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Alltech, Ridley Agree Merger

2015-04-29 02:00:00| ThePigSite - Industry News

NORTH AMERICA - A merger of two global livestock feed companies has been agreed.

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RTI sales, profit up in 1Q ahead of Alcoa merger

2015-04-28 17:41:21| Industrial Machines - Topix.net

On Tuesday, the Pittsburgh-based company reported net income of $4.5 million, or 15 cents per share, for the three-month period ending March 31. This compares with a loss of $4.2 million, or 13 cents per share, in the first quarter of 2014. Sales for the quarter were $198.5 million, which compares with sales of $174.5 million in the same period a year ago, driven by increases in commercial aerospace and medical device market volumes.

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GreatLand Connections doomed by failed cable merger

2015-04-28 08:39:05| Telecom - Topix.net

Rest in peace, GreatLand Connections Inc. We hardly knew ye. A cable company that would've been the fifth-largest in the U.S., GreatLand was a by-product of Comcast Corp.'s of Time Warner Cable Inc. To help convince regulators to approve the deal, Comcast was going to sell 2.5 million subscribers to the new publicly traded company.

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China's stocks surge on state firm merger hopes

2015-04-28 04:54:49| Oil & Gas - Topix.net

China stocks jumped to fresh seven-year highs on Monday, led by heavyweights such as China Petroleum & Chemical Corp and PetroChina Co Ltd on expectations that Beijing will accelerate mergers among state-owned enterprises . China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing looks to overhaul the vast underperforming state sector, state media reported on Monday.

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Comcast, TWC Merger Collapse Seen as Setback for Wireless Competition

2015-04-28 00:04:27| Wireless - Topix.net

The termination of the planned merger between Comcast Corp. and Time Warner Cable may have dealt a blow to the cable industry's plans to become a stronger Wi-Fi competitor and launch additional wireless services, an analyst said. Comcast last week walked away from the $45.2 billion acquisition of TWC in the face of strong opposition from the U.S. Justice Department and Federal Communications Commission.

Tags: wireless competition collapse merger

 

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