Zurich/Pfaeffikon SZ (ots) - Horizon21 and Swiss Re intend to combine their private equity fund of funds businesses to satisfy increased client demand for investment solutions from an integrated alternative investment specialist. Swiss Re would contribute its private equity fund of funds business with 3.1 ...
Hanover (ots/PRNewswire) - - Unit Expected to Meet Sales, Operating Profit Margin Targets in Fiscal Year 2006 Nissan Motor Co. announced today at the 61st International Commercial Vehicle Show in Hanover, Germany that it expects its light commercial vehicle unit to meet its business commitments under the company's global "NISSAN Value-Up plan" in fiscal year 2006, one year ahead of schedule. Under the ...
Premium Coffee Brand Remains Dedicated to Swiss-Made Products, Quality Paudex (ots) - Nestlé Nespresso, the worldwide pioneer in premium portioned coffee, announced that the Company will open a new coffee Production-Distribution Centre in Avenches, Switzerland in 2008. By 2010, the facility will employ more ...
Perimeter Institute for Theoretical Physics
Toronto, Canada (ots/PRNewswire) - - Michael Aaron Nielsen - Quantum Information Theory Perimeter Institute for Theoretical Physics in Waterloo, Ontario, Canada (just outside Toronto) welcomes Michael Aaron Nielsen to Faculty beginning May, 2007. A distinguished and prolific scientist, Dr. Nielsen specializes in Quantum Information Theory and is widely known for his fundamental work on the theory of ...
Montreal, Canada (ots/PRNewswire) - TICKER SYMBOL: (TSX: DTC , NYSE: DTC) Domtar Inc. announced today a loss from continuing operations of $3 million ($0.01 per common share) in the second quarter of 2006 compared to a loss from continuing operations of $22 million ($0.10 per common share) in the first quarter of 2006 and earnings from continuing operations of $6 million ($0.02 per common share) in ...
Luterbach (ots) - Management buyout ensures continuity for employees and customers - Luterbach location to become a center of competence for EMC test systems development The Schaffner Group is selling the EMC test systems business line through an MBO to a group of investors led by Johannes Schmid, the Head of the Test Systems Division. The parties have agreed not to disclose details of the price. The sale of the ...
Tokyo, Japan (ots/PRNewswire) - Nissan Motor Co., Ltd., today announced that consolidated net income after tax totalled 110.2 billion yen (US$962 million, euro 783 million) in the first quarter of fiscal year 2006, ending March 31, 2007, up 4.2% compared with the same period a year ago. The rise in net income for 2006 reflects the exceptional charges taken in the same period in 2005 relating to accounting standards ...
Paris, France (ots/PRNewswire) - Valeo (OTC: VLEEY) today announced the establishment of a Chinese joint venture with Ichikoh, one of Japan's largest lighting systems manufacturers. This operation, the Group's thirteenth in China, demonstrates Valeo's continuing commitment to the Chinese automotive market and ...
New York (ots/PRNewswire) - The June Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), a monthly survey indicating economic conditions in the Eurozone retail sector one month ahead of government issued figures, indicated that Eurozone retail sales rose strongly at the end of the second quarter. The seasonally adjusted Eurozone Retail PMI remained above the no-change mark of 50.0 in June, ...
Toronto, Canada (ots/PRNewswire) - Nortel(x) Networks Corporation (NYSE/TSX: NT) today announced the closing of the previously announced offering of US$2 billion aggregate principal amount of senior notes (the "Notes") by its principal direct operating subsidiary, Nortel Networks Limited ("NNL"), to qualified institutional buyers pursuant to Rule 144A under the ...
Montreal, Canada (ots/PRNewswire) - TORR Canada Inc. (TSX-V: TOR) ("TCI"), a leader in the extraction of hydrocarbons from produced water, announced today the appointment of Mr. Ray Cocomello, P. Eng as Senior Vice-President Sales and Business Development. "Mr. Cocomello joins our team to put together a strong worldwide sales network," said Alain Ferland, ...
Paris (ots/PRNewswire) - More than 200 pre-eminent members of the French Government, art dealers and collectors gathered at the Musee de l'Orangerie in the Jardin des Tuileries when Christian Giacomotto, Chairman of the French auction market Authority (Conseil des Ventes Volontaires de Meubles aux encheres publiques) Presented the 4th annual report of the Conseil's activities. Giacomotto who was elected Chairman in ...
Pfaeffikon SZ (ots) - Horizon21 Wealth Management Holding, a subsidiary of Horizon21 Holding, extends its stake in HPM Portfolio Management AG (HPM), Pfaeffikon SZ, Switzerland, from 60 to 100 percent. Next to the full acquisition of HPM the transaction includes the integration of Horizon21 Wealth Management. The transaction is expected to be completed by June 30, 2006. Terms of the acquisition were not disclosed. ...
- Pictures can be downloaded free of charge and are also distributed by the EPA - Leader Floyd Landis and Team to Spread the Message of Better Hearing Across the Country - and Beyond Stäfa, Switzerland (ots) - On July 1, the Phonak Cycling Team will set out to win the 3653.6 kilometer-long Tour de France, the world's most prestigious and difficult cycling ...
