Financial News from ACN Newswire

  • Australia Is Innovating: YPO Global Innovation Week Launches in Sydney ACN Newswire - 7 hours ago

    SYDNEY, AUSTRALIA, May 5, 2016 - (ACN Newswire) - YPO, the premier network of global business leaders and chief executives, is launching YPO Innovation Week with an inaugural event in Sydney, Australia, attended by some of the most innovative executives in Australia who are both leading enterprises today and building companies of the future. As part of YPO Innovation Week in May, events are taking place across global innovation hot spots, including Silicon Valley, Toronto, Tokyo, London and Amsterdam, with YPO thought leaders exploring new opportunities to accelerate global innovation while leveraging actionable lessons from peers around the world.

  • Luye Medical welcomes Australia's Healthe Care to its Group, Leading the Way for Group Expansion in  … ACN Newswire - 9 hours ago

    SINGAPORE, May 5, 2016 - (ACN Newswire) - Healthe Care, Australia's third largest private healthcare group, officially became a member of Luye Medicals Group Pte Ltd (Luye Medical Group) after the AU$938 million acquisition from Australia's Archer Capital Fund was completed on April 18. With this acquisition, Luye Medical Group has grown into the ranks of the largest international private medical groups in the region. Healthe Care will continue to expand its business operations in the Australian market, and work closely with Luye Medical Group to expand its footprint and build high quality healthcare services in Singapore, China and the other Asian countries.

  • HKTDC Entrepreneur Day Opens Next Week ACN Newswire - 19 hours ago

    HONG KONG, May 4, 2016 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the eighth Entrepreneur Day will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 13 and 14 May. The two-day event will gather around 270 exhibitors from various sectors, providing a one-stop platform for entrepreneurs to learn about business start-up opportunities and support services and get the latest market intelligence. The event, which is open to the public with free admission, welcomes all aspiring entrepreneurs.

  • New Alcatel-Lucent Enterprise Products and Technologies Create Network Ideal for Adopting Mobility and … ACN Newswire - Wed, May 4, 2016 1:30 PM AEST

    At a glance: - New products deliver the network infrastructure refresh required to support increased use of mobility and IoT, while building the foundation for tomorrow's digital business - Innovative ...

  • Thomson Reuters Releases Checkpoint Special Report Analysing Australia's Not-so-Typical 2016 Federal … ACN Newswire - Wed, May 4, 2016 1:13 AM AEST

    CANBERRA, Australia  May 3, 2016 -Thomson Reuters today released aspecial overnight reportproviding accountants, tax advisors, financial planners and businesses with a detailed analysis of Australia's 2016-17 Federal Budget - dubbed by many as an "election budget" with Prime Minister Malcolm Turnbull expected to call a double dissolution election in the coming days. In the lead-up to the budget, the government repeatedly emphasised the need for Australia to "live within its means," a theme that Treasurer Scott Morrison reinforced in his budget speech. Morrison said this is "not a typical budget" in terms of sweeteners, but it represented the government's economic plan for Australia.

  • Jean Liu, President of Didi Chuxing Becomes Official Rio Olympic Torchbearer ACN Newswire - Wed, May 4, 2016 12:35 AM AEST

    Jean Liu, President of Didi ChuxingBEIJING, May 3, 2016 - (ACN Newswire) - On May 3rd 2016, Coca Cola, the global partner for the Rio 2016 Olympic Torch Relay announced that Jean Liu, President of Didi Chuxing, was elected as one of the official Olympic Torchbearers through a popular vote organized by Coca Cola. "I would like to take this opportunity to thank everyone for their support, which I see as an encouragement for both DiDi and myself," said Jean Liu.

  • HKTDC Hong Kong International Medical Devices and Supplies Fair Opens ACN Newswire - Tue, May 3, 2016 8:43 PM AEST

    HONG KONG, May 3, 2016 - (ACN Newswire) - The seventh HKTDC Hong Kong International Medical Devices and Supplies Fair opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), the three-day fair (3-5 May) showcases the latest medical equipment, technology and related services, providing a one-stop business platform for the healthcare industry.

  • Verizon Selects Gemalto to Migrate to Next-Generation Advanced OTA Technology for 4G LTE Services ACN Newswire - Tue, May 3, 2016 3:10 PM AEST

    AMSTERDAM, May 3, 2016 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces that Verizon Wireless, a leading U.S. mobile operator, is adopting the latest ...

