Taiwan stocks end at more than 2-mth high; TSMC up

July 24, 2010 By Leave a Comment

TAIPEI, July 23 (Reuters) – Taiwan stocks rose 1.24 percent
to a more than two-month closing high on Friday, as investors
chased major technology exporters including TSMC (2330.TW) and
Hon Hai (2317.TW) on strong earnings prospects for this year.

Nearly all sub-indexes rose in Taiwan after solid corporate
earnings sent Wall Street higher on Thursday, while the market
awaited the results of stress tests on European banks.

The main TAIEX share index rose 94.88 points to
7,761.22, the highest finish since May 14. The TAIEX gained 1.3
percent this week and has risen about 10 percent since the year’s
low hit in late May.

Top contract chipmaker Taiwan Semiconductor Manufacturing Co
Ltd (TSMC) rose 1.29 percent. Hon Hai Precision Industry Co
jumped 5.04 percent.
(US$1=T$32.1)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

UPDATE 1-Technip keeps targets after Q2 earnings drop

July 23, 2010 By Leave a Comment

PARIS, July 22 (Reuters) – French oilfield services company Technip (TECF.PA) posted an 8.7 percent drop in second-quarter net profit on Thursday after subsea sales fell almost one-fifth.

Chief Executive Thierry Pilenko said the group remained on track to meet its 2010 earnings targets, however, helped by a pickup in the North Sea, growth in Brazil and strong prospects in the Middle East and Asia. Net income fell to 106 million euros ($135.3 million) in the second quarter from 116 million in the year-earlier quarter, the company said in a statement. Sales fell 14 percent to 1.48 billion, of which 688 million came from subsea.

The company carries out infrastructure projects mostly for oil companies in the onshore, offshore and subsea sectors, and has 23,000 staff in 48 countries. It expects to have a fleet of 19 vessels by 2011.

The BP (BP.L) oil spill in the Gulf of Mexico has not had an impact on Technip so far, meanwhile, CEO Pilenko said, though he added that it was difficult to predict the repercussions.

U.S. authorities said last month that Technip agreed to pay $338 million to settle U.S. allegations involving a scheme to bribe Nigerian government officials for contracts to build liquefied natural gas facilities there. [ID:nN28265604]

In February, Technip set aside some $300 million for possible fines in the case.

Shares in the group have fallen slightly so far this year, giving the company a market value of around 5.3 billion euros. ($1=.7836 Euro) (Reporting by James Regan; Editing by Hans Peters)

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Americans Don`t Expect a Return to Pre-recession Spending Levels, Lifestyles Until Mid-2013, According to AlixPartners Survey

July 20, 2010 By Leave a Comment

Seven in 10 Feel the Same or Worse Economically Than a Year Ago
NEW YORK–(Business Wire)–
On average, Americans don`t expect their quality of life, including their
spending levels, to return to pre-recession levels until mid-2013, according to
the findings of a survey released today by AlixPartners LLP, the global
business-advisory firm. The poll also finds that seven in 10 Americans today
feel the same or worse about their personal economic situations than a year ago,
during the depths of the recession, and that 83% expect to spend the same or
less on non-essential purchases over the next 12 months, illustrating an ongoing
frugality that`s hampering prospects for a consumer-driven economic recovery.
The survey was conducted recently as a reprise of similar AlixPartners surveys
in 2009 — one in February and another in November.

According to the poll, Americans are also decidedly less optimistic about a
quick recovery in the economy at large than they were in 2009, another factor in
restrained spending. The majority of respondents, or 63%, now say that an
economic recovery won`t take place until 2012 or later, versus the 46% who felt
that way in November and 40% who picked that year or later in early 2009. The
proportion of Americans who now believe that a recovery will take place this
year or next: just 5% and 12%, respectively.

“When we polled Americans last November, they expected their personal spending
levels and lifestyles to be back to pre-recession levels by, on average,
November of 2012, but now they`re saying not till August of 2013,” said Fred
Crawford, CEO of AlixPartners. “Obviously, despite some modest movement forward
in the economy, individual Americans remain greatly concerned about their
personal economic situations. In the past, AlixPartners has talked about how
this could translate into a `new normal` environment for businesses of all types
that rely upon the American consumer: lower plateaus of consumer spending for
years to come, maybe for the foreseeable future. Today, it looks like this new
normal is already happening.”

