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  • Financial News
Financial News Press Release
  • BASF opens new headquarters building in Florham Park, New Jersey
  • BASF Corporation, New Jersey state officials, including Lt. Governor Kim Guadagno, and community representatives today celebrated the official opening of BASF’s new North American headquarters building at 100 Park Avenue in Florham Park, New Jersey.
  • May 05, 2012
  • Tri-River Ventures Inc. - Company Update
  • Concurrent with the posting of the audited financial statements and management discussion and analysis of Tri-River Ventures Inc. (the "Company") (TSX.V Symbol: TVR.V), the Company wishes to provide the following property update.
  • May 05, 2012
  • Exploring India in a Tata Nano
  • Mr. Thomas Chacko, a Kochi-based, 62-year old, motoring enthusiast, today set on a 25,000, 80-day driving expedition in the Tata Nano 2012.
  • May 04, 2012
  • James Shannon named GlaxoSmithKline Chief Medical Officer
  • James Shannon has been named GSK’s Chief Medical Officer (CMO), effective 1 May. James will report to R&D Chairman Moncef Slaoui and be based in London. He will be accountable for medical governance and patient safety for all of GSK: Pharmaceuticals, Consumer Healthcare, Vaccines and the global businesses.
  • May 04, 2012
  • Delcam makes first sale with robot integrator CNC Robotics
  • Delcam announced the appointment of CNC Robotics as its first robot integrator in the UK during the MACH exhibition, with the new partnership confirming its first sale, to Honeyring Ltd, during the show. Under the agreement, CNC Robotics will supply the PowerMILL Robot Interface with both new and reconditioned robots.
  • May 03, 2012
  • Delcam’s aerospace software and services on show at Farnborough
  • Delcam will promote its wide range of software and services for aerospace manufacturers on the Midlands Aerospace Alliance stand at the Farnborough Air Show to be held from 9th to 13th July. The company offers a range of solutions to help companies to increase productivity, reduce lead times and improve quality and consistency.
  • May 02, 2012
  • Hemisphere GPS Announces New Snow Grooming Guidance and Snow Depth System
  • From the Canada West Ski Areas Association (CWSAA) Spring Conference, Hemisphere GPS announces today the EquiPiste™ integrated snow grooming management system. EquiPiste provides visual guidance, snow depth status and event logging for snow grooming operators, mountain managers and snow road operations.
  • May 02, 2012
  • Future AM standardises on Delcam software for CAM and inspection
  • The largest order placed on Delcam’s stand at MACH came from Future Advanced Manufacture Ltd, which has standardised on Delcam software for its CAM and inspection needs within its production facility. The company will replace its existing range of software with PowerMILL for five-axis machining, FeatureCAM for turning and turn-mill equipment, and PowerINSPECT for inspection.
  • May 01, 2012
  • Tata Motors April sales at 60,086 nos.
  • Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in April 2012 were 60,086 vehicles, lower by 7% over April 2011. The company's domestic sales of Tata commercial and passenger vehicles for April 2012 were 57,305 nos., lower by 5% over 60,125 nos., sold in April last year.
  • May 01, 2012
  • BASF relocates production of Kolliphor TPGS to its Minden site
  • BASF will transfer the pharmaceutical production of KolliphorTM TPGS (Speziol® TPGS Pharma, vitamin E polyethylene glycol succinate), manufactured at the company’s Kankakee, Illinois (USA), site, to its Minden, Germany, facility. The transition is expected to be completed by the first quarter of 2014.
  • April 30, 2012
  • Rezidor announces the Park Inn by Radisson Glasgow City Centre
  • The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, announces the Park Inn by Radisson Glasgow City Centre. The property featuring 91 rooms is scheduled to open in Q1 2013.
  • April 30, 2012
  • Delcam software works for Omega Tool
  • According to Calvin Matte, Advance Design Engineer at Omega Tool Corp., the biggest benefit of owning Delcam’s CADCAM software is that the company does an excellent job of ensuring that the products it sells to its customers work consistently and reliably.
  • April 27, 2012
  • Tata Motors Full Throttle launches Driving Expeditions for Tata Motors Utility Vehicle owners
  • Tata Motors Full Throttle, a motorsport division of Tata Motors, today announced the launch of its Driving Expedition series, called the Tata Motors Full Throttle Experience, for owners of Tata Motors utility vehicles. Through these adventurous expeditions Tata Motors will offer a platform to all its utility vehicle owners to experience the capability of their vehicles.
