Montevideo, Uruguay (ots/PRNewswire) - The Republic of Uruguay announced today that approximately U.S.$1,173 million aggregate outstanding principal amount of Uruguay's U.S. dollar and Euro-denominated bonds (the "Eligible Bonds") eligible to participate in the exchange offer and the related cash tender offer (collectively, the "Offer") announced October ...
Montevideo, Uruguay (ots/PRNewswire) - The Republic of Uruguay, in accordance with the schedule of its previously announced invitation to holders of Eligible Bonds to exchange their bonds for the New Reopened Bonds listed below in a series of related modified Dutch auctions launched October 19, 2006, announced today the following reopening issue prices ...
Freising-Weihenstephan, Germany - (ots) - Pieris AG, a bio-pharmaceutical company developing therapeutic products comprising of Anticalins®, a novel proprietary class of human binding proteins, announced today that it has confirmed the functional antagonistic activity of its lead PRS-050 Anticalin® in vivo, supporting the development of superior biotherapeutics ...
Montevideo, Uruguay (ots/PRNewswire) - The Republic of Uruguay announced today a series of liability management transactions intended to improve its external debt profile and reduce its vulnerability to external shocks. The transactions comprise offers to holders of 20 outstanding series of Uruguay's foreign currency external bonds maturing on or prior to 2019 and one series due 2027 (the "Eligible Bonds") to (a) ...
Custom House Global Foreign Exchange
Rome (ots/PRNewswire) - Italian corporations are leveraging international business transactions with the help of a barely known foreign exchange heavyweight that is quietly taking market share away from the banks. Warren Whyte, Managing Director UK & Europe for Custom House, one of the largest non-bank foreign exchange companies in the world, is pleased to ...
San Francisco (ots/PRNewswire) - Visa announced today that it intends to restructure its organization in order to create a new public global corporation called Visa Inc. As a part of this restructuring, Visa Europe will remain a membership association, owned and governed by its European member banks, and become a licensee of Visa Inc. Visa expects the proposed restructuring will best position the company to meet ...
Calgary, Canada (ots/PRNewswire) - County Line Energy Corp. (Pink Sheets: CLYC) President, Harry Bygdnes announced today that the future market for the heavy crude the company is expected to produce has improved dramatically with the recent announcement that oil giant BP (NYSE: BP) plans to invest US$3 Billion ...
Anchorage, Alaska (ots/PRNewswire) - BP Exploration (Alaska) Inc. said today it will re-start a portion of the Eastern Operating Area of Prudhoe Bay in order to run cleaning pigs and conduct an in-line inspection of the crude oil transit line using a "smart pig." The eastern portion of Prudhoe Bay was shut down on Aug. 10 following discovery of a spill caused by ...
Zurich/Pfaeffikon SZ (ots) - Horizon21 and Swiss Re intend to combine their private equity fund of funds businesses to satisfy increased client demand for investment solutions from an integrated alternative investment specialist. Swiss Re would contribute its private equity fund of funds business with 3.1 ...
Hanover (ots/PRNewswire) - - Unit Expected to Meet Sales, Operating Profit Margin Targets in Fiscal Year 2006 Nissan Motor Co. announced today at the 61st International Commercial Vehicle Show in Hanover, Germany that it expects its light commercial vehicle unit to meet its business commitments under the company's global "NISSAN Value-Up plan" in fiscal year 2006, one year ahead of schedule. Under the ...
Premium Coffee Brand Remains Dedicated to Swiss-Made Products, Quality Paudex (ots) - Nestlé Nespresso, the worldwide pioneer in premium portioned coffee, announced that the Company will open a new coffee Production-Distribution Centre in Avenches, Switzerland in 2008. By 2010, the facility will employ more ...
Perimeter Institute for Theoretical Physics
Toronto, Canada (ots/PRNewswire) - - Michael Aaron Nielsen - Quantum Information Theory Perimeter Institute for Theoretical Physics in Waterloo, Ontario, Canada (just outside Toronto) welcomes Michael Aaron Nielsen to Faculty beginning May, 2007. A distinguished and prolific scientist, Dr. Nielsen specializes in Quantum Information Theory and is widely known for his fundamental work on the theory of ...
Montreal, Canada (ots/PRNewswire) - TICKER SYMBOL: (TSX: DTC , NYSE: DTC) Domtar Inc. announced today a loss from continuing operations of $3 million ($0.01 per common share) in the second quarter of 2006 compared to a loss from continuing operations of $22 million ($0.10 per common share) in the first quarter of 2006 and earnings from continuing operations of $6 million ($0.02 per common share) in ...
Luterbach (ots) - Management buyout ensures continuity for employees and customers - Luterbach location to become a center of competence for EMC test systems development The Schaffner Group is selling the EMC test systems business line through an MBO to a group of investors led by Johannes Schmid, the Head of the Test Systems Division. The parties have agreed not to disclose details of the price. The sale of the ...
Tokyo, Japan (ots/PRNewswire) - Nissan Motor Co., Ltd., today announced that consolidated net income after tax totalled 110.2 billion yen (US$962 million, euro 783 million) in the first quarter of fiscal year 2006, ending March 31, 2007, up 4.2% compared with the same period a year ago. The rise in net income for 2006 reflects the exceptional charges taken in the same period in 2005 relating to accounting standards ...