Americans continue to say that their two top concerns are their own personal
debt levels and possible job loss. Some 20% of respondents in latest survey cite
the elimination of personal debt as their top concern, versus 13% who cite
potential job loss. The seven-percentage-point gap between the two top concerns
has widened since November, when 18% cited personal debt and 14% said job loss.

“The gap between the top two consumer concerns was just two percentage points in
February 2009, possibly illustrating some stabilization on the employment front
over the past 15 months,” said Crawford. “However, given the length of time that
most expect it will take before they see a personal economic recovery and the
urgency on the personal debt front, consumer spending likely will continue to
languish for some time.”

About the study

The AlixPartners survey was conducted May 24-26 among 1,000 U.S. adults. It was
a reprise of key questions asked in February 2009 and November 2009, in which
Americans said that, post-recession, they plan to save significantly more of
their total income and cut back on discretionary spending.

Americans were asked to provide feedback on current economic environment,
describe current spending patterns, and estimate how their saving/spending
habits will change post-recession.

The respondent group was representative of the U.S population across all key
demographics.

About AlixPartners

AlixPartners LLP is a global business-advisory firm offering comprehensive
services to improve corporate performance, execute corporate turnarounds, and
provide litigation consulting and forensic accounting services. The firm has
more than 900 professionals in 14 offices across North America, Europe and Asia.
The firm can be found on the Web at www.alixpartners.com.

AlixPartners LLP
Tim Yost, +1-248-204-8689
+1-248-227-1694 (m)
tyost@alixpartners.com

Copyright Business Wire 2010

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Canasia’s Flagship “Clone Gold Prospect” Commences Operations

July 14, 2010 By Leave a Comment

VANCOUVER, BRITISH COLUMBIA, Jul 13 (MARKET WIRE) —
Canasia Industries Corporation (TSX VENTURE: CAJ)(OTCBB:
CANSF)(FRANKFURT: 45C) (“Canasia” and the “Company”) wishes to announce
that it has commenced operations on its Clone Gold Prospect in Stewart,
BC. Payment for the first phase of the 2010 drill program has been
forwarded to the operator and drilling is anticipated to start shortly.
The Clone Gold prospect returned grades as high as 44.75 g/t Au over
12.80 metres (announced October 22, 2009). The Clone Gold Prospect is
Canasia’s flagship property.

Negar Adam, President of Canasia stated, “Management and the vast
majority of our shareholders have been waiting for this news. The Clone
Gold Prospect is our single most important prospect and based on the
significant results we achieved last year, the most important prospect in
terms of our future growth. The Clone Prospect has a limited drill season
based on its geographic location, therefore it can only be accessed
during the summer months. Otherwise the Company would have continued to
drill late in 2009 based on the significantly drill results achieved from
the 2009 drill season. These results were the primary reason the shares
rose from $0.07 to a high of $0.41 while trading more than 200 million
shares in the second half of 2009. Management is optimistic regarding
what the soon to commence 2010 drill program will provide.”

If you would like to be added to Canasia’s news distribution list, please
send your email address to info@canasiaind.com.

Canasia has a well diversified portfolio of prospects. Canasia’s current
prospects include the following: (a) The Clone Gold prospect in Stewart,
BC, that has returned grades as high as 44.75 g/t Au over 12.80 metres
(announced October 22, 2009); (b) The Debut Gold prospect in NE Nevada
under lease agreement to Kinross Gold; (c) 55,300 contiguous acres at
Reed Lake, Manitoba; (d) 450,000 contiguous acres of Potash claims,
bordering Alberta and Saskatchewan; (e) 130,500 acres prospective for
Coal in SE Saskatchewan; (f) 180,000 acres prospective for Lithium in
Alberta; (g) and mineral claims covering an area of approximately 9,200
hectares, located north and northwest of the El Oro — Tlalpujahua
Gold/Silver belt in the states of Guanajuato and Michoacan, Mexico.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider
(as that term is defined in the policies of the TSX Venture Exchange
Inc.) accepts responsibility for the adequacy or accuracy of this press
release.

