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 ...
New Zealand dairy co-operative Fonterra Co-operative Group Limited and a leading Chinese infant food manufacturer Beingmate have formed a global partnership that will help meet China’s growing demand for infant formula. Fonterra ...
Tags: Fonterra, Infant Food
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
UK-based distributor of protective packaging materials Macfarlane has acquired the entire issued share capital of Network Packaging for about £7.5m. The company has also conditionally raised £3m by placing 8,000,000 shares at ...
Tags: Macfarlane, Packaging
Driven by mattress fabric sales, revenue at NYSE-listed Culp, Inc., one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics rose 8.4 percent in the first fiscal quarter ending August 3, 2014. Net sales ...
Tags: Textile, Mattress Fabrics, Fabrics
RF Micro Devices Inc of Greensboro, NC, USA has announced the preliminary results of its special meeting of shareholders held to approve its agreement and plan of merger and reorganization with RF front-end component maker TriQuint ...
Tags: RFMD TriQuint, Electrical, Electronics
Ever since the policies of electric vehicle promotion are established all over the highly developed countries, battery technologies had become the key to solve the stability issue of the electric vehicles. After the alliance of Tesla and ...
Tags: Auto, Transportation, Car
Womenswear specialty retailer - The Wet Seal will raise $18.5 million by selling shares of its Class A common stock to a limited number of institutional investors in a private placement. Wet Seal said it has entered into a securities ...
Tags: Womenswear, Wet Seal, Apparel
As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
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
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
IKEA GreenTech, an IKEA Group venture capital company, has invested in Design LED Products, a Scottish company that develops LED “light tiles” – LEDs embedded into clear resins and films. The tiles are thin, flexible and ...
Tags: IKEA GreenTech, LED Products, Lights
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 ...
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