Investment & Financing
Electrolux President and CEO Jonas Samuelson's Comments on the Results for the Second Quarter 2017
STOCKHOLM, July 19, 2017 /PRNewswire/ -- During the second quarter Electrolux improved its operating income by close to 25%, achieving an operating margin of 6.2%. Profitability increased in most of our business areas. This was driven by continued focus on improving product mix through active por...
GCC Diversifies into Non-oil Sectors to Achieve Macroeconomic Stability amid Oil Price Fluctuations
DUBAI, United Arab Emirates, July 19, 2017 /PRNewswire/ -- The growth of the oil-rich Gulf Cooperation Council (GCC) over the past 50 years has been without parallel, but the recent fluctuations in oil prices have put the brakes on its runaway growth. Acknowledging the need to diversify their eco...
Electrolux Interim Report January - June 2017
STOCKHOLM, July 19, 2017 /PRNewswire/ -- Highlights of the second quarter of 2017 * Net sales increased by 5.1% to SEK 31,502m (29,983). * Organic sales were unchanged, contribution from acquisitions and divestments was 1.2% while currency translation had a positive impact of 3.9% on net sal...
Enea AB: Interim Report April - June 2017
KISTA, Sweden, July 19, 2017 /PRNewswire/ -- Second quarter 2017 * Revenue in the second quarter was SEK 148.5 (124.1) million, equivalent to a 20 percent increase. * Operating profit excluding non-recurring costs for the second quarter increased toSEK 31.0 (29.9) million, corresponding to an...
LCM Partners Acquires £1.75 Billion UK NPL Portfolio
LONDON, July 19, 2017 /PRNewswire/ -- LCM Partners, a leading European Alternatives Investment Manager, announced that it has acquired another significant portfolio of non-performing and re-performing loans. Today's transaction is a UK portfolio of mainly unsecured assets totalling £1.75 billion...
Singtel Clinches the 2017 Frost & Sullivan Asia-Pacific Telecom Group of the Year Award
SINGAPORE, July 19, 2017 /PRNewswire/ -- Frost & Sullivan has presented Singtel with the 2017 Asia-Pacific Telecom Group of the Year award at its annual ICT Awards held on 6 July inSingapore. Frost & Sullivan noted that Singtel is one of the largest telecom groups in Asia-Pacific. "The group ha...
World's Largest Business Festival Facilitates £250 Million Worth of Business Deals: 2018 International Business Festival
LIVERPOOL, England, July 19, 2017 /PRNewswire/ -- The world's biggest international business festival hosted in Liverpool has facilitated £250 million worth of business deals, according to new research. The economic windfall has been provided thanks to the biennial International Business Festiv...
Frost & Sullivan Confers Lectra's Versalis® Digital Leather Cutting Solution with Product Leadership Award
Lectra's Versalis Boosts Automotive Leather Suppliers' Overall Productivity with Fully Integrated, Digitalized Approach to Automotive Leather Cutting LONDON, July 19, 2017 /PRNewswire/ -- Based on its recent analysis of the automotive leather- cutting equipment market, Frost & Sullivan has confer...
EY strengthens global support for Family Business clients
-- Marnix van Rij named new EY Global Family Business Leader -- Helena Robertsson joins the Family Business leadership team to lead the Europe, Middle East, India and Africa area LONDON, July 19, 2017 /PRNewswire/ -- EY announces today that it is strengthening its support for Family Business cl...
Mobile Workforce Management Vendors Urged to Invest in AI and Predictive Analytics to Sustain Competitive Edge in Market
Growth opportunities in this market are accelerated by agile vendors and eager customers, finds Frost & Sullivan's Digital Transformation team SANTA CLARA, California, July 18, 2017 /PRNewswire/ -- The North American mobile workforce management (MWM) market is growing at an impressive rate, pres...
Frost & Sullivan Applauds StarLeaf's Visionary Leadership in the Video Conferencing Industry for Delivering Exceptional Services Based on its Purpose-Built Architecture, the OpenCloud
SAO PAULO, July 18, 2017 /PRNewswire/ -- Based on its recent analysis of the video conferencing industry, Frost & Sullivan recognizes StarLeaf with the 2017 Latin American Frost & Sullivan Entrepreneurial Company of the Year Award. StarLeaf's value proposition of extreme flexibility, tailored sol...
Frost & Sullivan Names Drivewyze Company of the Year
Drivewyze lauded for delivering North America's largest and most technologically advanced weigh station bypass service SANTA CLARA, California, July 18, 2017 /PRNewswire/ -- Based on its recent analysis of the weigh station bypass systems market, Frost & Sullivan recognizes Drivewyze Inc. with t...
Yum China Board Expands with More China Market and Operation Insights
SHANGHAI, July 18, 2017 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC) today announced the appointment of Mr.William Wang and Ms. Joey Wat to the Board of the Directors, effective immediately. The appointment will increase the size of the Board of Directors to 12 members, 9 of whom are ind...
Bridge Data Centres Plans to Invest USD 400-500 Million in India, With Further Investments Across the Asia Pacific Region
BANGALORE, July 18, 2017 /PRNewswire/ -- Bridge Data Centres, a Bain Capital investee company, today announced that it plans to investUSD 400 to 500 million in theIndia market over the next two years, and is in advanced stages of acquisition in other markets inAsia Pacific with a further USD 2...
Global Business School Network Names Stephen J. Sacca As CEO
Retiring CEO And Founder Guy Pfeffermann To Serve On Board Of Directors
WASHINGTON, July 18, 2017 /PRNewswire/ -- The Global Business School Network
(GBSN) announces the appointment ofStephen J. Sacca to succeed retiring founder
and longtime CEOGuy Pfeffermann effective September 5, 2017.
Canadian Solar Energizes 52.5 MWp of Solar Power Plants in Japan
GUELPH, Ontario, July 18, 2017 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that it started commercial operation of 52.5 MWp of solar photovoltaic (PV) power plants inJapan in the first h...
Cleantech Solutions International Forms a Special Committee and Retains Financial Advisor to Evaluate and Discuss Potential Transactions
WUXI, China, July 18, 2017 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT) today announced that the Company's board of directors has formed a special committee comprised of three independent directors of the Company,Furen Chen, Xi Li...
Huawei Positioned as a Challenger in Gartner Magic Quadrant for Enterprise Firewalls
SHENZHEN, China, July 18, 2017 /PRNewswire/ -- Huawei, a leading global ICT solutions provider, announced today that it has been positioned in the Challengers quadrant of the 2017 Gartner Magic Quadrant for enterprise firewalls. The Gartner Magic Quadrant report assesses vendors based on two cri...
Frost & Sullivan Selects Arbor Networks as 2017 Asia-Pacific Anti-DDoS Vendor of the Year
SINGAPORE, July 18, 2017 /PRNewswire/ -- Arbor Networks has been selected by Frost & Sullivan as the 2017 Asia-Pacific Anti-DDoS Vendor of the Year. The award was presented to Arbor Networks at the annual Frost & Sullivan Asia-Pacific ICT Awards banquet, held at the Shangri-La Singapore on 6 July...
Ericsson Reports Second Quarter Results 2017
STOCKHOLM, July 18, 2017 /PRNewswire/ -- SECOND QUARTER HIGHLIGHTS * Reported sales decreased by -8% YoY. Sales, adjusted for comparable units and currency, decreased by -13% YoY. The RAN equipment market for 2017 is estimated to show a high single-digit percentage decline compared with previou...
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