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Divestitures

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By Reuters | Publication: LexisNexis | Filed In: Divestitures and Ownership Changes
Abu Dhabi-based investment firm, The National Investor (TNI), has shed more than half of its workforce and is planning more job cuts in a bid to reduce costs in response to tough financial...
Business Journal
By Eva Fernandes | Publication: LexisNexis | Filed In: Business Forecasts and Business Climate & Conditions
Dubai Group says there is no reason to worry. Analysts say Dubai debt will be manageable this year. Meanwhile, UAE banks tighten strings to mitigate overspending by public establishments. What to make of...
Business Journal
By Leen Preesman | Publication: LexisNexis | Filed In: Sentencing and Criminal Law
2 hours ago NETHERLANDS - Two former directors at PREIM - the erstwhile property manager of the EUR14bn Dutch pension fund for Philips - have been found guilty of fraud....
Business Journal
The power and water desalination complexes in Oman are the biggest users of energy, mainly natural gas. Consumption by the expanding utilities sector is to rise rapidly, estimated at the rate of 9%...
Business Journal
Publication: LexisNexis | Filed In: Buyins & Buyouts and Mergers & Acquisitions
MANAVIGATOR-January 23, 2012-M&A Navigator: Deal pipeline - 23 January The following is a list of deals covered in detail by M&A Navigator this week: - CABOT CLOSES SALE OF SUPERMETALS UNIT TO GAM...
Business Journal
Full Year Diluted EPS of $12.37 ($11.85 as adjusted) Operating Margin of 36.3% (40.0% as adjusted) for Fourth Quarter 2011 Assets Under Management of $3.513 Trillion at December 31, 2011 NEW YORK --...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
CEDAR RAPIDS, Iowa -- Rockwell Collins, Inc. (NYSE: COL) today reported first quarter fiscal year 2012 income from continuing operations of $130 million compared to $150 million in the same period last year....
Press Release
Strong Capital Generation With Tier 1 Common Equity Ratio at 9.86 Percent Global Excess Liquidity Sources Remain Strong at $378 Billion, up $42 Billion in 2011 Investment Bank Maintained No. 2 Global Ranking...
Press Release
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/dc23a6/emerging_technolog) has announced the addition of the "Emerging Technologies: Stem Cells" report to their offering. Stem cell therapies will play an increasingly important role in the underserved field...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Operating-Basis((1)) Earnings Per Share of $3.73 Increased 10% from $3.40 in 2010 BOSTON -- State Street Corporation today announced full-year and fourth-quarter 2011 earnings per common share of $3.79 and $0.76, respectively, compared...
Press Release
Publication: Business Wire | Filed In: Divestitures and Ownership Changes
FARMINGDALE, N.Y. -- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that Kevin McSweeney has been named Chief Operating Officer of Telephonics, a new position reporting directly to Joseph...
Press Release
Publication: Business Wire | Filed In: Earnings Per Share and Company Earnings
Net Income up Double Digits in 2011 on Record Revenue eBay Tightens Range on Three-Year Outlook Reflecting Increased Confidence SAN JOSE, Calif. -- eBay Inc., a global commerce platform and payments leader (NASDAQ:EBAY),...
Press Release
Evenflo to Focus on Growth Opportunities for Its Diverse Product Offerings in Juvenile Travel, Home Safety and Ameda Breast Feeding MIAMISBURG, Ohio -- Evenflo Company, Inc., a trusted partner in nurturing babies' growth...
Press Release
Publication: Business Wire | Filed In: Divestitures and Ownership Changes
MEMPHIS, Tenn. -- Buckeye Technologies Inc. (NYSE:BKI) today announced that it has signed a definitive agreement to sell the assets and ongoing operations of its Merfin Systems converting business to National Tissue Company,...
Press Release
Mr. Bisson to replace retiring CFO Robert E. Hult CHELMSFORD, Mass. -- Mercury Computer Systems, Inc. (NASDAQ: MRCY, www.mc.com), a trusted provider of commercially developed, application-ready ISR subsystems for defense prime contractors, announced...
Press Release
Publication: Business Wire | Filed In: Company Losses and Company Earnings
* Fourth quarter 2011 net loss of ($2,272,682), compared to net loss in the fourth quarter of fiscal year 2010 of ($1,379,171). * Fourth quarter 2011 net sales of $2,268,651 compared to net...
Press Release
Award-Winning Global IT Staffing and Consulting Firm Kicks Off the New Year with a Diverse Line-Up of Sessions on Key Industry Topics MCLEAN, Va. -- Digital Intelligence Systems Corp. (DISYS), a leading global...
Press Release
Fourth Quarter Revenues of $17.2 Billion Down 7% from the Prior Year Period Fourth Quarter Net Credit Losses Declined 40% from the Prior Year Period to $4.1 Billion Full Year 2011 Net Income...
Press Release
Publication: Business Wire | Filed In: Lawyers and Legal Services
NAPLES, Fla. -- Health Management Associates, Inc. (NYSE: HMA) announced today that it is providing additional information pertaining to the January 10, 2012 Securities and Exchange Commission's ("SEC") Form 8-K filing announcing Timothy...
Press Release
NEW YORK -- Griffon Corporation ("Griffon" or "the Company") (NYSE: GFF), a diversified holding company, announced that it has appointed Alan H. Koblin as President of its Clopay Plastics business. Clopay Plastics is...
Press Release

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