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Why consumer storage companies are salivating over the enterprise

2015-01-01 14:51:30| Semiconductors - Topix.net

Storage companies best known for providing memory cards for smartphones and cameras are increasingly using their scale and knowhow to come to a data center near you. SanDisk is best known for its memory cards, Flash music players and solid-state drives for consumers.

Tags: the companies storage consumer

 

Oil companies put up $200,000 to fight La Habra Heights anti-oil measure

2015-01-01 05:50:48| Oil & Gas - Topix.net

LA HABRA HEIGHTS >> A political action committee representing statewide oil companies has given $200,000 to fight an anti-oil initiative that will be on the March 3 ballot in this community of less than 4,000 voters. Measure A would ban the drilling of any new oil and gas wells, the reactivation of old wells and certain treatments to enhance oil or gas drilling.

Tags: put companies oil measure

 
 

Companies tap Hong Kong share market for US$66b in best year since 2010

2014-12-31 00:41:48| IT Services - Topix.net

Companies sell US$65.7 billion in shares this year, while dim sum debt issuance soars to US$53.6 billion as mainland financial firms lead way Wang Jianlin, CEO of Dalian Wanda Commercial Properties, opens trading during the company's IPO at the Hong Kong stock exchange on December 23. Photo: AFP Hong Kong's equity market notched up its biggest year for fundraising since 2010, with companies netting US$65.7 billion, an increase of 41.2 per cent on last year, according to data from Thomson Reuters. Not far behind, the market for yuan-denominated, or dim sum, bonds reached US$53.6 billion, a year-on-year growth of 76.3 per cent, driven by mainland financial institutions as they raised capital for offshore operations.

Tags: year since share market

 

Engine Capital says together the companies could rival eBay enterprise unit.

2014-12-30 19:17:32| Logistics - Topix.net

"As a result of the stock appreciation of PFSW and the stock decline of SPDC over the past 12 months, the Ebitda multiples of both companies have now converged to a point where a combination of both companies is doable," Engine managing partner Arnaud Ajdler wrote in a letter to the boards of both companies made public on Monday. "The historical reason for not merging the companies is no longer an obstacle."

Tags: companies capital engine unit

 

Deep Dive: Maybe Carl Icahn should try to break up these companies too

2014-12-30 16:16:26| Appliances - Topix.net

The five-year chart for National Presto Industries is particularly ugly. The company manufactures small appliances, bullets and adult diapers.

Tags: up too companies break

 

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