Capgemini Video Q&A : CEO Paul Hermelin Comments on 2010 First-Half Results

July 30, 2010 By Leave a Comment

PARIS–(Business Wire)–
Capgemini, a global leader in Consulting, Technology, Outsourcing and Local
Professional Services, reports earnings for the first-half of 2010. CEO Paul
Hermelin comments on earnings and outlook.

Use these links to watch the video interview in the format of your choice:

Flash Player:

http://www.eurobusinessmedia.com/interviewFlash.php?id_article=557

Windows Media Player:

http://www.eurobusinessmedia.com/interviewWmp.php?id_article=557

Use this link to read the interview transcript:

http://www.eurobusinessmedia.com/transcript.php?id_article=557

Topics covered in the interview include:

Comments on H1 earnings
Update on Global Service Lines
Update on HR & hirings
Outlook for IT sector
Impact of UK spending cuts
Pipeline of OS deals
Acquisition strategy
Full year guidance update

About Capgemini

Capgemini, one of the world’s foremost providers of consulting, technology and
outsourcing services, enables its clients to transform and perform through
technologies. Capgemini provides its clients with insights and capabilities that
boost their freedom to achieve superior results through a unique way of working,
the Collaborative Business ExperienceTM. The Group relies on its global delivery
model called Rightshore, which aims to get the right balance of the best talent
from multiple locations, working as one team to create and deliver the optimum
solution for clients. Present in more than 30 countries, Capgemini reported 2009
global revenues of EUR 8.4 billion and employs 90,000 people worldwide.

Website: www.capgemini.com

Capgemini
Press:
Christel Lerouge, +33 1 47 54 50 76
or
Investors:
Manuel Chaves d`Oliveira, +33 1 47 54 50 87

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UPDATE 1-Segro sells $350 mln of assets to APP venture

June 23, 2010 By Leave a Comment

LONDON, June 22 (Reuters) – Industrial property landlord Segro (SGRO.L) has agreed to sell 237 million pounds ($352 million) of assets to its Airport Property Partnership (APP) with Aviva Investors (AV.L), enlarging its portfolio to 684 million pounds.

The assets being sold to APP include North Feltham Trading Estate, Poyle 14 at Heathrow and the Gatwick International Distribution Centre at Crawley.

The price of the assets being sold to APP represents a net initial yield of 5.1 percent. APP will fund the acquisition using committed debt facilities and about 70 million pounds of equity from each partner.

“Through these two transactions, Segro has significantly strengthened its Heathrow portfolio, one of our core locations… and generated net disposal proceeds for the group,” Segro Chief Executive Ian Coull said.

The sales on Tuesday coincide with the completion of Segro’s purchase of BAA’s 50 percent stake in APP for 111.3 million pounds in cash. The venture manages airport-related industrial assets in and around major UK airports.

(Reporting by Sinead Cruise, editing by Cecilia Valente)

(See www.reutersrealestate.com for the global service for real estate professionals from Reuters)

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UPDATE 1-M.Stanley new property fund half size of previous

June 12, 2010 By Leave a Comment

TOKYO/HONG KONG, June 11 (Reuters) – Morgan Stanley (MS.N)
has raised $4.7 billion for its new global property fund, MSREF
VII, 46 percent less than its previous such fund.

Fundraising for MSREF Vll came after the global financial
crisis and after media reports said Morgan Stanley had told
investors that its previous real estate fund, MSREF VI, could
lose as much as $5.4 billion.

“At $4.7 billion of capital commitments, MSREF VII Global
is the largest real estate fund to close since 2008,” the
spokesman said in a statement. “Morgan Stanley … is
well-positioned to take advantage of the significant investment
opportunities this part of the real estate cycle presents to
us.”

The MSREF VI fund had raised $8.8 billion in 2007. In April,
it won an agreement with lenders for a 60-day extension on about
$2.4 billion in loans used in a troubled hotel investment in
Japan. [ID:nTOE63P075]

In 2008, a banking source said Morgan Stanley hoped to raise
$10 billion for MSREF VII, but the global downturn made it tough
for companies to raise funds globally.

The PERE magazine said in a recent report that Morgan
Stanley had begun to invest its latest fund mainly in the United
States, Europe and Japan after allowing limited partners to
reduce their commitments.

