Financial News from Business Wire

  • Lincoln MKX Concept Hints at Sophisticated, Elegant Global Sport Utility Vehicle Business Wire - 14 hours ago

    BEIJING--(BUSINESSWIRE)-- The Lincoln Motor Company today unveiled the MKX Concept at Auto China 2014 in Beijing. The Lincoln MKX Concept hints at a global SUV that will become the third of four all-new Lincoln vehicles due by 2016. The Lincoln Motor Company unveiled the MKX Concept at Auto China in Beijing. The MKX Concept hints at a global sport utility vehicle that will become the third of four all-new Lincoln vehicles due by 2016.

  • Marine Staff Sergeant Charlie Linville and The Heroes Project team are safe after Mt. Everest avalan … Business Wire - Sat, Apr 19, 2014 4:28 AM AEST

    LOS ANGELES--(BUSINESSWIRE)-- A tragic avalanche occurred just above Mt. Everest's base camp on the morning of April 18. According to spokesperson for The Heroes Project, Zach Rosenfield, “All members of the team are safe. The Heroes Project team members began their journey to climb Mt. Everest on March 27 and are currently at base camp. Created in 2009 by Tim Medvetz, The Heroes Project is a nonprofit organization that leads mountaineering expeditions with gravely wounded veterans, enabling them to rediscover their strength and pride by scaling the world’s most challenging summits.

  • KILL DataCore’s Software Defined Storage Platform Delivers 100 Percent Uptime and Brings Peace of Mind … Business Wire - Fri, Apr 18, 2014 11:26 PM AEST

    --(BUSINESSWIRE)-- DataCore requests that their press release NewsItemId:20140402005473, issued April 2, 2013, entitled "DataCore's Software Defined Storage Platform Delivers 100 Percent Uptime and ...

  • Pioneers in Regenerative Therapy to Discuss New Trends in Stem Cell Medicine Business Wire - Fri, Apr 18, 2014 11:00 PM AEST

    WASHINGTON--(BUSINESSWIRE)-- Research that resulted in the first stem cells that are pluripotent—those that have the potential to differentiate into almost any cell in the body—will be the backdrop for a discussion about trends in regulation in the field of regenerative medicine at the DIA 2014 50th Annual Meeting, June 15 to 19 in San Diego. Chaired by Shinji Miyake, professor of clinical research for the Keio University School of Medicine in Japan, the session “Pioneering Regenerative Medicine: Trends in Regulations for New Therapy” will introduce the world’s first clinical research of induced pluripotent stem (iPS) cell products, conducted in Japan, and review updated regulatory guidance to bring regenerative medicine to patients who need healthy tissue or organs.

  • Celanese Halogen-Free Fortron® PPS CES50 Developed for Latest Consumer Electronics Device Housings Business Wire - Fri, Apr 18, 2014 10:00 PM AEST

    DALLAS & FRANKFURT & SHANGHAI--(BUSINESSWIRE)-- Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced at Chinaplas ® 2014 that halogen-free Fortron ® polyphenylene ...

  • Spokane Regional Health District Deemed One of Three of the World’s Healthiest Workplaces Business Wire - Fri, Apr 18, 2014 8:00 PM AEST

    The international awards were open to all employers and were divided in three categories—SRHD won in the category of small and medium-sized enterprises and acknowledged for its sincere commitment to wellness at the worksite, as well as a dedication to the health and safety of all employees. SRHD and its Living Well committee is dedicated to developing policies, system and environmental changes that greatly enhance the way employees embrace safe and healthy choices.

  • Two High-end Digital Duplicator Series from RISO Business Wire - Fri, Apr 18, 2014 7:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- RISO KAGAKU CORPORATION (TOKYO:6413)(President & C.E.O.: Akira Hayama) will conduct a worldwide successive launch of two high-end, high-speed digital duplicator series from May ...

