Archive for November 5th, 2012

Georg Jensen

Bahrain’s Investcorp takes over Danish jewellery chain Georg Jensen

Bahrain’s alternative asset management firm Investcorp SA on Monday unveiled a USD140m (EUR109m) deal to buy Danish luxury retailer Georg Jensen A/S, saying it had teamed up with industry veteran and Nautica’s founder David Chu, who will become the firm’s […]

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UK insurance group Prudential acquires Thai life insurance firm Thanachart

British insurer Prudential plc (LON:PRU) on Monday said it would buy life insurer Thanachart Life Assurance Company Ltd, a fully-owned unit of Thai lender Thanachart Bank PCL, under


Smartphones add two extra hours to the working days of UK employees

Smartphones and tablets are here to make our lives easier and more fun, but it turns out that new technology only makes us work more. A new study


US financial services firm MetLife sells mortgage unit to JP Morgan

US insurer MetLife Inc (NYSE:MET) said it had inked an accord to sell the mortgage servicing portfolio of its banking unit MetLife Bank NA to JPMorganChase Bank NA,

Victoria Racing Club pals up with Cisco to implement world-class Technology

Cisco (NASDAQ: CSCO) reported it is set to lead the field in technology innovation when it deploys the Cisco Connected Stadium Wi-Fi Solution to provide Flemington members and

Unisys announces US$1.5625 preferred stock dividend

The board of directors of Unisys Corp. (NYSE: UIS) has declared a dividend of $1.5625 per share on the company's outstanding 6.25% mandatory convertible preferred stock, series A.


Trunkbow chairman and CEO propose going private

The board of directors of Trunkbow International Holdings Ltd. (NASDAQ: TBOW) reported receiving a preliminary non-binding proposal letter from Hou Wanchun, chairman of the board of directors of

Thomson Reuters reports 3Q increase in revenues

Thomson Reuters (TSX: TRI) (NYSE: TRI) reported revenues for the third quarter ended September 30 from ongoing businesses of $3.2 billion, a 1% increase before currency.

Adjusted EBITDA decreased

The Nemours Foundation chooses Level 3 for network services

Level 3 Communications, Inc. (NYSE: LVLT) said that the Nemours Foundation has selected Level 3 to support its rising bandwidth needs and to help enable and support the

TeleCommunication Systems opens Johannesburg Office

TeleCommunication Systems, Inc. (NASDAQ: TSYS) said it has opened a new sales office located in Johannesburg, South Africa. This office will be the focal point of the company's

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