The Credit Ratings (ratings) reflect GIL’s strong risk-adjusted capitalization, good operating performance and established business profile in Australia’s allied health sector. The ratings also acknowledge GIL’s prudent reserving practices, robust reinsurance program and high-quality investment portfolio.
Tuesday, February 28, 2017
A.M. BEST REVISES OUTLOOKS TO STABLE FOR GUILD INSURANCE LIMITED
HONG KONG, Feb 27 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Guild Insurance Limited (GIL) (Australia).
Monday, February 27, 2017
A.M. BEST AFFIRMS CREDIT RATINGS OF GENERAL INSURANCE CORPORATION OF INDIA
SINGAPORE, Feb 27 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent)
and the Long-Term Issuer Credit Rating of “a-” of General Insurance
Corporation of India (GIC Re) (India). The outlook of these Credit
Ratings (ratings) is stable.
The ratings reflect GIC Re’s adequate risk-adjusted capitalization and good business profile in its domestic market. GIC Re is the largest domestic reinsurer in India and benefits from the obligatory cessions of direct insurers in India. In addition, GIC Re has a geographically diversified underwriting portfolio.
TGS AND SCHLUMBERGER ANNOUNCE NEW MULTI- AND WIDE-AZIMUTH MULTICLIENT REIMAGING PROGRAM IN CENTRAL U.S. GULF OF MEXICO
ASKER, Norway, Feb 24 (Bernama-GLOBE NEWSWIRE) -- TGS-NOPEC Geophysical Company (TGS) and Schlumberger today announced a new multi- and wide-azimuth (M-WAZ) multiclient reimaging program in the highly prospective Central U.S. Gulf of Mexico. Final results are expected in early 2018, ahead of a period when substantial block turnover in the area is anticipated.
RedHill Biopharma Reports 2016 Fourth Quarter and Full-Year Financial Results
- RedHill maintains a strong and debt-free balance sheet with approximately $66 million in cash and cash equivalents at the end of 2016, allowing the Company to continue to execute its development and U.S. commercialization plans
Select 2016 milestones include:
- Successful final results from the first Phase III study with RHB-105 for the treatment of H. pylori infection
- Positive and unanimous independent DSMB recommendation for the continuation of the Phase III study with RHB-104 for Crohn’s disease (the MAP US study)
- Encouraging top-line final results from the Phase IIa proof-of-concept study with RHB-104 for relapsing-remitting multiple sclerosis
- Exclusive U.S. co-promotion agreement with Concordia for gastrointestinal drug Donnatal®
Select potential milestones expected in 2017:
- Initiation of a confirmatory Phase III study with RHB-105 for the treatment of H. pylori infection, expected in Q2/2017
- Second independent DSMB meeting for the MAP US Phase III study with RHB-104 for Crohn’s disease, including an interim efficacy analysis and an evaluation of an option for early stop for success for overwhelming efficacy, expected in Q2/2017
- Top-line results from the BEKINDA® Phase III study for gastroenteritis (the GUARD study), expected in Q2/2017
- Top-line results from the BEKINDA® Phase II study for IBS-D, expected mid-2017
- Initiation of promotional activities for Donnatal® in selected U.S. territories
TEL-AVIV, Israel, Feb 24 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on the development and commercialization of late clinical-stage, proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today reported its financial results for the fourth quarter and full-year ended December 31, 2016.
SOURCE : RedHill Biopharma Ltd.
Friday, February 24, 2017
DUBUC MOTORS RECEIVES SEC QUALIFICATION UNDER US JOBS ACT
The first electric
vehicle (EV) company approved to sell equity shares to accredited and
non-accredited investors
MENLO PARK, Calif., Feb 24 (Bernama-GLOBE NEWSWIRE) -- Dubuc Motors, the company behind the Tomahawk – the world’s first 2+2 electric sports car, announced today the launch of the live offering phase of its equity crowdfunding campaign after the qualification of its filing with the Securities and Exchange Commission (SEC). The company revealed its electric supercar through a Testing the Waters (TTW) campaign in 2016 and is now turning the $6 million in initial funding reservations into real funding dollars.
PAYVISION WINS THE BEST PSP AWARD AT MERCHANT PAYMENTS ECOSYSTEM 2017
For its innovative data-driven omnichannel platform under the Acapture solution
AMSTERDAM, Netherlands, Feb 23 (Bernama-GLOBE NEWSWIRE) -- Payvision, global acquirer and data-driven omnichannel solutions provider, won the award for the Best PSP at the annual Merchant Payments Ecosystem conference, recognizing its innovative global services under the Acapture brand. Integrating Acapture’s omnichannel solution into its global acquiring network, Payvision has transformed itself into a data-driven omnichannel enterprise. This has positioned the company as THE no. 1 merchant acquirer and payment provider empowered by data science and analytics.
“It is an absolute honor for us to be acknowledged as the Best PSP by an industry authority such as MPE. This highlights the focus and dedication we have for our customers and partners”, said Gijs op de Weegh, Chief Operating Officer at Payvision and Acapture. “Merchants need a global solution that offers them a wide variety of payment products for their ecommerce business. We built Acapture with one specific goal in mind: to set a new standard in the payments industry. By using the latest technologies, we offer merchants a complete omnichannel solution to maximize their revenue. This award is a great indicator that our work is appreciated and recognized within the industry.”
AMSTERDAM, Netherlands, Feb 23 (Bernama-GLOBE NEWSWIRE) -- Payvision, global acquirer and data-driven omnichannel solutions provider, won the award for the Best PSP at the annual Merchant Payments Ecosystem conference, recognizing its innovative global services under the Acapture brand. Integrating Acapture’s omnichannel solution into its global acquiring network, Payvision has transformed itself into a data-driven omnichannel enterprise. This has positioned the company as THE no. 1 merchant acquirer and payment provider empowered by data science and analytics.
“It is an absolute honor for us to be acknowledged as the Best PSP by an industry authority such as MPE. This highlights the focus and dedication we have for our customers and partners”, said Gijs op de Weegh, Chief Operating Officer at Payvision and Acapture. “Merchants need a global solution that offers them a wide variety of payment products for their ecommerce business. We built Acapture with one specific goal in mind: to set a new standard in the payments industry. By using the latest technologies, we offer merchants a complete omnichannel solution to maximize their revenue. This award is a great indicator that our work is appreciated and recognized within the industry.”
