Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell business as a new publicly traded company called ...
Tags: Vista Outdoor, Sporting Goods
For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Rock-Tenn Company has collaborated with US-based global packaging company MeadWestvaco Corporation (MWV) to create a combined company of packaging (NewCo) in a transaction with an equity value of $16 billion. Under the terms of the ...
Family Dollar Stores said based on a preliminary count of the votes cast at its special meeting of stockholders, its shareholders voted to approve the proposed merger with Dollar Tree. “Based on preliminary count, around 84 million ...
Tags: stockholders, votes cast, Apparel
For fiscal first-quarter 2015 (to end-November 2014), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.9m, down 15% on $3.4m a year ago but up 29% on $2.3m last quarter, due to both design wins in ...
Tags: LED components, LED chip, Electrical
RF Micro Devices Inc of Greensboro, NC, USA and fellow RF component maker TriQuint Semiconductor Inc of Hillsboro, OR, USA have requested that The NASDAQ Stock Market LLC suspends trading and delists RFMD and TQNT common stock in connection ...
Tags: reporting obligations, Electrical
The Cutrale and Safra Group has extended its previously announced tender offer for the acquisition of US-based banana producer Chiquita Brands International until 12:00 midnight, New York City time, at the end of the day on January 5, 2015. ...
Tags: farming, processing, technology, sourcing, Agriculture
The Cutrale and Safra Groups announced that the previously announced tender offer by its affiliate, Cavendish Acquisition Corporation, for all outstanding shares of common stock of Chiquita Brands International at a price of $14.50 per ...
Tags: antitrust laws, Agriculture
SemiLEDs, a developer and manufacturer of LED chips and LED components, has announced it has entered into a definitive common stock purchase agreement with XiaoQing Han, chairman and CEO of Beijing XiaoQing Environmental Protection Group. ...
Tags: LED chips, LED components, Lights
Koch Optics Inc, a subsidiary of Koch Industries Inc of Wichita, KS, USA, has completed its tender offer to purchase all issued and outstanding shares of common stock of optical communications component, module and subsystem maker Oplink ...
Tags: Koch Industries, Oplink
GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has entered into an amended and restated rights agreement to extend the expiration ...
Tags: stockholder rights, Electrical
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: AK Steel, Furnace Outage
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: expenses pertaining, shipment, Metallurgy
Revenue at yoga inspired athletic apparel marketer, Lululemon Athletica Inc climbed in double digits, year on year for the third quarter ended November 2, 2014. For the third quarter of 2014, net sales rose 10 per cent to $419.4 million ...
Lululemon Athletica Inc. reported net revenue increased 10 percent to $419.4 million for the third quarter ended Nov. 2, from $379.9 million in the third quarter of fiscal 2013. The retailer, which is fending off growing competition in the ...