Month: July 2011

Mergers & Acquisitions

Stena Line Buoyant With New Routes Clearance

July 1, 2011 0

Stena Line Buoyant With New Routes Clearance PR Newswire DUN LAOGHAIRE, Ireland, July 1, 2011 DUN LAOGHAIRE, Ireland , July 1, 2011 /PRNewswire/ — Stena Line has expressed its delight at the announcement that its acquisition of the DFDS routes from Belfast to Liverpool ( Birkenhead ) and Belfast to Heysham has been fully approved by the Competition Commission. The acquisition, which amounts to approximately £40M investment, will enable Stena Line to improve its service on the Irish Sea by offering several different alternatives for transportation between Northern Ireland and Great Britain and will improve service and frequency for passengers and freight. Irish Sea Area Director Michael McGrath said: “We are naturally delighted to have been given the green light by the UK Competition Commission and will now engage in a process of evaluation and integration in terms of the wider Stena Line business […]

Stock Analysts

Kinetic’s V.A.C. Reaches UK (KCI)

July 1, 2011 0

Recently, Kinetic Concept ’s ( KCI ) latest Negative Pressure Wound Therapy (NPWT) product V.A.C. Via secured reimbursement status in UK and will be listed in the UK Drug Tariff, effective August 1, 2011. The company believes this reimbursement decision of the UK health authorities will prove beneficial for the healthcare community as well as patients given its lower pricing and positive clinical results from V.A.C. […]

Mergers & Acquisitions

The Hanover Completes Acquisition of Chaucer Holdings PLC

July 1, 2011 0

The Hanover Completes Acquisition of Chaucer Holdings PLC Acquisition to provide greater scale, diversification and expanded market presence Positions companies to successfully grow their respective businesses PR Newswire WORCESTER, Mass., July 1, 2011 WORCESTER, Mass. , July 1, 2011 /PRNewswire/ — The Hanover Insurance Group, Inc. […]

Mergers & Acquisitions

Platts Completes Acquisition of Steel Business Briefing Group, Broadening Its News, Pricing and Analytical Offerings in Global Commodities Markets

July 1, 2011 0

Platts Completes Acquisition of Steel Business Briefing Group, Broadening Its News, Pricing and Analytical Offerings in Global Commodities Markets PR Newswire LONDON and NEW YORK, July 1, 2011 LONDON and NEW YORK , July 1, 2011 /PRNewswire-FirstCall/ — The McGraw-Hill Companies, Inc. (NYSE: MHP) today announced that Platts, a division of McGraw-Hill and a leading global provider of energy, petrochemicals and metals information, has completed its acquisition of Steel Business Briefing Group (the SBB Group), a privately held U.K. company and leading provider of news, pricing and analytics to the global steel market […]

Economic Data

Manufacturing Outlook Not That Bad – Ahead of Wall Street

July 1, 2011 0

Friday, July 1, 2011 The busy economic docket of this first day of July notwithstanding, Stocks may not do much today ahead of the July 4th weekend. But they have done plenty lately. In fact, the sharp gains in the last few days enabled the market to recoup earlier losses and effectively break-even for the quarter […]

Stock Analysts

TTEK JV Wins Contract (SAI) (SHAW) (TTEK) (URS)

July 1, 2011 0

A joint venture of Tetra Tech Inc. ( TTEK ) and Science Applications International Corporation ( SAI ), called Integrated Justice Systems International, LLC (IJSI) has received a contract to provide worldwide civilian police and criminal justice assistance to the U.S. Department of State's Bureau of International Narcotics and Law Enforcement Affairs (INL). […]

Stock Analysts

Universal Technical Cuts Workforce (COCO) (LINC) (UTI)

July 1, 2011 0

Universal Technical Institute Inc . ( UTI ), which provides professional automotive, diesel, collision repair, motorcycle and marine programs, recently announc ed a cut in its workforce. The regulation proposed by the Department of Education is weighing upon student enrollments of the company. […]