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Merck Completes Sale of Consumer Care Business to Bayer AG for $14.2 Billion

2014-10-01 17:30:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. Worldwide Collaboration to Market and Develop Portfolio of Soluble Guanylate Cyclase (sGC) Modulators Commences WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, said today it has completed the previously announced sale of the Merck Consumer Care (MCC) business to Bayer AG. Language: English Contact: MerckMedia:Pamela Eisele, 267-305-3558Steve Cragle, 908-423-3461Investor:Joe Romanelli, 908-423-5185Justin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Brazilian 4G auction raises only BRL 5.85 billion

2014-10-01 09:31:00| Telecompaper Headlines

(Telecompaper) The Brazilian government will receive BRL 5.85 billion from the auction of frequencies in the 700 MHz band for 4G services, well below the BRL 8.0 billion target. Claro Brasil was awarded lot 1, for national coverage, through a bid of BRL 1.947 billion (+1% over the minimum price); TIM Brasil was awarded lot 2, with national coverage, through a bid of BRL 1.928 billion (+1% over the minimum price), while Telefonica/Vivo won lot 3, for the minimum price of BRL 1.927 billion.

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Ford says 2014 profit could be $2 billion lower than estimated

2014-10-01 07:03:06| Automakers - Topix.net

Ford Motor Co. said yesterday that its 2014 profit could be as much as $2 billion lower than earlier estimates.

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Egypt aims to boost electronics industry to LE70 billion by 2020

2014-09-30 15:34:17| Electronics - Topix.net

"By then, 30,000 job opportunities would have been provided in the assembly industries, as well as in the support of establishing 50 companies in the field of system designs, microelectromechanical systems and integrated circuits."

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Hungary raises HUF 130.6 billion in mobile spectrum auction

2014-09-29 14:19:00| Telecompaper Headlines

(Telecompaper) Hungary has raised a total HUF 130.6 billion (EUR 418 million) in the award of mobile spectrum in the 800, 900, 1,800 and 2,600 MHz frequency bands. This will help expand LTE services to new frequency ranges and auction off the remaining lots in the 900 and 1,800 MHz bands. Magyar Telekom will pay HUF 33.2 billion for lot A, including two blocks of paired spectrum in the 800 MHz band and one lot in the 2.6 GHz band. It also acquired two lots of 2x5 MHz in the 1,800 MHz band for respectively HUF 10.4 billion and HUF 15 billion. Telenor Hungary acquired lot B with two paired blocks in the 800 MHz band and one lot in the 2.6 GHz band, for a total HUF 31.7 billion. Vodafone Hungary will pay HUF 27.2 billion for lot C, also with two blocks in the 800 MHz band and one unpaired block of 25 MHz in the 2.6 GHz range. In addition, Vodafone acquired a paired lot in the 2.6 GHz band for HUF 3 billion. The fourth winner was Digi Telecommunications, owner of RCS & RDS in Romania. It will pay HUF 2x5 MHz in the 1,800 MHz band, making it the fourth mobile operator in the country.

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