Home » Business News » 2012 » February » February 20

Business News on February 20, 2012

Usha Thorat underlines role of private sector banks in inclusive banking
Emphasizing the role of private sector banks in the Indian economy, Usha Thorat, the former deputy governor of Reserve Bank of India (RBI), presently Director of the Centre for Advanced Financial Research and Training, said here that old private banks had an important role in the spread of inclusive banking in the country. ANI

Manmohan Singh confident food production will hit record 250 million tones
Asserting that the Central Government has adopted a multi-pronged strategy to improve returns to farming and step up investment in rural infrastructure, Prime Minister Dr. Manmohan Singh on Monday said the food production will exceed 250 million tonnes at the end of the 11th plan. ANI

Murdoch to unveil 'The Sun on Sunday' on Feb 26
News Corporation chairman Rupert Murdoch will unveil a new Sunday edition of the top-selling British tabloid The Sun next weekend. ANI

China Trends Suspends Acquisition of Beijing Need Education
China Trends Holdings Limited ("China Trends", HK:8171) announces today that, the Company suspended acquiring 100% issued share capital of Beijing Need Education Technology Company Limited ("Beijing Need Education"), as Beijing Need Education was unable to fulfill the terms of the framework agreement ACN Newswire

NEC Develops Smartphone Solution that Automatically Recommends the Appropriate Path of Incoming Calls
NEC Corp. announced today the development of smartphone software that automatically recommends the best path for a user's incoming calls based on the software's estimate of a smartphone's movement. This solution is scheduled to be commercially available by June 2012 ACN Newswire

MDP Completes Acquisition of Murchison's Interests in Crosslands and Oakajee Port and Rail
Mitsubishi Corp ACN Newswire

Mitsubishi to Invest in Encana's Natural Gas Development Project in British Columbia, Canada
Mitsubishi Corp. (MC) has announced that today it has agreed to acquire a 40% Partnership interest in the Cutbank Ridge Partnership (CRP), which was formed to develop a natural gas asset located in the Montney land of northeastern British Columbia, Canada. CRP was originally formed by Encana Corp., Canada's largest natural gas producer, and an Encana affiliate ACN Newswire

Career Development Drives Japan's Mid-career Changers: Hays Reveal How to Make a Successful Mid-career Change
Career advancement, a salary increase and improved work/life balance are the main reasons people decide to make a mid-career change, says recruiting experts Hays.In a survey conducted by Hays in Japan, the recruiter found that 33 per cent of people who had made a mid-career change in the last 12 months did so to achieve career advancement ACN Newswire

Fujitsu Announces Fiscal 2013 Hiring Plan for University Graduates
Fujitsu announced today its plans to hire 540 university graduates in April 2013. Fujitsu will recruit a diverse group of university graduates for positions in R&D, system engineering, sales, administrative and other divisions throughout the company to sustain the growth of its ICT solutions, services, products and devices businesses ACN Newswire

Sony and Tokyo Tech Jointly Develop Low-power LSIs for Wideband Millimeter-wave Wireless Communications that Achieves the World's Fastest Data Transfer Rate of 6.3Gb/s
Sony Corporation (hereafter, "Sony") today announced that the National University Corporation, Tokyo Institute of Technology and Sony have jointly developed a radio frequency (RF) LSI and a baseband (BB) LSI that enables millimeter-wave wireless data transfer at the world's fastest rate of 6.3Gb/s ACN Newswire

NEC Sets Out Vision for Wireless Backhaul of Small Cells
NEC Corporation (NEC; TSE: 6701) announced today its vision for the backhaul of small cells*. Set for field trials during 2012, NEC's solution consists of a range of technology components that address connectivity and service management challenges faced by network operators who plan to employ this new breed of mobile broadband networks using compact outdoor base stations ACN Newswire

