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Brown-Forman Raises Expectations After Banner Quarter

2014-03-13 15:06:55| Beverages - Topix.net

Just about every product except Southern Comfort saw at least single-digit revenue growth during the quarter, and many of the company's brands experienced double-digit increases.

Tags: banner quarter expectations raises

 

Bouygues raises offer for SFR

2014-03-13 08:47:00| Telecompaper Headlines

(Telecompaper) French conglomerate Bouygues has submitted an improved offer to Vivendi for SFR. Bouygues lifted its offer by EUR 1 billion, of which EUR 800 million in cash, to a total EUR 11.3 billion in cash and a 43 percent interest in the new entity. This new offer values SFR at EUR 15.5 billion pre-synergies and at nearly EUR 20 billion after factoring in all the synergies, Bouygues said. Under the improved offer, Bouygues' interest in the new entity would be 52 percent versus 49 percent in the previous offer. An IPO of the new company is planned as soon as the merger is completed, offering Vivendi an immediate opportunity to monetise its interest.

Tags: offer raises sfr bouygues

 
 

Old Dominion Raises 1Q Tonnage Prediction

2014-03-11 15:01:44| Trucking - Topix.net

Old Dominion Freight Line Inc. said financial results from February have mean its first-quarter tonnage will grow more than it had previously estimated.

Tags: prediction raises dominion tonnage

 

Total Energy raises dividend 20%; Q4 earnings flat but revenue rises 11%

2014-03-11 14:13:42| Oil & Gas - Topix.net

Total Energy Services Inc. is raising its dividend 20 per cent despite reporting flat earnings in the fourth quarter.

Tags: total energy flat revenue

 

Neal Hunter-backed startup raises $3.5M

2014-03-11 12:27:32| Semiconductors - Topix.net

Novan, which counts Cree founder Neal Hunter and GlaxoSmithKline veteran Bob Ingram among its investors, is fronted by CEO Nate Stasko .

Tags: raises startup neal 35m

 

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