Financial News from Business Wire

  • Ideal Cures Pvt. Ltd.: Ideal Cures Expands its Global Reach with a Presence in America Business Wire - 29 minutes ago

    Ltd, an India based global company, manufacturer, global supplier and provider of technical support for pharmaceutical coatings and excipients, announces the opening of their representative office in the United States of America, and the appointment of Dr. Kamlesh Oza, Ph. D. as President – Global Business Development. This new office in the US will augment its global reach from a well-developed network in Asia and Europe to the Americas.  Ideal Cures presently has three EXCiPACT™ certified cGMP manufacturing plants in India and offices in India, Italy, Spain, Turkey and Israel.

  • Hotel Okura to Open Luxury Property in Phnom Penh Business Wire - 2 hours 14 minutes ago

    TOKYO--(BUSINESSWIRE)-- Hotel Okura Co., Ltd. announced today that it signed a contract with TEHO Development Cambodia Pte Ltd. to develop and manage The Okura Prestige Phnom Penh, a luxury hotel to be ...

  • Promius Pharma™ Receives FDA Approval for Sernivo (betamethasone dipropionate) Spray, 0.05% Business Wire - 3 hours ago

    HYDERABAD, India & PRINCETON, N.J.--(BUSINESSWIRE)-- Dr. Reddy’s announced today that its US subsidiary, Promius Pharma TM , LLC, U.S. (BSE: 500124, NSE: DRREDDY, NYSE: RDY), has received approval for ...

  • NTT Communications Launches New Ultra-low-latency Connectivity Service Between JPX & SGX Business Wire - 3 hours ago

    TOKYO--(BUSINESSWIRE)-- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (NYSE: NTT), announced today that it has added a new ultra-low-latency ...

  • Mitsubishi Electric Develops High-precision Air-quality Sensor for PM2.5 Business Wire - 6 hours ago

    TOKYO--(BUSINESSWIRE)-- Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has developed a small, high-precision air-quality sensor, the world first to detect all fine particles measuring ...

  • Wells Fargo Enterprise Global Services Holds 4th Annual 10K 2,000 Team Members Walk, Run, and Ride to … Business Wire - Sat, Feb 6, 2016 4:43 PM AEDT

    HYDERABAD, India & BENGALURU, India & CHENNAI, India--(BUSINESSWIRE)-- More than 2,000 Wells Fargo Enterprise Global Services (EGS) - India team members across three major cities participated in the company’s ...

  • Global-Tech Advanced Innovations Announces Extraordinary General Meeting of Shareholders Business Wire - Sat, Feb 6, 2016 9:30 AM AEDT

    Pursuant to the Merger Agreement and the Plan of Merger, Merger Sub will be merged with and into the Company (the “Merger”) with the Company continuing as the surviving corporation. If completed, the proposed Merger would result in the Company becoming a privately-held company and the ordinary shares of the Company will no longer be listed on the Nasdaq Stock Market LLC. The Company’s board of directors, acting upon the unanimous recommendation of a special committee of the Company’s board of directors composed entirely of independent directors who are unaffiliated with Parent, Merger Sub or any member of the buyer group or management of the Company, authorized and approved the Merger Agreement, the Plan of Merger and the transactions contemplated thereby (including the Merger) and resolved to recommend that the Company’s shareholders vote FOR, among other things, the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the transactions contemplated thereby (including the Merger).

  • Global Wind Turbine Bearings Market - Projected to Reach $7.8 billion by 2020 - Research and Markets Business Wire - Sat, Feb 6, 2016 6:34 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/3445z9/global_wind ) has announced the addition of the "Global Wind Turbine Bearings Market - Growth Trends ...

  • Relapsed Chronic Lymphocytic Leukemia (CLL) - Pipeline Review, H2 2015 - Research and Markets Business Wire - Sat, Feb 6, 2016 6:12 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/w7g2gd/relapsed_chronic ) has announced the addition of the "Relapsed Chronic Lymphocytic Leukemia (CLL) ...

  • A.M. Best Assigns Ratings to Quest Insurance Group Limited Business Wire - Sat, Feb 6, 2016 6:07 AM AEDT

    SINGAPORE--(BUSINESSWIRE)-- A.M. Best has assigned a financial strength rating of B (Fair) and an issuer credit rating of “bb” to Quest Insurance Group Limited (Quest) (New Zealand). The outlook assigned to both ratings is stable. Incorporated in 2004, Quest is a wholly owned subsidiary of GFNZ Group Limited (GFNZ), and a sister company to Geneva Financial Services Limited (Geneva).

  • GlobeOne Signs Letter of Intent with HDBank, a Top 10 Commercial Bank in Vietnam Business Wire - Sat, Feb 6, 2016 5:59 AM AEDT

    SANTA MONICA, Calif.--(BUSINESSWIRE)-- GlobeOne™, committed to bringing socially-conscious innovation to the financial sector, today announced that HDBank (Ho Chi Minh Development Commercial Joint Stock Bank) has signed a Letter of Intent with GlobeOne. This is the latest bank in Vietnam to join GlobeOne as it builds up a rapidly expanding network of Member Banks around the world, a network that offers an innovative package of financial services from these banks. Its goal is to provide equal access to tools for financial mobility for all, no matter how little they earn.