Article One Partners and Thomson Reuters Study Shows LTE Patent Leadership Essential for Future of Smartphone Market
Article One Partners (AOP), the world's largest patent research community, with Thomson Reuters, unveiled findings from a joint study of LTE patent portfolios. AOP and Thomson Reuters underwent a patent review process looking at all 3,116 patents and pending patents declared essential, as of September 30, 2011, by members of ETSI (European Telecommunications Standards Institute) MarketWire

Futures Industry Association Goes Live With Association Anywhere, SaaS Association Management Software (AMS) From ACGI Software

Mango Moving Teams With College Hunks(R)
Full service moving company Mango Moving, LLC, has joined forces with College Hunks, in a partnership that aims to bring better residential moving options to all consumers. College Hunks is a local hauling and moving company, whose licensed and insured franchises are among the largest employers of college students in the nation. MarketWire

Producer Chad A. Verdi's Horror Film "INKUBUS" to Be Released Nationwide on February 21st Through NBC Universal VOD
The Woodhaven Production Company and Producer Chad A. Verdi proudly announce the VOD and DVD release of their feature film INKUBUS, a gruesome slasher flick starring horror icon Robert Englund (the original Freddy Krueger). MarketWire

Walter Energy Honored With Reclamation Award
Walter Energy, Inc. (NYSE: WLT) (TSX: WLT), the world's leading publicly traded "pure-play" producer of metallurgical coal for the global steel industry, was recently honored at the West Virginia Environmental Awards presented during the 39th Annual West Virginia Coal Association Mining Symposium. MarketWire

Koppers Reports Leak in Storage Tank in Portland, Victoria, Australia
Koppers Holdings Inc.'s (NYSE: KOP) Australian operations have experienced a leak of material from one of their storage tanks at a terminal facility in Portland, Victoria, Australia. The release was detected on Saturday, February 18. The Koppers facility, built in 1994, is situated on land leased from the Port of Portland. MarketWire

Coca-Cola FEMSA and The Coca-Cola Company Sign an Exclusivity Agreement to Evaluate the Potential Acquisition of a Controlling Stake of the Philippines Bottling Operations
Coca-Cola FEMSA, S.A.B. de C.V MarketWire

Chicago Blackhawk's Dave Bolland to Launch New Charity
Dave Bolland, center for the Chicago Blackhawks and a member of their 2010 Stanley Cup Championship team, will launch The Dave Bolland Foundation with a special invitation-only event in the Screen Room at The Wit Hotel in Chicago (201 N. State Street) on Monday, February 27 from 6:00 to 8:00 p.m. MarketWire

Gilbarco's Chad Johnson Speaks About Diesel Exhaust Fluid (DEF) and Tomorrow's Technology at NATSO
Chad Johnson, Marketing Manager at Gilbarco Veeder-Root, will appear on two educational discussion panels at this year's National Association of Truck Stop Operators (NATSO) Show at the Caesars Palace in Las Vegas, NV. MarketWire

Thousand Oaks Surgical Hospital Wins Patient Advocate Award
Thousand Oaks Surgical Hospital earned the Patient Advocate Award by the Professional Patient Advocate Institute in the nationwide, small hospital category. MarketWire

Ocean Rig UDW Inc. Announces Fourth Quarter 2011 Results Release Date, Conference Call and Webcast
Ocean Rig UDW Inc. (NASDAQ: ORIG) ("Ocean Rig"), a global provider of offshore deepwater drilling services, announced today that it will release its results for the fourth quarter ended December 31, 2011 after the market closes in New York on Wednesday, February 22, 2012. MarketWire

iTeknik Holding Corporation Posts More Than $6 Million in Sales in Its FY 2012 Half Year Financial Report
iTeknik Holding Corporation (PINKSHEETS: ITKH), a leader in the telecommunications industry through its Send Global subsidiary, today posted its FY 2012 Half Year Results. Sales for the first six months of fiscal year 2012, ending December 31, 2011, were $6,185,564 compared to $5,893,203 for the same period in FY 2011. This is a 5.0% improvement year-over-year for the period. MarketWire

