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Do Organic Farmers Need Special Seeds And Money To Breed Them?
2015-07-02 23:32:10| Biotech - Topix.net
Rearranging veggie genes is big business, and we're not even talking about biotechnology. Private companies and university researchers spend hundreds of millions of dollars every year breeding better genetic varieties of food crops.
Greece needs even more money - IMF
2015-07-02 19:54:52| BBC News | Business | UK Edition
Greece will need an extra 50bn euros over the next three years to stabilise its finances under the existing, disputed bailout plans, the IMF says.
Market Is Not Out Of The Woods Yet - Cramer's Mad Money
2015-07-02 16:01:16| Appliances - Topix.net
"We are not yet out of the woods," said Cramer. While the markets were positive on Wednesday, investors cannot breathe a sigh of relief thinking they are out of the woods.
PayPal to acquire digital money transfer provider Xoom
2015-07-02 09:04:00| Telecompaper Headlines
(Telecompaper) PayPal said it has agreed to acquire Xoom, a digital money transfer provider, for USD 25 per share in cash, bringing the total entreprise value to USD 890 million. The deal, at a 32 percent premium over Xoom's three-month volume-weighted average share price, was unanimously approved by the boards of directors of both companies, as well as the board of PayPal parent eBay. The acquisition will allow PayPal to offer a broader range of services worldwide, increase customer engagement and enter a growing adjacent marketplace, the company said. Xoom is present in 37 countries, and in particular in Mexico, India, the Philippines, China and Brazil. Due to anticipated one-time integration costs, the transaction is expected to be slightly dilutive to PayPal's non-GAAP earnings per share for 2016. PayPal intends to fund the deal with cash on its balance sheet.
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Rima Senvest Ups Its Bet On Axcelis Technologies Inc (ACLS), Should You Follow The Smart Money?
2015-07-02 03:58:16| Semiconductors - Topix.net
Richard Mishaal 's Rima Senvest Management acquired an additional 790,600 shares of Axcelis Technologies Inc , according to a recent filing with the Securities and Exchange Commission. The current holding comprises about 6.0 million shares valued at $18.06 million and represents about 5.29% of the company's outstanding stock.
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