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Cleco to Be Acquired in $4.7 Billion Deal
2014-10-22 17:58:00| Transmission & Distribution World
Cleco Corp. has entered into a definitive agreement to be acquired by a group of North American long-term infrastructure investors led by Macquarie Infrastructure and Real Assets and British Columbia Investment Management Corp. read more
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cleco
Walgreens CFO Jettisoned After $1 Billion Forecasting Error
2014-10-21 21:38:32| Food - Topix.net
Walgreen Co. CFO Wade Miquelon and another high-ranking executive in the company were let go from their positions after the revelation of a $1 billion projection error affecting the corporation's Medicare-related business.
Tags: error
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cfo
forecasting
IBM to pay $1.5 billion to shed its costly chip division
2014-10-20 21:32:22| Semiconductors - Topix.net
IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division. IBM Director of Research John E. Kelly III said in an interview Monday that handing over control of the semiconductor operations will allow it to grow faster, while IBM continues to invest in and expand its chip research.
Tags: pay
division
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billion
IBM to pay $1.5 billion to shed its costly chip division
2014-10-20 20:34:28| Electronics - Topix.net
IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division. IBM Director of Research John E. Kelly III said in an interview Monday that handing over control of the semiconductor operations will allow it to grow faster, while IBM continues to invest in and expand its chip research.
Tags: pay
division
ibm
billion
IBM dumps chip unit, pays GlobalFoundries $1.5 billion to take the business off its hands
2014-10-20 12:57:00| Extremetech
It's the end of an era -- IBM is paying GlobalFoundries to take over its chip manufacturing and exiting that business altogether. The company will continue to sell and presumably design Power chips in partnership with GlobalFoundries.
Tags: business
unit
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