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United Technologies announces reorganization, new presidents

2015-09-10 17:02:15| Industrial Machines - Topix.net

United Technologies Corp. officials have announced a reorganization that includes running subsidiaries Otis Elevator and United Technologies Climate, Controls & Security as stand-alone businesses with new presidents. The Farmington, Connecticut-based aerospace and building systems conglomerate said the moves announced Thursday will sharpen the subsidiaries' focus by creating stronger lines of authority and accountability.

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AMD announces comprehensive graphics reorganization as investor rumors swirl

2015-09-09 19:16:31| Extremetech

AMD has announced a significant reorganization of its graphics business, to streamline it and improve performance. The firm is also rumored to have picked up a new investment partner.

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Alphabet soup: What Googles reorganization means

2015-08-12 21:47:50| Extremetech

Google is reorganizing itself as part of a greater corporate whole. It's spinning off its blue-sky research projects to a parent corporation called Alphabet, while it retains core businesses under the Google brand.

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Telecom Italia weighs reorganization of business unit -Bloomberg

2015-08-05 06:12:29| Telecom - Topix.net

REUTERS: Italy's Telecom Italia SpA is considering merging its OpenAccess business unit that leases its landline network to rivals with its wholesale business to avoid antitrust charges of as much as 4 billion euros , Bloomberg reported on Tuesday. The reorganization plan will be reviewed by the board on Thursday, Bloomberg reported, citing people familiar with the matter.

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UPDATE 2-Shares of Gerdau sink as investors shun reorganization plan

2015-07-15 00:50:08| Steel - Topix.net

Shares of Brazil's Gerdau SA plunged the most in almost four months on Tuesday after the Americas' largest steelmaking group announced plans to spend 1.986 billion reais buying out a number of units as part of a broad reorganization program. Under the plan, Gerdau will buy the remaining stakes it does not yet own in Gerdau Acos Longos SA, Gerdau Acominas SA, Gerdau Acos Especiais SA and Gerdau America Latina Participacoes SA.

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