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PMC sticks with all-cash bid from Skyworks
2015-11-16 15:19:00| Telecompaper Headlines
(Telecompaper) Chipmaker Microsemi gave PMC-Sierra three working days to decide whether its reiterated offer was better than a rival bid from Skyworks and now has its answer. PMC's board has unanimously determined, after receiving the advice of financial advisors and legal counsel, that the Microsemi proposal of 9 November is not superior to its existing agreement with Skyworks in light of stock market volatility exacerbated by recent geopolitical events. The board said Skyworks' all-cash proposal provides more value certainty to PMC stockholders than the stock-and-cash offer from Microsemi. Under the agreement, Skyworks will buy 100 percent of PMC for USD 11.60 per share. The PMC board continues to recommended Skyworks' restated merger agreement and recommends against the Microsemi proposal.
Westport Sticks to Sales in Quarterly Transactions
2015-11-12 01:33:32| Semiconductors - Topix.net
Westport Asset Management 's bottom-up investing approach that combines classic value investment with an eye to future-oriented business analysis has been successful. In 2014, when many investors struggled, Westport produced returns of better than 8%.
Tags: sales
transactions
quarterly
sticks
Dr Pepper Snapple Group sticks to safer plays in M&A - analysis
2015-08-13 18:40:00| Daily beverage news and comment - from just-drinks.com
Long viewed as the safe bet in global soft drinks, Dr Pepper Snapple Group has shown this year that it is not immune from changing consumer trends and product innovation. Yesterday's US$20m splurge is the latest move by the group to keep itself strongly-placed in the years to come.
Free cheese sticks and Jell-O over at Kraft after merger
2015-07-30 23:54:14| Food - Topix.net
The days of free Jell-O and cheese sticks are over for employees at Kraft's headquarters. Photo Credit: Flickr.com After merging this month with Heinz, the combined company rolled out policies aimed at curbing expenses such as travel, electricity and office supplies, according to the contents of a memo reviewed by Bloomberg News.
Tags: free
kraft
cheese
sticks
Nissan's quarterly profit rises 36 pct on cheap yen, US and Europe sales, sticks to forecasts
2015-07-29 14:05:01| Automakers - Topix.net
Nissan's April-June profit jumped 36 per cent as the Japanese automaker benefited from a cheap yen and better sales in the U.S. and Europe. Nissan Motor Co., which makes the March subcompact, Leaf electric car and Infiniti luxury models, reported Wednesday a fiscal first quarter profit of 152.8 billion yen .
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