| Meritz Securities Conducts Trial of Innovative Card Technologies ...
LOS ANGELES --(Business Wire)-- Innovative Card Technologies, Inc. (NASDAQ:INVC), developers of the breakthrough ICT DisplayCard security device for e-banking, e-commerce and data access, today announced that Meritz Securities Co., Ltd. of Korea is conducting a test using the ICT DisplayCard to authenticate online trading and ATM transactions. Meritz Securities is the first financial institution to publicly announce testing of the ICT DisplayCard.
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Full text of the speech given by the education secretary, Alan ...
Too often, my visits as a national officer and general secretary in the 80s and early 90s were times of tragedy. Postal workers were hijacked or their families taken hostage so that Royal Mail drivers and their vehicles could be used as proxy bombers. Our counter staff were declared a legitimate target by one paramilitary group for a thankfully brief period. And 17 of our members were assassinated in the course of their duties. .
Search Engine Strategies New York 2007 Profiles
NEW YORK--(BUSINESS WIRE)--Search Engine Strategies New York 2007 takes place Apr. 10-13 at the Hilton New York. For in-depth information about the event, visit http://searchenginestrategies.com/sew/ny07/ . Below are profiles from Search Engine Strategies New York exhibitors. Business Wire is the official news wire for Search Engine Strategies New York 2007. Breaking news releases and photos are available at Tradeshownews.com, Business Wire's trade show, conference, and event news resource. .
Bristol to participate in nationwide communications study
City businesses are being asked to participate in a national research study on the economic impact of broadband services. The Fiber To The Home Council, an Oregon-based nonprofit organization, is studying the value of the networks in three U.S. cities – Bristol, Jackson, Tenn., and Reedsburg, Wisc. The organization includes cities that offer broadband, product suppliers, and service providers. "Surveying a few cities is one component of the overall study," said David St. John, spokesman for the council. "The goal is to provide a model for communities – considering offering fiber to the home – to provide them empirical information about what kind of return they can expect on their investment." The study also will include any social and lifestyle benefits due to the network, St.
NewsMakers: Nova Scotia’s daily business briefs
Region of Queens council has granted the Mersey Tobeatic Research Institute in Queens County $1,000 for its business planning project. Mayor John Leefe called the institute—which focuses on natural science—a tremendous success story. There are now over 50 scientists working out of the Mersey Tobeatic Research Institute after only a few years. -- Leanne Delong, The Advance .
Reliance, Trent to be Biyani’s tenants
KOLKATA: Kishore Biyani's Future Group, with some 20 million square feet (sq ft) of prime retail space under its fold, is close to leasing out its properties to the likes of Reliance Retail, Trent, Lifestyle and Shoppers' Stop. While it is in talks with these retail majors for plain-vanilla lease agreements, the group may also look at a lucrative 'revenue sharing model' in the near future. Going forward, the group will add some 15 million sq ft of additional retail space by calender 2010 and thereby, emerge as a mega developer of retail real estate assets with plans to build 56 malls emerge. The group's entire retail realty business is handled by its asset management company, Kshitij Investment Advisory Co. Speaking to ET, Kshitij Investment Advisory Co CEO Shishir Baijal said, "We are in dialogue with all leading retailers to lease out our retail space.
Proposed rules may exclude hotels as REITs
TORONTO -- The federal government released its new rules for real estate investment trusts, regulations that threaten to shut down hotel and senior care REITs. The regulations make it mandatory that 95% of a REIT's income come from passive investments. That means REITs that get their income from property are in the clear. But if a trust gets a significant portion of its income from an active business, it will not qualify for REIT status and will therefore see its income taxed. The reaction was swift from the hotel sector with one major REIT, Canadian Hotel Income Properties, saying it was now considering strategic alternatives. It said the process was underway before the proposed legislation was tabled late Tuesday. .
Brandes Proposes 700 Yen Per Share Dividend for Ono Pharmaceutical ...
SAN DIEGO, April 8 /PRNewswire/ -- Brandes Investment Partners, L.P. ("Brandes") announces that, on March 28, 2007, it submitted to Ono Pharmaceutical Co., Ltd. (the "Company"), a pharmaceutical manufacturer based in Japan and listed on the Tokyo Stock Exchange, a resolution (the "Resolution") to be submitted for shareholder approval at the Company's upcoming annual meeting of shareholders. The Resolution calls for the Company's Board of Directors to authorize a one-time dividend of 700 yen per share of common stock, payable by September 30, 2007. A copy of Brandes' letter to the Company and the Resolution are available at the Brandes website at http://www.brandes.com/Inv/PressReviews.htm. On behalf of its investment advisory clients, Brandes currently holds in excess of 7.0% of the Company's shares.
Will a Hedge Fund Become the Next Goldman Sachs?
IN 1988, a very young-looking 19-year-old Harvard student sneaked past the receptionist at the Boston office of Merrill Lynch, found the manager in charge of convertible bonds and struck up a conversation about the technical aspects of valuing those bonds. A few weeks and some discussions later, the student, Kenneth C. Griffin, asked Terrence J. O'Connor, the convertibles expert, to open an institutional trading account with $100,000 he had collected from his grandmother and his dentist, among others. At the time, the size of the average institutional account was $100 million. “My boss thought I was crazy," recalled Mr. O'Connor, who nevertheless persuaded his boss to let him open the account. That gamble doesn't look so crazy today. Mr.
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