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LONDON - Monday, August 12th 2013 [ME NewsWire]

(BUSINESS WIRE) Global brand services agency Tag relaunched today, incorporating the marketing services arm of its parent group Williams Lea. The new combined offering bolsters Tag’s existing design, production and marketing execution capabilities, allowing the company to deliver a powerful combination of creativity and efficiency for its international client base. In addition John Paulson – formerly CEO of the Americas - has been appointed Global CEO of Tag based in New York, and will assume responsibility for the business globally.

Tag manages and implements global communications campaigns for brands and their creative partners, delivering unrivalled control, consistency and speed to market. The launch of its new proposition comes after an in-depth consultation with over 200 clients and 600 employees commissioned after Williams Lea acquired the company eighteen months ago, and will allow its customers to benefit from a wid ... Read more »

DUBLIN - Sunday, August 11th 2013 [ME NewsWire]

    Third quarter net sales of $570 million, up 10.4%, versus prior-year quarter
    Third quarter specialty pharmaceuticals net sales of $309 million rose 21.2%
    Third quarter loss per share of $0.48; excluding specified items, adjusted earnings per share(1) of $0.49
    Three year, $100 million to $125 million restructuring program announced

(BUSINESS WIRE) Mallinckrodt plc (NYSE: MNK), a leading global specialty pharmaceuticals and global medical imaging business, today reported results for the third quarter of fiscal 2013, ended June 28, 2013.

Net sales were $570.0 million for the third fiscal quarter of 2013, an increase of 10.4%, compared with $516.3 million reported in the third quarter of fiscal 2012.

On a non-GAAP basis, adjusted net income(1) for the third fiscal quarter of 2013 was $28.4 million, compared with $50.6 million a yea ... Read more »

TSYS joins Paynet in EMV roll-out initiative in Kenya

COLUMBUS, Ga. & NAIROBI, Kenya - Monday, August 12th 2013 [ME NewsWire]

(BUSINESS WIRE) TSYS® (NYSE: TSS) announced today that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign.

Founded in 2003 and headquartered in Nairobi, Kenya, Paynet has been a TSYS client since 2004. It licenses PRIME 4, the latest version of the TSYS licensed card and merchant management solution, to manage its Visa card portfolio and provide a full range of outsourced front- and back-office card processing and fraud management services for financial institutions across Kenya and East Africa.

Paynet initiated ‘The Great Migration to EMV Chip Card’ campaign to fight card fraud by urging banks and other stakeholders in the region to move toward the higher security EMV Chip debit/credit card standard. The PRIME platform supports ... Read more »