  • April 27, 2012
  • Delcam to offer free data translation through Facebook
  • Delcam will offer free use of its pay-as-you-go, online data-exchange service, Delcam Exchange, through its Facebook page. The normal fee of £34 (approximately US$50) per model will be waived for anyone who likes Delcam on its Facebook page at www.Facebook.com/DelcamAMS.
  • April 26, 2012
  • BASF acquires Novolyte Technologies
  • BASF, Arsenal and Foosung today announced BASF’s acquisition of Novolyte Technologies, based in Cleveland, Ohio (USA). Novolyte is a manufacturer of electrolyte formulations for lithium-ion batteries, as well as specialty chemicals for several key market segments. With 167 employees, Novolyte operates sites in the United States and China.
  • April 26, 2012
  • Delcam and Mazak to demonstrate how to do “More with Mazak”
  • Delcam will be partnering with Mazak at the machine-tool builder’s "More with Mazak” manufacturing technology exhibition to be held from 8th to 10th May at its Northeast Regional Headquarters and Technology Center in Windsor Locks, Connecticut.
  • April 25, 2012
  • Delcam’s all-new CAM to be shown in New Zealand
  • Camplex, Delcam’s reseller in New Zealand and Australia, will demonstrate the latest versions of the Delcam range of CAM software at the EMEX exhibition to be held in Auckland from 1st to 3rd May.
  • April 24, 2012
  • Gold Fields Announces Form 20-F Filing
  • Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) announces that it has filed its annual report on Form 20-F for the year ended 31 December 2011 with the U.S. Securities and Exchange Commission (SEC). The document can be accessed on the SEC's EDGAR system or the Gold Fields website at http://www.goldfields.co.za.
  • April 24, 2012
  • CommBank Kaching lifts the lid on Australia’s Informal Borrowing Network
  • ccording to a new study released today by CommBank Kaching, the average Australian borrows more than $200 from their nearest and dearest every month, equating to over $1.6 billioni. This billion dollar exchange between friends, family and colleagues is being dubbed the ‘Australian Informal Borrowing Network’ (AIBN).
  • April 23, 2012
  • Tata Motors signs cooperation agreement with DRB-HICOM's Defence Technologies (DEFTECH)
  • Tata Motors and DRB-HICOM Defence Technologies Sdn Bhd (DEFTECH), a wholly-owned subsidiary of DRB-HICOM Berhad, Malaysia, have signed a Cooperation Agreement to enable both DEFTECH and Tata Motors to develop, promote and market Tata Motors high mobility 4x4 trucks with payloads ranging from 2.5 tonnes to 5.0 tonnes, for the Armed forces of Malaysia.
  • April 23, 2012
  • Rezidor’s Nominating Committee supplements its proposal
  • The Nominating Committee of Rezidor Hotel Group AB (“Rezidor”) consists of William Van Brunt representing the Carlson group as Chairman, Jan Andersson representing Swedbank Robur funds and Peter van Berlekom representing Nordea Investment Funds.
  • April 21, 2012
  • Vince Cable visits Delcam at MACH
  • A successful MACH for Delcam was capped on Thursday with a visit from the Rt. Hon. Dr. Vince Cable, the UK Secretary of State for Business, Innovation and Skills. The visit to the Delcam stand was part of a tour of the exhibition during which Dr. Cable met with a number of advanced manufacturing companies to discuss how to build upon the sector’s strengths.
  • April 20, 2012
  • Recovery consolidates as business sales continue to rise
  • The recovery in economy-wide spending appears to have consolidated with business sales rounding out the first quarter of 2012 in positive territory, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
  • April 20, 2012
  • Columbia State Bank Welcomes Gary Abramson as Residential Lending Officer
  • Columbia State Bank announces Gary Abramson as residential loan officer of Portland’s Gateway branch. In his new position, Gary will be working as a trusted advisor to all bank customers seeking mortgage loan information in the Western Oregon and Southwest Washington regions.
  • April 20, 2012
  • Uwe Tigges appointed member of RWE AG Executive Board
  • At its meeting today, the Supervisory Board of RWE AG appointed Uwe Tigges member of the Executive Board of RWE AG with effect on 1 January 2013. On 1 April 2013, Uwe Tigges will succeed Alwin Fitting as Chief Human Resource Officer. Alwin Fitting will retire at the end of his 60th year on 31 March 2013.
