Financial News from ACN Newswire

  • Grundfos strengthens its market position, but profitability must be improved ACN Newswire - 13 hours ago

    Denmark, Mar 6, 2015 - (ACN Newswire) - The world's leading pump manufacturer, Grundfos, is being challenged by intensified competition, low growth in the European markets and unfavourable currency exchange rates in 2014. High growth in for instance the United States and China strengthens the global market position, but there is a continued decline in profitability. This has strengthened Grundfos' global market share. Overall, the effects of currency movements have reduced net turnover by 4.1 per cent, which means that sales growth in DKK amounted to 1.6 per cent, resulting in a total turnover of DKK 23.6 bn.

  • Hosa Announces 2014 Annual Results ACN Newswire - 14 hours ago

    HONG KONG, Mar 6, 2015 - (ACN Newswire) - Hosa International Limited ("Hosa" or the "Company" and, together with its subsidiaries, the "Group"), one of the largest indoor sportswear brands in China, today announced its annual results for the year ended 31 December 2014 (the "year under review").

  • Fujitsu Ushers in the Next Generation of Manufacturing with Human-Robot Collaboration ACN Newswire - 15 hours ago

    TOKYO, Mar 6, 2015 - (JCN Newswire) - Fujitsu has announced the start of a new initiative to implement a next-generation manufacturing ICT environment in which humans can cooperate at a high level with robots and other machines, and in which all forms of manufacturing data are connected. Fujitsu already has a track record of developing robotic systems with the autonomous control to flexibly respond to variations in components and automatically generate control programs that quickly respond to process changes. Using its own in-house implementation as a reference model, Fujitsu will begin rolling out new solutions starting in October 2015. Fujitsu is also working with robot manufacturers to support the deployment of robots, previously used mainly by large-scale business, to small and mid-sized customers as well.

  • Fujitsu Develops Industry's First Technology to Recognize Flow of People from Low-Resolution Imaging ACN Newswire - 15 hours ago

    Kawasaki, Japan, Mar 6, 2015 - (JCN Newswire) - Fujitsu today announced that it has developed the industry's first technology that provides highly accurate detection of people's movements and that can recognize the flow of people from low-resolution imagery incapable of distinguishing faces. In existing systems that analyze video taken from surveillance cameras and recognize flows of people, the problem has been that the resolution may be high enough to identify individuals, rendering the footage unusable. Now Fujitsu Laboratories has developed technology that, even when the overall image resolution has been degraded from high to low resolution so that people's faces cannot be recognized, extracts multiple defining features of an individual, thereby making it possible to detect the person's movement with a high degree of accuracy. This makes it possible to detect people in video with resolution low enough to mitigate anxieties about privacy, and thereby enable recognition of people's movement.

  • Lions Innovation to Explore Data Tech Ideas and Space ACN Newswire - 18 hours ago

    LONDON, Mar 6, 2015 - (ACN Newswire) - Following a global call for content, Cannes Lions has today issued an opening volley of speaker names for Lions Innovation - the new 2 day "festival within The Festival" that fuses data, technology and ideas. "The Lions Innovation programme is a representation of our belief that great ideas can come from anywhere, and to bring it together we looked further afield for sources of inspiration than ever before," said Cannes Lions Chairman, Terry Savage, confirming that a groundbreaking keynote from NASA would be part of the line-up. Dr. Francesca DeMeo, Planetary Scientist and Hubble Fellow at the Harvard-Smithsonian Center for Astrophysics and Jason Kessler, NASA's Asteroid Grand Challenge Program Executive, will join Tyler DeAngelo, Executive Creative Director, mcgarrybowen on stage for the session, which says Savage, will epitomise the spirit of the festival. Much of the Lions Innovation programme will also be dedicated to exploring the role of data and technology as the impetus for ideas.

  • MHPS Receives Order for 2 Sets of H-25 Gas Turbine and Generator To Support Power Infrastructure in Thilawa … ACN Newswire - 19 hours ago

    Yokohama, Japan, Mar 6, 2015 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for two sets of the H-25 gas turbine and a generator for two islands of thermal power generation facilities, with a combined output of 50 megawatts (MW), being newly established by Myanmar Electric Power Enterprise (MEPE), a state-owned power provider in Myanmar (Burma). The equipment on order will serve as the core components of power infrastructure to support the Thilawa Special Economic Zone (SEZ) under development near Yangon, Myanmar's largest city.

  • Crawford & Company Cleared to Commence Integration of GAB Robins Business ACN Newswire - Fri, Mar 6, 2015 2:53 AM AEDT

    The CMA has been reviewing our acquisition of GAB Robins and their review remains on track for a final decision by 1 April 2015. Crawford and GAB Robins are now permitted to conduct their business as a combined entity, and the process of integration can now begin.

