ASBESTOS LITIGATION: Dalmine Faces 41 Pending Claims at March 31

Tenaris, S.A.’s Italian subsidiary, Dalmine S.p.A., as of March 31, 2009, faced a total of 41 pending asbestos claims, of which none were covered by insurance.

As of Dec. 31, 2008, Dalmine faced 55 pending asbestos claims, of which none were…

ASBESTOS LITIGATION: ABB Has $31Mil Loss From Closed Operations

ABB Ltd. says that the asbestos-related loss from discontinued operations, net of tax for the year ended Dec. 31, 2008 was US$31 million, according to the Company’s annual report, on Form 20-F, filed with the Securities and Exchange Commission on…

ASBESTOS LITIGATION: ABB Ltd Units Face 7,500 Claims at Dec. 31

Other ABB Ltd entities (aside from Combustion Engineering, Inc. and former unit Lummus Global) face 7,500 asbestos-related claims at Dec. 31, 2008, compared with 9,500 claims at Dec. 31, 2007.

ABB entities that are subject to such claims will continue to…

ASBESTOS LITIGATION: Windstream Has $44.6Mil for ARO at Dec. 31

Windstream Corporation’s asset retirement obligations amounted to US$44.6 million for the year ended Dec. 31, 2008, compared with US$45.2 million for the year ended Dec. 31, 2007, according to the Company’s annual report filed with the Securities and Exchange Commission…

ASBESTOS LITIGATION: Corning Records $28M Net Credit at Dec. 31

Corning Incorporated recorded a net credit of US$28 million in the three months ended Dec. 31, 2008 (US$340 million in the year ended Dec. 31, 2008) to adjust the asbestos liability for the change in value of certain components of…

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