Investment & Financing

Electrolux Consolidated Results 2016

2017-02-01 16:46 4950

STOCKHOLM, Feb. 1, 2017 /PRNewswire/ -- Highlights of the fourth quarter of 2016 * Net sales amounted to SEK 32,144m (31,794). * Sales increased by 1%. Organic sales declined by 3%, while currency translation had a positive impact of 4% on net sales. * Operating income improved to SEK 1,616...

President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2016

2017-02-01 16:13 4256

Good Earnings Trend in the Quarter STOCKHOLM, Feb. 1, 2017 /PRNewswire/ -- Electrolux operating income for the fourth quarter improved toSEK 1.6 billion, corresponding to a margin of 5.0% (4.6% in 2015, excluding costs for GE Appliances). The development was positive across most business areas. ...

Vela Diagnostics, a Turnkey Manufacturer for IVD NGS and PCR Workflow Solutions Announces its 2016 Results and Highlights

2017-02-01 13:00 4096

SINGAPORE, Feb. 1, 2017 /PRNewswire/ -- Vela Diagnostics announced today that it reports a triple revenue growth in FY16. This is mainly driven by market outreach expansion, innovation, new customer acquisitions and an expansion in sales coverage across the globe. Vela Diagnostics is proud to hi...

DEAC to Build New Data Center in Riga with an Investment of 10 Million Euros

2017-02-01 09:00 5642

RIGA, Latvia, Feb. 1, 2017 /PRNewswire/ -- Data center operator DEAC, one of the leading cloud resource and IT services providers in Northern Europe, is investing 10 million euros in building a significantly larger data center in Riga, Latvia. The company plans to double the capacity of its alr...

OnApp v5.3 Simplifies Add-on Services for Cloud Providers

2017-02-01 08:01 4696

LONDON, Feb. 1, 2017 /PRNewswire/ -- Makes it easy for cloud service providers and enterprises to offer a catalog of applications and managed services for customers and users to deploy with cloud servers   OnApp has launched v5.3 of the OnApp cloud management platfor...

US Dealmaking Thrived in 2016 and Is Expected to Continue According to a New Report by White & Case and Mergermarket

2017-02-01 00:51 3047

NEW YORK, Feb. 1, 2017 /PRNewswire/ -- Global law firm White & Case LLP and M&A data provider, Mergermarket today released a new report, Building Momentum: US M&A in 2016.The report uses Mergermarket data to highlight th...

Rising Information Technology Complexity and Costs Trigger Demand for Latin American Data Center Services

2017-01-31 23:48 4164

SAO PAULO, Jan. 31, 2017 /PRNewswire/ -- As the Latin American data center services market approaches maturity, users are acknowledging the benefits of outsourcinginfrastructure management. In response, data center service providers are expanding their existing facilities and building new ones,...

Frost & Sullivan Sees Strong IPO Momentum on ASX in 2017; Strengthens Independent Market Research for IPO's team in Australia

2017-01-31 22:44 3585

SYDNEY, Jan. 31, 2017 /PRNewswire/ -- Frost & Sullivan is expecting strong growth in the number of Initial Public Offerings (IPOs) on the Australian Stock Exchange (ASX) in 2017. Currently the number of proposed listings on the ASX for 2017 looks strong with close to 45 already in the pipeline, n...

Evercore and Luminis Partners Strengthen Strategic Alliance

2017-01-31 22:37 5218

NEW YORK, Jan. 31, 2017 /PRNewswire/ -- Evercore (NYSE: EVR), a leading global independent investment banking advisory firm based inNew York, and Luminis Partners, an independent corporate advisory firm based inSydney, today announced that they have strengthened their exclusive strategic allianc...

Evercore Appoints Masuo Fukuda as Senior Managing Director to Establish an Office in Tokyo

2017-01-31 22:33 5430

NEW YORK, Jan. 31, 2017 /PRNewswire/ --  Evercore (NYSE:EVR) announced today that Masuo Fukuda has joined the Firm's Investment Banking business as a Senior Managing Director. Mr. Fukuda will establish Evercore's office inTokyo and, as President of Evercore's business there, will focus on provid...

