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  • Financial News
Financial News Press Release
  • Sharp improvement for China as 2012 ends
  • Chinese manufacturers enjoyed a strong end to the year with operating conditions improving at the fastest rate for 19 months, according to HSBC's latest Purchasing Managers' Index™.
  • January 02, 2013
  • NHI Sells New Jersey Facility For $23 Million
  • National Health Investors, Inc. announced today it has sold its 148-bed, Edison, New Jersey senior living campus for $23 million to its current tenant, Sunrise Senior Living, pursuant to a purchase option between the parties.
  • December 28, 2012
  • Duke Energy International to acquire additional Chilean assets
  • Duke Energy International (DEI), a subsidiary of Duke Energy Corporation, is pleased to announce the acquisition of CGE Group's Iberoamericana de Energía Ibener S.A. (Ibener) subsidiary in Chile, including hydroelectric generating assets with 140 megawatts of installed capacity, for $415 million.
  • December 27, 2012
  • Hankook Delcam wins Award for Excellence in Sustainability Management
  • Last month, Hankook Delcam, Delcam’s Joint Venture in South Korea, won the award for Excellence in Sustainability Management at the Corporate Sustainability Management Awards held by the South Korean Ministry of Knowledge and Economy and co-sponsored by the country’s Small and Medium Business Administrator.
  • December 24, 2012
  • PartMaker announces Road Show to promote 2013 release
  • Delcam’s PartMaker Division will host a nine-city tour across the USA, starting in January, to educate customers and prospective users on the new technology available in the new 2013 software release.
  • December 24, 2012
  • Kathrin Amacker leaving Swisscom
  • Kathrin Amacker-Amann, Head of Corporate Communications since autumn 2010 and Member of the Group Executive Board at Swisscom, will be leaving the company in 2013 at her own request.
  • December 24, 2012
  • Delcam’s new PartMaker CAM includes new machining module
  • Delcam has launched the 2013 version of its PartMaker CAM software for the programming of production-machining equipment such as turn-mill centres, bar-fed mills and Swiss-type lathes. Among a number of other enhancements, this new version features a totally revamped surface-milling module offering users some of the most powerful CAM algorithms on the market.
  • December 11, 2012
  • The hunt is on for the 'Biggest Fan' of the new Tata Safari Storme
  • The Tata Safari Storme is in search of its 'Biggest Fan', through a contest on Facebook. Through the 'Biggest Fan' contest, 3 winners will receive an opportunity to experience the thrills of off-roading, in the new Safari Storme. The contest is open to participants from Dec 10 - 20, 2012.
  • December 11, 2012
  • HSBC announces settlements with authorities
  • HSBC has reached agreement with United States authorities in relation to investigations regarding inadequate compliance with anti-money laundering and sanctions laws.
  • December 11, 2012
  • Tata Motors' 'Ultimate December offer' on Passenger Vehicles
  • Tata Motors has announced the 'Ultimate December offer', ranging from Rs 25,000 to Rs 150,000, including cash benefits and exchange offers. These offers are also applicable on accessories, extended warranty and on a host of other value added services. The scheme is valid till December 31, 2012.
  • December 08, 2012
  • Wind Turbine Rebate Program Taking Applications Starting Dec. 14
  • NV Energy will be accepting applications for WindGenerations, the company’s rebate program for small wind turbines, from Friday, Dec. 14, until Friday, Jan. 11, at 5 p.m. If any categories for applications are oversubscribed, successful applicants will be chosen by a lottery.
  • December 08, 2012
  • Best network for the fourth year running
  • Swisscom has won Connect magazine’s network test for the fourth year in a row and has proven once again that they are the Swiss market leaders in mobile communications by receiving top marks for both telephony and data communication services.
  • December 07, 2012
  • Delcam’s new ArtCAM Pro makes complex artistic designs easy
  • The new release of Delcam’s ArtCAM Pro CADCAM software for artistic applications has made it much easier to create complex designs, especially those that include repeated elements that are similar but not identical within the design.
  • December 06, 2012
  • Bank of America Announces Waiver of Certain Conditions to Cash Tender Offer for MBIA Notes
  • Bank of America Corporation announced today, in connection with its pending offer to purchase for cash (the “Tender Offer”) any and all of the outstanding 5.70% Senior Notes due 2034 (CUSIP No. 55262CAJ9) issued by MBIA Inc., a Connecticut corporation, that it has waived all conditions to the Tender Offer, except for the General Conditions [as defined in the Offer to Purchase dated Nov 13, 2012
  • December 06, 2012
  • BASF publishes offer to Pronova’s shareholders
  • Following the approval by the Oslo Stock Exchange, BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] today published the offer document for the public takeover offer to the shareholders of Pronova BioPharma ASA, Lysaker, Norway [OBX: PRON]. Pronova is a pioneer in the field of research, development, and manufacturing of omega-3 fatty acids .
