Florida based insurance provider 21st Century Holding Company has changed its corporate name as Federated National Holding Company (Federated National), after receiving shareholder approval. The company has also changed its Nasdaq trading ...
Tags: 21st Century Holding Company, Federated National Holding Company
Siemens has entered into an agreement to acquire Invensys Rail, the rail automation business of Invensys for approximately EUR 2.2 billion. At the same time, the company plans to divest its baggage handling, postal and parcel sorting ...
Tags: Siemens, rail, baggage handling, postal, parcel sorting activities
Siemens has ditched plans to float its lighting subsidiary Osram on the stock market, opting instead to spin the business off to existing shareholders. The German industrial giant announced in March last year its plan for an initial ...
Siemens has shelved plans to float its lighting business,Osram,on the stock market and instead will spin off the company early next year,according to its chief executive Peter Loescher. The company's net profit of Euro 823 ...
Tags: Europe, Osram, Siemens, LED, Lights&Lighting
Siemens CEO Peter Löscher Siemens has abandoned its plans to float Osram on the stock market in the wake of disappointing financial results and continued economic turmoil. The German conglomerate will instead make Osram independent ...
Tags: IPO, Siemens, Peter Löscher
Optical communications and laser component,module and subsystem makers Oclaro Inc of San Jose,CA,USA and Opnext Inc of Fremont,CA,USA have announced shareholder approval of their merger(announced in late March).Opnext shareholders will ...
Diversified industrial manufacturer Eaton Corporation(NYSE:ETN)("Eaton")and electrical equipment supplier Cooper Industries plc(NYSE:CBE)("Cooper")today announced they have entered into a definitive agreement under which Eaton will acquire ...
Tags: Eaton Corporation, Premier Global Power Management Company