The Rise of Sentient Tools: Deep Implications Lie Ahead for the Global Workforce

2017-01-31 22:28 3688

Tools only complement labor as they are not complex enough to mimic human consciousness, finds Frost & Sullivan's Visionary Innovation team LONDON, Jan. 31, 2017 /PRNewswire/ -- The quantum technological leaps in artificial intelligence (AI), Internet of Things (IoT), Smart Cities, cloud intelli...

Maureen Laus Gallant Joins Assist America of the Philippines as General Manager

2017-01-31 22:10 3515

MANILA, Philippines and PRINCETON, N.J., Jan. 31, 2017 /PRNewswire/ -- Assist America ofthe Philippines is pleased to welcome Maureen Laus Gallant as General Manager, effective immediately.  Ms. Gallant has an extensive background lasting 20 years in sales and marketing in the assistance busines...

Nepal's Airports Prepare for Future Natural Disasters

2017-01-31 15:16 5310

KATHMANDU, Nepal, Jan. 31, 2017 /PRNewswire/ -- Within 48 hours after a 7.8-magnitude earthquake struckNepal in April 2015, the country's main airport was flooded with humanitarian aid supplies and rescue and relief teams coming in from all around the world. However, about a week later, large air...

emoji company Announces Acquisition of Rights

2017-01-31 11:00 7258

HAMBURG, Germany, Jan. 31, 2017 /PRNewswire/ -- The emoji company GmbH announced  today that they purchased SABAN BRANDS trademark "emojiville" including all related assets and domain rights.      (Logo: http://mma.prnewswire.com/media/462220/emoji_company_Logo.jpg

VT Holdings' Business Strategies and Earnings Reviewed by KCR

2017-01-31 09:00 3232

TOKYO, Jan. 30, 2017 /PRNewswire/ -- NOTE TO EDITORS: This release contains investment opinion issued by KCR Inc. VT Holdings Co., Ltd. (TOKYO:7593), an auto dealership holding company located in Aichi Prefecture, announced that recently it has been reviewed by KCR Inc., an independent research a...

Delta Electronics and Delta Controls to Offer Total Solutions for the HVAC Industry at AHR 2017

2017-01-31 02:00 3845

LAS VEGAS, Jan. 30, 2017 /PRNewswire/ -- Delta Electronics, a global leader in power and thermal management solutions, today announced the combined solutions offering of Delta Controls with other Delta building related equipment at their booth at AHR 2017. The collective products of Delta and Delta ...

Tianfu Software Park: Codoon -- A Potential Magnate in China's Internet+Sports Sector

2017-01-31 01:00 4242

CHENGDU, China, Jan. 30, 2017 /PRNewswire/ -- Tianfu Software Park, one of the largest tech parks in China, selected a batch of excellent enterprises which grown up in the park, and visited their founders or CEOs. The face-to-face communication allowed them to learn more about the latest thoughts, a...

China-based Manufacturer SUPOR Sanitary Ware Sends Chinese New Year Greetings to Chinese Communities Worldwide from New York's Times Square

2017-01-30 23:00 3287

NEW YORK, Jan. 30, 2017 /PRNewswire/ -- SUPOR Sanitary Ware, a China-based manufacturer of high-quality sanitary products, has taken a unique approach to celebrating the arrival of the year of Rooster, by announcing this year's greetings from one of the immense digital screens overlooking New York's...

Procurri Acquires Congruity's Third-Party Maintenance and Refurbished Hardware Business Divisions

2017-01-30 22:00 5053

ATLANTA, Ga., Jan. 30, 2017 /PRNewswire/ -- Procurri LLC ("Procurri"), a leading global independent provider of Data Center Equipment and IT Lifecycle Services, today announced the acquisition of Congruity LLC ("Congruity") to expand its 3rd Party Maintenance and IT Lifecycle Services offerings. Pro...

Schoeller Group Continues its Buy and Build Strategy

2017-01-27 17:12 10474

PULLACH, Germany, Jan. 27, 2017 /PRNewswire/ -- Martin and Christoph Schoeller, Managing Partners of the Schoeller Group, Pullach,Germany, are currently actively pursuing acquisitions in returnable packaging. Historically, financial investors have been invited to co-invest with Schoeller to finan...

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