  • First Long Range, Zero-Emissions, All-Electric Bus Approved for Sales in Canada Business Wire - Fri, Apr 18, 2014 1:37 PM AEST

    OTTAWA, Ontario--(BUSINESSWIRE)-- The BYD Electric Transit Bus, making news across North America, is now approved for sale and operations in Canada after earning the Canadian Motor Vehicle Safety Standard (CMVSS) Certification and being placed on the “Vehicle Manufacturers Registry” with Transport Canada. Canada Motor Vehicle Safety Standards (CMVSS) prescribes the minimum performance levels that vehicles and equipment must meet to run on Canadian roads and includes several standards beyond the U.S. Federal Motor Vehicle Safety Standards (FMVSS). Evidence of a vendor meeting these standards as well as “other documents … including an Approved Motor Vehicle Safety Test Method, a Technical Standards Document, and/or another third party published test methodology, and are essential to remove ambiguities about the specified tests and testing methodologies to be used in certification testing,” according to https://www.tc.gc.ca/eng/motorvehiclesafety/tp-tp12957-menu-173.htm#introduction.

  • ZTE Provides Technical Support as Air China Launches its First Ground-Air Broadband Test Business Wire - Fri, Apr 18, 2014 12:42 PM AEST

    SHENZHEN, China--(BUSINESSWIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a global provider of telecommunications equipment, network solutions and mobile ...

  • NCKU Professor’s Research on Bike-Share System Published in ‘Operations Research’ Business Wire - Fri, Apr 18, 2014 12:41 PM AEST

    TAINAN, Taiwan--(BUSINESSWIRE)-- Dr. I-Lin Wang, Associate Professor at Department of Industrial & Information Management, National Cheng Kung University (NCKU), southern Taiwan, has worked with researchers from Singapore and China to explore the decision-making in public bike sharing systems. The research, “Models for Effective Deployment and Redistribution of Bicycles within Public Bicycle-Sharing Systems,” had published in the journal, “Operations Research,” in November 2013. All of these decisions are difficult to make, but can be analyzed by the theories of Operations Research (OR), which is the specialty of Prof. Wang. Prof. Wang has started the investigation on bike sharing related research topics by using OR theories and techniques since 2008.

  • APICS and APICS Foundation Honor Rockwell Automation for Supply Chain Management Excellence Business Wire - Fri, Apr 18, 2014 12:30 PM AEST

    CHICAGO & SHANGHAI--(BUSINESSWIRE)-- At the APICS 2014 Shanghai conference, Rockwell Automation Asia Pacific Business Center (APBC) was honored with the APICS Corporate Award of Excellence-Asia for their ...

  • ResolutionMD® First to Receive CFDA Registration for Web and Mobile Diagnosis Business Wire - Fri, Apr 18, 2014 11:00 AM AEST

    CALGARY, Aberta--(BUSINESSWIRE)-- Calgary Scientific Inc., a company known for creating transformative technology for the medical industry and beyond, announced today that ResolutionMD® is first to receive registration from the China Food and Drug Administration (CFDA) for diagnosis on both web and mobile devices for all imaging modalities. This registration enables medical practitioners in China to take advantage of the benefits of mobile diagnosis to improve patient care as they can now access a range of image storage systems and diagnostic tool sets on-the-go. Calgary Scientific worked closely with the CFDA to conduct onsite testing at a CFDA testing center and passed several phases of complex review. "Obtaining this CFDA registration is another significant milestone for Calgary Scientific and is a huge step towards our growth in the Chinese market,” said Pierre Lemire, President and CTO of Calgary Scientific.

  • Chris Wallace Signs Multi-Year Deal with FOX News Business Wire - Fri, Apr 18, 2014 4:26 AM AEST

    NEW YORK--(BUSINESSWIRE)-- FOX News has re-signed Chris Wallace to a new multi-year deal where he will continue as the anchor and moderator of FOX News Sunday, announced Roger Ailes, Chairman and CEO of the network. 2014 marks Wallace’s 50th year in the broadcasting industry since embarking on his television career as a gofer for Walter Cronkite at the 1964 Republican National Convention when he was 16 years old. We are pleased he will continue his exceptional work on FOX News for years to come.” Wallace added, “It is the high point of my career to work at FOX News.

  • Research and Markets: Global and Chinese Steel Coupling Industry Report 2014 Business Wire - Fri, Apr 18, 2014 2:23 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/qb7ddg/global_and ) has announced the addition of the "Global and Chinese Steel Coupling Industry Report ...

