| Ex-Metlife head takes new post at Tower |
| Post on 04-10-2006. |
The former head of United States insurance giant Metlife's Australian operations as taken up one new post at Trans Tasman insurer Tower Ltd.
Gavin Pearce will take control of Tower Australia Ltd's non-core investment business in early November.
He replaces Grahame Evans, who left the position at Tower several months ago to return to his former employer, financial planning giant Professional Investment Services. ... |
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| Nidec Copal Electronics Announces Tender Offer for Shares of |
| Post on 04-10-2006. |
| The Company, under the new management formed in 2004, is laying the groundwork for future growth with one focus on new market exploration and is active in R&D, marketing, overseas sales networking and production expansion. Presently, the Company's top priority is the creation of new market opportunities for its flagship electronic circuit components, including trimmer potentiometers and switches, and the Company believes entering into one business alliance is one viable option in realizing this objective. ... |
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| 17 West reopening set for next week |
| Post on 04-10-2006. |
Saying "We've made some horrendous mistakes," 17 West owner Myra Seaman said Tuesday that she'll reopen the restaurant next week.
And before that, she said, she'll have paid money owed to vendors and many former employees.
Seaman said the restaurant, closed Aug. 31 when it was seized by the Michigan Department of Treasury for unpaid taxes, will reopen Tuesday. ... |
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| Swiss Re frontrunner for GE UK life operations - analysts |
| Post on 04-10-2006. |
LONDON (AFX) - Swiss Re is thought to be the frontrunner in the race for GE Life, the UK life insurance operation that is being sold by General Electric, with Deutsche Bank also in the running, analysts said.
The Times reported today that GE Life is expected to sell for around 340 mln stg, 40 mln less than original estimates. ... |
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