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Taiwan GaAs IC Foundry AWSC Announces Stock Buyback
Sep 7, 2016Gallium arsenide (GaAs) IC foundry Advanced Wireless Semiconductor Company (AWSC) of Tainan Science-based Industrial Park, Taiwan has announced plans to repurchase five million shares (3.56% of its outstanding stock) at between NT$36 ...
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Cree Posts Losses Due to LED Business Restructure
Nov 12, 2015Cree, a market leader in LED lighting, announced revenue of US $382 million for its fourth quarter of fiscal 2015, ended June 28, 2015. This represents a 12% decrease compared to revenue of $436 million reported for the fourth quarter of ...
Tags: Cree, LED lighting, Business Restructure
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Cree's Quarterly LED Product Revenue Falls 21% Amidst Restructuring
Aug 17, 2015For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
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CREE Approved of a Restructuring of The LED Products Business
Jun 29, 2015LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
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Rocky Mountain Chocolate Factory Reported Its Operating Results for The Q1 of FY2015
Jul 23, 2014Rocky Mountain Chocolate Factory reported its operating results for the first quarter of FY2015. The Company also announced that its Board of Directors has approved a new 3 million-share stock buyback program. The Company franchises ...
Tags: Chocolate Factory, FY2015, Food
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Apple Shares Fell to $506.51 in Trades Tuesday Afternoon on The Nasdaq Exchange
Feb 8, 2014Activist investor Carl Icahn fired off word on Tuesday that he beefed up his Apple stock holdings by a half-billion dollars as the share price dipped. "Just bought $500 mln more $AAPL shares," Icahn said in a message on Twitter. "My ...
Tags: Apple, buyback, shareholder, AAPL
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Tech Companies Are Hanging Onto Record Amounts of Cash
Sep 4, 2013Tech companies are hanging onto record amounts of cash, and industry watchers want to see more of it reinvested in the companies or distributed to shareholders. FactSet, a financial research firm, tallied all the cash and marketable ...
Tags: Computer Products, software, webservice
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Apple Has Avoided Over $9bn in Us Taxes Through a Debt Deal, Investors Have Estimated
May 6, 2013Apple has avoided over $9bn (£5.8bn) in US taxes through a debt deal, investors have estimated. The firm recently sold $17bn (£11bn) in Apple bonds, the largest offering of this sort in corporate history, with the idea of the ...
Tags: Apple, Computer Products
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Quest Hemocue Diagnostic Products Business Is Introduceed by Radiometer
Apr 11, 2013Danish healthcare company Radiometer Medical has purchased Quest Diagnostics' HemoCue diagnostic products business for $300m plus customary adjustments for cash balances. Quest will use the proceeds to repurchase approximately $300m of ...
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DELL Is Buying Quest Software for $2.4 Billion
Dec 26, 2012Dell announced Monday that it is buying Quest Software for $2.4 billion, following weeks of speculation over its interest in the infrastructure software vendor. The deal is expected to close later this year. Quest's products include the ...
Tags: Dell, Quest Software, interest, infrastructure software vendor
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Intel Raised $6bn by Selling Its Bonds to Assist in Repurchasing Stock
Dec 11, 2012Intel invested about $1.165bn to buy back stocks Chipmaker, Intel, has raised $6bn by selling its bonds to assist in repurchasing stock and use part of it for other business purposes. The firm issued $3bn of 5-year notes at 1.35%, ...
Tags: Intel, Chipmaker, repurchasing stock, back stocks
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GM Has Announced to Buy Back 200 Million Shares of Its Stock Currently Held by The Us
Dec 10, 2012General Motors has announced a plan to buy back 200 million shares of its stock currently held by the US government,purchased as part of a US$49.5 billion government bailout undertaken in the wake of the 2007-2008 global financial crisis. ...
Tags: GM, buy back US government bailout stock, Dan Akerson, stock buyback