Yahoo! Canada Finance: Conglomerates Industry News

Chrysler looks at China alliance to boost global business

Fri, 04 Jul 2008 16:52:00 GMT

The Canadian Press - BEIJING - Chrysler LLC, looking for foreign partnerships to help drive its business as U.S. sales slump, announced a deal with China's Great Wall Motor Co. on Friday to study sharing technology, components and distribution.

ITG Vista(TM) Sorting Operates with 3M RFID Technology at Lone Tree Public Library

Thu, 03 Jul 2008 14:38:17 GMT

Business Wire - Douglas County Libraries have installed Vista™ Sorting at the Lone Tree Public Library in Colorado.

Don't blame the buck for high oil price: Paulson

Thu, 03 Jul 2008 12:54:00 GMT

Reuters - LONDON (Reuters) - A weaker dollar cannot be blamed for soaring oil prices as policymakers around the world tussle with the twin specters of rising inflation and slowing growth, U.S. Treasury Secretary Henry Paulson said on Thursday.

Paulson: inflation becoming top global focus

Thu, 03 Jul 2008 11:31:00 GMT

Reuters - LONDON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Thursday inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll.

Philadelphia Gear Purchases Majority of General Electric Marine Gear Product Line

Thu, 03 Jul 2008 11:00:20 GMT

Business Wire - Philadelphia Gear Corporation (PGC) today announced the purchase of the majority of General Electric Corporation's (GE) marine gear product lines.

3M Completes Acquisition of IMTEC Corp.

Wed, 02 Jul 2008 20:41:24 GMT

Business Wire - 3M announced today that it has completed its acquisition of IMTEC Corp., a manufacturer of dental implants and cone beam computed tomography (CBCT) scanning equipment for dental and medical radiology headquartered in Ardmore, Okla.

Advanced Thermal Solution's Dr. Kaveh Azar to Keynote the 8th Annual International Business & Technology Summit for Thermal Management of Electronics

Wed, 02 Jul 2008 20:10:36 GMT

Business Wire - Dr. Kaveh Azar, president and CEO of Advanced Thermal Solutions Inc. (ATS) will be presenting...

SmartMark Communications Honored in 2008 International Business Awards

Wed, 02 Jul 2008 13:08:41 GMT

Business Wire - SmartMark Communications, LLC, one of the world’s leading providers of strategic communications and new media public relations, announced today that they are a finalist in The 2008 International Business AwardsSM in the category of Best Public Relations Firm.

Research and Markets: Report on the IT Sales Opportunities for American International Group, Inc. (AIG) out Now

Wed, 02 Jul 2008 12:16:24 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/1c9651/american_internati) has announced the addition of the "American International Group, Inc. (AIG) - IT Sales Opportunities - 2008" report to their offering.

Integration Point Annual User Conference Provided Information Exchange & Networking for Global Trade Community

Wed, 02 Jul 2008 11:32:04 GMT

Business Wire - Integration Point®, a leading provider of real time global trade management solutions, recently held Integration08 -- a two-day conference attended by Integration Point clients, partners and others in the global trade community.

3M Rochford Thompson is a Euro 2008 Winner for Swiss Border Police

Wed, 02 Jul 2008 10:04:28 GMT

Business Wire - Football fans without valid visas to Euro 2008 in Switzerland are having a football-less summer following the trial of a new 3M Security Systems Division hand-held 3M™RT Mobiles with the Swiss Border Guard (Grenzwachtkorps).

3M Acquires K&H Surface Technologies Pty. Ltd.

Wed, 02 Jul 2008 02:00:21 GMT

Business Wire - 3M announced today that it has acquired K&H Surface Technologies Pty. Ltd., an Australian-based manufacturing company specializing in a range of repair products for the professional and do-it-yourself automotive refinish markets.

3M Completes Acquisition of Quest Technologies Inc.

Tue, 01 Jul 2008 17:36:07 GMT

Business Wire - 3M announced today that it has completed its acquisition of Quest Technologies Inc., a manufacturer of environmental monitoring equipment, including noise, heat stress and vibration monitors.

CORRECTING and REPLACING the Rubicon Project Partners With AdJug to Deliver Efficiency to the International Online Advertising Market

Tue, 01 Jul 2008 17:13:54 GMT

Business Wire - In the boilerplate, second paragraph, second sentence should read: Within the first 6 months of launch, the company optimized more than 25 billion ads for more than 1,000 websites and 150 of the top ad networks while reaching more than 150 million unique Internet users. (sted, Within the first 6 months of launch, the company optimized more than 21 billion ads for more than 1,000 websites and 150 of the top ad networks while reaching more than 150 million unique Internet users.)