  • Research and Markets: Global and Chinese Flavors Industry Report 2014 Business Wire - Fri, Apr 18, 2014 2:20 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/z44b97/global_and ) has announced the addition of the "Global and Chinese Flavors Industry Report 2014" ...

  • Research and Markets: Acrylic Resins Markets in China - 10 Year Forecasts Business Wire - Fri, Apr 18, 2014 2:19 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/28fzbj/acrylic_resins ) has announced the addition of the "Acrylic Resins Markets in China" report to ...

  • Research and Markets: Advanced Materials Markets in China - 10 Year Forecasts Business Wire - Fri, Apr 18, 2014 2:07 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/mtjh8t/advanced ) has announced the addition of the "Advanced Materials Markets in China" report to ...

  • Research and Markets: Biotechnology Equipment Markets in China - 10 Year Forecasts Business Wire - Fri, Apr 18, 2014 2:04 AM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/h6vwcw/biotechnology ) has announced the addition of the "Biotechnology Equipment Markets in China" ...

  • Samsung and GLOBALFOUNDRIES Forge Strategic Collaboration to Deliver Multi-Sourced Offering of 14nm FinFET … Business Wire - Fri, Apr 18, 2014 2:00 AM AEST

    SEOUL, South Korea & SANTA CLARA, Calif.--(BUSINESSWIRE)-- Samsung Electronics Co., Ltd. and GLOBALFOUNDRIES today announced a new strategic collaboration to deliver global capacity for 14 nanometer (nm) ...

  • A.M. Best Affirms Ratings of PVI Reinsurance Joint-stock Corporation Business Wire - Fri, Apr 18, 2014 1:30 AM AEST

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of PVI Reinsurance Joint-stock Corporation (PVI Re) (Vietnam). The ratings reflect PVI Re’s solid risk-adjusted capitalization, favorable operating results and the support from major shareholders of PVI Holdings. The ratings also acknowledge PVI Re’s well-established profile in the Vietnamese reinsurance market as one of the only two local reinsurers in Vietnam. In October 2013, PVI Re increased its charter capital to VND 668 billion from VND 460 billion, in line with its business plan.

  • A.M. Best Upgrades Ratings of PVI Insurance Corporation Business Wire - Fri, Apr 18, 2014 1:30 AM AEST

    HONG KONG--(BUSINESSWIRE)-- A.M. Best has upgraded the financial strength rating to B++ (Good) from B+ (Good) and issuer credit rating to “bbb” from “bbb-” of PVI Insurance Corporation (PVI Insurance) (Vietnam). The upgrade reflects PVI Insurance's improved risk-based capitalization, continuously favorable operating performance, strong presence in the Vietnam non-life insurance market and the support from its shareholders. PVI Insurance continued to strengthen its chartered capital in 2013 according to its business plan, resulting in improvement in its risk-adjusted capitalization. In the near to midterm, the company’s projected profitability and chartered capital increases are expected to support its business growth.

  • CyberZ: In 2013, the Smartphone Game Market Reached 546.8 Billion, Rising 178% from Last Year, Comprising … Business Wire - Fri, Apr 18, 2014 1:00 AM AEST

    TOKYO--(BUSINESSWIRE)-- CyberAgent Co., Ltd. (headquarters: Shibuya, Tokyo, CEO: Susumu Fujita, Tokyo Stock Exchange Mothers listing: code 4751) and the consolidated subsidiary CyberZ Co., Ltd. (headquarters: Shibuya, Tokyo, CEO: Takahiro Yamauchi) collaborated with Seed Planning Co., Ltd (headquarters: Bunkyo, Tokyo, CEO: Yoshio Umeda) in launching a survey of the market trends of smartphone games with the Japan Online Society (headquarters: Shibuya, Tokyo, CEO: Shuuhei Ueda, Kenichi Takano). The survey, in which the smartphone games were categorized as "native apps" and "browser games" (*1), provided the estimation of the user's annual expenditures from January 2013 to December 2013 of smartphone games and in calculating the market scale. The smartphone game market scale in 2013 was 546.8 billion yen, rising 178% from the prior year. Reaching approximately 2.2 times the domestic home video game market, it comprised of close to half of the game market of Japan.

