Financial News from Business Wire

  • Research and Markets: Global Data Center Uninterruptible Power Supply (UPS) Market 2015-2019 Business Wire - Sat, Aug 1, 2015 5:03 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/6m43vl/global_data ) has announced the addition of the "Global Data Center Uninterruptible Power Supply (UPS) ...

  • DEADLINE ALERT: GPM Reminds Investors of the Upcoming Deadline in the Class Action Lawsuit Against China … Business Wire - Sat, Aug 1, 2015 4:58 AM AEST

    LOS ANGELES--(BUSINESSWIRE)-- Glancy Prongay & Murray (“GPM”) reminds investors that a class action lawsuit has been filed on behalf of a class investors who purchased shares of China Finance Online, Co. ...

  • Research and Markets: Packaging Market in India 2015-2019 - Market to grow at a CAGR of 15.44% Business Wire - Sat, Aug 1, 2015 4:36 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/c88wd4/packaging_market ) has announced the addition of the "Packaging Market in India 2015-2019" report ...

  • Research and Markets: Construction Outlook in Japan 2015-2019 - Investment in Reconstruction of Public … Business Wire - Sat, Aug 1, 2015 4:35 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3qbfsd/construction) has announced the addition of the "Construction Outlook in Japan 2015-2019" report to their offering. The construction industry in Japan is driven largely by the private sector, accounting for 56% of the total construction investment in 2014. This report covers the present scenario and the growth prospects of the construction market in Japan for the period 2015-2019.

  • UK and Southeast Asian Companies to Benefit from New Collaboration Tool Business Wire - Sat, Aug 1, 2015 4:24 AM AEST

    NEW YORK--(BUSINESSWIRE)-- Harvey Nash, a global IT outsourcing and professional recruitment company, today announces plans for a new tech hub enabling collaboration between UK and Vietnamese technology companies - news welcomed by Britain’s Prime Minister David Cameron and Vietnam’s Prime Minister Nguyen Tan Dung. The UK is renowned for its digital technology innovation and Harvey Nash, in partnership with the UK Trade & Investment (UKTI), intends to facilitate the establishment of new networks in ASEAN (nations in South East Asia) through the launch of the tech hub virtual network.

  • Research and Markets: Japan Cinema Industry Report 2015 Business Wire - Sat, Aug 1, 2015 4:15 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/pvbxlz/japan_cinema ) has announced the addition of the "Japan - Cinema Industry" report to their offering. ...

  • A.M. Best Affirms Ratings of Dongbu Insurance Co., Ltd. Business Wire - Sat, Aug 1, 2015 3:33 AM AEST

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a+” of Dongbu Insurance Co., Ltd. (Dongbu) (South Korea). The ratings reflect Dongbu’s robust risk-adjusted capitalization, long-term track record of strong operating performance and sound market profile. Dongbu’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), improved in fiscal year 2014 and remained strong and supportive of the current ratings.

  • A.M. Best Affirms Ratings of Central Reinsurance Corporation Business Wire - Sat, Aug 1, 2015 3:04 AM AEST

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of Central Reinsurance Corporation (Central Re) (Taiwan). The rating affirmations reflect Central Re’s solid risk-adjusted capitalization, improved underwriting performance (excluding compulsory auto liability insurance (CALI) business) and its strong presence in the Taiwan reinsurance market.

  • A.M. Best Affirms Ratings of Provident Insurance Corporation Limited Business Wire - Sat, Aug 1, 2015 2:57 AM AEST

    SINGAPORE--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb” of Provident Insurance Corporation Limited (PICL) (New Zealand). The ratings reflect PICL’s adequate capital position and business profile. PICL’s business profile benefits from the business it secures from several affiliated car dealerships.

  • Research and Markets: Hot Drinks Market in APAC 2015-2019 - Upward Shift in Consumer's Preference Scale … Business Wire - Sat, Aug 1, 2015 1:40 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/wwpkpn/hot_drinks_market ) has announced the addition of the "Hot Drinks Market in APAC 2015-2019" report ...

