Financial News from Business Wire

  • SanBio Presents at Annual European Stroke Organisation Conference Business Wire - Sat, Apr 18, 2015 1:05 PM AEST

    SAN FRANCISCO & GLASGOW, Scotland--(BUSINESSWIRE)-- SanBio, a leading regenerative medicine company focused on the discovery and development of new regenerative cell therapies, today announced one of its ...

  • ATI CEO Noel Irwin Hentschel Speaks on China & Cuba Tourism at Cornell Leadership Forum in Washington, … Business Wire - Sat, Apr 18, 2015 9:11 AM AEST

    WASHINGTON--(BUSINESSWIRE)-- Noel Irwin Hentschel, CEO of AmericanTours International (ATI), spoke to a packed audience of hospitality industry leaders at the Cornell University and American Hotel & Lodging ...

  • Statement from Alibaba Group Business Wire - Sat, Apr 18, 2015 7:34 AM AEST

    HANGZHOU, China--(BUSINESSWIRE)-- A statement from Alibaba Group Holding Ltd. (NYSE:BABA) is below: “Today Alibaba Group received notices from Zhejiang Price Bureau that the company has been fined RMB500,000 (approx. ...

  • C3 Energy Joins Presidential Trade Mission in China to Accelerate Application of Innovative Energy T … Business Wire - Sat, Apr 18, 2015 2:56 AM AEST

    REDWOOD CITY, Calif.--(BUSINESSWIRE)-- C3 Energy joined 25 leading American companies in the first Presidential Trade Mission to the People’s Republic of China under the Obama Administration. The trade ...

  • Eros International Announces Movie Streaming Partnership with Asianet Broadband Business Wire - Sat, Apr 18, 2015 2:49 AM AEST

    LONDON--(BUSINESSWIRE)-- Eros International Plc (NYSE: “EROS”) (“Eros”), a leading global company in the Indian film entertainment industry, announced the launch of a broadband movie streaming service partnership, “Broadband Movies”, between ErosNow, the dedicated online entertainment service of Eros International and Asianet Broadband, the single largest private Internet Service Provider in Kerala, India. The streaming service will provide Asianet customers with high quality entertainment content from the ErosNow platform, including its south Indian repertoire of movies and music, on multiple smart devices.

  • A.M. Best Revises Outlook to Negative for Halyk-Life, Life Insurance Subsidiary Company of the Halyk … Business Wire - Sat, Apr 18, 2015 12:52 AM AEST

    LONDON--(BUSINESSWIRE)-- A.M. Best has revised the outlook to negative from stable and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Halyk-Life, Life Insurance Subsidiary Company of the Halyk Bank of Kazakhstan, JSC (Halyk-Life) (Kazakhstan). This has placed pressure on the company’s risk-adjusted capitalisation, with shareholders’ funds growing at a much slower pace compared with premium volumes. Owing to the low level of capital buffer inherent within Halyk-Life’s risk-adjusted capitalisation, there is uncertainty as to the company’s ability to absorb severe losses arising from the challenging economic situation in Kazakhstan related to the Russian crisis, the country’s high financial system risk and the industry-wide issues that have resulted in a rise in frequency and severity of workers’ compensation claims. Partly offsetting rating factors are Halyk-Life’s track record of receiving capital contributions from its parent to support its expansion, the company’s consistently positive, albeit volatile, operating performance and its established business profile, which is partly supported by its affiliation with a wider financial services group owned by Halyk Bank – a leading retail bank in Kazakhstan.

  • Technavio Publishes New Report on the Global Microgrid Market 2015-2019 Business Wire - Sat, Apr 18, 2015 12:45 AM AEST

    LONDON--(BUSINESSWIRE)-- Increased demand for better power quality has resulted in the gradual growth of the global microgrid market, which is expected to post a CAGR of 18.72 percent from 2015-2019, says research firm Technavio. The quality and consistency of power supply is poor in many countries in the Americas, Asia and Europe. Microgrids help improve the power quality by providing reliable power supply with minimal shortages. They ensure better power quality by enabling connection to macrogrids that helps reduce grid imbalances and power supply intermittence.

