ASSET MANAGER...
BURLINGTON: Charles River Development, a leading provider of
financial software and services to the global investment
management community, announced that Daiwa SB Investments Ltd.
(Daiwa), a leading Japanese asset management company, has
selected the Charles River Investment Management System
(Charles River IMS) to monitor more than US$31 billion in
assets under management.
http://www.crd.com
GLOBALSTAR ANNOUNCES...
MILPITAS, Calif.: Globalstar, a world leader in providing
mobile satellite voice and data services to business, announced
that its independent gateway operator in Korea, DACOM
Corporation, plans to offer simplex, or one-way, data services
to Globalstar customers throughout Korea, much of Southeast
Asia, parts of China, as well as the Western Pacific and Sea of
Japan maritime regions.
http://www.globalstar.com
FANNIE MAE...
WASHINGTON, D.C.: Fannie Mae will redeem the principal
amount of MTN securities issues amounting to a total of US$200
million on February 8, 2006 at a redemption price equal to 100
per cent of the principal amount redeemed plus accrued
interest.
http://www.fanniemae.com
ALCAN RESULTS...
MONTREAL: Alcan Inc. has identified charges related to the
previously announced restructuring of its packaging business,
the write down of associated goodwill, asset impairments, and
the previously announced closure of two smelters in Europe.
STREAMING VIDEO...
LAS VEGAS: Las Vegas-based company VMdirect, online at
www.vmdirect.com, reported a strong fourth quarter led to a
record-breaking year in which the company's quarterly revenue
rose 385 per cent in 2005; which was a result of a 222 per cent
increase in active direct-sales affiliates; a 165 per cent
increase in active customers.
http://www.vmdirect.com
OFFICIAL REOPENING...
KUALA LUMPUR: The Malaysian National News Agency (BERNAMA)
will officially reopen its bureau in Bangkok, Thailand this
week. The Minister of Information, Datuk Seri Panglima Abdul
Kadir Haji Sheikh Fadzir will launch the bureau as follows:
Date: Thursday, February 2nd, 2006
Time: 10.30 am
Venue: Dusit Thani Hotel, Bangkok
(AsiaNet is a consortium of leading news agencies
distributing unedited, translated news releases for worldwide
clients. Visit www.asianetnews.net for full-text versions.)