industry / Top Stories
Merrill Lynch appoints new head of Australian opsBank of America/Merrill Lynch has appointed former top Goldman Sachs JB Were executive Craig Drummond to head its Australian operations, a top official said on Tuesday.
IB Times Tuesday, September 22, 2009India's Bharti offers last-mile sweeteners for MTN -paperIndia's Bharti Airtel has offered to retain the top management at MTN for at least three years and given the option of an all-cash offer to minority MTN shareholders to sew up the planned tie-up between the two firms, the Economic Times reported on Tuesday.
IB Times Tuesday, September 22, 2009Samsung Elec cautious about semiconductor outlookSamsung Electronics, the world's biggest maker of memory chips, said on Tuesday it remains cautious about the sector's outlook even as the industry emerges from its two-year slump.
IB Times Tuesday, September 22, 2009Wilmar seen to raise $3.5 bln in China spinoff-reportPlantation and palm oil processor Wilmar International is expected to spin off its China food operation, raising up to HK$27.3 billion ($3.5 billion) in a flotation of shares in Hong Kong in October, the Hong Kong Economic Times reported on Tuesday.
IB Times Tuesday, September 22, 2009First Mariner Bancorp issued cease-and-desist orderFirst Mariner Bancorp, the parent company of First Mariner Bank, disclosed in a Securities and Exchange Commission filing late Monday that it had entered into an agreement with federal bank regulators requiring it to boost capital levels, improve earnings and reduce problem loans. (FMAR)
Biz Journal Tuesday, September 22, 2009Muscle Flex, Inc. (MFLI.PK) Reports on Emmy Awards Week Activities; Describes Them as Being ??Extremely Successful?Wrapping up its Emmy Awards activities on Sunday, Muscle Flex Inc. today provided investors with an overview of the many events the company was a part of. The two-day GBK Productions Emmy Awards Gifting Lounge was held on Friday and Saturday from 11 am – 6 pm. Muscle Flex met and showcased its Muscle Flex [...]
IB Times Tuesday, September 22, 2009Saudi Aramco Commits to More Gas ExplorationSaudi Aramco will continue exploring for
natural gas resources in the country as it seeks to meet rapidly rising demand in the Middle East's largest economy.
rigzone.com Tuesday, September 22, 2009Venezuela Aims to Build an $80/Barrel Floor on Oil PricesVenezuela aims to double its oil production to more than 6 million barrels a day by 2030. To reach these goals, PDVSA aims to "build a floor" on oil prices at $80 per barrel.
rigzone.com Tuesday, September 22, 2009MMR Information Systems Inc. (MMRF.OB) Enters Into Five-Year Marketing PartnershipMMR Information Systems, Inc. has been gaining a reputation for providing consumer-controlled Personal Health Records and electronic safe deposit box solutions. MMRF, which operates through its wholly-owned subsidiary MyMedicalRecords (MMR), took a major step towards enhancing its future with the announcement that it has entered a five year agreement to license an existing 80 [...]
IB Times Tuesday, September 22, 2009Consorteum Holdings Inc. (CSRH.OB) Forms New Partnership; Granted Access to Processing Industry??s $75 Billion Annual Payment TransactionsConsorteum Holdings, Inc. announced this morning that it has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates. Leveraging this partnership, Consorteum will offer competitive Merchant Discount Rates and Point of Sale hardware to its new and existing client base. Quent Rickerby, President & COO of Consorteum [...]
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