Thursday, February 23, 2017
EUROMONITOR REVEALS THE ECONOMIC AND CONSUMER TRENDS TO WATCH IN 2017
LONDON, Feb 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International
released today a new white paper, “Global Economies and Consumers in 2017”.
Euromonitor International analysts predict 2017 will be marked by slowing growth in consumer expenditure in developed markets. With many of these countries struggling to raise productivity, weighed down by debt and ageing population, stagnation represents a threat. The Eurozone will continue to see anaemic growth, with a slowdown in all major economies next year.
Wednesday, February 22, 2017
EUROMONITOR IDENTIFIES 17 TOP EMERGING CITIES WITH BUSINESS GROWTH OPPORTUNITIES
CHICAGO, Feb 23 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International
released today a new strategy briefing, "Cities of the Future: Emerging
Market Champions”, highlighting the most developed cities in emerging markets
alongside their business opportunities and challenges.
Despite being located in underdeveloped regions, top emerging cities feature elements of developed markets, including modern lifestyle, use of internet and high demand for quality products. The strategy briefing highlights 17 emerging market cities including Montevideo, Santiago, Dubai, and Shanghai.
RedHill Biopharma Completes Treatment of Last Patient in BEKINDA® Phase III Study for Acute Gastroenteritis
TEL-AVIV, Israel, Feb 22 (GLOBE NEWSWIRE) -- RedHill
Biopharma Ltd. (NASDAQ:RDHL) (TASE:RDHL) (“RedHill” or the “Company”), a
specialty biopharmaceutical company primarily focused on the development and
commercialization of late clinical-stage, proprietary, orally-administered,
small molecule drugs for gastrointestinal and inflammatory diseases and cancer,
today announced that the last patient enrolled in the Phase III study with
BEKINDA® 24 mg for the treatment of acute gastroenteritis and
gastritis (the GUARD study) has completed the treatment course and observation
period for the primary endpoint evaluation.
The randomized, double-blind, placebo-controlled Phase III GUARD
study with BEKINDA® 24 mg is being conducted in 29 U.S.
clinical sites and has treated 320 adults and children over the age of 12 with
gastroenteritis and gastritis. Top-line results are expected in the second
quarter of 2017.
Source : RedHill Biopharma Ltd.
BROADSOFT IMPROVES ENTERPRISE MOBILITY WITH ARTIFICIAL INTELLIGENCE AND APPLE CALLKIT SUPPORT
BroadSoft continues to pioneer simple mobile-first communications by adding context through AI and enhancing user experience with Apple iOS CallKit support
GAITHERSBURG, Md., Feb 21 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global unified communication software as a service (UCaaS) leader, today announced two significant enhancements to its bMobile advanced mobility solution: Artificial intelligence capabilities and Apple CallKit support for BroadSoft Business UC-One mobile apps that provide business users with a superior mobile user experience over any device, network or location and unlocks new revenue opportunities for Mobile Operators.
A recent BroadSoft survey shows that 89% of respondents believe that native mobile integration is an important requirement for mobile solutions. The enhanced capabilities of BroadSoft bMobile enable companies to reorient their business around mobility, while allowing service providers and mobile operators to maximize LTE investments and capture new opportunities by delivering revenue generating mobile-first business unified communications capabilities.
GAITHERSBURG, Md., Feb 21 (Bernama-GLOBE NEWSWIRE) -- BroadSoft, Inc. (NASDAQ:BSFT), a global unified communication software as a service (UCaaS) leader, today announced two significant enhancements to its bMobile advanced mobility solution: Artificial intelligence capabilities and Apple CallKit support for BroadSoft Business UC-One mobile apps that provide business users with a superior mobile user experience over any device, network or location and unlocks new revenue opportunities for Mobile Operators.
A recent BroadSoft survey shows that 89% of respondents believe that native mobile integration is an important requirement for mobile solutions. The enhanced capabilities of BroadSoft bMobile enable companies to reorient their business around mobility, while allowing service providers and mobile operators to maximize LTE investments and capture new opportunities by delivering revenue generating mobile-first business unified communications capabilities.
NIKE UNVEILS COLLECTION TO CELEBRATE AIR MAX DAY, HIGHLIGHTED BY RELEASE OF NIKE AIR VAPORMAX
BEAVERTON, Ore., Feb 21 (Bernama-BUSINESS WIRE) -- Three years ago Nike launched Air Max Day, a response to global fervor for one of the most beloved footwear platforms of all time. Today, Nike begins a journey to this year's Air Max Day, a worldwide celebration of Air highlighted by the long-awaited release of Nike Air VaporMax.
Nike will celebrate Air Max Day on March 26 by marking the 30th anniversary of the Air Max 1, the shoe that pushed footwear to unprecedented heights with new cushioning style and performance features. Throughout March, Nike will release a mix of retros, remixes and innovations. This fresh line-up of Air, including the highly anticipated Nike Air VaporMax, represents the latest chapter of Nike's longstanding commitment to serve athletes. The new product delivers on what consumers want, by transforming the athletic footwear landscape with the most powerful and resilient underfoot platform yet.
Nike will celebrate Air Max Day on March 26 by marking the 30th anniversary of the Air Max 1, the shoe that pushed footwear to unprecedented heights with new cushioning style and performance features. Throughout March, Nike will release a mix of retros, remixes and innovations. This fresh line-up of Air, including the highly anticipated Nike Air VaporMax, represents the latest chapter of Nike's longstanding commitment to serve athletes. The new product delivers on what consumers want, by transforming the athletic footwear landscape with the most powerful and resilient underfoot platform yet.
Tuesday, February 21, 2017
PHOENIX SOLAR PUMPS RENEWABLE ENERGY INTO IKEA STORE
- 1 MWp solar
rooftop system for IKEA Tampines in Singapore
- Non-exclusive
regional framework agreement between Phoenix Solar and IKEA Southeast
Asia
SINGAPORE
& SULZEMOOS, Germany, Feb 21 (Bernama-BUSINESS WIRE)
-- Singapore’s Phoenix Solar Pte Ltd has been awarded a contract by
IKEA Southeast Asia to design and build a 1 MWp solar system on the roof
of IKEA Tampines. The system is expected to generate 1.3 million kilowatt hours
per year – enough renewable energy to power the equivalent of 283 four-room HDB
flats. IKEA expects to trim an estimated $2.4 million from the store’s
electrical bills over the next ten years.