Global Leader in Mobile Content 'Sets Site' on US Market

Tue, 01 Jul 2008 16:23:48 GMT

Business Wire - Zedge.net, the primary destination for free user generated mobile content, revealed today its goal of extending its global market leadership to the United States.

BLO Named 2008 Global Salon Business Award(R) Winner

Tue, 01 Jul 2008 14:04:25 GMT

Business Wire - BLO, a local favorite for hot hairstyles, has received the salon industry’s highest business honor at the recent 2008 Global Salon Business Awards® (GSBA).

3M Launches Tough Mining Tape for Extreme Mining Applications

Tue, 01 Jul 2008 13:42:49 GMT

Business Wire - 3M, inventor of industry standard Scotch Vinyl Electrical Tape, is introducing Scotch Heavy Duty Mining Tape 31, a tough, abrasion-resistant tape.

AdJug Partners with IP Intelligence Global Leader Digital Element to Deliver Pinpoint Geographic Advertising

Tue, 01 Jul 2008 12:56:42 GMT

Business Wire - Digital Element, the global leader in IP intelligence, today announced a technology partnership deal with AdJug Ltd, the online advertising marketplace where advertisers and publishers can buy and sell ads directly.

Banking woes, oil fears hit global markets

Tue, 01 Jul 2008 12:29:00 GMT

Reuters - By Jeremy Gaunt, European Investment Correspondent

the Rubicon Project Partners With AdJug to Deliver Efficiency to the International Online Advertising Market

Tue, 01 Jul 2008 12:25:27 GMT

Business Wire - the Rubicon Project (www.rubiconproject.com,) an advertising technology company focused on Ad Network Optimization and AdJug Ltd (www.adjug.com), the online advertising marketplace where advertisers and publishers can buy and sell ads directly, announces an international partnership to help publishers and advertisers achieve optimal monetization on ad inventory across multiple geographies.

Welch Allyn Lighting Products Hires International Sales Manager, Service Manager

Tue, 01 Jul 2008 12:03:58 GMT

Business Wire - Welch Allyn Lighting Products, a premier manufacturer of high-performance lighting and technology, has named Stephen Chole its International Sales Manager for surgical lighting and Lori Babiarz its Service Manager.

Schweitzer-Mauduit International, Inc. Announces Exit of the Brazilian Coated Papers Business

Tue, 01 Jul 2008 12:00:32 GMT

PRNewswire - Schweitzer-Mauduit International, Inc. (NYSE: SWM) today announced changes to its Brazilian operations including the exit of the coated papers business and a resulting decrease of approximately 100 employees, or 16 percent of the current workforce, both effective immediately. This announcement will result in restructuring expenses totaling approximately $3.3 million comprised of $1.8 million in fixed asset impairment charges and $1.5 million for cash employee severance and other payments.

Specific Media Appoints Jon Schulz as Senior Vice President, Global Category Development

Tue, 01 Jul 2008 12:00:17 GMT

Business Wire - Specific Media, the largest independent online advertising network, announced today that it has appointed Jon Schulz as senior vice president, global category development.

Factories hit worldwide as commodity prices soar

Tue, 01 Jul 2008 10:59:00 GMT

Reuters - LONDON/TOKYO (Reuters) - Soaring commodity costs are denting manufacturing activity in Asia and Europe and the outlook looks bleak as new orders drop off in the face of rising prices, surveys showed on Tuesday.

Banking woes, oil fears hit markets

Tue, 01 Jul 2008 10:53:00 GMT

Reuters - LONDON (Reuters) - The second half of 2008 got off to a brutal start for equity investors on Tuesday as worries about the banking sector battered European stocks while inflation fears increased with oil over $142 a barrel.

Asia factories push costs on to world's consumers

Tue, 01 Jul 2008 09:58:00 GMT

Reuters - TOKYO/BEIJING (Reuters) - Soaring commodity costs are seeping through Asian factories to the world's consumers, slicing into Japanese manufacturers' profit and stoking inflation in China and India, surveys showed on Tuesday.

Equities lose as H2 begins, oil above $141

Tue, 01 Jul 2008 09:50:00 GMT

Reuters - LONDON (Reuters) - Tension between the United States and Iran kept oil at near record levels above $141 a barrel on Tuesday while equity markets kicked off the second half of the year with more losses.

Asia stocks slip, oil rises, stagflation lingers

Tue, 01 Jul 2008 07:31:00 GMT

Reuters - HONG KONG (Reuters) - Most Asian stock markets were down on Tuesday as oil and food prices showed no signs of defusing stagflation fears, particularly with soybean prices at a record and oil above $141 a barrel.

SAS Global Oil and Gas Business Unit Helps Companies Integrate Planning, Improve Asset Use

Tue, 01 Jul 2008 05:00:29 GMT

Business Wire - SAS, the leading provider of business intelligence and analytic software and services, has created a Global Oil and Gas Business Unit dedicated to the advanced technology needs of the worldwide energy industry.

