Solarlite GmbH, based in Duckwitz, Mecklenburg-Western Pomerania, has succeeded in raising a total of ?4.5 million in new capital. Its latest financing round laid the foundation for the company-s continued expansion. Solarlite used this round to convince institutional and private investors of the potential of its solar thermal technology. The commitment of both new and current investors confirms the positive development of the company and the confidence in its management.
The financing
On January 21, 2011, 3U HOLDING AG (ISIN DE0005167902) has completed the share buy-back program, which was launched on July 19, 2010.
By January 21, 2011, a total of 3,117,500 shares with a proportionate amount of the share capital of EUR 3,117,500.00 had been repurchased at an average price of EUR 0.7338 for a total consideration of EUR 2,287,716.80. In addition, 3U HOLDING AG possesses 1,242,240 own shares which it had received within the scope of a settlement with former managers of
1.2011 – Western Digital Corp. (NYSE: WDC) today reported revenue of $2.475 billion, hard-drive unit shipments of 52.2 million and net income of $225 million, or $0.96 per share, for its second fiscal quarter ended Dec. 31, 2010. In the year-ago quarter, the company reported revenue of $2.619 billion, shipped 49.5 million hard drives, and reported net income and earnings per share of $429 million and $1.85, respectively.
The company generated $505 million in cash from operations during t
In 2010 32,280 companies in Germany announced their insolvency. According to the latest survey by the financial information agency Bürgel this means 4.4 percent or 1,482 corporate insolvencies less than during the previous year. ?The current positive development is mainly due to the improved domestic economic activity, the rise in export rates and the recovery of the credit market? the Managing Director of Bürgel, Dr. Norbert Sellin, explained. Whereas the financial crisis will still
