Petters Group Worldwide Acquires Assets of Metropolitan Media Group
Petters Group Worldwide announced today the acquisition of all assets from Metropolitan Media Group which will cease operations.
Petters Group Worldwide announced today the acquisition of all assets from Metropolitan Media Group which will cease operations.
TietoEnator’s second-quarter net sales grew by 11% to EUR 480.1 (434.2) million. Organic growth was 11%. Operating profit excluding one-off items improved substantially and amounted to EUR 33.2 (14.8) million. One-off items were mainly attributable to the Performance Improvement Programme the company announced in October 2007.
The Performance Improvement Programme has progressed well. The actions taken by the end of June amount to annualized savings of EUR 71 million.
TietoEnator Corporation has received an announcement pursuant to the Securities Market Act regarding a change in its shareholding.
Diluted earnings of $1.98 per share, up 28 percent; up 32 percent without a prior-year gain from the sale of PSD; Total revenues of $26.8 billion, up 13 percent; Global Technology Services revenues up 15 percent; pre-tax income up 26 percent; Global Business Services revenues up 18 percent; pre-tax income up 31 percent; Total Services signings of $14.7 billion, up 12 percent; $12.2 billion at constant currency, up 4 percent; Short-term services signings up 18 percent; up 9 percent at constant currency; Software revenues up 17 percent; pre-tax income up 19 percent; Systems revenues up 10 percent; System z mainframe up 32 percent; E/ME/A revenues up 20 percent; Asia Pacific up 16 percent; U.S. up 5 percent; 18 percent of geographic revenues from growth markets, up 21 percent; up 14 percent at constant currency.
$3.3 billion transaction creates major, global specialty chemicals company
Unite members have won a ruling on collective bargaining at Kamns Mill, the hygiene paper manufacturing section of the Leicester Paper Company, employing 84 workers.