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Tag: billion
ON Semiconductor will buy back $1 billion in stock
2014-12-01 20:13:02| Electronics - Topix.net
Phoenix-based ON Semiconductor announced today it is repurchasing $1 billion worth of its common shares over a four-year time frame.
Home entertainment device sales to reach 2 billion units in 2018
2014-12-01 19:30:06| Digital TV News
According to IE Market Research Corporation (IEMR), the Smart TV segment is experiencing considerable growth globally, increasing at a CAGR of 22.5%. The analyst firm expects sales of Smart TVs to rise to 268 million units sold in 2018.
Tags: home
sales
entertainment
reach
GSK to axe U.S. jobs as part of $1.6 billion cost cuts - sources
2014-11-30 12:50:33| Biotech - Topix.net
GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving programme, sources familiar with the matter said on Sunday. Britain's top drugmaker announced at third-quarter results on Oct. 22 that the new restructuring scheme would save 1 billion pounds in annual costs over three years, but it has yet to tell employees where the axe will fall.
CVC Said to Bid About $2 Billion for Danish Cigar Maker STG
2014-11-28 22:27:22| Appliances - Topix.net
The owners of Scandinavian Tobacco Group A/S, a Danish manufacturer of cigars, are in talks with private-equity firms about a possible sale of the company, people with knowledge of the matter said. CVC Capital Partners Ltd., Rhone Capital LLC and Pamplona Capital Management LLP, are bidding for the Copenhagen-based company, said six people, who asked not to be identified because the talks are private.
Tags: bid
billion
maker
danish
Samsung's Heir Makes Mark With $8 Billion in Proposed Deals
2014-11-27 20:30:14| Chemicals - Topix.net
Lee Jae Yong is putting his stamp on Samsung Group after his father's hospitalization with $8 billion in proposed deals, including a stock buyback. Shares of its electronics company surged.
Tags: makes
mark
deals
proposed
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