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Post Online Media Magazine

Companies : Page 1887

Alcoa to close or reduce smelting in U.S., Brazil
AlcoaAugust 15, 2013 ET
Alcoa said it will close or curtail 164,000 metric tons (mt) of smelting capacity in the United States and Brazil as part of its smelting capacity review that was announced in May.
B/E Aerospace to buy Blue Dot Energy Services
Blue Dot Energy ServicesAugust 15, 2013 ET
B/E Aerospace announced that it has initiated an expansion of its Consumables Management (CM) Segment into the oil and gas services industry via the acquisition of Blue Dot Energy Services.
IBM first to get Asia-Pacific privacy protection certificate
IBMAugust 15, 2013 ET
IBM is the first company to get certification under the new Asia-Pacific Economic Cooperation (APEC) Cross Border Privacy Rules (CBPR) system. The CBPR system was developed to establish consistent privacy protections for individuals across the APEC region.
EU gives green light to Telefonica, CaixaBank, Banco Santander
TelefonicaAugust 15, 2013 ET
The European Commission has cleared under the EU Merger Regulation the creation of a joint venture between the Spanish telecom operator Telefonica and two Spanish banks, CaixaBank, controlled by La Caixa–Caja de Ahorros, and Banco Santander.
SEC charges two J.P. Morgan traders in $6.2bn 'London whale' loss
JPMorgan ChasAugust 14, 2013 ET
The Securities and Exchange Commission (SEC) charged two former traders at JPMorgan Chase & Co. with fraudulently overvaluing investments in order to hide massive losses in a portfolio they managed.
Steinway to be sold to Paulson & Co. for $512 million
SteinwayAugust 14, 2013 ET
Steinway Musical Instruments and investment firm Paulson & Co. announced that entities affiliated with Paulson have entered into a definitive merger agreement or the acquisition of Steinway for $512 million.
Honda to invest $215 million in Ohio
Honda OhioAugust 14, 2013 ET
Honda will invest approximately $215 million in its Ohio operations to add new powertrain technologies and a technical training center at its engine plant in Anna, Ohio.
Port of Tauranga to buy 50% stake in PrimePort Timaru
Port of TaurangaAugust 14, 2013 ET
New Zealand's Port of Tauranga will buy a 50% shareholding in PrimePort Timaru for $21.6 million, excluding PrimePort's investment properties.
Specialty Compounding is recalling sterile medications
Specialty CompoundingAugust 14, 2013 ET
U.S. Food and Drug Administration (FDA) announced that Specialty Compounding, a subsidiary of Peoples Pharmacy Inc., is voluntarily recalling all lots of sterile medications within expiry.
Whirlpool to buy Hefei Sanyo for $552 million in cash
Hefei SanyoAugust 14, 2013 ET
Whirlpool Corporation announced that it has entered into agreements to become a majority shareholder (51 percent) in Shanghai's Hefei Rongshida Sanyo Electric Co., a home appliances manufacturer based in Hefei, China.
Pharmstandard agrees on key terms of a potential acquisition of Bever Pharma
Bever PharmaceuticalAugust 14, 2013 ET
Pharmstandard OJSC announced key terms of a possible acquisition of 100% share capital of Bever Pharmaceutical Pte Ltd: Total consideration for the acquisition of Bever is agreed at $590 million.
World's first MCV Eagle Texas in the water
Eagle TexasAugust 14, 2013 ET
Drydocks World announced that the world's first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World Dubai and was completed for Singapore based AET.