Bermuda-based property and casualty insurance and reinsurance specialty provider Endurance Specialty Holdings has acquired Galileo Weather Risk Management(Galileo)assets. Weather risk management products and services provider,Galileo will ...
Tags: Endurance, Galileo Weather Risk Management, Martin Malinow
Taipei, Nov. 13, 2012 (CENS)--San’an Optoelectronics, mainland China’s largest LED (light emitting diode) epitaxy manufacturer, announced yesterday (Nov. 12) buying into Formosa Epitaxy Inc., the second largest LED epitaxy ...
Tags: San'an Optoelectronics, LED industry, global LED market
Taipei, Nov. 14, 2012 (CENS)—Formosa Epitaxy Inc. (FOREPI) Chairman F.J. Chien yesterday said San’an Optoelectronics Co., Ltd.’s 19.9% acquisition of his company’s ownership will help his company enter mainland ...
Tags: Forepi, China's LED market, LED market
Indian pharmaceutical company Cipla has named Subhanu Saxena as its new chief executive officer, effective 1 February 2013. Saxena worked with various companies including Citicorp, The Boston Consulting Group, PepsiCo and most recently ...
Tags: Cipla, pharmaceutical company
Transamerica's Life&Protection(L&P)Division has promoted Michael Babikian to president and CEO of its Brokerage distribution unit,who will replace Marty Flewellen. Prior to being promoted,he previously held the position of Executive vice ...
Tags: Michael Babikian, Marty Flewellen, Transamerica's Life&Protection
Taipei, Nov. 15, 2012 (CENS)--Taiwan Semiconductor Manufacturing Co.’s (TSMC’s) board of directors recently approved capital appropriation totaling NT$95.5 billion (US$3.29 billion at US$1:NT$29) for several expansion plans. ...
Tags: TSMC, expansion plan, R and D project
Hibbett Sports Inc.,a sporting goods retailer,announced results for the third quarter ended October 27,2012. Third Quarter Results Net sales for the 13-week period ended October 27,2012,increased 9.6%to$202.9 million compared with$185.2 ...
Tags: Hibbett Sports, sporting goods, third quarter results, store operating
The Wet Seal Inc.,a leading specialty retailer to young women,announced that Kathy Bronstein,retail consultant and former CEO of Wet Seal,and John Goodman,most recently Executive Vice President of Apparel and Home at Sears and former CEO of ...
Tags: Wet Seal, fast fashion
The year 2013 will be marked by a push towards internationalization.This is the primary objective emerging from the initiatives promoted by ACIMIT(the Association of Italian Textile Machinery Manufacturers)for the upcoming year,and approved ...
Tags: ACIMIT, internationalization, Association's Board of Directors meeting
National Council of Textile Organizations(NCTO)Executive Committee Member and CEO of Frontier Spinning Mills,John Bakane was recently appointed to serve as the U.S.textile industry representative on the Export-Import Bank(Ex-Im Bank or ...
Tags: NCTO, textile industry
CNinsure's board has appointed Yunxiang Tang as independent director of the Board following the resignation and end of his tenure from the Board. Tang has over 40 years of experience in business operation and management and held services ...
Tags: CN insure, Yunxiang Tang, PICC Property and Casualty Company
Coface has appointed Laurent Mignon as Chairman of the Board of Directors of the company following the end of Franois David's mandate. The new presidency change is a part of firm's continuity of the strategic orientations while the Board ...
Tags: Coface, New Chairman
Imagination Technologies risks being gazumped in its$60m(£37.6m)bid to acquire microprocessor designer MIPS Technologies after the board of MIPS opened talks with rival CEVA. The news follows a significantly ...
The Children's Place Retail Stores Inc.,the largest pure-play children's specialty apparel retailer in North America,announced third quarter net sales increased 3%to$500.9 million for the thirteen weeks ended October 27,2012,compared ...
Tags: Children's Place, Earnings, apparel retailer, net sales
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant