Outsourcing to China has been the rage for more than 20 years, but how about the flip side? China is quietly outsourcing to -- and seeking investments in -- the United States. There is clear evidence of this going on, despite the political controversy in 2005 when...
Attorney Advertising. The law firm of MilbergLLP is investigating possible illegal conduct as alleged in proposed classaction lawsuits filed in the United States District Court for the Districtof New Hampshire against GT Solar International, Inc. ("GT Solar" or the"Company") (NASDAQ: SOLR) and certain of GT Solar's officers and directorsfor...
Highlights * Revenue for the first quarter of fiscal year 2009 grew to $57.1 million, up 272% from the prior year first quarter revenue * Gross margin for the quarter was 42.6% * Net income for first quarter of fiscal year 2009 was $5.1...
WASHINGTON -- The law firm Cohen, Milstein, Hausfeld & Toll, P.L.L.C. ("Cohen Milstein") has filed a lawsuit in the United States District Court for the Southern District of New York on behalf of its client and on behalf of other similarly situated purchasers of SemGroup Energy Partners, L.P. (NasdaqGM: SGLP...
KUWAIT CITY AFP — Kuwait on Sunday launched an initial public offering IPO for the emirate's third mobile phone company which is expected to start operating later this year, officials said. Under the IPO, open until September 18, half of Kuwait Telecom Company's capital of 500 million shares...
KUWAIT CITY AFP — Kuwait on Sunday launched an initial public offering IPO for the emirate's third mobile phone company which is expected to start operating later this year, officials said . Under the IPO, open until September 18, half of Kuwait Telecom Company's capital of 500 million...
RIO DE JANEIRO, Brazil, Aug. 22 /PRNewswire-FirstCall/ -- Spring Wireless Spring, a leading company in mobile business solutions in Latin America, has just received a cash infusion of US$ 56 million from Goldman Sachs, the U.S. venture capital firm New Enterprise Associates NEA and Ideiasnet. Spring was...
WASHINGTON, Aug. 20 /PRNewswire/ -- Notice is hereby given that Finkelstein Thompson LLP has filed a Class Action lawsuit in the United States District Court for the District of New Hampshire on behalf of purchasers of the common stock of GT Solar International, Inc. ("GT Solar")...
Buzz Technologies, Inc. (PINKSHEETS: BZTG),listing inHong Kong, China, is making sound progress. And the initial InformationMemorandum will be available in the coming 2 weeks. Supported by a team ofhighly respected accounting, insurance, finance and corporateprofessionals,the listing is coming together very well. We expect audits of the USAcorporation to...
FMG to issue approximately $18.3 million face amount of 11% Notes due 2011 (the "Notes") to two important sets of investors: * Bulldog Investors and HBK Master Fund L.P., which have each agreed with FMG to vote for the merger and to collectively exchange 869,565 shares (18.4% of...
NEW YORK -- The law firm of Weiss & Lurie announced that it has filed a class action lawsuit against GT Solar (NASDAQ:SOLR) in the United States District Court for the District of New Hampshire on behalf all persons who purchased common stock pursuant or traceable to the Company's Registration...
ATHENS, Greece, Aug. 15 /PRNewswire-FirstCall/ -- TOP Ships Inc. announced today that Stamatis Tsantanis has resigned from the position of Chief Financial Officer, effective September 1, in order to pursue other projects. Mr. Tsantanis has been the CFO and a Director of the Company since its IPO...
SAO PAULO, Brazil, Aug. 15 /PRNewswire-FirstCall/ -- SEB - Sistema Educacional Brasileiro S.A. (Bovespa: SEBB11), one of the largest and most recognized private-sector education companies in Brazil, with 45 years of experience in the market, announced its results yesterday for the second quarter of 2008 for the SEB Group,...
HONG KONG AFP — A Chinese retailer has postponed plans to raise a billion US dollars on the Hong Kong stock exchange amid allegations of improper accounting, the Wall Street Journal said Thursday. The Hong Kong-incorporated clothing retailer ITAT Group announced the planned initial public offering a year...
Ivanhoe Mines' (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) Executive Chairman Robert Friedland today announced the successful completion of subsidiary Ivanhoe Australia's A$125 million initial public offering. Ivanhoe Australia, which remains 80%-owned by Canada-based parent Ivanhoe Mines, will begin trading on the Australian Stock Exchange tomorrow (August 6) under the symbol IVA. The...
* Quarterly Net Growth of 288,000 Classmates Media Segment Pay Accounts * Classmates Media Segment Revenues Increase 19% vs. Q2 2007 * Operating Income and Adjusted OIBDA Near High End of Guidance Despite Expensing $3.9 Million in Deferred Transaction-Related Costs Relating to Proposed IPO of Classmates...
BETHESDA, Md., Aug. 5 /PRNewswire-FirstCall/ -- American Capital, Ltd. ("American Capital" or the "Company") announced today its third quarter 2008 dividend and its results for the second quarter of 2008. THIRD QUARTER 2008 DIVIDEND DECLARATION American Capital's Board of Directors has declared a third...
See Market Conditions Improving in 2009; SEC Compensation Disclosures a Challenge NEW YORK, Aug. 5 /PRNewswire/ -- Gavin Anderson & Company's second annual survey of leading IPO attorneys found them far more optimistic than in 2007 that the U.S. will retain its share of global equity issuance....
Companies withdrawing from IPO Pipeline outnumber those that went public in Q2 2008 NEW YORK, Aug. 5 /PRNewswire/ -- While the IPO pipeline shows an increase in companies filing to go public, only 80 companies remained in the IPO pipeline by the end of the second quarter...
NEW YORK -- M&A activity in the global investment management sector in the second half of 2008 and beyond will be fueled, in large part, by diversified financial institutions refocusing their strategic direction and replenishing their depleted capital by shedding asset management operations, according to Jefferies Putnam Lovell, the division...
Articles 2008-08-05
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