Mississippi Pwr Co 4.60 Pfd (MPRWP) 85.0000 $MPRWP
TransData Licenses Wireless Smart Electric Meter Patents to Telensa Limited
Business Wire - Mon Oct 20, 6:30AM CDT
TransData Inc., a leading developer and manufacturer of advanced power and energy metering products for electric utilities and industry, announced today that it has licensed its wireless "Smart Meter Patents" portfolio to Telensa Ltd., a leading street light wireless monitoring and control system supplier based in the U.K. The financial terms of the licensing agreement, which includes TransData's U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699 are confidential.
PNM: 28.16 (-0.50), GE: 25.15 (+0.26), ITRI: 35.75 (-0.12), CNP: 21.76 (-0.35), OGE: 33.34 (-0.41), SRE: 105.56 (-1.11), SSNI: 9.15 (+0.36)
Mississippi Supreme Court Strikes Down Pollution Control Regulation
PR Newswire - Fri Aug 22, 5:38PM CDT
The Mississippi Supreme Court ("Court"
has ruled that the Mississippi Department of Revenue ("MDOR" regulation for the exemption of pollution control equipment contradicts the plain language of the statutory exemption. In Mississippi Department of Revenue v. Mississippi Power Company, No. 2013-CA-01234-SCT (Miss. August 7, 2014), the Court upheld the finding of a lower court that the MDOR interpretation of Miss. Code section 27-65-101(1)(w) was incorrect. The case arose from an audit by the MDOR of Mississippi Power Company's 2007 through 2009 state tax returns. The MDOR assessed use tax on the purchase of burners that Mississippi Power had claimed as pollution control equipment. The audit assessment was appealed to the MDOR's internal Board of Review and then to the Board of Tax Appeals, both of which upheld the assessment on the equipment. Mississippi Power Company filed a Petition for Appeal and Review in the Chancery Court of Harrison County, who ruled in favor of Mississippi Power Company. The MDOR then appealed that ruling to the Court.
TransData Licenses Wireless Smart Electric Meter Patents to Telensa Limited
Business Wire - Mon Oct 20, 6:30AM CDT
TransData Inc., a leading developer and manufacturer of advanced power and energy metering products for electric utilities and industry, announced today that it has licensed its wireless "Smart Meter Patents" portfolio to Telensa Ltd., a leading street light wireless monitoring and control system supplier based in the U.K. The financial terms of the licensing agreement, which includes TransData's U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699 are confidential.
PNM: 28.16 (-0.50), GE: 25.15 (+0.26), ITRI: 35.75 (-0.12), CNP: 21.76 (-0.35), OGE: 33.34 (-0.41), SRE: 105.56 (-1.11), SSNI: 9.15 (+0.36)
Mississippi Supreme Court Strikes Down Pollution Control Regulation
PR Newswire - Fri Aug 22, 5:38PM CDT
The Mississippi Supreme Court ("Court"
has ruled that the Mississippi Department of Revenue ("MDOR" regulation for the exemption of pollution control equipment contradicts the plain language of the statutory exemption. In Mississippi Department of Revenue v. Mississippi Power Company, No. 2013-CA-01234-SCT (Miss. August 7, 2014), the Court upheld the finding of a lower court that the MDOR interpretation of Miss. Code section 27-65-101(1)(w) was incorrect. The case arose from an audit by the MDOR of Mississippi Power Company's 2007 through 2009 state tax returns. The MDOR assessed use tax on the purchase of burners that Mississippi Power had claimed as pollution control equipment. The audit assessment was appealed to the MDOR's internal Board of Review and then to the Board of Tax Appeals, both of which upheld the assessment on the equipment. Mississippi Power Company filed a Petition for Appeal and Review in the Chancery Court of Harrison County, who ruled in favor of Mississippi Power Company. The MDOR then appealed that ruling to the Court. 
