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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.

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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.

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NZ ups copper wholesale price due to 'unique' local loop network

2015-07-02 02:00:00| Total Telecom industry news

Commerce Commission rejects Spark's campaign for lower rates in latest draft decision; Chorus still lobbying for higher prices.

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Fresh talks due on new Greek bailout

2015-07-01 10:49:46| BBC News | Business | UK Edition

Eurozone ministers are to discuss a Greek request for a new two-year bailout, hours after it became the only EU economy to miss a crucial IMF debt payment.

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GM sees $600 million expense due to currency swings in Venezuela

2015-07-01 09:49:37| Automakers - Topix.net

The largest US automaker and the third biggest in the world, General Motors, has recently announced it would incur a pre-tax charge of around $600 million because of currency devaluation in Venezuela. The move shows automakers are once more in jeopardy if they operate in the South American country, with GM's "re-measurement" being for the automotive cost of sales in the troubled economy during the second quarter of the year, according to a company filling with the US Securities Exchange Commission.

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