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International Business Machines Corp. Downgraded to "Sell" at Zacks
2015-09-27 01:36:48| Electronics - Topix.net
According to Zacks, "IBM reported mixed second-quarter 2015 results with earnings beating the Zacks Consensus Estimate while revenues not only missed the consensus mark but also declined year over year. The company reaffirmed its guidance for 2015.
Tags: business
international
sell
machines
International Business Machines Corp. Downgraded to "Sell" at Zacks
2015-09-26 22:20:52| Semiconductors - Topix.net
According to Zacks, "IBM reported mixed second-quarter 2015 results with earnings beating the Zacks Consensus Estimate while revenues not only missed the consensus mark but also declined year over year. The company reaffirmed its guidance for 2015.
Tags: business
international
sell
machines
International Business Machines Corp. Lowered to "Sell" at Zacks
2015-09-16 22:01:38| Electronics - Topix.net
According to Zacks, "IBM reported mixed second-quarter 2015 results with earnings beating the Zacks Consensus Estimate while revenues not only missed the consensus mark but also declined year over year. The company reaffirmed its guidance for 2015.
Tags: business
international
sell
machines
Cisco to sell set-top box business to Technicolor
2015-07-23 09:07:00| Telecompaper Headlines
(Telecompaper) Cisco is exiting the set-top box market and selling its activities to Technicolor for EUR 550 million. Cisco will receive EUR 413 million in cash and EUR 137 million in new Technicolor shares as payment. Technicolor said the takeover will boost its global market share to around 15 percent, with around 60 million devices shipped each year and an installed base of around 290 million STBs and 185 million gateways. As a result of the acquisition, Technicolor's Connected Home segment is expected to more than double revenues to over EUR 3 billion per year and reach over EUR 200 million in annual adjusted EBITDA by the end of 2016. It will also provide a double-digit boost to Technicolor's group earnings. Technicolor expects over EUR 100 million in synergies from the merger, thanks in particular to supply chain and SG&A savings. Along with the acquisition, Technicolor and Cisco agreed to a strategic partnership on development of next-generation video and broadband technologies, including cooperation on Internet of Things products. In addition, they signed a long-term patent cross-licensing agreement. After the transaction has closed, Hilton Romanski, Senior Vice President and Chief Strategy Officer of Cisco, will join Technicolor's board of directors.
BASF to Sell Global Paper Hydrous Kaolin Business to Imerys
2015-06-05 07:00:00| Coatings World Breaking News
Tags: business
paper
sell
global
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