MCNS ESTABLISHES SYSTEM HOUSE IN INDIA
Accelerating global competitiveness and
strengthening of Polyurethane system businesses
TOKYO, Feb 21 (Bernama-BUSINESS WIRE) -- Mitsui Chemicals & SKC Polyurethanes Co., Ltd. (Co-CEO: Ki Don Won, Shingo Shibata; a 50:50 joint venture of Mitsui Chemicals, Inc. and SKC Co., Ltd.; “MCNS”) has decided to establish a manufacturing and sales company of polyurethane system products (System house*) in Andhra Pradesh in Southern India to meet an anticipated increase in polyurethane demand.
ENVISTA FORENSICS ANNOUNCES OPENING OF SYDNEY, AUSTRALIA OFFICE
SYDNEY & ATLANTA, Feb 21 (Bernama-BUSINESS WIRE) -- Envista Forensics, a global leader in forensic engineering
and consulting services to the insurance and legal industries announces the
opening of a new office, in Sydney, Australia. This office will expand the
Company’s presence in Asia and Australasia.
On the growth of the Company as a whole, Bob Wedoff, President commented, “We are incredibly pleased to expand our global footprint with the opening of the new Sydney office. Not only does it mark another key step in realizing our mission to deliver world-class, post-loss technical expertise no matter where it is required, it enhances our ability to serve our multinational, global clients with the same high-level of technical quality and customer service to which they are accustomed regardless of location.”
KEIO PLAZA HOTEL TOKYO HOSTS MT. FUJI ART EXHIBITION, FEATURING ITCHIKU'S MT. FUJI KIMONO MASTERPIECES
TOKYO, Feb 21 (Bernama-BUSINESS WIRE) -- Keio
Plaza Hotel Tokyo, one of Japan’s
most prestigious international hotels located in Shinjuku, Tokyo, will host its
annual spring art exhibition in theme of “Mt. Fuji,” which was registered as a
World Heritage Site in 2013. This year, various kimono artwork of renowned
artist Itchiku
Kubota, who revived the Tsujigahana
tie-dyeing technique of the Muromachi period (1338-1573), will be exhibited. In
addition, items from his collection of ancient glass bead will be displayed.
This exhibition, held from March 28 to April 30, will be free of charge to all
visitors.
SOLARWINDS UNVEILS THE NEXT GENERATION OF IT TROUBLESHOOTING AT CISCO LIVE EMEA 2017
The PerfStack dashboard, the latest innovation from the global market leader in network management software, enables IT administrators to identify, isolate, and troubleshoot performance problems in ways never before possible
SYDNEY, Australia, Feb 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today at Cisco Live&3174; EMEA 2017 unveiled its PerfStack&38482; dashboard, an entirely new way of visualising and correlating IT monitoring data to improve troubleshooting of performance issues across the IT environment, from infrastructure to applications. A significant update to the SolarWinds&3174; Orion™ platform, PerfStack is a new, highly customisable yet simple-to-build dashboard. It allows IT administrators to selectively drag and drop critical real-time and historical metrics from SolarWinds Orion platform-based products into a single pane to visualise the relationship between suspect elements. This innovative visualisation enables them to identify, isolate, and troubleshoot performance problems in ways never before possible.
"With hybrid IT, software-defined networking, hyperconvergence, and any number of other disruptive trends impacting today's IT environments, complex, multi-faceted performance issues that often transcend functional silos are more common than ever," said Christoph Pfister, executive vice president, products, SolarWinds. "In turn, troubleshooting to resolve these problems is growing increasingly difficult. Enter PerfStack. We're excited to show Cisco Live attendees how PerfStack, along with our complete portfolio of market-leading products, can help them break down the walls between functional roles, eliminate finger pointing, and solve performance problems faster. It is the next generation of IT troubleshooting."
SYDNEY, Australia, Feb 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today at Cisco Live&3174; EMEA 2017 unveiled its PerfStack&38482; dashboard, an entirely new way of visualising and correlating IT monitoring data to improve troubleshooting of performance issues across the IT environment, from infrastructure to applications. A significant update to the SolarWinds&3174; Orion™ platform, PerfStack is a new, highly customisable yet simple-to-build dashboard. It allows IT administrators to selectively drag and drop critical real-time and historical metrics from SolarWinds Orion platform-based products into a single pane to visualise the relationship between suspect elements. This innovative visualisation enables them to identify, isolate, and troubleshoot performance problems in ways never before possible.
"With hybrid IT, software-defined networking, hyperconvergence, and any number of other disruptive trends impacting today's IT environments, complex, multi-faceted performance issues that often transcend functional silos are more common than ever," said Christoph Pfister, executive vice president, products, SolarWinds. "In turn, troubleshooting to resolve these problems is growing increasingly difficult. Enter PerfStack. We're excited to show Cisco Live attendees how PerfStack, along with our complete portfolio of market-leading products, can help them break down the walls between functional roles, eliminate finger pointing, and solve performance problems faster. It is the next generation of IT troubleshooting."
A.M. BEST AFFIRMS CREDIT RATINGS OF ECICS LIMITED
SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of ECICS Limited (ECICS) (Singapore). The outlook of these Credit Ratings (ratings) is negative.
The rating affirmations reflect ECICS' strong balance sheet, underpinned by low underwriting leverage and a prudent investment portfolio.
The rating affirmations reflect ECICS' strong balance sheet, underpinned by low underwriting leverage and a prudent investment portfolio.
Monday, February 20, 2017
JOINT STATEMENT FROM UNILEVER PLC AND UNILEVER N.V. ("UNILEVER") AND THE KRAFT HEINZ COMPANY ("KRAFT HEINZ")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
PITTSBURGH & CHICAGO, Feb 20 (Bernama-BUSINESS WIRE) -- Unilever and Kraft Heinz hereby announce that Kraft Heinz has amicably agreed to withdraw its proposal for a combination of the two companies.
Unilever and Kraft Heinz hold each other in high regard. Kraft Heinz has the utmost respect for the culture, strategy and leadership of Unilever.
Unilever and Kraft Heinz hold each other in high regard. Kraft Heinz has the utmost respect for the culture, strategy and leadership of Unilever.
