Gurit has officially inaugurated the new production campus of Red Maple in Taicang/PR China. The new campus more than doubles the shop floor space of Red Maple, the Tooling Business of Gurit, and allows for the development and manufacture of larger, next-generation blade moulds for wind turbines of up to 7 MW. Link: Click Here

SGS is pleased to announce the acquisition of Am'Tech Medical in Sèvres (near Paris), France. Am'Tech Medical is the leading medical devices regulatory control services provider in France since its foundation in 1996. France represents the largest market in regulatory and quality control of radiological devices and is at the vanguard of implementing the European Community Directive 97/43 "Euratom", which aims to protect individuals against exposure to ionizing radiation. Link: Click Here

Metall Zug: In the first half of 2010 the group posted gross sales of CHF 397.8 million, representing a year-on-year increase of 9.1%. All business units increased their operating income (EBIT). Overall, the METALL ZUG GROUP reported operating income of CHF 44.2  million, corresponding to a year-on-year increase of 121.3%. Net income rose by 51.2% to CHF 35.1 million. Link: Click Here

Economy
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De-leveraging, deficits don't spell 'deflation'. Markets have become risk averse. This is illustrated by the (trailing) equity earnings yield less the yield on 10-year Treasuries – the current spread is around 485bp (1.6 standard deviations above its mean, Figure 1). Link: Click Here