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Koch Brothers Worth $100 Billion Lead Oil Moguls on Rise
2015-02-09 14:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The worlds 400 richest people added $74.7 billion to their collective wealth this week as the U.S. labor market capped the biggest three-month jobs gain in 17 years. Much of the gain was fueled by oil. Brent crude climbed more than 9 percent, adding to an 8.6 percent gain last week. Its still about half the price it was in June. Oils rise pushed the combined net worth of Charles and David Koch, the billionaire brothers who run Wichita, Kansas-based Koch Industries Inc., to $100 billion as...
Haas Tops $1 Billion in Sales
2015-02-08 03:13:56| Industrial Machines - Topix.net
Haas Automation, Inc. , reports that its annual revenues exceeded $1 billion for the first time in company history in 2014 - an increase of more than 11 percent over 2013 - making it the best year ever for America's leading machine tool builder. The company also built more than 14,000 units in 2014 - a 22 percent increase over 2013 and an all-time record - further reinforcing the company's position as a global leader in the CNC machine tool industry.
Australian windfarms face $13 billion wipeout from political impasse
2015-02-08 02:14:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Australia faces a A$17 billion ($13.3 billion) exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes of meeting a self-imposed clean energy target. Some 44 Australian windfarm projects, about half overseas-funded, have been shelved since a new conservative government said it wanted to cut state support for the industry a year ago, with investors and operators saying they are considering either downscaling...
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Zurik: $11 billion later, Louisiana's incentives fail to deliver
2015-02-07 04:53:03| Oil & Gas - Topix.net
The head of one of the nation's biggest energy companies got a $57 million payday. And at least one watchdog thinks Louisiana taxpayers helped fund it.
Microchip Technology Incorporated Announces Pricing Of $1.5 Billion...
2015-02-06 21:04:32| Electronics - Topix.net
The notes will be unsecured obligations of Microchip, and will be subordinated to Microchip's senior debt, including amounts borrowed under its amended credit facility, but will be senior to Microchip's outstanding 2.125% Junior Subordinated Convertible Debentures due 2037 .i 1 2 The notes will bear interest at a rate of 1.625% per year.i 1 2 Interest will be payable semi-annually in arrears on At Microchip's election, the notes are convertible into cash, shares of Microchip's common stock, or a combination thereof, based on an initial base conversion rate of 14.5654 shares of common stock per principal amount of notes, subject to adjustment in certain circumstances.
Tags: technology
pricing
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billion
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