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Cree bulks up with $500M credit line; looking for new deals?
2015-01-12 20:50:13| Electronics - Topix.net
Durham LED giant Cree just entered into a $500 million revolving line of credit with Wells Fargo Bank , meaning capital in the coffers for future acquisitions. Already, proceeds of the initial loans were used to repay amounts outstanding under Cree's previous credit agreement with Wells Fargo, with the caveat that additional loans could be used for working capital or future acquisitions, according to a securities filing .
Cree bulks up with $500M credit line; looking for new deals?
2015-01-12 19:06:11| Semiconductors - Topix.net
Durham LED giant Cree just entered into a $500 million revolving line of credit with Wells Fargo Bank , meaning capital in the coffers for future acquisitions. Already, proceeds of the initial loans were used to repay amounts outstanding under Cree's previous credit agreement with Wells Fargo, with the caveat that additional loans could be used for working capital or future acquisitions, according to a securities filing .
Will The iPhone 6S, iPhone 7 Feature An Entirely New Display?
2015-01-12 16:40:41| Electronics - Topix.net
Apple Inc. was very close to releasing an iPhone with an entirely new display in 2014. When GT Advanced Technologies Inc failed to deliver on its promise and filed for bankruptcy , Apple was forced to look elsewhere.
Tags: new
display
feature
iphone
Trinity guardrail study is faulted in new review
2015-01-12 12:28:06| Railroads - Topix.net
A study linking deadly highway crashes to a Trinity Industries Inc. guardrail system was found to have fundamental flaws by independent reviewers brought in after states banned the safety devices. At least 42 states and the District of Columbia have suspended installations of the system, some of them based partly on the study of Trinity's ET-Plus guardrail end terminal, which is designed to absorb the impact of a crash.
Tags: new
review
study
trinity
AnywhereCommerce to Showcase Advanced Mobile Commerce Solutions at NRF Big Show January 11-14 in New York
2015-01-12 11:31:08| Industrial Newsroom - All News for Today
Company teams with Microsoft and HP to feature retail-centric solutions that include tablet POS, end-to-end services, and EMV-certified payment acceptance technology MONTREAL AnywhereCommerce, a global payments technology provider, announced it will exhibit its broad portfolio of mobile commerce technologies at...
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