  • Young Asia-Pacific Scientists Tackle Climate Change Challenges Business Wire - Sat, Aug 1, 2015 12:24 AM AEST

    HOBOKEN, N.J.--(BUSINESSWIRE)-- Science, innovation and technology officials from APEC member economies have identified twelve young scientists in the Asia-Pacific region whose cutting-edge research is leading the way in the fight against climate change. The scientists are finalists for the 2015 APEC Science Prize for Innovation, Research and Education under the theme: “Disaster Risk Reduction: Understanding the Role of Climate Change and Variability.” The focus of the program, known as the ASPIRE Prize, is on the cross-border development of technologies to help economies adapt to changing natural conditions, strengthen environmental protection and build more resilient, sustainable communities. “Rising sea levels and the increasing occurrence of extreme weather are indicative of the huge challenges that climate change poses to lives and livelihoods, particularly in the Pacific Rim,” said Secretary Mario Montejo of the Philippines’ Department of Science and Technology—champion of this year’s ASPIRE Prize theme as APEC Chair in 2015.

  • SIRO Clinpharm Announces Chief Operating Officer Dr. Vatsal Shah Business Wire - Fri, Jul 31, 2015 11:00 PM AEST

    MUMBAI, India--(BUSINESSWIRE)-- SIRO Clinpharm, a leading full service Clinical Research Organization, announced the appointment of its new Chief Operating Officer, Dr. Vatsal Shah, who has been with the company for over 3 years. Dr. Vatsal will be located at the company headquarters in Mumbai, and, as a new COO, he will be responsible to ensure seamless delivery of SIRO’s integrated services of clinical operations, medical writing, clinical data management, biostatistics & programming, pharmacovigilance, and clinical trial supplies management. With over 18 years of experience encompassing all Clinical Research services across diverse industry spaces of pharmaceutical companies, CROs and KPOs, Vatsal was a key member to create and lead one of India’s largest medical writing teams in his stint with Novartis, as well as with SIRO, the most notable and major feats the industry has seen in the country.

  • MiracleIN Agrees with Ajou University to Jointly Develop Medicine for Preventing Various Viruses and … Business Wire - Fri, Jul 31, 2015 10:00 PM AEST

    INCHEON, South Korea--(BUSINESSWIRE)-- MiracleIN, a Korean venture company that developed electrolytic technology for eco-friendly water treatment, announced that it signed on July 31, an agreement with Ajou University College of Pharmacy for jointly developing medicine for preventing infectious diseases caused by various viruses and bacteria. The project will be led by Prof. Lee Joo-yeoun and Prof. Kim Su-dong at Ajou University College of Pharmacy based on MiracleIN's composition under development. When this new drug is developed, Ajou University’s College of Pharmacy will register it with Korea’s Ministry of Food, Drug and Safety, and then seek to register with the U.S. FDA after developing technologies in conjunction with University of Maryland in the United States.

  • Research and Markets: South Korea Cinema Industry Report 2015 Business Wire - Fri, Jul 31, 2015 9:48 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/8lxcx9/south_korea ) has announced the addition of the "South Korea - Cinema Industry" report to their ...

  • Viacom Acquires 50% Stake in Indian Regional Networks Business Wire - Fri, Jul 31, 2015 9:47 PM AEST

    NEW YORK & MUMBAI--(BUSINESSWIRE)-- Viacom Inc. (Nasdaq: VIAB, VIA), today announced that it has acquired a 50% interest in Prism TV Private Limited for 9.4BN rupees (approximately $153M USD). Prism TV ...

  • KKR Invests in India’s JBF Group Business Wire - Fri, Jul 31, 2015 9:09 PM AEST

    MUMBAI, India--(BUSINESSWIRE)-- JBF Industries Ltd. (“JBF”), a leading manufacturer of polyester value-chain products, has signed a definitive agreement with global investment firm KKR under which KKR ...

  • The Bank of Tokyo-Mitsubishi UFJ, Ltd. Announces Consolidated Summary Report of Mitsubishi UFJ Financial … Business Wire - Fri, Jul 31, 2015 8:28 PM AEST

    TOKYO--(BUSINESSWIRE)-- The Bank of Tokyo-Mitsubishi UFJ, Ltd.: Consolidated Summary Report for the three months ended June 30, 2015   Company name:   Mitsubishi UFJ Financial Group, ...

