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Forget Food and Fuel: America's Corn Is Worth $125 Billion to This Industry

2015-02-15 17:29:58| Food - Topix.net

Quite a few people have strong opinions about the best use of America's vast corn supply, which totaled over 11.8 billion bushels in 2014 after exports. If you were in charge of deciding the destination for each kernel of corn, how would you allocate production? While the most arguments typically center on the "food vs. fuel" debate, most corn produced in the United States never actually becomes food.

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HSN, Inc. Completes New $1.25 Billion Credit Facility; Declares...

2015-01-28 16:51:21| Apparel - Topix.net

HSN, Inc. Completes New $1.25 Billion Credit Facility; Declares $10.00 Per Share Special Cash Dividend and Announces 4 Million Share Repurchase Program ST. PETERSBURG, Fla., Jan. 28, 2015 -- Interactive multichannel retailer HSN, Inc. announced today that it has entered into a new $1.25 billion five-year credit facility, replacing its existing $600 million credit facility.

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Hyundai Motor executives to sell $1.25 billion stake in logistics affiliate: source

2015-01-12 13:37:04| Automakers - Topix.net

Hyundai Motor Co's chairman and vice chairman are seeking to raise about $1.25 billion by selling shares of Hyundai Glovis, a person familiar with the matter said, a move that could smooth succession in the family-owned conglomerate. The sale could help vice chairman and heir apparent Chung Eui-sun buy stakes in key units such as Hyundai Motor, Kia Motors Corp and Hyundai Mobis Co Ltd, without subjecting Hyundai Glovis to antitrust regulations governing inter-affiliate transactions, company watchers said.

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$1.25 Billion DSS Buy Likely Puts an End to Sale of Cott

2014-11-11 19:51:23| Beverages - Topix.net

"It does diversify them, it does make them substantially larger, but it could make them less buyable than before," said a source familiar with the situation who asked to remain unnamed. Toronto-based Cott announced Nov. 6 that it had struck a deal to buy the parent of Atlanta-based DS Services Holdings Inc., a direct-to-consumer provider of bottled water, office coffee and water filtration services, on a cash-free and debt-free basis.

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Sony's reports $1.25 billion in losses over last quarter

2014-11-02 14:41:02| Electronics - Topix.net

If you only pay attention to Sony's Playstation 4 news, you'd think the company was killing it in sales and sitting in pools of cash as a result. Unfortunately this is not the reality for the Tokyo-based electronics company, who, just like Samsung , had some bad news to share in the month of October.

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