IAC reported its first quarter earnings on Wednesday and it's the usual mix of mental hurdles, GAAP reconciliations and imagining what it could be. The big question: Is IAC really worth your time? IAC, an Internet conglomerate that's Barry Diller's baby, is planning to break itself up...
This paper investigates the optimal regulation of financial conglomerates which combine a bank and a non-bank financial institution. The conglomerate's risk-taking incentives depend upon the level of market discipline it faces, which in turn is determined by the conglomerate's liability structure. It further examines optimal capital requirements for standalone institutions,...
Cairo, Egypt / July 16, 2008, 10:00 AMOCI / Sorouh / Hydra / Capital Investment Establish New ConstructionJoint Venture in Abu Dhabi, UAEOrascom Construction Industries OCI announced today the establishmentof a new construction joint venture, "Emirates Foundation" in AbuDhabi, UAE. This new partnership will see OCI join together with HydraCommercial...
Latitude Industries, Inc. (PINKSHEETS: LTDI), amanufacturer ofhigh-performance, center console powerboats, announces today that it ismaking progress on the possible buyout from an International group. On or about June 11th, 2008 Latitude Industries announced a possible buyoutand many speculations in regards to this possible buyout have come to ourattention. It is...
SAN FRANCISCO AFP — A deal struck Tuesday lets Google cloak identities of YouTube users while complying with a court order to show Viacom the video-viewing habits of everyone who has ever used the popular website. In a July 3 ruling, a federal judge backed US media conglomerate...
MetaSwitch today announced that SATEL,the new telecommunications division of the Telemicro Group, a leadingtelevision and radio broadcast conglomerate, has signed a multi-milliondollar contract to deploy MetaSwitch softswitch solutions for its newnetwork serving residential and business subscribers in the DominicanRepublic. The highly-reliable, field-proven MetaSwitch CA9024 call agentsand MG2510 media gateways...
Royal Jet managed the deal and will ensure the support of the aircraft SAO JOSE DOS CAMPOS, Brazil, July 15 /PRNewswire-FirstCall/ -- Embraer and Royal Jet, the latter representing the Al Habtoor Group conglomerate, from the United Arab Emirates UAE, signed a contract to purchase one Lineage...
The financial services conglomerate Dawnay Day has called in administrators from Ernst & Young to carry out an emergency review of several of its businesses after failing to raise the funds it needs to keep the company afloat. The group - which operates in the property investment,...
DENVER, July 14 /PRNewswire-FirstCall/ -- DCT Industrial Trust Inc. , a leading industrial real estate investment trust, today announced that it has signed 1.3 million square feet of leases in Indianapolis. Whirlpool Corporation has extended its full building 805,000 square foot lease for 36 months. The...
Brings Extensive High Technology and Broad International Marketing Experience to Leading Supplier of Software and Services to the Nonprofit Industry CHARLESTON, S.C. -- Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and related services designed specifically for nonprofit organizations, announced today that it has named Kevin Mooney...
NEW YORK AFP — General Electric reported Friday a drop in its second-quarter profit of six percent to 5.1 billion dollars as the massive US conglomerate largely weathered an economic storm. The industrial, financial and media giant said its profit amounted to 54 cents per share, which was...
TOKYO AFP — Japan's Shinsei Bank said Friday it had agreed to buy US giant General Electric's Japanese consumer finance arm for 580 billion yen (5.4 billion dollars) in a major push into the troubled sector. Shinsei, a mid-sized lender that is about one-third owned by US buyout...
Researched by Industrial InfoResources (Sugar Land, Texas) -- The international character of therenewable energy industry is illustrated by a project to develop a1,650-megawatt portfolio of wind farms in China's Inner Mongolia autonomousregion. The project was launched by Arcapita Bank (Manama, Bahrain), aninternational investment corporation, in a joint venture withSingapore-based...
Researched by Industrial Info Resources(Sugar Land, Texas) -- Reliance Industries USA, the U.S. subsidiary of theIndian conglomerate Reliance Industries Limited (BOM:500325) Mumbai,plans to set up its first plant in the U.S. in Kinston, North Carolina.Reliance will invest $215 million setting up its manufacturing unit inLenoir County to produce polyethylene terephthalate...
NEW YORK AFP — US conglomerate General Electric said Thursday it is likely to spin off its industrial unit including its appliance division as part of planned reorganization. The move would go further than a plan announced two months ago to sell or spin off the portion of...
DEERFIELD, Ill. -- APAC Customer Services, Inc. (NASDAQ:APAC), a premier provider of quality customer care services and solutions, announced today that an industry leading publication has selected APAC to be its subscriber care provider. With 2007 revenues of over $3 billion, this media conglomerate often ranks first in...
JACKIE STEWART has warned the British Grand Prix's new bosses that they have bought a pounds 100million dud. And he claims that there will be no profit from the race even when it has swanky new facilities at Donington in 2010. The...
More than 5000 employees of Bosowa Corporation can collaborate with their increasingly mobile colleagues at dozens of sites across the Indonesian archipelago through a unified communications solution from Nortel(1) (TSX: NT)(NYSE: NT) and Microsoft (NASDAQ: MSFT). From its roots as a single Mitsubishi dealer in 1978, Bosowa has expanded into...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/f1fb57/siam_cement_group) has announced the addition of the "Siam Cement Group - IT Sales Opportunities - 2008" report to their offering. The Siam Cement Group SGC is one of Thailand's leading conglomerates. The Company's main business is comprised of five segments: cement, which...
S2K Improves Efficiencies with Real-Time Access to Critical Business Data RONKONKOMA, N.Y. -- VAI (Vormittag Associates, Inc.) (http://www.vai.net), a leader in enterprise solutions for the distribution, manufacturing, retail and service industries, and an IBM Premier Business Partner, today announced the successful implementation of its S2K Enterprise Software at...
