Author Profile: Bernard Owuor

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Depomed Announces FDA Approval of Merck’s JANUMET(R) XR That Accesses Depomed Patents Licensed to Merck

Posted in Health on 10 February 2012

Depomed, Inc. (Nasdaq:DEPO) today announced that Merck disclosed on February 2, 2012 that the U.S. Food and Drug Administration (FDA) approved JANUMET® XR (sitagliptin and metformin hydrochloride (HCl) extended-release) tablets, a new treatment for type 2 diabetes that combines sitagliptin, which is the active component of JANUVIA® (sitagliptin), with extended-release metformin. JANUMET® XR provides a [...]


Barclays Corporate Has Appointed Martin Baker, Director, Cash Management, to a New Role Focused on Supporting Clients Within the Utilities and Telecoms Sectors.

Posted in Business on 10 February 2012

Baker has held various roles at Barclays, spending the last 20 years in cash management, most recently working with multi-national corporates across a number of sectors. In his new role Baker will be supporting Barclays existing clients, specifically around the processing of receivables and payables and the management of the cash that these activities generate. [...]


Siemens Offers EUR 6.10 in Cash Per IBS Share

Posted in Financial on 10 February 2012

Siemens plans a focused expansion of its industry software portfolio and intends to make a voluntary public takeover offer to the shareholders of IBS Aktiengesellschaft excellence, collaboration, manufacturing (WKN 622840) (“IBS AG”) to acquire all shares in IBS AG. IBS shareholders are to receive EUR 6.10 per share in cash. This corresponds to a premium [...]


Colombia: Total Sells Assets for About 1 Billion Dollars

Posted in Business on 10 February 2012

Total announces the signature of an agreement with Sinochem to sell TEPMA BV. This fully owned affiliate of Total holds a working interest in the Cusiana field as well as a participation in OAM and ODC pipelines in Colombia. Total share of production of Cusiana is around 7,000 barrels of oil equivalent per day. This [...]


Avnet Receives 2011 Showcase in Excellence Award from Arizona Quality Alliance

Posted in Business on 10 February 2012

Avnet, Inc. a leading global technology distributor, today announced that the company is a recipient of the 2011 Showcase in Excellence Award from the Arizona Quality Alliance for its Avnet Global Solutions Center 5S processes. Avnet implemented these processes into the Chandler, Ariz. integration center as part of its commitment to operational excellence. Avnet received [...]


OSRAM Opto Semiconductors Appoints Avnet Electronics Marketing As “Preferred Global Partner”

Posted in Technology on 10 February 2012

OSRAM Opto Semiconductors, one of the world’s leading manufacturers of optoelectronic semiconductors announced today that Avnet Electronics Marketing, an operating group of Avnet, Inc., has been selected as OSRAM’s preferred global partner. The appointment is effective immediately in the Americas, Europe, the Middle East, Africa (EMEA), Japan and Asia. As one of the world’s largest [...]


Avnet Electronics Marketing Opens Registration for X-Fest 2012 Technical Seminars

Posted in Business on 10 February 2012

Continuing a 15-year legacy of innovation, Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), and Xilinx, Inc. (NASDAQ: XLX) today announce that registration is now open for X-fest 2012. For more information or to view full course descriptions, locations and registration information, visit the X-fest 2012 website. Watch a short video about [...]


Avaya Receives 2011 Asia Pacific Contact Center Applications Inbound Systems Vendor of the Year Award from Frost & Sullivan

Posted in Technology on 10 February 2012

Avaya, a global provider of business communications and collaboration systems and services, today announced it has been awarded the 2011 Asia Pacific Contact Center Applications Inbound Systems Vendor of the Year Award from Frost & Sullivan. The Award is presented to the company that best demonstrates excellence in growth strategy and implementation, degree of innovation [...]


AT&T Pebble Beach National Pro-Am Swings for $100 Million Milestone in 2012

Posted in Society on 10 February 2012

There are 100 million reasons to get excited for the 2012 AT&T Pebble Beach National Pro-Am. This year, the tournament is expected to drive past $100 million in donations to Northern California organizations since its start in 1937. After last year’s record-breaking $8 million fund-raising performance, the tournament’s all-time tally now stands at more than [...]


ABB and RWE Investigate Combined Technology Offering for Electric Vehicle Charging Infrastructure Solutions

Posted in Technology on 10 February 2012

ABB, the leading power and automation technology group, and RWE, the European utility company, have agreed to work in close collaboration to investigate a combined technology offering for networked charging infrastructure for electric vehicles., Both companies, represented by their 100 percent subsidiaries ABB B.V., Rotterdam, and Dortmund-based RWE Effizienz GmbH, signed a Memorandum of Understanding. [...]