Crown Equity Holdings Inc. Announces the Launch of Two Online Service Companies
Crown Equity Holdings Inc. (OTCBB: CRWE), today announced that it has launched two new online service companies. CRWE Direct and CRWE Real Estate. MarketWire

DryShips Inc. Announces Fourth Quarter 2011 Results Release Date, Conference Call and Webcast
DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc MarketWire

Imperial Toy Awarded Best in Play Toy of 2012 From Parenting Magazine for Zooma(TM) Splat X(TM) Line
Imperial Toy, the world leader in bubbles and moms' first choice for over 30 years, debuted the Company's transformational new product portfolio at the New York Toy Fair to rave reviews and a prestigious Best In Play 2012 Toy Fair Award from Parenting Magazine for its new ZOOMA™ Splat X™ Smackshot™ launcher MarketWire

Goodin Abernathy Partners Named to 2012 Indiana Super Lawyers List
Indiana Super Lawyers recently announced its annual Super Lawyers list. Among the elite group of Indiana lawyers, James A. Goodin and Jon Abernathy of Goodin Abernathy LLP were named to the prestigious list. MarketWire

WPC Demonstrates Security & Compliance and ICD-10 Solutions With Microsoft at HIMSS12
HIMSS Annual Conference -- WPC, a full-service healthcare business process consulting organization in Brentwood, Tenn., announced today that it will exhibit its Security & Compliance and ICD-10 consulting practice solutions at the annual Healthcare Information and Management Systems Society's (HIMSS) Conference this week in Las Vegas MarketWire

Media Advisory: PRSA San Francisco's February 23rd Monthly Program -- Bringing the America's Cup to the Bay
Join PRSA-San Francisco in February to hear from the communications expert behind one of the most prestigious sporting events in the world -- the America's Cup. Chief Communications Officer Stephanie Martin joins for a lunchtime discussion about the strategies and tactics in play to promote the finals of this international sporting event in 2013. MarketWire

Golar LNG Limited - Q4 2011 results presentation
Golar LNG's 4th Quarter 2011 results will be released tomorrow, TuesdayFebruary21 2012, before the Oslo market opens. In connection with this a webcastpresentation will be held at 2:30 P.M (London Time) tomorrow, TuesdayFebruary21 2012. The presentation will be available to download from the InvestorRelations section at www.golarlng MarketWire

Dako Enters into an Additional Collaboration with Amgen on Developing a Companion Diagnostic Test (pharmDxTM) for an Investigational Cancer Therapy in Clinical Development
Dako, a world leading independent cancerdiagnostic supplier with 45 years ofexperience in pathology, announced today that it has entered into a newcollaboration agreement with Amgen Inc. (NASDAQ: AMGN) on the developmentof adiagnostic test for an Amgen cancer drug candidate in clinical development. MarketWire

OnConference to Open U.S. Office
With the addition of a U.S. office, OnConference will service American customers better with future planned enhancements for payment receipt and processing. "We anticipate that using this office will improve our customer's overall experience with our company," said Jerry Everett, President of OnConference. The addition of the U.S MarketWire

SmugMug & WHCC Say "I Do!"
WPPI Booth # 1528 - SmugMug, the industry leader in photography websites and ecommerce, announced today that it's hooking pro photographers up with top print lab White House Custom Colour (WHCC). MarketWire

Gilda's Club, a Cancer Support Community, to Open in the Twin Cities in 2012
Gilda's Club Twin Cities (GCTC) announced today that it has purchased the building that will become its future "clubhouse." GCTC, a nonprofit organization, will provide residents of the Twin Cities metro area living with cancer with customized emotional, social and psychological support MarketWire