  • Asian Education Technology Conference 2016 - Singapore - 29th-30th November 2016 - Research and Mark … Business Wire - Sat, Feb 6, 2016 5:42 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/l7dlw9/the_asian ) has announced the addition of the "The Asian Education Technology Conference 2016 (Singapore ...

  • A.M. Best Affirms Ratings of General Insurance Corporation of India Business Wire - Sat, Feb 6, 2016 5:40 AM AEDT

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of General Insurance Corporation of India (GIC Re) (India). The ratings reflect GIC Re’s strong risk-adjusted capitalization and business profile in its domestic market. Favorable capital growth has lifted GIC Re’s capital position to INR 419 billion (USD 6.7 billion) at financial year-end 2015 from INR 261 billion (USD 5.8 billion) at financial year-end 2010.

  • Analyzing the Energy Industry in Japan 2016 - Research and Markets Business Wire - Sat, Feb 6, 2016 5:23 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/4cg2fs/analyzing_the ) has announced the addition of the "Analyzing the Energy Industry in Japan 2016" ...

  • Kyrgyz Insurance Industry Report 2016 - Governance, Risk and Compliance - Research and Markets Business Wire - Sat, Feb 6, 2016 5:20 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/2vgzkt/governance_risk ) has announced the addition of the "Governance, Risk and Compliance - The Kyrgyz ...

  • Schlumberger-Cameron Merger Receives Unconditional Clearance from European Commission Business Wire - Sat, Feb 6, 2016 5:00 AM AEDT

    PARIS--(BUSINESSWIRE)-- Schlumberger Limited (NYSE:SLB - News) and Cameron International Corporation (NYSE:CAM - News) jointly announced today that the European Commission has cleared their proposed merger without any conditions following a Phase 1 review. Under the terms of the merger agreement, Schlumberger and Cameron only await regulatory approval from the Ministry of Commerce of the People’s Republic of China.

  • Governance, Risk and Compliance - The Mongolian Insurance Industry 2016 - Research and Markets Business Wire - Sat, Feb 6, 2016 4:33 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/xl8jk2/governance_risk ) has announced the addition of the "Governance, Risk and Compliance - The Mongolian ...

  • Technavio Reveals Key Highlights from Their New Global LED Backlight Display Driver ICs Market 2016-2020 … Business Wire - Sat, Feb 6, 2016 4:20 AM AEDT

    LONDON--(BUSINESSWIRE)-- Technavio’s latest semiconductor industry report covers the present scenario and growth prospects for the global LED backlight display driver ICs market during the period 2016-2020. In this report, Technavio research experts announce their key market highlights for the global LED backlight display driver ICs market. The global LED backlight DDIC market was valued at USD 3.37 billion in 2015 and will likely fall to USD 2.19 billion by the end of 2020, decreasing at a CAGR of 8.24% during the forecast period.

  • Technavio Reveals Key Highlights from Their New Global Handheld Label Printer Market 2015-2019 Repor … Business Wire - Sat, Feb 6, 2016 4:00 AM AEDT

    LONDON--(BUSINESSWIRE)-- Technavio’s latest report covers the present scenario and growth prospects for the global handheld label printer market during the period 2015-2019. In this report, Technavio research experts announce their key market highlights for the global handheld label printer market. The global portable printer market was valued at USD 9.78 billion in 2014 and is expected to reach USD 12.41 billion in 2019, growing at a CAGR of 4.88% during the forecast period.

  • Technavio Reveals Key Highlights from Their New Global Baby Shampoo and Conditioner Market 2015-2019 … Business Wire - Sat, Feb 6, 2016 3:00 AM AEDT

    LONDON--(BUSINESSWIRE)-- Technavio’s latest report covers the present scenario and growth prospects for the global baby shampoo and conditioner market during the period 2015-2019. In this report, Technavio research experts announce their key market highlights for the global baby shampoo and conditioner market. The global baby shampoo and conditioner market was valued at USD 1.55 billion in 2014 and is expected to reach USD 2.10 billion by 2019, growing at a CAGR of 6.26%.

  • Japanese Revolving Sushi Chain Restaurant, "Kula Sushi" Opens in Cupertino, California Business Wire - Sat, Feb 6, 2016 3:00 AM AEDT

    CUPERTINO, Calif. & OSAKA, Japan--(BUSINESSWIRE)-- Kura Corporation (TOKYO:2695), the Japanese operator of the revolving sushi chain, “Muten Kula Sushi,” currently operates 360 locations across Japan, ...

  • Ford Begins 2016 with Record-breaking Month in China, January Sales Up 36 Percent Business Wire - Sat, Feb 6, 2016 2:30 AM AEDT

    SHANGHAI--(BUSINESSWIRE)-- Ford Motor Company started 2016 with record-breaking sales in China, with 130,832 Ford vehicles sold in January, up 36 percent compared to January 2015. Record sales of the Ford ...

  • Analyzing the Coal Industry in China 2016 - Research and Markets Business Wire - Sat, Feb 6, 2016 2:15 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/knwqrc/analyzing_the ) has announced the addition of the "Analyzing the Coal Industry in China 2016" ...

