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Nucor Co. Plans Quarterly Dividend of $0.37
2015-06-06 13:37:40| Steel - Topix.net
Nucor declared a quarterly dividend on Friday, June 5th, Market Beat reports. Investors of record on Tuesday, June 30th will be paid a dividend of 0.3725 per share on Tuesday, August 11th.
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quarterly dividend
Millicom buys 85% stake in Zantel with plans to deploy 4G
2015-06-05 09:18:00| Telecompaper Headlines
(Telecompaper) Millicom has agreed to buy an 85 percent stake in Tanzanian operator Zanzibar Telecom (Zantel) from the Etisalat Group. Under the terms of the agreement, Millicom will pay a total cash consideration of USD 1 dollar and assume total debt obligations of USD 74 million. In addition, Zantel will have up to USD 32 million in net current liabilities at closing. Millicom expects the EBITDA of Zantel to reach USD 25 million through a combination of bringing new products and services to the existing customer base and delivering greater efficiencies. The acquisition agreement allows for an adjustment to the total consideration if that target is not reached by the end of 2019. Millicom intends to retain and continue to operate the Zantel brand, while delivering cash flow growth by leveraging technical and operational efficiencies. The company plans to roll out 4G coverage and access more bandwidth capacity via the undersea fibre optic cable EASSy. Millicom has arranged with a leading international bank, the provision of a USD 100 million 5-year credit facility for Zantel.
Franchise Plans Explained as Two More Join Transformers Writers Room
2015-06-05 03:25:44| Toys - Topix.net
Two more names have been added to Paramount Pictures' planned Transformers writers room as Deadline reports that Black Hawk Down scribe Ken Nolan will join "Black List" screenwriter Geneva Robertson-Dworet in the studio's new approach to the franchise.
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Orange says plans to expand in Morocco, Tunisia
2015-06-04 11:05:00| Telecompaper Headlines
(Telecompaper) French telecom operator Orange wants to expand in North Africa. CEO Stephane Richard said at a news conference in the Egyptian capital Cairo that the expansion would be through new operations in Tunisia and Morocco, Reuters reported.
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Calif lawmakers advance aggressive climate change plans
2015-06-04 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Washington Post: California lawmakers on Wednesday pushed through an ambitious climate change package to further reduce the states carbon footprint and boost the use of renewable energy to 50 percent in 15 years. The state Senate passed proposals to enact Gov. Jerry Browns call to curb greenhouse gas emissions by setting what the administration calls the most aggressive benchmark in North America over the objection of Republicans who characterized such regulation as coastal elitism that would kill working-class...
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