Polartec LLC, a leading global supplier of performance fabrics sold under the Polartec brand, announced the appointment of Gary Smith as Chief Executive Officer, and Joe Robinson as Chief Financial Officer, successfully completing the ...
Tags: fabrics sold, fabrics, outdoor industries, apparel industries
Risk Strategies Company (RSC), an insurance brokerage, has appointed John Wilcox as its new president and chief operating officer. Wilcox, who will report to RSC chief executive officer Michael Christian, will be responsible for ...
Tags: RSC, insurance brokerage, John Wilcox, operating officer, insurance
US insurer American International Group (AIG) has launched a sale proceed in Hong Kong to offload $2bn worth of ordinary shares of AIA by placing it to certain institutional investors. The fund raised by the sale of the proposed shares ...
Tags: AIG, ordinary share, insurance company, insurance
Manulife Financial has reported a net income of C$1.2bn, or C$0.62 diluted earnings per share, for the first quarter of 2012, compared to C$985m, or C$0.53 diluted earnings per share, for the same period in 2011. The total revenue for the ...
Tags: Manulife Financial, net income, diluted earnings, finance news
Platinum Underwriters Holdings has reported that its net income for the second quarter of 2012 was $67.5m and diluted earnings per common share of $1.97, compared to a net loss of $20.4m during the corresponding period earlier fiscal. For ...
Tags: Holdings, net income, quarter 2, insurance
Accu-Time Systems,the leading global provider of biometric and non-biometric workforce management tools,has announced the immediate availability of AccuTouch USB,a new portable multispectral fingerprint reader.This new device will enable ...
Tags: AccuTouch USB, biometrics, enrolment and false read issues
Compagnie Financière Richemont SA and Winona Capital Management LLC are pleased to announce that an agreement has been reached whereby Richemont will acquire Peter Millar LLC, a US-based, international luxury apparel business, in a ...
Tags: luxury apparel, private transaction, Richemont, Peter Millar
PHILADELPHIA, PA(BRAIN) — Versa Capital Management LLC has purchased New Hampshire-based Eastern Mountain Sports, a 69-store retail chain. Versa, based in Philadelphia, is a private equity firm that also owns Bob's Stores, an ...
Tags: Equity Firm, Ems, Mountain Sports, store retail chain
Validus Pharmaceuticals and Wood Creek Capital Management have acquired the US rights to six product lines from Novartis Pharmaceuticals Corporation (NPC). The acquired six product lines include Lopressor (metoprolol tartrate USP) ...
Versa Capital Management,LLC announced that it has acquired Eastern Mountain Sports,a 69-store outdoor retailer in 12 eastern states,effective immediately.Mark Walsh,a Versa Principal and Chairman of Bob's Stores,a northeastern apparel ...
Tags: Versa, Eastern Mountain Sports, EMS, outdoor enthusiasts
Textured Jersey Lanka PLC(TJL),Sri Lanka's premier manufacturer of knit fabric,demonstrated its operating excellence by doubling net profits for the quarter ended 30 September 2012(2Q FY2012/13),as per the financial results released to the ...
Tags: Textured Jersey Lanka, knit fabric, net profits, financial results
December 18,2012-Shermco Industries Inc.—a provider of testing,maintenance,repair,engineering,training and commissioning services for low-,medium-and high-voltage electrical equipment,motors and generators—has been acquired by ...
Guinness Peat Group plc (GPG) announces update on value realisation programme and proposed structure On 11 February 2011, the GPG Board outlined a revised strategy for the GPG Group that focused on the following key principles: - GPG to ...
Tags: GPG, investment, capital notes, wind-down plan
The failure of human resources(HR)departments to understand how a business works is one of the most common reasons why HR IT projects fail,delegates at HRTech2012 heard. Most HR heads do not really understand how their business makes ...
Tags: HR, avoid IT failures, understand business, HR technology Technology
Company Closes on$49 Million Equity Investment by World-Class Institutional Investors Expected to Allow Company to Meet Growing Product Demand,Maintain Market Leadership Position and Accelerate its Drive to Profitability ...
Tags: North America, Lighting Science Group, equity financing, Zouk Capital LLP