  • Hua Hong Semiconductor Gains Leadership in the LED Lighting Market with an Aggregate Shipment of 600 … ACN Newswire - Tue, May 3, 2016 2:19 PM AEST

    HONG KONG, May 3, 2016 - (ACN Newswire) - Hua Hong Semiconductor Limited ("Hua Hong Semiconductor" or the "Company", together with its subsidiaries, the "Group"; stock code: ...

  • CORRECTION: Endurance Reports Excellent First Quarter 2016 Underwriting Profitability With a Combined … ACN Newswire - Tue, May 3, 2016 5:53 AM AEST

    This is a correction of the announcement from 16:15 02.05.2016 EDT. Reason for the correction: To correct typographical error related to dividend rate on Series B Preferred Shares to be redeemedPEMBROKE, ...

  • O-I REPORTS FIRST QUARTER 2016 RESULTS; Operations improve; Acquisition delivers; Results surpass expectations; … ACN Newswire - Tue, May 3, 2016 5:33 AM AEST

    PERRYSBURG, Ohio (May 2, 2016)- Owens-Illinois, Inc. (NYSE:OI - News) today reported financial results for the first quarter ended March 31, 2016. December 31, 2015 in order to record its total asbestos-related liability in relevant prior periodsCommenting on the Company's first quarter results and outlook, CEO Andres Lopez stated, "We delivered solid improvement in our financials this quarter thanks to the hard and disciplined work of our teams that are focused on stabilizing and improving our operational performance.

  • Blue Capital Reinsurance Holdings Reports First Quarter 2016 Financial Results ACN Newswire - Tue, May 3, 2016 5:25 AM AEST

    HAMILTON, Bermuda -  May 2, 2016 - Blue Capital Reinsurance Holdings Ltd. (NYSE:BCRH) ("Blue Capital"), a Bermuda holding company that, through its operating subsidiaries, offers collateralized ...

  • Endurance Reports Excellent First Quarter 2016 Underwriting Profitability With a Combined Ratio of 7 … ACN Newswire - Tue, May 3, 2016 5:23 AM AEST

    PEMBROKE, Bermuda - May 2, 2016 - Endurance Specialty Holdings Ltd. (NYSE:ENH) today reported net income available to common shareholders of $106.4 million and $1.58 per diluted common share for the first ...

  • Curt Espeland to Address the Wells Fargo Industrial and Construction Conference ACN Newswire - Tue, May 3, 2016 3:03 AM AEST

    Media Advisory Issued May 2, 2016 Wells Fargo Industrial and Construction Conference Curt Espeland, Executive Vice President and Chief Financial Officer, Eastman Chemical Company (NYSE:EMN), will address ...

  • E-Rental Car Company Issues HK$200 Million Convertible Bonds ACN Newswire - Tue, May 3, 2016 1:27 AM AEST

    Pursuant to the agreement, assuming HK$100 million of the 2-year convertible bonds and the rest of the 3-year convertible bonds both at an initial conversion price of HK$0.35 per share, the convertible bonds will be convertible into approximately 571 million conversion shares, representing approximately 8.82% and 8.10% of the existing issued share capital and the issued share capital as enlarged by the issue of the conversion shares respectively. Topsource International Holding Co., Limited, a company beneficially-owned by ShanghaiXinhua Publishing Group Limited, is mainly engaged in investment, asset management, books and AV products distribution.

  • Creating a Path to Unlock Innovation: Lubrizol Proposes to Change the Industry Model ACN Newswire - Mon, May 2, 2016 11:53 PM AEST

    The Lubrizol Corporation presented its view on"Unlocking Industry Innovation: Time to Change the Model?"at the Biannual Detroit Advisory Panel on April 19, 2016. Dan Sheets, senior vice president and president of Lubrizol Additives, spoke about the obstacles around the processes for setting and managing lubricant specifications in North America, including the several forces that are inhibiting the industry's ability to deliver marketable benefits and value to all. With an accelerating regulatory requirement to improve air quality and lower greenhouse gases in North America and around the world, Original Equipment Manufacturers (OEMs) are looking at many vehicle solutions.  Several of these solutions have consequences for the lubricant technology necessary to protect and enable their equipment.

  • Minerals Technologies Signs 25th Commercial Agreement for Fulfill® High-Filler Technology ACN Newswire - Mon, May 2, 2016 11:33 PM AEST

    NEW YORK, May 2, 2016--Minerals Technologies Inc., (NYSE:MTX - News) announced today that it has entered into a commercial agreement with another leading paper company in China to provide Fulfill®E-325 higher filler technology, which allows papermakers to produce quality paper at lower cost by replacing higher-cost fiber with precipitated calcium carbonate (PCC). "Our FulFill®portfolio of high-filler products continues to gain acceptance by papermakers around the world, and we are extremely pleased that this prominent papermaker in China, who wishes to remain unnamed for competitive reasons, is adopting the cost-saving technology," said Joseph C. Muscari, chairman and chief executive officer.

