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InterDigital Announces Conversion Rate Adjustment to 2.50% Senior Convertible Notes due 2016

2015-07-06 23:44:50| Electronics - Topix.net

InterDigital, Inc. announced today an adjustment to the conversion rate applicable to its 2.50% Senior Convertible Notes due 2016 . In connection with the Company's third quarter 2015 regular dividend of $0.20 per share, the conversion rate for the 2016 Notes increased to 18.1426 shares of common stock per $1,000 principal amount effective July 6, 2015, the ex-dividend date for the regular quarterly dividend.

Tags: due rate notes senior

 

InterDigital Announces Conversion Rate Adjustment to 2.50% Senior Convertible Notes due 2016

2015-07-06 23:14:55| Telecom - Topix.net

InterDigital, Inc. announced today an adjustment to the conversion rate applicable to its 2.50% Senior Convertible Notes due 2016 . In connection with the Company's third quarter 2015 regular dividend of $0.20 per share, the conversion rate for the 2016 Notes increased to 18.1426 shares of common stock per $1,000 principal amount effective July 6, 2015, the ex-dividend date for the regular quarterly dividend.

Tags: due rate notes senior

 
 

PUC approves big changes in state's electricity rate system

2015-07-03 21:38:40| Energy - Topix.net

State regulators brushed aside pleas by low-income residents in the Bay Area to shield them from painful rate increases for electricity and approved on Friday an array of far-reaching changes for how much people pay for power in California, including PG&E's customers. The new system is expected to raise rates for low-usage and low-income customers, and potentially reduce rates for the highest-usage customers.

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Budget, rate cut fails to boost spending

2015-07-03 10:44:35| Automakers - Topix.net

The May interest rate cut and federal budget measures to loosen small business pursestrings failed to provide a significant boost to retail spending in the month. Australian retail spending rose 0.3 per cent in May, official figures show, short of economists' expectations of a 0.5 per cent rise.

Tags: rate cut budget spending

 

U.S. employers add 223,000 jobs; jobless rate falls to 5.3%

2015-07-02 15:39:24| Auto Dealers - Topix.net

Sophia Lewis, left, with PSEG Long Island, speaks to an attendee at a Citi Field job fair in New York on June 30. Sophia Lewis, left, with PSEG Long Island, speaks to an attendee at a Citi Field job fair in New York on June 30. U.S. employers added a solid 223,000 jobs in June, and the unemployment rate fell to 5.3 percent, a seven-year low. The numbers reflect a job market moving close to full health and raise expectations that the Federal Reserve will start raising interest rates as early as September.

Tags: add jobs rate falls

 

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