AndhraNews.net
Home » Business News » 2011 » December » December 16

Business News on December 16, 2011


IMF chief warns that world risks sliding into a 1930s-style slump
The world risks sliding into a 1930s-style slump unless countries settle their differences and work together to tackle Europe's deepening debt crisis, the head of the International Monetary Fund has warned. ANI

Google awarded US patent for driverless car technology
The U.S. patent for self-driving cars has been awarded to Internet search giant Google. ANI

RBI keeps rates unchanged in its mid-quarterly monetary policy review
The Reserve Bank of India (RBI) in its mid-quarterly monetary policy review has kept the repo rate and reverse repo rate constant keeping in view the current financial condition of the country. ANI

H.I.S. Reports Results for the Full Year Ended October 2011; Net Income Up 145.2%
H.I.S. Co., Ltd. (TSE1: 9603), a leading travel and airline ticket agency, has announced results for the full year ended October 31, 2011. As the Group actively sought to increase share in the industry, consolidated net sales for the period rose 9.4% to 380,805 million yen, operating income rose 49.8% to 9,407 million yen, ordinary income rose 119 ACN Newswire

Toyota Holds Ceremony to Mark IMV Production Capacity Increase in Argentina
Toyota Motor Corporation (TMC) announces that Toyota Argentina S.A. (TASA), TMC's vehicle production subsidiary in Argentina, held a commemorative ceremony at TASA's Zarate plant in Buenos Aires yesterday (December 15, local time) to mark an increase in vehicle production capacity at the plant ACN Newswire

Fujitsu Releases QRMining Risk Analysis and Forecasting Software
Fujitsu Limited and Fujitsu Chubu Systems Limited today announced the release of QRMining, a software package, primarily for manufacturers of consumer products such as automobiles and electronics, which analyzes and predicts in advance major product issues ACN Newswire

QSolar Limited (CNSX:QSL) Announces it has Achieved Grid Parity on a Commercial Scale, Utilizing Solar Power - Video Summary Posted on www.InvestmentPitch.com
Vancouver, British Columbia, December 15, 2011 - QSolar  Limited (CNSX:QSL) announced it has achieved grid parity on a commercial scale, utilizing solar power. This has been the holy-grail of the solar industry, and this is the first time a commercial solar installation has produced electricity at a comparable cost to electricity produced by fossil fuels.InvestmentPitch ACN Newswire

Guerrero Announces Final Closing of Financing
Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE: GEX) announces that it has completed the last closing of its previously announced private placement financing. The Corporation issued 1,669,166 units ($250,375) for a total raise of 6,456,997 ($968,550) units at $0.15 per unit, with each unit consisting of one common share and one common share purchase warrant MarketWire

Tix Corporation Announces Adoption of Employee Stock Ownership Plan and Amendment to Stockholder Rights Agreement
Tix Corporation (the "Company" or "Tix") (OTCQX: TIXC) (PINKSHEETS: TIXC), a leading entertainment company providing discount ticketing services and branded event merchandising, announced that on December 16, 2011, the Company adopted the Tix Corporation Employee Stock Ownership Plan (the "ESOP"), effective as of January 1, 2011, for the benefit of the Company's eligible employees. MarketWire

Avista Receives Approval in Washington Electric and Natural Gas Rate Requests
Avista (NYSE: AVA) received approval today from the Washington Utilities and Transportation Commission (UTC) on the multi-party settlement agreement, concluding the company's electric and natural gas rate requests in Washington. New customer rates will be effective Jan. 1, 2012. Avista made the requests to the UTC on May 16, 2011, followed by a multi-party settlement agreement on Sept. 30, 2011. MarketWire

Santa Takes Off From Jewelry Exchange Roof
Early this morning there arose such a clatter, as Santa and his reindeer attempted to take-off from the Jewelry Exchange rooftop in Tustin, CA during the notorious Santa Ana Winds. The winds are reportedly gusting at up to 70 MPH and will continue through the afternoon of the 17th MarketWire

Washington Federal Names John Pirtle Manager of Phoenix Commercial Real Estate Division
Washington Federal (NASDAQ: WFSL) has named John Pirtle, Senior Vice President and the Phoenix Division Manager as manager of the Phoenix Commercial Real Estate Division, announced Roy Whitehead, Washington Federal's Chairman, President and Chief Executive Officer. MarketWire

Washington Federal Acquires Loans and Deposits of Western National Bank
Washington Federal, Inc. (NASDAQ: WFSL), parent company of Washington Federal, today announced its acquisition of certain assets and liabilities, including most of the loans and deposits, of Western National Bank (WNB), headquartered in Phoenix, Arizona. As of June 30, 2011, WNB reported total assets of $174 million and total deposits of $146 million MarketWire

