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Durable, Low Pressure Overmolded Backshell Cable Assemblies Available from API Technologies

2014-02-24 05:00:00| Industrial Newsroom - All News for Today

Backshells offer improved reliability and superior strain relief<br /> <br /> Orlando, FL &ndash; API Technologies Corp. (NASDAQ:ATNY), a leading provider of high performance RF/microwave, power and security solutions for critical and high-reliability applications, now offers durable, low pressure overmolded backshells on connector interfaces from its Electromagnetic Integrated Solutions (EIS) product line, the leader in EMI/RFI components and interconnects. This simplified backshell design is ...This story is related to the following:Backshells | Overmolded Cable Assemblies |

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Juniper offers cost cuts, dividend after Elliott pressure

2014-02-21 08:37:00| Telecompaper Headlines

(Telecompaper) Juniper Networks announced plans for significant cost reductions and a major return of capital to shareholders. The company targets a reduction of USD 160 million in operating costs by Q1 2015 compared to Q4 2013, helping it achieve a 25 percent operating margin in 2015. This is an improvement of 580 basis points from 2013. CEO Shaygan Kheradpir will lead a Cost Control Committee, and Juniper hired McKinsey to help with the restructuring. Juniper also committed to return a minimum USD 3 billion to shareholders over the next three years through a combination of share repurchases and dividends. This will include up to USD 2 billion in shares repurchased by Q1 2015, of which USD 1.2 billion under an accelerated buyback starting soon. Juniper will also initiate a quarterly cash dividend of USD 0.10 per share beginning in the third quarter of 2014, with the expectation to increase the dividend over time. The shareholder remuneration will be funded by a combination of existing cash and newly issued debt. Finally, the company announced the appointment of Kevin DeNuccio, a former Cisco executive, and Gary Daichendt, the former CEO of Redback Networks, as new independent directors, while Juniper's own former CEO Kevin Johnson will retire from the board at the end of February. The new strategy follows a review by the company's new CEO as well as pressure from shareholders. Jesse Cohn, portfolio manager at shareholder Elliott Management, welcomed the changes, saying it was "an incredibly positive development". 

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Under pressure, Safeway seeks a buyer

2014-02-21 07:58:38| Grocery - Topix.net

Investors and stock analysts have long been unhappy with Safeway 's financial performance, which led to an attempted hostile takeover last year.

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Cutting pressure regulator

2014-02-21 06:00:00| Nonwovens Industry Breaking News

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Juniper Bows to Elliott's Pressure, Plans $2 Billion Buyback

2014-02-21 05:38:02| Telecom - Topix.net

Juniper Networks Inc., bowing to pressure from activist hedge funds Elliott Management Corp. and Jana Partners LLC, announced plans to return at least $3 billion to shareholders and cut $160 million in expenses.

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