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Archive for May 21st, 2013

CSF Receives 2013 Frost & Sullivan Data Center Service Provider of the Year Award

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KUALA LUMPUR, Malaysia, May 21, 2013 /PRNewswire/ — CSF Group has been awarded the 2013 Frost & Sullivan Data Center Service Provider of the Year at the 2013 Frost & Sullivan Malaysia Excellence Awards held on the 9 May 2013 at Hilton Hotel, Kuala Lumpur.

The Malaysia Excellence Awards seek to recognize companies and individuals that have pushed the boundaries of excellence, rising above the competition and demonstrating outstanding performance in Malaysia.

The Data Center Service Provider of the Year award is conferred to the service provider based in Malaysia that has demonstrated exemplary growth and performance across the segments in 2012. The award recipient was evaluated based on its revenue and revenue growth, data center infrastructure, services offered, innovation and achievements.

“CSF’s strength in offering customizable large-scale data center space has helped the company establish itself as the leading data center service provider in Malaysia. To its credit, the company registered a revenue growth of more than 15.3% in 2012 and is the largest provider of co-location space to other data center service providers in Malaysia,” said Ganesan Periakarruppan, Industry Analyst for ICT, Frost & Sullivan Asia Pacific.

He added, “CSF’s latest facility, CSF Computer Exchange 5 (CX5) was launched in January 2012 and was awarded the Tier III Certification from Uptime Institute recently. CSF is expanding its service offering in Vietnam and Indonesia as part of its regional expansion. As part of its responsibility towards the environment, CSF operates Southeast Asia’s largest commercial green data center which is more commonly known as CX5.”

The Data Center market in Malaysia grew by 9.2% in 2012. One key growth driver includes the EPP3 under the Economic Transformation Programme which has a target of 5 Million sq ft of data center space by the end of 2020.

“CSF being listed in the Alternative Investment Market (AIM) in London has helped the company spread the Malaysian brand globally. This has enabled it to bring more data center revenues into the country, helping the Malaysian government reach its target,” said Ganesan.

The Frost & Sullivan Malaysia Excellence Awards are based on extensive market engineering tools evolved by Frost & Sullivan. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

The findings of the detailed evaluation will then be presented to a panel of independent judges comprising influential personalities and leaders in Malaysia, to decide the recipient for each category.

For more details on the 2013 Frost & Sullivan Malaysia Excellence Awards log-on to http://www.malaysia-awards.com/

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion

MEDIA CONTACT:

Carrie Low
Corporate Communications – Asia Pacific
E: carrie.low@frost.com
P: +603-6204-5910

View in PR Newswire Asia website: CSF Receives 2013 Frost & Sullivan Data Center Service Provider of the Year Award

Written by asiafreshnews

May 21, 2013 at 10:32 pm

Posted in All releases

Frost & Sullivan: Public Sector Delivery Moves toward a Globally Integrated and Productivity Driven Future

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  • Focus increases on technology adoption, improved workforce quality, streamlined operations, and coordination with external parties

LONDON, May 21, 2013 /PRNewswire/ — Results of the public sector and government survey among government employees indicate that the public sector and government organizations are focused on becoming highly responsive and efficient. According to respondents the most important factor to have a positive impact on the working of government was improving coordination with other levels of government within the country.

Frost & Sullivan Public Sector & Government Survey 2013 is a discussion of the key issues faced by public sector and government employees, as revealed by a global survey. The analysis outlines the increased complexity of implementing policies, issues relating to talent management, and the need for greater coordination and cooperation among national and sub-national stakeholders. It highlights Asia-Pacific as a region of high growth and change to make interesting comparisons with the rest of the world.

Many government organizations identified unclear mandates, unnecessary dependencies, and lack of accountability while dealing with fellow government organizations as the dominant challenges encountered on a day-to-day basis. However, the inherent complexities of the issues handled by the government make coordination inevitable.

“The second most important factor positively influencing the government was perceived to be the adoption of technological innovations,” said Frost & Sullivan Public Sector & Government Director Iain Jawad. “The higher adoption of technologies is a continuation of the need for improved coordination among various levels of governments.”

