Investment & Financing

Sorrento Therapeutics Announces Closing of its Acquisition of Virttu Biologics

2017-04-28 21:00 5676

SAN DIEGO, April 28, 2017 /PRNewswire/ -- Sorrento Therapeutics, Inc. (NASDAQ: SRNE, "Sorrento") announced today the closing of a transaction whereby its cellular therapy focused subsidiary, TNK Therapeutics, Inc. ("TNK"), has acquired Virttu Biologics Limited ("Virttu"). Logo - https://mma.prne...

Synutra International Inc. Stockholders Vote to Approve Merger

2017-04-28 20:30 5763

QINGDAO, China and ROCKVILLE, Md., April 28, 2017 /PRNewswire/ -- Synutra International, Inc. (Nasdaq: SYUT), ("Synutra" or the "Company"), which owns subsidiaries inChina that produce, distribute and sell nutritional products for infants, children and adults, today announced that at its special ...

Hillhouse Capital and CDH Investments Led Consortium Proposes to Privatize Belle International

2017-04-28 18:53 13544

* Hillhouse Capital Group, joined by CDH Investments and participating Belle International management, propose to privatize the Company by way of Scheme of Arrangement * HK$6.30 cash cancellation consideration price per share provides attractive opportunity for Belle International shareholder...

German multinational ThyssenKrupp sets up two new facilities in China's Changzhou National Hi-Tech District

2017-04-28 18:34 6745

CHANGZHOU, China, April 28, 2017 /PRNewswire/ -- German conglomerate ThyssenKrupp AG recently announced the opening of two new manufacturing facilities in Changzhou National Hi-Tech District (CND),China, a joint venture project with Chinese auto parts manufacturer Fawer Automotive Parts Limited a...

SunExpress Well Positioned in the Digital Sales World With IBS Software's Platform

2017-04-28 17:34 8111

ANTALYA, Turkey, April 28, 2017 /PRNewswire/ -- Airline migrates to IBS' iFly Res for passenger reservation SunExpress, the joint venture of Turkish Airlines and Lufthansa, has successfully switched over to IBS Software's PSS platform, iFly Res, to power its passenger reservation, ticketing, an...

DC Holdings Initiates the Establishment of China Healthcare Big Data Development Co., Ltd to Construct the Healthcare Big Data Ecosystem

2017-04-28 17:16 12479

HONG KONG, April 28, 2017 /PRNewswire/ -- Digital China Holdings Limited ("DC Holdings" or the "Group"; stock code: 00861.HK, 910861.TW),China's largest integrated IT service provider, is pleased to announce that the signing ceremony of China Healthcare Big Data Development Co., Ltd. (CHBDDC) was...

New Frost & Sullivan Webinar: Disruptors and New Entrants Will Create Unique Revenue Models through Convergence of Building Systems with ICT

2017-04-28 16:51 4498

Partnerships Between Technology Companies, Device Suppliers and Utilities are Required to Capitalise on Growth Opportunities LONDON, April 28, 2017 /PRNewswire/ -- WHEN: 9th May, at 3pm BST WHERE: Online, with complimentary registration. Please email: anna.zanchi@frost.com

Electrolux President and CEO Jonas Samuelson's Comments on the Results for the First Quarter 2017

2017-04-28 15:12 7235

STOCKHOLM, April 28, 2017 /PRNewswire/ -- Electrolux operating income for the first quarter increased toSEK 1,536m, an improvement of 21% compared to the same period last year. The operating margin increased to 5.3% from 4.5% and results improved across all business areas. Our operations in Major...

WH Group Announces Q1 2017 Results

2017-04-28 14:13 6029

HONG KONG, April 27, 2017 /PRNewswire/ -- WH Group Limited ("WH Group" or the "Company"), the world's largest pork company, today announced the unaudited consolidated results of the Company and its subsidiaries (the "Group") for the three months endedMarch 31, 2017 (the "Period"). Highlights ...

