Brentwood-based investment manager Compass EMP this week launched its ninth and 10th exchange-traded funds — and its first two focused on international investing. Compass, which was acquired earlier this year by an Ohio firm with $36 billion under management, last month also brought to market three other ETFs.
Louisiana-Pacific executives have put in place plans to begin selling a number of their products in the six Middle Eastern countries that make up the Gulf Cooperation Council. The Nashville-based company is particularly focused on marketing its concrete form beams.
Bass Berry & Sims has added another attorney to its Washington, D.C., office's international trade group. Cheryl Palmeri comes to the firm from Sheppard Mullin, where she worked with with Thad McBride, who recently moved to Bass to lead its new international trade team.
“I am thrilled to get to continue working with Cheryl,” said McBride. “Not only does she have the great substantive expertise that clients need, but she is also committed to helping clients find effective, practical solutions to their international trade compliance problems.”
Palmeri focuses on international trade compliance and has represented clients before the State Department’s Directorate of Defense Trade Controls, the Commerce Department's Bureau of Industry and Security and the Department of Justice, among other government bodies.
Cool Springs-based FutureNet Security Solutions could have as much as $100 million worth of work coming its way from the Indian state of Gujarat. Officials there last week signed a memorandum of understanding with Perry Mehta, CEO of FutureNet's parent, which is based in the Motor City and in 2012 acquired what was formerly Universal Safety Response. Crain's Detroit Business has more details.
“It will not be an exclusive (agreement), but one of the reasons we have worked with the (government) is the kind of products we can offer within the defense industry, and there is very limited competition for us in that direction,” he said.
Healthways Inc. has landed a contract with Australian insurance company TAL.
Through the deal, terms of which were not disclosed in a release, Healthways will make available its well-being solutions to TAL's three million members, including assessment tools, improvement plans and educational resources.
According to a release, the incidence of preventable chronic disease and related costs are on the rise in Australia.
"Large insurers on four continents have successfully leveraged Healthways' well-being platform and operational expertise to fuel growth and innovation while managing costs," Ben Leedle, Healthways president and CEO, said in a statement. "By bringing this approach to the life insurance industry in Australia, TAL is at the forefront of a burgeoning global trend recognizing well-being improvement as the path to sustainable lifestyle changes, more productive workforces and stronger communities."
Shares of Healthways (Ticker: HWAY) were down Tuesday afternoon to $18.44. Year to date, they're up 20 percent.
Global call center operator Sitel is building its second facility in Bulgaria, which will house 100 people by the end of next year. The call center in Varna is scheduled to open in February and house German-speaking workers to help with customer service for a telecom client.
POSTDATA: WARRANTY DEEDS