examiner. (Human Events Online)
Pike to work on new nuke plants Nov 11, 2009
The contract for the Mount Airy-based Pike was awarded by The Shaw Group, which oversees engineering and modification of the facility. The new nuclear power units, known as V.C. Summer 2 and 3, and scheduled for completion in 2016 and 2019. (Triad Business Journal, NC)
Stock Picks: Netflix, Verizon, Shaw Group, KBR Oct 27, 2009
Business for Shaw Group should increase as oil prices rise, Stifel Nicolaus analyst Barry Bannister said on Oct. 26 as he upgraded shares of the engineering and construction company. Although Bannister said the "primary driver" of oil prices has been the weak U.S. dollar, Shaw should benefit due to its project backlog, he said. (BusinessWeek)
Stock Picks: Google, BofA, Shaw Group, NutriSystem Oct 17, 2009
Baird analyst Andrea E. Wirth on Oct. 16 downgraded shares of engineering and construction concern Shaw Group, saying questions by federal regulators about a reactor design could spell trouble for the company's nuclear-power business. Wirth focused her comments on an Oct. 15 decision by the Nuclear Regulatory Commission that said a key part of a reactor built by Westinghouse may not withstand a tornado, earthquake or even high winds. (BusinessWeek)
Town warms up to proposed nuclear plant Oct 7, 2009
The Levy County plant's principal contractors The Shaw Group and Westinghouse are holding off on adding employees while the construction application negotiates the bureaucracy. It has received the necessary approval from state regulators, but hasn't gotten federal clearance. (MSNBC -- Environment)
Shaw Group Extends Credit Facility to October 2012 Sep 26, 2009
Engineering, construction company Shaw Group extends $1 bln credit facility to October 2012 ... Engineering and construction company Shaw Group Inc. said Friday it extended a $1 billion credit line to October 2012 by pledging its tangible and intangible assets. (ABC News -- Wire)
Shaw Group hires new general counsel Sep 22, 2009
(AP) - The Shaw Group Inc. has hired John Donofrio as executive vice president, general counsel and corporate secretary. The appointment is effective Oct. 5. (KSLA.com, LA)
CME signs 5 funds to clearing venture Sep 19, 2009
AllianceBernstein, BlackRock, BlueMountain Capital Management, the D. E. Shaw group and PIMCO all giant fund managers are founding members in the venture, which also includes Chicago-based Citadel Investment Group, CME said in a statement Friday. An undisclosed number of large banks are also becoming founding members, the statement said. (Crain's Chicago Business)
Groundbreaking set for Mill Creek plant Aug 26, 2009
In attendance at Thursday's celebration will be NorthWestern Energy President and CEO, Bob Rowe; Gov. Brian Schweitzer; representatives from all of the major project construction, equipment suppliers, and engineering groups, including NewMech Companies Inc., Pratt ey Power Systems; and the Shaw Group Inc; along with numerous company representatives and local government officials. Civil Dialogue. (Montana Standard, MT)
Vogtle reactor plans move ahead Aug 20, 2009
The company has provided a notice to proceed to both Shaw Group Inc., the contractor, and to Westinghouse, which is building the reactor units that will be installed there. The notice allows the companies to mobilize at the site and perform construction work that is not part of the plant s safety system. (The Augusta Chronicle)
China fires nuclear power head after investigation Aug 15, 2009
The Shaw Group Inc. (NYSE: SGR) and Westinghouse Electric Company, its AP1000 Consortium team member, today announced, along with Chinas State Nuclear Power Technology Corporation (SNPTC) and Nuclear Construction Company #5, the successful placement of the first major structural module at the Sanmen nuclear power plant project. The plant is owned by Sanmen Nuclear Power Company Ltd. (SMNPC) and located in Chinas Zhejiang province. (Fresno Bee -- Local)
Analysis: Touchdowns replace thirst for jobs Aug 3, 2009
Out in Lake Charles, The Shaw Group Inc. is planning to build components for nuclear reactors. Near Convent, steelmaker Nucor Corp. is buying land for a possible site for a pig iron plant. (Nola.com -- Sports)
TVA says hazard rating 'high' at 4 coal ash sites Jul 17, 2009
The Shaw Group Inc. (NYSE: SGR) today announced Shaw AREVA MOX Services, LLC (MOX Services) and the Tennessee Valley Authority (TVA) have signed a letter of intent to enter into contract negotiations for the procurement of Mixed Oxide fuel (MOX). MOX fuel is manufactured from surplus weapon-grade plutonium and can be used as a low-cost alternative to power nuclear reactors. (Fresno Bee -- Nation)