In terms of productivity enhancement initiatives, a significant number of respondents believed that increased training opportunities for staff will enhance productivity. In addition to training employees in the operation of relevant tools, respondents felt training was necessary in technology adoption, problem solving, team building, and quality improvement.

Both the private and public sectors are pulling out all stops to raise workforce quality. As stakeholders emphasize the need to constantly update the workforce’s skills, the most popular initiative – 16.1 percent of the respondents voted for it – to improve workforce quality has emerged to be competitive compensation comparable with that of the private sector.

There has also been a visible move toward ‘digital engagement’, wherein government organizations use social media tools such as Facebook and Twitter to reach out to citizens. Further, governments are realizing that it is no longer possible to function in isolation; whether it is developing standards, forming free trade agreements or establishing policies to tackle climate change, the need for global and regional cooperation is clear. Greater collaboration among countries will also help develop a unified front representing common regional interests.

For policy improvement, 35 percent of respondents believed impact assessment was the way forward. Impact assessment helps evaluate the cost and benefits of government policies or schemes, not just in economic terms, but also in social, environmental and health terms.

“Overall, the survey indicates that the public sector and government have a clear desire to develop into best-in-class organizations through the adoption of private sector practices, knowledge sharing with overseas peers, and incorporation of advanced tools such as impact assessment,” noted Jawad.

If you are interested in more information on this research, please send an e-mail to Chiara Carella, Corporate Communications, at chiara.carella@frost.com, with your full contact details.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on “the next big thing”

Register:         Gain access to visionary innovation

Public Sector & Government Survey – 2013

Contact:
Chiara Carella
Corporate Communications – Europe
P: +44 (0) 20 7343 8314
M: +44 (0) 753 3017689
E: chiara.carella@frost.com

http://www.frost.com

View in PR Newswire Asia website: Frost & Sullivan: Public Sector Delivery Moves toward a Globally Integrated and Productivity Driven Future

Written by asiafreshnews

May 21, 2013 at 9:32 pm

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Big Data Republic Names @kdnuggets Top Big Data Tweeter

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LONDON, May 21, 2013 /PRNewswire/ — Today Big Data Republic (http://www.bigdatarepublic.com/) has announced the judge’s selection of top 20 big data names to follow on Twitter, with @kdnuggets (a.k.a. Gregory Piatetsky) the clear winner.

Using the #bigdata100 list (generated via community nominations and PeerIndex) as a starting point, judges chose their top seven big data tweeters, with votes counted up to create the final list. The final list, with judge’s comments, can be found at http://www.bigdatarepublic.com/author.asp?section_id=3207&doc_id=263560.

Site Editor Saul Sherry explains: “We have a very passionate community at Big Data Republic, and tools like PeerIndex end up being quite divisive. So we decided to use the PeerIndex system to give us a top 100, before handing this list over to some informed experts to make the final, must-follow list. These are the Twitter accounts you need to be following if you are passionate about how data transforms businesses and the wider world.”

The top 20 accounts:

  1. @kdnuggets
  2. @kirkdborne
  3. @revodavid   
  4. @hmason’s
  5. @sethgrimes
  6. @todd_park
  7. @biscorecard 
  8. @data_nerd
  9. @dataenthusiast
  10. @marcusborba
  11. @peteskomoroch
  12. @marie_wallace
  13. @ydemontcheuil
  14. @mikeolson
  15. @ratzesberger
  16. @simplystats
  17. @williammcknight
  18. @eric_kavanagh
  19. @dhenschen
  20. @datagenius

The judging panel:

  • Gil Press, Managing Partner, gPress
  • Daniel D. Gutierrez, Data Scientist and Big Data Republic blogger
  • James Robinson, Co-Founder, OpenSignal
  • Bill Franks, Analytics-focused speaker, blogger, consultant, and author of Taming The Big Data Tidal Wave; also Chief Analytics Officer, Global Alliance Programs, Teradata
  • Fritz Nelson, Vice President, Editorial Director, InformationWeek Business Technology
  • James M. Connolly, US Correspondent, Big Data Republic
  • Saul Sherry, Editor, Big Data Republic