  • April 19, 2012
  • GSK confirms offer to acquire Human Genome Sciences for US$13.00 per share in cash
  • GlaxoSmithKline plc (LSE: GSK) today confirms that it made an offer to the Board of Directors of Human Genome Sciences (HGS, NASDAQ: HGSI) on 11th April proposing to acquire all of the outstanding shares of HGS for US$13.00 per share in cash, representing a 81 percent premium to yesterday’s closing share price. The letter sent to HGS detailing the offer is attached below.
  • April 19, 2012
  • Kurt Ritter a New Member of British Travel Industry Hall of Fame
  • Rezidor's President & CEO Kurt Ritter is a new member of the British Travel Industry Hall of Fame. The prestigious award was presented at the Hall of Fame's Annual Dinner at the Savoy Hotel in London yesterday, and honours Ritter “for having created a major and highly successful leading organisation in the global travel and hospitality industry”.
  • April 18, 2012
  • Delcam’s latest CAM systems to be shown at AUSTECH
  • Delcam’s latest CAM systems to be shown at AUSTECH Camplex, Delcam’s reseller in New Zealand and Australia, will demonstrate the latest versions of the Delcam range of CAM software at the AUSTECH exhibition to be held in Sydney from 8th to 11th May.
  • April 17, 2012
  • RWE Dea launches seismic surveys in Caspian Sea
  • Within the scope of its exploration activities, RWE Dea is set to begin its seismic acquisition program off the Turkmenian coast in the Caspian Sea. A subsequent exploration well is scheduled to be drilled in 2013.
  • April 17, 2012
  • AboveNet to Deliver Internet Connectivity to Internet Unie
  • AboveNet Inc., (NYSE:ABVT), a leading provider of high bandwidth connectivity solutions, today announced it will provide Internet Unie with high speed internet access connections at Switch Datacentre in Amsterdam. The AboveNet solution provided is tailored to the ISP market and part of their compelling ISP portfolio.
  • April 17, 2012
  • BBVA names Garanti’s Sezgin head of Global Payment Systems
  • BBVA named Mehmet Sezgin from Turkiye Garanti Bankasi as head of Global Payment Systems. Garanti is one of the world’s most advanced banks in payment systems and the appointment will help BBVA accelerate the addition of new applications to all its markets.
  • April 16, 2012
  • Bankers Petroleum exploration well update
  • Bankers Petroleum Ltd. ("Bankers" or the "Company") (TSX: BNK, AIM: BNK) reports that the Ardenica exploration well on Block "F" in Albania reached total depth of 2,030 meters on April 11.
  • April 14, 2012
  • Delcam’s Vortex headed for MFG4
  • Delcam will preview its new Vortex strategy for high-speed area clearance on booth 1736 at MFG4, the manufacturing for the future event to be held at the Connecticut Convention Center in Hartford CT from 8th to 10th May.
  • April 13, 2012
  • Rezidor announces the Park Inn by Radisson Sousse, Tunisia
  • Rezidor, one of the fastest growing hotel companies worldwide and member of the Carlson Rezidor Hotel Group, announces its 4th hotel in Tunisia: The Park Inn by Radisson Sousse featuring 234 keys is scheduled to welcome the first guests in autumn 2013.
  • April 13, 2012
  • Rezidor: 1,000 new rooms opened and 1,400 rooms signed in Q1 2012
  • Rezidor opened four new hotels with close to 1,000 rooms, and contracted six new hotels with over 1,400 rooms, in the first quarter of 2012. The new hotels include the company’s very first projects in the African countries of Guinea and Gabon.
  • April 12, 2012
  • Delcam adds new roughing and finishing strategies to PowerMILL
  • The 2012 R2 version of Delcam’s PowerMILL CAM system for high-speed and five-axis machining includes new and enhanced strategies for both roughing and finishing. Full details of both the 2012R1 and R2 releases, including videos demonstrating the new functionality, can be seen on http://Lz.powermill.com.
  • April 11, 2012
  • GTBank introduces e-Account for salary earners
  • Guaranty Trust Bank plc has introduced a new virtual account as part of its efforts to cater to the banking needs of all segments of the Nigerian populace. The new ‘GTBank e-Account’ which was launched recently is not only COT free but also offers a 0.5% interest rate above savings account interest rates.