Update: Evaluating Admissions Processes at For-Profit Schools
This document updates and replaces a press release issued by Leads360 November 2, 2011 at 10:07 a.m. ET. Leads360 amended their private-sector higher education "secret shopper" study after improving methodology for data collection and switching to a rank comparison rather than a subjective grade comparison. MarketWire

Prostate Cancer Surgical Outcomes Optimized by Combining Open, Laparoscopic, and Robotic Surgery Methods
A robotic surgical system mishap in Mumbai, India this week caught the attention of prostate cancer specialists and patients worldwide. Due to a rare "hitch" in the robot's functioning, surgery was halted just prior to incision, requiring the team to awaken the patient from anesthesia with his cancerous prostate still intact MarketWire

ISS Recommends Global Income Fund Shareholders Vote 'FOR' Change to a Self Storage REIT
Global Income Fund, Inc MarketWire

Mirth Selected to Power Crescent City Beacon Community
Mirth Corporation, a global leader in commercial open source healthcare information technology, announced that the Crescent City Beacon Community (CBCC), one of 17 federally funded Beacon Communities nationwide, will utilize their full suite of interoperability and care management solutions to achieve its innovative vision for connected care across the greater New Orleans area. MarketWire

Doral Financial Corporation Receives Continued Listing Standard Notice From the NYSE
Doral Financial Corporation (NYSE: DRL) ("Doral Financial"), the holding company of Doral Bank, with operations in Puerto Rico and the U.S., announced today that on December 14, 2011, it received notice from the New York Stock Exchange, Inc MarketWire

Native American Fair Commerce Coalition Salutes the Otoe-Missouria Tribe on Recent Dramatic Economic Expansion
MarketWire

Hoku Corporation Announces Resignation of Chief Financial Officer
Hoku Corporation (NASDAQ: HOKU), a solar energy products and services company, today announced that Darryl Nakamoto has resigned as Hoku's chief financial officer, treasurer, and secretary, effective March 31, 2012. MarketWire

Jones Soda Submits Application to Securities Commissions in Canada
Jones Soda Co MarketWire

Miller & Smith Announces the Magic Collection at Victory Lakes
Miller & Smith, an award-winning homebuilder and real estate development company, announces today the Magic Collection at Victory Lakes located in Bristow, Virginia is now open for pre-sales. MarketWire

Southwest Iowa, Kansas Sales Show Broadening Strength, Values for Farmland
Back-to-back farmland auctions in Iowa and Kansas brought a total of $8,295,000 this week, demonstrating that the rise in land values extends to a variety of areas and land types. MarketWire

Historic Hearse That Transported President John F. Kennedy to Sell at 41st Annual Barrett-Jackson Auction
Barrett-Jackson Auction Company, host of "The World's Greatest Collector Car Auctions™," will sell another piece of John F. Kennedy history at its 41st Annual Barrett-Jackson Scottsdale Auction, Jan. 15-22, at WestWorld of Scottsdale. MarketWire

New Flight Insurance Comparison Site Helps Customers Find Value
zFlightInsurance.com, one of the nation's leading flight insurance agencies, recently launched a new insurance comparison website dedicated to helping travelers find the best deals on flight insurance. The easy-to-use site only requires site-users to answer a few questions before receiving quotes from a number of carriers. MarketWire

Bombardier Doubles Number of Regional Support Office Locations for Business Aircraft Customers
Bombardier announced today that it has opened new business aircraft Regional Support Offices (RSOs) in Singapore and Sao Paulo, Brazil. It has also expanded capabilities at its Sydney, Australia, commercial aircraft RSO to include business aircraft. Bombardier currently has more field service and support staff than any other Original Equipment Manufacturer (OEM) worldwide. MarketWire

VoicePort Announces Cloud-Based IVR Hosting Services for Newspapers
VoicePort, LLC, a provider of advanced speech recognition systems and customer-service applications for the newspaper and pharmaceutical industries, today announced the launch of its new cloud-based interactive voice recognition service that enables newspapers to provide automated customer-service support services to subscribers with an all-inclusive cost-effective hosting solution. MarketWire

Smart Card Alliance Wraps Up 2011 With Release of the First 'E-Yearbook'
From the acceleration of EMV and mobile payments to the advancement of open transit payments and cyber security initiatives like the National Strategy for Trusted Identities in Cyberspace (NSTIC), 2011 has been a landmark year for the North American smart card industry. To commemorate the year, the Smart Card Alliance has issued today its first-ever "E-Yearbook." MarketWire

Caribbean Casino & Gaming Corp. Issues Track Update
Caribbean Casino Gaming Corp. (PINKSHEETS: CGAQ) ("the Company") regrets to inform its shareholders that no decision has yet been made on the Dominican Republic Racetrack contract. MarketWire

