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United Technologies unveils $12 billion buyback
2015-10-20 15:20:58| Paper - Topix.net
United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.
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unveils
United Technologies unveils $12 billion buyback
2015-10-20 14:56:52| Industrial Machines - Topix.net
United Technologies Corp. Tuesday unveiled a $12 billion share-repurchase plan, partly funded through the sale of its Sikorsky helicopters business, as the company said it continued to face sagging sales in its latest quarter. The Farmington, Conn.-based maker of Pratt & Whitney jet engines, Otis elevators and Carrier air-conditioning equipment reported a 5.6% decline in third-quarter sales amid currency headwinds and engine-delivery delays.
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technologies
billion
unveils
Set-top box market to hit $24 billion by 2022
2015-10-20 13:00:16| Digital TV News
According to Transparency Market Research, the global set-top boxes market is expected to reach a value of US$ 24.00 Bn by 2022. The market is estimated to grow at a CAGR of 6.4% during the forecast period from 2015 to 2022.
VOD to be $263 billion market by 2016
2015-10-19 19:30:31| Digital TV News
The global Video on Demand (VOD) market is expected to reach $263 billion by 2016, up from $207 billion in 2014, fuelled by the rising popularity of on-demand services among consumers and proliferation of internet in emerging nations.
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263 billion
Chipmaker Microsemi offers to buy PMC-Sierra in $2.4 billion deal
2015-10-19 15:47:12| Semiconductors - Topix.net
Chipmaker Microsemi Corp offered to buy PMC-Sierra Inc in a deal valued at about $2.4 billion , trumping Skyworks Solutions Inc's offer of $2 billion. Microsemi's offer of $11.50 per share represents a premium of about 12 percent to PMC-Sierra's Friday close..
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