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Tag: exit
LG Electronics exit suggests end is near for plasma TVs
2014-10-28 15:28:51| Electronics - Topix.net
South Korea's LG Electronics Inc said it will wind down its plasma television business by end-November, as a technology long overtaken by liquid crystal display takes one step closer to its demise. LG Electronics said in a regulatory filing on Tuesday that the decision reflects a decline in demand for plasma TVs, with the business accounting for 2.4 percent of its 2013 annual revenue.
Tags: end
electronics
suggests
exit
AES dumps its stake in Turkish joint venture, continuing its exit from overseas operations
2014-10-13 16:26:30| Energy - Topix.net
AES is selling its stake in a Turkish joint venture for $125 million as the Virginia utility continues its retreat from overseas markets. CEO Andres Gluski said that the sale is part of the company's strategy to streamline its portfolio and exit markets where it doesn't hold a competitive advantage.
Tags: operations
joint
exit
continuing
Canadian wax supplier denied early exit from Kellogg v. Flexible Packaging Corp. court case
2014-10-07 22:32:43| Food - Topix.net
A US federal court has denied The International Group's motion for summary judgment in a case alleging the wax maker and FPC provided Kellogg with non-merchantable cereal bags. Kellogg Company filed a lawsuit in a Michigan federal court against the Canadian packaging company in 2011, over allegations its tainted packaging cost the food giant millions of dollars and forced it to issue a nationwide recall of breakfast cereals.
Canadian wax supplier denied early exit from Kellogg v. Flexible Packaging Corp. court case
2014-10-07 21:00:17| Agriculture - Topix.net
A US federal court has denied The International Group's motion for summary judgment in a case alleging the wax maker and FPC provided Kellogg with non-merchantable cereal bags. Kellogg Company filed a lawsuit in a Michigan federal court against the Canadian packaging company in 2011, over allegations its tainted packaging cost the food giant millions of dollars and forced it to issue a nationwide recall of breakfast cereals.
Oil giant considers North Sea exit
2014-10-06 06:43:47| Oil & Gas - Topix.net
THE North Sea oil industry has been thrown into turmoil after a major US firm revealed it may pull out of the UK, selling off its significant reserves. THE North Sea oil industry has been thrown into turmoil after a major US firm revealed it may pull out of the UK, selling off its significant reserves.
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