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Business News Archive - May 19, 2011

ZUG, Switzerland and TOKYO, May 19, 2011 /PRNewswire/ -- Landis+Gyr today announced that Toshiba Corporation (TOKYO: 6502) has entered into a definitive sale agreement with the shareholders of Landis+Gyr, under which Toshiba, one of the world's leaders in electronics and power systems, will acquire Landis+Gyr, the global leader in energy management solutions for utilities, for US$2.3 billion in cash, to build the world's Smart Grid leader.

LONDON, May 19, 2011 /PRNewswire/ -- The outlook for global gold demand remains robust throughout 2011 against a background of another strong quarter, the geographic and sectoral diversity of demand and strong fundamentals, the World Gold Council said today.

CHARLOTTE, N.C., May 19, 2011 /PRNewswire/ -- Goodrich Corporation (NYSE: GR) has been selected by Russian Helicopters, JSC to provide the main rotor actuator and hydraulic power supply for its upgraded Mi-34C1 light helicopter.

GEDERA, Israel, May 19, 2011 /PRNewswire-FirstCall/ -- TAT Technologies Ltd.

KARLSRUHE, Germany, May 19, 2011 /PRNewswire-FirstCall/ -- - German Owner Sets an Electric Vehicle Milestone Driving his Roadster Year-Round Hansjorg von Gemmingen, owner of the 83rd Tesla Roadster delivered in Europe, has racked up 100,000 zero-emissions kilometers - the greatest distance covered by any Tesla customer to date.

GEDERA, Israel, May 19, 2011 /PRNewswire-FirstCall/ -- TAT Technologies Ltd.

LONDON, May 19, 2011 /PRNewswire-FirstCall/ -- UK dairy food group Dairy Crest today announced full-year profits were up 5% while net debt had been reduced by GBP25m. Speaking to financial broadcaster www.cantos.com, CEO Mark Allen says he is pleased with the performance of all the key brands including Clover, Country Life and St Hubert Omega 3. "They're the brands that we invest in, in terms of innovation, marketing spend, TV advertising etc.

SINGAPORE, May 19, 2011 /PRNewswire-Asia/ -- NanoMaterials Technology Private Limited ("NMT") announced today that it has signed an agreement with Lagos Industria Quimica Ltda ("Lagos Brazil") for the use of its proprietary High Gravity Controlled Precipitation ("HGCP") Technology to manufacture, market and distribute nano-precipitated calcium carbonate ("NPCC") in South America and other parts of the world.

JOHANNESBURG, May 19, 2011 /PRNewswire-FirstCall/ -- Gold Fields Limited (NYSE & JSE: GFI) today announced net earnings for the March 2011 quarter of R1,100 million compared with a loss of R777 million in the December 2010 quarter and earnings of R316 million in the March 2010 quarter.

LONDON, May 19, 2011 /PRNewswire/ -- With just two weeks to go before the next long weekend, the UK's leading website for flight price search and comparison provides travellers with new ways to be inspired in the search for their next short break.

Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.