Contacts:
Canasia Industries Corporation
Negar Adam
President, Director
1-877-225-6755
1-604-689-1733 (FAX)
info@canasiaind.com
www.canasiaind.com

Copyright 2010, Market Wire, All rights reserved.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Taiwan stocks end higher; TSMC, HTC lead gains

July 7, 2010 By Leave a Comment

TAIPEI, June 6 (Reuters) – Taiwan stocks rose 1.46 percent on
Tuesday as investors chased big tech shares including TSMC
(2330.TW) and HTC (2498.TW) and shipping firms that have brighter
earnings prospects this year.

The main TAIEX share index fell in early trade but
changed course after a rise in Chinese shares to close up 108.52
points at 7,548.48. The rise extended a 2.6 percent rebound in
the past two sessions from a three-week closing low.

Smartphone maker HTC Corp, the market’s most active stock by
turnover, jumped 4.98 percent following upgrades by Yuanta
Research and HSBC on Monday. TSMC shares rose 2.57 percent,
lifting the electronics sector .TELI up 1.23 percent.

The financial sub-index .TFNI gained 1.25 percent.
(US$1=T$32.2)
(Reporting by Baker Li, Editing by Jonathan Standing)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Swiss stocks – Factors to watch on June 15

June 16, 2010 By Leave a Comment

June 15 (Reuters) – The following are some of the main factors expected to affect Swiss stocks on Tuesday:

Healthcare

UBS (UBSN.VX)

UBS AG’s (UBS.N)(UBSN.VX) prospects hang in the balance this week as Swiss politicians vote on Tuesday on a tax deal that would draw a line under a legal dispute with the United States.

For related news, click on [UBSN.VX]

ECONOMY [M-CH]

COMPANY STATEMENTS [CNR-CH]

* Züblin(ZUBN.S) records solid results in Financial Year 2009/2010 [ZUBN.S]

* Oridion (ORIDN.S) shareholders approve motions at AGM 2010 [ORIDN.S]

EQUITY RESEARCH [CH-RCH]

FOR COMPANIES TRADING EX-DIVIDEND, PLEASE CLICK ON:

.EX.S for all Swiss stocks

.EXSMI.S for blue chips

.EXNSMI.S for other stocks

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Fed’s Lockhart says US Southeast slowly recovering

June 5, 2010 By Leave a Comment

Ga., June 4 (Reuters) – The U.S. Southeast, whose banks have been hardest hit by the financial crisis, is slowly edging towards economic recovery, Atlanta Federal Reserve Bank President Dennis Lockhart said on Friday.

Bonds | Global Markets

In remarks to the Alabama Bankers Association that did not address national economic issues or monetary policy, Lockhart was cautiously optimistic about the prospects for the region he oversees.

“In general, the Southeast’s economy continues to rebound. A growing body of evidence suggests a sustainable recovery is under way,” Lockhart said. “Regionally, that recovery is not yet well established.”

Lockhart noted that of the 246 banks failures over the last three years, 73 were in his district.

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Bridge Energy ASA: UK licence award to Bridge Energy

June 2, 2010 By Leave a Comment

The Department of Energy and Climate Change (DECC) has awarded P 1738 which includes UK
Block 49/13 to Bridge Energy which was originally applied for in the 25th Licensing
Round. Block 49/13 contains the Rotliegendes Arizona and Nebraska prospects. This
licence is a promote licence with an initial two year term. The work programme
comprises obtaining 300 sq km of 3D seismic data and reprocessing 100 sq km of 3D.

Asker, 1 June 2010

For further information, please contact:

Jim Brunton
Managing Director, Bridge Energy UK Ltd.
+44 1224 659126 /+44 7739 489052
jim.brunton@silverstoneenergy.co.uk mailto:jim.brunton@silverstoneenergy.co.uk

Bridge Energy is a petroleum exploration and production company with activities in
Norway and the UK. The company has offices in Oslo and Aberdeen. For more information
about Bridge Energy, see www.bridge-energy.com http://www.bridge-energy.com

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

HUG#1420519

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Don’t waste your votes, give it to us, Buddha tells BJP

May 27, 2010 By Leave a Comment

In a new twist to the ongoing politics prior to the civic polls, Chief Minister Buddhadeb Bhattacharjee on Wednesday asked BJP supporters to vote for the Marxists. Bhattacharjee made this appeal while addressing a public meeting in Bansdroni, on the southern fringe of the city.