About UBM DeusM
UBM DeusM (www.deusm.com) is an integrated marketing services company owned by UBM plc, targeting the fastest growing segment of the online publishing industry: business social media. The company is led by Managing Director Stephen Saunders, Min’s Marketer of the Year 2010. He and the other UBM DeusM principals have built and delivered more than 45 successful sites and online communities over the last two years. UBM DeusM’s service is based on a unique platform, called Community in a Box (CiaB), which employs a structured system of proven B2B Web publishing best-practices, combined with a breakthrough integrated multimedia publishing platform (“n-Server”) to enable marketers to quickly and profitably set up specialized communities for their target customers.

About UBM Live
UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands, and expand their markets. Its premier brands such as TFM&A, Internet World, IFSEC, Big Data Republic, ICMI, CPhI, and many others, UBM Live exhibitions, conferences, awards programs, publications, websites, and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

About UBM Tech
UBM Tech (http://www.ubm.com/tech) is a global media business that provides information, events, training, data services, and marketing solutions for the technology industry.  Its media brands and information services inform and inspire decision makers across the entire technology market— engineers and design professionals, software and game developers, solutions providers and integrators, networking and communications executives, and business technology professionals.  UBM Tech’s industry-leading media brands include EE Times, Interop, Black Hat, InformationWeek, Game Developer Conference, CRN, and DesignCon. The company’s information products include research, education, training, and data services that accelerate decision making for technology buyers.  UBM Tech also offers a full range of marketing services based on its content and technology market expertise, including custom events, content marketing solutions, community development and demand generation programs. UBM Tech is a part of UBM (UBM.L), a global provider of media and information services with a market capitalization of more than $2.5 billion.

Contact:
Amy Averbook
Sr. Director of Marketing, UBM DeusM
+1-917-743-2693
averbook@deusm.com

View in PR Newswire Asia website: Big Data Republic Names @kdnuggets Top Big Data Tweeter

Written by asiafreshnews

May 21, 2013 at 9:32 pm

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China GengSheng Announces Delay in Filing Quarterly Report and Preliminary Financial Results for the Quarter Ended March 31, 2013

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GONGYI, China, May 21, 2013 /PRNewswire/ — China GengSheng Minerals, Inc. (NYSE Amex: CHGS) (the “Company” or “GengSheng”), a leading China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced the delayed filing of its Quarterly Report on Form-Q for its first quarter ended March 31, 2013 because it is still finalizing the financial statements. There was a delay in closing the books because of turnover in some of the Company’s accounting staff in China. We anticipate filing our Form 10-Q no later than June 14, 2013. Notwithstanding the delay in preparing our Form 10-Q, we estimate that our Net Loss, Total Assets, Total Liabilities and Total Equity for the first quarter of 2013 to be around $3.8 million, $158 million, $121 million and $37 million respectively.

About China GengSheng Minerals, Inc.

China GengSheng Minerals, Inc. (“GengSheng”) develops, manufactures and markets a broad range of high-tech industrial material products, including monolithic refractories, industrial ceramics, fracture proppants and fine precision abrasives. A market leader offering customized solutions, GengSheng sells its products primarily to the iron and steel industry as heat-resistant components for steel-making furnaces, industrial kilns and other high-temperature vessels to guarantee and improve the productivity of those expensive pieces of equipment, while reducing their consumption of energy. Founded in 1986 and based in China‘s Henan province, GengSheng currently has over 170 customers in the iron, steel, oil, glass, cement, aluminum and chemical businesses located in China and other countries. GengSheng conducts business through GengSheng International Corporation, a British Virgin Islands company, and its Chinese subsidiaries, which are Henan GengSheng Refractories Co., Ltd., Zhengzhou Duesail Fracture Proppant Co., Ltd., Henan GengSheng Micronized Powder Materials Co., Ltd, Guizhou SouthEast Prefecture Co., Ltd., GengSheng New Materials Co., Ltd, Henan GengSheng High Temperature Materials Co., Ltd. and Henan Yuxing Proppant Co., Ltd.

For more information about the Company, please visit http://www.gengsheng.com.