  • Spa Weekend for Toyota GAZOO Racing ACN Newswire - Mon, May 2, 2016 10:22 PM AEST

    Toyota GAZOO Racing makes the short trip across the Belgian border this weekend for the 6 Hours of Spa-Francorchamps, the second round of the FIA World Endurance Championship (WEC).Toyota City, Japan, May 2, 2016 - (JCN Newswire) - Toyota GAZOO Racing makes the short trip across the Belgian border this weekend for the 6 Hours of Spa-Francorchamps, the second round of the FIA World Endurance Championship (WEC).

  • Hong Kong Gifts & Premium Fair and the International Printing & Packaging Fair Attract 64,000+ Buyer … ACN Newswire - Sun, May 1, 2016 6:45 AM AEST

    HONG KONG, Apr 30, 2016 - (ACN Newswire) - Organised by the Hong Kong Trade Development Council (HKTDC), the 31st Hong Kong Gifts & Premium Fair concluded today at the Hong Kong Convention and Exhibition Centre (HKCEC). The concurrent 11th Hong Kong International Printing & Packaging Fair (27-30 April) also came to a close at AsiaWorld-Expo. Around 50,000 buyers visited the Gifts Fair, while over 14,000 buyers attended the Printing & Packaging Fair.

  • Nanobiotix: 2015 Annual Results ACN Newswire - Sat, Apr 30, 2016 2:33 AM AEST

    Small but heading for the big time Nanobiotix: 2015 Annual Results Paris, Cambridge, April 29, 2016 - NANOBIOTIX (Euronext: NANO - ISIN: FR0011341205) , a late clinical-stage nanomedicine company pioneering ...

  • China First Capital Group Transforms its Business Successfully To build an "Education Industry Plus Finance" … ACN Newswire - Fri, Apr 29, 2016 10:02 PM AEST

    - Focuses on Education Business Investments; - Signs MOU with Two Educational Institutions (From left to right) China First Capital Group Limited Ms. SUN Bo, Deputy General Manager, Dr. Wilson SEA, Chairman ...

  • Evolving with Consumers - Retailers Embrace Change ACN Newswire - Fri, Apr 29, 2016 8:28 PM AEST

    HONG KONG, Apr 29, 2016 - (ACN Newswire) - Retail industry experts took part in the Trendwatcher: Gifts & Premium Retailing seminar held on 28 April, examining the retail scene and updating attendees on the latest consumer trends. The seminar, organised by the Hong Kong Trade Development Council (HKTDC), was part of the Hong Kong Gifts & Premium Fair (27-30 April), which is underway at the Hong Kong Convention and Exhibition Centre. Speakers included industry experts, Philippe Mechin, Journalist, BM2C Media Group, Andrea Rossi, Managing Director, Moleskine Asia Ltd. and Nowel Liu, Merchants Commercial Manager, Watsonsmall.com, eLab, A.S. Watson Group.

  • Wintermar Offshore Marine (IDX:WINS) Reports Q1 2016 Results ACN Newswire - Fri, Apr 29, 2016 8:23 PM AEST

    JAKARTA, Apr 29, 2016 - (ACN Newswire) - Wintermar Offshore Marine (IDX:WINS - News) has reported 1Q/2016 financial results. EBITDA rose 3% YOY to US$9.4 million, despite revenue falling over the same period last year, reflecting tighter cost control amidst the difficult industry environment. Depressed oil prices continued to impact the oil and gas industry in 1Q/2016 as intensified price competition pushed down charter rates.

  • DENSO Announces Year-end Financial Results ACN Newswire - Fri, Apr 29, 2016 4:11 PM AEST

    "DENSO's revenue increased due to an overseas production volume increase and the growth in sales in addition to the impact of the weak yen. On the other hand, despite cost reduction effort and the production volume increase, operating profit decreased due to the increase in research and development cost and start-up cost for new products," said Koji Arima, president and CEO of DENSO Corporation.

  • Fujitsu Reports Fiscal 2015 Full-Year Financial Results ACN Newswire - Fri, Apr 29, 2016 12:02 PM AEST

    TOKYO, Apr 28, 2016 - (JCN Newswire) - Fujitsu today reported profit for the year attributable to owners of the parent was 86.7 billion yen, down 53.2 billion yen from fiscal 2014. In Japan, revenue from network products and PCs declined, but revenue from system integration services increased. Outside Japan, revenue from network products declined, but results benefited from foreign exchange movements.

