Africa News Line Monday, 05.20.2024, 11:44 AM
Welcome Guest | RSS
Site menu

Main » Entries archive
HOUSTON - Wednesday, November 21st 2012 [ME NewsWire]

(BUSINESS WIRE)-- Stallion Oilfield Holdings, Inc. (the "Company”) announces today that it is seeking commitments for a new senior secured term loan in an aggregate principal amount of up to $500,000,000 (the "Term Loan”) and an increase of commitments under its existing asset-based loan facility ("ABL”) from $50 million to $75 million. The proceeds from the Term Loan are intended to be used to redeem the remaining $134 million of the Company’s senior secured notes due 2015, fund a portion of an approximately $385 million dividend to the Company’s stockholders, and fund transaction costs and for other corporate purposes.

Credit Suisse will act as sole bookrunner and sole lead arranger for the Term Loan and Bank of America, N.A. will continue to act as administrative agent under the ABL.

The Term Loan will be guaranteed by all of the Company’s domestic subsidiaries and be secured by certain assets of the Company ... Read more »
Views: 290 | Added by: africanewsline | Date: 11.21.2012

AMSTERDAM - Wednesday, November 21st 2012

Just the ticket for speedier banking and bus travel

(BUSINESS WIRE/ ME Newswire)-- Regulatory News:

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is providing Standard Bank, one of the leading financial institutions in South Africa, with a multifunction EMV contactless payment card enabling users to pay for transit fares and other goods and services with one digital wallet. Standard Bank customers can now use the new MasterCard® debit card to wave and pay directly at the gates in the public transport stations, without needing to carry cash or a separate travel card. The “Muvo” card initiative will help cardholders gain greater convenience while at the same time provide competitive advantages to Standard Bank and reduce the burden of managing cash on public transportation in the city of Durban.

The partnership has already resulted in the provision of more than 100,0 ... Read more »
Views: 343 | Added by: africa-live | Date: 11.21.2012 | Comments (0)

SAN JOSE, Calif. - Tuesday, November 20th 2012 [ME NewsWire]

Provides End-to-End Reference Kit for AMI Networks, from Smart Meter to Web Server Software

(BUSINESS WIRE)-- EnVerv announced today availability of its complete Power-Line Communication (PLC) Advanced Metering Infrastructure (AMI) ecosystem reference kit comprising all aspects of a PLC AMI network. The components of this ecosystem are available in actual form as well as hardware and software reference designs which partners can use to build their own networks.

“We have achieved our goals of not only providing our customers and partners with a complete set of PLC System-on-Chip (SoC) solutions and reference designs that cover the entire AMI network, but also offering complete end-solutions with which they can perform field tests and collect data in an efficient manner,” said Reza Mirkhani, President of EnVerv. He added, “Although we are a chip company, we always strive to deliver to our ... Read more »
Views: 345 | Added by: africa-live | Date: 11.21.2012 | Comments (0)

JOHANNESBURG - Tuesday, November 20th 2012 [ME NewsWire]

South African Company’s Solar and Wind Initiatives Projected to Provide Nearly 50 Megawatts of Renewable Energy

(BUSINESS WIRE)-- BioTherm Energy, one of South Africa’s leading renewable energy developers and independent power producers, announced today that it has closed on the financing of one wind and two solar PV renewable energy projects located throughout the country. Led by chief executive officer Jasandra Nyker, BioTherm is the only South African company to be awarded three projects from the first round of South Africa’s renewable energy tender.

Construction of the projects, which are anticipated to produce a total combined output of 47 megawatts, will begin immediately. The Dassiesklip Wind Energy Facility will be located in Caledon, Western Cape and have an installed capacity of 27 megawatts. The Aries Solar Energy Facility, located in Kenhardt, North Cape, is expected to produce 10 megawatts. BioTh ... Read more »
Views: 320 | Added by: africanewsline | Date: 11.20.2012

PORT-AU-PRINCE, Haiti - Tuesday, November 20th 2012 [ME NewsWire]

( ... Read more »

Views: 741 | Added by: africanewsline | Date: 11.20.2012 | Comments (0)

Gemalto’s LTE Advanced solution recognized among the most innovative by a vendor in 2012

AUSTIN, Texas - Tuesday, November 20th 2012

Regulatory News :

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has won the innovation Award at LTE North America 2012.The award recognizes Gemalto’s LinqUs Advanced OTAplatform for its innovative approach and positive impact in the LTE market, enabling networks a smooth transition to LTE during an evolutionary period of mixed network technologies.