A.M. BEST PLACES CREDIT RATINGS OF TOWER INSURANCE LIMITED AND TOWER LIMITED UNDER REVIEW WITH DEVELOPING IMPLICATIONS
SINGAPORE, Feb 17 (Bernama-BUSINESS WIRE) -- A.M. Best has placed under review with developing implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" of TOWER Insurance Limited (TIL). A.M. Best also has placed under review with developing implications the Long-Term ICR of "bbb-" of TIL's ultimate parent, TOWER Limited (TL). Both companies are domiciled in New Zealand.
The Credit Rating (rating) actions follow the announcement that TL and Fairfax Financial Holdings Limited (Fairfax) have entered into an agreement under which Fairfax will acquire 100% of TL shares at NZD 1.17 per share, for an aggregate purchase price of NZD 197 million.
The Credit Rating (rating) actions follow the announcement that TL and Fairfax Financial Holdings Limited (Fairfax) have entered into an agreement under which Fairfax will acquire 100% of TL shares at NZD 1.17 per share, for an aggregate purchase price of NZD 197 million.
STRONG GROWTH PREDICTED FOR ASIA DATA CENTER MARKET
BroadGroup’s Datacloud Asia, Singapore, 23rd February
2017 debates enterprise infrastructure opportunities in the region
LONDON & SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) -- BroadGroup, the international event company suggests in new research that the market in Asia continues to expand with growth in capacity and power availability across all countries over the next three years, included in the study. In countries such as Malaysia, growth could be as high as 36%. Outsourcing to third party data centers by companies local to the region is also expected to be sustained. The firm also points to Industry estimates which suggest that around 70 hyperscale data centers are planned for deployment in Asia over the next 3 years.
Friday, February 17, 2017
CITY FOOTBALL GROUP HELPS EMPLOYEES SCORE GOALS WITH SAP® SUCCESSFACTORS® SOLUTIONS
SOUTH SAN FRANCISCO, Calif., Feb 16 (Bernama-GLOBE NEWSWIRE) -- SAP SE (NYSE:SAP) today announced that City Football Group has implemented SAP® SuccessFactors® human capital management (HCM) solutions to help manage its growing international workforce. City Football Group, home to internationally renowned football clubs including Manchester City, New York City FC, Melbourne City FC and Yokohama F. Marinos, is working with SAP to increase operational efficiency and consistency across its global workforce to empower employees with self-service and collaboration tools to help enhance productivity and engagement.
"As an international sports brand with teams in multiple markets, ensuring that all of our employees feel invested in our overall success is a top priority for our organization," said Andy Young, CFO of City Football Group. "The implementation of SAP SuccessFactors solutions has helped us simplify and consolidate our HR processes. By giving employees the mobility and flexibility to access the system from anywhere and on any type of device, we can communicate and engage with our people all over the world in new and dynamic ways. We're committed to attracting, developing and retaining the best talent around the world, and having the right technology solutions is a critical part of achieving that."
"As an international sports brand with teams in multiple markets, ensuring that all of our employees feel invested in our overall success is a top priority for our organization," said Andy Young, CFO of City Football Group. "The implementation of SAP SuccessFactors solutions has helped us simplify and consolidate our HR processes. By giving employees the mobility and flexibility to access the system from anywhere and on any type of device, we can communicate and engage with our people all over the world in new and dynamic ways. We're committed to attracting, developing and retaining the best talent around the world, and having the right technology solutions is a critical part of achieving that."
NOMURA RESEARCH INSTITUTE AWARDED "BEST UTILITIES TECHNOLOGY" AT 2017 FUND TECHNOLOGY AND WSL AWARDS
NEW YORK, Feb 16 (Bernama-BUSINESS WIRE) -- Nomura Research Institute (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, today announced its Valuable OTC Products and Liquidity Control System (VOLCS) has been awarded the Best Utilities Technology at the 2017 Fund Technology and WSL Awards.
Thursday, February 16, 2017
TIME INC. PARTNERS WITH DESIGNSINGAPORE COUNCIL FOR INNOVATION BY DESIGN CONFERENCE DURING 2017 SINGAPORE DESIGN WEEK, MARCH 7-8
Event Will Feature Conversations with Design and Business Leaders Presented By Time Inc.'s Time, Fortune and Wallpaper* Brands
SINGAPORE, Feb 15 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE:TIME) is partnering with DesignSingapore Council for the Innovation By Design Conference during the fourth-annual Singapore Design Week (SDW). The two-day conference, which is the feature conference of SDW, will take place March 7 and 8 at the Hotel Fort Canning in Singapore and feature programming from Time Inc.'s Time, Fortune and Wallpaper* brands.
SINGAPORE, Feb 15 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE:TIME) is partnering with DesignSingapore Council for the Innovation By Design Conference during the fourth-annual Singapore Design Week (SDW). The two-day conference, which is the feature conference of SDW, will take place March 7 and 8 at the Hotel Fort Canning in Singapore and feature programming from Time Inc.'s Time, Fortune and Wallpaper* brands.
Wednesday, February 15, 2017
UNISYS UNVEILS ELEVATE(TM) BY UNISYS, AN OMNICHANNEL DIGITAL BANKING PLATFORM DESIGNED FOR FINANCIAL INSTITUTIONS TO DELIVER INSTANTLY SECURE ANYTIME, ANYWHERE BANKING
SYDNEY, Australia, Feb 16 (Bernama-AsiaNet) --
New software-led solution allows banks to personalise and differentiate services for an improved customer experience
Unisys Corporation (http://www.unisys.com/) (NYSE: UIS) today announced the launch of Elevate(TM) by Unisys (http://www.unisys.com/elevate), an end-to-end, digital banking software platform and suite of applications designed to help financial institutions deliver an instantly secure, omnichannel banking experience to their customers. As a result, customers will be able to pay their bills on the go, transfer funds and apply for loans and mortgages anytime, anywhere – regardless of whether they are doing so on a mobile device or tablet, via an internet browser or inside a branch.
"Elevate will allow banks and building societies to deliver a secure, frictionless banking experience to their customers," said Eric Hutto, senior vice president and president, Enterprise Solutions, Unisys. "People increasingly want to bank in a manner that fits with their lifestyle, so having a secure, integrated digital banking platform will increase customer satisfaction and brand loyalty - by empowering today's digital customer."
