AMP on the prowl for takeover opportunities Aug 20, 2009
"The synergies you can get from a standalone life insurance business aren't the same as if you bought a superannuation or platform business.'' rose 17 cents, or 2.9 per cent, to close at $6.02. AMP recently lost out in the race to buy UK-owned life insurer Aviva Australia Holdings, which National Australia Bank acquired for $825 million in June. But Mr Dunn said AMP didn't have to make takeovers to grow its business as the company was investing in internal growth initiatives, including training... (Sydney Morning Herald -- Business)
More of this story... Aug 20, 2009
The City of Lindsay has already said it would not be interested in selling more of its capacity to the county for El Rancho and Tonyville because the city needs all of the capacity for its own internal growth. There is only so much money and we can't print our own,' Ishida said. (The Exeter Sun, CA)
Buy Emerging-Market Stocks on August's Trading Dips, Credit Suisse Says Aug 19, 2009
With little hope of immediate strong export pick- up, countries will need to rely on internal growth, which is more favorable for emerging-market countries based on recent retail numbers. . (Bloomberg -- Asia)
Samsung Securities to Hire 50 People in Hong Kong, Seek Venture in China Aug 17, 2009
Samsung Securities aims to begin operations in China, Taiwan, Japan, Singapore and India through internal growth or acquisitions, Chief Executive Officer said today in an interview in Hong Kong. Hell attend a ceremony in Hong Kong tomorrow to launch increased services, including broking of stocks on the. (Bloomberg -- Asia)
BHP: dance, then victory march Aug 13, 2009
It has emerged from the greatest slump in international trade with minimal debt and with enough financial firepower to expand either through acquisition or internal growth - avenues it is actively exploring. That could involve acquisitions in petroleum. (Sydney Morning Herald -- Business)
Household Chores for P&G's Incoming CEO Aug 6, 2009
But McDonald stressed that P&G will continue to expand its higher-margin businesses such as Olay beauty products and Tide detergents, through internal growth and even acquisitions. "We are focused on an approach to growth that balances continuity and change," he said. (BusinessWeek)
Wintrust Financial Corporation Announces Semi-Annual Dividend Jul 31, 2009
Such forward-looking statements may be deemed to include, among other things, statements relating to the Company's projected growth, anticipated improvements in earnings, earnings per share and other financial performance measures, and management's long-term performance goals, as well as statements relating to the anticipated effects on financial results of condition from expected developments or events, the Company's business and growth strategies, including anticipated internal growth, plans... (PR Newswire)
Republic Services, Inc. Reports Second Quarter Earnings Jul 30, 2009
Adjusted revenue is used to calculate internal growth for the three and six months ended June 30, 2009 ... 8) Total internal growth (12. (PR Newswire)
JAKKS Pacific® Reports Second Quarter 2009 Results Jul 29, 2009
6 million, and we continue to evaluate potential acquisition opportunities while executing on internal growth initiatives. We continue to experience challenges that are affecting our top and bottom lines, and are clearly in the midst of one of the most difficult economic environments in JAKKS history, said Jack Friedman, Chairman and Co-CEO. We are anticipating sales of core JAKKS products to be lower than expected for this year due to continued softness at retail, coupled with... (Yahoo! Wire -- Entertainment News)
Exelon bonds worth a look: analyst Jul 28, 2009
Now that the bid has been withdrawn, acquisition risk appears to be out of the picture for the foreseeable future, and the company appears intent on retaining earnings for internal growth opportunities, Gimme Credit analyst Philip Adams said. "They want very much to make sure the rating agencies are happy with their leverage and appropriate use of equity and debt," Adams said in an interview. (Crain's Chicago Business)
Core Lab Reports Q2 2009 Results: Cash Totals Exceed $100 Million; YTD Free Cash Flow Equals $3.49/Share Jul 23, 2009
In addition to dividend payments, Core could use its free cash flow and cash balances to repurchase shares or debt, fund internal growth, or make strategic acquisitions. Core intends to allocate cash to those activities that the Company believes will yield the highest overall return for its shareholders. (PR Newswire)
Cintas shredding documents for free Jul 18, 2009
Excluding those scrap paper sales, its internal growth (excluding acquisitions) was 17 percent. By comparison, revenue in its rentals division (uniforms, entrance mats, shop towels, linens, etc. (Cincinnati Business Courier, OH)
Outspark Raises $8.3 Million in Series C Funding to Accelerate Global Growth Jul 14, 2009
The funding will help accelerate the companys continued global expansion through both internal growth initiatives and strategic investments and acquisitions. Concurrent with the funding, Stan Smith, Principal at Syncom Venture Partners, will join Outsparks board of directors. (Yahoo! Wire -- Entertainment News)
Expert: China, a stabilizing factor for world economy May 26, 2009
He said China had moved to internal growth in the past few months, which proved effective, but persistently sluggish export demand for months to come is likely to act as a major curb. He said Allianz doesn't expect the credit-driven growth in domestic demand in China to be sustained for long - the government's fear of a lending glut jeopardizing the stability of the financial system will presumably put paid to that. (Xinhuanet, China)