GenCorp Reports 2008 Second Quarter Results

Mon, 30 Jun 2008 20:24:16 GMT

PRNewswire - GenCorp Inc. (NYSE: GY) today reported results for the second quarter ended May 31, 2008.

Novelle International Announces Spokesman Agreement With Dr. Ward Bond

Mon, 30 Jun 2008 18:58:24 GMT

Business Wire - Annie Eng, founder of Novelle International, Inc., has announced that the company has entered into an agreement with noted nutrition educator and national television host Ward W.

GMAC Financial Services Unifies Marketing Effort With Selection of Global Agency of Record

Mon, 30 Jun 2008 18:37:53 GMT

CNW Group - GMAC Financial Services announced that it has selected a marketing team led by BBH New York as its new global marketing agency of record.

Club Med Partners with NTA Trade, the Corporate Barter Division of International Monetary Systems

Mon, 30 Jun 2008 18:25:27 GMT

Business Wire - International Monetary Systems (OTCBB:INLM), a worldwide leader in business to business barter services, today announced that vacation resort giant, Club Med, approved a corporate barter agreement for high impact media through IMS’ corporate barter division, NTA Trade.

Point North Consulting Offers Business Solutions in Challenging Global Economy

Mon, 30 Jun 2008 18:19:13 GMT

Business Wire - Today’s shrinking economy presents daunting challenges for business owners and executive teams.

Expedia buys Synergi Global, rebrands corporate travel business as Egencia

Mon, 30 Jun 2008 14:42:00 GMT

The Canadian Press - TORONTO - Online travel portal Expedia Inc. (NASDAQ:EXPE) has agreed to buy Mississauga, Ont.-based corporate travel management Synergi Global Travel Management for an undisclosed amount and will rebrand its Expedia Corporate Travel division as Egencia.

Veryant Names Executives to Oversee Global Business Development and Technical Operations

Mon, 30 Jun 2008 14:33:49 GMT

Business Wire - Veryant, the COBOL and Java technology innovator, today announced the appointments of Alfredo Iglesias as vice president of business development and Dovid Lubin as vice president of technical operations.

Talkster Powers Free International and Long Distance Calls for GTalk2VoIP

Mon, 30 Jun 2008 13:09:35 GMT

Business Wire - Talkster (www.Talkster.com), the company delivering online communities instant mobile voice and text communications, today officially launched its integration with GTalk2VoIP, offering callers worldwide free international, long distance and group conference calls.

SiRF Requests International Trade Commission Review of Initial Determination in the SiRF Litigation Against Broadcom

Mon, 30 Jun 2008 13:00:43 GMT

PRNewswire - SiRF Technology Holdings, Inc. (Nasdaq: SIRF), a leading provider of GPS-powered location platforms, today announced that SiRF has petitioned the International Trade Commission (ITC) to review aspects of an Administrative Law Judge's Initial Determination in SiRF's ITC litigation against Broadcom alleging that Broadcom has infringed SiRF's intellectual property.

Spectrum Brands Provides Update on Sale of its Global Pet Supply Business

Mon, 30 Jun 2008 12:45:45 GMT

Business Wire - Spectrum Brands, Inc. (NYSE: SPC)(the “Company”) announced today that it has not been successful in its attempt to secure the consent of its senior lenders necessary to complete the previously announced sale of its global pet supply business.

Global Study Reveals Customer Empowerment as Chief Driver of Online Business Through 2013

Mon, 30 Jun 2008 12:36:58 GMT

Business Wire - Habeas, Inc., the world leader in email reputation management (ERM) services, today jointly released key findings of the Economist Intelligence Unit (EIU) Digital Company 2013 study with survey co-sponsors AT&T, Nokia, PricewaterhouseCoopers, SAP, Concep Global and WebEx.

International Marketing Executive Joins EMM Group

Mon, 30 Jun 2008 12:03:02 GMT

PRNewswire - EMM Group, the leading global authority in demand management, today announced the appointment of Peter Jueptner to managing director of Europe.

Shiner International Signs $5.5 Million Packaging Film Supply Contracts with Large Chinese Food Conglomerate

Mon, 30 Jun 2008 12:02:36 GMT

PRNewswire - Shiner International, Inc. (Nasdaq: BEST; website: http://w ww.shinerinc.com ), an emerging global leader in the anti-counterfeiting and advanced packaging film industry, today announced that it has entered into contracts with Hsu Fu Chi International, one of the largest food conglomerates in Asia to supply 1,200 tons of coated films with an approximate value of $5.5 million.

