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UTStarcom: Trading At 1.3 Times Net Cash And Nearing End Of Transformation Process

2015-04-08 00:19:17| Wireless - Topix.net

New management team's strategic initiatives to transform the underperforming company are starting to bear fruit, with expectations of higher take-up rates for its high margin products in 2015. Company's balanced capital allocation approach and its willingness to return cash to shareholders via share buybacks reduce the risk that it is a value trap.

Tags: of net end times

 

Large MV solar array project nearing completion

2015-03-25 21:56:03| Semiconductors - Topix.net

Large MV solar array project nearing completion Construction brings 100 solar jobs, $1.3 million to $2 million in revenue from local businesses. Check out this story on rgj.com: http://on.rgj.com/1CaYZrH A small portion of this 137-acre solar array project, created in a partnership between Apple and NV Energy on this land adjacent to the NV Energy Fort Churchill Power Plant, seen in the background, is seen Friday from Lux Lane on the south side of the project.

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J&J nearing deal to buy cancer drug maker Pharmacyclics: FT

2015-03-05 03:32:16| Food - Topix.net

Johnson & Johnson is close to buying cancer drug maker Pharmacyclics Inc in the coming days, the Financial Times reported, citing sources. A bid from J&J is expected to value Pharmacyclics near its $17.5 billion market value or at a premium, FT said on Wednesday, citing people familiar with the matter.

Tags: buy deal drug cancer

 

Energy East Pipeline hearing application due date nearing

2015-03-01 17:20:02| Energy - Topix.net

TransCanada Corp. wants to use a combination of existing pipelines and new construction to carry Alberta crude oil 4,600 kilometres across the country to export terminals in Quebec and New Brunswick. The National Energy Board's website says that for people to participate in the hearing process, "you must be directly affected or have relevant information or expertise.

Tags: date due application east

 

Whole Foods Nearing $60 Again: Look Out Below

2015-02-18 12:04:05| Grocery - Topix.net

But I fear investors are making the same mistake they did in 2013 when the stock hit $65 and that this will end poorly. Shares of upscale grocery chain Whole Foods have skyrocketed off of their bottom in the mid-$30s set this summer to trade up near $60.

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