Cincom's Ebe-Geezer Scrooge Learns How to Transform the Complex Sales Process in New Holiday Video
Have you ever wondered what would have happened had Ebenezer Scrooge been obsessed with closing sales while being too stubborn to adapt the way his company did things to keep up with the times? MarketWire

Web Video to Soar in 2012 -- Latergy and CommPRO.biz Launch "Social Video" Channel to Help Communications Professionals With Online Visual Storytelling
Two hundred billion videos were viewed globally in October according to a report this week from comScore -- and there's no sign of a slow down any time soon. To help marketing and communications professionals earn their fair share of this growth, Latergy and CommPRO MarketWire

Can You Stand Still? Pageant of the Masters Casting Call 2012
Do you enjoy art, theater and music? Have you ever thought about posing on a stage? Do you enjoy being in the spotlight? And can you stand still for 90 seconds? Perfect -- you could be a volunteer cast-member in the 2012 Pageant of the Masters in Laguna Beach. The Pageant of the Masters is looking for men, women and children to volunteer for next summer's show, The Genius MarketWire

Sotheby's International Realty Achieves Highest Condominium Property Sale in San Francisco History
Sotheby's International Realty, Inc., today announced the sale of Museum Tower Penthouse, a 20,000 square-foot condominium sited on the top two floors of the five-star St. Regis Hotel and Residences in San Francisco. Sold for $28 million, the property achieved the highest sale price for a condominium in San Francisco history, according to the San Francisco Multiple Listing Service MarketWire

Zacuto Releases Final Episode of Critics Web Series
The final episode of Zacuto Films' "Critics" web series was released on Dec. 7th. After three seasons, 19 episodes and 64 critiqued videos the series conclusion, "Last Laugh," went live to audiences last week. MarketWire

Vietnam Veterans Memorial Fund (VVMF) 15th Annual Christmas Tree Ceremony at The Wall to Be Webcast Live December 19 on VVMF TV
TV Worldwide, since 1999, a pioneering web-based global TV network, announced that VVMF-TV, (www.VVMF.TV ), the Internet TV Channel recently launched in cooperation with the Vietnam Veterans Memorial Fund (VVMF), would webcast the 15th Annual Christmas Tree Ceremony at the Wall honoring veterans and active-duty military personnel at 10 AM ET on Monday, December 19, 2011 MarketWire

Caltech and Integrated Diagnostics Researchers Receive Grand Challenges Point-of-Care Diagnostics Grant
MarketWire

Former Salesforce.com Executive Roger Hodskins Joins Scribe
Scribe, the leader in CRM data integration solutions, announced that former Salesforce.com executive Roger Hodskins is driving Scribe's push to expand its leadership in partner-developed solutions for the cloud and on-premise (hybrid) integration market. MarketWire

Battelle-R&D Magazine Annual Global Funding Forecast Predicts R&D Spending Growth Will Continue While Globalization Accelerates
The Battelle-R&D Magazine annual Global R&D Funding Forecast released today shows global research and development (R&D) spending is expected to grow by about 5.2 percent in 2012 to more than $1.4 trillion. MarketWire

Invesco PowerShares Provides Estimated Long-Term Capital Gains Information for 2011
Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver zero long-term capital gains distributions across 114 of 116 equity and fixed-income ETFs for 2011. MarketWire

Provident New York Bancorp Announces Plans to List on the New York Stock Exchange
Provident New York Bancorp (NASDAQ: PBNY), parent company of Provident Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange ("NYSE"). The company expects to begin trading on the NYSE on December 28, 2011, under its current ticker symbol "PBNY" MarketWire

TicketNetwork Advisory - New Tour Generates High Demand for Coldplay Tickets
Alt-rock band Coldplay is going on tour in the United States next year for the first time since 2009. The group will kick things off on April 24 in Portland, OR. After a two-day run at the Hollywood Bowl in Los Angeles, CA, the band will take a brief trip to the United Kingdom in June before returning stateside later that month. The final date of the tour will be on August 11 in Saint Paul, MN. MarketWire

MMRGlobal Invites You to "Eat On Us" for the Holidays
MMRGlobal, Inc. (OTCBB: MMRF), a leading provider of online Personal Health Records (www.mmrvideos.com) and electronic document management and imaging systems for healthcare professionals, today announced the launch of its "Eat On Us" campaign giving consumers $50 in Restaurant MarketWire

New Dental Plans Give Coverage More Bite, Crown Employee Benefits, Business Benefits Insurance's Edholm Writes in Mass. Lawyers Weekly
Small and medium-sized employers should take a fresh look at their old dental insurance plan. MarketWire