Shaw Groups local unit wins contract Jul 17, 2009
Shaw Groups local unit wins contract - Charlotte Business Journal ... Shaw Groups local unit wins contract ... The Shaw Group (NYSE:SGR) is based in Baton Rouge, La. (Charlotte Business Journal, NC)
Areva's Nuclear Wins in Europe Boost Chances in $1 Trillion Global Tussle Jul 9, 2009
owns 67 percent of Westinghouse, while U.S. power plant builder Shaw Group Inc. holds 20 percent, uranium producer Kazatomprom has 10 percent and Tokyo-based IHI Corp. owns 3 percent. GEs boiling water reactor technology is used in more than 90 of the 436 nuclear power plants operating across the globe and one third of the installed base in the U.S., according to its. (Bloomberg -- Germany)
AP Analysis: Despite big-money projects, no sure things for state's economy Jul 6, 2009
On another front, The Shaw Group Inc. recently held a job fair for a nuclear components plant in Lake Charles where plans call for 1,400 jobs. Still in the picture -- but out of focus now -- is steelmaker Nucor Corp.'s consideration of a southeastern Louisiana site for a $2 billion pig iron plant that initially would employ 500. (WWLTV.com, LA)
Shaw Group names senior VP Jul 3, 2009
The Shaw Group (NYSE:SGR) is based in Baton Rouge, La. Reader Comments. (Charlotte Business Journal, NC)
Lawmakers agree to budget compromise Jun 26, 2009
The plans use money from the state's "rainy day" fund, an expired insurance grant fund, health care trust funds and incentive money returned by The Shaw Group to help higher education. The health care dollars grow with federal matching cash. (KSLA.com, LA)
Freeport McMoRan addresses residents concerns Jun 26, 2009
The station signing up residents was kept busy as people filtered in, seeking more information about the remediation project, according to Joyce McGee, who works for the Shaw Group, which specializes in mining reclamation. One resident asking questions was Judy Hamilton, who lives in Old Bisbee. (Sierra Vista Herald, AZ)
David J. Lyon Resigns from the Owens Corning Board of Directors Jun 19, 2009
Mr. Lyon is a vice president of the D. E. Shaw group ... That bond-holder group was led by the D. E. Shaw group. (PR Newswire)
Toys R Us Acquires High-End Retailer FAO Schwarz May 29, 2009
It was purchased by D.E. Shaw group in 2004. Last year, it introduced $20-and-under toys in time for the holiday season, but it never carried "hit" toys like Elmo or Bakugan card game and remained largely dependent on tourists. (Click2Houston, TX)
* World Business Quick Take May 29, 2009
It was purchased by D.E. Shaw group in 2004. SYSTEMS. (Taipei Times, Taiwan -- Business)
Shaw CEO urges legislators to fight education cuts May 24, 2009
Warning that Louisiana is on the verge of taking a "permanent step backward" in higher education, Shaw Group Inc. founder and CEO Jim Bernhard urged Senate leaders to fill a budget gap that university officials say would lead to program cuts, furloughs and layoffs. Legislators are weighing whether to use one-time funds or delay scheduled tax breaks to free up money to offset the steep cuts planned for public colleges and health services next year. (Nola.com -- Sports)
Nuclear power a growing market May 19, 2009
The Shaw Group, which now owns 20% of Westinghouse and is its construction partner for Westinghouse s AP1000 nuclear reactors, has its power unit based here. And there were plenty of other suppliers and competitors already on the ground. (Charlotte Business Journal, NC)
Porn star may challenge family-values La. senator May 8, 2009
Eric LaFleur and Shaw Group CEO Jim Bernhard, both Democrats. Nobody has announced. (AZCentral -- News)
La. construction firm cancels deal with state May 7, 2009
- Construction and engineering firm The Shaw Group Inc. pulled out of a $210 million state incentive deal designed to help the company build a new Lake Charles plant and to keep its headquarters in Baton Rouge. Shaw president and CEO Jim Bernhard announced the move Wednesday, saying the company doesn't want to further drain dollars from Louisiana's coffers when the state is grappling with deep budget cuts to health care services and public colleges. (Nola.com -- Sports)
House committee to take up 'mega-fund' bill May 5, 2009
5 million deal to build a new Shaw Group facility in Lake Charles. If the House agrees to Walsworth's bill, lawmakers on the joint budget committee would have to separately approve mega-fund spending for each project. (KSLA.com, LA)
AND PERKS, TOO: Non-pay perks abound May 2, 2009