  • $150 Million in Settlements in Air Cargo Litigation Resolves Claims Against All But Two Holdout Defendants … Business Wire - Sat, Feb 6, 2016 2:12 AM AEDT

    NEW YORK--(BUSINESSWIRE)-- Robins Kaplan LLP announced today settlements totaling $150 million with half of the remaining defendants in long-running antitrust litigation originally brought against nearly ...

  • AOKI Holdings Announces Summary of Consolidated Financial Results for the Third Quarter of the Fiscal … Business Wire - Sat, Feb 6, 2016 2:00 AM AEDT

    YOKOHAMA, Japan--(BUSINESSWIRE)-- AOKI Holdings Inc. (TOKYO:8214) (ISIN:JP3105400000) announced its consolidated financial results for the Third Quarter of the Fiscal Year Ending March 31, 2016. In the first nine months of the current fiscal year, the Japanese economy on the whole continued to recover slowly. In this environment, the AOKI Group implemented various measures in each business segment.

  • Bidgely Advances State of Customer Engagement and Behavior-Driven Energy Efficiency With New Mobile  … Business Wire - Sat, Feb 6, 2016 2:00 AM AEDT

    The HomeBeat app is currently being rolled out by various utilities globally, including leading utility and Bidgely investor RWE (ETR:RWE) in Europe, as well as ComEd, London Hydro and others in North America. On the heels of an oversubscribed Series B round that attracted new strategic utility investors, Bidgely introduces the new HomeBeat™ consumer engagement mobile app for utilities.

  • Taiwanese Fabless IC Industry Report, 4Q 2015 - Research and Markets Business Wire - Sat, Feb 6, 2016 1:54 AM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/sd6jqg/the_taiwanese ) has announced the addition of the "The Taiwanese Fabless IC Industry, 4Q 2015" ...

  • Fruit Ninja Developer Shines Spotlight on Fans in New YouTube Series Business Wire - Sat, Feb 6, 2016 1:21 AM AEDT

    BRISBANE, Australia--(BUSINESSWIRE)-- Australian game developer Halfbrick Studios has enlisted the help of budding filmmakers to create a new web series called Fruit Ninja Nation. The series, which premieres Friday morning EST (US), aims to bring original programming and fan-generated content under one umbrella, employing a dedicated YouTube channel to showcase leading content from around the world. Sam White, Vice President of Entertainment and Licensing at Halfbrick, says the videos will also be integrated into the Fruit Ninja mobile app, a game enjoyed by approximately 60 million users each and every month.

  • Investor Group to Acquire Chicago Stock Exchange Business Wire - Sat, Feb 6, 2016 12:45 AM AEDT

    CHICAGO--(BUSINESSWIRE)-- The Chicago Stock Exchange, Inc. (CHX) is pleased to announce that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing Casin Enterprise Group (the “Casin Group”). The Board of Directors of CHX has unanimously approved the transaction, which is subject to regulatory approvals. Terms of the transaction have not been disclosed.

  • NexStreaming at the 2016 Mobile World Congress Business Wire - Sat, Feb 6, 2016 12:07 AM AEDT

    MADRID, Spain--(BUSINESSWIRE)-- NexStreaming (KOSDAQ:139670) announced today that they will be again present with a booth at the Mobile World Congress, the world’s largest gathering for the mobile industry, ...

  • Allegro Announces Next Generation Commodity Management Software with Allegro Horizon Business Wire - Sat, Feb 6, 2016 12:00 AM AEDT

    DALLAS--(BUSINESSWIRE)-- Allegro Development Corporation, a leading provider of commodity management software, announced today that it has officially begun marketing its new software product, Allegro Horizon, ...

  • APAC E-Cigarette and Vaporizer Device Market - Estimation & Forecast - Expected to Reach $5.37 Billion … Business Wire - Fri, Feb 5, 2016 11:44 PM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/jbzp7z/apac_ecigarette ) has announced the addition of the "APAC E-Cigarette and Vaporizer Device Market ...

  • China Respiratory Devices Market Outlook 2015-2021 - Research and Markets Business Wire - Fri, Feb 5, 2016 11:14 PM AEDT

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/ld26gc/china_respiratory ) has announced the addition of the "China Respiratory Devices Market Outlook to ...

  • Panasonic Develops Industry-First*1 123dB Simultaneous-Capture Wide-Dynamic-Range Technology Using an … Business Wire - Fri, Feb 5, 2016 9:40 PM AEDT

    OSAKA, Japan--(BUSINESSWIRE)-- Panasonic Corporation today announced that it has developed a new wide-dynamic-range technology that can improve simultaneous-capture wide dynamic range 100 times ...

  • Panasonic Develops 10 Times Higher Saturation and Highly Functional Global Shutter Technology by Controlling … Business Wire - Fri, Feb 5, 2016 9:15 PM AEDT

    OSAKA, Japan--(BUSINESSWIRE)-- Panasonic Corporation today announced that it has developed a new highly functional global shutter technology for a CMOS image sensor using organic photoconductive film (OPF) ...