  • India Agrees to Address HFCs under Montreal Protocol, Submits Amendment Proposal Business Wire - Sat, Apr 18, 2015 12:39 AM AEST

    BANGKOK--(BUSINESSWIRE)-- India has submitted an advance copy of an amendment proposal to the Montreal Protocol proposing a phase-down of hydrofluorocarbons (HFCs) ahead of next week’s Open Ended Working Group (OEWG) special meeting in Bangkok. “India’s proposal comes as countries are about to participate in a special meeting of the Montreal Protocol to address HFCs,” said Clare Perry, Head of Climate at the Environmental Investigation Agency (EIA). “It is refreshing to see India come to the negotiating table for these potent greenhouse gases, as India has historically been opposed to such an amendment,” said Avipsa Mahapatra, EIA International Climate Policy Analyst.

  • Research and Markets: Global and Chinese Crane Sector Report 2015-2020 Business Wire - Fri, Apr 17, 2015 11:57 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/pk38c5/global_and ) has announced the addition of the "Global and Chinese Crane Sector Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Medical Perimeter Industry, 2010-2020 Market Research Repor … Business Wire - Fri, Apr 17, 2015 11:56 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/t7zpd5/global_and ) has announced the addition of the "Global and Chinese Medical Perimeter Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Automated Blood Bank System Industry, 2010-2020 Market Research … Business Wire - Fri, Apr 17, 2015 11:46 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/7rnvkc/global_and ) has announced the addition of the "Global and Chinese Automated Blood Bank system Industry, ...

  • Avipep's Clinical Study of AVP-04 in Ovarian and Prostate Cancer Selected for Oral Presentation at A … Business Wire - Fri, Apr 17, 2015 11:11 PM AEST

    MELBOURNE, Australia & PHILADELPHIA, Pa.--(BUSINESSWIRE)-- Australian antibody company Avipep has today announced the clinical results of the imaging study of AVP04, the company’s treatment for advanced prostate and ovarian cancers, will be presented at the world’s largest cancer therapies conference AACR in Philadelphia, USA, on Monday (US EDT). The Study’s principal investigator Professor Andrew Scott, Scientific Director of the Melbourne based PET Centre at Austin Health and Lab Head at the Olivia Newton-John Cancer Research Institute will present the data as part of the AACR session Clinical Trials of Novel Therapeutics.

  • Kulicke & Soffa Joins High-Density Fan-Out Wafer Level Packaging Consortium Business Wire - Fri, Apr 17, 2015 11:05 PM AEST

    SINGAPORE--(BUSINESSWIRE)-- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - News) ("Kulicke & Soffa", "K&S" or the "Company") today announced they are joining A*STAR’s Institute of Microelectronics (IME)’s High-Density Fan-Out Wafer Level Packaging (FOWLP) consortium, together with other major industry players. Kulicke & Soffa (NASDAQ:KLIC - News) is a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment.

  • The Pop Heard Around the World: Latest Doc Popcorn Opening Draws Masses in Japan Business Wire - Fri, Apr 17, 2015 11:00 PM AEST

    DENVER--(BUSINESSWIRE)-- The latest opening of Doc Popcorn at Lalaport Mall in Fujimi this past week drew crowds of customers at its Grand Opening, which marked the second successful opening of the fresh-popped, kettle-cooked popcorn retail franchise in Japan. Less than one year after the first Doc Popcorn grand opening in Tokyo, the Lalaport Mall PopShop™ is the latest step for the brand as it bolsters its international presence. The master franchise agreement, inked last March, will bring 10 Doc Popcorn locations to Japan, the third and fourth of which plan to open sometime this year. Doc Popcorn at Lalaport Mall is owned and operated by FS Planning, an investment group with extensive experience building successful businesses within the restaurant, fast-casual and franchising industries including concepts such as Maxim de Paris, Vieille Vigne, Cote de Rouge, Dominique SAIBRON and Radish Boy.

  • Qantas Celebrates 80 Years of International Services Business Wire - Fri, Apr 17, 2015 11:00 PM AEST

    LOS ANGELES--(BUSINESSWIRE)-- Qantas today celebrates 80 years of operating international flights in what is already a landmark year for the Qantas International business. On 17 April 1935 Qantas operated Australia’s first international passenger flight from Brisbane to Singapore, carrying two paying customers on a DH86 aircraft. Eight decades later Qantas passengers enjoy an international network that services every continent, spanning a network of more than 250 destinations in over 60 countries. Qantas Group Chief Executive Officer Alan Joyce said Qantas had helped shape the global aviation industry, driving higher standards in safety, technology, product and service.

