Frank Beeck, CEO of Charles Vogele Group, who led the company since September 2011, is leaving the company with immediate effect because of differences of opinion about operational management of the business. "We would like to thank Frank ...
Tags: Frank Beeck, Charles Vogele, immediate effect, differences of opinion
Iverson Genetic Diagnostics has entered into a licensing agreement with Johns Hopkins University School of Medicine for a molecular diagnostics test, designed to help physicians to assess cardiovascular risk in men and women, and ...
Tags: Iverson Genetic Diagnostics, SR-BI, molecular diagnostics test
Deckers Outdoor Corporation announced financial results for the third quarter ended September 30, 2012. Third Quarter Review Net sales were $376.4 million compared to $414.4 million for the same period last year. Gross margin was 42.3% ...
US-based specialty insurance brokerage firm, Alliant Insurance Services has appointed Surety executive Lawrence McMahon as the first vice president of the National Association of Surety Bond Producers (NASBP). McMahon, who joined the ...
Tags: Alliant Insurance Services, Lawrence McMahon, NASBP, insurance
Luxembourg-based CVC Capital Partners–led group has agreed to purchase insurance-claims adjuster Cunningham Lindsey from Stone Point Capital and Fairfax Financial Holdings in a deal valued between $900m and $1bn including debt. An ...
Tags: CVC, Bes, board of directors, 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
Business Line reported that IL&FS Engineering and Construction Company Ltd has posted a loss of INR 15.79 crore for the Q2 ended September 30th 2012, as against a loss of INR 37.62 crore for the corresponding period last year. Income from ...
Tags: IL&FS Engineering and Construction, Satyam Computers Services, INR
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 ...
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American food company Kraft Foods has announced that its board of directors have approved the spin-off of its North American grocery business. The spin-off is scheduled to be completed on 1 October 2012. The split will result in the ...
PartnerRe, a provider of reinsurance services, has appointed Egbert Willam to its Board of Directors to serve on it’s Audit and Nominating and Governance Committees, effective from 01 June 2012. Willam, who is the founder and ...
Tags: PartnerRe, reinsurance service, reinsurance, insurance, insurance product
Lincoln Financial has appointed Ellen Cooper as the executive vice president and chief investment officer, effective from 6 August 2012. Cooper, who joins Lincoln Financial from Goldman Sachs Asset Management, will be responsible for ...
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CRS Electronics Inc.reported financial results for the three and nine month periods ended September 30,2012. For the three months ended September 30,2012,the Company reported sales of$607,000 and a net loss of$1.2 million or$0.02 per ...
Tags: CRS, financial results, Electronics, LED lights
Takeda's wholly-owned subsidiary, Takeda America Holdings and LigoCyte Pharmaceuticals have entered into a definitive agreement for Takeda to acquire LigoCyte for an upfront payment of $60m, with future contingent consideration based on the ...
Cabela's Incorporated reported strong financial results for third quarter fiscal 2012. For the quarter, total revenue increased 9.2% to $741.2 million; Retail store revenue increased 15.8% to $456.0 million; Direct revenue decreased 6.7% ...
Tags: Cabela's, financial results, third quarter, revenue
Hannover Life Reassurance has appointed Cliff Titcomb as vice president and chief medical director, who will form an integral part of the firm's senior risk management team. Hannover Life senior vice president and chief underwriter Kevin ...
Tags: Hannover Life Reassurance, Cliff Titcomb, vice president