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Tag: nears
Hormel Foods nears deal for Applegate Farms: Reuters
2015-02-13 16:35:00| Food - Topix.net
Hormel Foods Corp is in late-stage talks to acquire Swander Pace -backed Applegate Farms LLC , a privately held producer of organic hot dogs, bacon and sausages, to enhance its branded protein offerings, according to people familiar with the matter. A deal for Applegate Farms could be announced as early as next week and value the Bridgewater, New Jersey-based company at between $600 million and $1 billion, the people said, asking not to be named because the matter is confidential.
Tags: deal
foods
farms
reuters
Tennessee Valley Authority nears first large-scale solar buy
2015-02-13 06:21:39| Energy - Topix.net
The TVA Board on Thursday voted to authorize CEO Bill Johnson to enter into a 20-year contract with NextEra Energy for an 80 megawatt solar facility in northern Alabama that officials said offers the most competitive solar pricing they have seen. The facility will be built near TVA's Colbert Fossil Plant, which TVA is retiring in 2016.
Tags: buy
valley
authority
tennessee
Goodman Fielder profits flat as bid deadline nears
2015-02-11 09:05:14| Food - Topix.net
While earnings fell 54 per cent in baking and 13 per cent in grocery products, EBIT from the New Zealand dairy operations soared 74 per cent and Asia Pacific profits rose 12 per cent. Photo: Peter Morris Bread giant Goodman Fielder will slash prices across a range of its loaves in a bid to avoid deep discounting by supermarkets.
Tags: flat
bid
profits
deadline
Qualcomm nears settlement in China competition case - report
2015-02-09 15:13:00| Telecompaper Headlines
(Telecompaper) Qualcomm is likely to pay China a record fine of around USD 1 billion, ending a 14-month investigation into anti-competitive practices, Reuters reports. The US-based chipmaker and the Chinese regulator made significant progress during talks in the past week and a settlement could be announced in the coming days, an unnamed source told the news agency. The deal may also see Qualcomm lower its royalty rates by around a third on patents used in China. China's National Development and Reform Commission (NDRC) will soon release a new antitrust settlement, said Xu Kunlin, the head of the agency's antitrust division, at a law conference 09 February, according to an article posted on the website of the official Securities Times. "Qualcomm will be fined several times the total amount the NDRC fined last year," he said. A Qualcomm spokeswoman declined to comment.
Tags: report
case
china
competition
Idaho's Only Passenger Rail Station Nears Opening
2015-02-05 03:37:11| Railroads - Topix.net
Jeff Marshall doesn't mince words. Standing in the former waiting room of the 99-year-old Sandpoint train depot, he looks at cracked plaster walls, cobwebs and dusty benches.
Tags: opening
station
rail
passenger
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