Investment & Financing
IG Asia in Singapore Has Record Financial Year
SINGAPORE, July 26, 2016 /PRNewswire/ -- IG Group Holdings plc ("IG", "the Group" or "the Company") announces results for the year ended31 May 2016. During FY16, IG continued to put up a strong revenue performance across all geographic regions, helped by our more established markets. The Group's ...
Mr. Phil Mulacek Releases Presentation to Shareholders of InterOil Corporation and Media, Schedules Conference Call
HOUSTON, July 25, 2016 /PRNewswire/ -- -- InterOil shareholders will forego billions of dollars of value, including the five (5) cash payments TOTAL, S.A. has already agreed to make under its existing 2014 agreement with InterOil, unless the current proposal from Exxon is modified. -- Pre...
Nexteer Automotive to Host 2016 Interim Results Investor Conference Call on August 17
AUBURN HILLS, Michigan, July 26, 2016 /PRNewswire/ -- Nexteer Automotive, a global leader in intuitive motion control, today announced thatMike Richardson, Executive Board Director and Senior Vice President Strategy, andWilliam (Bill) Quigley, Senior Vice President and Chief Financial Officer, wi...
Midea Enters Fortune Global 500 for the First Time
SHUNDE, China, July 26, 2016 /PRNewswire/ -- Midea, one of the world's top consumer appliances manufacturers, became the first company from the Chinese household appliances industry to enter the Fortune Global 500 list, when the updated ranking of the world's largest corporations was announced on...
SMIC Announces Second Quarter 2016 Webcast Conference Call
SHANGHAI, July 25, 2016 /PRNewswire/ -- SMIC (NYSE: SMI, SEHK: 981) Please join SMIC's earnings conference call, with: * Dr. Tzu-Yin Chiu, Chief Executive Officer and Executive Director * Dr. Gao Yonggang, Chief Financial Officer, Strategic Planning Executive Vice President, and Executive Dir...
Baidu Announces Receipt of Withdrawal of Buyer Group's Non-Binding Offer to Acquire Qiyi.com, Inc.
BEIJING, July 25, 2016 /PRNewswire/ -- Baidu, Inc. ("Baidu") (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced that the special committee of the Company's board of directors received a letter from Mr. Robin Yanhong Li, chairman and chief executive officer of Baid...
China's UCAR Listed on NEEQ, the First Chauffeured Car Service Listed in China
BEIJING, July 25, 2016 /PRNewswire/ -- China's leading app-based chauffeured car services provider UCAR Inc. (Stock code: 838006) was listed on China's National Equities Exchange and Quotations (NEEQ) last Friday and closed at RMB 55.26, an increase of 13% from the initial offering, and a market val...
Medical Tourism Industry Valued at $439B; Poised for 25% Year-Over-Year Growth by 2025
PALM BEACH GARDENS, Fla., July 25, 2016 /PRNewswire/ -- In a just released
report issued by VISA and Oxford Economics
Banzai: GMV Up By 25% and Revenues Up By 20% in H1 2016
MILAN, July 22, 2016 /PRNewswire/ -- * Gross Merchandise Volume up by 25.1% YoY in 1H16 to Euro 134.7 million: * +19.9% YoY total e-Commerce revenue growth to Euro 105.9 million * +27.8% YoY Revenues from Electronic Goods and Domestic Appliances and +34% for GMV * Sharp growth in the ePR...
ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion
IRVING, Texas, SINGAPORE and PORT MORESBY, Papua New Guinea, July 21, 2016 /PRNewswire/ -- -- ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size -- Boards of directors of both companies unanimously approve terms of agreement -- Acquisition...
Ocean Tomo Serves as Transaction Advisor to BASF SE on OLED Intellectual Property Assets Sale
CHICAGO, July 21, 2016 /PRNewswire/ -- Ocean Tomo LLC, the intellectual capital
merchant banc™ firm announced today thatOcean Tomo Transactions
China Zenix Auto Signs Strategic Partnership with Beijing Research Institute of Mechanical & Electrical Technology
ZHANGZHOU, China, July 21, 2016 /PRNewswire/ -- China Zenix Auto International Limited (NYSE: ZX) ("Zenix Auto" or "the Company"), the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, today announced it has entered into a formal strategic...
WisdomTree and ICBC Credit Suisse Enter Global Product Partnership on S&P China 500 Index
NEW YORK and HONG KONG, July 21, 2016 /PRNewswire/ -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and ICBC Credit Suisse Asset Management (International) Company Limited ("ICBCCS"), today announced a global product partn...
Range International to List on ASX Following Successful IPO
SYDNEY, July 21, 2016 /PRNewswire/ -- Recycled plastic pallet manufacturer Range International (ASX: RAN) will list on the Australian Securities Exchange onFriday July 22, following a successful IPO. Range International produces Re>PalTM pallets, an affordable durable and sustainable product mad...
Internet Plus Holdings to Form Strategic Cooperation with China Resources
BEIJING, July 21, 2016 /PRNewswire/ -- Internet Plus Holdings Ltd. ("Meituan-Dianping" or "the Company"), China's leading service e-commerce platform, announced that it has received an investment from CRE Alliance Fund I, a fund sponsored by China Resources Group, and formed a strategic cooperation ...
IMAX China Reports Interim 2016 Financial Results
GREATER CHINA HIGHLIGHTS * Revenue increased 25% from the prior-year period to $55.1 million, primarily attributed to increased installation activity and network growth * Robust signings of 79 new theatres in the first-half of 2016, up 339% from 18 theatre signings in the comparable period la...
Qualcomm Earnings Release Available on Company's Investor Relations Website
SAN DIEGO, July 21, 2016 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its third quarter endedJune 26, 2016 through an earnings release that is available on the Qualcomm Investor Relations website athttp://investor.qualcomm.com/results.cf...
Pingtan Marine Enterprise Declares Quarterly Cash Dividend of $0.01 per Share
FUZHOU, China, July 20, 2016 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") a global fishing company based in the People's Republic of China (PRC), today announced that the Company has declared a cash dividend of $0.01 per share of common stock outstandin...
YOU On Demand Closes Strategic Investment from Seven Stars Works for $4 million USD
NEW YORK, July 20, 2016 /PRNewswire/ -- YOU On Demand Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand" or "YOD" or the "Company"), a premium content Video On Demand service provider inChina evolving into a global, mobile-driven, consumer management platform for both enterprises and consumers, announ...
Myanmar Signs Deal to Explore Deploying Space-Based ADS-B
MCLEAN, Virginia, July 19, 2016 /PRNewswire/ -- Aireon LLC announced today that it has signed a Memorandum of Agreement (MOA) with the Department of Civil Aviation (DCA) inMyanmar. DCA will collaborate with Aireon to develop a concept of operations and benefits analysis for the deployment of Aire...
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