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NEA's Harry Weller on why the firm raises such gigantic funds

2015-02-20 01:31:18| IT Services - Topix.net

That's what New Enterprise Associates general partner Harry Weller told me about the monster venture capital firm's general philosophy regarding the management of its giant funds. What he means by the Rubik's Cube comparison: The firm devotes certain portions of the fund to certain sectors, certain geographies, certain sized companies, as if each were along one axiom of the cube.

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PepsiCo Inc. Raises Dividends: What You Need to Know

2015-02-19 23:07:48| Beverages - Topix.net

Unlike earnings, which can be engineered by management with accounting tricks and assumptions, dividends are paid in cash. They provide a clear and transparent measure of the strength of a business.

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Hormel Foods raises earnings guidance on Q1 profits

2015-02-19 18:01:27| Food - Topix.net

Hormel Foods has raised its forecast for annual earnings on the back of increased profits during the first quarter of its financial year. For the period ended 25 January, net income was up to US$171.7m compared with $153.3m, the US group said today .

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Business app platform K2 raises $100 million

2015-02-19 14:07:21| IT Services - Topix.net

The company started in 2001 and grew as an independent software vendor allied with Microsoft. But all along the plan was to become a full-blown software company, according to Now the company has more than 1,500 customers around the world using its platform to build business applications.

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Scientist raises concerns hostile geoengineering

2015-02-16 15:08:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Senior US climate scientist Professor Alan Robock, from Rutgers University in New Jersey, has expressed concern the geoengineering, manipulating the climate, could be used as a weapon in the future. Geoengineering involves manipulating the climate in order to reduce the negative effect of climate change. Scientists believe there are a number of ways this can be achieved but have warned it could have unintended and unpredictable consequences. Speaking at the annual meeting of the American Association...

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