Category: Business

Business News from around the world.

The Coca-Cola System welcomes AdeS(R) as the newest member of its expanding ready-to-drink beverage portfolio

MEXICO CITY, MEXICO–(Marketwired – Mar 28, 2017) –  Coca-Cola FEMSA, S.A.B. de C.V. (BMV: KOFL) (NYSE: KOF) The Coca-Cola System has finalized the acquisition of AdeS® from Unilever AdeS® is a plant-based beverage currently sold in Mexico, Colombia, Brazil, Argentina, Chile, Uruguay, Paraguay, and Bolivia The acquisition is the latest progress in ongoing efforts to …

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SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Kitov Pharmaceuticals Holdings LTD To Contact The Firm

NEW YORK, March 28, 2017 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Kitov Pharmaceuticals Holdings LTD (“Kitov” or the “Company”) (NASDAQ: KTOV) of the April 10, 2017 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain …

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Unique Pizza (UPZS) Announces Corporate Updates

PITTSBURGH, PA–(Marketwired – Mar 28, 2017) – Unique Pizza and Subs Corporation (OTC: UPZS) proudly announces exciting company updates. Listed below are some of the amazing accomplishments UPZS has achieved over the past 24 months, for every accomplishment listed below there are many more great deals in the works, we invite you to follow Unique …

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Community Bank Reports Revision to Earnings for the 4th Quarter and Year Ended December 31, 2016

PASADENA, Calif.–(BUSINESS WIRE)–Community Bank (OTC Pink: CYHT) founded in 1945, is an independent Southern California regional community bank with assets of $3.6 billion, 17 business centers and its headquarters in Pasadena. Community Bank today announced revised earnings for the fourth quarter and year ended December 31, 2016. Subsequent to the publication of our press release on …

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BlackRock Announces Changes to Non-Fundamental Investment Policies, Fund Names and Portfolio Managers, and Appointment of a Sub-Adviser for Certain Equity Closed-End Funds

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC today announced that the Board of Trustees (the “Board”) of each of BlackRock International Growth & Income Trust (NYSE:BGY) and BlackRock Global Opportunities Equity Trust (NYSE:BOE) (together, the “Funds” and each, a “Fund”) approved changes to certain non-fundamental investment policies and names for the Funds, which are expected to go …

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A.M. Best Places Credit Ratings of Sagicor Financial Corporation Limited and Its Subsidiaries Under Review with Negative Implications

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has placed under review with negative implications the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of Sagicor Financial Corporation Limited (SFC) (Bermuda) and the Financial Strength Ratings (FSR) and Long-Term ICRs of its insurance subsidiaries (see detailed list of companies below). A.M. Best also has placed under review with negative …

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Dreamit Health Announces Spring 2017 Cohort Of Startups In Partnership With Penn Medicine And Independence Blue Cross

NEW YORK and PHILADELPHIA, March 28, 2017 /PRNewswire/ — Leading global startup accelerator Dreamit announced today the new cohort of companies accepted into its spring 2017 cycle. The eight accepted companies are leading the transformation of healthcare, using emerging technologies to transform outdated workflows, increase efficiencies, enhance patient experience, and address the proliferation of portable devices …

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Firan Technology Group (“FTG”) Announces the Completion of Its Transition of PhotoEtch’s Largest Customer to Existing FTG Sites

TORONTO, ONTARIO–(Marketwired – March 28, 2017) – Firan Technology Group Corporation (TSX:FTG) announced today that is has signed an amendment to a five year Long Term Agreement (LTA) from one of the leading global Original Equipment Manufacturers supporting the aerospace market. The amendment covers the transition of product from the PhotoEtch acquisition to existing FTG …

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Knoxville Utilities Board Selects DragonWave Harmony Enhanced MC for Smart Grid Modernization Project

OTTAWA, CANADA–(Marketwired – March 28, 2017) – DragonWave Inc. (TSX:DRWI)(NASDAQ:DRWI) a global supplier of packet microwave radio systems, today announced the selection of the Harmony Enhanced MC backhaul solution by Knoxville Utilities Board (KUB). KUB is an independent agency of the City of Knoxville that provides electricity, gas, water and water waste services to customers …

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Skyharbour Announces $2 Million Private Placement of Common and Flow-Through Shares

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 28, 2017) – Skyharbour Resources Ltd. (TSX VENTURE:SYH)(OTCQB:SYHBF)(FRANKFURT:SC1P) (the “Company”) announces that it has arranged a non-brokered private placement of 1,000,000 units of the Company (the “Units”) at a price of CAD $0.50 per Unit as well as 2,500,000 flow-through shares (the “FT Shares”) at a price of CAD $0.60 …

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WPT Industrial REIT Announces Retirement of Chief Financial Officer

TORONTO, ONTARIO–(Marketwired – March 28, 2017) – WPT Industrial Real Estate Investment Trust (the “REIT“) (TSX:WIR.U)(OTCQX:WPTIF) today announced that Dennis Heieie, Chief Financial Officer, intends to retire at the end of June 2017. Mr. Heieie has been the Chief Financial Officer of the REIT since its initial public offering in 2013, and has played a …

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NeuLion Powers 2017 Canadian Hockey League Playoffs

PLAINVIEW, NY–(Marketwired – March 28, 2017) – NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that it is powering live and on-demand streaming of the Canadian Hockey League playoffs for fans throughout the …

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Canacol Energy Ltd. Tests Mono Capuchino 1ST Exploration Well at 1,013 BOPD; Spuds the Canahuate 1 Gas and Pumara 1 Oil Exploration Wells

CALGARY, ALBERTA–(Marketwired – March 28, 2017) – Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE)(OTCQX:CNNEF)(BVC:CNEC) is pleased to provide an update on the Mono Capuchino 1ST exploration well and the Corporation’s drilling program. Mono Capuchino 1ST Exploration Well VMM2 Exploration & Exploitation (“E&P”) contract Middle Magdalena Valley Basin, Colombia CNE Oil and Gas S.A.S. Operator …

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BUDGET 2017-2018 – Press release no. 5 of 5 – The Québec Economic Plan – March 2017 – A Forward-Looking Economy for All Regions of Québec

QUÉBEC, March 28, 2017 /CNW Telbec/ – The March 2017 Québec Economic Plan will stimulate the economy in all spheres of activity and in all regions through, in particular, business innovation and investment. The new initiatives announced today will help to position Québec as one of the most innovative and enterprising economies, open to foreign …

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BUDGET 2017-2018 – Press release no. 4 of 5 – The Québec Economic Plan – March 2017 – A Long-Term Vision of Public Transit and Concrete Action to Develop Sustainable Mobility

QUÉBEC, March 28, 2017 /CNW Telbec/ – The March 2017 Québec Economic Plan confirms the government’s decision to invest in three major public transit projects. In addition, it provides for initiatives totalling nearly $1.5 billion to encourage sustainable mobility by developing public transit services in all regions of Québec. Lastly, provision is also being made for investments to …

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