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Business News on January 25, 2011


RBI hikes key rates by 0.25 percent to curb inflation
The Reserve Bank of India (RBI) on Tuesday raised the repo rate and the reverse repo rate by 0.25 per cent, each, with immediate effect, in order to curb inflation. ANI

Indian, Indonesian business chambers sign 16 MOUs
Business chambers of India and Indonesia on Wednesday signed 16 memoranda of understanding on the sidelines of a three-day state visit to India by Indonesian President Susilo Bambang Yudhoyono. ANI

Hexagon Composites Strengthens its Position in South East Asia
Hexagon Composites recently announced a significant contract with Sime Darby in Malaysia, and together with the new contract to Vietnam, this truly demonstrate the South East Asian market's acceptance of Lincoln Composites' one-of-a-kind product andproves that the TITAN(TM) modules fit well into the development of the natural gas infrastructure in the region ACN Newswire

Branding Makes Headway in Today's Digital Age
The branding landscape in Asia has changed significantly in recent years, spurred by monumental leaps in technological advancements in the media. Thanks to the internet, social media and mobile platforms, the barriers of information flow have been reduced, and this has leveled the playing field for brands trying to carve a niche in the crowded market ACN Newswire

SBI Holdings Establishes Joint Venture with LG CNS
SBI Holdings, Inc. ("SBIH") and LG CNS Co., Ltd. (part of the Korean LG Group, "LG CNS"), a company that provides comprehensive IT services, have executed a joint-venture agreement establishing SBI-LG Systems Co., Ltd. (hereinafter "the System Joint Venture"), an IT system services provider ACN Newswire

SYSCAN Technology Acquires Prepaid Card Business in China
SYSCAN Technology Holdings Limited ("SYSCAN Technology"/ the "Group") (SEHK: 8083) issued a circular today relating to the Sale and Purchase Agreement and Placing Agreement involving the acquisition of the entire equity interest in Country Praise Enterprises Limited ("Country Praise") ACN Newswire

ST-Ericsson Reports Fourth Quarter 2010 Financial Results
ST-Ericsson, a joint venture of STMicroelectronics (NYSE: STM) and Ericsson (NASDAQ: ERIC), reported financial results for the fourth fiscal quarter ending December 31, 2010 ACN Newswire

Advent to Host Q4 2010 Earnings Call on Monday, February 7, 2011
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the global investment management industry, announced today that it will release its financial results for the fourth quarter ended December 31, 2010 on Monday, February 7, 2011 after the market closes ACN Newswire

NW Tech Capital Inc. (NWTT) to Appoint New Vice-President
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com) announces that management intends to appoint a new Vice-President to better reflect the company corporate structure following the merger with Canada Corp. MarketWire

Fire Resistant Insulation Made From Mineral Wool That Delivers Energy-Efficiency and Environmental Protection for Residential and Commercial Projects
Attention: Business, Technology, Green Building Construction MarketWire

Stellar Biotechnologies Achieves Major Milestone
Stellar Biotechnologies, Inc. (TSX-V: KLH) (PINKSHEETS: SBOTF) is pleased to announce successful completion of preclinical toxicity and immunogenicity testing of Stellar KLH/IMG and Stellar Subunit KLH in rodent and non-rodent species. These early tests support key, new product ideas put forward by the Company. MarketWire

Hyundai Securities Improves Customer Services With Real Time Data Integration Using Oracle GoldenGate
Oracle (NASDAQ: ORCL) MarketWire

AIB: Admission to trading on the Enterprise Securities Market
As previously announced on 23rd December2010, Allied Irish Banks, p.l.c.("AIB") (NYSE: AIB) will cease trading on the Main Securities Market (MSM)of theIrish Stock Exchange and the London Stock Exchange and will instead belisted onthe Enterprise Securities Market (ESM) of the Irish Stock Exchange prior tomarket opening on 26th January 2011. MarketWire

SEAW - Merger with Allis-Chalmers Energy Inc
Allis-Chalmers Energy Announces Record Date and Meeting Date for Special Meeting of Stockholders in Connection with Merger GlobeNewswire

Feintool Annual General Meeting 2011: Shareholders approve all proposals - Board of Directors confirmed
Feintool International Holding AG /Feintool Annual General Meeting 2011: Shareholders approve all proposals - Board of Directors confirmed Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Santhera Statement
Santhera Pharmaceuticals Holding AG /Santhera Statement Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Quarterly Update to Shareholders
25 January 2011AIM / PLUS Markets: AAU GlobeNewswire

Q-Med AB invites to Year-End Report 2010 conference call
Q-Med's Year-End Report for the period January-December 2010 will be published at 08.00 a.m. on Monday January 31, 2011, instead of, as earlier announced, on February 11, 2011. GlobeNewswire

PETROGRAND COMMISSIONS INTEGRA-GEOPHYSICS TO ACQUIRE SEISMIC ON ITS NIZHNE-PANINSKY LICENSE AREA
Petrogrand has signed a contract with Integra-Geophysics for seismic work GlobeNewswire

