Archive for December 14th, 2012

UK Manufacturing

UK manufacturers see orders rebound but remain cautious

An increased number of manufacturers in the UK have seen orders rise this month, but overall they expect output to be flat in the early part of 2013, a new survey shows. The latest monthly Industrial Trends Survey by business […]

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Her Majesty's Treasury

HM Treasury allocates £200m to Pru for UK middle market investments

The investment management unit of international financial services group Prudential Financial (NYSE: PRU), Prudential Capital Group, said that UK economics and finance ministry Her Majesty's Treasury has allocated GBP 200m

ING Bank

Directors of South Korea’s KB press for lower price tag for ING’s local insurance unit

A deal by South Korea's KB Financial Group Inc (KRX:105560) to buy the local insurance business of Dutch ING Groep NV (AMS:INGA) has been placed under doubt as

Paint

Dutch chemical group AkzoNobel disposes of North American decorative paints unit for $1bn

Dutch paints, coatings and chemicals group AkzoNobel NV (AMS:AKZA) on Friday said it would sell its decorative paints business in North America to US sector player PPG Industries

Coca Cola

Mexican Coca Cola bottler Femsa acquires Coca Cola bottling unit in Philippines for $689m

Coca-Cola Femsa SAB de CV (MXK:KOFL), the bottler of Coca Cola in Mexico, said on Friday it would pay USD688.5m (EUR525.3m) in cash to buy 51% in The

TeleCommunication Systems gets $25 million order for deployable satellite systems equipment

TeleCommunication Systems, Inc. (NASDAQ: TSYS) said it has received a delivery order from the US Army for Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point

Selectica names new VP of professional services

Selectica, Inc. (NASDAQ: SLTC) officials appointed David Humphrey as vice president of professional services.

At Selectica, Humphrey will oversee a professional services organization whose primary focus is to help

RiT announces product mix, financing and team changes

RiT Technologies (NASDAQ: RITT) said it has recently taken additional steps for realigning the company and better position it for the planned achievement of growth and profitability in

Nutreco picks Unisys for worldwide support services

Unisys Corp. (NYSE: UIS) said its Dutch subsidiary has won a contract from Nutreco to provide worldwide end-user and data centre support services.

Under the terms of the contract,

NII Holdings taps chairman for interim CEO

The NII Holdings, Inc. (NASDAQ: NIHD) board of directors has appointed Steven M. Shindler, currently chairman of the board, to the additional position of interim chief executive officer,

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