For more information, please contact:

China GengSheng Minerals, Inc.
Investor Relations
Mr. Shuai Zhang
ir@gengsheng.com
+86-371-6405-9846

View in PR Newswire Asia website: China GengSheng Announces Delay in Filing Quarterly Report and Preliminary Financial Results for the Quarter Ended March 31, 2013

Written by asiafreshnews

May 21, 2013 at 9:32 pm

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Earning Forecast Buzz for Warner Chilcott, Freeport-McMoRan Copper & Gold, Intel, EMC, Corning, and Barrick Gold

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HONG KONG, May 21, 2013 /PRNewswire/ — EarningForecast.com has issued earnings forecast reports for investors in US market: Warner Chilcott (NASDAQ:WCRX), Freeport-McMoRan Copper & Gold (NYSE:FCX), Intel (NASDAQ:INTC), EMC (NYSE:EMC), Corning (NYSE:GLW), and Barrick Gold (NYSE:ABX).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

Warner Chilcott Plc (NASDAQ:WCRX): By the end of trading session, Warner Chilcott Plc (NASDAQ:WCRX) shares rose 2.03% to US$19.60 with more than 59.89 million shares traded, compared to its average volume of 6.38 million shares. Actavis Inc., one of the world’s largest generic drug makers, will acquire Warner Chilcott Plc for about a US$8.5 billion deal. At the end of last trading session, the company had about US$4.92 billion market cap. Observing comprehensive analysis of Warner Chilcott Plc could help investors avoid big loss in investment. Check WCRX earnings forecast report below.

Read Full Report: http://www.earningforecast.com/PR/052113A/WCRX/WarnerChilcott.pdf

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Freeport-McMoRan Copper & Gold (NYSE:FCX) shares began the trading session with a price of US$32.73. When day-trade ended, the stock finally earned US$0.20 (or 0.61%) to US$32.88. The stock traded 26.04 million shares in the last trading session, compared to its daily average of 20.29 million shares. The company finally got approval from shareholders of Plains Exploration for a US$6.63 billion buyout. The deal can expand its natural resources supply base to include oil and gas production, which also reduce its vulnerability to metal prices. Investors may want to find out where Freeport-McMoRan Copper & Gold will go from here. Observe comprehensive FCX earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/052113A/FCX/FreeportMcMoRanCopperGold.pdf

Intel Corporation (NASDAQ:INTC): The share of Intel (NASDAQ:INTC) began the trading session with a price of US$24.08. When day-trade ended, the stock price rose 0.17% to US$24.08. The stock traded 31.33 million shares in the last trading session, lower than its daily average of 50.01 million shares. Intel recently lowered its capital expense forecast by US$1 million to between US$11.5 billion and US$12.5 billion for 2013, compared to last year’s US$11 billion. Do you think Intel will go on? Do you think now is a good time to buy the stock? Investors could check INTC earnings forecast report here.

Read Full Report: http://www.earningforecast.com/PR/052113A/INTC/Intel.pdf

Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:

EMC Corporation (NYSE:EMC):

Read Full Report: http://www.earningforecast.com/PR/052113A/EMC/EMC.pdf

Corning Incorporated (NYSE:GLW):

Read Full Report: http://www.earningforecast.com/PR/052113A/GLW/Corning.pdf

Barrick Gold Corporation (USA) (NYSE:ABX):

Read Full Report: http://www.earningforecast.com/PR/052113A/ABX/BarrickGold.pdf

About EarningForecast.com:

EarningForecast.com focuses on tracking and monitoring company Earnings Data for top market movers in US stocks market. EarningForecast.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:

Please visit: EarningForecast.com/disclaimers/index.php for details.

View in PR Newswire Asia website: Earning Forecast Buzz for Warner Chilcott, Freeport-McMoRan Copper & Gold, Intel, EMC, Corning, and Barrick Gold

Written by asiafreshnews

May 21, 2013 at 9:32 pm

Posted in All releases

Asia Society Appoints Josette Sheeran As New President

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– Sheeran to Bring World Leadership and Diplomatic Experience To Broaden Asia Society’s Global Initiatives

NEW YORK, May 21, 2013 /PRNewswire/ — Today Asia Society announced the appointment of Josette Sheeran, the Vice Chair of The World Economic Forum, as the seventh President and CEO of the institution. Ms. Sheeran will assume the office on June 10.