Cooling global economy makes Chinese exporters hedge their bets

Sun, 29 Jun 2008 07:46:00 GMT

AFP - SHANGHAI (AFP) - Feeling the chill from the US subprime crisis, Chinese exporters such as Zhejiang New Oriental Fastener Company no longer take it for granted that their customers will pay them.

3M Library Systems Upgrades 'Basic' RFID Tag to 1K of Memory

Sat, 28 Jun 2008 16:01:05 GMT

Business Wire - 3M Library Systems today introduced an upgraded “basic” RFID (radio frequency identification) tag with 1K of memory, a four-fold increase over the former basic tag, here at the American Library Association annual conference, held at the Anaheim Convention Center (booth 2240).

3M Library Systems Unveils High-Speed Print Conversion System for Combined RFID and Bar Code Tag Printing With Custom Logos

Sat, 28 Jun 2008 16:00:43 GMT

Business Wire - 3M Library Systems today introduced its 3M Print Conversion System for high-speed conversion to RFID (radio frequency identification) collection management systems and subsequent tag printing, here at the American Library Association’s annual conference, held at the Anaheim Convention Center (booth 2240).

3M Library Systems Offers Comprise Smart Money Manager

Sat, 28 Jun 2008 16:00:20 GMT

Business Wire - In an expansion of its strategic alliance with Comprise Technologies, Inc., 3M Library Systems now offers its customers Comprise’s Smart Money Manager software, it was announced here today at the American Library Association’s annual conference, held at the Anaheim Convention Center (booth 2240).

Sonoma State University Professors Honored for International Book Award

Fri, 27 Jun 2008 23:18:23 GMT

Business Wire - Thursday, June 26 at Sonoma State University founders’ luncheon for the institution’s Wine Business Program, Professors Janeen Olsen and Liz Thach were honored by peers and event host and University President Ruben Armiñana for winning the Gourmand Award for the international category “Best Wine Book for Professionals, 2007.”

Fitch Withdraws E*Trade Global Asset Management's 'CAM4' SF CAM Rating

Fri, 27 Jun 2008 21:18:24 GMT

Business Wire - Fitch Ratings has withdrawn and removed from Rating Watch Negative E*Trade Global Asset Management, Inc.'s (ETGAM) 'CAM4' Structured Finance CDO Asset Manager rating.

Colfax Wins $1.3M Contract from VT Shipbuilding to Build Complete Shipyard Pump Packages for Navy Patrol Vessels

Fri, 27 Jun 2008 18:02:22 GMT

PRNewswire - Colfax Corporation (NYSE: CFX), a global leader in fluid-handling solutions, announced today that VT Shipbuilding has awarded the company a $1.3M contract, which names the company as its preferred marine pump provider.

Allianz Global Investors Announces Expansion to Distribution Management Team for U.S. Retail Business

Fri, 27 Jun 2008 14:03:05 GMT

Business Wire - Allianz Global Investors, the asset management arm of Allianz SE (NYSE: AZ), announced today the addition of Brian Gaffney, formerly of Lehman Asset Management/Neuberger Berman, to the management team of its U.S. Retail business.

Acument Global Technologies Establishes Acument(R) Aerospace Business Unit

Fri, 27 Jun 2008 12:03:42 GMT

Business Wire - Acument Global Technologies, Inc. (Acument), a leading supplier of mechanical fastening technology, today announced it has established Acument® Aerospace as a separate business unit to focus and expand its capabilities in the high-performance aerospace threaded fastener market.

GenCorp to Webcast Second Quarter 2008 Earnings Results

Thu, 26 Jun 2008 23:25:32 GMT

PRNewswire - GenCorp Inc. (NYSE: GY) announced today that its analyst conference call to discuss second quarter earnings results will be webcast live on the Internet at 2:00 p.m. Pacific (5:00 p.m. Eastern) on Monday, June 30, 2008. The webcast will be accessible from the Company's web site, http://www .GenCorp.com.

3M Track and Trace Solutions Installs RFID Tracking System To Manage 150,000 Medical Records at Fort Hood

Thu, 26 Jun 2008 21:08:42 GMT

Business Wire - 3M has completed the development and installation of an RFID (radio frequency identification) Smart Shelf System to track and manage the more than 150,000 medical files of U.S.

Millennium Signs Manufacturing Contract with Farmland Dairies, Division of General Electric to Manufacture Ready-To-Drink and Tube Feeding Products

Thu, 26 Jun 2008 17:31:45 GMT

PRNewswire - Millennium Biotechnologies, Inc. a wholly owned subsidiary of Millennium Biotechnologies Group, Inc. (OTC Bulletin Board: MBTG) today announces that it has signed a three year Manufacturing Contract with Farmland Dairies based in Wallington, NJ (Farmland).