“I appeal to those who support the BJP and vote for that party, do not spoil your vote. Vote for us, I assure you that we will work for the city,” said Bhattacharjee.

The BJP has fielded 92 candidates in the upcoming Kolkata Municipal Corporation elections and in the last parliamentary elections its vote share was 6.36 per cent. The party can play a vital role in the victory of any candidate in Kolkata and other civic bodies.

An angry BJP retaliated: “They have come to our doors with a begging bowl. It shows we are important to both the CPM and the Trinamool. Following the split between the Congress and the Trinamool over seat sharing, the Trinamool had also asked for our votes. They are mistaken because a BJP voter will never vote for any other party,” said Rahul Sinha, party’s state unit president.

Sources in the CPM said that the Congress has a 16 per cent vote share, but a section of Congress voters will vote for the Trinamool and thereby harm prospects of the Left Front candidates. “If a section of BJP voters cast their votes for the Left candidates, it will be easier for us to contest Trinamool candidates,” said a leader.

Former chief minister Jyoti Basu had appealed to the Congress supporters in the state to vote for the Left Front candidates in the Assembly bypolls held in December 2009. However, his appeal did not work and Left Front candidates were defeated in nine out of the ten constituencies.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

India tops foreign policy agenda in Queen’s speech

May 26, 2010 By Leave a Comment

London, May 26 — Queen Elizabeth II, unveiling the priorities of Britain’s coalition government, on Tuesday set out the prospects of an “enhanced partnership” between India and Britain in what is possibly the first such mention of India at the traditional opening of the country’s parliament. “My government looks forward to an enhanced partnership with India,” the British monarch said in the section of her speech dealing with the foreign policy priorities of the new Conservative-Liberal Democrat government.

Mentions of another country, except for the US, in such positive light are rare in the Queen’s speech, where foreign policy priorities are usually framed in the context of wars and conflicts. Over the past 15 years, the Queen has mentioned a host of problematic countries, including Kosovo, Bosnia-Herzegovina, North Korea, Iraq, Sudan and the Middle East.

The US is usually mentioned in the context of the Anglo-American special relationship. And there are ritual references to Europe and to her upcoming state visits.

But her 56th parliament opening speech marked a departure – this is possibly the first time a British government has put forth plans to scale up ties with another country so clearly. It follows the Conservative party’s election pledge to build a “new special relationship” with India – another first.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Torres to stay with Liverpool next season, says agent

May 26, 2010 By Leave a Comment

London, May 26(ANI): Liverpool’s prospects of retaining the services of striker Fernando Torres have been boosted after the player’s agent said that Torres has no desire to leave the club.

“For the moment I can assure fans that Fernando will continue at Liverpool next season,” The Sun quoted Jose Antonio Peton, Torres’ manager, as saying.

Torres had earlier emerged as a 50 million-pound rated transfer target for Manchester City and Chelsea.

However, despite the uncertainty surrounding the future of Liverpool manager Rafael Benítez and the club’s ability to strengthen the Anfield squad, Peton said that Torres remains happy at the club.

“Everything is down to Liverpool’s attitude, but for the time being, Fernando is happy at the club and has a good contract,” Peton said.

“Liverpool have not spoken to us about his future, so he is just concentrating on playing at the World Cup,” he added. (ANI)

Filed Under: International News Tagged With: , , , , , , , , , , , , , ,

Omar Abdullah accuses separatists of ”arming” valley”s youth with stones

May 14, 2010 By Leave a Comment

Srinagar, May 14 (ANI): Jammu and Kashmir Chief Minister Omar Abdullah has hit out at the separatists in the region for allegedly ruining the mind-set of youngsters by handing over stones to them to be pelted at security personnel.

Addressing a public meet here on Thursday, Abdullah said: “The state government is trying to curb the trends of stone-pelting by offering certain constructive and progressive prospects to the youth.”

“There are political outfits here which capitalise on the problems of the masses to survive. Their political agenda is met when people die. They would never want that the issue of Jammu and Kashmir is resolved because the day the issue of Jammu and Kashmir is resolved, their very existence will be over,” he added.