Should James Bernhard, CEO of the Shaw Group die, the engineering and construction company would pay his family $18 million for him not to compete with the company for two years, Anand says. "It's not only funny, it's outrageous," she says. (USA Today -- Money)
Shaw signs agreement with China power group Apr 29, 2009
(AP) - The Shaw Group has signed an agreement with China's State Nuclear Power Technology Corporation that allows both sides to support each other in nuclear-related businesses. The agreement w 00003712 as signed Monday in Washington, D.C., during an event organized by the United States and Chinese chambers of commerce. (KSLA.com, LA)
SNPTC/CNNC, Westinghouse and The Shaw Group Celebrate First Concrete Pour at Sanmen Nuclear Site in China Apr 20, 2009
SHANGHAI, April 19 /PRNewswire-FirstCall/ -- Westinghouse Electric Company, its consortium partner The Shaw Group Inc., China's State Nuclear Power Technology Corporation (SNPTC) and Sanmen Nuclear Power Company of China National Nuclear Corporation today announced the successful completion, on schedule, of the first pour of basemat structural concrete for the nuclear island at Sanmen, the site of the first of four Westinghouse AP1000(TM) nuclear power plants to be built under a contract signed... (PR Newswire)
Labor costs cause loss at Shaw power unit Apr 9, 2009
cost parent Shaw Group 53 cents per share. Without that, I believe we would have had record earnings in this quarter, Chief Executive Jim Bernhard Jr. told analysts during a conference call Wednesday. (Charlotte Business Journal, NC)
Excel, Charlotte Russe, Hot Topic, Shaw Group, WD-40: U.S. Equity Preview Apr 9, 2009
Excel, Charlotte Russe, Shaw Group, WD-40: U.S. Equity Preview - Bloomberg ... Excel, Charlotte Russe, Shaw Group, WD-40: U.S. Equity Preview. (Bloomberg -- US)
LC plant project continues minus Westinghouse Apr 5, 2009
State Economic Development Secretary Steven Moret said Friday that The Shaw Group is taking on all of the project to make structural, piping and equipment modules for Westinghouse AP1000 nuclear reactors. He said he did not know why construction and operation of the 600,000-square-foot plant is no longer a joint venture with Westinghouse. (KSLA.com, LA)
Hedge fund enriched Obama adviser Apr 5, 2009
Mr. Summers began as managing director at D.E. Shaw Group in October 2006. A company press release at the time said Mr. Summers would be involved part-time to offer advice on strategic initiatives, provide high-level research and advise the executive committee. (Insight on the News)
The Nation Today Apr 5, 2009
Lawrence Summers, President Obama's top economic adviser, earned millions over the past year as managing director of the hedge fund D.E. Shaw Group and through speaking fees, some from financial institutions now at the center of the government's rescue program. Financial disclosure reports released by the White House show that Summers received $5. (Boston Globe)
Anti-Obama Sentiment Helping GOP's Vitter Mar 30, 2009
Among those mentioned often is Jim Bernhard, president of Baton Rouge-based contractor The Shaw Group and a former party chairman. Republican Secretary of State Jay Dardenne said he has been approached by Republicans worried about the scandal and a more recent embarrassment for Vitter a Roll Call newspaper report that the senator had a temper tantrum after missing a flight at Washington Dulles International Airport. (Newsmax)
Hedge-Fund Destruction Is the Route to Salvation Mar 6, 2009
Even some of the biggest firms -- Citadel Investment Group LLC, D.E. Shaw Group and Tudor Investment Corp., among others -- have had to block investors from withdrawing money. This is great news for, well, hedge funds and their investors. (Bloomberg -- Columnists)
Congressman Melancon not planning to run for Senate seat in '10 Mar 2, 2009
There s also Jim Bernhard, CEO of the publicly listed Shaw Group and short-lived head of the Louisiana Democratic Party. Bernhard didn t reply to a call for an interview, but he s been shaking the bushes for months. (WWLTV.com, LA)
CPCC hosts 'Resources for Changing Times' Feb 26, 2009
Executives from Carolinas HealthCare System, Duke Energy Corp., The Shaw Group and Presbyterian Healthcare have been invited to lead panel discussions on career prospects in energy, health care, education and engineering. WFAE-FM will host the employer panels. (Charlotte Business Journal, NC)
Hoku to delay portion of its Idaho plant Feb 25, 2009
Parent company (Nasdaq: HOKU) announced Tuesday the change in its contract with Stone & Webster, a subsidiary of The Shaw Group. Hoku said the construction management services have been reassigned to JH Kelly, Hoku s general contractor. (Pacific Business News, HI)
