Dutch food firm Vion is evaluating plans for a management buyout of its lamb processing business Welsh Country Foods in Gaerwen, Anglesey, UK, a move which is expected to save up to 350 jobs. Welsh Country Foods was at a risk of closure ...
About 50 new jobs will be created in Yorkshire when Symington’s transfers production of its noodles from China to the UK. Bringing noodles home. Symington’s decision to transfer noodle production from China to the UK will ...
Specialty metal and chemical product producer 5N Plus Inc of Montreal, Quebec, Canada has decided to close its indium antimonide (InSb) manufacturing operations in Trail, British Columbia over the next few months, laying off the 75 staff ...
Tags: 5N Plus, metal and chemical product, InSb manufacturing operations
Michael Dell is facing new opposition to his plan to take his eponymously named company private after "activist investor" Carl Icahn demanded a $15.7bn (£10.4bn) special dividend. The billionaire investor wants to force Dell to pay ...
Tags: Dell, Carl Icahn, company news
Icahn, in a letter made public by the company's board of directors, said the plan to take the company private in a $US24.4 billion ($A23.9 billion) buyout led by founder Michael Dell "is not in the best interests of Dell shareholders and ...
Tags: Icahn, Michael Dell, company news
TORONTO — Sears Canada continued to lose ground in its fiscal fourth quarter as revenue fell 5.0% and same store-store sales decreased 3.8%. Earnings were flat and continued to be driven by factors other than the basics of being a ...
Cisco Systems' acquisition of network optimization vendor Intucell closed just three days before the start of this week's Mobile World Congress, great timing for a deal that is likely to play a big role in Cisco's mobile future. Intucell ...
Tags: Cisco Systems, acquisition, mobile
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
There are still many unknowns about how going private will affect Dell and its customers, but company executives insist that the computer vendor will continue to pursue its latest enterprise strategy no matter what. Earlier this month, ...
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Following a buyout initiated by local management, coordinated by industry veteran Joerg Wieland and supported by a team of European private investors, Albis Optoelectronics AG of Rüschlikon near Zurich, Switzerland (the name by which ...
Tags: Albis Enablence photodetectors, Enablence Technologies, company news
Our Data Loss Prevention Solution Endpoint Protector 4 has made the shortlist in the Best DLP Solution category CLUJ-NAPOCA, ROMANIA, February 20, 2013 /24-7PressRelease/ -- With competitive companies entering and strict judging criteria, ...
Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
IDG News Service - The growing number of shareholders voicing opposition to Dell's US$24.4 billion plan to go private appears to be putting the company increasingly on the defensive, raising questions about the terms of the deal. This is ...
Questions are being raised about the terms of Dell’s $24.4 billion buyout deal, as the number of shareholders voicing opposition to the plan appears to be growing. Dell is now increasingly on the defensive. This is not good news ...
Tags: Dell, buyout deal, shareholder