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TSMC to raise salaries in 2014, says Chang
2013-11-11 11:09:11| Semiconductors - Topix.net
Taiwan Semiconductor Manufacturing Company is set to raise its employees' base salaries in April 2014, said chairman and CEO Morris Chang at the company's annual sports day on November 9. Chang did not reveal any increase rate.
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UPDATE 3-Alcatel-Lucent seeks to raise $2 bln for recovery drive
2013-11-04 14:43:07| Telecom - Topix.net
Loss-making telecom equipment maker Alcatel-Lucent plans to raise 955 million euros from shareholders and $750 million from a high-yield bond to cut debt and drive what its boss has called a last-ditch effort to save the group.
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Alcatel-Lucent to raise EUR 1.5 bln with rights issue, bonds
2013-11-04 09:53:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent has announced plans to raise fresh capital to strengthen its balance sheet, including a rights issue worth EUR 955 million. Existing shareholders will have the right to buy new shares at EUR 2.10 each, a steep discount to the closing price of EUR 2.97 per share the day before the offering was announced. If the offering is fully subscribed, it will result in the issue of around 460 million new shares, or around a fifth of the current outstanding total. In addition, Alcatel-Lucent announced a high-yield bond offering worth USD 750 million and a new syndicated revolving credit facility of EUR 500 million. The new financing is expected to strengthen the company's equity and provide funding for its ongoing 'Shift Plan' to narrow its operations and restore profitability.
'Raise tuition fees with inflation'
2013-11-01 16:32:03| BBC News | Business | UK Edition
University tuition fees should rise in line with inflation, a university leader has urged.
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Stop & Shop Aims to Raise $2.5 Million for Hunger Relief This Holiday Season
2013-11-01 16:27:13| Grocery - Topix.net
According to FeedingAmerica.org , one in six people in America is at risk of hunger, which is more than 50 million Americans who do not always know where they will get their next meal.
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