“Josette Sheeran is a proven executive with a long and successful record of global leadership and far-reaching diplomatic experience with the nations of Asia,” Asia Society Board Co-Chairs Henrietta Fore and Ronnie Chan said in a joint statement.  “We are delighted that she will be Asia Society’s next President at this time of continued growth for our organization.”

At the World Economic Forum, which hosts the annual Davos and ‘Davos in China’ gathering of world leaders, Sheeran has helped advance global initiatives and global, regional and industry agendas such as “Grow Africa,” which has attracted $4 billion in investment commitments to end hunger and malnutrition in Africa. This spring she also served at the Harvard Kennedy School as a Fisher Fellow in the Future of Diplomacy.

Prior to her tenure at the World Economic Forum, Sheeran was Executive Director of the United Nations World Food Programme (WFP), appointed by U.N. Secretary-General Kofi Annan in 2006.  There she was responsible for managing the world’s largest humanitarian organization, leading a team of 13,000 people in more than 70 countries, and managing an annual budget of more than US$3 billion – including $1 billion in Asia.

Ms. Sheeran has also held senior positions in the U.S. government, and in those positions she conducted high-level diplomacy with virtually every nation in Asia. As U.S. Under Secretary of State for Economic, Business, and Agricultural Affairs, she led new State Department initiatives which supported economic transformation and reconstruction in Afghanistan and Central Asia and with APEC and ASEAN.  Earlier she served for five years as Deputy U.S. Trade Representative, conducting negotiations across Asia, including with China, Australia, Singapore, India, Korea, and Japan.

“I am very honored to be selected to lead the premier institution connecting Asia to the world and the world to Asia,” said Sheeran.  “It will be a great privilege to play a central role in the explosion of exchanges between east and the west – in diplomacy, arts and culture, and in education.  The Asia Society trustees and staff are renowned and respected for their deep knowledge and quality of work in these areas.  I believe we will be able to leverage those qualities to bring the institution to new heights.”

In 2011, Forbes named Josette Sheeran the world’s 30th most powerful woman; Foreign Policy lists her among its top women on Twitter; and Sheeran’s “Ted Talk” on ending world hunger has been viewed more than one million times.

To see the full release with photos go to: AsiaSociety.org/media.

About the Asia Society
Asia Society is the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States in a global context. Across the fields of arts, business, culture, education, and policy, the Society provides insight, generates ideas, and promotes collaboration to address present challenges and create a shared future.

Founded in 1956 by John D. Rockefeller 3rd, Asia Society is a nonpartisan, nonprofit institution with headquarters in New York, major centers in Hong Kong and Houston, and offices in Los Angeles, Manila, Mumbai, San Francisco, Seoul, Shanghai, Sydney, and Washington, DC.

View in PR Newswire Asia website: Asia Society Appoints Josette Sheeran As New President

Written by asiafreshnews

May 21, 2013 at 9:32 pm

Posted in All releases

News Behind Insider Trading: American International Group, First Solar, Gilead Sciences, J.C. Penney, U.S. Bancorp, and Chesapeake Energy

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HONG KONG, May 21, 2013 /PRNewswire/ — Insiderslab.com releases insider trading activities report in US market. Today’s reports will reveal insider trading for American International Group (NYSE:AIG), First Solar (NASDAQ:FSLR), Gilead Sciences (NASDAQ:GILD), J.C. Penney (NYSE:JCP), U.S. Bancorp (NYSE:USB), and Chesapeake Energy (NYSE:CHK).

(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)

Report Highlights:

American International Group Inc. (NYSE:AIG): By the end of last trading session, the shares of American International Group (NYSE:AIG) lost US$0.34 (or 0.75%) to US$44.89 with 11.03 million shares exchanged hands, compared to daily average volume of 17.74 million. The trading price ranged between US$44.75 and US$75.40. Insiderslab.com found company Director, William G. Jurgensen, purchased his share at a price of US$45.20 on May 20. Do you want to trace company insiders when the share running at the 52-week high? Investors may want to find out how American International Group insiders like CEOs, CFOs and Directors are thinking about the future of the company. Check this insider trade report for AIG here.