CHAMBER FETE UPBEAT ... Autopsy results pending ... Vitter discusses economy ... \'Mist\' premiere here extra special for Hebert\'s family ... New Iberia upset with parish bill ... 120-year-old \'Mr. Al\' remains in place ... Upset board motions ... Four N.I. teens arrested Wednesday ... \'Mist\' comes home ... RAVE REVIEWS HERE ... Star power grips New Iberia ... HIV threat in case ... Maison Teche home to pool skills ... Feces overflow cited in removal of 40 animals ... Free tax work for green jobs ... Helicopter students feeling credit crunch ... Roses coming ... Port could holdup acquisition ... AG rules City department heads do not need to be reconfirmed ... FOCUSING ON JUVENILE CRIME ... Change results in layoffs ... City cites support of \'Plex ... St. Martin officials address key issue ... Performing Arts scholarship helps CHS graduate ... Iberia port hoping for $800,000 plus cleanup reimbursement ... N.I. resident Wilson died ... Environmental issues major concern for port ... Demolition extension for disputed city property ... Council member Lewis gets answer ... St. Martin Sheriffs Office scholarship open ... Brown: \'Illegal lynching\' led to death ... CPP $$$ best way to go? ... New refinery closer to reality ... Trees line the recently completed phase one of the Hopkins Street sidewalk project. ... Shadows plans yearly fundraiser ... Event runs laps around $25,000 goal ... Waste drop off sought ... Technical college receives accreditation in growing field ... Mayor returns from mayors gathering ... ACS students help with collections ... Centering around construction ... \'Plex on city agenda ... Iberia: Forget me not ... Area man dies in crash on La. 353 ... Children\'s symphony ready to entertain at Sliman ... Farm Day Forum set for Abbeville ... Chamber banquet dines Thursday ... ROLL ON ANDALUSIA ... Inmate dies in Iberia jail ... Teen is killed in wreck ... Congregation to return ... Three will vie for board ... Leadership XI begins ... IPSO: Shrimp was sold illegally ... Making Political Inroads ... Program to promote failing students ... ANSWERING PRE-K QUESTIONS ... Immersion is merged ... Overpass hearing scheduled ... Remembering those special Valentine\'s Day moments, gifts ... Catholic High soccer playoff postponed ... School board election qualifying ends today ... Legislators back school board needs ... Litter targets this Mardi Gras season ... Acadiana Regional approves new leases ... Business luncheon planned Tuesday ... One-car crash kills area woman ... Paul released from jail ... Council says no to request ... Crossroads even scheduled for N.I. ... Mardi Gras parade Friday ... Municipalities mostly no show for consolidation talk ... Iberia budget published today ... Time to qualify ... No plans to close N.I. location ... Landfills closing for day Monday ... DOING UTILITY HOMEWORK NOW ... City to cut "Plex grass ... Area man faces rape charge ... Ex-School Board worker is charged ... Change is made in pre-k registration ... Hebert returns home for concert ... Patrons party mini symphony preview ... SMPD hotline open for calls ... Conservation group gathers Thursday ... Monitoring Radio ... People say no to tower ... Suspects bond out after raid found drugs, guns ... Special gift for those who collect dolls ... IPSO looking for smash and grab suspect ... Gator racers chomping for action ... Scholarships open for SLEMCO users ... Iberia council asking for more stimulus ... Ezana on parade ... Treasure Hunters Still Dig ... Jeanerette seeks to get on Main Street Program ... Boogie bowling for Kids rolls through March 15 ... Rotary fundraiser cooking up beans ... Volunteers build deck for neighbor ... Mist premier ... City to stop services at PepperPlex ... ISCC, city cite monetary issues ... Consolidation talks on table ... Fitness Day Fun ... Satellite site idea put to rest ... Luke likes an adventure ... anywhere ... Family decides to benefit community with blood drive ... Indie movie rolls in area ... Saving? IPSO, NIPD costs eyed ... Murder trial is delayed ... Last year\'s storms having an impact on crawfish season ... Explosives found in the parish ... Doris A. Simoneaux ... Humane Society victim of dog theft ... Iberia woman last seen Wednesday ... Board\'s closed meeting might have been improper ... VOLUNTEERS BUILDING A "WONDERFUL" HOUSE ... Sheriff, city dispute pact ... Ex-youth coach enters a guilty plea ... Stimulus bill sparks action by council ... Bar owner makes case for later hours ... Green new color for North Lewis ... Zoning gets OK ... School district may extend full-time status ... Louviere docks Extreme Marine at Delcambre port ... Bank to expand in Alabama ... December \'08 unemployment more than 2007 ... Funds