New York-based AmTrust Financial Services has signed an agreement to acquire Car Care Plan Limited (CCPH), a wholly owned subsidiary of Ally Insurance, for approximately $70m. The agreement was signed by an undisclosed wholly owned ...
Tags: AmTrust Financial Services, Car Care Plan Limited, Ally Insurance
Insurance firm Amlin has returned to profit after a major loss suffered in 2011 due natural disasters, such as Japanese tsunami, New Zealand earthquake and flooding in Thailand that affected the company to large extent. The company saw ...
Tags: Amlin, natural disasters, pre-tax profits soar, insurer
Taipei, Nov.1, 2012 (CENS) – Taiwan’s two major bike makers, Merida Bikes and Giant Global Group, enjoyed booming revenues in the third quarter, with Merida’s earning per share (EPS) reaching NT$2.43 (US$0.081), a new ...
Tags: Merida Bikes, Giant Global Group, demand of mid-and high-end bikes
British chip designer ARM has posted a better-than-expected 22 per cent rise in profits for Q3, the company has announced in its latest financial report. The Cambridge-based firm, which along with designing processors for the iPhone and ...
Tags: chip designer, ARM, AMD, Intel
Apple,the world's most valuable firm,has revealed that it Securities and Exchange Commission(SEC).To put this into context,the UK corporation tax rate is 24 per cent,while Germany's is 29.48 per cent and China's is 25 per cent. The form ...
Argos is to cut up to 10% of its 750 stores in a move to reposition itself from a catalogue-led business to a digital retailer. A spokeswoman from Argos said the store would wind down the existing branches as their leases expire over the ...
Tags: Argos, cut up stores, digital retailer, online
UK chip maker ARM saw pre-tax profits grow 22%toGBP68m in its third quarter,compared with the same period last year. The company's sales grew 20%toGBP144.6m.Processor royalty revenue also increased 27%year-on-year. ARM CEO Warren ...
Tags: ARM, chip maker, profits grow, cloud-based networks
Taipei,Oct.15,2012--The implementation of the third-round quantitative easing(QE3)policy in the U.S.has prompted the mainland Chinese branches of Taiwanese banks to change their profit-making strategy,as interbank U.S.-dollar deposit ...
Prudential is seriously contemplating to wash its hand from its UK life annuity business as its operation in the UK is not fetching sumptuous profit. The same move has been termed as a "disaster", by its chief executive officer Tidjane ...
Tags: UK Arm, Prudential, annuity business, sumptuous profit
Travis Perkins plc has reported a 7.3% rise in pre-tax profits for the first six months but says the exceptionally wet weather wiped around £10m off its results. Chief executive Geoff Cooper said the prolonged period of rain affected ...
Mets Wood has recorded €4m in operating profits in the first quarter and believes profitability will strengthen in the second quarter. Metsa, formerly known as Finnforest, said the building trade was expected to recover due to the ...
Tags: market view, wood
LED packaging company Ledtech Electronics expects its sales of LED lighting products to the Southeast Asia market to soar in 2012. For the first 11 months of 2011, Ledtech posted pre-tax profits of NT$60.98 million (US$2.02 million), which ...
Tags: Market View, led light
PRE-TAX PROFITS at timber processing group Glennon Bros last year increased by 55 per cent to ?.8 million. The Longford group won the industry section in the Ernst Young Entrepreneur of the Year award last year. Results filed at the ...
Tags: market view, timber