Paris, France (ots/PRNewswire) - Valeo (OTC: VLEEY) today announced the establishment of a Chinese joint venture with Ichikoh, one of Japan's largest lighting systems manufacturers. This operation, the Group's thirteenth in China, demonstrates Valeo's continuing commitment to the Chinese automotive market and ...
New York (ots/PRNewswire) - The June Bloomberg Eurozone Retail Purchasing Managers' Index ("PMI(R)"), a monthly survey indicating economic conditions in the Eurozone retail sector one month ahead of government issued figures, indicated that Eurozone retail sales rose strongly at the end of the second quarter. The seasonally adjusted Eurozone Retail PMI remained above the no-change mark of 50.0 in June, ...
Toronto, Canada (ots/PRNewswire) - Nortel(x) Networks Corporation (NYSE/TSX: NT) today announced the closing of the previously announced offering of US$2 billion aggregate principal amount of senior notes (the "Notes") by its principal direct operating subsidiary, Nortel Networks Limited ("NNL"), to qualified institutional buyers pursuant to Rule 144A under the ...
Montreal, Canada (ots/PRNewswire) - TORR Canada Inc. (TSX-V: TOR) ("TCI"), a leader in the extraction of hydrocarbons from produced water, announced today the appointment of Mr. Ray Cocomello, P. Eng as Senior Vice-President Sales and Business Development. "Mr. Cocomello joins our team to put together a strong worldwide sales network," said Alain Ferland, ...
Paris (ots/PRNewswire) - More than 200 pre-eminent members of the French Government, art dealers and collectors gathered at the Musee de l'Orangerie in the Jardin des Tuileries when Christian Giacomotto, Chairman of the French auction market Authority (Conseil des Ventes Volontaires de Meubles aux encheres publiques) Presented the 4th annual report of the Conseil's activities. Giacomotto who was elected Chairman in ...
Pfaeffikon SZ (ots) - Horizon21 Wealth Management Holding, a subsidiary of Horizon21 Holding, extends its stake in HPM Portfolio Management AG (HPM), Pfaeffikon SZ, Switzerland, from 60 to 100 percent. Next to the full acquisition of HPM the transaction includes the integration of Horizon21 Wealth Management. The transaction is expected to be completed by June 30, 2006. Terms of the acquisition were not disclosed. ...
- Pictures can be downloaded free of charge and are also distributed by the EPA - Leader Floyd Landis and Team to Spread the Message of Better Hearing Across the Country - and Beyond Stäfa, Switzerland (ots) - On July 1, the Phonak Cycling Team will set out to win the 3653.6 kilometer-long Tour de France, the world's most prestigious and difficult cycling ...
The founder of the Oettinger Davidoff Group, Dr. Ernst Schneider, has decided to step down as the chairman of the Oettinger Imex AG board of directors effective July 1, 2006 in order to unburden himself. He remains a member of the Oettinger Imex AG board of directors and president of the superordinate holding company SIP Schneider Investment & Participations SA. He will be succeeded by Riccardo Gullotti. Basel ...
Quebec City, Quebec (ots/PRNewswire) - SAM Private Equity, a Switzerland- based venture fund specialized in cleantech and sustainability investments, led a Series A financing that totalled CAN$ 7.0 million. The syndicate consisted of BDC Capital and Fonds d'Investissement en Développement Durable (FIDD), two ...
- Capital increase with net proceeds of around ¤100 million for further improvement of capital structure and generating additional headroom for growth - Around 50 per cent free float after IPO - First day of trading before summer break Frankfurt (ots) - Klöckner & Co AG management will present the company during a roadshow to national and international investors, which will start on June 14. Investors can ...
Ludwigshafen, Germany (ots/PRNewswire) - BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN) today announced that Institutional Shareholder Services (ISS) has recommended that Engelhard's shareholders vote for BASF's five nominees for election to Engelhard's Board of Directors at the June 2 Annual Shareholders' Meeting. ISS is a ...
Ludwigshafen, Germany (ots/PRNewswire) - - BASF CEO Hambrecht: 'This is our last, best and final offer.' BASF Aktiengesellschaft (Frankfurt: BAS, NYSE: BF [ADR], LSE: BFA, SWX: AN) today announced that it has raised its all-cash offer for Engelhard Corporation (NYSE: EC) to US$39 per share from its previous offer of US$38 per share. "We are confident that Engelhard's shareholders will recognize the superior ...
Freising-Weihenstephan, Germany (ots) - Pieris Proteolab AG announced today the appointment with immediate effect of Evert Küppers (37) as its new Chief Executive Officer. Mr Küppers joins Pieris from IDEA AG, where he was Vice President and Head of Business Development. He played a pivotal role in the company's corporate development by securing the Johnson & Johnson partnership for its lead late stage clinical ...
Paris (ots/PRNewswire) - European Capital, S.A. SICAR announced today it has invested EUR 12 million (US$15 million) in the EUR 120 million mezzanine facility of Cegelec, a leading international engineering group providing electrical contracting services for industrial, infrastructure and non-residential building projects. Senior and mezzanine facilities were ...