redirected ... Council gets crime reports by district from IPSO ... Local artist\'s works to be on display at library ... Gas station monitoring ... Bureau one stop shop for info on businesses ... National Players bring \'1984\' home ... Council member Lewis at odds with mayor on agenda additions ... Love those Tigers ... Fire destroys mobile home ... Suspect may make plea ... Getting fit is theme for event ... Mo. firm buys local company ... Rain, \'groundhog\' cooperate on Cajun weather day ... Wal-Mart donates building ... Head Start sign up in swing ... Arts, math workshop Saturday ... Hopkins advisory group to meet ... Wants to talk again about closing times ... Village nears 1,000 mark ... Fire consumes mobile home ... See no shadow ... Donating food by the truckload ... Council to move money? ... Jeanerettes Mardis Gras parade routeis changed ... No \'Shadeaux\' good news for South Louisiana ... Art comes to school, libraries ... Midsouth sets local meeting ... Talking up revitalization ... Shooting suspect arrested Friday ... Man runs into State Police car ... Citizen of the year ... Banned lawyer takes plea deal ... Cajun Groundhog Day event Monday ... Dozen take to city streets to pick up litter Saturday ... Teche Life editor sets out for new sights ... Lifetime of head in the books paying off ... Locals guilty in drug ring case ... Roseberry wins benfit 5k ... St. Edward\'s closes special week with celebration ... ADDRESSING THE BLIGHT ... Paul goes back to jail ... Housing Authority to pay more $$$ ... No gun: "Armed" robber gets nothing ... Teche port work unaffected by credential push ... 5k Saturday run and walk scheduled ... Dale Street to close Monday ... Manners, flowers off competition for Teche children ... Teche Area, greater Acadiana pushes for Congress bid ... National award to local group ... MEETING OF THE MINDS ... Citizens increase ahead ... Chamber award going to Comeaux ... Report sheds light on slaying ... Local man faces child porn charge ... Hopkins groups look at options ... Litter Walk cranks up efforts Saturday ... Iberia Parish Council discusses consolidation ... St. Mary pitches proposals ... ULL backs N.I. research center ... CLARIFICATION ... Some dark streetlights ... Man guilty as charged ... IPSO arrests two suspects ... Group: Probe animals deaths ... Cheering for LHS ... North St. holds blood drive ... Playing the piano at Erath High ... Consolidate? Its on council agenda ... Victim is shot multiple times ... Lafayette mans handgun discharges outside courthouse ... Hopkins district board revitalized ... Arrest made in 08 vehicular death ... Williams murder case rests with jury ... Fighting Obesity ... Didnt mean to kill ... ... Twin port elects officers ... Students enjoy youthful lesson ... Dragon dance opener ... Jurors see testimony ... School goes in lockdown ... McGee remembered as outgoing, welcoming man ... Doctors, other talk to 70 at West End Park health fair ... Iberia Chamber schedules event ... St. Mary Chamber salutes firm, Battle ... Andalusia 2009 ... If it\'s bottled, Wright probably has it on the shelves ... Personalizing your recipes ... Expert takes stand ... IPSO deputy hurt in wreck ... Two rob man ... Hymel takes reins of new economic group ... Insurance commissioner speaks locally ... Arrest made after New Iberia man found dead ... West End health fair set Saturday ... Jane-uary events include film ... The Big Dig ... Murder trial begins ... Judge revises charge ... Woman dies in house fire ... Resolution exercisers cautioned ... School Board misses legislators ... Permits reports show significant decline ... Jury seated; Williams murder trial begins ... 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The evening s keynote speaker was Shaw Group founder and CEO Jim Bernhard Jr., who focused on hope amidst these uncertain economic times. As bad as things may get, you can be sure prosperity will return, he said. (New Iberia, LA)
Kane County paper trims size, availability Feb 18, 2009
Shaw Group, which acquired the DeKalb Daily Chronicle a year ago, has a group circulation that approaches 100,000. About 40,000 of that is tied to one publication, the Crystal Lake-based Northwest Herald, Mr. Bricker said. (Crain's Chicago Business)
Offerpal Media Secures $15 Million in Financing to Drive Growth ... Feb 18, 2009
D. E. Shaw Ventures is the venture capital unit of the D. E. Shaw group. The D. E. Shaw group is a global investment and technology development firm with more than 1,600 employees; approximately $30 billion in investment and committed capital as of January 1, 2009; and offices in North America, Europe, and Asia. (MSNBC)
