This Day in Naval History - May 07

Thursday, May 06, 2004
(By Navy News Service)

1779 - Continental Navy sloop Providence captures British brig Diligent off Cape Charles.

1934 - USS Constitution completes tour of principal U.S. ports

1940 - FDR orders Pacific Fleet to remain in Hawaiian waters indefinitely.

1942 - Carrier aircraft sink Japanese carrier Shoho during Battle of Coral Sea.

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Contracts

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

 
 
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