  • Differ Group Announces Proposed Transfer of Listing to the Main Board of Hong Kong Stock Exchange ACN Newswire - Thu, Mar 5, 2015 11:10 PM AEDT

    HONG KONG, Mar 5, 2015 - (ACN Newswire) - Differ Group Holding Company Limited ("Differ Group" or the "Group") (stock code: 8056), a leading provider of short to medium-term financing and financing-related solutions in China, has announced that the Group has submitted a formal application to The Stock Exchange of Hong Kong Limited ("SEHK") for the transfer of listing of its shares from the Growth Enterprise Market (GEM) to the Main Board. The Group has previously announced its annual results for the financial year ended 31 December 2014. Mr. Hong Mingxian, Chairman of Differ Group, said, "We are happy that the Group has achieved outstanding results in the past few years, particularly noteworthy, our profit growth exceeded 80% year-on-year in 2014. We have met the requirement for transferring the listing of our shares to the Main Board and have submitted the relevant application to SEHK.

  • Become a Legendary Hero in Blood & Glory: Immortals ACN Newswire - Thu, Mar 5, 2015 11:03 PM AEDT

    Become a Legendary Hero in Blood & Glory: Immortals Save the ancient world from vengeful Gods in Glu's latest immersive Action-RPG San Francisco, Calif. - March 5, 2015 - Glu Mobile Inc. (NASDAQ: GLUU), ...

  • Omnicare's Specialty Care Group Advanced Care Scripts (ACS) to Provide Specialty Pharmacy Services for … ACN Newswire - Thu, Mar 5, 2015 10:53 PM AEDT

    CINCINNATI, March 5, 2015- Advanced Care Scripts (ACS), a leading specialty pharmacy and clinical services platform of Omnicare Specialty Care Group (SCG), is proud to be part of the limited distribution network for the Novartis drug Farydak® (panobinostat). The US Food and Drug Administration (FDA) recently approved Farydak® capsules in combination with bortezomib and dexamethasone for the treatment of patients with multiple myeloma who have received at least two prior regimens, including bortezomib and an immunomodulatory (IMiD) agent. Multiple myeloma is an incurable blood cancer, and there is an urgent need for new treatments. "We look forward to providing our clinical services expertise in oncology to patients prescribed this treatment option, and appreciate the opportunity to be part of this limited distribution network," said Dennis Wilson, VP & General Manager of Advanced Care Scripts.

  • OTT Offers Huge Potential; Piracy Still a Hindrance - CASBAA OTT Summit 2015 ACN Newswire - Thu, Mar 5, 2015 8:12 PM AEDT

    HONG KONG, Mar 5, 2015 - (ACN Newswire) - CASBAA, the Association for digital multichannel TV, content, platforms, advertising and video delivery throughout the Asia-Pacific, recently concluded its OTT Summit 2015 on Tuesday, March 3 at the Grand Hyatt Singapore. "Attracting over 200 delegates, speakers, and media, the second edition of CASBAA's OTT Summit was another successful forum providing essential information to help better understand how over-the-top television services can best fit into our current broadcasting environment," said Christopher Slaughter, CEO, CASBAA.

  • Connell Brothers Signs Exclusive Agreement with Cypress Systems Inc. in Taiwan ACN Newswire - Thu, Mar 5, 2015 5:34 PM AEDT

    TAIPEI, Mar 5, 2015 - (ACN Newswire) - Connell Brothers (CBC), the largest marketer and distributor of specialty chemicals and ingredients in Asia-Pacific, announces today that it is exclusively representing ...

  • Freetech Successfully Completed Ningbo Municipal Road Maintenance Project in Zhejiang Province ACN Newswire - Thu, Mar 5, 2015 12:20 PM AEDT

    HONG KONG, Mar 5, 2015 - (ACN Newswire) - Freetech Road Recycling Technology (Holdings) Limited ("Freetech", or the "Group;" stock code: 6888), a leading and fast-growing service provider in the asphalt pavement maintenance ("APM") industry using "Hot-in-Place" recycling technology, today announced that it had been the second time for the Group to take Ningbo municipal road maintenance order and successfully complete the project. Ningbo City is a sub provincial city in Zhejiang Province of the People's Republic of China, the hub of the Yangtze River Delta Region and the economic centre of Zhejiang Province. In addition, the largest domestic cargo throughput, Ningbo-Zhoushan Port is also located in Ningbo City. Jiangnan Road, where the road maintenance services were provided, is the main east-west road of Ningbo City.