Tech Council of Maryland CEO Renee Winsky Steps Down
The Tech Council of Maryland, Maryland's largest technology and biotechnology association with nearly 500 members employing more than 250,000 in the region, announced today the resignation of CEO Renée Winsky MarketWire

Last Minute Shopping Deadlines Reminder From G & L Clothing
Are you still looking for that perfect holiday gift for your family? If that is the case please make sure you are aware of the delivery deadlines for your online stores. Apple will be able to get your iPods and iPads to you by Christmas if you order by December 19th, but if you want a new iPhone 4S you're already too late MarketWire

Frankfurt Stock Exchange Has Approved Nokia's Request to Delist
Nokia Corporation Stock exchange release December 16, 2011 at 17.50 (CET+1) The Management Board of the Frankfurt Stock Exchange hasapproved Nokia's request to delist Nokia shares from the Frankfurt StockExchange. Nokia informed on November 24, 2011 of its decision to apply forthedelisting MarketWire

Celebrate the Season by Recreating Nostalgic Holiday Moments
Food, family, festivities and fun characterize the holiday season every new year, and with every passing decade the trends in holiday decorating, entertaining and food evolve to reflect a new generation. MarketWire

REISSUE: Extreme Pita & Purblendz Taking Off at Lester B Pearson Toronto Airport Terminal 1
This document corrects and replaces the press release that was sent on December 16th, 2011 at 9:27 AM ET. The 2nd paragraph has been amended with the correct spelling of "HMS Host". MarketWire

The Accounts Payable Network Presents a Free White Paper
The Accounts Payable Network announces the release of The Future of AP: Technologies for Improved Efficiency and Financial Visibility white paper. This report covers current benefits and outlines a process of accounts payable automation to help executives stay on top of today's trends and developments. MarketWire

TelWorx Honored Among "Fast 40" for Sustained Growth
TelWorx Communications, LLC has received the North Carolina Mid-Market Fast 40 award from Business North Carolina magazine. MarketWire

National Cooperative Development Act Will Create Jobs and Strengthen Communities in Need, Says NCBA CEO
Small, independent businesses anchor local communities, generate jobs, support economic development and keep wealth local. As community supported, member-owned businesses, cooperatives offer communities a sustainable solution to the economic crisis. Today, the US Congress took a step toward economically empowering Americans and strengthening communities with the introduction of H.R MarketWire

Ace Hardware Helped Lighten the Load for Military Families at Fort Hood Army Base With Donation of Energy-Efficient Light Bulbs
On December 15, Ace Hardware, the largest retailer-owned hardware cooperative in the industry, traveled to Fort Hood, Texas, and provided military families on the Fort Hood Army Base, the largest active-duty military installation in the United States, with over 72,000 energy-efficient light bulbs MarketWire

Bayer CropScience and Performance Plants Sign License Agreement on Cotton Yield Improvement
Bayer CropScience AG and Performance Plants Inc. (PPI) (Kingston, Canada) have entered into a research and commercial license agreement, giving Bayer exclusive rights for PPI's Heat & Drought Tolerance Technology (HDT™) in cotton. Bayer will leverage this breakthrough technology, which preserves yield by enhancing plants' tolerance to heat, drought or combined stress MarketWire

ISTA's Board of Directors Confirms Rejection of Unsolicited, Non-Binding Proposal From Valeant; Board Will Review Strategic Options to Maximize Shareholder Value
ISTA Pharmaceuticals, Inc. (NASDAQ: ISTA) MarketWire

Dr. Leanne Buehler of Corvirtus to Discuss Hiring the Best People for Your Brand on SHRM Webcast
Leanne Buehler, PhD, director of experience solutions for Corvirtus, will be the featured speaker in a live webcast presented by the Society for Human Resource Management (SHRM). The webcast, "Hire with Precision: The Science of Identifying the Right Match," will take place on Tuesday, December 20, at 2:00 -3:00 p.m. ET. MarketWire

Fleet Support Group Ltd Acquired by North American Fleet Management Leader, ARI
ARI® announced its purchase of UK-based Fleet Support Group (FSG). FSG, headquartered in Chippenham, England, is Britain's largest independent fleet management company and will join the ARI family of companies. This move significantly expands ARI's fleet management offerings in the UK and establishes the foundation for further global expansion MarketWire

Realtors(R) Identify Exterior Replacement Projects as Best Investment for Homeowners
When it comes to remodeling, exterior replacement projects have routinely rewarded homeowners with more bang for their buck. This year is no different, as Realtors® recently rated many exterior improvements as among the most valuable home investment projects as part of the "2011-12 Remodeling Cost vs. Value Report." MarketWire

