--(www.USEquityNews.com)-- 12/07/2007 - Alternative Energy industry alert provided by U.S. Equity News. Williams Partners LP (NYSE: WPZ) has priced its offering of 9.25 million shares at $37.75 apiece, the natural-gas partnership said recently. The price is equivalent to the company's closing share price on Wednesday. Based on the offering price, total proceeds before expenses would be about $349 million. Williams Partners plans to use proceeds to fund part of a $750 million acquisition of certain interests in Wamsutter LLC from Williams Companies Inc.
Specialty chemicals maker Cabot Corp. (NYSE: CBT) said recently President and Chief Executive Kennett Burnes will step down on Jan. 1 and be succeeded by Patrick Prevost. Prevost most recently served as president of German chemical company BASF AG's performance chemicals unit. Burnes will remain chairman until the company's annual shareholder meeting March 13.
Shares of HB Fuller Co. (NYSE: FUL) rose in morning trading recently after a KeyBanc Capital Markets analyst upgraded the adhesives and chemicals maker, citing a recent pullback in stock price as well as expectations of growth from new products and cost cutting. Shares climbed $1.78, or 7.4 percent, to $25.70. The stock has ranged from $20.66 to $31.53 over the past year.
ALL Fuels & Energy Company (OTCBB: AFSE) President Dean Sukowatey recently expanded on his statements contained in a November 8, 2007, article (by S.P. Dinnen, http://www.allfuelsandenergy.com/web.page.desmoinesregister.110807.pdf) in the Des Moines (IA) Register, after numerous inquiries. In particular, Mr. Sukowatey discussed the ALL Fuels' slogan, "Ethanol... a Commitment to America," and how strongly committed the company is to supporting alternative fuels production. Mr. Sukowatey offered as an example ALL Fuels' ongoing investigation of opportunities relating to increased efficiencies in production through enzyme compounds and other developing technologies.
About U.S. Equity News
U.S. Equity News provides information, resources and news services for investors of small-cap, micro-cap and emerging companies. U.S. Equity News distributes RSS news feeds and a free subscription-based newsletter available through its website at www.usequitynews.com.
U.S. Equity News is a financial news distribution service by Equity Solutions, Inc. (www.equityirsolutions.com) that provides a platform for public companies to disseminate important news to key Wall Street interest such as shareholders and new investors. Equity Solutions, Inc. can assist by providing an effective increase in the awareness of a public company's news, development and corporate story through its proprietary network and its financial portal. U.S. Equity News and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.USEquityNews.com.