  • Gemalto full year 2014 results ACN Newswire - Thu, Mar 5, 2015 12:19 PM AEDT

    - Full year revenue of EUR 2.5 billion, up +5%, and profit from operations up +10%, at EUR 383 million - Platforms & Services revenue passed the EUR 500 million mark - Strong demand in the United States, ...

  • Developing Focused Leadership ACN Newswire - Thu, Mar 5, 2015 2:20 AM AEDT

    Maggie Kelly of Successful Executive Pty Ltd, a sponsor company at the marcus evans HR Summit 2015, on why HR should help the business develop focused leadership. LONDON, Mar 5, 2015 - (ACN Newswire) - "With the often overwhelming demands on our attention and the rate of change, helping the business to develop focused leadership - that is, focusing the leadership on doing what is truly important for the business by getting what matters done to realise the business strategy - is more important than ever before," highlights Maggie Kelly, Managing Director, Successful Executive Pty Ltd.

  • Applied Materials Receives Intel's Preferred Quality Supplier Award ACN Newswire - Thu, Mar 5, 2015 2:13 AM AEDT

    Applied Materials, Inc. has been recognized as one of 19 companies receiving Intel Corporation's Preferred Quality Supplier (PQS) award for their performance in 2014. Applied demonstrated industry-leading commitment across all critical focus areas on which Intel suppliers are measured: quality, cost, availability, technology, customer service, labor and ethics systems, and environmental sustainability. Applied Materials is recognized for their significant contributions providing Intel with wafer fab capital equipment, mask capital equipment, fab automation software, and services, deemed essential to Intel's success. "We are extremely pleased to receive our fifth consecutive Intel Preferred Quality Supplier Award," said Dr. Randhir Thakur, executive vice president and general manager of the Silicon Systems Group at Applied Materials.

  • Full Data Visibility Facilitates True E-Discovery ACN Newswire - Thu, Mar 5, 2015 2:11 AM AEDT

    Timothy V. Dix, CEO, Xpriori, LLC, a service provider at the marcus evans Chief Litigation Officer Summit Spring 2015 and Fall 2015, on how Xpriori's economically viable and automated technology enables classification of data resulting in the elimination of data/documents that contain no actionable intelligence and assures delivery of the right information. NEW YORK, NY, Mar 5, 2015 - (ACN Newswire) - "The only way Chief Litigation Officers (CLOs) can assure they have all the information necessary for litigation discovery is to deploy technology that automates consideration of all documents and identifies those that contain little or no useful content. The result: Better results and lower costs," says Timothy V. Dix, CEO of Xpriori, LLC. Xpriori is a service provider at the marcus evans Chief Litigation Officer Summit Spring 2015 and Chief Litigation Officer Summit Fall 2015.

  • EPAM Recognized as a Strong Performer in B2B Global Commerce Service Providers Report by Leading Independent … ACN Newswire - Wed, Mar 4, 2015 11:33 PM AEDT

    Newtown, PA - March 4, 2015 - EPAM (NYSE:EPAM) has been included as a strong performer in "The Forrester Wave(TM): B2B Global Commerce Service Providers, Q1 2015" report. EPAM was included among ...

  • 5BARz Establishes Subsidiary Company in India ACN Newswire - Wed, Mar 4, 2015 10:06 PM AEDT

    San Diego, CA, Mar 4, 2015 - (ACN Newswire) - March 4th, 2015, 5BARz International, Inc. (OTCQB:BARZ - News), (www.5BARz.com) ("5BARz" or "the Company") a technology leader in the cellular network extender industry, is pleased to announce that the Company has established a subsidiary Company, 5BARz India Private Ltd., in Bangalore, India. India has approximately 900 million mobile subscribers and is one of the fastest growing telecommunication markets in the world.

  • HKTDC International Jewellery Show Dazzles Global Visitors ACN Newswire - Wed, Mar 4, 2015 9:57 PM AEDT

    New Diamond Quality Assurance Mark Launched Today HONG KONG, Mar 4, 2015 - (ACN Newswire) - The 32nd HKTDC Hong Kong International Jewellery Show opened today and runs through 8 March at the Hong Kong ...

  • Grundfos Offers Complete Guide to Wastewater Mixing ACN Newswire - Wed, Mar 4, 2015 8:46 PM AEDT

    Denmark, Mar 4, 2015 - (ACN Newswire) - "Design Recommendations for Mixing," a new 65-page handbook from Grundfos, provides a comprehensive guide to wastewater mixing. It includes tips on how to best design mixing in wastewater systems to maximize efficiency. "We believe this handbook is unique," says Per Kroyer Kristensen of Grundfos, who helped compile the book. "Grundfos is all about moving liquids," he says.