  • Republic of China's Academia Historica Announced the Launch of Bilingual Website on 2nd Sino-Japanese … Business Wire - Fri, Jul 31, 2015 7:56 PM AEST

    TAIPEI, Taiwan--(BUSINESSWIRE)-- A website on China's War of Resistance against Japan (1937-1945) and the retrocession of Taiwan to the Republic of China (ROC) was launched in early July, with the content offered in both Chinese and English. Visitors to the site can find information about the historical event, following a timeline that begins with the Marco Polo Bridge Incident on July 7, 1937 and ends in October of 1945 when the Nationalist Chinese army was preparing to take over Taiwan from Japan. The website also features more current information such as President Ma Ying-jeou's (馬英九) presentation of commemorative medals to 25 WWII veterans in mid-June, a military display on July 4, and an international conference that was held July 7-9 to mark the 70th anniversary of the end of the war.

  • Precise Biometrics: Precise BioMatch Mobile Integrated in New Chinese Smartphone Business Wire - Fri, Jul 31, 2015 7:11 PM AEST

    Precise Biometrics’ (STO:PREC.ST - News) product for fingerprint recognition in mobile devices, Precise BioMatch Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in smartphone from one of the world’s largest mobile phone manufacturers. ”We are pleased to see that Precise BioMatch Mobile has been integrated in this new model as well. In a recent market analysis of fingerprint biometrics for mobile devices, Frost & Sullivan praised Precise BioMatch Mobile for providing superior fingerprint authentication for smartphones and tablets.

  • NTT Com Named as a Leader in IDC ITMarketScape Worldwide Telecom Service Provider Vendor Assessment Business Wire - Fri, Jul 31, 2015 4:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- NTT Communications (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), announced today that it has been positioned as a Leader in International ...

  • Notice Concerning the Difference between Forecasts and Actual Financial Results for the Three Months … Business Wire - Fri, Jul 31, 2015 4:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the difference between its consolidated financial forecasts, ...

  • Renesas Electronics Reports Financial Results for the First Quarter Ended June 30, 2015 Business Wire - Fri, Jul 31, 2015 4:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months ended June 30, 2015. Summary of Consolidated Financial Results     ...

  • Renesas Electronics Announces Consolidated Forecasts and Forecasts of Cash Dividends Business Wire - Fri, Jul 31, 2015 4:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the six months ending ...

  • LinkedIn announces the launch of Bring in Your Parents Day 2015 with Doro Business Wire - Fri, Jul 31, 2015 1:15 PM AEST

    MOUNTAIN VIEW, Calif.--(BUSINESSWIRE)-- LinkedIn, (NYSE:LNKD - News) the world’s largest online professional network, announces today the launch of the third annual Bring In Your Parents Day, taking place this year on Thursday, November 5, 2015. Global market-leader in senior mobile phone development, Doro is among the first companies to have signed up for this year’s event. LinkedIn launched Bring In Your Parents (BIYP) in 2013 after research uncovered that more than one in three parents had no idea what their child did for a living.

  • SoftBank Launches ‘SoftBank Innovation Program’ Business Wire - Fri, Jul 31, 2015 12:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO:9984), today announced that it launched the ‘SoftBank Innovation Program’, a program that seeks a wide range of innovative solutions and technologies from outside the company for joint consideration and commercialization. The SoftBank Innovation Program’s aim is to create new value by taking reviewed and selected third-party innovative solutions and technologies and combining them with SoftBank’s own resources. For applicants that make the shortlist, SoftBank will provide funding for prototype development, environments for test marketing and other forms of assistance.

  • Wayfair Sells its Australian-based Business to Australia’s #1 Online Furniture & Homewares Retailer Temple … Business Wire - Fri, Jul 31, 2015 11:15 AM AEST

    BOSTON--(BUSINESSWIRE)-- Wayfair (NYSE:W), one of the world’s largest online destinations for home furnishings and décor, today executed an acquisition agreement to sell its Australian-based business to Temple & Webster, Australia’s #1 members-only online destination for the home. The www.wayfair.com.au website will continue to operate under the Wayfair name for 45 days and then will be re-introduced under a new brand name from Temple & Webster. “We are confident that the transition of our Australian business will serve our existing Australian-based customers and employees well.

  • First Responder and Public Safety LTE will Exceed US$5 Billion by 2020, Says ABI Research    Business Wire - Fri, Jul 31, 2015 11:00 AM AEST

    SINGAPORE--(BUSINESSWIRE)-- In recent years, LTE has emerged as a challenger to existing public safety communication protocols. Continual refinements from 3GPP Releases and commercial collaboration between ...

