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International News on November 9, 2012


Murray Energy layoffs 160 workers in response to Obama re-election
Murray Energy layoffs 160 workers on bleak prospects of coal industry Andhra News

President Obama reiterates that the wealthy should pay more in taxes
President Obama says the majority of Americans agree with his approach in raising taxes for the wealthy Andhra News

CIA Director David Petraeus resigns
Petraeus resigns citing extramarital affair Andhra News

Covidien Reports Fourth-Quarter and Fiscal 2012 Results
Covidien plc (NYSE: COV) today reported results for the fourth quarter of fiscal 2012 (July - September 2012). Fourth-quarter net sales of $3.00 billion were 3% lower than the $3.08 billion reported in the fourth quarter last year Business Wire India

Jefferies Expands Investment Banking and Capital Markets Platform in Asia
Jefferies Group today announced the expansion of its Asia Investment Banking business with five new senior appointments who will be based in Hong Kong, the firm’s Asian headquarters. Business Wire India

Taro Rejects IsZo’s FY Q2 Under Reporting Allegation as Untrue and Irresponsible
Taro Pharmaceutical Industries Ltd. (NYSE: TARO) (“Taro” or the “Company”) announced today that it delivered a letter to one of its shareholders IsZo Capital Management LP (“IsZo”) in response to IsZo’s letter to Taro’s Special Committee of the Board of Directors dated November 5, 2012. The full text of the letter is set forth below: Business Wire India

KBR Building Group to Construct The Acadia, Mixed-Use High-Rise Residential Project, in Arlington, Va.
KBR (NYSE: KBR) announced today that KBR Building Group has been awarded a contract to construct The Acadia at Metropolitan Park, a 411 unit mixed-use, residential building in Arlington, Va. The Acadia will be the third building to be constructed in the multi-phase Metropolitan Park development, located near Washington D.C Business Wire India

KCI Sells Therapeutic Support Systems™ Business to Getinge AB
Today, Kinetic Concepts, Inc. (KCI) has announced that it has closed the sale of its Therapeutic Support Systems™ (TSS) business to Getinge AB (sto: GETIB) for a total deal value of $275 million. Business Wire India

Mobil 1 Gets Fans on Track With Stewart-Haas Racing and Vodafone McLaren Mercedes
ExxonMobil today announced that its Mobil 1 technology partners Stewart-Haas Racing and Vodafone McLaren Mercedes will feature the names of lucky fans on its race cars for one race as they prepare for the final stretch of the 2012 NASCAR and Formula 1™ calendars. Business Wire India

Coming Next Week! Panasonic Total Eclipse Live by Solar Power from Australia to the World!
On the morning of November 14th, 2012, the North of Australia will witness a total solar eclipse. Panasonic, using its HIT(R) solar panels and lithium ion batteries for storage, will produce a live broadcast of this spectacular astronomical phenomenon via USTREAM. Business Wire India

OtterBox Wins Favorable Judgment in Counterfeiting Case
OtterBox® has become one of the fastest-growing private companies in America, despite a sluggish economy. The company is recognized globally for providing premiere protective solutions for handheld technology and counterfeiters make attempts every day to replicate the Colorado-based company’s successes Business Wire India

EnergyHub Enters into License with SIPCO
SIPCO, LLC has announced that EnergyHub, Inc., a worldwide leader in home energy management technology, has taken a license to SIPCO’s Essential Wireless Mesh™ Patent Portfolio. Business Wire India

Monster Worldwide Reports Third Quarter 2012 Results and Announces Corporate Restructuring
Monster Worldwide, Inc. (NYSE:MWW) has reported financial results for the third quarter ended September 30, 2012. The Company also announced that it will implement a corporate restructuring to focus on its core business and reduce its cost structure in order to improve profitability and cash flow. Business Wire India

Hilton Worldwide Team Members to Fill the Earth with the Light and Warmth of Hospitality during First Annual Global Week of Service
On November 11 – 18, Hilton Worldwide team members across 90 countries and territories will celebrate the company’s first Global Week of Service Business Wire India

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