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Peltz's Trian Launches Proxy Fight in Quest to Break Up DuPont

2015-01-09 17:27:44| Appliances - Topix.net

Nelson Peltz's Trian Fund Management LP is taking its fight for influence at E. I. du Pont de Nemours and Co. Trian, owner of about 2.7% of DuPont, has been campaigning to split the company for nearly two years.

Tags: up break fight quest

 

New mobile payment contender looms as Rocket and PLDT team up

2015-01-06 12:41:04| IT Services - Topix.net

A few months before its lukewarm IPO late last year, Germany's Rocket Internet took a $446 million investment from the Philippine Long Distance Telephone Company , the largest telecoms operator in the Philippines. At the time, Rocket and PLDT said they were going to work together on mobile and online payment technologies - and now we know more about that arrangement.

Tags: up team mobile payment

 
 

Meeting in Cheyenne as region's oil drilling picks up

2015-01-05 23:35:31| Waste Management - Topix.net

People worried about booming oil development in the Cheyenne area will get a chance to air their concerns with state regulators and oil industry officials. Agencies including the Wyoming Department of Environmental Quality and companies including EOG Resources have scheduled a public meeting on the oil boom Thursday in Cheyenne.

Tags: up meeting oil regions

 

Piedmont Natural Gas plans equity sales as capital projects ramp up

2015-01-05 22:31:55| Energy - Topix.net

Karl Newlin, CFO of Piedmont Natural Gas, says the company will sell up to $170 million worth of equity through 2016. Piedmont Natural Gas plans to sell additional equity and raise debt over the next two years to pay for major capital spending projects and maintain its debt-to-equity ratio.

Tags: up sales natural capital

 

New GM/Tula DSF cylinder deactivation technology could boost fuel efficiency in engines by up to 15%

2015-01-05 20:55:26| Green Car Congress

Tags: to up technology efficiency

 

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