SAP Social Sabbatical Empowers Vietnam Organizations to Drive Sustainable Operating Models for Social Good

2017-04-28 12:00 7049

Twelve of the company's top talents provide pro-bono consulting services to four Vietnam-based organizations as part of its global CSR program HO CHI MINH CITY, Vietnam, April 28, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that 12 employees have completed a mon...

Auckland in Business Talks with One of the Largest Japanese Delegations to Visit New Zealand

2017-04-28 09:12 5809

AUCKLAND, New Zealand, April 28, 2017 /PRNewswire/ -- A high-level delegation of Japanese business leaders provides a golden opportunity forAuckland and its ambitious businesses to forge closer economic ties with a major trading partner. Auck...

LT Smart Energy Purchases Guangshuo New Energy for HK$130 million

2017-04-28 08:14 8387

Striving to expand solar energy business, further shifting business focus and promoting the profitability of the Company HONG KONG, April 28, 2017 /PRNewswire/ -- LongiTech Smart Energy Holding Limited ("LT Smart Energy" or the "Company") (HKSE: 1281), a leading operator of smart energy cloud pl...

Mohawk Industries Reports Record Q1 Results

2017-04-28 05:13 6278

CALHOUN, Georgia, April 28, 2017 /PRNewswire/ -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2017 first quarter record net earnings of$201 million and diluted earnings per share (EPS) of$2.68, a 16.5% increase versus prior year. Excluding restructuring, acquisition expenses and other char...

Baidu Announces First Quarter 2017 Results

2017-04-28 04:30 4843

BEIJING, April 27, 2017 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter endedMarch 31, 2017[1]. "As we move into 2017, Baidu's strategic evolut...

Frost & Sullivan Recognizes MobileIron's Leadership and Innovation with Product Line Strategy Leadership Award

2017-04-28 04:10 4096

MobileIron leverages its own expertise, as well as a carefully crafted ecosystem of technology partners, to stay at the forefront of innovation SANTA CLARA, California, April 28, 2017 /PRNewswire/ -- Based on its recent analysis of the enterprise mobility management (EMM) market, Frost & Sullivan...

High Demand for Electricity in Power Generation Spurs Growth of Latin American Industrial Valves and Actuators Industry

2017-04-28 03:35 3735

SAO PAULO, April 28, 2017 /PRNewswire/ -- The mature Latin American industrial valves and actuators market is experiencing pockets of growth. Growth is driven by high demand for electricity in the power generation industry and investment in the petrochemical industry. However, difficult political...

Industry 4.0 Opens Up Growth Opportunities for Advanced Asset Tracking Technologies

2017-04-28 00:26 2530

LONDON, April 28, 2017 /PRNewswire/ -- The rising relevance of Industry 4.0 and the mushrooming of smart factories are creating a fertile market for advanced asset tracking and production technologies. Manufacturers are increasingly employing sophisticated asset monitoring technologies to prevent...

PetroChina Files Annual Report on Form 20-F

2017-04-27 23:59 5742

BEIJING, April 27, 2017 /PRNewswire/ -- PetroChina Company Limited ("PetroChina", SEHK stock code 0857; NYSE symbol PTR; SSE stock code 601857) announced today that it has filed its annual report on Form 20-F for the fiscal year endedDecember 31, 2016 with the United States Securities and Exchang...

Sinopec Corp Announces 2017 First Quarter Results

2017-04-27 23:43 5913

Net Profit Surged 158% YoY to RMB 17.2 Billion in 1Q 2017 Mid- and Down-stream Segments Achieve Continuous Growth and Integrated Advantages Fully Reflected BEIJING, April 27, 2017 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company")(HKEX: 386; SSE: 600028; NY...

IMS International Expands Global Network of Management System Auditors

2017-04-27 22:00 2986

-- Strategic partnerships ensure IMS International certification services meet Global demand LONDON, April 27, 2017 /PRNewswire/ -- IMS International, a leading UKAS accredited certification body, has announced its expansion into several new countries through strategic alliances with local certi...

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