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CNBC News Releases Press Releases

  • FEDERAL WAY, Wash., July 31, 2015/ PRNewswire/-- Weyerhaeuser Company today reported second quarter net earnings to common shareholders of $133 million, or 26 cents per diluted share, on net sales of $1.8 billion. Second quarter 2014 includes net earnings from discontinued operations of $22 million. During the third quarter of 2014 Weyerhaeuser retired...

  • AMSTERDAM, July 31, 2015/ PRNewswire/-- VimpelCom Ltd., a leading global provider of telecommunications services, headquartered in Amsterdam, today announces that Bart Morselt has been appointed Group Head of Investor Relations, succeeding Gerbrand Nijman, who was recently appointed CFO of Global Telecom Holding. About VimpelCom VimpelCom is a leading...

  • BMG Pharma S.r.l. is pleased to announce the signature of a Distribution Agreement with Sayre Therapeutics Ltd, Bangalore, India, for its cancer supportive products under the brand name GelX ® and for its liposomal iron based food supplement IronOne. "We are proud to cooperate with Sayre who we have signed up with as our preferred and exclusive partner in...

  • QINGDAO, China, July 31, 2015/ PRNewswire/-- On July 31, Hisense Group and Sharp announced that Hisense will be purchasing all equity and assets of Sharp's TV factory in Mexico for $23.7 million with rights to use the "Sharp" brand name and all its channel resources in both North and South American regions. The acquisition will help Hisense gain an upper hand in both...

  • NEW YORK---- PVH Corp. today announced that it has entered into a new employment agreement with Fred Gehring, currently Executive Chairman, Tommy Hilfiger, and Vice Chairman, PVH Corp. The agreement provides for Mr. Gehring to relinquish his role as Executive Chairman, Tommy Hilfiger, and reflects the continued strong performance of the Tommy Hilfiger business...

  • Alexander Wang will show his final collection for Spring/Summer 2016 womenswear on 2 October 2015 in Paris and a new Creative Director for the brand will be announced in due course. Balenciaga and Kering would like to thank Alexander Wang for his accomplishments and wish him the very best with his eponymous brand as well as all his future endeavors.

  • CAPE TOWN, South Africa, July 31, 2015/ PRNewswire/-- The rapid growth of the mining industry, especially in Central Africa, is being mirrored in the market for mining explosives and chemicals across Sub-Saharan Africa. The mining industry has been propelled by relative political stability in previously volatile regions, such as the Democratic Republic of the...

  • SINGAPORE, July 31, 2015/ PRNewswire/-- Hybrid IT is fast becoming the new normal across organizations in Asia-Pacific. With the increasing utilization of data centers and cloud services across the Asia Pacific region, companies have gradually updated or upgraded their existing IT systems, giving rise to the Hybrid IT environment. According to Mayank Kapoor,...

  • Results were in line with Board expectations and the full year outlook is unchanged Events in China in H1 performed well and forward indicators for H2 are good Good progress on' Events First' strategy, especially on portfolio rationalisation and targeted acquisitions Good Advanstar performance with integration on track and synergies ahead of plan Group...

  • MUNICH---- SFC Energy AG, a leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received an order by German Bundeswehr for fuel cells to power devices on military vehicles and for soldiers in the field. At the time, the EMILY was also assigned a NATO stock number, and as of this date is the only fuel cell in Germany to have...

  • TOKYO---- Renesas Electronics Corporation today announced consolidated financial results for the three months ended June 30, 2015. Summary of Consolidated Financial Results. 4.1 Changes in significant subsidiaries for the three months ended June 30, 2015.

  • TOKYO---- Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced the difference between its consolidated financial forecasts, which it disclosed on May 12, 2015, and the actual results, which it disclosed today, for the three months ended June 30, 2015. The statements in this press release with respect to the...

  • TOKYO---- Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the six months ending September 30, 2015 and forecasts of cash dividends. Refer to Renesas Electronics' press release“ Renesas Electronics Reports Financial Results for the First Quarter Ended June...

  • AURORA, Colo.---- The Fitzsimons Redevelopment Authority announced that Precision Biopsy is the first commercial company moving into their new Bioscience 2 building, which opened in June. Located adjacent to the Anschutz Medical campus on property that the University of Colorado purchased from the FRA, Bioscience 2 is a new multi-tenant building spanning more...

  • LOS ANGELES& PARIS---- OpenGate Capital, a global private equity firm, announced today that Kem One Group SAS, owned jointly with Alain de Krassny, has acquired Kem One Innovate Vinyls from The Klesch Group. Kem One Innovative Vinyls produces downstream polyvinyl chloride,“ PVC,” products including compounds, and profiles and tubes from its facilities in Europe, Asia...

  • Aaron Bensimon, Genomic Vision’ s co-founder and President of the Management Board, comments:“ The first half of 2015 was marked by the renewal of our strategic partnership with Quest Diagnostics. This new contract secures our commercial development in the United States for the next 3 years under advantageous financial conditions while giving us greater...

  • TOKYO---- NTT Communications, the ICT solutions and international communications business within NTT, announced today that it has been positioned as a Leader in International Data Corporation’ s "IDC ITMarketScape Worldwide Telecom Service Provider Vendor Assessment" report. NTT Communications has earned a spot in the leadership quadrant of this IDC...

  • Growth in Europe: Solid first-half in France, acceleration in Spain. Excellent performance in Latin America with growth in recurring operating income of +26.3% Consolidation of leading position in food retail in Brazil Amid a tough trading environment, Carrefour is adapting its model in China; return to growth in Taiwan. Sustained investments of €804 m to...

  • LONDON, July 31, 2015/ PRNewswire/-- Tetragon Financial Group Limited is a Guernsey closed-ended investment company traded on Euronext Amsterdam N.V. under the ticker symbol "TFG". Investment Composition: The geographical allocation of TFG's investments was determined to be 59.1% U.S., 9.6% Europe and 2.7% Asia at month-end. About Tetragon: Tetragon Financial...

  • It represents a net exit yield of 4.5% and a weighted average lease term of 3.3 years at closing, anticipated at the end of Q3 2015. Wereldhave was advised by Cushman& Wakefield. The Noda building in Issy-les-Moulineaux was sold for 185 m net, which is 8.9 m or 5.1% in excess of the book value as at December 31, 2014, when the building was transferred from the...