  • April 11, 2012
  • BBVA Research: "Spain records highest euro zone productivity growth, up 11.1% since 2008"
  • According to BBVA Research’s latest Economic Watch, Spain is regaining competitiveness and productivity the quickest of all the euro zone countries which could put the economy “on the path to sustained recovery.” Over the past four years Spain has recovered much of the competitiveness lost the previous decade by increasing productivity per worker and price and cost competitiveness.
  • April 10, 2012
  • IBM and ZSE Create Virtual Green Highway for Electric Vehicles
  • BM (NYSE:IBM) today announced it has teamed with Západoslovenská energetika, a.s. (ZSE), the largest distributor and supplier of electricity in Slovakia, on a smart energy “feasibility” study that will help prepare the capital city Bratislava for electric vehicles (EVs).
  • April 09, 2012
  • Delcam’s FeatureCAM leads to solar-powered success
  • Delcam’s feature-based machining software, FeatureCAM, is being used by Southwest Solar Technologies in Arizona to develop prototypes for a novel solar power generation system that could overcome the problems presented by other systems.
  • April 05, 2012
  • Delcam announces 50 partners at MACH
  • 50 of Delcam’s partner organisations, including many of the world’s leading providers of machine tools, cutting tools and inspection equipment, will exhibit at the MACH exhibition to be held at the NEC, Birmingham, from 16th to 20th April.
  • April 05, 2012
  • Delcam to show seven-in-one demonstration at Matsuura Open House
  • Delcam has developed programs in its PowerMILL software for high-speed and five-axis machining to highlight the capabilities of the Matsuura MX-520 five-axis machining centre with a seven-sided part that effectively combines seven demonstrations into one.
  • April 05, 2012
  • Delcam offers free computers at MACH
  • Delcam will include a free PC with all orders for more than £10,000 of the company’s software placed on stand 4011 during the MACH exhibition to be held in Birmingham from 16th to 20th April.
  • April 04, 2012
  • Tata Motors March sales at 100,414 nos.
  • Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in March 2012 were 100,414 vehicles, a growth of 20% over 83,363 vehicles sold in March 2011. The company's domestic sales of Tata commercial and passenger vehicles for March 2012 were 95,047 nos., a 23% growth over 77,431 nos. sold in March last year.
  • April 02, 2012
  • Delcam seeks more sales and support staff to continue growth
  • Delcam is adding more sales and support staff to many of its international subsidiaries to help the company continue its strong growth. Delcam recently announced that it achieved its highest ever annual sales in 2011, continuing a trend which has seen it set new record sales levels in each of the last four six-month periods.
  • March 31, 2012
  • Earth Hour 2012: More than 120 Rezidor hotels participating
  • More than 120 Radisson Blu- and Park Inn by Radisson hotels across Europe, the Middle East and Africa participate in Earth Hour 2012: This coming Saturday at 8:30 pm they turn off their non-essential lights and other electrical appliances in order to raise awareness for the need to take action against climate change.
  • March 31, 2012
  • RWE Innogy erects wind farm in Juchen and Horup with most powerful REpower onshore systems
  • Yesterday, RWE Innogy and REpower signed the contracts for the delivery of three onshore wind turbines of the 3 MW class. They are the most powerful onshore wind power systems of the plant manufacturer, which will be erected in the planned wind farm at Juchen in the Rhenish mining area and in the repowering project at Horup in Schleswig-Holstein.
  • March 31, 2012
  • RWE successfully places hybrid bond in Asia
  • RWE today launched a hybrid bond with a volume of 500 million USD. It was aimed primarily at Asian investors in Hong Kong and Singapore and was more than four times oversubscribed. The RWE bond is the first hybrid bond from a European utility in the Asian capital market.
  • March 30, 2012
  • Delcam’s Vortex headed for Korea
  • Hankook Delcam will preview Delcam’s new Vortex strategy for high-speed area clearance on the largest stand of any CADCAM company at the SIMTOS exhibition to be held in Go-Yang City, Korea, from 17th to 22nd April.
  • March 28, 2012
  • Coutts settles with FSA over breach of principle 3
  • Coutts today announced that it has reached a settlement with the Financial Services Authority (FSA) following an investigation into Coutts & Co's anti-money laundering (AML) systems and controls in relation to high risk clients.
  • March 27, 2012
  • Delcam to show latest PowerINSPECT inspection software at MACH
  • Delcam will demonstrate the 2012 release of its PowerINSPECT inspection software on stand 4011 at the MACH exhibition to be held in Birmingham from 16th to 20th April. The new version includes a number of extra options to make inspection easier, plus the addition of basic reverse engineering functionality to the point-cloud module.
