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Micron to Pay $4 Billion for Remaining Stake in Inotera

2015-12-15 02:51:15| Semiconductors - Topix.net

Memory chip vendor Micron Technology Inc. said Monday it signed an agreement to acquire the remaining interest in Inotera Memories Inc., its Taiwanese DRAM joint venture with Nanya Technology Corp., for about $4 billion. Micron already owns roughly 33% of Inotera.

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Mason Hawkins Increases FedEx Stake by 25%

2015-12-15 01:12:02| Air Courier - Topix.net

Mason Hawkins is primarily a value investor similar to Benjamin Graham and Philip Fisher. These legendary gurus look for businesses with good management, good people, and companies that sell for deep discounts significantly less than their intrinsic value.

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Ornua divests majority stake in DPI Speciality Foods

2015-12-15 01:00:00| Food Processing Technology

Ornua, the erstwhile Irish Dairy Board, has divested its majority stake in DPI Speciality Foods, a speciality foods distributor in the US, to Chicago-based Arbor Investments.

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ADM Reaches Agreement to Purchase 50% Stake in Medsofts Group in Cairo, Egypt

2015-12-14 23:05:24| Agriculture - Topix.net

Chicago, IL - Archer Daniels Midland Company announced today that it has reached an agreement to purchase a 50 percent stake in Cairo-based Medsofts Group. The new 50-50 joint venture will own and manage merchandising and supply chain operations, including: a An international merchandising operation that handles more than 1.5 million metric tons of grains, oilseeds and soft commodities annually destined for the Middle East and North Africa; In addition, the joint venture will own a 50 percent share of Nile Stevedoring & Storage Co.

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Palo Capital Has $1,351,000 Stake in United Parcel Service, Inc.

2015-12-14 23:01:46| Air Courier - Topix.net

Palo Capital held its position in United Parcel Service, Inc. during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The hedge fund owned 13,690 shares of the company's stock at the end of the third quarter.

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