[By NBC-1TV H. J Yook]Glaston has closed a EUR 1.8 million deal with CSG Group for a double chamber furnace FC500™+ RC350™ 2460-380 equipped with the advanced Vortex Pro™ convection control system representing Glaston‘s latest technology and highest configuration. Two sets of jumbo size UC1000 automatic cutting lines are also included in the deal. The line will be installed in CSG’s Chengdu plant, the company being the leading glass processor in South-West China. This is the first FC500™ double chamber furnace sold in China. The machines will be reported in Glaston's Q1/2014 order book and wil
[By NBC-1TV H. J Yook]Bank of Montreal (TSX: BMO)(NYSE: BMO) and F&C Asset Management plc (LSE: FCAM) today announced that an agreement has been reached on the terms of a recommended cash acquisition by which the entire issued and to be issued ordinary share capital of F&C will be acquired by BMO Global Asset Management (Europe) Limited, a wholly-owned subsidiary of Bank of Montreal. Under the terms of the acquisition, F&C shareholders will be entitled to receive 120 pence in cash for each F&C share held. This represents a premium of approximately 28% to the closing price of F&C shares as at J
[By NBC-1TV H. J Yook]Tapjoy, Inc., a leading mobile ad-tech and monetization platform, was the “highest-rated mobile ad network” in an independent survey conducted by the technology news outlet VentureBeat. The newly released VentureBeat Mobile Ad Index was based on thousands of survey responses from VentureBeat readers and analyzes the performance, functionality, ease-of-use, installation process, customer support and other attributes of today's leading mobile networks and platforms. Tapjoy was the only company among those listed to receive a perfect score to the question, “On a scale of 1-1
[By NBC-1TV H. J Yook]The Ministry of Interior, represented by the Federal Civil Defense Sector Development Council, discussed with the National Fire Protection Association (NFPA), the means to enhance cooperation, mutual coordination and exchange of expertise between both parties pertaining to fire prevention and safety. Major General Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of Deputy Prime Minister and Minister of Interior, Chairman of the Federal Civil Defense Sector Development Council recently met at the Abu Dhabi Police General Headquarters, Donald Bliss, Vice Preside
[By NBC-1TV H. J Yook]Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Botlek Tank Terminal (BTT), a leading tank terminal storage company, transformed its core business from the storage of grains to the storage of oils with the help of Descartes' advanced European customs connectivity and compliance capabilities. “In the European oil storage business, the communication and exchange of documents with customs authorities is mission critical, much more so than with grain storage. With excise amounts in the mi
[By NBC-1TV H. J Yook]The Worldwide Innovative Network (WIN) Consortium in personalized cancer medicine is proud to announce that AstraZeneca, DKFZ and EORTC have joined the Consortium. WIN is a unique global network of leading academics, industries, payors and patient advocacy organizations working to make cancer precision medicine a reality for patients worldwide. “It was formed on the premise that WIN members can accomplish together what no single institution can do alone” said Vladimir Lazar founder and Chief Operating Officer. WIN’s goal is to significantly improve survival and quality of
[By NBC-1TV H. J Yook]Catalent Pharma Solutions announced today that Catalent, Inc. has publicly filed a registration statement with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Catalent, Inc. is the parent company of Catalent Pharma Solutions, Inc. The company intends to use the net proceeds from the offering to repay debt, with any remaining balance to be used for general corporate purposes. A registration stat
[By NBC-1TV H. J Yook]ACE Group announced today that it has appointed Anthony O’Brien as its Head of Marine Insurance in Asia Pacific. Anthony will be based in Hong Kong and will report to Paul McNamee, Deputy Regional President and Regional Head of Property & Casualty for Asia Pacific. Mr. O’Brien comes to ACE with 20 years of transport insurance experience in Australia and over the past eight years, has conducted reinsurance business in many Asian countries when he worked for two global reinsurance companies. His primary underwriting experience covers motor, transport liability and marine po
[By NBC-1TV H. J Yook]Comau is demonstrating the latest body assembly technology in automotive manufacturing production within the Ford Motor Company display during the 2014 North American International Auto Show (NAIAS) in Detroit, January 13-26, 2014. For more than 40 years, Comau and Ford Motor Company have worked together, leveraging innovation and technology to maximize manufacturing efficiency and apply global standards through the adoption of manufacturing engineering and production automation solutions. As a result, Ford has been able to reduce the energy needed to produce a vehicle, i
[By NBC-1TV H. J Yook]LG Electronics Inc. (LG) today announced consolidated revenues of KRW 58.14 trillion (USD 53.10 billion) and net profit of KRW 222.70 billion (USD 203.65 million) for full-year 2013, marking an improvement over 2012 results. Operating profits increased modestly in 2013 to KRW 1.28 trillion (USD 1.17 billion) from KRW 1.22 trillion (USD 1.08 billion) in full-year 2012. Fourth-quarter 2013 consolidated revenues were KRW 14.92 trillion (USD 14.03 billion) with an operating profit of KRW 238.1 billion (USD 223.89 million). Unaudited consolidated financial results for the four