The magazine quoted Morgan Stanley executives as saying that
it was actively sourcing new deals in the United States, with
the firm looking to access distressed equity through debt
structures.
(See www.reutersrealestate.com for Reuters’ global service for
real estate professionals)
(Editing by Will Waterman)

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Goodman and CBRE Realty launch $1.1 billion JV

June 12, 2010 By Leave a Comment

(Reuters) – Australia’s Goodman Group and CB Richard Ellis Realty Trust have teamed up to invest A$1.3 billion ($1.1 billion) in two vehicles targeting logistics property development across western Europe and the UK.

Deals

The two co-investment vehicles will invest in pre-committed opportunities sourced through Goodman over a three-year period and will be funded on an 80/20 basis, with CB Richard Ellis Realty Trust holding the majority share.

The UK vehicle will have the opportunity to buy all logistics properties developed by Goodman in the UK. The European vehicle will have a right of second refusal on all continental European properties declined by the Goodman European Logistics Fund.

The UK joint venture has already agreed to buy 22.4 million pounds ($32.6 million) of property from Goodman, while the European vehicle has agreed to buy three German development assets with a total value on completion of 45.1 million euros ($54.3 million).

“Goodman has made a number of significant announcements in recent weeks concerning transactions that are specifically targeted at providing the group with secure long-term capital sources to fund the group’s development program,” Goodman Group CEO, Greg Goodman, said.

“This announcement further highlights the momentum that has been building across our business and demonstrates the Group’s ability to capitalize on growth opportunities while maintaining our strong balance sheet position,” he said. (Reporting by Sinead Cruise; Editing by Andrew Macdonald) ($1=.6865 Pound) ($1=.8307 Euro) (See www.reutersrealestate.com for the global service for real estate professionals from Reuters)

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Cargotec Oyj: Cargotec signs EUR 20 million contract for MacGregor subsea load and module handling systems

June 3, 2010 By Leave a Comment

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 2 JUNE 2010 AT 1.30 PM (EEST)

Cargotec has signed EUR 20 million contract for MacGregor subsea load and module
handling systems to be installed on Hallin Marine Subsea International PLC’s
‘ground-breaking’ design of compact semi-submersible (CSS) offshore vessel. The
equipment will be delivered during the second half of 2011.

“We focus on delivering integrated solutions that will optimise the functions, and thus
the overall functionality, of a specific ship type,” says Henrik Vildenfeldt, Cargotec’s
senior vice president responsible for offshore load handling. “Contracts such as this
are testimony to our customers’ confidence in both the superior technology and
reliability of MacGregor equipment, and our ability to provide complete integrated
solutions that will ensure sustainable, function-intended operations”.

Hallin Marine says the 84m-long by 32m-wide twin-hulled compact semi-submersible (CSS)
will be named CSS Derwent, and is the culmination of a five-year project designed to
deliver ‘large boat capability’ at the price of a much smaller vessel, with a primary
focus on light well intervention. CSS Derwent was designed by STX Canada Marine Inc.

MacGregor systems comprise:

· a 150 tonne subsea active heave-compensated knuckle-jib crane with a 3,000m wire
capacity

· an offshore service crane

· several ROV launch and recovery systems including moonpool-based and deck-mounted
versions with umbilical winches

· a module-handling system with a tower, moonpool system and a fully integrated
deck-skid system.

With its global service organisation, Cargotec offers integrated service solutions to
marine and offshore operators. As part of the service agreement pertaining to this
contract, Cargotec will deliver equipment with remote diagnostic capabilities and
provide operator training courses.

Cargotec will design, manufacture and test contracted systems at its offshore load
handling competence centres in Norway and Singapore.