Notice of report acc. to §§ 37v-x WpHG:Evotec AG:Notice of report acc. to §§ 37v-x et seqq. WpHG (the German Securities Trading Act) with the aim of pan-European distribution
Evotec AG / /Notice of report acc. to §§ 37v-x et seqq. WpHG (the German Securities Trading Act) with the aim of pan-European distribution Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

KONE to provide escalators and elevators to railway station renewal project in Ghent, Belgium
  GlobeNewswire

Improved rental and real estate market and a dividend of SEK 3.60 per share
Rental income for 2010 amounted to SEKm 2,759 (SEKm 2,694 corresponding period previous year). Income from property management amounted to SEKm 1,141 (1,130), equivalent to SEK 6.96 (6.89) per share, a increase with 1%. The changes in value on properties amounted to SEKm 1,222 (-1,027) and on interest rate derivatives to SEKm 291 (102) GlobeNewswire

SKANSKA DESIGNS NEW SORTING PLANT FOR THE DANNEMORA MINE
  GlobeNewswire

Exploration Update
25 January 2011 GlobeNewswire

Rezidor announces the Park Inn Lille Grand Stade in France
The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, announces a new flagship for the young and dynamic mid market brand Park Inn by Radisson in France: The Park Inn Lille Grand Stade featuring 127 rooms will open in 2012. It is Rezidor's 8th Park Inn Hotel in France. GlobeNewswire

Q-Med brings forward the date for the Year-End Report 2010
The Year-End Report 2010 for Q-Med AB will be published at 08.00 a.m. on Monday January 31, 2011, instead of, as earlier announced, on February 11, 2011. GlobeNewswire

Increase of ownership in Deepwater Driller Ltd.
Reference is made to the press release sent out by Songa Offshore SE (the "Company") on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd ("Deepwater Driller") GlobeNewswire

Appointment to Basware Executive Team
Appointment to Basware Executive Team GlobeNewswire

MediGene Adds Romania and Bulgaria to Existing Partnership Agreement with Meditrina for the Commercialization of Veregen®
MediGene AG /MediGene Adds Romania and Bulgaria to Existing Partnership Agreement with Meditrina for the Commercialization of Veregen® Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Basware to focus its strategy for strong international growth
Basware Corporation stock exchange release, January 25, 2011 at 09:00 GlobeNewswire

Alma Media's and the Finnish Children and Youth Foundation's Summer Job Challenge for Companies
Alma Media Corporation     Press release      25 Jan 2011 9:00 a.m. GlobeNewswire

Basware Financial Statements 2010
BASWARE FINANCIAL STATEMENTSBasware fourth quarter and full year 2010Basware Corporation stock exchange release, January 25, 2011 at 09:00SUMMARY (last year's corresponding period in parentheses, unless otherwise stated) GlobeNewswire

PUBLISHING OF OUTOTEC'S FINANCIAL STATEMENTS REVIEW 2010
OUTOTEC OYJ  STOCK EXCHANGE NOTICE         JANUARY 25, 2011 AT 09.00 AM GlobeNewswire

DS Smith Recycling commits to multimillion euro investment with IT specialists Qurius UK
Tuesday 25th January 2011. Bury, UK. Qurius UK has announced that it has today signed an agreement with DS Smith Recycling (formerly known as Severnside Recycling) to provide them with its Enwis business management software solution. The product, based on Microsoft Dynamics NAV, is specially designed for the waste and recycling industry. GlobeNewswire

Ericsson reports fourth quarter results
"Group sales in the quarter increased 8% year-over-year and 32% sequentially mainly driven by a strong development in mobile broadband" says Hans Vestberg, President and CEO of Ericsson (NASDAQ:ERIC). "Sales in the quarter for comparable units, adjusted for currency and hedging, increased 7% year-over-year. Adjusted cash flow in the quarter was strong at SEK 16.2 (13.6) b GlobeNewswire

CellaVision introduces an iPhone/iPod Touch Application for hematology competency
CellaVision, which develops and sells products for the routine analysis of blood and body fluids, today introduces a new Application for the Apple iPhone and iPod Touch devices to compliment its digital cell morphology portfolio GlobeNewswire

DSM invests in wind propulsion company SkySails
DSM Venturing, the corporate venturing unit of Royal DSM N.V., announces today that it has made an investment in Germany-based SkySails GmbH & Co. KG (SkySails), the market and technology leader for automated towing kite systems for ships GlobeNewswire

Program for the publication of Yara International ASA's fourth quarter results 2010
Yara International ASA's fourth quarter 2010 results will be released on Tuesday 15 February 2011.The results will be available at www.yara.com and in the reception at Bygdøy allé 2, Oslo from 08:00 CET.The results will be presented at 09:30 CET by President and CEO Jørgen Ole Haslestad and CFO Hallgeir Storvik GlobeNewswire

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