Sentinel Security Life Insurance has introduced a new fixed indexed annuity product, Summit Bonus Index, intended to meet the growing retirement needs of US customers. Developed as a long-term investment vehicle with lifetime income ...
Voith Hydro and RusHydro signed a contract establishing the inception of the joint venture VolgaHydro LLC in Moscow. Each company holds a share of 50 percent of the joint venture. RusHydro will exercise the industrial leadership, Voith ...
Tags: Voith, RusHydro, Voith Hydro
Canada's Morien Resources is heading up a group of investors and coal buyers in talks with Xstrata Coal about buying its 75% stake in the $500 million Donkin coal project in Nova Scotia, a source close to the situation said Monday. The ...
Peregrine Semiconductor Corp of San Diego, CA, USA, a fabless provider of radio-frequency integrated circuits (RFICs) based on silicon-on-sapphire (SOS), says its chief financial officer (CFO), Jay Biskupski, was named San Diego's ...
Oracle has unveiled disappointing third-quarter results, with total revenues down one per cent to $9bn (£5.92bn) and new software licences and cloud subscriptions down two per cent to $2.3bn (£1.5bn). Oracle chief financial ...
Tags: Computer Products, Oracle, software
German specialty chemicals company LANXESS has announced strong figures for the past fiscal year, with improvements in key reported numbers. “2012 was the best year in our growth story so far. Our business model proved itself once ...
Tags: Lanxess group, chemicals company, chemicals
New York Life Insurance has appointed John Fleurant as its new executive vice president and chief financial officer (CFO), effective from 1 July 2013. Fleurant will replace current executive vice president and CFO Michael Sproule, who is ...
Tags: Life Insurance, care insurance, insurance
Editor's note: The following article appeared in the March 1 issue of Bicycle Retailer & Industry News and is part of our series of articles on succession in the bike industry. When Peter Enright agreed to friend Spence Wolf’s ...
Tags: Bicycle Retailer, Bicycle Industry, bike
Components supplier Hickory Spring Mfg. has realigned the responsibilities of several of its top executives as part of a corporate restructuring announced last month. The restructuring involves the creation of four business units - ...
Tags: Light Industry, Daily Use
Sears Canada has named E.J. Bird, a company board member since 2006, as its interim chief financial officer. He will remain on the multi-channel retailer's board, but will step down as lead director of its audit committee. He succeeds ...
Tags: Furniture, Furnishing
AMD is planning to sell and lease-back its Austin, Texas-based "Lone Star Campus" to 7171 Southwest Parkway Holdings, an affiliate entity of real estate investment company Spear Street Capital. Upon closing, net of all fees, the sale ...
Bedding producer Dormeo Octaspring has named Jason Broyles chief financial officer for its North American operations, a new position. He has more than 20 years of financial experience, most recently as CFO at Hunter Mfg., a producer and ...
Tags: Light Industry, Daily Use, Bedding
Rumours of a potential takeover of smartphone strugglers BlackBerry have boosted its share price by 14% BlackBerry's shares rose 14% on Monday (11 March) stoked by takeover speculation by Lenovo and news that AT&T will begin selling the ...
With a drive to fuel further omni-channel and international growth, the brands Coast, Oasis, Warehouse and Karen Millen have selected Retail Assist’s supply chain solution, Merret. Following a competitive tender process, the ...
Tags: Coast, Oasis, Warehouse, Karen Millen, Merret Suite
Clinical diagnostics company BioChain has licensed Epigenomics' methylated Septin9 marker, designed for the blood based detection of colorectal cancer (CRC). Under the license, BioChain will offer Septin9 assay as a service to customers ...
Tags: Clinical diagnostics, BioChain, Epigenomics