CHARLOTTE, N.C. - Wednesday, July 23rd 2014 [ME NewsWire]

Results Include Litigation Expense of $4.0 Billion (Pretax) or Approximately $0.22 per Share (After Tax)

Company Reaches Settlement With AIG to Resolve Residential Mortgage-backed Securities Claims for $650 Million

Business Metrics Reflect Progress on Customer-focused Strategy

    Total Period-end Deposit Balances up $54 Billion, or 5 Percent, From Q2-13 to a Record $1.13 Trillion
    Funding of $13.7 Billion in Residential Home Loans and Home Equity Loans in Q2-14 Helped Nearly 43,000 Homeowners Purchase a Home or Refinance a Mortgage
    More Than 1.1 Million New Credit Cards Issued in Q2-14, With 65 Percent Going to Existing Customers
    Global Wealth and Investment Management Reports Record Revenue of $4.6 Billion and Record Total Client Balances of $2.47 Trillion
    Global Banking Average L ... Read more »

PARIS. - Tuesday, July 22nd 2014 [ME NewsWire]

(BUSINESS WIRE)  Schlumberger Limited (NYSE:SLB) today reported second-quarter 2014 revenue of $12.05 billion versus $11.24 billion in the first quarter of 2014, and $11.18 billion in the second quarter of 2013. Second-quarter revenue was up 7% sequentially and increased 8% year-on-year with International Area revenue of $8.09 billion growing $604 million, or 8% sequentially, while North America Area revenue of $3.89 billion increased $205 million, or 6% sequentially.

Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.80 billion—an increase of 13% sequentially and an increase of 17% year-on-year. Diluted earnings-per-share from continuing operations, excluding charges and credits, was $1.37 versus $1.21 in the previous quarter, and $1.15 in the second quarter of 2013.

Pretax operating income in the second quarter reached $2.62 billion, up 11% sequentia ... Read more »

Former CFO for Fujitsu America and Brocade joins Single Mask Adaptable ASIC provider

SANTA CLARA, Calif. - Monday, July 21st 2014 [ME NewsWire]

(BUSINESS WIRE)-- eASIC Corporation, a leading provider of Single Mask Adaptable ASIC™ devices, today announced the immediate appointment of Richard Deranleau as the company’s Chief Financial Officer and Senior Vice President of Finance. Mr. Deranleau was recently SVP, Finance and CFO for a $1.1 Billion North American operating company of Fujitsu, Ltd. and was previously CFO of Brocade Communications Systems, Inc. (NASDAQ: BRCD).

“Richard’s proven strategic and operational expertise in successfully building and growing public and private companies makes him a tremendous addition to our executive team,” said Ronnie Vasishta, president and CEO at eASIC Corporation. “His experience in high growth companies is extremely valuable as eASIC continues our aggressive growth plans.”

Ignacio Garcia-Alves will serve another term as Chairman of the Board and Chief Executive Officer

BRUSSELS - Monday, July 21st 2014 [ME NewsWire]

(BUSINESS WIRE)-- Arthur D. Little, the global management consultancy linking strategy, technology and innovation to transform business, announces that its Board of Directors has been re-elected by its General Assembly of Shareholders during the Annual General Meeting held in Belgium.

Following the election of the Board of Directors, Ignacio GarciaAlves was re-elected for another three year term as Chairman of the Board and Global Chief Executive Officer.

The Board of Directors comprises Vincent Bamberger, Managing Partner of France, Saverio Caldani, Managing Partner of Italy, Fabian Doemer, Managing Partner of Central Europe, Ignacio GarciaAlves, Chief Executive Officer and Chairman of the Board, Thomas Kuruvilla, Managing Partner of the Middle-East, Bo Lenerius, Managing Partner of Nordics, and Nick White, ... Read more »

ME NewsWire/Business Wire

HOUSTON - Saturday, July 19th 2014

Schlumberger Limited (NYSE:SLB) will hold a conference call on October 17, 2014 to discuss the results for the third quarter ending September 30, 2014.

The conference call is scheduled to begin at 7:00 am (US Central Time), 8:00 am (US Eastern Time), 2:00 pm (Paris time). A press release regarding the results for the third quarter will be issued on October 16, 2014 after the close of markets.

As previously indicated, absent conflicts with market holidays, Schlumberger will hold its conference calls to discuss earnings results on the third Friday of the month following the end of a fiscal quarter, beginning at 7:00 am (US Central Time), 8:00 am (US Eastern Time).