Panasonic Debuts Next-Gen 'Image Capture Plus' Workgroup Scanner
Panasonic System Communications Company of North America today announced the release of the KV-S1065C, an advanced high-output workgroup scanner incorporating Panasonic's proprietary Active Double-Feed Prevention, LED scanning illumination, advanced image processing, and Image Capture Plus technologies. MarketWire

M86 Security Executive Recognized as One of CRN's 2012 Channel Chiefs
M86 Security, the global expert in real-time Web and email threat protection, announced today that Luis Curet has been named one of CRN's 2012 Channel Chiefs MarketWire

26 Wisconsin Programs Receive Great Lakes Grants to Prepare Disadvantaged Students for College
Great Lakes Higher Education Guaranty Corporation (Great Lakes) today awarded grants to 26 Wisconsin programs that share its commitment to helping disadvantaged students increase academic preparedness for postsecondary education. The grants, totaling $3.1 million, are awarded through Great Lakes' new Community Investments program. MarketWire

.NET Users Can Now Use Artifactory With Full NuGet Support
Just recently JFrog released version 2.5 of Artifactory, the enterprise-grade Binary Repository that centralizes all aspects of managing software libraries. A major new feature in this release is support for the .NET NuGet packaging system. MarketWire

OnShift Congratulates Scheduler of the Year Award Winners
OnShift, the leader in web-based staff scheduling and shift management software for the healthcare industry, today announced the winners of its first annual Scheduler of the Year Awards for 2011. The winners exemplify commitment, flexibility, and focus in leading the employee scheduling efforts in long-term care and senior living organizations MarketWire

Children's Hospital & Medical Center and Loma Linda University Children's Hospital Select Isabel Healthcare
HIMSS Annual Conference - Isabel Healthcare today announced that Children's Hospital & Medical Center, Omaha, Neb., and Loma Linda University Children's Hospital (LLUCH), Loma Linda, Calif., have selected Isabel, its diagnosis decision support and clinical knowledge system, to assist their combined 950 physicians identify a patient's diagnosis accurately the first time MarketWire

TriCore Reference Laboratories Selects 4medica Ambulatory iEHR to Advance Connectivity to New Mexico Physicians
HIMSS Annual Conference -- 4medica booth #449 -- In a bold move that recognizes the need to augment its core lab services to help physicians address health reform and other challenges, TriCore Reference Laboratories today announced selecting 4medica to drive lab and patient data integration, interoperability and connectivity MarketWire

Frost & Sullivan Recognizes Siemens Enterprise Communications' Accomplishments in Improving Patient Care With UC Technologies
Based on its recent analysis of the unified communications (UC) technologies healthcare market, Frost & Sullivan recognizes Siemens Enterprise Communications with the 2011 Global Frost & Sullivan Award for Product Line Strategy. Siemens Enterprise Communications offers healthcare organizations an unmatched set of communications solutions MarketWire

Tecella's Triton Duo, a 16-Channel Patch Clamp With Both Current and Voltage Clamp Modes
Tecella has released the Triton Duo, a 16-channel amplifier system that can operate in voltage clamp, current clamp, and voltage follower (I=0) modes. The Triton Duo comes with an on-board digitizer and 16 head stages, and communicates to the computer via a USB 2.0 cable. MarketWire

Using Coupons Just Makes Sense. Why Pay More Than You have to?
We would all love to get some money off our online shopping which we could put towards something special. This is the exact reason that people are flocking to coupon websites looking to grab the latest offers online. MarketWire

Melissa Data's Contact Zone(TM) Available Now
Melissa Data, a leading provider of contact data quality and integration solutions, today announced availability of Contact Zone, its open source data integration software optimized for sophisticated contact data quality MarketWire

Somansa Brings Comprehensive Electronic Security and Compliance to Healthcare Organizations
[HIMSS Conference] -- Somansa Technologies (, a global leader in electronic data security and compliance, today announced the release of Mail-i for Healthcare IT, to provide comprehensive protection for healthcare communications and ePHI to help assure compliance with HIPAA and other healthcare regulations. MarketWire