New software-led solution allows banks to personalise and differentiate services for an improved customer experience
Unisys Corporation (http://www.unisys.com/) (NYSE: UIS) today announced the launch of Elevate(TM) by Unisys (http://www.unisys.com/elevate), an end-to-end, digital banking software platform and suite of applications designed to help financial institutions deliver an instantly secure, omnichannel banking experience to their customers. As a result, customers will be able to pay their bills on the go, transfer funds and apply for loans and mortgages anytime, anywhere – regardless of whether they are doing so on a mobile device or tablet, via an internet browser or inside a branch.
"Elevate will allow banks and building societies to deliver a secure, frictionless banking experience to their customers," said Eric Hutto, senior vice president and president, Enterprise Solutions, Unisys. "People increasingly want to bank in a manner that fits with their lifestyle, so having a secure, integrated digital banking platform will increase customer satisfaction and brand loyalty - by empowering today's digital customer."
LUXURY AND WELLNESS REDEFINE THE FUTURE OF FASHION, SAYS EUROMONITOR
LONDON, Feb 14 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International presented new research at the press briefing 'What's next for athleisure and how luxury is stepping it up.' According to Euromonitor analysts, the growth in global wealth is underwriting luxury lifestyle and wellness trends, as consumer interest veers towards experiences rather than personal luxury goods.
Fflur Roberts, head of luxury goods at Euromonitor International comments, "The more global wealth grows, the more people will look for experiences. It’s very much about status as they want to show they care about their bodies and self-preservation, which is why more people are health conscious about what they do, eat and wear."
Fflur Roberts, head of luxury goods at Euromonitor International comments, "The more global wealth grows, the more people will look for experiences. It’s very much about status as they want to show they care about their bodies and self-preservation, which is why more people are health conscious about what they do, eat and wear."
A.M. BEST WITHDRAWS CREDIT RATINGS OF NEW ZEALAND LOCAL GOVERNMENT INSURANCE CORPORATION LIMITED
SINGAPORE, Feb 14 (Bernama-BUSINESS WIRE) -- A.M. Best has withdrawn the Financial Strength Rating of B (Good) and the Long-Term Issuer Credit Rating of "bbb-" of New Zealand Local Government Insurance Corporation Limited (New Zealand), also known as Civic Assurance (Civic).
Tuesday, February 14, 2017
SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES YEAR-END RESERVES UPDATE
DENVER, Feb 13 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, is pleased to announce its proved reserves as December 31, 2016. Sundance’s estimated proved reserves were prepared by Ryder Scott Company, L.P.
Sunday, February 12, 2017
BIOLINE LAUNCHES NEW JETSEQ™ DNA LIBRARY PREPARATION KITS
CINCINNATI, Feb 10 (Bernama-GLOBE NEWSWIRE) -- Bioline, The PCR Company, a wholly-owned subsidiary of Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced the expansion of the JetSeq™ DNA Library Preparation portfolio for Next Generation Sequencing (NGS) sample preparation.
Developed in collaboration with Oxford Gene Technology (OGT), the new JetSeq™ DNA Library Preparation Kits use pre-optimized buffers to provide maximum reaction efficiency and highest conversion rates, enabling the preparation of the highest quality NGS sequencing-ready, adapter-ligated DNA for Illumina's Next Generation Sequencers. A combination of end repair and A-tailing followed by direct ligation of customer supplied adapters, reduces clean-up steps and hands-on time; significantly improving the yield and quality of sequence-ready libraries, reducing the amount of DNA required. The new kits are supplied either with polymerase, for PCR amplification with lower starting material, or PCR-free kit where starting material is not limited.
Developed in collaboration with Oxford Gene Technology (OGT), the new JetSeq™ DNA Library Preparation Kits use pre-optimized buffers to provide maximum reaction efficiency and highest conversion rates, enabling the preparation of the highest quality NGS sequencing-ready, adapter-ligated DNA for Illumina's Next Generation Sequencers. A combination of end repair and A-tailing followed by direct ligation of customer supplied adapters, reduces clean-up steps and hands-on time; significantly improving the yield and quality of sequence-ready libraries, reducing the amount of DNA required. The new kits are supplied either with polymerase, for PCR amplification with lower starting material, or PCR-free kit where starting material is not limited.
TECHTARGET EXPANDS PRIORITY ENGINE COVERAGE TO DELIVER PURCHASE INTENT INSIGHT TO ASIA PACIFIC-FOCUSED B2B TECH MARKETING AND SALES TEAMS
Intent-driven platform now available in ANZ, ASEAN and India
NEWTON, Mass., Feb 10 (Bernama-BUSINESS WIRE) -- Purchase intent-driven marketing and sales services company TechTarget, Inc. (Nasdaq: TTGT) today announced that its Priority Engine platform now supports APAC-focused marketing and sales teams. The data and marketing analytics offering ranks accounts based on their purchase behavior around specific enterprise technologies and delivers precise contact information on prospects actively researching enterprise technology purchases across TechTarget's extensive network of more than 140 technology-specific editorial sites. New data subscriptions are now available for ASEAN countries, Australia, New Zealand and India that offer dramatic effectiveness benefits for account-based marketing (ABM), broad-based demand generation and related sales and marketing efforts to global and regional B2B technology vendors alike.
"This new release of Priority Engine gives APAC-focused marketers, whether they are in-region or centralized, a new source of high quality contact insight at a great cost-per-contact together with the real data-driven insight at the account level that successful ABM efforts require," said Bill Crowley, TechTarget senior vice president, international. "The offering is achieving remarkable success with our North American and EMEA-focused marketers, so we are especially glad to now get this into the hands of APAC-focused teams."
NEWTON, Mass., Feb 10 (Bernama-BUSINESS WIRE) -- Purchase intent-driven marketing and sales services company TechTarget, Inc. (Nasdaq: TTGT) today announced that its Priority Engine platform now supports APAC-focused marketing and sales teams. The data and marketing analytics offering ranks accounts based on their purchase behavior around specific enterprise technologies and delivers precise contact information on prospects actively researching enterprise technology purchases across TechTarget's extensive network of more than 140 technology-specific editorial sites. New data subscriptions are now available for ASEAN countries, Australia, New Zealand and India that offer dramatic effectiveness benefits for account-based marketing (ABM), broad-based demand generation and related sales and marketing efforts to global and regional B2B technology vendors alike.
"This new release of Priority Engine gives APAC-focused marketers, whether they are in-region or centralized, a new source of high quality contact insight at a great cost-per-contact together with the real data-driven insight at the account level that successful ABM efforts require," said Bill Crowley, TechTarget senior vice president, international. "The offering is achieving remarkable success with our North American and EMEA-focused marketers, so we are especially glad to now get this into the hands of APAC-focused teams."