  • March 24, 2012
  • Carlson Rezidor global partner of World Clean Up 2012
  • The Carlson Rezidor Hotel Group, one of the ten largest hotel companies of the world, is a global partner of World Clean Up 2012, a campaign which aims to clean up illegal stray garbage in 100 countries and raise people’s awareness.
  • March 24, 2012
  • Notice to Attend the Annual General Meeting 2012
  • The shareholders of Rezidor Hotel Group AB (publ) (the “Company”) are hereby summoned to the Annual General Meeting of the shareholders to be held on Wednesday 25 April 2012, 10 am CEST, at Radisson Blu Strand Hotel, Nybrokajen 9 in Stockholm. Registration for the meeting will commence at 8.30 am CEST.
  • March 24, 2012
  • Delcam announces record sales and profits in 2011
  • Birmingham-based CADCAM developer Delcam has announced that it achieved record sales of £41.9 million and record profits of £3.73 million for 2011. Sales increased by 14% over the previous record set in 2010, with growth seen in most of the company’s international markets.
  • March 23, 2012
  • Australian businesses to gain faster access to $10 billion
  • Commonwealth Bank merchant customers are now benefiting from faster access to their money, with the Bank to provide businesses with same day access to approximately $10 billion* across weekends and public holidays over the next twelve months. Everyday Settlement has been successfully introduced to over 100,000 merchants who now get same day access to their funds, seven days a week, 365 days a yea
  • March 23, 2012
  • The Art of Reinforcement
  • The new Opel Astra OPC, a sport coupe, which was introduced at the Geneva Auto Show at the beginning of March 2012, has a seat pan made from a thermoplastic laminate with continuous fiber reinforcement (organo sheet). This is the world's first auto seat pan based on this technology manufactured for a production vehicle.
  • March 22, 2012
  • World's first 6 megawatt turbine installed in Thornton Bank offshore wind farm
  • The world's most powerful offshore wind turbine has been installed today in the Belgian offshore wind farm Thornton Bank. The system of the manufacturer REpower Systems has a rated capacity of 6.15 megawatts (MW) and is the first of altogether 48 wind turbines of this type to be installed in the second and third development stage of the Thornton Bank wind farm off the Belgian coast.
  • March 22, 2012
  • Nigeria's GTBank targets loan growth, expansion
  • Nigeria's Guaranty Trust Bank (GT Bank) expects loan growth to top 16 percent in 2012, with return on equity of between 23 and 25 percent, while it starts expansion to French- speaking west Africa next month, the bank's chief executive said on Wednesday.
  • March 22, 2012
  • PETRONAS and BASF sign MoU to explore new joint investment
  • BASF and PETRONAS today signed a Memorandum of Understanding to undertake a joint feasibility study to produce specialty chemicals in Malaysia, a move that would extend the two parties’ existing business collaboration in the country. T he partners are considering a potential joint investment sum of approximately MYR 4.0 billion / € 1.0 billion.
  • March 21, 2012
  • Bonn residents will travel more comfortably with Basotect
  • Basotect ® is going to be used in Bonn’s trams to provide effective sound absorption and thermal insulation. In a large-scale project, the municipal works of the city in Western Germany will be modernizing 25 old trams over the next few years. “The prices of new vehicles have risen rapidly in recent years,” explains project manager Alexander Wingen from Bonn’s municipal works.
  • March 20, 2012
  • First Michelin star for “The Alcron” at Radisson Blu Hotel Prague
  • “The Alcron”, the fine dining restaurant at the Radisson Blu Hotel Prague has been awarded with its first Michelin star. The intimate restaurant featuring 24 seats only is headed by Czech chef Roman Paulus and offers an exclusive menu focused on fish and seafood.
  • March 20, 2012
  • Rezidor is one of the World's Most Ethical Companies 2012
  • The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide and a member of the Carlson Rezidor Hotel Group, remains one of the World’s Most Ethical Companies: The US-think tank Ethisphere Institute has awarded Rezidor for the third consecutive year for real and sustained ethical leadership.
  • March 20, 2012
  • Delcam’s Vortex headed for MACH
  • Delcam will preview its new Vortex strategy for high-speed area clearance on stand 4011 at the MACH exhibition to be held in Birmingham from 16th to 20th April. Vortex will be the major enhancement for the 2013 release of Delcam’s PowerMILL CAM system for high-speed and five-axis machining.
  • March 17, 2012