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Company’s ‘Intelligent Transformation’ firmly establishes Lenovo as global, end-to-end tech leader; strong business performance reinforces 3-wave strategy’s impact on results

    Quarterly performance continues to validate Lenovo’s strategy with Q1 revenue up 19% YOY to US$11.91 billion; second consecutive, double-digit quarterly growth and profitability improvement across all business units
    Q1 PTI continues strong momentum, growing to US$113 million, up US$182 million from last year’s Q1, and up US$76 million sequentially
    Q1 profit attributable to equity holders grows to US$77 million, up US$149 million from last year’s Q1

(BUSINESS WIRE)-- Lenovo Group (HKSE: 0992) (PINK SHEETS: LNVGY) today announced results for its first fiscal quarter ended June 30, 2018. For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Gr ... Read more »

HAMILTON, Bermuda-Thursday 23 August 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Rating agency A.M. Best has reaffirmed the financial strength rating of A- (Excellent) with a positive outlook for International General Insurance Co. Ltd (IGI Bermuda) and International General Insurance Company (UK) Limited (IGI UK), the global specialist commercial insurer and reinsurer.

A.M. Best said the positive outlook reflects “IGI’s record of strong operating results, driven by generally robust underwriting profitability and stable investment income”.

The rating agency also said IGI’s balance sheet strength assessment was underpinned by its risk-adjusted capitalisation being at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR).

In addition, A.M. Best praised IGI’s Enterprise Risk Management (ERM) framework, calling it “well-developed” and its risk management capabilities “aligned appropriately ... Read more »

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HOUSTON-Thursday 23 August 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Schlumberger Limited (NYSE:SLB) will hold a conference call on October 19, 2018 to discuss the results for the third quarter ending September 30, 2018.

The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.

To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.”

A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be a ... Read more »

TOKYO-Thursday 23 August 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The global jewellery industry has its eyes on a new Japanese innovation - lab-grown diamonds which are chemically, physically and optically identical to natural diamonds.

Pure Diamond Lab, a Tokyo-based company, is able to cultivate diamonds which have identical qualities of natural-occurring ones and therefore qualify to be certified by the GIA (Gemological Institution of America). These diamonds are grown in a controlled environment of the company’s laboratories using pure carbon material, giving birth to a breed of ‘flawless’ lab-grown diamonds which exhibit optical properties superior to natural ones.

Diamonds can be cultivated in a wide spectrum of colours including ones that do not occur naturally, which could instantly overturn the market of, for example, extremely rare red and blue diamonds. De Beers Jewelry, a jewellery maker with approximately 30% share in the global d ... Read more »

MONTREAL -Thursday 23 August 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Dynacor Gold Mines Inc. (TSX: DNG) (OTC: DNGDF) (Dynacor or the Corporation) is pleased to announce today that its Board of Directors (Board) has approved the initiation of quarterly cash dividends to its shareholders and the declaration of the first cash dividend in the company's history. The dividend of CAD$ 0.01 per common share, is payable on October 1, 2018 to shareholders of record on September 20, 2018.

Dynacor is one of the largest ore purchasing processors in Peru. With its new ore processing facility operating at near full capacity, the Corporation is forecasting 2018 to be its best year on record. Dynacor’s stable business model is proven to withstand the volatility of the gold price. The Corporation is free of debt, in a healthy financial situation and working towards its 30th consecutive quarter of profits.

President and CEO Jean Martineau states, “Our team has wor ... Read more »