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Monday, July 28, 2014

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Raw: Wildfire Tears Through Washington

Raw: Wildfire Tears Through Washington

AP (July 18, 2014) A large wildfire continued to gain steam through north-central Washington Friday. The blaze is already responsible for the destruction of at least 100 homes. (July 18) Video provided by AP
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Wildfire Blamed on Marijuana Growers

Wildfire Blamed on Marijuana Growers

AP (July 16, 2014) A stubborn wildfire in Northern California that authorities blamed on marijuana-growing activity is threatening dozens of homes and structures. The fire has burned through nearly 13 square miles. (July 16) Video provided by AP
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Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

TheStreet (July 11, 2014) Gas Natural, the Ohio-based company mired in scandal, was recently talking to prospective buyers about a sale, but talks came to a screeching halt when former CEO Richard Osborne filed a lawsuit against the company. The scandal started back in November when Ohio regulators ordered an investigation into Gas Natural. In May, the company announced that Osborne would be retiring and his son would take the reins. Late last month, Osborne Senior struck back, filing a lawsuit against the company. The suit has forced Gas Natural to put the sale on the back burner, but sources say that as soon as the matter is settled, the company will once again be on the prowl for a buyer. Even with the controversy surrounding the company, there will be no shortage of buyers as there is an intense level of interest in the gas local distribution space. Similar companies that have recently traded hands have fetched rich ebitda multiples of 10.5 times. With about $20 million in ebitda last year, Gas Natural could easily fetch north of $200 million in a sale. Video provided by TheStreet
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NASA Launches Carbon-Hunting Satellite

NASA Launches Carbon-Hunting Satellite

Reuters - US Online Video (July 2, 2014) NASA launches a $465 million satellite, designed to measure where carbon dioxide, a greenhouse gas tied to climate change, is moving into and out of the atmosphere. Rough Cut (no reporter narration). Video provided by Reuters
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last updated on 2014-07-28 at 4:34 pm EDT

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