Archive for June, 2008

Coverzones launches an online marketplace for business insurance

Saturday, June 28th, 2008

This week a new company with a unique proposition for small to medium-sized businesses has appeared in the highly competitive business insurance sector. Coverzones has responded to significant demand from UK companies by launching a new online business insurance service allowing customers to compare quotes from the UK’s top commercial insurers. Unlike normal aggregator sites […]

Yanzhou Coal Mining Company

Friday, June 27th, 2008

ZOUCHENG, China, - Yanzhou Coal Mining Company Limited (NYSE: YZC) announces that, effective on June 27, 2008 (Eastern Standard Time), its ADS to H Share ratio will change from one (1) ADS representing fifty (50) H Shares to one (1) ADS representing ten (10) H Shares (”Ratio Change”). The Ratio Change will be effected with […]

MERJS central London Commercial Property Agents Announce Significant Letting in Landmark NW London Building

Friday, June 27th, 2008

London, UK – Acting on behalf of Amadeus (Colindale) Limited, MERJS are delighted to announce that they have successfully let the Part 3rd, 4th, 5th floor (East) & 9th Floor (West) at Merit House, Edgware Road, Colindale NW9 to Jewish Care whilst their existing headquarters is being re-developed. The office space totals approximately 22,508 square […]

Egypt cancels Bank auction

Wednesday, June 25th, 2008

Egypt has cancelled the auction of state owned Banque du Caire, saying bids did not meet the reserve price.
“The auction did not reach the price set by the evaluating commiteee,” Banque du Caire chairman Mohamed Barakat told a news conference.
“The intention to sell the bank is still there but no timing has been decided,” he […]

Colombia To Auction Oil Rights

Tuesday, June 24th, 2008

The Colombian government will auction rights to seek oil in more than 100 blocks on Oct. 24, the chief of the oil licensing agency, known as ANH, said in an interview.
The Colombian government will auction about 100 small areas, some of which had been handed over by companies back to the government, Zamora said. Interested […]

Stickam.com and Media Mayhem Corporation Sign Exclusive Online Advertising Agreement

Thursday, June 19th, 2008

LOS ANGELES, CA, - Media Mayhem Corporation (MMC) has signed an exclusive advertising representation deal with live social networking [streaming] giant Stickam.com. MMC will promote Stickam.com with the nation’s largest agencies and advertisers helping them effectively reach their target audiences.
Stickam.com currently has 3.8 million daily page views as well as 2.5 million live streams daily […]

Fairinvestment.co.uk predicts shortfall for 86 per cent of endowments

Thursday, June 19th, 2008

More than 10 million mortgage endowment policies are thought to have been sold in the UK during the ’80s and ’90s. Originally thought to be a good investment for homeowners, endowment policies offered a way to pay off the mortgage and potentially have surplus cash left over.
However, the reality has told a different story. […]

Dog-Fight over Cloning Rights Between BioArts International & RNL Bio

Thursday, June 19th, 2008

MILL VALLEY, Calif. - The CEOs of two American companies in the cloning field, BioArts International and Start Licensing, today independently announced their opposition to the unlicensed activity of a third company based in South Korea: RNL Bio.
RNL Bio recently announced the cloning of dogs intended for detecting cancer, offering to sell them for USD […]

United Rentals Commences Modified Dutch Auction Tender Offer

Wednesday, June 18th, 2008

United Rentals, Inc. has announced that it has commenced a “modified Dutch auction” tender offer in which the company is offering to purchase up to 27,160,000 shares of its common stock at a price not less than $22.00 nor greater than $25.00 per share. The company had previously announced on June 10, 2008 its intent […]

Ariba Among World’s Best Supply Chain Finance Solutions

Wednesday, June 18th, 2008

Company Named Best Supplier Support and Enrollment Provider by Global Finance Magazine
SUNNYVALE, Calif. - Ariba, Inc. (Nasdaq:ARBA), the leading spend management solutions provider, today announced that it has been recognized as one of the world’s best supply chain finance solutions. As part of Global Finance Magazine’s 2008 Best Supply Chain Providers awards, Ariba has been […]