Southland End-of-Year Holiday Travel to Rise Slightly From 2010
The number of Southern Californians traveling over the Christmas/New Year holiday period is expected to stay on par with last year, according to the Automobile Club of Southern California. The Auto Club projects that 7.13 million local residents will take end-of-year holiday trips -- a slight increase of 1.4 percent over last year's 7 million travelers. MarketWire

Over One Third of Clinical Trials Outsourced by Pharmaceutical Companies: Kalorama
Pharmaceutical companies are outsourcing drug research more frequently, and when they do they are handing off larger portions of the operation than ever before, reports Kalorama Information MarketWire

Bio Architecture Lab Breaks Ground on Seaweed-to-Advanced Biofuels Experimental Pilot Facility in Chile
Bio Architecture Lab, US (BAL) and its Chilean subsidiaries BALChile and BALBiofuels Chile, today officially broke ground on an experimental pilot facility to further develop its technology that creates low cost and renewable advanced biofuels from sustainably grown native seaweed, Macrocystis pyrifera MarketWire

Passion Growers' Rose Farm Named as a Great Place to Work in Colombia
Passion Growers, a premium rose grower and provider, proudly announces that its rose farm, C.I. Flores Ipanema S.A. (Ipanema Farms), has been named as a Great Place to Work by the Great Places to Work® Institute Colombia. Ipanema Farms was ranked in the top twenty-five Great Places to Work, coming in at number twenty. MarketWire

ARI Acquires UK-Based Fleet Support Group Ltd
ARI® announced its purchase of UK-based Fleet Support Group (FSG). FSG, headquartered in Chippenham, England, is Britain's largest independent fleet management company and will join the ARI family of companies. This move significantly expands ARI's fleet management offerings in the UK and establishes the foundation for further global expansion. MarketWire

Private Placement & Equity Credit Facility
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PARTDIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SOWOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OFSUCH JURISDICTION TSX-V, LSE-AIM: XEL Xcite Energy Limited ("Xcite Energy" or the "Company") GBP25 MarketWire

Metiscan's Subsidiary Aclor Announces Partnership to Produce 14 Million Notebooks to 125 Universities Nationwide
Metiscan, Inc. (PINKSHEETS: MTIZ) announces today that 2012 marks the first of a five-year partnership between Aclor and Diretec, whereby Aclor through Aclor Servicios Operativos will produce 14 million ABS notebooks for a network of 125 universities nationwide including Harvard, MIT, Cornell, U Penn, Texas A&M and Southern California MarketWire

Extreme Pita & Purblendz Taking Off at Lester B Pearson Toronto Airport Terminal 1
Extreme Pita & Purblendz under The Extreme Brandz Group of companies opened its first Airport Restaurant with HMS Host at Lester B Pearson Toronto Airport in Terminal 1 December 14th. MarketWire

MELA Sciences Announces Pricing of Underwritten Public Offering of Common Stock
MELA Sciences, Inc. (NASDAQ: MELA) today announced the pricing of an underwritten public offering of 5,000,000 shares of its common stock at a price of $3.25 per share. After the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds from the offering of approximately $14,960,000 MarketWire

E-Debit Global Corporation 2011 Year End Review
E-Debit Global Corporation (OTCBB: WSHE) announces it has finalized its E-Debit International Inc. national marketing program. MarketWire

Alert: Agria Reports Dramatic Improvement in Financial Results
Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a China-based company with investments in the agriculture sector, today reported a dramatic improvement in its financial results for the six month transition period ended June 30, 2011. MarketWire

Kred Wishes Influence Marketplace Launches
PeopleBrowsr, the creators of Kred Influence Measurement and a global leader in social analytics, today announced Kred Wishes, an Influence Marketplace for connecting people's wishes with others on Twitter who can grant them. Kred Wishes is the first community exchange for Influence and Giving within communities connected by shared interests. MarketWire

McGladrey Capital Markets Awarded Deal of the Year in "Retail Manufacturing/Distribution (under $50 million)" Category at the 2011 M&A Advisor Awards
Global investment bank McGladrey Capital Markets announced today that it received an award at the 10th Annual M&A Advisor Awards this week in New York. The M&A Advisor recognized McGladrey Capital markets for deal of the year in "Retail Manufacturing/Distribution (under $50 million)" for their work on the recapitalization of Kiosk Information Systems by Alerion Capital Group. MarketWire

