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Alloy Surfaces Co. has been awarded a three-year contract worth $38.3 million to produce MJU-49/B decoy devices for the Navy, the Defense Department said Friday.

The devices are fired by aircraft to lure away heat-seeking missiles and use Alloy’s patented technology to emit infrared energy in the same band that aircraft do no fax payday loan.

Alloy will make them at its plant in Aston, Pa.

The company is a subsidiary of the Chemring Group PLC, which is based in Whiteley, England.

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BNY Mellon, New York City, Tuesday reported second quarter net income of $658 million, or 54 cents per diluted share, nearly four times its second-quarter profit of $176 million, or 15 cents a year ago.

That was spot-on with the average estimate by 15 analysts surveyed by Thomson Reuters, whose range for BNY Mellon (NYSE:BK) was 50 cents to 58 cents.

For the six-month period ended June 30, BNY Mellon earned $1.2 billion, or $1 per share, compared to $498 million or 43 cents a year ago.

Second-quarter net income from continuing operations was $668 million, or 55 cents, compared to $267 million or 23 cents last year.

“Our focus on winning new business and providing exceptional client service resulted in solid growth in securities servicing fees and continued long-term asset inflows for our asset and wealth management businesses,” Chairman and CEO Robert Kelly said in a prepared statement. “Our conservative risk profile is reflected in our excellent credit quality and strong capital generation.”

BNY Mellon, Pittsburgh’s third-largest bank according to deposits, employed 7,143 here at the end of the second quarter.

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Qwest Communications International Inc. has set Aug. 24 as the date for its special meeting of shareholders to vote on its proposed takeover by CenturyLink Inc.

Separately, the Denver-based telecom (NYSE: Q) Tuesday announced a tender offer to purchase up to $1.265 billion of its outstanding 3.50-percent convertible senior notes due 2025.

The shareholder meeting will be held at the Denver Marriott City Center starting at 10 a.m. MDT. Shareholders as of Tuesday will be eligible to vote on whether to accept the acquisition offer by Monroe, La.-based CenturyLink (NASDAQ: CTL).

The meeting will be audio webcast live at http://investor.qwest.com/presentations and will be available for replay afterward, Qwest said.

CenturyLink — formerly known as CenturyTel — announced plans April 22 to buy Qwest in a deal involving a $10.6 billion stock swap and about $12 million in debt acquisition.

The deal is expected to close in the first half of 2011, subject to shareholder and regulatory approval.

If completed, the merger will create a telecom serving 37 states with about 5 million broadband customers and 17 million phone lines paydayloans. Qwest alone operates in Colorado and 13 other states; CenturyLink has a 33-state territory.

Qwest's headquarters is expected to move out of Denver, but CenturyLink "will maintain a key operational presence in Denver, including a regional headquarters," the company said in April.

In Tuesday's tender-offer announcement, Qwest said it will pay a premium for each $1,000 of its 3.50-percent notes tendered based on the volume weighted average price of its stock over a 20-trading-day period starting July 14 times 206.3354, plus $30.

Qwest said it will set the precise purchase price after the close of stock-market trading on Aug. 10.

The tender offer is set to expire at 3 p.m. MDT on Aug. 12.

Copies of tender-offer documents are available from Global Bondholder Services Corp. at 866-540-1500.

Goldman, Sachs & Co. (800-828-3182) is acting as the dealer manager for the tender offer.

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ZHONGSHAN, China — Striking workers at a Honda auto parts factory in southeastern China have won higher wages — but not necessarily for themselves.

Factory managers began hiring a steady stream of replacement workers on Sunday, and a significant number of strikers went back to work after increases in wages and benefits, even as many others remained on strike.

The 20 or so members of the factory’s council of workers, chosen by the workers to represent them when the strike began on Wednesday, went into hiding over the weekend, fearing retaliation by the authorities.

It is too early to tell whether the apparent resolution of this strike — somewhat higher wages but lost jobs for many of the strikers — will set a pattern elsewhere as labor unrest spreads. Workers in the industrial southeast of China and elsewhere have been turning a labor shortage to their advantage by demanding better pay and working conditions.

But in Zhongshan, Honda has used the area job market to its advantage.

The Honda Lock parts factory in Zhongshan can run on lower-skilled, less-educated workers than the Honda transmission factory in Foshan, a two-hour drive to the northwest payday loans for bad credit. The Foshan strike brought the company’s auto-assembly operations in China to a temporary standstill — and the regular work force there was lured back to its jobs with reportedly much larger wage increases than Honda is offering in Zhongshan.

Replacement workers and returning employees in Zhongshan are receiving 11 percent higher pay and a 33 percent rise in allowances for food and housing, as of Sunday. The combined increase in wages and benefits was considerably less than the near doubling of wages alone that the strikers had sought. Even so, the improved compensation — wages of $152 a month and an allowance of $59 a month — was enough to make the jobs attractive to replacement workers.

The remaining strikers held a small rally outside the factory on Sunday morning but then went home and made no effort to picket as operations resumed.

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US Airways Group Inc. has begun service from its Charlotte hub to Ottawa, Ontario.

US Airways Express partner Air Wisconsin will operate the daily service on 50-seat CRJ-200 regional jets.

