JAG Media Holdings, Inc. (OTC Bulletin Board: JAGH) has announced that it has completed the acquisition of CardioGenics Inc. by JAG Media’s Ontario, Canada subsidiary, CardioGenics ExchangeCo Inc. In connection with the acquisition, ExchangeCo acquired all of the outstanding shares of common stock of CardioGenics, excluding 173,869 CardioGenics common shares in the aggregate owned by [...]
First Financial Bank, N.A. Acquires Peoples Community Bank
First Financial Bancorp. (Nasdaq: FFBC) has announced that First Financial Bank, N.A., has purchased the banking operations of Peoples Community Bank, the subsidiary bank of Peoples Community Bancorp (Nasdaq: PCBI) through an agreement with the Federal Deposit Insurance Corporation (FDIC). The Office of Thrift Supervision declared Peoples Community Bank closed today and appointed the FDIC [...]
New Century Bancorp Q2 net loss at $253,000
New Century Bancorp (the “Company”) (Nasdaq: NCBC), the holding company for New Century Bank, reported a net loss for the quarter ended June 30, 2009, of ($253,000) compared to net income of $404,000 for the same period in 2008. Basic and diluted earnings (loss) per share were ($0.04) for second quarter 2009 compared to $0.06 [...]
Compania de Minas Buenaventura Q2 Net income at US$134.4 million
Compania de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest, publicly-traded precious metals mining company has announced its results for the second quarter 2009. All figures have been prepared according to Peruvian GAAP and are stated in U.S. dollars (US$). Net income in the second quarter was US$134.4 [...]
Nokia, MDA and SiTF Announce the Mobile Lifestyle Call
Nokia together with Media Development Authority (MDA) and Singapore infocomm Technology Federation (SiTF) will kick off a joint initiative – the Mobile Lifestyle Call for Proposal (CFP). This initiative is part of FutureMobile partner network’s objective to develop or distribute successful on-the-move content and applications. The Mobile Lifestyle CFP welcomes local developers and publishers to [...]
Media Development Authority of Singapore to Inspire Innovative On-the-move Content
Media Development Authority of Singapore (MDA) is collaborating with key players from the mobile industry to launch the FutureMobile initiative. Comprising industry players such as SingTel, Nokia, Microsoft, MOZAT, Zingmobile, Qualcomm and Huawei, the partner network will work together to develop or distribute on-the-move media services and applications for the global market. Together with MDA, [...]
Southwest Airlines Seeks to Acquire Frontier Airlines
Southwest Airlines (NYSE: LUV) has confirmed that the carrier is preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month. The carrier has submitted a nonbinding proposal in accordance with the bidding procedures established in the U.S. Bankruptcy Court for the Southern District of New York. [...]
Visa Inc. Q3 net income at $744 million
Visa Inc. (NYSE: V) today announced financial results for the Company’s fiscal third quarter 2009 ended June 30, 2009. On an adjusted basis (reflective of restructuring and purchase amortization), net income for the quarter was $744 million, or $0.98 per diluted class A common share. Excluding the impact from the sale of the Company’s equity [...]
American Principle Bank Q2 net loss at $309 thousand
American Principle Bank (OTC Bulletin Board: APBA) (the “Bank”) has announced second quarter and year to date financial results through June 30, 2009. Net income during the second quarter of 2009 was $56 thousand, or $0.01 diluted earnings per share. This compared favorably to a net loss of $309 thousand during the second quarter of [...]
Sun Life repositions for long-term growth in China
Sun Life Financial Inc. (TSX/NYSE: SLF) has announced that it has entered into an agreement with the China Everbright Group to reposition Sun Life Everbright Life Insurance Company Limited to capture a larger share of China’s growing financial services sector. The restructuring, which is subject to regulatory approval, is anticipated to take effect by the [...]