“The day people stop dying, their existence will be over; the day there will be no need of strike, their existence will be over. These are the same people who deliver stones to the youngsters,” he said.

Three civilians including a seven-day-old toddler were killed and hundreds other injured in the valley region when unknown miscreants pelted stones during the protests in last couple of months.

He also spoke against the Indus Water Treaty between India and Pakistan.

“As per the terms of the treaty, Pakistan has exclusive rights over waters of three rivers Chenab, Jhelum and Indus, which originate from Jammu and Kashmir, while India has exclusive rights over waters of rivers Ravi, Satluj and Beas in Punjab,” he said.

“Three rivers of Punjab are with India, three rivers of Jammu and Kashmir were handed over to Pakistan. We (Kashmiris) don”t have right over utilisation of our own waters,” he added. (ANI)

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , ,

UPDATE 1-Ashmore Q3 AUM up 4 pct to $33 bln

April 15, 2010 By Leave a Comment

LONDON, April 14 (Reuters) – Emerging markets fund firm Ashmore (ASHM.L) said on Wednesday that net inflows and positive investment performance had helped lift assets under management in its third quarter to end-March by 4 percent to $33 billion.

This was in line with a forecast by analysts at Singer Capital Markets.

Ashmore said that assets had been lifted by net inflows of $0.8 billion, mainly into its external debt and local currency strategies, plus positive investment performance of $0.6 billion.

The firm said that trading conditions are in line with management expectations and it remains confident of its prospects in the current year.

Since the interim results in February, Ashmore’s shares have risen some 20 percent, compared with a FTSE All-Share increase of 8 percent, reflecting its better fund performance, Singer said in a note ahead of the statement. The shares closed at 280 pence on Tuesday.

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Stuart accuses Sharks of giving in

April 13, 2010 By Leave a Comment

Cronulla coach Ricky Stuart accused some of his players of “throwing the towel in” as Manly ran away with a comprehensive 40-12 NRL win at Brookvale Oval.

Although the Sharks have won just one match from their past 15 starts, Stuart has always previously praised his team for their work ethic and commitment.

Cronulla held the upper hand for the first quarter of the match before crumbling to concede five first half tries – much to Stuart’s disappointment – as the Sea Eagles cruised to an easy win.

Stuart was keen to stress that Manly’s individual class was what won out in the end but he also criticised the attitude of some players when the going got tough.

“We had inexperience, Manly at Manly is very, very tough and we spoke about that,” Stuart said.

“The only negative for my side is that… I think some parts of our playing team threw the white towel in at the 20-minute mark and that’s the main disappointing part for me as a coach.

“There were parts of the game where we threw the towel in, and it got too hard for us… it’s uncharacteristic for this team.

“[We were] outclassed, outplayed. I haven’t got much more of an excuse than that. [Manly] showed some brilliant pieces of footy.”

Foran in Test frame

Sea Eagles five-eighth Kieran Foran put his hand up for selection for New Zealand against Australia next month with a masterful display, while centre Jamie Lyon further enhanced his New South Wales Origin prospects with two tries in a personal 20-point haul.

Winger Michael Robertson also nabbed a double for Manly, which has stabilised its season nicely after losing its opening two matches.

Foran and half-back Trent Hodkinson have adjusted well to the playmaking duties left vacant by departed skipper Matt Orford, and the Auckland-born emerging star appears certain to partner Benji Marshall in the halves for the Kiwis after getting a taste of international football in last year’s Four Nations series.

“I was pretty happy with my performance today, I’m more confident each week as a ball player and leading this team out,” Foran said.

“Nothing explains pulling on that black and white jersey in front of your family and for your country, but to be honest I haven’t really thought too much about it, I’ve just been trying to get things right here week to week.”

With the game evenly poised at 12-6 to Manly with seven minutes to go in the first half, Foran took control setting up two of the Sea Eagles’ three quick-fire tries before the break.

Opposite number Trent Barrett was more willing to predict Foran’s future as a Test footballer.

“He’s a good player, a good ball runner and a strong kid. He’ll be an international for the New Zealand side I think for a long time, very soon,” Barrett said.

A satisfied Manly coach Des Hasler also heaped praise on his leading man.

“He was taken away on the tour last year just to experience it… so you’d think he’d certainly come under Test selection,” Hasler said.