Friday, February 10, 2017
ISETAN THE JAPAN STORE KUALA LUMPUR, LAUNCHED LAST AUTUMN, SET TO OPEN AUTHENTIC JAPANESE RESTAURANTS ON FEBRUARY 17, 2017
TOKYO, Feb 10 (Bernama-AsiaNet) --
- Store Specializing in Outstanding Japanese Products, Ideas and Services -
"ISETAN The Japan Store Kuala Lumpur," the world's first Japanese lifestyle specialty store launched in Malaysia by Isetan Mitsukoshi Holdings Ltd. last autumn, is set to open five authentic Japanese restaurants at 11 a.m. on February 17, 2017.
The store was opened in collaboration with Cool Japan Fund on October 27, 2016. To cater for the increasing global interest in Japan, the store brings products and services that represent Japan's way of living to overseas customers. This store aims to be a go-to center, exposing people abroad to all aspects of Japan's rich history, culture, technology and diversity. ISETAN wishes to inspire the daily lives of its customers, starting with Malaysia before expanding its wings to other countries.
- Store Specializing in Outstanding Japanese Products, Ideas and Services -
"ISETAN The Japan Store Kuala Lumpur," the world's first Japanese lifestyle specialty store launched in Malaysia by Isetan Mitsukoshi Holdings Ltd. last autumn, is set to open five authentic Japanese restaurants at 11 a.m. on February 17, 2017.
The store was opened in collaboration with Cool Japan Fund on October 27, 2016. To cater for the increasing global interest in Japan, the store brings products and services that represent Japan's way of living to overseas customers. This store aims to be a go-to center, exposing people abroad to all aspects of Japan's rich history, culture, technology and diversity. ISETAN wishes to inspire the daily lives of its customers, starting with Malaysia before expanding its wings to other countries.
TOURICO HOLIDAYS JOINS HOTELBEDS GROUP1
PALMA, Spain, Feb 10 (BUSINESS WIRE) -- Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced today plans for Tourico Holidays to merge with its Bedbank business unit.
Commenting on the news, Joan Vilà , Executive Chairman of Hotelbeds Group said: “With the backing of Cinven and CPPIB we are entering the next phase of our development since becoming an independent company back in September.
“Therefore it gives me great pleasure to announce that Tourico Holidays will join Hotelbeds Group. Tourico Holidays has a well-deserved reputation for excellence and innovation that I have respected for many years. I look forward to working with its experienced leadership team.
Source: Hotelbeds Group
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20170207006641/en
http://www.businesswire.com/news/home/20170207006641/en
ZOOM RUNS FASTER ON ARYAKA, PROVIDING FASTER VIDEO AND WEB CONFERENCING FOR JAS FORWARDING WORLDWIDE
Worldwide leader in freight forwarding and logistics uses Aryaka Global SD-WAN to bridge global offices and increase productivity
MILPITAS, Calif., Feb 8 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that JAS Forwarding Worldwide, one of the global leaders in freight forwarding and logistics, is using Aryaka’s global SD-WAN solution to speed up the performance and improve the quality of Zoom’s video conferencing service for executives and employees around the world.
“Once we put Zoom and Aryaka together, it allowed us to connect our global offices more easily. The world just became much smaller,” explained Mark Baker, CIO of JAS Forwarding Worldwide.
MILPITAS, Calif., Feb 8 (Bernama-GLOBE NEWSWIRE) -- Aryaka®, the leading global SD-WAN provider, announced today that JAS Forwarding Worldwide, one of the global leaders in freight forwarding and logistics, is using Aryaka’s global SD-WAN solution to speed up the performance and improve the quality of Zoom’s video conferencing service for executives and employees around the world.
“Once we put Zoom and Aryaka together, it allowed us to connect our global offices more easily. The world just became much smaller,” explained Mark Baker, CIO of JAS Forwarding Worldwide.
XURA TO CHANGE COMPANY NAME TO MAVENIR SYSTEMS UPON COMPLETION OF MITEL MOBILE ACQUISITION
Mavenir brand to be showcased at Mobile World Congress 2017
WAKEFIELD, Mass., Feb 8 (Bernama-GLOBE NEWSWIRE) -- Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”) (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions the new combined company name will be Mavenir Systems, Inc. (“Mavenir Systems” or “Mavenir”). Affiliates of Xura completed the previously announced acquisition of Ranzure Networks on February 1, 2017. The acquisition of Mitel Mobile by affiliates of Xura remains subject to customary closing conditions and is expected to close in the first quarter of 2017.
Xura’s CEO, Pardeep Kohli, formerly CEO of Mitel Mobile’s predecessor (also named Mavenir Systems) and Co-Founder and CEO of Ranzure Networks, will lead the new company under the reactivated Mavenir name.
WAKEFIELD, Mass., Feb 8 (Bernama-GLOBE NEWSWIRE) -- Following the announcement in December 2016 that affiliates of Xura entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”) (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. (“Ranzure”), today Xura announces that upon completion of the transactions the new combined company name will be Mavenir Systems, Inc. (“Mavenir Systems” or “Mavenir”). Affiliates of Xura completed the previously announced acquisition of Ranzure Networks on February 1, 2017. The acquisition of Mitel Mobile by affiliates of Xura remains subject to customary closing conditions and is expected to close in the first quarter of 2017.
Xura’s CEO, Pardeep Kohli, formerly CEO of Mitel Mobile’s predecessor (also named Mavenir Systems) and Co-Founder and CEO of Ranzure Networks, will lead the new company under the reactivated Mavenir name.
Wednesday, February 8, 2017
SPRINGFIELD LAND CORPORATION, AND CHINESE COMPANIES R&F PROPERTIES AND ETONE PARTNER TO DELIVER MAJOR APARTMENT DEVELOPMENT PROJECT WITH AN END VALUE OF AUD$6.3 BILLION
BRISBANE, Feb 8 (Bernama-AsiaNet) -- Springfield Land Corporation (SLC), the multi-award winning city developer of Greater Springfield, is pleased to announce that it has signed a development agreement with Chinese development and investment groups Guangzhou R&F Properties Co., Limited (R&F Properties) and Etone Australia Holdings (Etone) to deliver a major medium-to-high density apartment project. The significant residential development, to be known as Central Gardens, is located adjacent to the rail station and transit hub in the heart of Greater Springfield and will comprise approximately 10,000 apartments plus ancillary commercial and retail space. The estimated end value is more than $6 billion.