Coca-Cola not willing to join price war May 24, 2009
" Losing market share has certainly not hurt CCA's performance. CCA, which is 30 per cent owned by US-based The Coca-Cola Co, said this week it expected "high single digit" percentage growth in net profit for the six months to June 2009, compared to the prior corresponding period. The company posted net profit of $172 million in the first half of calendar 2008, and a five per cent increase from that level would equate to an over $180 million profit. Mr Davis said he was focused on internal... (Sydney Morning Herald -- Business)
Ross group wins bidding May 22, 2009
The growth opportunities in Florida, with internal growth and further acquisition growth, are very considerable. Ross mentioned the 66 independent community banks in Florida that could be targets for an acquisition by the new BankUnited. (South Florida Business Journal, FL)
HealthSouth's Jay Grinney eyes future expansion May 15, 2009
In 2008, HealthSouth added 154 inpatient rehabilitation beds through acquisition and internal growth. It expects to add approximately 100 new beds in 2009 and 2010. (Birmingham Business Journal, AL)
An illusion of global governance May 2, 2009
China is active in international reform now because its focus on internal growth converges with a more active foreign policy in financial and monetary matters ... Nevertheless, China might not maintain its current profile - much depends on the duration and severity of the financial crisis - and could return to its more traditional "stay low" diplomacy if external conditions for continued internal growth are again secured. (Asia Times Online)
Republic Services, Inc. Reports First Quarter Earnings Per Share of $.30 May 1, 2009
Internal growth for the three months ended March 31, 2009 (assuming the merger with Allied had occurred on January 1, 2008) decreased 8 ... 5) ---- --- Total internal growth (8. (PR Newswire)
How far is China away from the crisis? Apr 19, 2009
The U.S. and European economies are struggling in the crisis, which means China has to seek more internal growth to make up for the loss in exports. The first quarter continued to see a slash in exports, which declined 19. (Xinhuanet, China)
Platte River Ventures Announces Final Closing of Its $235 Million Second Fund Apr 8, 2009
The firm seeks investment opportunities where its principals can add meaningful value to its management partners in creating larger enterprises through internal growth and complementary acquisitions. For more information, please visit. (PR Newswire)
Hidden deficit horrors Apr 4, 2009
I could soon see that they were not going to ask me, "What is the best currency to have?" and so I soon shut up and just resign myself to not achieving fame and immortality by having the head of the Chinese central bank hear me, suddenly slap his forehead and say, "Wow! You're right, venerable Mogambo! What in the hell were we thinking? Hahaha!" whereupon the Chinese take over the world by virtue of having the strongest currency, which makes imports of goods and raw materials cheap, cheap,... (Asia Times Online)
Glacier Bancorp, Inc. Announces First Quarter Earnings Release and Conference Call Apr 2, 2009
In addition to discussions about risks and uncertainties set forth from time to time in the Company's public filings, factors that may cause actual results to differ materially from those contemplated by such forward looking statements include, among others, the following possibilities: (1) local, national and international economic conditions are less favorable than expected or have a more direct and pronounced effect on the Company than expected and adversely affect the Company's ability to... (PR Newswire)
NBCUs TV Profit Driver Mar 30, 2009
That said, looking ahead three to five years, I think our goal is to continue to strengthen the portfolio, whether through organic, internal growth or through acquisitions. . (TVweek.com)
Prosperity Bancshares, Inc.(R) Announces Filing of Form S-3 Shelf Registration Statement Mar 28, 2009
These risks and uncertainties include but are not limited to whether Prosperity can: successfully identify acquisition targets and integrate the businesses of acquired companies and banks; continue to sustain its current internal growth rate or total growth rate; provide products and services that appeal to its customers; continue to have access to debt and equity capital markets; and achieve its sales objectives. Other risks include, but are not limited to: the possibility that credit quality... (PR Newswire)
Lafarge braces for hard times Mar 28, 2009
For example, our focus on emerging markets, value acquisitions and our own internal growth programme has helped us to have a well-balanced portfolio globally and enabled us to benefit from where there is growth, he says. An acquisition that Lafont is very proud of is that of Orascom Cement, the leading cement producer in the Middle East and Mediterranean Basin. (The Star Online, Malaysia -- Business)
Analysis: Is TI ready for a major analog IC acquisition? Mar 27, 2009
Lowe said TI would continue to build up its stake in the market through internal growth and by making small but strategic acquisitions that would help fill up any sectional gaps, including power management, converters, controllers and amplifiers. TI, he said, is exploring opportunities for helping customers satisfy rising demand for cost-efficient applications in solar and environmentally-friendly applications. (EETimes)
Scientists Create Mouse Model Of Melanoma That Generates Hope For The Use Of Targeted Therapies Mar 20, 2009