Read Full Report: http://www.insiderslab.com/PR3/052113A/AIG/AmericanInternationalGroup.pdf

First Solar, Inc. (NASDAQ:FSLR): By the end of last trading session, First Solar (NASDAQ:FSLR) shares soared US$4.91 (or 9.82%) to US$54.89 with about 11.55 million shares exchanged hands for the session, compared to its average volume of 9.21 million shares. The share reached a new 52-week high of US$55.50 within the last trading session. Insiderslab.com found company CTO, Raffi Garabedian, sold 5,404 shares on May 8. Investors may want to find out how First Solar insiders like CEOs, CFOs and Directors are thinking about the future of the company.

Read Full Report: http://www.insiderslab.com/PR3/052113A/FSLR/FirstSolar.pdf

Gilead Sciences, Inc. (NASDAQ:GILD): By the end of last trading session, Gilead Sciences (NASDAQ:GILD) dropped US$0.56 (or 0.99%) to US$55.74 with about 9.50 million shares exchanged hands for the session, compared to its average volume of 13.47 million shares. Insiderslab.com found company CEO, John C. Martin, sold his shares for about US$39.97 million within the last three months. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Gilead Sciences are starting to buy more company shares. See insider trade report for GILD here.

Read Full Report: http://www.insiderslab.com/PR3/052113A/GILD/GileadSciences.pdf

Today Insiderslab.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.

J.C. Penney Company, Inc. (NYSE:JCP):

Read Full Report: http://www.insiderslab.com/PR3/052113A/JCP/JCPenney.pdf

U.S. Bancorp (NYSE:USB):

Read Full Report: http://www.insiderslab.com/PR3/052113A/USB/USBancorp.pdf

Chesapeake Energy Corporation (NYSE:CHK):

Read Full Report: http://www.insiderslab.com/PR3/052113A/CHK/ChesapeakeEnergy.pdf

Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.

About Insiderslab.com:

Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.

Important Disclaimer:

Please visit insiderslab.com/disclaimers/disclaimers.php for details.

View in PR Newswire Asia website: News Behind Insider Trading: American International Group, First Solar, Gilead Sciences, J.C. Penney, U.S. Bancorp, and Chesapeake Energy

Written by asiafreshnews

May 21, 2013 at 9:32 pm

Posted in All releases

Yingli Green Energy Announces Preliminary Financial Results for First Quarter 2013

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BAODING, China, May 21, 2013 /PRNewswire/ — Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic (“PV”) manufacturers, which markets its products under the brand “Yingli Solar“, today announced its preliminary financial results for the quarter ended March 31, 2013.

(Logo: http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg)

Based upon preliminary data, the Company expects its PV module shipment in the first quarter of 2013 to decrease by 6% to 7% from the fourth quarter of 2012, better than its previous guidance of a low-to-mid teen percent decrease from the fourth quarter of 2012. The Company expects its overall gross margin in the first quarter of 2013 to be in the range of 4.0% to 4.2%, which is in line with its previous guidance of low-to-mid single digit percent.

The Company will schedule a conference call and live webcast to discuss its unaudited financial results for the quarter ended March 31, 2013 at 8:00 AM Eastern Standard Time on May 30, 2013, which corresponds to 8:00 PM Beijing/Hong Kong time on the same day.

The dial-in details for the live conference call are as follows:

— U.S. Toll Free Number: +1-866-519-4004
— International Dial-in Number: +1-718-354-1231
— Passcode: 74428922

A live and archived webcast of the conference call will be available on the Investors section of Yingli Green Energy’s website at www.yinglisolar.com. A replay will be available shortly after the call on Yingli Green Energy’s website for 90 days.

