One of the striking things in Citigroup's earnings announcement was its sale of "legacy assets." Legacy assets? What're those? It turns out that Citi has been using the term since about May of this year. While "legacy assets" pops up on a New York Times item...
HONG KONG, Sept. 25 /Xinhua-PRNewswire-FirstCall/ -- GigaMedia Limited announced today the successful completion of the sale of its legacy cable and corporate Internet service provider ("ISP") business, consistent with GigaMedia's focus on the high-margin, high-growth online entertainment sector. GigaMedia expects the transaction to be EPS neutral in...
STOCKHOLM, Sweden -- Regulatory News: Volvo Aero Services Corp and The Boeing Company (NYSE:BA) have extended a marketing and distribution partnership agreement, originally established in 1999, for an additional 10 years. Within the agreement, Volvo Aero Services will continue to provide multiple asset management services to support the...
Cost-effective, Hosted Solution Offers Banks a New Delivery Option FALLS CHURCH, Va., Sept. 22 /PRNewswire/ -- CSC today announced that it is offering banks Oracle FLEXCUBE on a managed hosting basis. This new offering leverages Oracle's financial services software assets and CSC's managed hosting operational capabilities...
ATLANTA -- Video Display Corporation (NASDAQ:VIDE), a market leader in specialty medical, military and simulation displays, today announced that an agreement had been reached for the acquisition of the assets and business of Boundless Technologies, Inc., www.boundless.com, of Farmingdale, New York. Boundless Technologies, with its proprietary technologies, is the known...
Company Anticipates Filing Its Full Year 2007 and First and Second Quarterly Reports for 2008 as Soon as Possible, and Thereafter, a Proxy Statement to Obtain Shareholder Approval of the Sale GOLETA, Calif. -- Commerce Planet, Inc. (OTCBB: CPNE), announced today that it has signed a definitive agreement...
SPOUSES and civil partners are set to receive more money when their loved ones die without leaving a will, the Government said today. The statutory legacy, the amount that can be paid to a spouse or civil partner from the assets of a person who dies without making...
Global Leader in Specialty Printing and Automatic Identification Solutions Uses DataFlux Solution for Batch and Real-Time Data Quality and Data Integration Services CARY, N.C. -- DataFlux, a leading provider of data quality and data integration solutions, today announced that Zebra Technologies Corporation, a global provider of solutions that...
LONDON -- Open Link Financial, Inc. ("Open Link") (www.olf.com), a leading provider of cross-asset trading, risk management, operational and portfolio management software, announced today that Calyon, the corporate and investment banking arm of Credit Agricole CIB, has completed the deployment of OpenLink's Endur system across its oil, US natural gas,...
Although the merger boom of the last two decades has reduced the number of community banks and their overall share of the market, it seems to have made the remaining small banks stronger, a senior economist at the Federal Reserve Bank in Kansas City reported. Oklahoma banking...
Inspired Gaming has sold its pubs division, and placed 80 million convertible preference shares at 50p, to raise 40m [pounds sterling] with embedded bank facilities. Chief executives Luke Alvarez and Norman Crowley said: "The transactions announced today mark a watershed for Inspired. We have finalised our exit from...
CINCINNATI, July 31 /PRNewswire-FirstCall/ -- Duke Energy Ohio today is filing its electric security plan ESP with the Public Utilities Commission of Ohio as required under the new Ohio energy law, which takes effect today. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO ) The three-year plan has four primary goals: ...
Kevin D. Hoyle is the founder and president of HoyleCohen LLC, a locally based partner firm of Focus Financial Partners, an independent wealth management organization that claims to have more than $26 billion in client assets. Formed in 2001, HoyleCohen provides clients with programs for retirement planning, investment...
iiBIG presents the 2nd Annual Distressed &Turnaround Investment Forum, scheduled for September 22-23, 2008, in LasVegas. Following last year's successful forum with over 200 in attendance,this event will review such topics as the structural analysis of the market"meltdown," credit crunch, and resulting investment opportunities; thecurrent role of hedge funds, asset-based...
Gov. Matt Blunt named Michael K. Mullen as a circuit judge on the St. Louis Circuit Court. Mullen, 44, is an associate circuit judge on the St. Louis court. As a circuit judge, Mullen will handle more jury trials that involve more serious...
Gov. Matt Blunt named Michael K. Mullen as a circuit judge on the St. Louis Circuit Court. Mullen, 44, is an associate circuit judge on the St. Louis court. As a circuit judge, Mullen will handle more jury trials that involve more serious...
* New Clients Added in UK and Middle-East * Launches Credit Risk Stress Testing Tool and OpRisk "Implementation Accelerators" MUMBAI, India -- RiskTech, a Hexaware subsidiary and a leading provider of Enterprise Risk Management and Risk Technology services, today announced a number of...
NewMarket Technology, Inc. (OTCBB: NMKT) todayannounced a 235% increase in Microsoft sales over the previous fiscal year.After reporting just $1 million in 2002, the Company reported $93.1 millionin revenue in 2007 with net income of $7.3 million. NewMarket has movedinto Managed Services as part of its overall strategy...
NewMarket Latin America, Inc. (PINKSHEETS: NLAI)today announced that RKM IT Solutions reported a 235% increase in Microsoftsales over the previous fiscal year. In 2004, NewMarket Technology, Inc. launched operations in South America bypurchasing RKM IT Solutions in Venezuela. NewMarket Technology isconsolidating RKM and additional operations in South...
Tennessee Gas Pipeline Company TGP and ElPaso Tennessee Pipeline Co. EPTP, each a wholly owned subsidiary of ElPaso Corporation (NYSE: EP), announced today that they are solicitingconsents from the holders of certain of their outstanding debentures.TGP's consent solicitation relates to its 6 percent Debentures due 2011the TGP Debentures....
Articles 2008-07-09
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