Apple Rush Co., Inc. Brings Organic Zeolite Fertilizer to the US
Apple Rush Co., Inc. (PINKSHEETS: APRU) and Rancho Chinobampo S.A. de C.V. of Sinaloa, Mexico (Chinobampo) reached an agreement whereby Apple Rush will have controlling interest in a new US Corporation with an exclusive license to distribute Chinobampo's unique patented Organic Fertilizer formulated with Zeolite, marketed under the name Chinobampo Nerea. MarketWire

iSWiFTER Partners With Discovery Education, FunBrain and Mathletics to Launch First Ever Cloud-Based Flash Browser on iPad, Designed for Students and Educators
iSWiFTER Learn, Inc., a subsidiary of iSWiFTER Inc., the company that developed the world's first cloud-based streaming platform for mobile devices, today unveiled Rover, the first free iPad browser that gives educators and students unprecedented access to Flash-based educational content on the iPad. MarketWire

Ampio Responds to What May Be a Coordinated Short Selling Attack Against the Firm's Stock
It appears the management team at Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) is taking apparently defamatory attacks by anonymous bloggers seriously. MarketWire

Evolving Systems Announces Extension of Share Repurchase Program
Evolving Systems, Inc. (NASDAQ: EVOL), a leading provider of software solutions and services to the wireless, wireline and cable markets, today announced that its Board of Directors has authorized the share repurchase program, which was put into effect on May 20, 2011, and was set to expire on December 31, 2011, will be extended through December 31, 2012 MarketWire

KMA Global Solutions Delivers New Application Equipment
KMA Global Solutions International, Inc. (PINKSHEETS: KMAG) introduces its latest version of application equipment two months ahead of schedule. MarketWire

Moog Acquires Bradford Engineering B.V.
Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) announced today that it has acquired Bradford Engineering B.V. The purchase price is approximately EUR 10 million in cash. Bradford, founded in 1983, is a European developer and manufacturer of satellite equipment including satellite attitude and orbit control subsystems, propulsion and thermal subsystems and components. MarketWire

Carew International Announces 2012 Sales Training Schedule
Carew International, a leading provider of sales training and named among Selling Power magazine's best sales training providers, has announced its 2012 schedule for open enrollment training seminars: MarketWire

Fisher Communications Completes Sale of Fisher Plaza to Hines Global REIT
Fisher Communications, Inc. (NASDAQ: FSCI), a leader in local media innovation, today announced that it has completed the sale of Fisher Plaza to Hines Global REIT, Inc. for $160 million in cash. MarketWire

Surrey Bancorp Announces Special Cash Dividend of $0.15 per Share
The Board of Directors of Surrey Bancorp ("the Company") (OTCBB: SRYB) (PINKSHEETS: SRYB) has declared a special cash dividend of 15 cents ($0.15) per share on the Company's common stock. The cash dividend is payable on January 6, 2012, to shareholders of record as of December 27, 2011. This cash dividend follows a common stock dividend of 10 percent declared by the Company in November 2011 MarketWire

Don't Leave Your Business Data as a Seasonal Gift for Criminals
Over the festive break, unattended offices and bad weather can make it challenging for companies to access and protect their information. Many organisations are increasingly allowing staff to work from home in the run up to the holidays, particularly if the weather makes travelling difficult MarketWire

Oracle Delivers Record Performance Result for a Two Processor Intel-Based System With TPC-C Benchmark
Oracle (NASDAQ: ORCL) MarketWire

Cobra Electronics to Ring NASDAQ Stock Market Opening Bell on Monday, December 19, 2011
Cobra Electronics Corporation (NASDAQ: COBR), a leading designer and marketer of award-winning automotive, mobile and consumer electronics, today announced that Chairman and Chief Executive Officer Jim Bazet will preside over the NASDAQ Opening Bell ceremony on Monday, December 19th. Mr. Bazet will be joined by Chief Financial Officer Robert J MarketWire

Radius Closes $21.4 Million Third and Final Equity Tranche of Previously Announced Financing
Radius Health, Inc. ("Radius") announced today the closing of the third and final equity tranche of the company's $91 million financing round announced in May 2011. The third tranche included $21.4 million in equity financing from Radius' current investors, bringing gross proceeds received to date from the $91 million financing to $78.7 million MarketWire

Mudlick Mail Launching Service in Canada in 2012
Mudlick Mail, a provider of direct mail services for auto repair shops, will begin offering its programs in Canada starting in January 2012. The company will provide its strategically targeted campaigns to Canadian shop owners through a partnership with Innivity Marketing Group Inc. of Sarnia, Ontario MarketWire

FRO - Restructuring Update
Frontline Ltd. ("Frontline") is pleasedto announce that following elements ofthe restructuring plan of Frontline, referred to in the press releasedatedDecember 6, 2011, have been concluded: MarketWire

AEP Unit to Spend $940 Million to Scrub Big Sandy Power Station, an Industrial Info News Alert
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Kentucky Power Company (Frankfort, Kentucky) will spend about $940 million to install dry flue-gas desulfurization (FGD) equipment at Unit 2 of its Big Sandy Power Station in eastern Kentucky MarketWire