Tuesday, February 7, 2017
TOSHIBA LAUNCHES 8TB HDD FOR NAS APPLICATIONS
TOKYO,
Feb 8 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's
(TOKYO:6502) Storage & Electronic Devices Solutions Company today announced
the launch of a new line-up of HDDs, "MN Series", for network
attached storage (NAS) applications. Shipments start from today.
The new "MN Series" HDD line-up delivers up to 8TB[1] capacity in a 3.5-inch[2] form factor with a SATA interface. The drives are designed for 24/7 power-on operation and have a rated annual workload of 180TB[3] transferred. They feature rotational vibration compensation technology and are suitable for use in home NAS and small office/home office (SOHO) NAS applications. The drives also have an 128MiB[4] buffer, and the 8TB model achieves a data transfer rate of 230 MiB/s[5].
COVISINT LAUNCHES THE MOST COMPLETE IOT PLATFORM FOR ENABLING DIGITAL TRANSFORMATION
DETROIT, Feb 7 (Bernama-GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) today announced the availability of the market's most complete IoT Platform for unlocking the full potential of IoT by enabling secure interactions across digital ecosystems of people, systems and things. The Covisint IoT Platform is particularly suited for global enterprises and technology partner organizations interested in strengthening their digital transformation initiatives and practices, as well as independent software vendors and end-customers seeking a highly-scalable, highly-secure open platform for development of enterprise IoT solutions.
ASCENTIAL PLC TO ACQUIRE MEDIALINK
LONDON, Feb 8
(Bernama-BUSINESS WIRE) -- Ascential plc, the global business-to-business
media company listed on the London Stock Exchange, today announced that it has
agreed to acquire 100% of MediaLink, a U.S.-based advisory and business
services firm.
A private company, MediaLink is a business that drives competitive advantage through advisory business services for a wide range of companies spanning early stage to established global entities across the media, marketing, advertising, entertainment and technology industries.
MERIDIAN BIOSCIENCE ANNOUNCES THE LAUNCH OF TRUQUICK(TM) RAPID TESTS FOR ASIA PACIFIC
| CINCINNATI, Feb 6 (Bernama-GLOBE NEWSWIRE) -- Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced the launch of TruQuick™, a comprehensive point-of-care product menu of rapid tests for the diagnosis of tropical, infectious, sexually transmitted, respiratory, gastrointestinal, cancer, and cardiac diseases. This product menu will enable Meridian to rapidly expand its product portfolio of high value rapid tests for its commercial operations in Asia Pacific and other emerging markets around the world. TruQuick™ is a qualitative lateral flow chromatographic immunoassay menu of over 60 products. TruQuick™ rapid tests can aid in the diagnosis of infectious pathogens and other important acute diseases in 10 to 20 minutes with high levels of accuracy and speed to results. Meridian understands the clinical testing requirements in Asia and other emerging markets for speed, sensitivity, specificity, and breadth of product line. |
FLIGHT RESEARCH, INC. COMPLETES WORLD'S FIRST SUPERSONIC CIVILIAN UPSET RECOGNITION AND RECOVERY TRAINING COURSE
The Flight Research Upset Recognition and Recovery Training
combats the number one cause of worldwide fatal aircraft accidents; Flight
Research, Inc. is the only provider of URRT in supersonic aircraft for
professional pilots
MOJAVE, Calif., Feb 7 (Bernama-GLOBE
NEWSWIRE) -- Flight Research instructor and former NASA astronaut Billy
Oefelien just gave a certificate of completion to the first ever civilian
professional pilot to complete upset training in supersonic flight. Oefelien
says, "It is a wonderful experience to train pilots to this ultimate level
of competence and prepare them to save lives through this course."
http://mrem.bernama.com/viewsm.php?idm=28395
Monday, February 6, 2017
UCAAS ADOPTION SURGES AS ENTERPRISES EMBRACE CLOUD, ACCORDING TO 2ND ANNUAL BROADSOFT GLOBAL BUSINESS SURVEY
More than half of businesses are expected to
adopt cloud unified communications by 2020; survey of global telecom providers
also points to accelerated adoption of cloud contact center and team
collaboration services
GAITHERSBURG, Md., Feb 6 (Bernama-GLOBE NEWSWIRE) -- More than half (51%) of businesses are expected to adopt cloud Unified Communications (UCaaS/Hosted PBX) by 2020, surpassing premise-based PBX as businesses of all sizes shift to the cloud for unified communications, team collaboration and contact center services, according to the 2nd Annual BroadSoft, Inc. (NASDAQ:BSFT) survey of global telecom providers and industry leaders.
QUALCOMM AND TDK ANNOUNCE LAUNCH OF JOINT VENTURE
— RF360 Holdings to Enable Delivery of RF
front-end (RFFE) modules and RF filters into fully integrated systems for
mobile devices, automotive and IoT —
SAN DIEGO & TOKYO, Feb 6 (Bernama-BUSINESS WIRE) -- Qualcomm Incorporated (NASDAQ:QCOM) and TDK Corporation (TOKYO:6762) today announced the completion of the previously announced joint venture under the name RF360 Holdings Singapore PTE. Ltd. (RF360 Holdings). The joint venture will enable Qualcomm’s RFFE Business Unit to deliver RF front-end (RFFE) modules and RF filters into fully integrated systems for mobile devices and fast-growing business segments, such as Internet of Things (IoT), automotive applications, connected computing, and more. The business being transferred constitutes a part of the TDK SAW Business Group activities.
Saturday, February 4, 2017
A.M. BEST AFFIRMS CREDIT RATINGS OF PINNACLE LIFE LIMITED
SINGAPORE, Feb 3 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Pinnacle Life’s low product risk profile, direct distribution capabilities and a lapse ratio consistently below the market average.
Pinnacle Life mainly underwrites simple life insurance in New Zealand’s term life market, relying primarily on the direct-to-consumer channel. In addition, the company continues to hold a stable market position in its targeted market.
Pinnacle Life mainly underwrites simple life insurance in New Zealand’s term life market, relying primarily on the direct-to-consumer channel. In addition, the company continues to hold a stable market position in its targeted market.