  • TRADE NEWS: Agilent Technologies Announces Certification of HDMI 2.0 Test Solution for HDMI 2.0 Compliance … Business Wire - Fri, Apr 18, 2014 1:00 AM AEST

    SANTA CLARA, Calif.--(BUSINESSWIRE)-- Agilent Technologies Inc. (NYSE: A) today announced that the Agilent HDMI 2.0 test solution has been certified by the HDMI Forum as an official compliance test tool. ...

  • SHAREHOLDER ALERT: Investigation on Behalf of Genworth Financial, Inc. Investors Announced by Law Offices … Business Wire - Fri, Apr 18, 2014 12:32 AM AEST

    BENSALEM, Pa.--(BUSINESSWIRE)-- Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Genworth Financial, Inc. (“Genworth” or the “Company”) (NYSE:GNW - News). The investigation concerns possible violations of federal securities laws, and focuses on certain statements issued by the Company concerning Genworth’s business, operations and financial prospects. Genworth is a financial services company and provides insurance, including life insurance, long-term care insurance and fixed annuity products, and investment and financial solutions in the United States and internationally. The investigation is related to allegations that the Company misrepresented or failed to disclose that Genworth was not adequately accounting for its loss reserves related to its Australian mortgage insurance unit, and the Company had far greater exposure to anticipated losses and defaults than it had previously disclosed, related to insurance written in the Queensland, Australia, coastal area and insurance written in 2007 and 2008 to small business and self-employed borrowers.

  • London Set to Host Screen China and British Chinese Film and Television Summit in September 2014 Business Wire - Fri, Apr 18, 2014 12:05 AM AEST

    BEIJING & LONDON--(BUSINESSWIRE)-- A programme of events (12 – 18 September) which will introduce people to a wide selection of recent Chinese films not previously seen in Britain and will facilitate ties between the British and Chinese film and television industries was announced today (17 April, Beijing) at the Beijing International Film Festival. This combination of activity, Screen China and the British Chinese Film & Television Summit, is being organised by Allied China Europe Society (ACES) with its China partners the China Record Cultural Media Company and CTV Audio-Visual (Beijing) International Culture Exchange Centre.

  • 4G LTE Investment is Set to Accelerate Throughout Latin America in 2014, Says ABI Research Business Wire - Thu, Apr 17, 2014 11:44 PM AEST

    SINGAPORE--(BUSINESSWIRE)-- ABI Research expects growth of 10% in mobile telecoms capital expenditure (CapEx) in Latin America, rising to US$6.1 billion. Upgrades and expansion of 3G WCDMA and 4G LTE coverage will result in radio access network-related spending capturing 40% of CapEx. “Mobile telecom capital expenditure in Latin America is expected to grow rapidly in 2014 as investment in 4G LTE starts to accelerate. Significant amounts of capital expenditure are still required to build out 4G LTE coverage.

  • Entertainment Gaming Asia to Report First Quarter 2014 Financial Results on May 8, 2014 and Host Conference … Business Wire - Thu, Apr 17, 2014 11:25 PM AEST

    HONG KONG--(BUSINESSWIRE)-- Entertainment Gaming Asia Inc. (NASDAQ: EGT) announced today that it will release its first quarter 2014 financial results on Thursday, May 8, 2014 and will host a conference ...

  • ZTE First-Quarter Profit Triples as Revenue Growth Fuels Strong Start to 2014 Business Wire - Thu, Apr 17, 2014 11:15 PM AEST

    SHENZHEN, China--(BUSINESSWIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a publicly-listed global provider of telecommunications equipment, network solutions and mobile devices, reported first-quarter profit more than tripled as the company posted increased revenue amid growth in the global 4G market. Net profit attributable to shareholders of the listed company was RMB 622 million in the first quarter, an increase of 203.5% from a year earlier. Basic earnings per share was RMB 0.18, the top-end of the forecast issued by the company. Revenue rose 5.5% to RMB 19.05 billion.