  • December 05, 2012
  • Tata Motors November sales at 66,500 nos.
  • Tata Motors' total sales (including exports) of Tata commercial and passenger vehicles in November 2012 were 66,500 vehicles. The company's domestic sales of Tata commercial and passenger vehicles for November 2012 were 62,354 nos., over 72,474 nos., sold in November last year.
  • December 03, 2012
  • Delcam’s PowerMILL enables five-axis machining at Golden Era
  • Adding a five-axis DMS CNC router programmed with Delcam’s PowerMILL CAM system for five-axis machining has made it possible for film and events company, Golden Era Productions, to produce sets and props as big as ten feet by five feet by four feet in a single set-up, even when the pieces include complex, highly-detailed 3D surfaces.
  • November 30, 2012
  • BASF completes acquisition of Becker Underwood
  • BASF has completed the acquisition of Becker Underwood from Norwest Equity Partners, a U.S.-based private equity investment company, for a purchase price of US$1.02 billion (€785 million).
  • November 29, 2012
  • Just for You: Rezidor Hotel Group offers personalised Gift Card
  • The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, has launched the perfect Christmas card: a personalised gift card for stays in hotels of the brands Radisson Blu, Park Inn by Radisson and Hotel Missoni across Europe and the Middle East.
  • November 27, 2012
  • Tata Motors enters Bangladesh's new car market
  • Tata Motors today made its maiden entry in the Bangladesh new car market, introducing two sedans and a hatchback. They are the Tata Indigo eCS, India's most fuel-efficient compact sedan, the Tata Indigo Manza, a luxury sedan, and the Tata Indica Vista hatchback, with class defining space. The Manza and the Vista are born out of Tata Motors' new car platform.
  • November 27, 2012
  • Aussies set to spend $16.2 billion during Christmas 2012
  • With Christmas Day less than a month away, new research from the Commonwealth Bank of Australia has revealed that Aussies are set to spend over $16.2 billion, on everything from festive vacations to the Boxing Day sales, during Christmas 2012.
  • November 26, 2012
  • Delcam forms new subsidiary for Australia and New Zealand
  • Delcam is pleased to announce that it has converted the software division of its Australian reseller Camplex into a wholly-owned subsidiary, Delcam Australia, covering the sales and support of Delcam software products in Australia.
  • November 24, 2012
  • Free CAD data translation from Delcam
  • Delcam is offering free use of its online CAD data-exchange service, Delcam Exchange, from 21st to 26th November. The normal pay-as-you-go fee of £34 (approximately US$50) per model will be waived for unlimited use of the service during this period.
  • November 23, 2012
  • BASF announces cash offer to acquire Pronova BioPharma
  • BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] plans to acquire Pronova BioPharma ASA, Lysaker, Norway, [OBX: PRON], a pioneer in the field of research, development, and manufacturing of omega-3 fatty acids.
  • November 22, 2012
  • Rezidor opens the Radisson Blu Resort & Congress Centre, Sochi
  • Rezidor, the leading international hotel operator in Russia/CIS & Baltics and a member of the Carlson Rezidor Hotel Group, has opened their latest flagship in Russia - the 508-room Radisson Blu Resort & Congress Centre, Sochi. Enjoying a prime waterfront location in Sochi, the stunning property is all set to become a major landmark.
  • November 21, 2012
  • Delcam CADCAM used for machining of laser-sintered metal
  • Additive manufacturing and machining are usually regarded as competing processes. However, the two technologies are being combined in a project at the French research centre PEP, where Delcam’s PowerSHAPE CAD software and PowerMILL CAM system are being used to finish machine parts created by laser sintering.
  • November 17, 2012
  • Delcam to show latest in CADCAM for toolmakers in Indonesia
  • Delcam Indonesia will demonstrate the 2013 releases of Delcam’s PowerSHAPE CAD software, PowerMILL CAM system and PowerINSPECT inspection software at the Manufacturing Indonesia exhibition to be held in Jakarta from 5th to 8th December.
  • November 16, 2012
  • FoFdation consortium partners gather for progress update
  • Jan Willem Gunnink, Manager of Research & Development Projects in Europe for Delcam, and four other colleagues from the company joined the consortium partners of the FoFdation project at ECN in Nantes, France, from 16th-19th October 2012 to share results and update everyone on the progress made so far towards achieving the project objectives.
