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DUBLIN - Tuesday, May 7th 2013 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)-- Covidien (NYSE:COV) today announced 2013 full year guidance for Mallinckrodt plc as Mallinckrodt prepares to spin off from Covidien to become a separate, publicly traded company in mid-2013.

Mallinckrodt’s fiscal year will end on September 27, 2013, with net sales growth expected to be in the range of 7% to 11% versus 2012, assuming foreign exchange rates at current levels. Net sales are expected to be up 21% to 25% in Mallinckrodt’s Specialty Pharmaceuticals segment and to decline 3% to 7% in its Global Medical Imaging segment.

For fiscal 2013, Mallinckrodt expects adjusted EBITDA1 as a percentage of sales,2 to be in the range of 17% to 21%. The guidance ranges for adjusted EBITDA reflect the financial results for one quarter of Mallinckrodt operating as a standalone, public company and three quarters reflecting the business as historically managed part of Covidien prior to the separation.< ... Read more »
Views: 94 | Added by: africa-live | Date: 05.07.2013 | Comments (0)

Dubai, United Arab Emirates - Tuesday, May 7th 2013 [ME NewsWire]

Motivate Group, representatives of the Cannes Lions International Festival of Creativity, has announced the results of the 2013 UAE Young Lions competition.

The competition challenges young professionals at the start of their careers in the advertising industry, giving local talent the opportunity to showcase their work.

The competition was open to professionals up to 28 years of age, and participants took part in teams of two, consisting of an art director and a copywriter. The 15 participating teams were briefed to produce an original campaign of global standards in just nine hours for the SNF – the Special Needs Future Development Center, Dubai. The mandate was to produce print ads to generate public awareness on the Center’s activities and objectives in the UAE. The Center caters to the special needs community.

All the entries were displayed at Dubai Media City’s HQ. The Creative Club – a ... Read more »
Views: 79 | Added by: uaeonlinenews | Date: 05.07.2013

MANAMA, Bahrain - Tuesday, May 7th 2013 [ME NewsWire]

(BUSINESS WIRE)-- The YPO Global Pulse Confidence Index for the Middle East and North Africa region (MENA) advanced marginally by 1.9 points to 60.3 in the first quarter of 2013, the only region in the world to gain ground. The MENA reading is on a par with the global composite index of 60.4. However, the region remains 3.7 points below where it was this time last year. The survey results were announced today by YPO (Young Presidents’ Organization), a not-for-profit global network of 20,000 chief executive officers.

As usual, changes in business confidence at the country level were varied. Increased optimism amongst CEOs in the main oil-exporting nations, including Saudi Arabia, United Arab Emirates and Oman, contributed to the moderate uplift in regional sentiment. Nations where optimism eroded in the first quarter included Egypt and Libya.

Key findings

Sales forecasts strengthen. The YPO Sales Confidenc ... Read more »
Views: 90 | Added by: africa-live | Date: 05.07.2013

Pending Acquisition Expected to Extend the Success of McAfee’s Security Connected Strategy

SANTA CLARA, Calif. - Monday, May 6th 2013 [ME NewsWire]

(BUSINESS WIRE)-- McAfee today announced the execution of a definitive agreement to initiate a conditional tender offer for the acquisition of Stonesoft Oyj (NASDAQ OMX Helsinki: SFT1V), a leading innovator in next-generation network firewall products, for an aggregate equity value of approximately $389 million in cash.

Stonesoft delivers software-based, dynamic, customer-driven, cyber security solutions to secure information flow and simplify security management. Stonesoft’s product portfolio of next-generation firewalls, evasion prevention systems, and SSL VPN solutions addresses businesses of all sizes. Through the pending acquisition of Stonesoft, McAfee expects to extend its leadership position in network security.

"With the pending addition of Stonesoft’s products and services, McAfee is making a significan ... Read more »
Views: 82 | Added by: uaeonlinenews | Date: 05.07.2013

BURBANK, Calif. - Monday, May 6th 2013 [ME NewsWire]

(BUSINESS WIRE)-- Phoenix Audio Technologies, a world leader in real time audio solutions, today announced the expansion of its relationship with Vidyo Inc., a world leader in personal telepresence and video conferencing solutions.

Vidyo has chosen Phoenix’s Quattro3 as the only audio solution to be bundled with its HD100 video conferencing product, for users worldwide.

"We are excited to be chosen by Vidyo and believe that the Quattro3 is the right audio accessory for the HD100 room system,” said Jacob Marash, Phoenix Audio Technologies’ COO. "We see this expansion of the cooperation between our two companies as a great way to offer the end-user an optimal and complete conferencing solution”.

"Vidyo believes the combination of Quattro 3’s powerful audio technology enhances Vidyo’s innovative room systems offering,” said Yossi Massafi, Senior VP Worldwide Sales Operations, Vidyo. "We are delighted to be wo ... Read more »
Views: 85 | Added by: uaeonlinenews | Date: 05.07.2013

Le premier parcours "Trump Course” en Asie est censé atteindre le niveau des meilleurs au Monde

Dubaï, Émirats Arabes Unis - Lundi 6 Mai 2013 [ME NewsWire]

DAMAC Properties, le plus grand promoteur immobilier au Moyen Orient, a annoncé des plans pour mettre en place  un  parcours de championnat de Golf qui sera connu sous le nom « Trump International Golf Club Dubaï ».

