Archive for ‘July, 2010’

Dresser Waukesha Announces Newest Model in Successful 275GL High Performance Engine Series

Dresser Waukesha Announces Newest Model in Successful 275GL High Performance Engine Series

New 12V275GL+ Delivers 0.5 g/bhp-hr NOx Capability and Highest Power Rating in Class WAUKESHA, Wis., Thursday, July 29th 2010 [ME NewsWire]: (BUSINESS WIRE)– Dresser Waukesha, a leading manufacturer of natural gas engines that deliver clean, cost-effective power, has added a fourth model to its 275GL Series of gas compression engines. The new 12-cylinder 12V275GL+, like [...]

The Cronos Group Receives a Majority Equity Investment from Funds Affiliated with Kelso & Company and an Additional Equity Investment from TCG Fund and Increases Its Owned Assets to $1 Billion

The Cronos Group Receives a Majority Equity Investment from Funds Affiliated with Kelso & Company and an Additional Equity Investment from TCG Fund and Increases Its Owned Assets to $1 Billion

SAN FRANCISCO, Thursday, July 29th 2010 [ME NewsWire]: (BUSINESS WIRE)– Cronos Ltd. (“Cronos” or the “Company”), a leading container leasing and management company, announced today that it received a majority equity investment from funds affiliated with Kelso & Company (“Kelso”), one of the oldest and most established firms specializing in private equity investing. In addition, [...]

Zitouna Bank Deploys Gemalto Instant Issuance Solution in Tunisia

Zitouna Bank Deploys Gemalto Instant Issuance Solution in Tunisia

Zitouna customers get their ready-to-use EMV bank card on the spot AMSTERDAM, Thursday, July 29th 2010 [ME NewsWire]: (BUSINESS WIRE)– Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced that Zitouna Bank in Tunisia has selected its Dexxis Instant Issuance solution for on-the-spot EMV card personalization across the bank’s branches nationwide. Zitouna [...]

Bank of America Earns $3.1 Billion in Second Quarter

Bank of America Earns $3.1 Billion in Second Quarter

CHARLOTTE, N.C, Thursday, July 29th 2010 [ME NewsWire]: Credit Quality Continues to Improve, Especially in Credit Card Capital Ratios Strengthened Investment Bank Moves up to No. 1 in U.S. Investment Banking Fees Strong Asset Management Fees and Brokerage Income Drive Wealth Management Average Retail Deposit Balances Rise 3 Percent CHARLOTTE, N.C.–(BUSINESS WIRE)– Bank of America [...]

Dubai Investments PJSC reports profit of AED 474 million for the six-month period ended 30th June 2010

Dubai Investments PJSC reports profit of AED 474 million for the six-month period ended 30th June 2010

Dubai, United Arab Emirates, Wednesday, July 28th 2010 [ME NewsWire]: Dubai Investments PJSC (“DI”), the largest investment company listed on the Dubai Financial Market, today announced its financial results for the six-month period ended 30th June 2010 (“the Period”). DI reported net profit of AED 474 million for the Period with total income at AED [...]

Procter & Gamble and the IOC Announce Global Olympic Partnership

Procter & Gamble and the IOC Announce Global Olympic Partnership

P&G and the IOC create the most far-reaching partnership to touch and improve more lives LONDON, Wednesday, July 28th 2010 [ME NewsWire]: (BUSINESS WIRE)– Procter & Gamble (NYSE:PG) and the International Olympic Committee (IOC) today announced the most far-reaching global partnership for the next five Olympic Games from London 2012 through the 2020 Olympic Games. [...]

Covidien Completes Acquisition of Somanetics Corporation

Covidien Completes Acquisition of Somanetics Corporation

DUBLIN, Wednesday, July 28th 2010 [ME NewsWire]: (BUSINESS WIRE)– Covidien (NYSE: COV), a leading global provider of healthcare products, today announced that it has completed the previously announced acquisition of Somanetics Corporation for an aggregate consideration of approximately $250 million, net of cash and short-term investments acquired. Pursuant to the terms of the merger agreement, [...]

Government of the People’s Republic of China Approves Investment in Baha Mar

Government of the People’s Republic of China Approves Investment in Baha Mar

NASSAU, The Bahamas, Wednesday, July 28th 2010 [ME NewsWire]: Baha Mar’s World Class Destination Resort For The Bahamas in Position to Proceed Once Bahamian Government Approvals Received Baha Mar Project Expected To Create 11,000 Bahamian Jobs and Add $1 Billion in New Spending to Economy in First Year After Completion (BUSINESS WIRE)–Baha Mar Resorts, Ltd. [...]

L-1 Identity Solutions Selected as Biometric Service Provider for India’s Unique Identification Number Program

L-1 Identity Solutions Selected as Biometric Service Provider for India’s Unique Identification Number Program

ABIS 7 Software to De-Duplicate Identities of Indian Residents STAMFORD, Conn., Wednesday, July 28th 2010 [ME NewsWire]: (BUSINESS WIRE)– L-1 Identity Solutions (NYSE:ID), a leading provider of identity solutions and services, today announced it received a notification of award as one of the Biometric Service Providers (BSPs) to India’s Unique Identification Number (UID) program, or [...]

Goldman Sachs Announces Clearing Services for OTC Derivatives

Goldman Sachs Announces Clearing Services for OTC Derivatives

New Derivatives Clearing Services (DCS) business to provide suite of integrated agency clearing services for all listed and OTC derivatives NEW YORK, Wednesday, July 28th 2010 [ME NewsWire]: (BUSINESS WIRE)– Goldman Sachs announced today the launch of its Derivatives Clearing Services (DCS) business. DCS provides clients with a comprehensive global OTC clearing service for interest [...]