International Business News - Unit http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An all-black Civil War infantry unit honored in the Oscar-winning movie "Glory" with Denzel Washington is making a real-life comeback. The 54th Massachusetts--praised for a doomed charge in South Carolina in 1863--will become a ceremonial unit for the state's National Guard. A ceremony is scheduled for later Friday at the Massachusetts Statehouse. http://www.ibtimes.com/articles/20081121/all-black-glory-unit-from-civil-war-reactivating.htm Fri, 21 Nov 2008 12:07:22 EST Pfizer Inc., the world's largest drugmaker, said Friday it has launched a new biotechnology research unit focused on developing stem cell-based treatments for a wide range of conditions. http://www.ibtimes.com/articles/20081114/pfizer-opening-unit-to-focus-on-stem-cells.htm Fri, 14 Nov 2008 13:59:09 EST A longtime publishing executive from Time Inc. has been named president of Smithsonian Enterprises, the business arm of Washington's museum and research complex. http://www.ibtimes.com/articles/20081110/smithsonian-appoints-tom-ott-to-lead-business-unit.htm Mon, 10 Nov 2008 18:01:12 EST Shares of oil and gas exploration company Unit Corp. rose Tuesday after the company said its third-quarter profit rose 44 percent as natural gas production boomed to record-high levels. http://www.ibtimes.com/articles/20081104/unit-corp-shares-rise-on-3q-profit-report.htm Tue, 04 Nov 2008 16:45:12 EST Timber company Weyerhaeuser Co. said Wednesday Craig Neeser, president of its Canadian subsidiary, retired. Anne Giardini will replace him as president of the unit, named Weyerhaeuser Co. Ltd. http://www.ibtimes.com/articles/20081008/weyerhaeuser-canadian-unit-president-leaves.htm Wed, 08 Oct 2008 14:30:16 EDT Gold Fields Ltd., a South African gold mining company, said Thursday it has agreed to sell an ore-processing technology unit to Bateman Engineering NV for $8.8 million. http://www.ibtimes.com/articles/20081002/miner-gold-fields-to-sell-units-for-8-8-million.htm Thu, 02 Oct 2008 10:39:09 EDT Mortgage insurer Genworth Financial Inc. said Tuesday that it is considering various strategic alternatives for its U.S. mortgage-insurance business including a possible spin off, sending shares sharply higher in premarket activity. http://www.ibtimes.com/articles/20080930/genworth-reviews-us-mortgage-insurance-business.htm Tue, 30 Sep 2008 09:26:00 EDT Shenandoah Telecommunications Co., a cable and phone company, Thursday said it is looking to sell its Converged Services subsidiary, which provides video, Internet and voice services to off-campus apartment buildings for students. http://www.ibtimes.com/articles/20080918/shenandoah-telecom-to-explore-sale-of-unit.htm Thu, 18 Sep 2008 10:36:29 EDT Build-A-Bear Workshop Inc. said Tuesday it plans to shut down its nine Friends 2B Made stores and the associated product line, which includes make-your-own dolls. http://www.ibtimes.com/articles/20080916/build-a-bear-to-shut-down-friends-2b-made-stores.htm Tue, 16 Sep 2008 09:31:29 EDT Aaron Rents Inc., which sells and rents furniture, said Monday it will sell its Aaron's Corporate Furnishings division to CORT Business Services Corp. for $72 million in cash. http://www.ibtimes.com/articles/20080915/aaron-rents-sells-office-furniture-unit-for-72m.htm Mon, 15 Sep 2008 09:28:32 EDT GigaMedia Ltd. said Thursday that it sold its legacy cable and corporate Internet service provider business to China Network Systems for $20 million in cash plus up to $5 million over the next two years. http://www.ibtimes.com/articles/20080828/gigamedia-unloads-legacy-isp-unit-for-20-million.htm Thu, 28 Aug 2008 08:18:01 EDT Women's apparel retailer AnnTaylor Stores Corp. on Tuesday said the president of its AnnTaylor Stores division, Adrienne Lazarus, is leaving the company. http://www.ibtimes.com/articles/20080812/president-of-ann-taylor-stores-unit-leaves.htm Tue, 12 Aug 2008 10:10:22 EDT Investment manager Blackstone Group LP said Thursday it will form a new business group focused on investments in the cleantech energy sector. The new unit, led by James D. Kiggen, will also provide advice on renewable energy strategies across Blackstone's diverse asset base. http://www.ibtimes.com/articles/20080807/blackstone-starts-cleantech-energy-group.htm Thu, 07 Aug 2008 10:57:54 EDT Monsanto Co. said Wednesday it was looking to divest its Posilac hormone used to increase dairy production in the coming months. The company said it wants to focus on expanding its seeds and traits businesses. http://www.ibtimes.com/articles/20080806/monsanto-planning-to-divest-posilac-dairy-product.htm Wed, 06 Aug 2008 13:04:06 EDT Industrial parts and equipment maker Dover Corp. said Wednesday that it is selling its ATM business to a subsidiary of the South Korean manufacturing conglomerate Hyosung Corp. http://www.ibtimes.com/articles/20080730/dover-to-sell-atm-business-to-south-korean-company.htm Wed, 30 Jul 2008 11:29:21 EDT B/E Aerospace Inc. on Monday completed its purchase of Honeywell International Inc.'s aerospace distribution unit. The deal, announced June 9, valued the unit at about $1.05 billion. The purchase price consisted of $901.4 million cash and six million shares of B/E stock. http://www.ibtimes.com/articles/20080728/b-e-aerospace-completes-purchase-of-honeywell-unit.htm Mon, 28 Jul 2008 12:44:24 EDT Online brokerage E-Trade Financial Corp. on Monday said it will sell its E-Trade Canada unit to Scotiabank for $442 million cash. The sale is part of E-Trade's plan to sell noncore assets at it attempts a turnaround following two straight quarterly losses resulting from bad bets in the mortgage market. http://www.ibtimes.com/articles/20080714/e-trade-financial-sells-canada-unit-to-scotiabank.htm Mon, 14 Jul 2008 17:07:00 EDT General Electric Co. on Friday named Dan Janki the chief financial officer for its GE Energy unit. Janki, 40, GE's former vice president of corporate investor communications, succeeds Tom Saddlemire, who is retiring after 38 years with the company. Janki's promotion is effective Monday. http://www.ibtimes.com/articles/20080711/ge-appoints-dan-janki-as-cfo-for-ge-energy.htm Fri, 11 Jul 2008 13:35:44 EDT Teen apparel retailer Hot Topic Inc. said Wednesday Michael Crooke is no longer president of the company's Hot Topic division, after just a month on the job. http://www.ibtimes.com/articles/20080702/hot-topic-unit-president-leaves-after-a-month.htm Wed, 02 Jul 2008 14:36:02 EDT Concert promoter Live Nation said Monday it promoted Nathan Hubbard to chief executive of the company's new ticketing unit. The new division will manage Live Nation's ticketing Web site. http://www.ibtimes.com/articles/20080630/live-nation-names-ceo-of-new-ticketing-division.htm Mon, 30 Jun 2008 08:56:33 EDT