Ashmore Assets Under Management Rise in Fourth Quarter

Ashmore Assets Under Management Rise in Fourth Quarter

Ashmore Group, an investment manager focused on emerging markets, said assets under management in its fiscal fourth quarter rose 5% from the previous quarter, driven by gains from its investments and inflows of fresh money from new and existing clients. Estimated assets under management totaled $58.7 billion dollars as of June 30 up from $55.9 billion as of March 31, the company said on Friday on its website. From a […]

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Avino Silver Provides Update On Re-Opening Of British Columbia Gold Mine

Avino Silver Provides Update On Re-Opening Of British Columbia Gold Mine

Avino Silver & Gold Mines, which plans to return the Bralorne Gold Mine in British Columbia to production, Monday reported that a “diamond drill program is being planned for the fall to define the resources for mining purposes and potentially expand the resources.” Avino said it has reviewed potential scenarios for opening the mine, and may drill a new, larger tunnel, due in part to safety issues. Also, Avina said […]

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Lockheed Martin Subsidiary Sikorsky Signs Deal

Lockheed Martin Subsidiary Sikorsky Signs Deal

Lockheed Martin subsidiary Sikorsky Aircraft has signed a five-year contract for 257 H-60 Black Hawk helicopters to be delivered to the U.S. Army and foreign military sales (FMS) customers. The contract value for expected deliveries is approximately $3.8 billion, and includes options for an additional 103 aircraft, with the total contract value potentially reaching $5.2 billion. The deliveries are scheduled to begin in October, and continue through 2022. Meanwhile, Lockheed […]

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Box and Microsoft Expand Partnership

Box and Microsoft Expand Partnership

Box and Microsoft have expanded their partnership offering Box cloud content management with Microsoft’s Azure to enterprise customers. Box will use Azure as a strategic public cloud platform and the companies commit to shared go-to-market investments, including initiatives to co-sell Box with Azure. The partnership will also enable future integration between Azure’s artificial intelligence and machine learning capabilities with Box’s cloud content management platform. The new Box and Azure offering […]

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Western Digital Shares Rise

Western Digital Shares Rise

Western Digital rose to the highest level since mid-2015 after reports said Toshiba is open to talking to Western Digital about the sale of its chip unit but said it did not expect the composition of a preferred bidding group to change before its annual shareholder meeting on June 28. Toshiba earlier this week chose a group led by Bain Capital Private Equity LP, but also supported by government-backed investment […]

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