|
Magellan Aerospace ( MAL ) |
 |
 |
|
Industrial
|
|
Written by Editor
|
|
Wednesday, 12 May 2010 08:48 |
Magellan Announces $425 Million Contract with Rolls-Royce
Magellan Aerospace Corporation announced today that it has reached agreement with Rolls-Royce Plc and Rolls-Royce Deutschland Ltd & Co KG to manufacture mainline shafts and stub shafts for various Rolls-Royce engine programs. The work will be performed on these flight safety critical rotating parts at Magellan's Middleton Aerospace facility in Haverhill, MA. It is estimated that the gross program revenue will be approximately $US 425 million over the 15-year term of the agreement.
"Magellan has a longstanding business relationship with Rolls-Royce, and is pleased to enter this agreement and further expand the relationship," stated Jim Butyniec, President and CEO of Magellan Aerospace Corporation. He noted that "This advancement continues Magellan's strategy to expand its core manufacturing capabilities and to invest in state-of-the-art equipment to maintain competitiveness in the global marketplace."
|
|
|
China Techfaith Wireless Communication ( CNTF ) |
|
|
|
Telecom
|
|
Written by Editor
|
|
Thursday, 20 May 2010 10:15 |
TechFaith Reports First Quarter 2010 Financial Results
China Techfaith Wireless Communication Technology Limited (NASDAQ:CNTF ) ("TechFaith" or the "Company") today announced its unaudited financial results for the first quarter ended March 31, 2010.
For the first quarter of 2010, TechFaith reported net revenue of US$60.9 million (RMB 415.8 million), a 1.8% increase compared to US$59.8 million (RMB 408.3 million) in the fourth quarter of 2009 and a 25.1% increase compared to US$48.7 million (RMB 332.9 million) in the same period of last year. Gross margin for the first quarter of 2010 improved to 22.0% compared to 16.1% in the previous quarter and 18.1% in the same quarter last year. Net income attributable to Techfaith for the first quarter of 2010 was US$6.9 million (RMB47.1 million), compared to US$3.1 million (RMB21.2 million) in the fourth quarter of 2009, and US$2.1 million (RMB14.4 million) in the same quarter of last year.
|
|
Medical Nutrition USA Inc ( MDNU ) |
|
|
|
Healthcare
|
|
Written by Editor
|
|
Friday, 11 June 2010 09:28 |
Danone to Acquire Medical Nutrition USA, Inc.
Medical Nutrition USA, Inc. (NASDAQ:MDNU ) (and referred to herein as "MNI"), a developer and distributor of nutrition-medicine products, today announced that it has entered into a definitive merger agreement with Danone North America, Inc. ("Danone"), under which Danone will acquire all the outstanding shares of MNI for $4.00 per share in cash, in a transaction valued at approximately $62.3 million.
Under the terms of the merger agreement, a wholly owned subsidiary of Danone will merge into MNI, with MNI as the surviving corporation, and each outstanding share of common stock of MNI (other than dissenting shares) will be converted into the right to receive $4.00 per share, in cash. This price represents a premium of 44% over the closing share price of MNI's common stock on June 10, 2010.
|
|
|
Isle of Capri Casinos Inc ( ISLE ) |
|
|
|
Entertainment
|
|
Written by Editor
|
|
Wednesday, 02 June 2010 09:13 |
Isle of Capri Casinos, Inc. Announces Fiscal 2010 Fourth Quarter and Year End Results
Isle of Capri Casinos, Inc. (Nasdaq: ISLE) (the "Company") today reported financial results for the fourth quarter and fiscal year ended April 25, 2010, and other Company-related news.
In making the announcement, the Company pointed to a series of accomplishments during the quarter and past fiscal year. Specifically, the Company:
-- Nears completion of the acquisition of Rainbow Casino in Vicksburg, Mississippi;
-- Reduced property-level operating expenses by $12 million in fiscal year 2010, totaling over $32 million in cost reductions over the past two fiscal years;
-- Increased See. Say. Smile. customer satisfaction scores to 90%; an increase of 300 bps from 60% two years ago; and
-- Amended the leverage and interest coverage covenants of its senior credit facility.
|
|
Publishing Technology appoints Mark Carden as Global Head of Sales |
|
|
|
Unlisted
|
|
Written by NeonDrum
|
|
Sunday, 20 June 2010 16:44 |
|
London, UK, Monday 21st June, 2010 – Publishing Technology, the global provider of software and services to the publishing industry, and the largest player in the market, is pleased to announce the appointment of Mark Carden as Executive Vice President, Global Sales & Marketing. Mark will be responsible for Publishing Technology's business development activities worldwide, leading the team that informs potential and current customers about the company's product and service offerings, including advance, ingentaconnect and pub2web. Based in the UK, USA and Brazil, Publishing Technology operates across the trade publishing, academic and scholarly markets. |
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>
|
|
Page 5 of 743 |
