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500 Workers Face Uncertain Future As Six A And P-Owned Locations Remain Unsold, Report Says

2015-10-13 16:50:23| Grocery - Topix.net

Stores in Bergen and Passaic counties have not been bid on after dozens of others have been sold or shut down. The Ramsey Pathmark is one of six North Jersey locations that has yet to pick up a bidder months after the Great Atlantic & Pacific Tea Co.

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Dell buys EMC for USD 67 bln, VMware to remain independent

2015-10-12 16:48:00| Telecompaper Headlines

(Telecompaper) Dell has agreed to buy EMC for an estimated total of USD 67 billion, or USD 33.15 per share in cash. The price is fluid as part of the money will be paid in tracking stock linked to a portion of EMC's stake in VMware. The combination will create the world's largest privately-controlled, integrated technology company, bringing together expertise in digital transformation, software-defined data centre, hybrid cloud, converged infrastructure, mobile and security. It will be a leader in the USD 2 trillion IT market with complementary product portfolios, sales teams and R&D investment strategies. Under the terms of the agreement, EMC shareholders will receive USD 24.05 per share in cash and 0.111 shares of new tracking stock for each EMC share. The amount assumes, for illustrative purposes, a valuation for each share of tracking stock of USD 81.78, the intraday volume-weighted average price for VMware on 7 October. The value of the tracking stock may vary from the market price of VMware given the different characteristics and rights of the two stocks. VMware will remain a publicly-traded company and continue to provide customers software-defined data centre technology, together with its cloud, mobile and desktop offerings.

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Telenet, Proximus remain dominant on Belgian fixed market

2015-10-09 15:45:00| Telecompaper Headlines

(Telecompaper) The Belgian consumer market for fixed services generated revenues of EUR 678 million in the second quarter, with Telenet remaining the largest supplier in terms of both revenues and number of broadband connections, according to Telecompaper's quarterly report about the Belgian fixed consumer market, which came out in September. Telenet reported revenues for fixed services (TV, telephony, internet) in Q2 of EUR 290 million. Proximus (the former incumbent Belgacom) came next with EUR 277 million. Telenet also remains the largest in terms of broadband connections with 1.47 million units. Proximus also comes in second place with nearly 1.34 million connections. The smaller cable operators Voo and Numericable lag behind. Together, they make up 12 percent of the fixed consumer market. Proximus gets about 40 percent of its revenues on the consumer market from fixed broadband and is therefore less dependent than Telenet on the delivery of internet access. Both market leaders have since mid-2013 grown their revenues from broadband to consumers, going to EUR 247 million from 210 million in Q2 2013.

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Feed costs remain affordable for pork producers

2015-10-06 15:41:00| National Hog Farmer

By Michael Langemeier, Purdue University Feed costs are expected to remain at current levels through the end of 2015 and into 2016, keeping the largest expense for hog farmers affordable. read more

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