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 [...]

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 [...]

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 [...]

Gemini Communication Ltd acquires majority stake in Veeras Infotek

Tuesday, June 17th, 2008

Chennai – Gemini Communication Ltd. (GCL), one of India’s most innovative networking companies has acquired a majority stake in privately held Veeras Infotek, a Chennai based Rs. 50 Crore security and availability solution provider. The deal valued at around Rs.7 crores is funded through internal accruals of GCL.
Veeras Infotek is a strategic addition to GCL’s [...]

Aventine Raises $97.1 Million from the Sale of Auction Rate Securities

Saturday, June 14th, 2008

Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), a leading producer, marketer and end-to-end provider of clean renewable energy, today announced that it has sold all of the auction rate securities it previously held.
The Company sold $127.2 million par value of student loan-based auction rate securities to various parties for cash totaling approximately $97.1 million. In its [...]

Finance Malta launches investment directory

Sunday, June 8th, 2008

Almost 200 practitioners gathered at the Hilton Malta for the first Finance Malta annual conference which focused on ‘Connecting Malta’s finance industry with the rest of the world’.
The event also served to launch the Finance Malta Investment Guide and Business Directory, a comprehensive publication with in-depth cross-sectoral information of interest to those wishing to operate [...]

Live Transfer Leads Changing the Insurance Industry

Wednesday, June 4th, 2008

North Hollywood, CA – By providing live transfer leads to agents in all 50 states, QuotesAuction.com is changing the way that the insurance industry operates. With live transfer insurance leads, agents are connected to consumers the minute that they submit their information online. This timely and accurate transfer is beneficial to both parties.
QuotesAuction.com is an [...]




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