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PepsiCo raises guidance as YTD NA beverages lift continues

2015-10-06 14:17:00| Daily beverage news and comment - from just-drinks.com

PepsiCo has upped its full-year EPS forecast, after reporting a lift in both group and North America Beverages sales in the first nine months of its fiscal year.

Tags: continues guidance lift raises

 

EC raises concerns about Liberty acquisition of Base

2015-10-06 11:25:00| Telecompaper Headlines

(Telecompaper) The European Commission has opened an investigation into the proposed acquisition of Base by Liberty Global, looking to see if it will harm competition. Based on its initial investigation, the Commission has concerns the transaction could lead to higher prices, less choice and less innovative services for customers in the Belgian telecommunications market. The Commission now has 90 working days, until 18 February, to take a decision.

Tags: of base concerns acquisition

 
 

AquantiaA Raises $37 Million in Growth Capital Targeting the Billion ...

2015-10-05 13:10:02| Semiconductors - Topix.net

New investors participating in this round include Credit Suisse's Direct Equity Partners, GLOBALFOUNDRIES, and and currently employs over 160 people. Since its first round of funding in 2005, Aquantia has become a market leader in high-speed Ethernet copper connectivity solutions in data center and enterprise.

Tags: the capital million growth

 

Altice raises USD 8.6 bln for Cablevision, confirms targets

2015-10-01 10:04:00| Telecompaper Headlines

(Telecompaper) Altice said it has successfully priced USD 8.6 billion of new debt in connection with its acquisition of Cablevision Systems. The new debt was split into a USD 3.8 billion 7-year senior secured Term Loan B, a USD 1.0 billion 10-year worth of senior guaranteed notes and USD 3.8 billion worth of 7-year and 10-year senior unsecured notes. Altice confirmed its guidance for achieving medium term EBITDA margin targets of 45 percent at Numericable-SFR and 50 percent at Altice International. It also remains confident in its previously announced medium term operating expenditures related cost savings and synergies targets of EUR 200 million at Portugal Telecom, USD 215 million at Suddenlink and USD 900 million at Cablevision.

Tags: usd targets raises confirms

 

Guru raises stake in Shinhan Financial by more than 600%

2015-10-01 06:28:28| Furniture - Topix.net

Charles Brandes is the chairman of Brandes Investment Partners. He manages a portfolio composed of 195 stocks with a total value of $7.80 billion and the following are his most weighted trades in the last quarter : He reduced his stake in Masco Corp. by 34.23% with an impact of 0.67% on his portfolio.

Tags: than financial raises stake

 

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