A replay of the conference call will be available until June 6, 2012 by dialing:

— U.S. Toll Free Number: +1-855-452-5696
— International Dial-in Number: +1-646-254-3697
— Passcode: 74428922

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand “Yingli Solar,” is a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers. Yingli Green Energy’s manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. Yingli Green Energy currently maintains a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy’s control, which may cause Yingli Green Energy’s actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy’s filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For further information, please contact:

Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yinglisolar.com

View in PR Newswire Asia website: Yingli Green Energy Announces Preliminary Financial Results for First Quarter 2013

Written by asiafreshnews

May 21, 2013 at 9:02 pm

Posted in All releases

SimpleSignal Presented with 2013 North American Frost & Sullivan Award for Entrepreneurial Company of the Year

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Sturdy, innovative solutions that have evoked high customer satisfaction set the company apart in the hosted IP telephony and UC services market

MOUNTAIN VIEW, Calif., May 21, 2013 /PRNewswire/ — Based on its recent analysis of the hosted IP telephony and unified communications (UC) services market, Frost & Sullivan recognizes SimpleSignal with the 2013 North American Frost & Sullivan Award for Entrepreneurial Company of the Year. In a dynamic, fragmented, and highly competitive market, SimpleSignal’s robust growth and customer retention rates validate its growth strategy, execution, technology, customer value, and ability to address evolving market needs.

“Entrepreneurial leadership attests to a company’s innovative features and functionality, reliable service delivery, and greater attention to customer needs,” said Frost & Sullivan Program Director Elka Popova. “While new customers are typically attracted to a broad feature set, customer satisfaction and retention are largely dependent on service reliability and availability, and the quality of customer service. SimpleSignal has seen strong growth rates through constant innovation and unwavering attention to evolving customer demands.”

Dedicated to delivering affordable, reliable, and feature-rich cloud communications solutions to small and medium-size businesses (SMB), SimpleSignal’s innovative and continually expanding features and capabilities, flexible integrations with third-party applications, strong focus on service quality, and a channel-centric approach are some of the factors driving its success.

“The company stands out among the crowd of providers — which approach the SMB market with a low-touch model in terms of post-sale customer support — with its nimble and customer-oriented service and support,” noted Popova.

Customer testimonials show that businesses greatly appreciate SimpleSignal’s advanced feature set and ease of use, as well as its staff’s response to customer needs. Furthermore, customers praise the simplicity of the system, which allows even the most inexperienced users to just plug and play. Customers also testify to the reliability of the system. In fact, SimpleSignal demonstrates full accountability by sharing its daily network performance statistics on its website. The company’s churn rate of less than 1 percent is proof of this high customer satisfaction.

With more than 50,000 installed seats at the end of 2012, SimpleSignal has earned a spot among the top 20 hosted IP telephony providers in North America. It reported more than 30 percent growth rate during a year that was tough for many telecommunications vendors, but one of the strongest years in SimpleSignal’s history. The company is also off to a strong start in 2013, registering close to 20 percent growth in installed seats in just the first quarter.

In recognition of its spirit of excellence and the high value it provides to customers, SimpleSignal is presented with the 2013 Frost & Sullivan Entrepreneurial Company of the Year Award in the North American hosted IP telephony and UC services market.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value as well as speed in response to market needs. In short, the award looks at the emerging market participants in the industry and recognizes their best practices that help ensure future growth excellence.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About SimpleSignal

SimpleSignal provides cloud-based Unified Communications and Collaboration services, delivering voice, video, and mobile communications to thousands of satisfied business customers globally. The company provides the most innovative and advanced FMC and mobile PBX capabilities in the industry using its Broadsoft platform, and is one of the first companies ever to extend video PBX telephony over iPads, iPhones, and Android mobile devices that can connect with any brand of video conferencing equipment. SimpleSignal’s video conferencing product provides all the power and features of Polycom’s premise-based video conferencing systems in a fully-outsourced video as a service (VaaS) solution without on-premise video infrastructure. SimpleSignal is also investing heavily in integrations with Microsoft Lync, Google Apps and other SaaS solutions. For more information, visit www.simplesignal.com, check out the company blog at www.simplesignal.com/blog, or connect at facebook.com/simplesignal and twitter.com/simplesignal.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Contact:
Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com

