Investment & Financing

Mr. Phil Mulacek Releases Presentation to Shareholders of InterOil Corporation and Media, Schedules Conference Call

2016-07-26 04:29 1099

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

2016-07-26 04:15 2281

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

2016-07-26 00:52 1536

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

2016-07-25 21:36 2456

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.

2016-07-25 21:00 1155

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

2016-07-25 19:27 1098

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

2016-07-25 15:00 2456

PALM BEACH GARDENS, Fla., July 25, 2016 /PRNewswire/ -- In a just released report issued by VISA and Oxford Economics , the Medical Tourism industry was valued at a staggeringUSD 439 bi...

Banzai: GMV Up By 25% and Revenues Up By 20% in H1 2016

2016-07-22 03:47 2122

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

2016-07-22 00:10 1927

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

2016-07-21 22:00 2392

CHICAGO, July 21, 2016 /PRNewswire/ -- Ocean Tomo LLC, the intellectual capital merchant banc™ firm announced today thatOcean Tomo Transactions represented the German chemical company BASF SE in the sale of over 500 issued and pending...

China Zenix Auto Signs Strategic Partnership with Beijing Research Institute of Mechanical & Electrical Technology

2016-07-21 18:00 2040

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

2016-07-21 16:30 2179

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

2016-07-21 12:47 2094

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

2016-07-21 11:51 1806

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

2016-07-21 07:15 2853

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

2016-07-21 04:27 1554

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

2016-07-21 04:05 2166

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

2016-07-20 21:14 2203

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

2016-07-19 10:30 1798

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...

COMAC Gets Largest Commercial Order from CALC

2016-07-12 15:55 6261

HONG KONG, July 12, 2016 /PRNewswire/ -- Commercial Aircraft Corporation of China, Limited ("COMAC"), Friedmann Pacific Asset Management Limited ("FPAM") and China Aircraft Leasing Limited ("CALC"), entered into a tripartite cooperative framework agreement in relation to acquisition of ARJ21 Airc...

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