“The new service to Ottawa, Canada’s capital, from Charlotte complements a growing choice of destinations from our largest hub,” says Jason Reisinger, US Airways director of route planning. “We’re now able to offer flights to and from Ottawa from both Philadelphia and Charlotte, providing flexible travel options for customers in those cities and abroad no fax payday advances.”

Ottawa joins five other destinations that have been added from Charlotte in the past 18 months, including service to Rome and Rio de Janeiro, Brazil.

US Airways (NYSE:LCC), based in Tempe, Ariz., offers more than 3,000 flights per day to 190 destinations.

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Georgia’s average gas prices are down seven cents a gallon from last week as the price of crude oil continued its fall, according to AAA Auto Club South.

The average price per gallon in Georgia is $2.71, compared with $2.78 the week prior, $2.73 a month ago and $2.27 a year ago.

The national average price of unleaded regular gasoline is $2.80 per gallon.

The price of crude oil was down for the third week amid concerns the financial crisis in Europe will worsen and put a halt on global economic recovery. Crude oil closed Friday at $70.04 a barrel on the New York Mercantile Exchange.

The European crisis has pushed the value of the euro down 12 percent against the dollar and is one of the major factors that has caused the price of crude to decrease, AAA said payday lenders. At the same time, U.S. stockpiles of crude grew for the 15th week.

“The possibility that Europe’s financial problems will slow global demand at a time when U.S. demand is already slow to rise has investors worried,” said Jessica Brady, AAA spokeswoman, in a statement. “The lack of demand can be seen in the constant increase in U.S. stockpiles of crude that are now well above 362 million barrels. Lower retail gasoline prices are always welcomed by consumers, and they can expect to see just that as retail prices drop again this week.”

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Eden’s Fresh Co. opened a new restaurant in downtown Orlando, its second in Central Florida, on April 2.

The Winter Park-based restaurant, which specializes in salads, wraps and other fresh foods, debuted a 2,700-square-foot eatery with an outdoor patio in the Seaside Plaza building on South Orange Avenue. The space was previously occupied by Sobik’s Subs.

Owner Brian Certo said the downtown location also serves breakfast, something he plans to expand to his Winter Park location in the near future.

The restaurant signed a five-year lease at the end of January for the space, said Yvonne Baker, senior leasing representative with landlord Highwoods Properties Inc. (NYSE: HIW).

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Bombardier Inc. reported Thursday that its net income for the fiscal year ending Jan. 31 was $707 million, down from $1 billion the previous year.

Revenues fell from $19.7 billion to $19.4 billion and earnings per share were down from 56 cents to 39 cent during that same time.

The company’s aerospace division, which includes Bombardier Learjet in Wichita, had revenues decline to $9.4 billion, down from the $10 billion it reported at the end of its last fiscal year.

The group reported 11 net orders in fiscal year 2010, compared to 367 in the previous fiscal year.

Despite the decline in income and revenue, Bombardier’s president and CEO, Pierre Beaudoin, felt the company performed well.

“Against a challenging economic backdrop, we delivered good financial results,” he said in a press release. “We took the downturn as an opportunity to fine-tune the way we operate in order to execute better and cut costs intelligently.”

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Peabody Energy said it plans to buy a $15 million equity interest in Calera Corp., which has proprietary technology that converts carbon dioxide into green building materials.

Los Gatos, Calif.-based Calera, led by Chief Executive Brent Constantz, recently completed a demonstration project near Moss Landing, Calif., which used the emissions stream from a natural gas-fueled power plant. The Calera technology mixes CO2 with water from a variety of sources, causing the minerals to bond and release as synthetic limestone.

Every ton of Calera building material is expected to store as much as a half-ton of carbon dioxide, Peabody said Monday.

The technology captures CO2 emissions from coal- or gas-fueled power facilities, cement plants and refineries, and converts it into solid carbonates that can be used as building materials in the form of aggregates or other cement-type materials payday loan lenders. Because Calera’s process removes minerals and other constituents from water, it also acts as a freshening system to produce fresh water, which can benefit areas of the world that need clean water, according to Peabody.

St. Louis-based Peabody (NYSE: BTU), led by Chairman and CEO Gregory Boyce, is the world’s largest private-sector coal company with $6 billion in revenue. Its coal products fuel 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity.

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Texas Rep. Diana Maldonado (D-Round Rock) Thursday called for homeowners' insurance reform following huge rate hikes by the state's largest insurer.

Late last year, State Farm Insurance increased homeowners' insurance rates 8.8 percent, and in May, the number will rise another 4.5 percent. In November, State Farm was ordered to repay home policyholders $310 million for overcharging coverage dating back to 2003.

Texas homeowners pay the second highest insurance premiums in the nation, according to the release.

"Forcing rate increase after rate increase on Texas homeowners is unacceptable and it is past time for the legislature to reverse course," Rep guaranteed unsecured personal loan. Maldonado said.

Before 2003, the Texas Department of Insurance set insurance rates and companies had to ask for approval to increase premiums. But after that year, the Legislature replaced the "prior approval" mandate with a "file and use" system, which only requires companies to inform the department of changes instead of asking.

Several bills reversing the 2003 decision have been proposed, but never passed.

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