SimpleSignal Contact:
Name: Donna Sudderth
P: +1-949-777-5150
E: donna@simplesignal.com

View in PR Newswire Asia website: SimpleSignal Presented with 2013 North American Frost & Sullivan Award for Entrepreneurial Company of the Year

Written by asiafreshnews

May 21, 2013 at 9:02 pm

Posted in All releases

Xinyuan Real Estate Co., Ltd. Announces Upcoming Retirement of CFO

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BEIJING, May 21, 2013 /PRNewswire/ — Xinyuan Real Estate Co., Ltd. (“Xinyuan” or “the Company”) (NYSE: XIN), a residential real estate developer with a focus on high growth, strategic Tier II and III cities in China, today announced that Tom Gurnee, the Company’s Chief Financial Officer for the past four and a half years, plans to retire as CFO in August 2013. Mr. Gurnee will remain on the Company’s Board of Directors following his retirement as CFO.

The Company has formed a search committee, which includes members of the Board’s audit committee, to lead the effort to locate Mr. Gurnee’s successor. The Company plans to have a new CFO in place prior to Mr. Gurnee’s retirement in order to provide an orderly transition.

Mr. Zhang Yong, Xinyuan’s Chairman and Chief Executive Officer, said, “Tom has been an invaluable asset to Xinyuan in recent years and I want to thank him for his contributions to the growth, development, and stability of our business. Xinyuan has emerged much stronger and in a much better financial position thanks to his efforts. We wish him well in his retirement. The timing of his departure should allow for a smooth transition to a new CFO.”

“It has been a privilege serving at Xinyuan and being enabled to build a strong financial team. It has been gratifying to be a part of the Company’s strong growth and development over the years resulting in margin expansion, and a markedly improved balance sheet”, commented Mr. Gurnee. “Xinyuan is well-positioned for growth in the years to come and I have a high level of confidence that the current organization will perform admirably. I look forward to assisting management as needed during this transition period.”

About Xinyuan Real Estate Co., Ltd.

Xinyuan Real Estate Co., Ltd. is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. Xinyuan primarily focuses on China‘s Tier II and III cities. Xinyuan’s U.S. development arm, XIN Development Group International, Inc. is a pioneer among Chinese real estate residential developers, entering the U.S. market in 2012. Xinyuan is the first real estate developer from China to be listed on the New York Stock Exchange. For more information, please visit http://www.xyre.com.

Forward Looking Statements

Certain statements in this press release constitute “forward-looking statements”. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical statements are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including, but not limited to, Xinyuan’s ability to continue to implement its business model successfully; Xinyuan’s ability to secure adequate financing for its project development; Xinyuan’s ability to successfully sell or complete property projects under construction and planning; Xinyuan’s ability to enter into new geographic markets and expand its operations; the marketing and sales ability of third-party sales agents; the performance of third-party contractors; the impact of laws, regulations and policies relating to real estate developers and the real estate industry in China and, to the extent the Company expands operations into other countries, such as the U.S., the laws, regulations and policies of such countries; Xinyuan’s ability to obtain permits and licenses to carry on its business in compliance with applicable laws and regulations; competition from other real estate developers; the growth of the real estate industry in China, particularly Tier II and Tier III cities, and in targeted areas in the U.S.; fluctuations in general economic and business conditions in China, and, to the extent the Company expands operation into other countries, such as the U.S., the general economic and business conditions in such countries; and other risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s annual report on Form 20-F for the year ended December 31, 2012. Except as required by law, the Company undertakes no obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statement is made.

In China:

Mr. Tom Gurnee
Chief Financial Officer
Tel: +86 (10) 8588-9390
Email: tom.gurnee@xyre.com

Ms. Helen Zhang
Financial Controller
Tel: +86 (10) 8588-9255
Email: yuan.z@xyre.com

ICR, LLC
In U.S.: +1-646-308-1472
In China: +86 (10) 6583-7511
Email: William.zima@icrinc.com

View in PR Newswire Asia website: Xinyuan Real Estate Co., Ltd. Announces Upcoming Retirement of CFO

Written by asiafreshnews

May 21, 2013 at 9:02 pm

Posted in All releases