NewTek Ships LightWave(TM) 11 Software
NewTek is now shipping LightWave™ 11, the latest version of its Emmy® award-winning, professional 3D modeling, animation, and rendering software that lets artists broaden their creative exploration. LightWave 11 incorporates many new features, such as instancing, flocking and fracturing tools, flexible Bullet Dynamics, Pixologic™ Zbrush® support, and much more MarketWire

IPC-2581 Consortium Reaches Significant Design Chain Validation Milestone
The IPC-2581 Consortium announced today that it has reached a significant milestone in validating the accuracy and robustness of IPC-2581 data from generation through to consumption across its design chain wide consortium member companies as well as the availability of multiple inspection viewers for IPC-2581 files MarketWire

Pilgrim's Pride Endures Rising Costs, Tough Poultry Market in 2011, Looks Forward to Export Growth in 2012, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- Pilgrim's Pride Corporation (NYSE:PCC) (Greeley, Colorado), a leading North American chicken-processing and prepared-foods company, reported net losses for fourth-quarter and full-year 2011 as costs unexpectedly accelerated throughout the year and the poultry industry suffered numerous setbacks. The company reported a net loss of $85 MarketWire

FishNet Security Collaborates With Microsoft to Deliver Identity Access and Management for Healthcare
FishNet Security announced today it will collaborate with Microsoft Corp. to provide new software functionality that enables health system customers to provision clinical applications through Microsoft Forefront Identity Manager 2010 (FIM 2010). MarketWire

Your Single Source for High-Density Polyethylene Pipe (HDPE) and Associated Products, by ISCO Industries LLC, a Feature of "Industry Today" on
Industrial Info Resources (Sugar Land, Texas) will host special guest ISCO Industries LLC (Louisville, Kentucky) as part of this week's "Industry Today" webcast. Founded in 1962, ISCO Industries provides the most complete and comprehensive line of HDPE (high density polyethylene) pipe, submersible pumps, valves, pipeline accessories, hoses and fusion equipment that industry has to offer MarketWire

CohesiveFT Selected as G-Cloud 'CloudStore' Specialist Cloud Services Supplier
CohesiveFT, leader in enterprise cloud control, was awarded a Framework Agreement to supply Specialist Cloud Services to the UK Government via its G-Cloud programme. The G-Cloud initiative intends to drive down IT costs, engage more with the SME tech suppliers, and increase the flexibility of procurement contracts MarketWire

ANSI Approves IESO/RIA Standard 6001-2011, Evaluation of Heating, Ventilation and Air Conditioning (HVAC) Interior Surfaces to Determine the Presence of Fire-Related Particulate as a Result of a Fire in a Structure
On February 15, 2012, the American National Standards Institute (ANSI) notified the Indoor Environmental Standards Organization (IESO) of the approval of the IESO/RIA 6001-2011 Evaluation of Heating, Ventilation and Air Conditioning (HVAC) Interior Surfaces to Determine the Presence of Fire-Related Particulate as a Result of a Fire in a Structure MarketWire

Thomson Reuters Launches New Model to Predict Fund Managers' Stock Picks
Thomson Reuters today announced that it has introduced a model to predict which stocks fund managers are likely to buy and sell from their portfolios. StarMine's Smart Holdings model forecasts institutional investors' future buying and selling behaviour, identifying which companies would become increasingly or less attractive to these investors over the following quarter MarketWire

BMO Deepens Commitment to China with Strategic Investment in COFCO Trust Co.
Editors Note: There is a photo available with this press release. MarketWire

Green Nicotine Owner to Electronic Cigarette Industry: It's Time to Put People Before Profits
The electronic cigarette industry has again been vaulted into the national spotlight. But this time it is not an intellectual struggle or debate. This time it is a tragedy. MarketWire