  • Euroned Engineering Chooses ZWCAD+ to Improve Workflow Efficiency Business Wire - Thu, Apr 17, 2014 11:00 PM AEST

    GUANGZHOU, China--(BUSINESSWIRE)-- ZWCAD Design, an innovative supplier of CAD solutions to the AEC and MCAD industry, today announced that it has been selected by Euroned Engineering for its efficient revision and annotation tools, as well as its ability to deal comfortably with large files, allowing Euroned Engineering to improve the efficiency of their workflow. Euroned Engineering is a member of Upetrom Group, which renders offshore drilling and construction services, subsea services, hydro-technical construction services, well services, engineering and training through Grup Servicii Petroliere, and coordinates the production of oilfield equipment. The growing demand for an increased quality and quantity of work has initiated the desire for Euroned Engineering to seek improved CAD software. More projects also emphasize the need for greater efficiency, therefore Euroned Engineering required tools to improve the speed at which revisions can be made, and documents and annotations can be shared.

  • Design Power of Incheon Shakes Milan at 'Cuore del Design Incheon Korea' Business Wire - Thu, Apr 17, 2014 11:00 PM AEST

    INCHEON, South Korea--(BUSINESSWIRE)-- Incheon Business Agency (http://www.iba.or.kr) successfully completed ‘Cuore del Design Incheon Korea’ held in Milan, Italy. Incheon Business Agency (http://www.iba.or.kr) successfully completed 'Cuore del Design Incheon Korea' held in Milan, Italy. Global visitors astonished by excellent design of Korea (Photo:Business Wire) Manager of ‘Cuore del Design Incheon Korea’ said, “More than 1,000 visitors visited the exhibition per day, and a large number of visitors showed deep interest asking questions about features and development processes of products as they viewed outcomes of symbiotic collaboration between public organizations and private companies.

  • Nexon to Release First Quarter 2014 Financial Results Business Wire - Thu, Apr 17, 2014 11:00 PM AEST

    TOKYO--(BUSINESSWIRE)-- NEXON Co., Ltd. (“Nexon”) (3659.TO), a worldwide leader in free-to-play online games, today announced that it will release its financial results for the first quarter ended March 31, 2014 on Tuesday, May 13, 2014 at 3:00 p.m. Japan Standard Time (JST) / 2:00 a.m. Eastern Daylight Time (EDT). The Company’s financial statements will be available at that time on Nexon’s Investor Relations website in Japanese at http://ir.nexon.co.jp and in English at http://ir.nexon.co.jp/en/. Following the release, Nexon management will host two conference calls to discuss Nexon’s financial results and outlook. Dial-in information for both conference calls will be made available on Nexon’s Investor Relations website prior to the calls.

  • Research and Markets: Global Mucositis Therapeutics Pipeline Review 2014 - Analysis of 5 Companies & … Business Wire - Thu, Apr 17, 2014 10:37 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/wd3j9s/mucositis ) has announced the addition of the "Mucositis - Pipeline Review, H1 2014" report to ...

  • Research and Markets: Global Perennial Allergic Rhinitis Pipeline Review 2014 - Analysis of 10 Company … Business Wire - Thu, Apr 17, 2014 10:26 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/md2t5q/perennial ) has announced the addition of the "Perennial Allergic Rhinitis - Pipeline Review, H1 2014" ...

  • Research and Markets: Global Klebsiella Pneumoniae Infections Pipeline Review 2014 - Analysis of 12 Companies … Business Wire - Thu, Apr 17, 2014 10:21 PM AEST

    DUBLIN--(BUSINESSWIRE)-- Research and Markets ( http://www.researchandmarkets.com/research/f2zcfk/klebsiella ) has announced the addition of the "Klebsiella Pneumoniae Infections - Pipeline Review, ...

  • ThingWorx Powers Largest Japan Mobile Service Provider NTT DOCOMO M2M Cloud Solution Business Wire - Thu, Apr 17, 2014 10:15 PM AEST

    EXTON, Pa.--(BUSINESSWIRE)-- ThingWorx ™, a PTC (Nasdaq: PTC) business and leading Internet of Things (IoT) platform provider, today announced NTT DOCOMO, Japan’s largest mobile service provider, has partnered ...