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Level 3, tw telecom deal clears FCC and stockholder approvals

2014-10-29 18:58:31| Telecom - Topix.net

Level 3 Communications cleared two major decisions in its move to acquire tw telecom, announcing that both the FCC and the stockholders of both companies have approved its acquisition of the competitive provider. During the tw telecom stockholder's meeting, 86.2 percent of the tw telecom shares outstanding were voted in favor of the adoption of the merger agreement between tw telecom and Level 3. Likewise, at the Level 3 stockholders' meeting, 99.7 percent of the Level 3 shares voting at the meeting were voted in favor of the issuance of shares of Level 3 common stock to tw telecom stockholders in the acquisition.

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SMIC, ASML ink volume purchase deal

2014-10-29 01:01:54| Semiconductors - Topix.net

Semiconductor Manufacturing International Corp., which claims to be the largest and most advanced pure-play foundry provider in China, and with lithography systems from ASML. The deal is part of a strategic partnership between the companies that will help ease the expansion of SMIC's advanced technology capacities.

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Pfizer refuses to rule out tax deal

2014-10-28 20:09:42| BBC News | Business | UK Edition

US drug giant Pfizer refuses to rule out an acquisition that would help it lower its tax bill, after a deal for the UK's AstraZeneca fell through.

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UFCW announces deal with Save Mart

2014-10-28 15:54:48| Grocery - Topix.net

The contract would conclude more than a year of negotiations and would affect approximately 5,500 union members at 110 Save Mart, S-Mart and Lucky stores. The "model" Save Mart contract "provides top wages and the finest health care and pension benefits in the grocery industry," Jacques Loveall , president of UFCW 8-Golden State, said in a statement.

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IPCC report is roadmap to Paris climate deal Pachauri

2014-10-28 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Scientists and delegates from more than 100 governments are meeting in Copenhagen this week to thrash out the definitive round-up of climate science. By the end of the week, they will have approved the final building block of the UN climate panels fifth assessment report a 100-page document bringing together five reports released over the last six years on the state of the worlds climate. Rajendra Pachauri, chair of the Intergovernmental Panel on Climate Change since 2002, told delegates...

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