One of the key elements in the AR Packaging business plan is to expand in profitable segments where the company has a competitive edge. In 2014, the company communicated the commitment of significant funds for strategic investments. In line with these intentions AR Packaging announces the agreement to acquire the European tobacco, chocolate confectionery and consumer apparel packaging operations from MeadWestvaco Corporation.
Spansion Inc. (NYSE: CODE), a global leader in embedded systems solutions, today announced operating results for its fourth quarter ended December 28, 2014.
SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that the Board of Directors has declared a first quarter 2015 cash dividend of 30 cents per share on the company's common stock.
SanDisk Corporation (NASDAQ: SNDK), a global leader in flash storage solutions, today announced that its Board of Directors has authorized an additional $2.5 billion for common stock repurchases under the company's existing stock repurchase program.
Rising revenue powered by demand for 4G LTE networks and smartphones
RF INDUSTRIES, LTD. (NASDAQ: RFIL) announced today that it has completed the acquisition of East Brunswick, New Jersey-based Comnet Telecom Supply, Inc. ("Comnet"), a supplier of telecommunications and data products, for a total purchase price of $4,150,000, consisting of $3,050,000 in cash, and 252,381 shares of RFI's common stock valued at $1,060,000. Privately-owned Comnet had revenues of approximately $9.6 million for the twelve-month period ended October 31, 2014.
ASC, a worldwide leading software company with innovative solutions to record, analyze and evaluate communications, has changed its company name from ASC telecom to ASC Technologies.
As of January 13th 2015, Mr. Thomas Amrein took over Matti Technology AG (Matti) and its management. Thomas Amrein is an electrical engineer and an economist. In his professional career he held positions in research, development and commercial functions at national and international SME's and enterprises in the B2B area.
Stepan Company (NYSE: SCL) announced today the sale of its Specialty Polyurethane Systems business ("KITS") to J6 Polymers, LLC. The 2014 net sales associated with this business were $2.8 million.
2014 sales reached $9.9-million - the highest annual revenue in CrawfordTech's 20-year history
Beta Systems Software AG signed a purchase agreement with the shareholders of Munich-based HORIZONT Software GmbH in late December. HORIZONT has been developing and marketing software for the operation of large data centers for 20 years. Their products complement the Beta Systems Data Center Intelligence (DCI) portfolio. The acquisition strengthens the position of the two companies in this market segment, both economically and in terms of their technological offering. The ability to draw on the sales channels of both companies will further help to broaden their market reach. Moreover, the combined technological know-how opens up opportunities for new product developments.
Stora Enso will record non-recurring items (NRI) with a negative net impact of approximately EUR 225 million on operating profit and a positive impact of approximately EUR 53 million on income tax in its fourth quarter 2014 results. The NRI will decrease earnings per share by EUR 0.22.
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