JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
Whenever Nasser Edeeb visits Switzerland, which the 44-year-old businessman from Libya does with some frequency, there are two products he likes to pick up. The first are Swatch watches (for family, friends, himself), the second iPhones (if ...
Tags: Luxury Watch, Watch
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
The UK food and beverage industry leads in having energy management goals planned for the next five years, with 64% considering to increase their investment in the next 12 months. Approximately 70% of the food and beverage companies ...
Tags: Beverage, Energy Management Measures, beverage industry
As part of the agreement, Cree will invest approximately $83 million to purchase 83 million Lextar shares at a price of NT$30 per share. Lextar and Cree will also enter into a long-term LED chip supply agreement, as well as a ...
Tags: Cree, Lextar, LED Cooperation
LORD Corporation has announced the recipients of the 2014 President’s Circle Award. The inductees to the President’s Circle are Jim Nietupski, Key Account Manager, Sales & Marketing, Aerospace & Defense Eastern Regional Sales; ...
Tags: LORD Corporation, Award, Construction
Burger King has confirmed the acquisition of Tim Hortons, the Canadian coffee and doughnut chain, for about $11bn, following an approval from the boards of directors of both companies. The deal will create the world's third-largest ...
Tags: Burger King, Acquisition, Food
Lextar Electronics Corp of Hsinchu Science Park, Taiwan (a vertically integrated manufacturer of high-brightness LED epitaxy, chips and packages, as well as smart lighting products) and LED chip, lamp and lighting fixture maker Cree Inc of ...
Tags: Cree, Taiwanese LED Maker Lextar, Electrical
Cree and Taiwanese LED firm Lextar Electronics have entered into a supply agreement for sapphire-based LED chips. As part of the agreement, Cree will invest approximately $83 million (50.1 million) to purchase 83 million Lextar shares. The ...
Consumer goods suppliers continue to report growing business challenges. Yes, money is tight and market conditions are changing. But a new report from Honeywell has found that millions of dollars can be saved by evaluating and improving ...
Tags: Suppliers, Challenges, Packaging
The board of directors of Macy's, Inc. declared a regular quarterly dividend of 31.25 cents per share on Macy's common stock, payable October 1, 2014, to shareholders of record at the close of business on September 15, 2014. Macy's, Inc., ...
Tags: Macy's, 31.25 Cents/Share, Apparel
Dollar General reaffirmed its commitment to acquisition of Family Dollar, confident that it can quickly and effectively address any potential antitrust issues and reiterated that its existing proposal provides superior valuation to Family ...
Tags: Dollar General, Family Dollar, Apparel
The Board of Directors of Carter’s, Inc. declared a quarterly dividend of $0.19 per share, payable on September 12, 2014, to shareholders of record at the close of business on September 2, 2014. Future declarations of quarterly ...
Tags: Carter's, $0.19/Share, Apparel
Ross Stores, Inc. announced that the Company's Board of Directors declared a regular quarterly cash dividend of $.20 per common share, payable on September 30, 2014 to stockholders of record as of September 5, 2014. Ross Stores, Inc. is ...
Tags: Ross Stores, $.20/Share, Apparel
The Board of Directors of NYSE-listed Family Dollar Stores, Inc. has recommended support of merger agreement with Dollar Tree, while unanimously rejecting the non-binding proposal made by Dollar General Corporation citing antitrust ...
Tags: Family Dollar Stores, Dollar Tree, Apparel