Profac to handle Lebanon's mail
Article Abstract:
Profac Management Group Ltd., a Canadian company owned by Toronto, Ontario-based Bracknell Corp. and SNC-Lavalin Group Inc., has been awarded with the contract to manage postal service for the Republic of Lebanon. Bracknell President George Ploder noted that Profac will privatize the postal service of Lebanon, establishing a new $20-million company. Under the agreement, Profac Management will control 66.7% of the new firm, with Lebanese investors controlling the remaining shares. Officials with Lebanon's Council for Development and Reconstruction stated the contract with Profac Management involves mail handling, express mail, fax and philately services.
Comment:
Is awarded with contract to manage postal service for the Republic of Lebanon
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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'Intel inside' no longer what counts
Article Abstract:
Leading microprocessor maker Intel Corp of Santa Clara, CA, has strong long-term prospects because of its track record and market dominance. The company reported a 2nd qtr FY99 revenue of $6.7 billion, lower than expected because of increasing sales in low-end chips which give less profit margins than the high-end versions. However, the company continues to benefit from its efficient manufacturing process which enables it produce millions of chips without a flaw. Intel is also planning to diversify into other areas to enhance its product line.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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Gillette aims for the cutting edge
Article Abstract:
Gillette Co., a manufacturer of razor blades and razors headquartered in Boston, MA, is expected by analysts to improve its financial performance due to the introduction of its new razor, called Mach3. Analysts, who have given the company's stock a by recommendation, maintain that the new razor has the potential to propel the firm to greater heights and to solidify its position in the razor market. Gillette has expressed plans to spend up to C$200 million to launch advertising campaign in an effort to promote the newly-introduced razor.
Comment:
Is expected by analysts to improve its financial performance due to the introduction of its new razor, called Mach3
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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