Further information for the press:

Øystein Bondevik, Sales Director, Offshore Load Handling, tel. +47 9572 3413

E-mail: oystein.bondevik@cargotec.com mailto:oystein.bondevik@cargotec.com

Henrik Vildenfeldt, Senior Vice President, Offshore Load Handling, tel. +45 4454 4747
E-mail: henrik.vildenfeldt@cargotec.com mailto:henrik.vildenfeldt@cargotec.com

Pauliina Koivunen, Director, External Communications, tel. +358 (0)3 265 8111

Further information the investors:

Paula Liimatta, Investor Relations Manager, tel. +358 (0)204 55 4630

Cargotec improves the efficiency of cargo flows on land and at sea – wherever cargo is
on the move. Cargotec’s daughter brands, Hiab, Kalmar and MacGregor are recognised
leaders in cargo and load handling solutions around the world. Cargotec’s global network
is positioned close to customers and offers extensive services that ensure the
continuous, reliable and sustainable performance of equipment. Cargotec’s sales totaled
EUR 2.6 billion in 2009 and it employs approximately 9,500 people. Cargotec’s class B
shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

http://www.cargotec.com/

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UPDATE 1-Unite student property fund Q1 NAV up 2.1 pct

April 10, 2010 By Leave a Comment

* Total portfolio valued at $1.55 billion

Financials

* Estimated net asset value p/unit up 2.1 pct to 0.778 pence

(Adds detail)

LONDON, April 9 (Reuters) – Britain’s largest student landlord Unite Group (UTG.L) posted a 2.1 percent rise in the first quarter estimated net asset value of its flagship UK property fund, as rental growth edges into positive territory.

The property portfolio of the UK Student Accommodation Fund was independently valued at 1.024 billion pounds ($1.55 billion), Unite said on Friday, reflecting a 2 percent increase on its Dec. 2009 value, driven in part by 0.8 percent of quarterly rental growth.

The average initial yield of the Fund’s portfolio stands at 6.75 percent.

The company said it expected further rental growth in the next two quarterly valuations as reservations for the forthcoming academic year progress. Some 57 percent of the fund’s accommodation has been reserved, broadly in line with the 59 percent level achieved last year.

(Reporting by Sinead Cruise, editing Laurence Fletcher) (See www.reutersrealestate.com for the global service for real estate professionals from Reuters)

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iGATE Corporation to Discuss First Quarter 2010 Financial Results on April 14, 2010

April 3, 2010 By Leave a Comment

FREMONT, Calif., April 2, 2010 (GLOBE NEWSWIRE) — iGATE Corporation,
(Nasdaq:IGTE), an integrated technology and operations (iTOPS) company, has
scheduled its Earnings Conference Call on Wednesday, April 14, 2010 to discuss
the results of its first quarter ended March 31, 2010. Senior management of the
company will discuss the financial performance of the company and answer
participants’ questions during the call.

Time: 09.00-10.00 am Eastern Time / 06.00-07.00 am Pacific Time

Toll Free: 877-709-8150 (No code required)

Toll: 201-689-8354 (No code required)

The call will be webcast live on iGATE’s website (www.igate.com) in the Investor
Relations page under the section Events. Participants are requested to log in 10
minutes prior to the start of the webcast. The recorded version of the webcast
will be available on our website shortly after the call.

A replay of the call will be available until April 21, 2010 following its
conclusion. Callers can access the replay by dialing 877-660-6853 (toll free) or
201-612-7415 (toll) and entering account number 293 and conference number
348538. A transcript of the call will also be posted on our website within a
couple of days following the call.

About iGATE

iGATE (Nasdaq:IGTE) is the first outsourcing solutions provider to offer a
business outcome based pricing model through a fully integrated technology and
operations (iTOPS) structure with global service delivery. iGATE works with
clients to optimize their businesses, secure substantial and sustainable
year-on-year cost benefits, tie costs to business needs and results. iGATE
provides consulting; IT services; data warehouse; business intelligence
solutions; enterprise solutions; BPO/business service provisioning; contact
center and infrastructure management services. The company has been assessed at
CMMI Level 5, follows Six Sigma methodologies and is COBIT, ISO 9001 and ISO
27001 certified, ensuring the highest levels of quality and data security. iGATE
has 34 offices in 16 countries and manages global delivery centers in Mexico,
Australia, Malaysia and India. It is also rated among the top IT employers in
India. For more information, please visit www.igate.com.

The iGATE Corporation logo is available at

http://www.globenewswire.com/newsroom/prs/?pkgid=5150

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding iGATE Corporation’s business
which are not historical facts are “forward-looking statements” that involve
risks and uncertainties. For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the forward-looking
statements, see “Risk Factors” in the Company’s Annual Report or Form 10-K for
the most recently ended fiscal year.

