Archive for November, 2012

Tesco's profit slide in home market

UK supermarkets sign up to new principles on promotions

Eight supermarkets in the UK have agreed to abide by new guidelines on special offers and promotions, the Office of Fair Trading (OFT) announced today. The agreement with the OFT has been signed by Aldi, Co-Op, Lidl, Marks and Spencer, […]

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Oil Pump in Siberia, Russia

Rosneft, AAR set to seal TNK-BP deal in December

Russian oil and gas major Rosneft OAO (MCX:ROSN) said on Friday it expects to reach a binding deal in December for the planned purchase of a 50% stake

London shopping centre

November shows 18 month high for UK consumer confidence

There was an unexpected rise in UK consumer confidence in November.  GfK NOP announced an 18 month high as British consumers became more upbeat about their finances and

US Marine Corps Systems Command picks ViaSat secure mobile device

To help bring smartphones and tablets to the battlefield, the US Marine Corps Systems Command has chosen ViaSat Inc. to engineer advanced information security into common, off-the-shelf mobile

Tellabs gives acting CEO permanent post

The board of directors of Tellabs (NASDAQ: TLAB) said it has appointed Daniel P. Kelly Tellabs' chief executive officer and president.

Kelly, 51, is a seasoned telecom industry expert

Tellabs declares special dividend of $1 per share

The board of directors of Tellabs (NASDAQ: TLAB) declared a special cash dividend of $1.00 per share. The dividend is payable on Dec. 21 to stockholders of record

Sprint and SoftBank Extend Time to File Proxy Statement/Prospectus

Sprint (NYSE: S) said that Softbank Corp. and Sprint have extended the deadline for filing the registration statement on form S-4 from Nov. 29, 2012 until Dec. 21,

Single Touch reports 20% increase in Cyber Monday message volume

Technology based mobile media solutions provider Single Touch Systems, Inc. (OTCBB: SITO) recorded a 20% increase in the number of mobile messages it sent on Cyber Monday, over

ModusLink adds 4th Green Supply Chain Award

ModusLink Global Solutions Inc. (NASDAQ: MLNK) has been honored for the fourth consecutive year by Supply & Demand Chain Executive Magazine's 2012 Green Supply Chain Awards.

The company was

Level 3 uses SES satellite to enhance support for Brazilian enterprises

SES (SESG.PA) (SESG.PA) said it has struck a long-term capacity agreement with Level 3 Communications (NYSE: LVLT) for the delivery of advanced corporate communications services to businesses across

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