Latest Houston business news

Rocket Software Completes Acquisition of Zephyr Development Corporation

NEWTON, Mass.-Rocket Software, Inc. has acquired Zephyr Development Corporation, a Houston-based developer of terminal emulation software. Financial details were not disclosed.

The Zephyr team has joined Rocket Software's global organization of more than 900 employees and has become part of Rocket Software's Application Development, Integration and Modernization business unit.

Andy Youniss, President and Chief Executive Officer of Rocket Software, said, "We have Zephyr...

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Natural Resource Partners L.P. Completes Fifth Acquisition of Coal Reserves at Deer Run Mine in Illinois Basin

HOUSTON -- Natural Resource Partners L.P. (NYSE: NRP)announced today that it has completed the fifth acquisition of coal reserves at the Deer Run mine near Hillsboro, Illinois for $40 million from Colt LLC, an affiliate of the Cline Group. The acquisition was funded with cash. NRP has paid $215 million of the $255 million slated for the acquisition of approximately 200 million tons of reserves. The final acquisition for $40 will...

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In the News

• GeoMet Announces Receipt of NASDAQ Global Market Listing Deficiency Notice
• GlobalSCAPE Provides Preliminary Fourth Quarter Revenue Results
• Among Oil ETFs, CRUD Crushing Competition
• SEC Filing: CAMAC Energy Acquires Avana Petroleum Interest For $15M
• CenterPoint Energy: A Safe 4% Yielder For The Next Decade
• Chevron And BP: 2 Undervalued Oil Stocks To Buy Now
• Oil Refinery Vs. Production Bet Subject To Change
• National Oilwell Varco Continues To Grow And Lead
• Mission Pharmacal Acquires Eletone Cream from Ferndale Healthcare
• National Oilwell Varco: Look Elsewhere In The Oil Services Sector
• TaxMasters Announces $25 Million Equity Financing
• National Oilwell Varco Acquires Flexible Pipe for $670M
• Complete Production Services Divests Canadian Wireline Operations For $45M.
• MATS Forces FirstEnergy to Close Six Coal-Fired Plants This Year
• Blacksands Petroleum Completes First Operated Well in Permian Basin
• Rock Energy Resources to Acquire Remaining 51% of Red Arrow Mine

User-Generated News

• Callbright Receives DrivingSales Dealer Satisfaction Award
• Fitch Affirms Cameron County, TX's International Toll Bridge System Revs at 'A'; Outlook Stable
• Fitch Affirms McAllen, TX's International Toll Bridge System Revs at 'A'; Outlook Stable
• TexCom Reports That New Eagle Ford Environmental Services' Liquid Disposal Operations off to Successful Start
• Global NuTech Announces Name Change to Texas Gulf Energy, Incorporated
• Ford Nassen & Baldwin Attorneys Named to 2012 International Who’s Who of Construction Lawyers

People

• Xtreme Power Promotes Alan Gotcher, Ph.D., to CEO

  KYLE, Texas--(BUSINESS WIRE)--Xtreme Power Inc., developer and manufacturer of Dynamic Power Resource^TM digital power management and energy storage solutions, today announced the promotion of Alan J. Gotcher, Ph.D., to president and chief executive officer and a member of Xtreme Power's board of directors. Xtreme Power co-founder and former CEO Carlos Coe, Ph.D., will now serve as chairman of the company's board, a position that enables Coe to focus on as...

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• Dell Names John Swainson President of New Software Group

  ROUND ROCK, Texas--(BUSINESS WIRE)--Dell today announced the appointment of John Swainson to serve as President, Software Group, effective March 5, 2012. Mr. Swainson will report to Michael Dell, chairman and CEO of Dell. The Software Group will build on Dell's software capabilities and provide greater innovation and organizational support to create a more competitive position in delivering end-to-end IT solutions to customers. The organization will add to...

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• IES Communications Appoints John D. Seli as Director of Finance
• MicroSeismic Appoints Jeff Bruce as General Manager of Northeast Region
• CEO David Seaton Elected Chairman of Fluor’s Board
• Zale Appoints Ken Brumfield SVP

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