Group 1 Automotive, an automotive retailer, has reported total revenue of $1.9bn for the second quarter ended 30 June 2012, an increase of 28.6%, compared to $1.47bn for the same period in 2011. The company posted net income of $28.62m ...
Tags: Group 1 Automotive, automotive retailer, net income, gross profit
The crisis ridden textile industry heaved a sigh of relief consequent to the announcement of textile debt restructuring package of Rs.35,000 crores by the Finance Ministry following the concerted efforts made by The Southern India ...
Tags: textile industry, textile market, textile, subsidy benefits
AEGON has appointed two key executives in its management team including Michiel Katwijk as chief financial officer (CFO) for the Americas and Darryl Button as executive vice president, head of the corporate financial center, effective from ...
Tags: AEGON, management, CFO, financial center, finance
New Jersey-based Prudential Financial has reported first-quarter net loss for its financial services business at $988m or $2.09 per share, compared to net income of $539m or $1.10 per share during the same period in 2011. Financial ...
Tags: Prudential Financial, financial service, net income, quarter 1, finance
Life Partners has appointed Scott Dubs as its chief financial officer, who has 36 years of financial experience, including 12 years as an auditor with Price Waterhouse Coopers and 24 years as CFO/VP of Finance. Dubs has succeeded Dave ...
Tags: Scott Dubs, chief financial officer, Life Partners, life insurance
Prudential Financial, a diversified US financial conglomerate net income has boosted by 182% to $2.2bn for the second quarter of 2012, against a net income of $779m during the year ago quarter. For the latest quarter period, its net ...
Tags: Prudential Financial, net income, quarter 2, financial conglomerate
Genworth Financial has reported a net income of $76m, or $0.16 diluted earnings per share, for the second quarter of 2012, compared to a net loss of $136m, or $0.28 diluted loss per share, for the same period in 2011. The total revenues ...
Tags: Genworth Financial, net income, second quarter, finance
Genworth Financial has appointed Daniel Sheehan IV as senior vice president and chief investment officer, effective from 30 April 2012. Sheehan will report to Genworth chief executive officer and chairman Michael Fraizer and will assume ...
Tags: Genworth Financial, Daniel Sheehan IV, investment officer, finance
Valeant Pharmaceuticals has entered into agreement with Medicis Pharmaceutical to acquire all of the outstanding common stock of Medicis for $44.00 per share in cash. The transaction, which values Medicis's common stock nearly $2.6bn, ...
Tags: transaction, dermatology, clinical product
Pacific Life, a US insurer has selected Anthony Premer as senior vice president, real estate investments, effective from 1 January 2013. Premer will take the place of Michael Robb who will be retiring at the end of the year after a ...
(China Glass Network) In order to protect its domestic industry, the Egypt finance ministry approved the proposal to up-regulate some import tariff rate. Especially the reflective glass and stained glass, the import tariff will adjust from ...
Tags: Egypt, glass, reflective galss, stained glass, flat glass
The exports of textiles,including apparels,from Japan dropped six percent year-on-year to US$781.49 million in September 2012,according to the statistics compiled by the Japan Textiles Exporters Association based on the data made available ...
Tags: textiles, exports, Japan, statistics
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
Schneider Electric Canada has appointed Susan Uthayakumar VP for the Power business, where she is responsible for developing and executing the sales and marketing strategy. She will also continue to lead acquisition strategies within ...
Tags: Schneider Electric, Power business, sales and marketing strategy
Enstar Group and SeaBright have embarked into a definitive merger agreement pursuant to which the former will purchase the latter for $11.11 per share in cash, valuing the transaction for almost $252m. As per the acquisition deal signed, ...
Tags: Enstar Group, SeaBright, merger agreement, insurance