Gemalto is a leading global technology supplier behind many high-profile commercial LTE deployments, notably with Verizon and MetroPCS, the first two operators in North America to migrate to LTE. In addition, Sprint and U.S. Cellular launched this summer to millions of customers allowing users to access rich content, and create significant revenue streams for operators. With billions of connected devices forecast to be deployed in ... Read more »
Views: 332 | Added by: africa-live | Date: 11.20.2012 | Comments (0)

PHNOM PENH, Cambodia - Tuesday, November 20th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Regus, the world’s largest provider of flexible workplacesoffering a helping hand to local and international businesses in Cambodia, with the launch of its first business centre there. The flexible workspace at the centre enables companies of all sizes to expand their presence in Southeast Asia, work more professionally, or reduce their property overheads.

The opening of the Phnom Penh centre brings Regus’ network to 99 countries. Cambodia presents significant opportunities for business, with GDP growth projected at 6-7% in 2012 and 2013. It was recently named as one of the top 20 "hottest economies in the world”, based on World Bank growth estimates

The Group continues to expand in Asia given the region’s rapid economic growth and strong prospects, with Regus seeing more global businesses investing there as well as strong local demand. The opening in Cambodia follows recent new cent ... Read more »
Views: 318 | Added by: africanewsline | Date: 11.20.2012

New Android App improves battery life by up to 30% with automatic management of WiFi and Bluetooth based on location.

LONDON - Monday, November 19th 2012

(BUSINESS WIRE/ ME Newswire)-- AutoLifeSaver automatically manages the battery-consuming WiFi and Bluetooth radios based on location, providing up to 30% longer battery life on Android phones.

Battery is the #1 concern for Android users – mobile phones often don't survive the workday without recharging. A common problem is caused by WiFi and Bluetooth, which are draining battery even when not in use. Advanced users are saving battery life by manually switching off WiFi and Bluetooth when leaving home. However, this is a rather cumbersome and repetitive task - aren't mobile phones supposed to be "smart"?

With AutoLifeSaver, Android users never again have to manually switch off WiFi or Bluetooth just to save battery life - AutoLifeSaver will do that automatically and improves battery l ... Read more »
Views: 331 | Added by: africa-live | Date: 11.19.2012 | Comments (0)

Introduction of first two stent sizes marks initial step in launching full portfolio of Zilver PTX stents to U.S. physicians

BLOOMINGTON, Ind. - Sunday, November 18th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Cook Medical has received U.S. Food and Drug Administration (FDA) marketing approval for the first devices in its Zilver® PTX® Drug-Eluting Peripheral Stent portfolio, company officials reported today. It’s the first time the FDA has approved a drug-eluting stent to treat blockages in a peripheral artery.

"This approval marks the start of Cook’s program to bring the benefits of drug elution to U.S. physicians treating the peripheral arteries,” said Rob Lyles, vice president and global leader of Cook Medical’s Peripheral Intervention division. "No other company can match Cook’s commitment to this technology, and by the end of 2013, we expect to have a full suite of drug-eluting peripheral stents in the most commonly used lengths and diameters available to U. ... Read more »
Views: 329 | Added by: africanewsline | Date: 11.18.2012

NEW YORK - Friday, November 16th 2012 [ME NewsWire]

(BUSINESS WIRE)-- Executive Chairman William P. Lauder and President and Chief Executive Officer Fabrizio Freda of The Estée Lauder Companies Inc. (NYSE:EL) today announced an organizational evolution which reflects the outstanding global growth of the Company, and strengthens its historic brand focus to become even more locally relevant. This evolution also creates further exciting growth opportunities for the Company’s talent worldwide.

Mr. Freda stated, "Great organizations are dynamic, evolving as markets change and as skills of the organization grow. In 2009, we strengthened our Company by creating roles that enabled our leaders to best leverage their expertise. The results have been far-reaching. Today, we work even more collaboratively and decisively, and this evolution will drive our future success.”

Specifically, under the enhanced organizational design, the Company will expand its number of Group ... Read more »
Views: 320 | Added by: africanewsline | Date: 11.18.2012

« 1 2 ... 2371 2372 2373 2374 2375 ... 2383 2384 »
Search

Entries archive

Calendar
«  May 2024  »
SuMoTuWeThFrSa
   1234
567891011
12131415161718
19202122232425
262728293031