To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 332-0107 outside of North America approximately 10 minutes prior to the start of the c ... Read more »

Company nominated for three awards in total

LITTLETON, Colo. - Saturday, July 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- CPI Card Group, a global leader in financial, EMV and commercial card production, and related services, is pleased to announce that the company has been honored with three nominations at the Emerging Payments Awards taking place this October in London.

Categories in which CPI has been chosen as a finalist include: Leading Global Prepaid Organisation Best Prepaid Card or Packaging Design, UK Best Digital Gifting Programme

The Emerging Payments Awards build on the success of the Prepaid Awards that has been judging and acknowledging top quality payment people and programmes since 2006 in the UK, France, Canada, India and South Africa.

“Being selected as a finalist for the ‘Leading Global Prepaid Organisation’ is truly one of the greatest honors we could receive in our industry,” said Steve Montross, Pres ... Read more »

TOKYO - Saturday, July 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- Toshiba Corporation’s (TOKYO:6502) Semiconductor & Storage Products Company today announced that it will start the sales of SDHC memory cards with embedded wireless LAN communications for third-party solution providers.

The new product, THNSW008GAA-B(QB6) has the same hardware composition as “FlashAir™”, the SDHC memory card with embedded wireless LAN communications, currently available in the consumer market. Since the card itself has embedded wireless LAN and web server functions, its insertion into an SDHC memory card slot adds wireless functions to various devices.

With API (Application Programming Interface) information openly available in the “FlashAir Developers” website, business users can develop their own apps or set up their own configuration to adapt the card for various devices. [1] The card is compliant with the iSDIO standard, making it poss ... Read more »

LAKEWOOD, Colo. - Saturday, July 19th 2014 [ME NewsWire]

(BUSINESS WIRE) Terumo BCT, a global leader in blood component, therapeutic apheresis and cellular technologies, today announced the opening of its new 91,440-square-meter facility near Ho Chi Minh City, Vietnam. The $100 million manufacturing facility supports the expansion of Terumo BCT’s business globally. When manufacturing operations begin in early 2015, the new manufacturing facility will provide increased production capacity.

Key Facts:

    Terumo BCT is a global medical device manufacturer headquartered in Lakewood, Colorado
    Regional headquarters are in: Brussels, Buenos Aires, Hong Kong and Tokyo
    With a $100M investment, Terumo BCT has built a 91,440-square-meter facility located near Ho Chi Minh City on an area of 10 hectares
    Once fully staffed, the building is expected to accommodate more than 900 ... Read more »

Airline Also Takes “Best Airline in Southern Europe,” “Best Business Class Onboard Catering,” “Best Business Class Lounge Dining” Honors

ME NewsWire/Business Wire

ISTANBUL. - Thursday, July 17th 2014

Farnborough International Airshow 2014

Turkish Airlines, which flies to 257 destinations worldwide, in 107 countries, more than any other airline, was recognized at the 2014 Skytrax World Airline Awards, and announced today at the Farnborough Airshow as the "Best Airline in Europe" for the fourth year in a row. More than 18 million air travelers voted, making Turkish Airlines the only airline in the world to win this accolade in four consecutive years. The airline also won “Best Airline in Southern Europe,” "Best Business Class Catering,” and “Best Business Class Lounge Dining.”

 “This is a tremendous honor for our airline and one that we are extremely prou ... Read more »

Powerful hybrid DTH/HTS satellite to cover Asia from 95 degrees East Electric propulsion for orbit raising

BETZDORF, Luxembourg - Saturday, July 19th 2014 [ME NewsWire]

(BUSINESS WIRE)-- SES S.A. (NYSE Paris:SESG) (LuxX:SESG) and Airbus Defence and Space announced today that SES has selected Airbus Defence and Space to build a new hybrid communications satellite, SES-12, to serve the fast growing DTH, Data, Mobility and Government markets in Asia.

The new satellite will expand SES’s capabilities to provide direct-to-home (DTH) broadcasting, VSAT, Mobility and High Throughput Satellite (HTS) data connectivity services in the Asia-Pacific region, including rapidly growing markets such as India and Indonesia.

The spacecraft will be positioned at the well-established SES orbital slot of 95 degrees East, providing incremental as well as replacement capacity with excellent view angles across the Asia-Pacific region. SES-12 will replace SES’s exi ... Read more »