  • Fujitsu Launches GLOVIA ENTERPRISE MES, a Manufacturing Execution System ACN Newswire - Wed, Mar 4, 2015 8:36 PM AEDT

    Figure: Global production activities through deployment of GLOVIA ENTERPRISE MESTOKYO, Mar 4, 2015 - (JCN Newswire) - Fujitsu today announced the release of FUJITSU Enterprise Application GLOVIA ENTERPRISE MES(1), a manufacturing execution system for customers in the assembly manufacturing industry. By standardizing the methods for collecting and managing production performance data that vary by factory and sharing the data, this product enables comparisons of production performance between facilities, paving the way for production improvements through the sharing of know-how and kaizen activities. In addition, by linking the head office with each production facility, head office gains a timely grasp of inventory information and the status of production progress at each factory. With this product, Fujitsu helps the front lines of manufacturing to improve product quality, efficiency, and speed, as well as reduce costs, all on a global basis.

  • MTA2015: Robotics Market Set to Grow at 12% Annually Over Next Two Years ACN Newswire - Wed, Mar 4, 2015 8:18 PM AEDT

    MTA2015 caught up with Mr. Lim to learn more about future trends in automation technologies and robotics for the Asian manufacturing sector. ABB, a global leader in power and automation technologies, will be showcasing its robotics solutions at MTA2015.SINGAPORE, Mar 4, 2015 - (ACN Newswire) - The International Federation of Robotics states that demand for industrial robots will continue at an average annual growth rate of 12 per cent between 2015 and 2017. The automotive and electronics industries will continue to see increasing investment in robots.

  • Zebra Technologies Ranked as a Top Company in Indoor Location Technology by ABI Research ACN Newswire - Wed, Mar 4, 2015 4:26 PM AEDT

    Recognized for introducing innovative industry-leading hybrid approach of Wi-Fi and BLE SINGAPORE, Mar 4, 2015 - (ACN Newswire) - Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in products ...

  • FDG is Presented with the New Development Opportunities by Signing a Cooperation Framework Agreement … ACN Newswire - Wed, Mar 4, 2015 1:23 PM AEDT

    HONG KONG, Mar 4, 2015 - (ACN Newswire) - FDG Electric Vehicles Limited (the "FDG Electric Vehicles", "FDG" or "Group", Stock Code: 00729.HK) is pleased to announce that in order to implement the Kunming government's "Implementation plan for the promotion and application of new energy vehicles and the industrial development" published at the end of 2014, Yunnan FDG Automobile Co., Ltd. (the "Yunnan FDG"), a subsidiary of FDG Group, signed a cooperation framework agreement with Kunming General Bus Company (the "Kunming General Bus"). Kunming published the "Implementation plan for the promotion and application of new energy vehicles and the industrial development" at the end of 2014.

  • Artprice: Global Art Market Annual Report: 26% growth in 2014 ACN Newswire - Wed, Mar 4, 2015 12:55 AM AEDT

    SAINT-ROMAIN AU MONT, FRANCE, Mar 3, 2015 - (ACN Newswire) - Born from an alliance between Artprice, the world leader in art market information (founded and directed by thierry Ehrmann) and its powerful Chinese institutional partner Artron (directed by Wan Jie), the 13th Global Art Market Annual Report at last provides a perfect reading of the art market from both a Western and an Eastern perspective. The two entities have pooled their resources to analyze the global art market with an unprecedented level of completeness. The Report contains the famous Artprice ranking of the world's 500 most sought-after artists, the top 100 auction results, market breakdowns by country and by city, by period and by medium, Artprice indices and 21 chapters that provide an uncompromising analysis of the Art Market. Despite the deterioration of the global economy, the global art market has posted an insolent double-digit growth rate fuelled by an effervescent mix of investment logic, speculation, collection-passion and insatiable demand for the most sought-after signatures from the world's new museum industry.

  • China JSFDA Accepts Eisai's Application Seeking Additional Indication of Severe Alzheimer's Disease for … ACN Newswire - Tue, Mar 3, 2015 8:43 PM AEDT

    TOKYO, Mar 3, 2015 - (JCN Newswire) - Eisai Co., Ltd. announced today that its New Drug Application for the additional indication of severe Alzheimer's Disease (AD) for Aricept(R) (donepezil hydrochloride) has been accepted for review by the Jiangsu Food and Drug Administration in China. The Phase III study (Study 339) that this additional indication application was based on was a multi-center, randomized, double-blind, placebo controlled, parallel-group study to evaluate the efficacy and safety of Aricept 10 mg tablets in 313 Chinese patients with severe AD.