  • iQor Supports The National Kidney Foundation of Malaysia Business Wire - Fri, Apr 17, 2015 11:00 PM AEST

    ST. PETERSBURG, Fla.--(BUSINESSWIRE)-- iQor, a global provider of customer contact solutions and product support services, announced today that their Qares program will donate 23,941.60 (MYR) to the National Kidney Foundation of Malaysia on April 21, 2015. iQor’s Malaysian leadership team including Vice President Steve Deacon and Operations Director Richard Tan will present the cheque to the National Kidney Foundation at No. 29, Jalan Hamilton, 11600 Pulau Pinang. "iQor is committed to creating brighter futures for those who are suffering from kidney related illnesses,” said Vice President Steve Deacon. iQor runs and operates a 14,215 square meter repair facility in Penang, Malaysia, employing more than 550 employees.

  • Axalta Partners with CNHTC to Showcase Environmentally Responsible Painting Solutions for Heavy-Duty … Business Wire - Fri, Apr 17, 2015 10:47 PM AEST

    SHANGHAI--(BUSINESSWIRE)-- Axalta Coating Systems, a leading global supplier of liquid and powder coatings, and the China National Heavy Duty Truck Group Co Ltd. (CNHTC), a leading heavy-duty truck manufacturer, have partnered to demonstrate high performance trucks painted with Axalta’s Imron® Elite environmentally responsible coating solutions at the Shanghai Auto Show. Three CNHTC heavy-duty trucks coated with Imron Elite are on display at CNHTC’s booth at the show, held from April 20th to 28th. Recently introduced in China to meet the needs of the country’s expanding production of heavy duty trucks, Axalta’s Imron Elite high solids solventborne coating is a simple but versatile system for high-performance, high-quality and durable commercial finishing.

  • Research and Markets: Global and Chinese Impact Crusher Industry Report 2015 - Classification, application … Business Wire - Fri, Apr 17, 2015 10:19 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/p9hd3t/global_and ) has announced the addition of the "Global and Chinese Impact Crusher Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Mobile Cone Crusher Industry 2015 - Analysis of Mobile Cone … Business Wire - Fri, Apr 17, 2015 10:06 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/6bpktb/global_and ) has announced the addition of the "Global and Chinese Mobile Cone Crusher Industry, 2010-2020 ...

  • General Moly Announces Strategic Partnership with AMER International Group to Become a Major Shareho … Business Wire - Fri, Apr 17, 2015 9:59 PM AEST

    LAKEWOOD, Colo.--(BUSINESSWIRE)-- General Moly, Inc. (the "Company" or “General Moly”) (NYSE MKT and TSX: GMO), a U.S.-based molybdenum mineral development, exploration, and mining company, announced a significant Investment and Security Purchase Agreement with AMER International Group (“AMER”), a private, Chinese-based multinational company that is one of the world’s largest advanced materials, fine machining, and downstream metals refining providers, and was ranked #295 on the 2014 Fortune Global 500 list, that will also create a strategic partnership and equity investment to assist with General Moly’s ability to secure full project financing for the Mt. Hope Project.

  • Research and Markets: Global and Chinese Mobile Screening Crusher Industry 2015 - Manufacturing Technology … Business Wire - Fri, Apr 17, 2015 9:50 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/9b8jgs/global_and ) has announced the addition of the "Global and Chinese Mobile Screening Crusher Industry, ...

  • Research and Markets: Global and Chinese Screening Crusher Industry Report 2015 - Analysis of Global … Business Wire - Fri, Apr 17, 2015 9:48 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/vxdnm7/global_and ) has announced the addition of the "Global and Chinese Screening Crusher Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Aerial Platform Market 2015 - Application and Manufacturing … Business Wire - Fri, Apr 17, 2015 9:45 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/6km7ms/global_and ) has announced the addition of the "Global and Chinese Aerial Platform Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Emergency Rescuer Insights Reports 2015 Business Wire - Fri, Apr 17, 2015 9:39 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/k4nc6l/global_and ) has announced the addition of the "Global and Chinese Emergency Rescuer Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Drill Rigs Industry Research Report 2015 Business Wire - Fri, Apr 17, 2015 9:31 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/9qvk8k/global_and ) has announced the addition of the "Global and Chinese Drill Rigs Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Feeding Tube Market Report 2015 Business Wire - Fri, Apr 17, 2015 9:25 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/3ftv2h/global_and ) has announced the addition of the "Global and Chinese Feeding Tube Industry, 2010-2020 ...