The founder of the Oettinger Davidoff Group, Dr. Ernst Schneider, has decided to step down as the chairman of the Oettinger Imex AG board of directors effective July 1, 2006 in order to unburden himself. He remains a member of the Oettinger Imex AG board of directors and president of the superordinate holding company SIP Schneider Investment & Participations SA. He will be succeeded by Riccardo Gullotti. Basel ...
Quebec City, Quebec (ots/PRNewswire) - SAM Private Equity, a Switzerland- based venture fund specialized in cleantech and sustainability investments, led a Series A financing that totalled CAN$ 7.0 million. The syndicate consisted of BDC Capital and Fonds d'Investissement en Développement Durable (FIDD), two ...
- Capital increase with net proceeds of around ¤100 million for further improvement of capital structure and generating additional headroom for growth - Around 50 per cent free float after IPO - First day of trading before summer break Frankfurt (ots) - Klöckner & Co AG management will present the company during a roadshow to national and international investors, which will start on June 14. Investors can ...
Ludwigshafen, Germany (ots/PRNewswire) - BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN) today announced that Institutional Shareholder Services (ISS) has recommended that Engelhard's shareholders vote for BASF's five nominees for election to Engelhard's Board of Directors at the June 2 Annual Shareholders' Meeting. ISS is a ...
Ludwigshafen, Germany (ots/PRNewswire) - - BASF CEO Hambrecht: 'This is our last, best and final offer.' BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN) today announced that it has raised its all-cash offer for Engelhard Corporation (NYSE: EC) to US$39 per share from its previous offer of US$38 per share. "We are confident that Engelhard's shareholders will recognize the superior ...
Freising-Weihenstephan, Germany (ots) - Pieris Proteolab AG announced today the appointment with immediate effect of Evert Küppers (37) as its new Chief Executive Officer. Mr Küppers joins Pieris from IDEA AG, where he was Vice President and Head of Business Development. He played a pivotal role in the company's corporate development by securing the Johnson & Johnson partnership for its lead late stage clinical ...
Paris (ots/PRNewswire) - European Capital, S.A. SICAR announced today it has invested EUR 12 million (US$15 million) in the EUR 120 million mezzanine facility of Cegelec, a leading international engineering group providing electrical contracting services for industrial, infrastructure and non-residential building projects. Senior and mezzanine facilities were ...
Geneva (ots) - Agence Virtuelle SA, www.agencevirtuelle.com reinforces its relationship with Starwood Inc. by promoting local hotel openings such as the new Sheraton Fota Island Golf Resort & Spa in Cork, Ireland on Friday 5th May. This new Sheraton Hotel includes an 18 holes championship golf course, an ...
Alinghi relies on Phonak's innovative technology to ensure seamless communication during its bid to win the America's Cup again in 2007 Stäfa (ots) - Phonak Hearing Systems today announced that it will be Official Supplier of Alinghi in its bid to win the America's Cup for the second consecutive time. The 32nd America's Cup - the oldest trophy in sporting history and sailing's most prestigious award - will be held in ...
IFEX Innovation Finance & Equity Exchang
Amsterdam (ots/PRNewswire) - IFEX Innovation Finance & Equity Exchange NV (ISIN: NL0000210532) www.ifexgroup.com announces the successful completion of a private placement. A total of 8,500,000 new shares have been placed totalling approx EUR 1.2 million. This capital increase will further strengthen the company's capital base and will enable IFEX Group to further develop its Innovation Finance Activities, as ...
IFEX Innovation Finance & Equity Exchang
Amsterdam (ots/PRNewswire) - IFEX Innovation Finance & Equity Exchange NV ("IFEX NV") today releases its audited Annual Report for the Financial Year ended December 31 2005. (Until 2004 IFEX reported under Dutch Gap. As of this year the IFEX accounts are based on IFRS. For this reason the comparable 2004 figures are also presented under IFRS.) The final accounts show a consolidated profit after tax of EUR 1.6 m ...
Freising-Weihenstephan, Germany (ots) - Pieris Proteolab AG and GE Healthcare today announced that they have entered into a research collaboration for the discovery of novel targeted in vivo diagnostic and medical imaging compounds, a technology that could enable earlier detection and diagnosis of major diseases such as cancer. Pieris' proprietary ANTICALIN ...
Purchase, New York (ots/PRNewswire) - - Claims Violation of Rights to Sponsor Future FIFA World Cup Events MasterCard International today filed a complaint in the U.S. District Court for the Southern District of New York seeking an injunction against the Federation Internationale de Football Association (FIFA), the governing body of the FIFA World Cup to prevent FIFA from moving forward with an agreement with Visa International to sponsor the 2010 and 2014 FIFA ...
Mothers & Women Against Repression
Geneva (ots/PRNewswire) - Various non-governmental organizations, human rights activists and victims of abuses will hold a Press Conference on Thursday, April 6 at 7:00 PM at The President Wilson Hotel, following the conclusion of the V Human Rights Parallel Forum, sponsored by Mothers & Women Against ...
- Indication: Images are üublished by www.EQImages.ch and can be downloaded for free on: http://www.presseportal.ch/fr/story.htx?firmaid=100004998 - Amsterdam/Zurich (ots) - Liberty Global Inc. has appointed Rudolf Fischer as Managing Director of the Swiss cable network company cablecom, effective immediately. The decision was made within the scope of cablecom's greatly advanced integration and ...