PledgeMusic Announces Significant New Tools for Artists Including iPhone App, Social Media Dashboard, Full Service Email System and Gift Pledging
PledgeMusic (www.pledgemusic.com), a leading international direct-to-fan platform for raising funds for musicians to record and tour, today announced that it has released a suite of new tools and upgrades for artists using the PledgeMusic site. "We are really excited to unveil these new features," said Benji Rogers, founder of PledgeMusic MarketWire

New Look at Concrete Stamps Process Outlined on ConcreteNetwork.com
www.ConcreteNetwork.com details the ten-step concrete stamping process that consumers across the country are using to transform plain concrete surfaces into patterned masterpieces. From steps one through ten, potential DIY'ers may find stamping concrete entails more work than they bargained for. MarketWire

Tips for Using Social Media to Make Extra Money for the Holidays
IZEA, Inc. (OTCBB: IZEA), the global leader in social media sponsorship, offers these tips to consumers for using social media to make a little extra money for the holidays -- or to pay for those holiday bills in the New Year! MarketWire

Resource Capital Research -- December Quarter 2011: Global Uranium Companies
Key Points Uranium Market: The uranium spot price is US$52.50/lb (Dec 9). The spot market has been trading in the range of US$51-53/lb, except for a short breakout in November. The dynamics driving the near term outlook remain dominated by the flow-on effects of Fukushima, including Germany's decision to close reactors MarketWire

South China Morning Post (SCMP) Plans Launch of RedeeME, a New Upscale Group Buying Website
South China Morning Post revealed its plans to launch a new luxury discount offer website, targeting the discerning and upscale tastes of its typical readership profile. MarketWire

Genetic Technologies Appoints Dr. Mel Bridges as Chairman
The Board of Directors of Genetic Technologies Limited (ASX: GTG) (NASDAQ: GENE) has with great pleasure appointed Dr. Mel Bridges as Chairman and non-executive Director of the Company. MarketWire

AKC Canine Health Foundation Benefits From 2012 Westminster Kennel Club Show Poster Sales
The AKC Canine Health Foundation (CHF) has been named the recipient of the proceeds from sales of the official poster for the Westminster Kennel Club (WKC) 136th Annual Dog Show. MarketWire

Glamabox.com Celebrates the Holidays With Christmas Party at CENTRAL/CENTRAL, Hong Kong
Glamabox.com, Asia's largest and most successful online subscription beauty websites founded by celebrity model Lisa S, teams up with GRI Group. The event will be held at CENTRAL/CENTRAL, Hong Kong and guests will include Glambox subscribers and GRI VIP customers MarketWire

There Are No Festivities in Jail
As you celebrate the holiday season enjoying traditions, food, family and fun, be reminded that law enforcement will be out in force this holiday season from December 16, 2011 to January 2, 2012, to arrest anyone caught driving drunk. MarketWire

Pharming announces agreement with Renova Life targeting factor VIII for the treatment of haemophilia A
Biotech company Pharming Group NV("Pharming" or "the Company") (NYSE Euronext: PHARM) today announced that ithassigned a service agreement with Renova Life, Inc, (RLI) a biotech companybasedin Maryland, USA. The agreement covers the development and supply of foundertransgenic rabbits from RLI to Pharming MarketWire

DBS Wins CCAS Best Contact Centre Award
DBS Bank has won The Best In House Contact Centre Award 2011 from the Contact Centre Association of Singapore (CCAS). DBS was recognized for its excellence in customer experiences, technology application and outstanding contact centre services. MarketWire

Confused by Mortgage Bankers, Homeowner Faced With Foreclosure Gets a Chase Loan Modification After Filing Lawsuit Against Wells Fargo, Bear Stearns and MERS
In 2008, Mr. Armando Carillo, like many across America, realized his finances looked bleak; he was running out of reserves! Concerned about the $3000 a month payments he'd been making for years, while still current he contacted Chase for help. He was told that he needed to be at least 2 months delinquent to get help. MarketWire

Employee Benefits and Healthcare Will Be Topic on WATD Dec. 17 on "McNamara On Money" Hosted by Longfellow Benefits' Pat Haraden
Patrick J. Haraden, principal of Longfellow Benefits, will discuss employee benefits and healthcare reform on "McNamara On Money" on WATD 95.9 FM in Marshfield, Mass., on Saturday, December 17, from 8:30 to 10:30 a.m. The show also will be broadcast live on the Web at www.959watd.com. MarketWire

Brown & Brown, Inc. Enters Into Agreement to Acquire Arrowhead General Insurance Agency, Inc.; Conference Call Scheduled December 16, 2011
J. Powell Brown, Chief Executive Officer and President of Brown & Brown, Inc. (NYSE: BRO), today announced that Brown & Brown, Inc. has entered into an agreement to acquire the parent company of Arrowhead General Insurance Agency, Inc MarketWire

Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against GLG Life Tech Corporation (NASDAQ: GLGL)
On December 14, 2011, a class action lawsuit was filed in the United States District Court for the Southern District of New York against GLG Life Tech Corporation (NASDAQ: GLGL) MarketWire

Kansas City Honda Dealer Frank Ancona Honda Offers Free Remote Start Accessory on Any New Honda Purchased in December
Frank Ancona Honda, a Kansas City Honda dealer, recently announced that when customers purchase a new Honda in the month of December they will receive a free Remote Start accessory with free installation. MarketWire

Rights issue Ordina: 86% of rights exercised
Ordina successfully closes rights issue                                           Nieuwegein, 16 December 2011 GlobeNewswire

Amer Sports acquires Nikita, a female focused action sports apparel brand
Amer Sports Corporation              PRESS RELEASEDecember 16, 2011 at 6:45 pm GlobeNewswire

Frankfurt Stock Exchange has approved Nokia's request to delist
Nokia Corporation Stock exchange release December 16, 2011 at 17.50 (CET+1) GlobeNewswire

Biofrontera AG:Ad hoc: European Commission authorizes EU-wide marketing and distribution of Biofrontera's Ameluz®
Biofrontera AG / /Ad hoc: European Commission authorizes EU-wide marketing and distribution of Biofrontera's Ameluz® . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

SeaBird - Information Memorandum in connection with the sale of the OBN business to Fugro Norway AS
Cyprus, 16 December 2011 GlobeNewswire

Moog Acquires Bradford Engineering B.V.
EAST AURORA, NY--(Marketwire - December 16, 2011) - Moog Inc. (NYSE: MOG.A) (NYSE: MOG.B) announced today that it has acquired Bradford Engineering B.V. The purchase price is approximately EUR 10 million in cash GlobeNewswire

NIB opens temporary lending facility to support liquidity
The Nordic Investment Bank (NIB) will temporarily increase its lending activities in response to the effects of the financial crisis in its member countries. A new lending facility, the NIB Refinancing Facility (NRF), of EUR 500 million has been created for this purpose. GlobeNewswire

Good prospects for plug-in hybrids, range extenders and a greater number of gears
EUROFORUM Deutschland SE /Good prospects for plug-in hybrids, range extenders and a greater number of gears . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

FRO - Restructuring Update
Frontline Ltd. ("Frontline") is pleased to announce that following elements of the restructuring plan of Frontline, referred to in the press release dated December 6, 2011, have been concluded: GlobeNewswire

IQE plc : IQE wins Elektra 2011 Manufacturer Export Award
Cardiff, UK, 16 December 2011 - IQE plc (AIM: IQE, "IQE"), the leading global supplier of advanced wafer products and wafer services to the semiconductor industry, has been announced winner of the 2011 Manufacturer Export Award at this year's Elektra European Electronics Industry Awards. GlobeNewswire

Nestlé expands Nutrition, Health and Wellness footprint in the United States
Nestlé S.A. /Nestlé expands Nutrition, Health and Wellness footprint in the United States. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Outotec provides a tailings treatment solution for LKAB in Sweden
OUTOTEC OYJ PRESS RELEASE DECEMBER 16, 2011 9:30 AM GlobeNewswire

Systemair starts a sales company in Taiwan
Systemair (NASDAQ OMX Stockholm: SYSR) is continuing its investment in Southeast Asia and starts a sales company in Taiwan. GlobeNewswire

Heijmans realises new municipality city office for Rotterdam worth €95 million
The development company of the municipality of Rotterdam (Ontwikkelingsbedrijf Rotterdam) is planning to award the realisation of the building, renovation, and maintenance of the city office to Heijmans. The contract is valued at approximately €95 million and is partly award based on quality aspects GlobeNewswire

Oriola-KD's new guidelines for net sales and operating profit in 2011
Oriola-KD Corporation Stock Exchange Release 16 December 2011 at 8.30 a.m.  Guidelines issued on 19 July 2011 GlobeNewswire

BinckBank resumes its share buy-back programme
BinckBank is resuming its share buy-back programme today. BinckBank strives to pursue a balanced capital policy which takes account of the interests of all its stakeholders. BinckBank is resuming its share buy-back programme while maintaining a robust solvency position and an attractive dividend yield. GlobeNewswire

BTS Signs an Agreement worth more than SEK 4.5 million with Leading North American Financial Institution
Stockholm, Sweden and Stamford, Ct. - BTS Group AB (publ.), the global leader in accelerating strategic alignment and execution is proud to announce that it has signed an agreement with a leading financial institution GlobeNewswire

Comment on this story

Share