CONTACT: iGATE Corporation
Investor Contact:
Salil Ravindran
+1 (510) 896-3015
salil.ravindran@igate.com

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UPDATE 1-UK retailer Liberty mulls London property sale

March 2, 2010 By Leave a Comment

Says parties expressed interest to buy flagship store

Cyclical Consumer Goods

* UK commercial property values have risen for 6 months

(Adds details)

LONDON, March 1 (Reuters) – Iconic London retailer Liberty Plc (LIBE.L) is mulling a sale and leaseback of its flagship store in London’s prime West End theatre district, as UK commercial property prices continue to rebound.

“A number of parties have expressed interest in acquiring the freehold of the Tudor Building which may lead to an acceptable offer being made for the freehold,” Liberty, which is 68 percent owned by MWB Group (MWB.L), said on Monday.

The company said in a statement it has been examining and assessing a range of options and initiatives over the past six months, and will make a further announcement on the sale of the 125,000 square feet store, near Regent Street, if appropriate.

British commercial property values rose 1 percent in January, the sixth-consecutive monthly gain in capital values in a strong rebound following a 45 percent plunge in values between June 2007 and August 2009, Investment Property Databank data showed last month. [ID:nLDE61B212] (Reporting by Daryl Loo; Editing by Andrew Macdonald) (See www.reutersrealestate.com for the global service for real estate professionals from Reuters)

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Now, use twitter to see the International Space Station

June 27, 2009 By Leave a Comment

Washington, June 27 (ANI): Two journalists have built an online service that would let twitter users around the world to spot the International Space Station (ISS) without a telescope.

The online service, built by Dutch science reporter Govert Schilling and journalist Jaap Meijers, would let people know when they have to look up to see the ISS pass.

People using Twitter can now receive an alert when the ISS will be passing at the location in their Twitter profile.

All they have to do is follow the Twitter account @twisst: www.twitter.com/twisst

The service has been operating in a test phase for a while now.

The website accompanying the Twitter messages will be launched in the coming week, with lots of extra information such as a manual ‘Spotting the ISS’.

As a very bright spot, the International Space Station crosses the sky in about three minutes.

The space station is visible only for a few minutes on every pass and at different times, which makes it important to know when and where exactly it will be visible.

That information could already be found on several websites and specialized e-mail or phone services, but a global service that alerts ordinary people to the ISS passes at their location did not yet exist.

But, that is now possible through Twitter.

Twisst may even be the first service on Twitter that sends out such highly personalised information. Twisst sends an alert to every follower personally, wherever in the world that person may be. (ANI)

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Wipro Infotech forays into data centre, cloud computing space

May 27, 2009 By Leave a Comment

Wipro Infotech forays into data centre, cloud computing spaceBangalore: Wipro is all set to offer cloud computing services with Wipro Infotech announcing the launch of its Enterprise Data Centres on Tuesday.

The cloud computing services will offer IT infrastructure and specific business applications as a service. These services will cover the entire IT infrastructure, including compute, storage and backup, network and disaster recovery, in addition to applications that address specific business needs of customers. Wipro Infotech’s new initiative which complements the existing IT service offerings provides end-to-end data centre lifecycle management services to enterprise customers.

The first data centre at Mysore is completely sold out while the commissioning of the data centre in Greater Noida is currently underway and is likely to be launched soon. The third data centre at Pune

is being commissioned to accommodate more customers. Commenting on the launch, Anand Sankaran, senior vice-president and business head, India and Middle East, Wipro, said, “Wipro has been addressing the IT needs of customers for over two decades now. To complete our portfolio of offerings, we felt the need to offer best-in-class data centres, as well, which resulted in the launch of Wipro Enterprise Data Centre (WEDC). Enterprise customers today are seeking services beyond simple hosting and co-location, and this is a very strategic move by us and positions us uniquely to cater to the lifecycle needs of enterprises as a single face.”

These Tier III WEDCs provide a platform to offer complete Data Centre Lifecycle Management Service to customers.

IT infrastructure and applications that are deployed at WEDC will be managed from Wipro’s state-of-the-art Global Service Management Centre (GSMC) in Mysore. This service will enable enterprise customers maintain their strategic focus while improving their operational efficiencies.

Further, in keeping with its commitment to ecological sustainability, Wipro has deployed green technologies at each of these centres to help both customers and Wipro reap the benefits of energy efficiency and savings.

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