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Apple sells USD 6.5 bln in bonds, puts 2 bln in Mesa centre

2015-02-03 09:32:00| Telecompaper Headlines

(Telecompaper) Apple sold USD 6.5 billion in bonds on 2 February, including a round of 30-year debt that will pay 3.5 percent per year, the Wall Street Journal reported. In April 2013, Apple sold USD 17 billion in bonds, when a 30-year bond yielded about 3.9 percent. Apple's deal is the largest US high-grade corporate-bond sale so far this year, according to S&P Capital IQ LCD. Apple said in the prospectus that it will put proceeds towards general corporate purposes, including share buybacks. The company also announced its intention to invest USD 2 billion in the creation of a new data centre at a facility in Mesa, Arizona, the New York Times reported. The State of Arizona said Apple announced the plans after abandoning plans to produce sapphire materials. GT Advanced Technologies had been contracted to make sapphire screens for iPhones, among other things. After GTAT declared bankruptcy in October, Apple released it latest iPhones without sapphire. Apple said that the multibillion-dollar investment in the Arizona data centre was one of its most significant investments ever, creating 600 engineering and construction jobs. The centre will be partly used as a central command centre for monitoring Apple's other data centres around the world, the company said. The facility measures 1.3 million feet.

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Termination of Centre Agreement

2015-01-28 10:00:00| BIFM News

BIFM announces the termination of the Centre Agreement with The Training and Learning Company (TLC) to deliver its qualifications.

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Macy's to relocate Sacramento centre

2015-01-26 16:55:00| Daily apparel & textile news and comment - from just-style.com

Macy's has revealed plans to relocate its 92,000 sq ft West Sacramento fulfilment centre to a larger facility in Sacramento County to support continued sales growth driven by its omni-channel strategy.

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Macy's to move fulfilment centre to support omnichannel sales

2015-01-26 16:55:00| Daily apparel & textile news and comment - from just-style.com

Macy's has revealed plans to relocate its West Sacramento fulfilment centre to a larger facility in Sacramento County to support continued sales growth driven by its omni-channel strategy.

Tags: support sales move centre

 

New Data Centre Cabinet Meets Most Stringent OPM Seismic Standards

2015-01-23 11:32:27| Industrial Newsroom - All News for Today

CPI's SeismicFrame Cabinet Approved for California's Zone 4 Areas WESTLAKE VILLAGE, California  Chatsworth Products (CPI) recently received the California Office of Statewide Health Planning and Development (OSHPD) Pre-Approval of Manufacturer's Certification (OPM) for the newly released Z4-Series SeismicFrame...

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