Archive for the 'International' Category

Manulife arranges $194.5 Million in financing for 90 MW wind farm in Southwest Ontario

Manulife Forms Financing Syndicate; Provides $88.5 Million To Support Project Developed By Boralex Inc.
Project Expected To Be Fully Operational Later This Year
Manulife Financial announced the completion of a $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt (“MW”) wind farms in south-western Ontario.
Manulife formed [...]

Independent study reveals banks have a new troubled asset: Their customers

Guardian Analytics and Ponemon Institute Study highlights 40 percent of small and medium businesses change banks after a fraud incident
Guardian Analytics, the innovator in predictive analytics-based fraud prevention software, together with independent research firm, Ponemon Institute, announced the results of the 2010 Business Banking Trust Study. Over 500 executives and business owners from small and [...]

Platts Survey: OPEC pumps 29.31 Million barrels of oil per day in February 2010

Crude Oil Production Rose 60,000 Barrels Per Day From January
The Organization of Petroleum Exporting Countries’ (OPEC) crude oil production rose to 29.31 million barrels per day (b/d) in February, an increase of 60,000 (b/d) from an estimated January level of 29.25 million b/d, according to a just-released Platts survey of OPEC and oil industry officials [...]

The Conference Board Leading Economic Index for the Euro Area increases again in January 2010

The Conference Board Leading Economic Index® (LEI) for the Euro Area increased 0.8 percent in January to 107.4 (2004 = 100), following a 0.9 percent increase in December and a 0.5 percent increase in November. Six of the eight components contributed positively to the index this month. However, its six-month growth rate has been slowing [...]

The Conference Board France Business Cycle Indicators for December 2009

The Conference Board Leading Economic Index(R) (LEI) For France And Related Composite Economic Indexes For December 2009
The Conference Board Leading Economic Index® (LEI) for France increased 0.6 percent and The Conference Board Coincident Economic Index® (CEI) remained unchanged in December.

The Conference Board LEI for France increased again in December as positive contributions from the [...]

LEGO Systems grew U.S. consumer sales +31 percent in 2009

Leading construction brand records fifth consecutive year of sales growth in the U.S.-
LEGO Systems, Inc. announced unprecedented growth in the U.S. market in 2009. Brand momentum achieved in a challenging 2009 economy is attributed to the brand’s heritage in delivering exceptional, long-lasting play value through a well-balanced product portfolio that drove growth in both the [...]

Retailers optimistic as January sales show continued improvement

February Figures Could Be Affected by East Coast Blizzard
Monthly retail sales figures released by the Department of Commerce showed broad gains in January over the previous month. Retail sales are up considerably over the past year, adding to the mounting evidence that the economy is growing and recovery is underway, noted the Retail Industry [...]

American Airlines and Japan Airlines apply to the U.S. Department of Transportation for Antitrust Immunity

Proposed Joint Business Agreement Would Enhance Competition and Improve Air Travel on Trans-Pacific Routes
American Airlines and Japan Airlines (JAL) filed an application with the U.S. Department of Transportation (DOT) for antitrust immunity to forge a closer relationship and implement a Joint Business Agreement (JBA) governing the operation of their flights between North America and Asia. [...]

Motorola targets first quarter 2011 to separate into two independent, publicly traded companies

Mobile Devices and Home Businesses Target Growth Opportunities from Convergence of Mobility, Media and the Internet Enterprise Mobility Solutions and Networks Businesses to Focus on Mission- and Business-Critical Solutions for Enterprise, Government and Wireless Operators Company to Host Conference Call Today at 5:00 p.m. ET
Motorola, Inc. announced the Company is targeting the first quarter of [...]

Continued high negative equity and home value declines put a damper on an encouraging 2009

Despite Some Areas Experiencing Flattening or Reversal of Home Value Declines Last Year, One in Five Markets Now Showing Signs of a Possible Double Dip in Home Values, According to Q4 2009 Zillow(R) Real Estate Market Reports Key facts:

Negative equity remains high at 21 percent of all single family homes with mortgages, but was [...]