Manly has one worry ahead of next week’s big clash against Melbourne, with Brent Kite put on report for a high tackle on Blake Ferguson in the second half.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Nikkei rises 0.8 pct, tracks U.S. shares higher

April 12, 2010 By Leave a Comment

TOKYO, April 12 (Reuters) – Japan’s benchmark Nikkei average rose 0.8 percent on Monday after the Dow climbed above 11,000 for the first time in a year-and-a-half supported by wholesale inventories data that brightened prospects for economic growth.

Stocks | Financials

The benchmark Nikkei .N225 rose 89.17 points to 11,293.51.

The broader Topix rose 0.7 percent to 996.41. (Reporting by Masayuki Kitano)

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Criteo Unveils PPC Personalized Retargeting Solution in United States, Relocates Global Headquarters to Silicon Valley

April 9, 2010 By Leave a Comment

PALO ALTO, CA, Apr 08 (MARKET WIRE) —
Criteo, a leader in e-commerce ad retargeting solutions, today announced
a significant push to bring its breakthrough pay-per-click (PPC)
personalized retargeting solution to the US. The company has relocated
its corporate headquarters to Palo Alto, Calif. and expanded the
executive team in support of its rapid worldwide growth.

Criteo is the first company to offer display ad retargeting using a
performance-based pure CPC model. Throughout hundreds of campaigns, this
model has proven to drive post-click conversion rates at levels
significantly higher than paid search, offering e-retailers a low-risk,
high-return solution to retarget ready-to-buy prospects at scale across
the Web.

Founded in Paris, France, in 2005, Criteo has more than 400 customers
worldwide, including several of the top 100 e-commerce brands in the
world and serves approximately four billion retargeted ad impressions per
month.

Retargeting Performance Redefined

More than 95 percent of consumers leave e-commerce Web sites without
making a purchase, taking an average of five visits before becoming a
spending customer. Despite this, retargeting services remain a vastly
underutilized marketing technology. Advertisers who have implemented
traditional retargeting have frequently experienced disappointing
conversion rates compounded by poor scalability and the high costs of
campaign deployment.

To address this pain, Criteo works with e-retailers to create the most
personalized, retargeted display advertisement for each individual site
visitor. Each ad banner created contains product-specific information –
generated in real-time — based on past shopping behavior and powered by
proprietary ad personalization and prediction algorithms. Criteo is a
“one-stop-shop” for retargeting campaign deployment, saving advertisers
time and money by offering personalized banner design, media buying, ad
serving, campaign optimization and real-time reporting. Importantly,
Criteo customers pay only for clicks that bring shoppers back to their
sites, and because Criteo calculates success using pure “post-click”
conversions rather than “view-through” or banner “mouse-over,” their
customers experience true ROI.

“For large US e-commerce brands, personalized retargeting is one of the
most effective ways to optimize client acquisition and retention,” said
JB Rudelle, CEO and founder of Criteo. “With our huge success in all key
European markets, we have proven that retargeting can scale to the next
level. Thanks to our breakthrough technology, we have transformed a niche
product into a massive and ultra effective marketing channel.”

To drive the company’s US expansion, Rudelle has relocated to the US to
lead and grow the team and has recently brought on several seasoned
business veterans. Karen Dayan joins the company as VP of marketing from
Microsoft with 14 years of international experience in data-driven
product marketing and program development. Jeff Mills assumes the role of
VP of strategic partnerships, bringing more than 13 years of marketing,
sales and leadership experience at leading Internet companies including
Yahoo! and SideStep.

“Criteo is on a mission to deliver personalized retargeting on a scale
never before seen in the US under the most efficient and cost effective
business model,” said Dayan. “I am excited to be joining the team in this
period of rapid growth and expansion and am looking forward to helping
e-retailers struggling with traditional display ad models to discover
Criteo’s performance retargeting solution.”

About Criteo
Criteo is the global leader in scalable performance
retargeting. Criteo enables its e-commerce customers to re-engage with
visitors to their site via personalized display ads across the Internet.
These ads are dynamically generated in real-time with individually
selected products. The result is greatly increased customer acquisition
and retention. Criteo’s solution is 100 percent turnkey, easy to
integrate and delivers phenomenal ROI since clients pay only for valuable
prospects that click-through and return their website on a cost-per-click
basis. Criteo displays more than four billion retargeted banners each
month across a wide variety of premium Web sites and currently has more
than 400 satisfied clients from the top e-commerce companies around the
world. For more information, please visit http://www.criteo.com.