Mitchell Partners With San Diego County Office of Education to Broaden Youth Career Opportunities
Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, today announced another successful community partnership, with the San Diego County Office of Education's Work Readiness Program MarketWire

Xcite Energy Limited -Bentley Field Reserves Audit

Petroleum Geo-Services ASA : Fourth Quarter and Preliminary Full Year 2011 Results
Strong MultiClient Trend Continues - Improved Contract OutlookHighlights 2011 * Strong EBITDA of $534.8 million * Total MultiClient revenues of $501.8 million, up 28% from 2010, withrecord late sales of $278.3 million * Continued growth for Data Processing with external revenues of $110 MarketWire

Transocean Ltd. Announces Goodwill Impairment Charge
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the company expects its fourth quarter 2011 results to include a non-cash charge related to the impairment of a substantial portion of the goodwill associated with its contract drilling services reporting unit MarketWire

Transocean Ltd. Board Sets Agenda for 2012 Annual General Meeting of Shareholders
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that the Board of Directors has determined the agenda for the 2012 Annual General Meeting of Shareholders. The Board of Directors is recommending that the company's shareholders approve, among other items: MarketWire

Golar LNG Partners LP - Q4 2011 results presentation
Golar LNG Partners LP 4th Quarter 2011 results will be released tomorrow, February 21 2012 before the NASDAQ opens. In connection with this, a webcast presentation will be held at 3.45 P.M (London Time) tomorrow, Tuesday February 21 2012. The webcast will be available to download from the Investor Relations section at GlobeNewswire

Navamedic ASA: Disclosure of shareholdings
FLAGGING Informasjonspliktig Informasjonspliktige opplysninger  Lagringspliktig melding Vedlegg Tittel Disclosure of shareholdings Tekst Richard Storvestre and associated companies Nobelsystem Scandinavia AS and Intersys Norge AS have acquired 247 067 new shares in the Navamedic private placement in February 2012. New total holding is 1 662 267 shares GlobeNewswire

Navamedic ASA: Trades by primary insiders
Pursuant to Navamedic private placement implemented in February 2012 the following primary insiders in Navamedic ASA have been allocated shares: GlobeNewswire

RomReal : Fourth (4th) Quarter 2011 Results and Investor Presentation
RomReal will publish its 4th Quarter 2011 Result before the start of trading Friday 24(th) of February 2012. Published documents will be made available shortly thereafter at RomReal invites investors, analysts and media to the conference call, to be held at 9.00 a.m. Oslo time GlobeNewswire

Notice of Pohjola Bank plc's Annual General Meeting
Pohjola Bank plcSTOCK EXCHANGE RELEASE 20 February 2012, 4 GlobeNewswire

ÅF to modernise factory for NKT Flexibles

SeaBird - Option allocation
Cyprus, 20 February 2012  GlobeNewswire

Dannemora signs service contract with ABB
 As Dannemora Mineral AB nears the start of operations in the second quarter of this year, the Company has signed a full-service contract with ABB, which gives ABB full responsibility for process plant maintenance. GlobeNewswire

Tele2 AB issue Norwegian Bonds
Stockholm - Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) announced that Tele2 AB successfully placed two new unsecured bonds in the Norwegian bond market. GlobeNewswire

Thunderbird Resorts Inc.: Sale of a Non-Strategic Hotel for $13.6 Million; Restructuring of 65%+ of Group Debt; Update on India; January 2012 Revenue Report
Thunderbird Resorts Inc. /Thunderbird Resorts Inc.: Sale of a Non-Strategic Hotel for $13.6 Million; Restructuring of 65%+ of Group Debt; Update on India; January 2012 Revenue Report . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Regulated Information - Full Year results 2011
Insurance results affected by adverse financial markets Strong operational improvement in Non-Life GlobeNewswire

Coming soon: Nestlé Investor Roadshow
Nestlé S.A. /Coming soon: Nestlé Investor Roadshow. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Comment on this story