Thursday, February 2, 2017
TOSHIBA LAUNCHES 600V/650V SUPER JUNCTION N-CHANNEL POWER MOSFETS WITH IMPROVED EMI PERFORMANCE
TOKYO, Feb 2 (Bernama-BUSINESS WIRE) -- Toshiba
Corporation’s (TOKYO:6502) Storage
& Electronic Devices Solutions Company today announced the launch of
600V/650V super junction N-channel power MOSFETs with improved EMI performance
for use in industrial and office equipment. The new “DTMOS V series” will start
with a line-up of twelve products. Sample shipments start today with mass
production shipments scheduled for the middle of March.
The new series maintains the same level of low on-resistance and high speed switching performance of Toshiba’s current “DTMOS IV series,” while an optimized design process improves EMI performance by approximately 3 to 5dB[1]. Also, reducing the on-resistance per area (RON x A) performance made it possible to add a new 650V 0.29Ω product into the DPAK package line-up. Products in the new series are suited for use in power supplies for industrial and office equipment that require high efficiency and compact size, adaptors and chargers for notebook PCs and mobile devices, and PCs and printers.
NASDAQ REPORTS FOURTH QUARTER 2016 WITH RECORD REVENUES(1); ANNOUNCES SEGMENT REALIGNMENT AND REBRANDING OF FIXED INCOME
-Net revenues were a record $599 million in the fourth quarter of 2016, up 12% year-over-year. Subscription and recurring revenues2 in the fourth quarter of 2016 represented 75% of total net revenues.
-Revenues in non-trading segments3 in the fourth quarter of 2016 grew 11%, including organic revenue growth of 5%4.
-At December 31, 2016, the company achieved $38 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.
-Fourth quarter GAAP 2016 diluted loss per share was $1.35. Non-GAAP diluted EPS was $0.95. GAAP diluted EPS declined $2.23 from the fourth quarter of 2015, while non-GAAP diluted EPS increased $0.06, or 7%.
-Non-GAAP results exclude $646 million in pre-tax charges primarily related to the write-off of the eSpeed trade name.
-Nasdaq realigned reporting segments to better reflect client orientation. A new Corporate Services segment incorporates Listing Services and Corporate Solutions while Market Technology is now a stand-alone segment.
NEW YORK, Feb 2 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the fourth quarter of 2016. Fourth quarter net revenues were $599 million, up $63 million or 12% from $536 million in the prior year period, driven primarily by a $54 million positive impact from acquisitions. Organic growth in non-trading segments was 5%4 as compared to the fourth quarter of 2015.
-At December 31, 2016, the company achieved $38 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.
-Fourth quarter GAAP 2016 diluted loss per share was $1.35. Non-GAAP diluted EPS was $0.95. GAAP diluted EPS declined $2.23 from the fourth quarter of 2015, while non-GAAP diluted EPS increased $0.06, or 7%.
-Non-GAAP results exclude $646 million in pre-tax charges primarily related to the write-off of the eSpeed trade name.
-Nasdaq realigned reporting segments to better reflect client orientation. A new Corporate Services segment incorporates Listing Services and Corporate Solutions while Market Technology is now a stand-alone segment.
NEW YORK, Feb 2 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the fourth quarter of 2016. Fourth quarter net revenues were $599 million, up $63 million or 12% from $536 million in the prior year period, driven primarily by a $54 million positive impact from acquisitions. Organic growth in non-trading segments was 5%4 as compared to the fourth quarter of 2015.
KEIO PLAZA HOTEL TOKYO HOSTS HINAMATSURI GIRLS' DOLLS FESTIVAL EXHIBITION
Displaying 6,500 Hanging Decorations and
Japanese Bonsai
TOKYO, Feb 2 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan's most prestigious international hotels located in Shinjuku, Tokyo, will host a special exhibition of traditional Japanese arts to celebrate traditional Hinamatsuri girls' doll festival by displaying various traditional art ornaments in the hotel from February to March, 2017. This annually held exhibition has been extremely well received by guests, and this year features some 6,500 finely hand woven silk doll decorations, Japanese art ukiyoe items depicting scenes of "Japanese female culture", and "Bonsai" miniature decorative sculptured plants to give visitors a taste of Japan's traditional arts representative of the "Hinamatsuri Girls' Doll Festival".
AG&P SIGNS MOU WITH HINDUSTAN LNG TO BUILD A NEW LNG IMPORT TERMINAL IN ANDHRA PRADESH
| Landmark agreement paves the way for delivery of lower-cost tolled gas to power plants and other users across India’s East Coast
NEW DELHI, Jan 31 (Bernama-BUSINESS WIRE) -- AG&P (Atlantic, Gulf and Pacific Company), the leading global integrator of LNG infrastructure solutions including LNG terminals and the supply chains that emanate from them, and Hindustan LNG (HLNG), a Hyderabad-based LNG import terminal development company, have signed a Memorandum of Understanding (MoU) to supply tolled gas to power stations in the East Godavari region of Andhra Pradesh, India. Under the agreement, AG&P will provide an integrated solution to deliver regasified LNG through a new LNG import terminal that AG&P will also design and build at the port in Andhra Pradesh.
|
Wednesday, February 1, 2017
NASDAQ CORPORATE SOLUTIONS AND EUROLAND IR PARTNER TO PROVIDE ENHANCED FEATURES FOR INVESTOR RELATIONS WEBSITES
STOCKHOLM, Sweden, Jan 31 (Bernama-GLOBE
NEWSWIRE) -- Nasdaq Corporate
Solutions announces its
partnership with Euroland IR to offer investor relations (IR) professionals
worldwide with enhanced features for their IR websites. The partnership was
formalized in December 2016 and brings comprehensive stock quotes, interactive
charting and other IR website modules to thousands of Nasdaq Corporate
Solutions clients across EMEA, Asia and the Americas. This upgrade for clients
is already underway and follows the release of Nasdaq’s next
generation IR website platform powered
by Drupal 8 open source technology.
A.M. BEST AFFIRMS CREDIT RATINGS OF FIDELITY LIFE ASSURANCE COMPANY LIMITED
SINGAPORE, Jan 31 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent)
and the Long-Term Issuer Credit Rating of “a-” of Fidelity Life
Assurance Company Limited (Fidelity Life) (New Zealand). The outlook
of these Credit Ratings (ratings) is stable.
The ratings reflect Fidelity Life’s strong risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), and favorable operating performance.
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