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Councils 'yet to get' broadband cash
2013-06-25 19:38:27| BBC News | Business | UK Edition
A survey of English councils that are commissioning high-speed broadband access in rural areas has found many have yet to receive their share of a 530m government fund.
Top 4 NYSE Stocks In The Machine Tools & Accessories Industry With The Highest Cash
2013-06-25 10:51:32| Appliances - Topix.net
Stanley Black & Decker had $577.80 million in total cash and $4.87 billion in total debt for the latest quarter.
Top 4 Stocks In The Textile Industrial Industry With The Highest Cash
2013-06-20 12:41:46| Paper - Topix.net
Mohawk Industries had $1.12 billion in total cash and $2.31 billion in total debt for the latest quarter.
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Alcatel-Lucent to narrow focus, boost cash under new plan
2013-06-19 09:22:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent's new CEO Michel Combes has announced his strategic plans for the company. Termed 'The Shift Plan', the three-year strategy will re-focus the company on IP networking and ultra-broadband access. Alcatel-Lucent will work more on co-development with partners and customers in these areas and significantly reduce spending on its other product lines. Under the new strategy, certain key businesses in wireless, fixed access and other areas will be managed with a focus on cash generation, in order to open up opportunities for investing in new technologies such as LTE, vectoring and FTTx. Overall the Core Networking activities are expected grow by more than 15 percent, from EUR 6.1 billion in 2012 to over EUR 7 billion in 2015, while the operating margin increases from 2.4 percent to more than 12.5 percent over the same period. Additional cost reductions of EUR 1 billion on SG&A and operational efficiencies are targeted, as well as EUR 1 billion in proceeds from selling assets. The CEO also plans a refinancing of EUR 2 billion debt in the near term, followed by a debt reduction of EUR 2 billion once the Shift Plan has started paying off. Overall the plan is expected to be self-financing, with no need to raise additional debt or capital. Alcatel-Lucent also announced the appointment of Philippe Guillemot, the former CEO of nuclear energy group Areva T&D, as Senior Executive Vice President, Operations.
OKC offering cash towards electric lawn mowers
2013-06-19 00:40:53| Waste Management - Topix.net
Looking for a new lawnmower? The Oklahoma Department of Environmental Quality, along with OSU/OKC and Black and Decker are willing to give you $100 towards the purchase of a new electric mower.
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