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US: Firms caught smuggling unsafe children's products
2013-06-19 13:52:00| Daily apparel & textile news and comment - from just-style.com
Three Florida-based corporations and their management have been sentenced for smuggling counterfeit Disney, Marvel and major league baseball merchandise from China.
Tags: products
firms
caught
childrens
Ohio Engineering, Testing Firms Hit With Big DBE-Related Settlement
2013-06-18 23:22:15| ENR.com: Headline News
A whistleblower observed that the purported owner wasn't the owner and eventually collects over half a million dollars.
Tags: big
hit
engineering
testing
Siemens shops NSN stake to private equity firms - report
2013-06-17 08:53:00| Telecompaper Headlines
(Telecompaper) Siemens is sounding out private-equity firms about buying its 50 percent stake in Nokia Siemens Networks, people familiar with the matter told the Wall Street Journal. The German conglomerate has approached a number of buyout funds, including TPG, Blackstone and KKR, to gauge their interest in buying the stake. Another possibility, less likely, is a sale of Siemen's stake in the venture, the report said. Analysts say the entire NSN business, if it were public, could be worth more than EUR 7 billion including debt. Since April each partner in the joint venture is free to explore options for its stake without the risk of a veto from the other party. It was unclear how Nokia would view a possible sale of all or part of NSN to private-equity investors, but according to the WSJ, it is considering buying out Siemens' stake. Nokia has held discussions with Solidium, the Finnish sovereign-wealth fund, which could help it pay for such a deal, people familiar with the matter said.
Tags: report
private
shops
equity
Semiconductor firms expect strong Q3 growth
2013-06-17 01:13:20| Semiconductors - Topix.net
Going into the third quarter, which is traditionally considered the boom season in the semiconductor industry, many firms in the industry have recently expressed optimism about performance for the next couple of months.
Tags: strong
growth
expect
firms
Thousand of firms reportedly swap data with U.S. agencies
2013-06-14 08:25:40| CNET News.com
Rather than information about than customers' private communications, thousands of companies are providing intelligence organizations with data such as equipment specifications, sources tell Bloomberg. [Read more]
Tags: data
agencies
firms
thousand
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