Boston, MA 02/05/2014 (wallstreetpr) – Alpha Natural Resources (NYSE:ANR), declared in a press release that four of its associateoperations have been admiredfor protecting the environment. Alpha has received the honors from two departments namely, West Virginia Department of Environmental Protection and the other being West Virginia Coal Association for its exceptional contribution towards reclamation, reforestation and enhancing the land post mining. Alpha Natural Resources (NYSE:ANR) is one of the largest and diversified coal suppliers, which suplies thermal as well as metallurgical coal across five continents.
Johnson & Johnson (NYSE:JNJ) is one among the ten major pharmaceutical companies, who are joining in together with the National Institutes of Health and other organizations to study different diseases. Under a five-year partnership project, these companies will research and understand the scientific angle of diseases like Type 2 diabetes, Alzheimer’s, rheumatoid arthritis and lupus. The participants will freely share their resources like scientists, tissue, blood samples and data,with the objective to invent new drugs for the target. Among the participants include Bristol-Myers Squibb Co (NYSE:BMY), Johnson & Johnson (NYSE:JNJ), GlaxoSmithKline plc (ADR) (NYSE:GSK), Takeda PHARMACEUTICA (OTCMKTS:TKPHF) and Sanofi SA (ADR) (NYSE:SNY). While others like Amgen, Inc. (NASDAQ:AMGN) and Roche Holding Ltd. (ADR) (OTCMKTS:RHHBY) are not part of the study.
Suncor Energy Inc. (USA) (NYSE:SU) (-1.31%) opened lower after its fourth quarter operating earnings climbed just be a cent to $0.66/share, but the more disappointing for the company was its results which came below the market consensus. Su’s oil output from its oil sand operations inched up to 409.6 thousand bb/day from the previous year’s output of 342.8 thousand. The rise in the output was mainly on account of ramp-up of Firebag project. However, the aggregate production stood at 525-570 thousand from overall operations in 2014, below the estimate of 565-610 thousand boe. This was caused due to suspension of output in Libya due to political turmoil. The cash flow operations of Suncor Energy Inc. (USA) (NYSE:SU) increased 5% to $2.35, while its capital expenditure stood at $7.8 billion for the year 2014.