Le parcours qui couvre une superficie de 7,205 yards par71, se trouvera à dix minutes de l’avenue Sheikh Zayed Road et au cœur du plan directeur de construction « Akoya by DAMAC » d’une superficie de 28 millions pieds carrés dont le lancement a été annoncé la semaine dernière. Les travaux de construction ont déjà commencé et le parcours ouvrira ses portes l’année prochaine.

Le "Trump International Golf Club, Dubai”, comprendra un pavillon équipé de la technologie de pointe qui couvre une superfi ... Read more »
Views: 73 | Added by: uaeonlinenews | Date: 05.06.2013

H.H Sheikh Majid Bin Mohammed bin Rashid Al Maktoum launches new tech start up facility Dubai Internet City steadfast in driving growth of ICT ecosystem

Dubai, United Arab Emirates - Monday, May 6th 2013 [ME NewsWire]

The In5 innovation hub aimed at supporting the development of the ICT start-up ecosystem in Dubai was launched yesterday by Dubai Internet City (DIC), the Middle East and North’s Africa’s largest ICT community.

The centre was officially launched under the patronage of His Highness Sheikh Majid Bin Mohammed bin Rashid Al Maktoum, who was present at the event to meet with entrepreneurs and unveil the centre’s new branding.

in5 provides infrastructure, support and a dynamic and engaging working environment to entrepreneurs from the early stages of idea creation through to idea implementation and the commercial launch of a product or service. Selected start-ups and entrepreneurs of all nationalities are encouraged to apply. Entrepreneurs can apply ... Read more »
Views: 95 | Added by: uaeonlinenews | Date: 05.06.2013 | Comments (0)

Les nouvelles applications d'entraînement s'intègrent aux équipements de Life Fitness et motivent les adeptes de l'exercice

SCHILLER PARK, Illinois - Lundi 6 Mai 2013 [ME NewsWire]

(BUSINESS WIRE)--Transpirer sans votre smartphone sera chose du passé, même à la salle de gym. Les rapports sur les tendances mondiales prédisent que les téléchargements d'applications mobiles axées sur le sport et la santé atteindront le milliard sur une année d'ici 2016.* Avec le lancement de son application et de son site web cloud LFconnect, Life Fitness, leader mondial en fabrication d'équipement de conditionnement physique commercial, propose des outils personnalisables aux centres de conditionnement physique et aux adeptes de l'exercice désireux de tirer parti de cette tendance.

« Le suivi des séances d'entraînement augmente la motivation et facilite l'atteinte des objectifs de conditionnement physique » ... Read more »
Views: 102 | Added by: africa-live | Date: 05.06.2013

HIGHLAND HEIGHTS, Kentucky - Lundi 6 Mai 2013 [ME NewsWire]

(BUSINESS WIRE/ME NewsWire)--General Cable Corporation (NYSE : BGC), une des sociétés industrielles les plus diversifiées à l’échelle mondiale, a annoncé aujourd'hui ses résultats pour le premier trimestre clos le 29 mars 2013. Chacun des trois secteurs isolables de la société a satisfait aux attentes en commençant l'année par des acquisitions et de solides résultats pour les activités fondamentales en Amérique du Nord. À l'exclusion de certains éléments, les gains rajustés de 0,23 $ par action et le bénéfice d'exploitation rajusté de 46,2 millions de dollars se situent au niveau des attentes de la direction pour le premier trimestre de 2013. Pour le premier trimestre, le bénéfice d'exploitation déclaré atteignait 32,0 millions de dollars et une perte de 0,94 $ par act ... Read more »
Views: 92 | Added by: africa-live | Date: 05.06.2013 | Comments (0)

Dubai, United Arab Emirates - Monday, May 6th 2013 [ME NewsWire]

Juma Al Majid Est. Hyundai Service Dept. won the ‘Expression of Gratitude’ award from Hyundai Motor Company for its outstanding efforts and great service performance in Hyundai Service operation, which ranked top among 13 distributors in the Middle Eastern region.

The award was presented to Mr. Dawood Omar Abadi, Deputy General Manager of the After-Sales Service Division, by Mr. D.S. Jang, Hyundai Overseas Service Director, at the 2013 Middle East Service Seminar, which took place in Muscat, Oman from April 1-3.

Mr. Abadi said "I am honored to receive such a prestigious award and I am grateful for the excellent light in which it places my company, Juma Al Majid Est. This award provides our service team encouragement for further success and is in recognition of our team’s continuous efforts to improve Hyundai service operations in the UAE.”

Hyundai Motor Company considered the overall service pe ... Read more »
Views: 111 | Added by: africa-live | Date: 05.06.2013

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