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Apple sells USD 6.5 bln in bonds, puts 2 bln in Mesa centre

2015-02-03 09:32:00| Telecompaper Headlines

(Telecompaper) Apple sold USD 6.5 billion in bonds on 2 February, including a round of 30-year debt that will pay 3.5 percent per year, the Wall Street Journal reported. In April 2013, Apple sold USD 17 billion in bonds, when a 30-year bond yielded about 3.9 percent. Apple's deal is the largest US high-grade corporate-bond sale so far this year, according to S&P Capital IQ LCD. Apple said in the prospectus that it will put proceeds towards general corporate purposes, including share buybacks. The company also announced its intention to invest USD 2 billion in the creation of a new data centre at a facility in Mesa, Arizona, the New York Times reported. The State of Arizona said Apple announced the plans after abandoning plans to produce sapphire materials. GT Advanced Technologies had been contracted to make sapphire screens for iPhones, among other things. After GTAT declared bankruptcy in October, Apple released it latest iPhones without sapphire. Apple said that the multibillion-dollar investment in the Arizona data centre was one of its most significant investments ever, creating 600 engineering and construction jobs. The centre will be partly used as a central command centre for monitoring Apple's other data centres around the world, the company said. The facility measures 1.3 million feet.

Tags: in centre usd apple

 

Lydall Sells Charter Medical

2015-02-03 06:00:00| Nonwovens Industry Breaking News

Company to focus on other core businesses

Tags: medical charter sells lydall

 
 

Shanghai GM sells 4 millionth Chevrolet

2015-02-02 11:55:32| Green Car Congress

Tags: shanghai sells chevrolet millionth

 

Weekly CFO Sells Highlight: Intuitive Surgical Inc, Texas Instruments Inc, Amphenol Corp.

2015-02-02 06:05:32| Semiconductors - Topix.net

On 01/27/2015, SVP and CFO Marshall Mohr sold 5,000 shares at an average price of $511.14. The price of the stock has decreased by 3.26% since.

Tags: instruments texas weekly corp

 

Weekly CEO Sells Highlight: Kimberly-Clark Corp, Regulus Therapeutics Inc, Prologis Inc, and ...

2015-02-02 05:25:11| Paper - Topix.net

According to GuruFocus Insider Data , these are the largest CEO sales during the past week: Kimberly-Clark Corp, Regulus Therapeutics Inc, Prologis Inc, and Adobe Systems Inc. Kimberly-Clark Corp : Chairman of the Board and CEO Thomas J Falk sold 156,488 Shares Chairman of the Board and CEO of Kimberly-Clark Corp Thomas J Falk sold 156,488 shares on 01/27/2015 at an average price of $110.2. Kimberly-Clark Corp was incorporated in Delaware in 1928. Kimberly-clark Corp has a market cap of $43.03 billion; its shares were traded at around $107.96 with a P/E ratio of 26.70 and P/S ratio of 2.32.

Tags: inc weekly corp ceo

 

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