  • BBPOS Unveils Best-in-Class Chipper 2X Scheduled for Q3 2015 Debut, the Market's Newest Standard for … Business Wire - Fri, Jul 31, 2015 8:00 AM AEST

    HONG KONG--(BUSINESSWIRE)-- BBPOS, the global mobile point-of-sale (mPOS) innovation and solutions leader, will debut its new Chipper 2X device in the third quarter of 2015, the only mobile card payment ...

  • Taro to Announce First Quarter Results on August 6, 2015 Business Wire - Fri, Jul 31, 2015 7:09 AM AEST

    HAWTHORNE, N.Y.--(BUSINESSWIRE)-- Taro Pharmaceutical Industries Ltd. (NYSE:TARO) announced today that it plans to release its financial results for the quarter and three months ended June 30, 2015, after ...

  • IFF Completes Acquisition of Lucas Meyer Cosmetics Business Wire - Fri, Jul 31, 2015 6:30 AM AEST

    NEW YORK--(BUSINESSWIRE)-- Regulatory News: International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF), a leading global creator of flavors and fragrances for consumer products, today announced ...

  • AmpliPhi to Present Research on Efficacy of a Novel Bacteriophage Cocktail in S. aureus Lung Infection … Business Wire - Fri, Jul 31, 2015 6:10 AM AEST

    SAN DIEGO & RICHMOND, Va. & LJUBLJANA, Slovenia & SYDNEY--(BUSINESSWIRE)-- AmpliPhi BioSciences Corporation (OTCQB:APHB - News), a global leader in the development of bacteriophage-based antibacterial therapies to treat drug resistant infections, today announced that data comparing the efficacy of its bacteriophage cocktail to vancomycin in a Staphylococcus aureus lung infection mouse model will be presented at the joint Interscience Conference of Antimicrobial Agents and Chemotherapy (ICAAC) and International Congress of Chemotherapy and Infection (ICC) 2015 meeting, September 17-21 in San Diego. Karen Joy Shaw, Ph.D., AmpliPhi’s Senior Microbiology Consultant, will present the data in a poster entitled ‘Efficacy of a Bacteriophage Cocktail in a Staphylococcus aureus Mouse Pneumonia Model is Comparable to Vancomycin’ (F-274) as part of the poster session ‘New Agents and Approaches Addressing Gram-Positive Pathogens, including Mycobacteria’ on Friday, September 18 at 12pm in Exhibition Hall F.

  • A.M. Best Affirms Ratings of BOC Group Life Assurance Company Limited Business Wire - Fri, Jul 31, 2015 5:00 AM AEST

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit rating of “a” of BOC Group Life Assurance Company Limited (BOCGL) (Hong Kong). The ratings of BOCGL reflect its good risk-adjusted capitalization and solid competitive position in Hong Kong’s life insurance market. The ratings also recognize the continued capital and operational support provided by its banking parent BOC Hong Kong (Holdings) Limited (BOCHK).

  • Research and Markets: Global Electric Shovel Market 2015-2019 Business Wire - Fri, Jul 31, 2015 4:26 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets (http://www.researchandmarkets.com/research/xlk2n2/global_electric) has announced the addition of the "Global Electric Shovel Market 2015-2019" report to their offering. This report covers the present scenario and growth prospects of the global electric shovel market for 2015-2019. The future performance of the global electric shovel market is forecast based on the predicted CAGR after a detailed analysis of the conditions prevailing in the market.

  • Mphasis Implements Wynsure Solution for CUNA Mutual Group Business Wire - Fri, Jul 31, 2015 4:18 AM AEST

    NEW YORK--(BUSINESSWIRE)-- Mphasis Wyde , a leading IT solutions provider, today announced the implementation of its Wynsure solution for CUNA Mutual Group , a leading provider of insurance to credit unions ...

  • Research and Markets: Governance, Risk and Compliance - The Timor-Leste Insurance Industry 2015 Business Wire - Fri, Jul 31, 2015 4:08 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/5nd8vt/governance_risk ) has announced the addition of the "Governance, Risk and Compliance - The Timor-Leste ...