  • Research and Markets: Global and Chinese Bulb Irrigating Syringe Market Report: 2015 Business Wire - Fri, Apr 17, 2015 9:19 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/q5jkrz/global_and ) has announced the addition of the "Global and Chinese Bulb Irrigating Syringe Industry, ...

  • Research and Markets: Global and Chinese Thumb Control Ring Syringe Market - 2015 Research Report Business Wire - Fri, Apr 17, 2015 9:16 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/ck95pz/global_and ) has announced the addition of the "Global and Chinese Thumb Control Ring Syringe Industry, ...

  • Research and Markets: Global and Chinese Drainage Bag for Thorax Market: 2015 Edition Business Wire - Fri, Apr 17, 2015 9:11 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/6l4lnh/global_and ) has announced the addition of the "Global and Chinese Drainage Bag for Thorax Industry, ...

  • NeuroVive Pharmaceutical: Development of NVP014 for the Treatment of Stroke Enters New Phase in Collaboration … Business Wire - Fri, Apr 17, 2015 4:40 PM AEST

    NeuroVive Pharmaceutical AB (publ)(STO:NVP.ST - News), the mitochondrial medicine company, has announced that the company’s development project NVP014 for the treatment of ischemic stroke is entering a new phase in collaboration with UK partner Isomerase Therapeutics. The former collaboration with to-BBB of the Netherlands concluded at the end of 2014 and on the basis of the results obtained, NeuroVive is now developing new molecules and a more effective method for penetrating the blood-brain barrier.

  • Yale Professor Urges Local Contribution to Mitigation of Global Climate Change Business Wire - Fri, Apr 17, 2015 12:16 PM AEST

    TAINAN, Taiwan--(BUSINESSWIRE)-- In responding to climate change, Professor Karen Seto from Yale University declaring that, “for you to look within for innovative solutions and not to only look outside for innovative solutions” at a panel discussion on April 15 held by National Cheng Kung University (NCKU), Tainan, Taiwan. Seto, Associate Dean of Research at Yale School of Forestry and Environmental Studies, gave a talk on Climate Change Mitigation at the panel discussion, shared the latest insights on mitigation of climate change in urban areas.

  • Northern Trust Establishes Asset Management Sales and Client Service Team in Melbourne Office Business Wire - Fri, Apr 17, 2015 11:00 AM AEST

    MELBOURNE, Australia--(BUSINESSWIRE)-- Northern Trust (Nasdaq:NTRS) today announced it has established an asset management sales and client servicing team in its Melbourne, Australia, office to offer its ...

  • MTTI and National Health Research Institutes present a Novel Cancer Therapeutic at 2015 AACR Business Wire - Fri, Apr 17, 2015 6:29 AM AEST

    WEST CHESTER, Pa.--(BUSINESSWIRE)-- Molecular Targeting Technologies, Inc. (MTTI) and National Health Research Institutes (NHRI), Taiwan announced today that they will present results on a new cancer therapeutic at the American Association of Cancer Research conference (AACR) in Philadelphia. This technology is based on the discovery that dipicolylamine (DPA) derivatives are effective in delivering therapeutic agents to targeted disease sites that have phosphatidylserine exposed on the external surfaces of the cell membranes.

  • Schlumberger Announces First-Quarter 2015 Results Business Wire - Fri, Apr 17, 2015 6:05 AM AEST

    HOUSTON--(BUSINESSWIRE)-- Schlumberger Limited (NYSE:SLB) today reported results for the first-quarter 2015.           (Stated in millions, except per share amounts) Three Months Ended Change Mar. 31, ...

  • Research and Markets: India Water and Air Purifier Market Outlook to 2019 - Increasing Household Coverage … Business Wire - Fri, Apr 17, 2015 5:36 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/qm4r74/india_water_and ) has announced the addition of the "India Water and Air Purifier Market Outlook to ...