Contact information:

Rachel Levine
LaunchSquad
415.625.8555
criteo(at)launchsquad(dot)com

Copyright 2010, Market Wire, All rights reserved.

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , ,

Man drank 16 beers before tree branch assault

April 8, 2010 By Leave a Comment

A man who smashed a tree branch over the head of a woman as she lay wounded on the ground has been sentenced to jail.

The Northern Territory Supreme Court heard Paul Shantian Deegan, 18, drank 16 cans of beer with a group of people in Katherine last October, when he got into an argument.

The court heard a woman who was with the group poked him in the chest with a stick.

The court heard that after she and her boyfriend left, Deegan followed them and picked up a tree branch.

He smashed the branch into the woman’s head and after she fell to the ground he hit her again.

She spent three weeks recovering in the Royal Darwin Hospital.

The judge said Deegan had good prospects for rehabilitation and sentenced him to two years and three months in prison, suspended after he serves nine months.

Filed Under: International News Tagged With: , , , , , , , , , ,

Wave energy plant unveiled

March 31, 2010 By Leave a Comment

The energy technology company, Oceanlinx, has unveiled its latest wave energy conversion plant off Port Kembla.

The third generation plant is sleeker and more efficient than the previous two, enabling it to generate more electricity at a cheaper cost.

The company is involved in the development of similar plants around the world but only Port Kembla is seeing electricity going into the grid.

Oceanlinx founder and chief technology officer, Tom Denniss, says the prospects for wave power are improving as science enables more accurate swell predictions.

“You actually can predict waves quite accurately … and it’s getting better … so that ability enables utilities to in some ways consider what our technology can do as a sort of quasi-baseload,” he said.

Dr Denniss says it is one of just a couple of plants worldwide producing electricity from waves, which can power 1,000 homes.

“There’s been the earlier one that went out a few years ago and has been in operation until quite recently,” he said.

“This one that’s out there now is the first truly, fully grid-connected major scale plant in Australia and I think the second or third in the world.”

Filed Under: International News Tagged With: , , , , , , , , , , , , , , , , , , , ,

Burma elections cannot be free or fair: Smith

March 31, 2010 By Leave a Comment

Australia’s Foreign Affairs Minister, Stephen Smith, says elections in Burma cannot be considered free or fair if the opposition party is not involved.

The National League for Democracy (NLD) says it will not take part in Burma’s first poll in two decades, citing unjust electoral laws.

The laws recently announced by the ruling junta require the NLD to expel detained leader Aung San Suu Kyi because she has a criminal record.

Mr Smith says the NLD has been put in a very difficult position.

“But unless something fundamental or substantial changes, regrettably I think it does put paid to what slim prospects we had, hopeful prospects we had earlier this year that we might make some progress on the democracy front in Burma,” he said.

Meanwhile, the United States is blaming Burma’s military rulers for the opposition’s decision to boycott this year’s elections.

The US has criticised the law and described the situation in Burma as “disappointing”.

However, state department spokesman PJ Crowley says the US will maintain its policy of trying to engage with Burma despite its failure to persuade the country’s military leaders to change course on the election.

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MP backs extended drought aid

March 19, 2010 By Leave a Comment

The Member for Gippsland, Darren Chester, has welcomed the Federal Government announcement extending Exceptional Circumstances (EC) for central and East Gippsland.

The EC classification for parts of the Wellington and East Gippsland would have ended on April 30.

About 500 farming families are getting EC assistance in Gippsland, including income support and interest rate relief.

Mr Chester says recent rain has helped improve farmer’s prospects but has not yet translated to increased income.

“There hasn’t been enough to break the drought in that regard, so I certainly welcome that decision to continue the EC assistance,” he said.

“It helps to keep people on the land until better conditions return.

“Now we need to remember that no-one gets rich from drought assistance and everyone would much prefer to be just going about their normal business.

“But this type of assistance does help to keep farming families on the land, it helps them through a tough time.”

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