NEW FUNDS...
SYDNEY: AXA Rosenberg Group LLC, the specialist global
equity investment management firm within the AXA Investment
Managers group, have announced the launch of the AXA Rosenberg
Australian Long/Short Equity Fund and the AXA Rosenberg
Australian Equitised Long/Short Fund. Both funds, which are
only available to institutional (wholesale) investors, are
domiciled in Australia.
http://www.axarosenberg.com
CHINA PRESENCE...
RICHMOND: Specialty chemicals maker Albemarle Corporation
has entered into a letter of intent to acquire land in China
for the construction of a technology centre, a repackaging
facility for polyolefin co-catalysts, and future production
centres for various polymer additives.
http://www.albemarle.com
http://www.albemarle.com/mainfrm.htm
DFM SEMINAR...
SAN JOSE: Aprio Technologies, the technology leader for
design-for-manufacturing (DFM) solutions in the electronic
design automation (EDA) industry and SC Hightech, exclusive
distributor of Aprio products in Japan, will hold a DFM seminar
on July 28 from 1:00 p.m. to 7:00 p.m. at the KKR Hotel in
Tokyo.
http://www.aprio.com
BLOOMBERG ANNOUNCES...
NEW YORK: Bloomberg, the leading global provider of data,
news and analytics, has unveiled its lineup of live events and
selected interviews available on Bloomberg Television,
Bloomberg Radio, and to users of the Bloomberg Professional
service for the week ahead, July 25 through July 29.
http://www.bloomberg.com
NEW WATCH...
TOKYO: Oscar winning actress and Omega ambassador Nicole
Kidman signs a box holding the new Omega Quadrella during the
official launch of the new Omega watch Quadrella in Tokyo,
Friday, 21 January 2005. Prestige Swiss watch manufacturer
Omega is pleased to announce that Oscar-winning actress Nicole
Kidman has agreed to extend the scope of her partnership with
the brand.
www.photopress.ch
PEPSICO BOARD...
PURCHASE: PepsiCo has announced the election of two new
independent directors -- Victor J. Dzau, M.D., and Dina Dublon
-- to its board of directors, following a board meeting. Their
appointments are effective immediately. PepsiCo also announced
that its board had regretfully accepted the resignation of
Solomon D. Trujillo, who recently was named CEO of Australia's
Telstra Corporation.
http://www.pepsico.com
REPATRIATION PLAN...
PURCHASE: PepsiCo has announced that its Board of Directors
approved the following actions: - The repatriation of up to
$7.5 billion of undistributed international earnings under the
provisions of the American Jobs Creation Act (AJCA).
- Pension plan cash contributions of up to $800 million, to
be made in the fourth quarter.
- A regular quarterly dividend of 26 cents per share on
PepsiCo common stock.
http://www.pepsico.com
GLOBAL OFFERING...
HONG KONG: International law firm Sidley Austin Brown & Wood
represented The Export-Import Bank of China in its recent
global offering of US$1 billion of 10-year bonds under Rule
144A and Regulation S.
http://www.sidley.com
FANNIE MAE...
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of MTN securities issues amounting to a total of US$25
million on August 1, 2005 at a redemption price equal to 100
per cent of the principal amount redeemed plus accrued
interest.Fannie Mae will also redeem the principal amount of
FINS securities issues amounting to a total of US$17.593
million on August 3, 2005 at a redemption price equal to 100
per cent of the principal amount redeemed plus accrued
interest
http://www.fanniemae.com
VOLKSWAGEN PAYMENT...
WOLFSBURG: Volkswagen AG is to pay just under two million
Euro to the Indian state of Andhra Pradesh. The company is thus
assuming responsibility for the damage caused by the suspected
illegal dealings of the former Head of Human Resources at
Skoda, Helmut Schuster.
www.volkswagen-media-services.com
VOIP DEPLOYMENT...
SYDNEY: Integrated Research has announced that PROGNOSIS
will monitor and manage 40,000 new VoIP phones for Airbus
Industries as a direct result of Airbus awarding a five-year
contract to France Telecom and its UK subsidiary Equant, to
implement a Cisco Systems IP Communications solution.
www.ir.com
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full-text versions.)