Each drug in its own unique way targeted the internal growth control circuits of cancer cells. One drug is an experimental therapy supplied by Pfizer Inc., that inhibits the action of a protein called MEK that acts directly downstream of BRAF, McMahon explained. (Science Daily)
Newcrest runs rule over possible gold targets Mar 19, 2009
The miner has internal growth projects, such as its half stake in the Hidden Valley mine in Papua New Guinea that will start production in mid-year, and expansions to the Cadia Valley operations in NSW and its Gosowong operation in Indonesia. But Mr Smith told an Australian Institute of Company Directors function in Sydney that his company had two teams scouring the globe for acquisition targets. (Sydney Morning Herald -- Business)
KBL Healthcare Acquisition Corp. III and PRWT Services, Inc. to Engage in Business Combination Mar 16, 2009
This business combination will provide us with access to capital to fund internal growth initiatives and acquisitions, elevate our profile within our industries, and help us to attract and retain high quality professionals. . (Primezone Releases)
Destiny Resource Services Corp. Announces 2008 Results and Annual Meeting of Shareholders Mar 11, 2009
This objective is achieved by prudently managing the capital generated through internal growth, optimizing the use of lower cost capital and raising share capital when required to fund growth initiatives as well as a conservative approach to safe-guarding its consolidated balance sheets. The use of debt financing is based upon the Company's overall capital structure which is determined by considering industry norms and risks associated with its business activities. (CCNMatthews Press Releases)
Deep Play and Spirituality Mar 8, 2009
Absorption, Non-Attachment and Transcendence. Deep Play, in which one is absorbed in creative play, is Spirituality in Action. (Suite101.com)
SunOpta Announces Fiscal 2008 Year-End Results Mar 6, 2009
4% increase in revenues from the SunOpta Food Group and reflect a consolidated internal growth rate of approximately 16% for fiscal 2008. On a GAAP basis for fiscal 2008 the Company realized a loss of ($10. (Primezone Releases)
ADS seeks secure future Mar 5, 2009
Two-thirds of that was through acquisition and the rest was through internal growth. Because of the level of service that ADS provides to its residential clients, Mahler says, the company tends to go for upper scale homes in areas such as Belle Meade or Brentwood. (Nashville Business Journal, TN)
CornerStone sets growth course Feb 28, 2009
"It's become more of a challenge to growth at that rate with internal growth. That's why this merger was key," Yamin said. "We're picking up some large customers in a new market. It's a huge, huge win for us.". (Albany Times Union)
ONEOK Reports Higher 2008 Earnings; Announces Fourth-quarter Results Feb 24, 2009
10 per common unit; * ONEOK Partners completing several large internal growth projects, including the Overland Pass Pipeline, and continuing construction on the balance of its $2 billion growth program; * Receiving approval to recover the fuel-related portion of bad-debt costs through the purchased gas adjustment mechanism in the distribution segment's Oklahoma service territory; * Receiving approval in the distribution segment to recover, and earn a return on, $12 ... 9 million in the same... (PR Newswire)
Anglo Suspends Dividend for First Time Since WWII, Eliminates 19,000 Jobs Feb 22, 2009
Anglo isnt considering any acquisitions at the moment, Carroll said, adding we think the internal growth prospects that we have before us are the most attractive. . (Bloomberg -- UK)
Anglo American cuts 19,000 jobs Feb 21, 2009
What we would say today is based on those comparisons, we think that the internal growth prospects that we have before us are most attractive. . (Globe and Mail -- Business)
Forbearance Agreements Reached With Lenders Feb 21, 2009
Factors that could cause or contribute to such differences include, but are not limited to, the ability of Pacific Ethanol to obtain additional debt or equity financing, including additional working capital financing, and the ability of Pacific Ethanol to reschedule or restructure its indebtedness; the ability of Pacific Ethanol to successfully capitalize on its internal growth initiatives; the ability of Pacific Ethanol to operate its plants at their planned production capacities; the price of... (PR Newswire)
Core Lab Reports Record Net Income and EPS for Q4 2008; Annual Free Cash Flow at All-Time High; Company Repurchases Discounted Debt Feb 12, 2009
Together with the Company's free cash flow, this cash could be used to repurchase additional debt, fund internal growth, make strategic acquisitions, repurchase Company shares, or pay dividends to Core's shareholders. On 29 January 2009, the Company received shareholder authorization to repurchase up to 25. (PR Newswire)
TEXT-Moody's rates Precision Drilling notes B1 Feb 11, 2009
The rating is tempered by the inherent volatility of contract drilling, concentration in North American land drilling, integration risks related to the acquisition of Grey Wolf, unit holder distributions as a Canadian income trust (although the company sharply reduced and then suspended distributions in reaction to the current severe downturn in the drilling market), and internal growth and acquisition strategies, although these too are likely to be curtailed in the current environment. The... (Reuters)
Lincare posts profit gain Feb 10, 2009
Lincare (NASDAQ: LNCR), which provides oxygen and other respiratory therapy services to patient in their homes, said in the release that its internal growth was partially offset by Medicare price cuts. The company added 44 new operating centers last year. (Tampa Bay Business Journal, FL)
