For second-quarter 2014, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed ...
Tags: NeoPhotonics PICs, Electrical, Electronics
Abercrombie & Fitch Co. announced that it has initiated a process to refinance its existing credit facilities. The existing credit facilities consist of a $350 million unsecured Revolving Credit Facility maturing July 27, 2016 and a $150 ...
Tags: Abercrombie&Fitch, Apparel, Accessories
Aeropostale, Inc., a mall-based specialty retailer of casual apparel for young women and men, announced that it has entered into definitive agreements with respect to its previously announced strategic partnership and $150 million senior ...
Tags: Aeropostale, casual apparel
GoPro's filing suggests the company is looking to create a social media giant based on the enormous amount of content its more than 8.5 million customers have generated, and it recently entered into an agreement with Microsoft to develop a ...
Tags: Action Camera, GoPro
TreeHouse Foods (THS) today reported first quarter earnings of $0.38 per fully diluted share compared to $0.62 per fully diluted share reported for the first quarter of last year. The Company reported that adjusted earnings per share ...
The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
Sears Holdings Corporation announced that its pro-rata spin-off of Lands' End, Inc. ("Lands' End") from Sears Holdings closed on April 4, 2014. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin ...
Tags: Sears Holdings, Lands'End Business
The U.S. economy grew at a 2.6 percent annual rate in the October-December quarter, slightly more than previously estimated, as consumer spending rose at the fastest pace in three years. The fourth-quarter growth rate was a bit stronger ...
Tags: U.S.economy, BMO Capital Markets
Americans spent more in January, but the increase came from a surgeA transient variation in the current and/or potential at a point in the circuit. in spending on heating bills during the harsh winter. Spending in areas such as autos and ...
Tags: Energy Costs, durable goods
YRC Worldwide Inc. said it has completed $1.15 billion in new financing, including term and asset-backed loans that will reduce borrowing costs by $40 million to $50 million annually and extend debt maturities to 2019. The $700 million ...
Tags: Transportation
Mitel Networks Corporation and Aastra Technologies have finalised their US$374 million merger. Aastra will now fall under the Mitel banner, which now boasts an annual combined revenue of $1.1 billion and 60 million customers worldwide. ...
Tags: Aastra
The Chinese subsidiary of Haikui Seafood AG has successfully signed an agreement regarding the acquisition of land use rights with the local authorities in Dongshan, paving the way for the construction of its new production site. The ...
Tags: Land Use Agreement, Haikui Seafood
One of the world's largest LTL carriers, the financially-troubled YRC Worldwide, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News. Bloomberg News reports the deal, led by Credit Suisse Group AG, includes a ...
Tags: Trucking News, Trucking, Truck Giant
Healthcare Trust of America, Inc. (NYSE: HTA) announced today that it had executed a new $300 million senior unsecured, 4-year term loan (the "New Term Loan"). The New Term Loan replaces the existing $300 million term loan (the "Existing ...
Tags: Healthcare Trust, Unsecured Loan
Food and beverage company WhiteWave Foods has bought Earthbound Farm in a $600m all-cash deal. Earthbound Farm is an organic produce brand in North America. It produces and markets organic fresh fruits and vegetables, frozen fruits and ...
Tags: WhiteWave Foods, Organic Food