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MeadWestvaco Corp. (MWV): Starboard Value Raises Activist Stake to 6%

2014-12-10 23:37:19| Paper - Topix.net

In a new filing with the Securities and Exchange Commission, Jeff Smith 's Starboard Value reported raising its position in MeadWestvaco Corp. . The fund reported holding around 10.09 million shares of the company, up from 9.35 million shares revealed in its latest 13F filing.

Tags: corp raises stake activist

 

Archer Daniels Midland - Shareholders Can Expect Bigger Pay Raises

2014-12-09 10:07:05| Agriculture - Topix.net

The company has indicated that it intends to send more cash to shareholders by increasing its future cash flow from the historic 20-25% to 30-40%. Archer Daniels Midland is one of the largest agricultural processors in the world.

Tags: pay expect bigger shareholders

 
 

Dynamics raises $70M from MasterCard, Canadian Imperial Bank of Commerce

2014-12-08 18:43:46| Grocery - Topix.net

Cheswick-based next generation payment card company Dynamics Inc. announced it has raised $70 million in series C funding from a group of investors that includes MasterCard and Canadian Imperial Bank of Commerce. Existing investors Boston-based Bain Capital Ventures and Sewickley-based Adams Capital Management also participated in the round.

Tags: bank commerce canadian mastercard

 

Tracking miles as gas tax alternative raises fairness, privacy concerns

2014-12-06 22:43:32| Oil & Gas - Topix.net

Evening rush hour on the 110 Freeway in downtown Los Angeles; faced with growing shortfalls in highway funding as drivers give up gas-guzzling cars, California officials are testing the idea of a mileage fee to replace the state tax of 36 cents per gallon. Evening rush hour on the 110 Freeway in downtown Los Angeles; faced with growing shortfalls in highway funding as drivers give up gas-guzzling cars, California officials are testing the idea of a mileage fee to replace the state tax of 36 cents per gallon.

Tags: privacy alternative miles tax

 

Uber Raises $1.2B, Talks Asia Growth

2014-12-05 02:01:13| PC Magazine Software Product Guide

The investments will help Uber expand its services in Asia, among other international locations.

Tags: growth asia talks raises

 

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