  • Shanghai Pharmaceuticals Released 2016 Q1 Results ACN Newswire - Fri, Apr 29, 2016 10:35 AM AEST

    Core Businesses Achieved Steady Growth; Business Innovation Enhanced the Achievement of Future Strategic HONG KONG, Apr 29, 2016 - (ACN Newswire) - Shanghai Pharmaceuticals Holding Co., Ltd. ("Shanghai ...

  • Gemalto first quarter 2016 revenue ACN Newswire - Fri, Apr 29, 2016 8:09 AM AEST

    - Revenue at EUR 691 million, up +1% at historical exchange rates and flat at constant exchange rates - Strong head start in Government Programs, Machine-to-Machine, Enterprise and Payment fully offsets ...

  • Eastman Announces First-Quarter 2016 Financial Results ACN Newswire - Fri, Apr 29, 2016 6:13 AM AEST

    KINGSPORT, Tenn., April 28, 2016 - Eastman Chemical Company (NYSE:EMN) today announced earnings, excluding non-core items, of $1.71 per diluted share for first quarter 2016 versus $1.84 per diluted share ...

  • Cannes Lions Jurors Announced ACN Newswire - Fri, Apr 29, 2016 1:32 AM AEST

    387 names, 40 countries represented, 40% women LONDON, Apr 29, 2016 - (ACN Newswire) - The Cannes Lions International Festival of Creativity has today completed the announcements of this year's jurors ...

  • E Fund Pockets Two Awards In AsianInvestor's Asset Management Awards ACN Newswire - Thu, Apr 28, 2016 9:00 PM AEST

    HONG KONG, Apr 28, 2016 - (ACN Newswire) - E Fund Management Co., Ltd. ("E Fund") and E Fund Management (HK) Co., Ltd won two awards - China Fund House of the Year and China/Offshore Fund House of the Year respectively. This is the first time ever that a parent company in China and its Hong Kong based subsidiary were recognised across two markets at the same time. The award is considered a tremendous accomplishment for E Fund as it recognises the continued efforts and breakthrough in investment research and branding under its 'internationalisation' strategy.

  • Marathon Petroleum Corporation Reports First-Quarter 2016 Results ACN Newswire - Thu, Apr 28, 2016 7:43 PM AEST

    Reported first-quarter earnings of $1 million Results include pretax charges of $0.06 per diluted share related to the impairment of goodwill and the valuation of inventories at the lower of cost or market ...

  • INGREDION INCORPORATED REPORTS STRONG FIRST QUARTER 2016 RESULTS ACN Newswire - Thu, Apr 28, 2016 7:33 PM AEST

    Company raises 2016 adjusted EPS guidance range to $6.45-$6.75 from previous range of $6.20-$6.60WESTCHESTER, Ill., April  28, 2016 - Ingredion Incorporated (NYSE:INGR - News), a leading global provider of ingredient solutions to diversified industries, today reported results for the first quarter 2016. "We delivered another strong quarter with solid operating income and earnings per share and continued progress on our strategic blueprint. Acquisition-related volume, more favorable price/product mix in both our specialty and core ingredients as well as margin expansion propelled by our global optimization efforts and Penford cost synergies all contributed to increases in operating income and earnings per share," said Ilene Gordon, chairman, president and chief executive officer.

  • HKTDC-Google Collaboration to Support SMEs ACN Newswire - Thu, Apr 28, 2016 6:44 PM AEST

    New Scheme Helps Companies Expand Global Business HONG KONG, Apr 28, 2016 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) has partnered with Google, the world's leading Internet search ...

  • Honda: Impact of The 2016 Kumamoto Earthquake on Production ACN Newswire - Thu, Apr 28, 2016 6:29 PM AEST

    TOKYO, Apr 28, 2016 - (JCN Newswire) - Honda has decided to partially resume operation from May 6 at its Kumamoto Factory (Ozu-machi, Kikuchi-gun, Kumamoto Prefecture), which has been halted until April ...

  • MHI Maintains 50% Stake in Offshore Wind Power Joint Venture Company MHI Vestas Offshore Wind ACN Newswire - Thu, Apr 28, 2016 6:25 PM AEST

    Continuing Close Collaboration with Vestas TOKYO, Apr 28, 2016 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has decided to maintain 50% ownership of MHI Vestas Offshore Wind A/S (MVOW). MHI ...