  • November 16, 2012
  • Delcam supports move to larger and more complex parts at dalau
  • In a move to enable the company to machine larger and more complex plastic parts to high levels of precision, dalau has added a new DMG machine, programmed with Delcam’s FeatureCAM feature-based CAM system, and a Hexagon inspection arm using PowerINSPECT inspection software.
  • November 10, 2012
  • Drive home in your favourite Tata Car, with amazing offers this festive season
  • Tata Motors has announced an irresistible package of benefits this festive season, on accessories, extended warranty and on a host of other value added services, ranging from Rs 25,000 to Rs 1,30,000. These offers are applicable on Tata Motors entire range of passenger cars and utility vehicles, till November 17.
  • November 08, 2012
  • Expansion of BASF in Lemforde
  • Fifty years after its founding sees BASF Polyurethanes GmbH in Lemforde continuing its success story. With the construction of a new production complex for thermoplastic polyurethane (TPU) the enterprise is making the biggest single investment at the site to date.
  • November 08, 2012
  • RWE Innogy tests two Offshore turbines onshore
  • RWE Innogy and Essent have inaugurated two Repower 6M wind turbines in the Dutch city of Eemshaven. The turbines each have a rated power of 6.15 MW and a hub height of 114 meters. The same turbine type will also be used in the wind farm Nordsee Ost in German waters.
  • November 07, 2012
  • BASF Innovation Campus Asia Pacific and Greater China headquarters inaugurated
  • BASF, the world’s leading chemical company, today inaugurated its first BASF Innovation Campus Asia Pacific and its new Greater China headquarters. The € 55 million expansion of BASF’s site in Pudong, Shanghai, where the new facilities are located, marks the company’s most important innovation investment in the region to date.
  • November 06, 2012
  • BASF optimizes its organizational structure
  • ASF is optimizing its organizational structure to better serve its customer industries and enhance its operational and technology excellence. The changes reflect the company’s “We create chemistry” strategy which outlines how BASF aims to strengthen its position as the world’s leading chemical company.
  • November 05, 2012
  • 3Q 2012 message from Stuart Gulliver, Group Chief Executive
  • Our strategy and business model have enabled us to have a strong quarter. Although reported profit before tax for the third quarter was US$3.7bn lower than the same period in 2011, underlying profit was up US$2.8bn to US$5.0bn, and it is on this basis that we measure our performance.
  • November 05, 2012
  • Delcam offers DentMILL for Roland dental milling software
  • Delcam has introduced a new version of its DentMILL 2012 dental milling software tailored specifically for the production of crowns and bridges in zirconia, wax and PMMA on the Roland DXW-50 desktop machining system.
  • November 01, 2012
  • RWE and E.ON conclude sale of Horizon Nuclear Power Ltd.
  • RWE npower and E.ON UK have today signed the sales agreement for their 50:50 Horizon joint ventures in the UK. The buyer, Hitachi Ltd., will continue to pursue plans to build new nuclear power stations at Wylfa in Wales and Oldbury-on-Severn in the south-western UK.
  • October 30, 2012
  • IIT Kharagpur's Deepit Purkayastha is 'Nano Student of the Year'
  • IIT Kharagpur's Deepit Purkayastha was today chosen as the Nano Student of the Year. Tata Motors launched the 'Nano Student of the Year' contest on September 14, 2012, for all college students in India, to mark its association with one of Bollywood's biggest releases this year, 'Student of the Year', a romantic comedy, directed by Karan Johar.
  • October 30, 2012
  • Harris Corporation Reports Fiscal 2013 First Quarter Results
  • Harris Corporation (NYSE:HRS) reported revenue in the first quarter of fiscal 2013 of $1.26 billion compared with $1.34 billion in the prior year. GAAP income from continuing operations was $129 million, or $1.14 per diluted share, compared with $131 million, or $1.09 per diluted share. Non-GAAP income from continuing operations in the prior year was $138 million, or $1.14 per diluted share.
  • October 29, 2012
  • Highway assistance within four hours for Tata Motors trucks across the country
  • Tata Motors has introduced 'Tata Alert', a highway assistance programme for medium and heavy commercial vehicles, which will be available across all national highways in India. Through 'Tata Alert', drivers will receive on-site breakdown assistance within 4 hours of dialing a toll-free helpline number (1800-209-7979).
  • October 26, 2012
  • Delcam launches dual-column version of PowerINSPECT
  • A new module has been made available for the latest version of Delcam’s PowerINSPECT inspection software that allows the software to create efficient inspection sequences for use on dual-column CNC coordinate-measuring machines.
  • October 24, 2012