Archive for July, 2008

Chattem Announces the Promotion of Robert B. Long to Vice President and Chief Financial Officer

Saturday, July 26th, 2008

CHATTANOOGA, Tenn – Chattem, Inc. (NASDAQ:CHTT) – a leading marketer and manufacturer of branded consumer products, announced today the promotion of Robert B. Long to the position of Vice President and Chief Financial Officer, effective as of July 23, 2008. Mr. Long had served as Chattem’s Vice President, Finance since July 2007 and as its [...]

IBM Unveils New Financial Management Tool

Saturday, July 26th, 2008

ARMONK, NY – IBM has announced a unique analytical financial transformation tool to help companies more effectively analyze and manage the performance of a company’s finance function. Developed by IBM Research in conjunction with IBM Global Business Services, the Finance Transformation Workbench tool (patent pending) uses advanced IBM patented software and service methodologies to help [...]

Black Hills Corp. Completes Sale of Seven Independent Power Plants

Saturday, July 12th, 2008

RAPID CITY, S.D., – Black Hills Corp. today announced it has completed the $840 million sale of seven independent power production gas-fired plants to affiliates of Hastings Funds Management and IIF BH Investment, a subsidiary of an investment entity advised by JPMorgan Asset Management.
The net proceeds from this IPP sale are expected to eliminate Black [...]

Business Plan Pro 11.0 receives highly recommended accreditation from Company Partners

Thursday, July 10th, 2008

London, U.K. – Palo Alto Software Ltd today announced that its flagship product Business Plan Pro 11.0 has received a ‘highly recommended’ rating from Wokingham-based Company Partners.
Company Partners provides an online service to put people who are looking for business partners in touch with each other, serving both those starting a business, and those growing [...]

Fortis sells International Asset Management Limited

Wednesday, July 9th, 2008

Fortis has sold International Asset Management Limited (IAM) to its management team, supported by certain third party investors.
IAM is a London-based fund-of-hedge-funds manager, originally established in 1989. As at 31 March 2008 it had USD 4.3 billion in assets under management. IAM is one of the former subsidiaries of ABN AMRO Asset Management acquired by [...]

OPENLANE Names New Company President and Chief Financial Officer

Sunday, July 6th, 2008

MENLO PARK, Calif – OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced the promotion of Clive Kinross to president of OPENLANE, as well as the promotion of Peter Kelly to chief financial officer of OPENLANE, effective immediately. Both executives have been instrumental [...]




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