  • Mitsubishi Corporation Launches New ASEAN Private Equity Fund ACN Newswire - Tue, Mar 3, 2015 8:40 PM AEDT

    TOKYO, Mar 3, 2015 - (JCN Newswire) - In February 2015, Mitsubishi Corporation ("MC") and CIMB Group ("CIMB"), together with Development Bank of Japan Inc. ("DBJ"), launched ...

  • ForgeRock Announces Record Sales Year and Expands in Asia ACN Newswire - Tue, Mar 3, 2015 6:40 PM AEDT

    - Leading Identity Management Provider Highlights Major Customer Wins in 2014; - Opens New Asia-Pacific Japan (APJ) Regional Headquarters in Singapore SINGAPORE, Mar 3, 2015 - (ACN Newswire) - ForgeRock(R) ...

  • Gemalto enables mobile NFC ticketing for Madrid public transport ACN Newswire - Tue, Mar 3, 2015 6:40 PM AEDT

    Mobile World Congress, Barcelona, Mar 3, 2015 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), is providing a comprehensive mobile contactless solution for a pilot project that enables NFC easy ...

  • Gemalto M2M solution delivers 4G connectivity to workers in hazardous environments ACN Newswire - Tue, Mar 3, 2015 6:04 PM AEDT

    Mobile World Congress, Barcelona, Mar 3, 2015 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, announces its M2M solution is enabling high-speed connectivity ...

  • Gemalto and Tapit bring one-tap mobile payment to posters, kiosks, packages, and signs ACN Newswire - Tue, Mar 3, 2015 5:38 PM AEDT

    Mobile World Congress, Barcelona, Mar 3, 2015 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is working with Tapit, a platform used by global brands to transform ...

  • MAS and SGX Facilitating Cross-Border Capital Raising in ASEAN ACN Newswire - Tue, Mar 3, 2015 4:31 PM AEDT

    KUALA LUMPUR, Mar 3, 2015 - (ACN Newswire) - The Monetary Authority of Singapore (MAS) and the Singapore Exchange (SGX) today jointly signed a Memorandum of Understanding (MOU) with the Securities Commission Malaysia and the Securities and Exchange Commission, Thailand to establish a Streamlined Review Framework for the ASEAN Common Prospectus. The Framework, which is an initiative under the ASEAN Capital Market Forum (ACMF) Implementation Plan endorsed by the ASEAN Finance Ministers, will facilitate cross-border offerings of Equity Securities and Plain Debt Securities[1] in ASEAN.

  • JCB International and Rev Partner to Expand Prepaid Products Worldwide ACN Newswire - Tue, Mar 3, 2015 11:01 AM AEDT

    TOKYO, and AUSTIN, Texas, Mar 3, 2015 - (ACN Newswire) - JCB International Co., Ltd. ("JCBI"), the international operations subsidiary of JCB, and Rev Worldwide ("Rev"), a global payments processing and product innovations company, have announced plans to jointly develop prepaid products in key JCB markets around the world. The relationship seeks to grow prepaid market opportunities leveraging Rev's proprietary global processing platform, prepaid product set, program management services and multi-currency platform innovations, along with JCBI's card issuing, merchant acceptance network, and corporate partnerships. The demand for prepaid cards has been growing in general, and multi-currency prepaid products in particular are becoming popular for those who want to depend less on credit and frequently travel overseas, as this eliminates the need to exchange currencies in each country they visit. I am confident that leveraging the Rev platform and product set will allow our issuing partners to launch JCB prepaid products more efficiently and effectively.

  • Socionext Inc. Starts Operations ACN Newswire - Tue, Mar 3, 2015 7:36 AM AEDT

    Yokohama, Japan, Mar 2, 2015 - (JCN Newswire) - Socionext Inc., the newly formed system on chip company, today announced the start of operations. The organization has completed the consolidation of the system LSI businesses of Fujitsu Limited and Panasonic Corporation, and secured an investment from the Development Bank of Japan Inc. Assuming approval at the stockholder meeting scheduled for this afternoon, Chairman and CEO Yasuo Nishiguchi, President & COO Amane Inoue, and a further seven directors of the board (three external executive directors) and two auditors (one external auditor) will be appointed. Socionext is Japan's leading System LSI company, with a specific focus and core competence in imaging and optical networking technologies. Headquartered in Yokohama, Socionext has seven offices in Japan, including Kyoto and other areas, and 15 international offices in Asia, the United States, and Europe.