AstraZenca signs second deal with Indian drug firm

first_img More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com AstraZenca signs second deal with Indian drug firm whatsapp Thursday 19 August 2010 8:32 pm KCS-content Tags: NULL center_img Show Comments ▼ Share whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoHero WarsBig Boss of internet games!Hero WarsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoWorld LifestyleCouple Has No Idea Why Photo Goes Viral, Then They Notice This In The CornerWorld LifestyleUndo AstraZeneca is set to sign a second deal with an Indian generic drugmaker – this time for the supply of injectable drugs – in a further move to boost its emerging market sales.The pharma giant is close to signing a licensing and supply agreement with Ahmedabad-based Intas Pharmaceuticals, according to people familiar with the development.AstraZeneca struck a similar branded generics supply deal with India’s Torrent Pharmaceuticals in March and the Anglo-Swedish company said at the time other deals could follow.Emerging markets are a priority area for Western drug companies, as sales in home markets stall and cheap off-patent medicines that can be sold in high volumes under a multinational brand name are an attractive target.AstraZeneca expects emerging markets to account for 25 per cent of group sales by 2014, up from 13 per cent, or $4.35bn, in 2009. last_img read more

Good trading helps Punch cut net debt

first_imgTuesday 24 August 2010 7:33 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Share whatsapp KCS-content Tags: NULL Good trading helps Punch cut net debt center_img whatsapp Show Comments ▼ Punch Taverns, the country’s largest pubs group, said yesterday it expected full-year earnings to be slightly ahead of its previous expectations – reflecting a pub improvement programme, a good World Cup and sunny summer weather.The company, which runs more than 7,100 pubs, said sales at pubs it directly manages, which have been open for more than a year, rose by 2.6 per cent in the fourth quarter to the end of August.But Punch added in a trading update that profit falls at the pubs it leases to tenants are expected to be broadly in line with the first half of the year, because a rise in sales was offset by lower margin on drinks sales and reduced rental income.Over the past year the pub chain sold off £300m worth of pubs and reduced its net debt by almost £700m? to £3.1bn.The business also said it had refurbished more than 200 managed pubs over the past year. Punch said: “We expect the trading outlook in the near term to continue to be uncertain, particularly given the potential impact of the June budget on consumer spending into next year.”The news comes as former finance director of Marks & Spencer Ian Dyson joins the company next month as chief executive. He takes over from Giles Thorley who left the heavily indebted firm in March. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndolast_img read more

Diamond defends BarCap against ‘casino’ allegations

first_img whatsapp whatsapp Show Comments ▼ BARCLAYS’ Bob Diamond at the weekend lashed out at the criticism he has received since being appointed as the group’s new chief executive last week.Diamond, who currently heads up the investment banking arm Barclays Capital, said references to the division as a “casino” were misleading and disappointing.“Words like ‘casino banking’… have no basis in reality and generally come from people that don’t understand what a bank does and how important risk is in terms of the business we do with our clients,” he told the Sunday Telegraph.“It’s disappointing when we hear reference that Barclays Capital is a casino – we closed down our proprietary trading in 1998.”Diamond, who is due to replace outgoing chief John Varley in April next year, insisted that the group would cooperate with the banking commission on its inquiry into the structure of the sector in the future. But he reiterated the group’s support for the universal banking model, adding: “We have a very strong view that our business model fits exactly what is the right model for the UK.”Since the crisis, the integration of retail and investment banking operations under one roof has been a particular bugbear for politicians who believe it increases risk in the system. KCS-content Share Diamond defends BarCap against ‘casino’ allegations Sunday 12 September 2010 11:18 pm Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comlast_img read more

US industrial output growth slows while import prices rise

first_img Tags: NULL whatsapp Show Comments ▼ US industrial output slowed last month and a regional measure of factory activity touched a 14-month low in September, pointing to a cooling in manufacturing as the boost from an inventory build-up fades.The reports yesterday were consistent with other data suggesting the US economy is stuck in a soft spot, but they also showed the manufacturing sector continued to expand and offered nothing to suggest a new recession was brewing.Industrial production rose 0.2 per cent in August, Federal Reserve data showed, matching economists’ forecasts for a sharp slowdown from July when unusually strong auto manufacturing lifted output. July’s gain was revised down to 0.6 per cent from one per cent.Excluding motor vehicles and parts, total industry output increased 0.4 per cent in August, compared with July’s 0.3 per cent advance.Separately, the New York Fed’s “Empire State” general business conditions index slipped to 4.14 in September from 7.10 in August. September’s reading marked the lowest since July 2009 and was below market expectations for 8.0. Any reading above zero in the index, which economists look to for early clues on national output, indicates expansion. KCS-content Share US industrial output growth slows while import prices rise Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp Wednesday 15 September 2010 7:58 pmlast_img read more

Lib Dem revolt on uni fees

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapp KCS-content SIR?Menzies Campbell, the former leader of the Liberal Democrats, yesterday joined a chorus of Lib Dem MPs and said he would vote against any rise in university tuition fees.The government is expected to back Lord Browne’s report on university funding, which recommends that the £3,290 cap on tuition fees should be scrapped, even though all Lib Dem ministers said they would vote against a hike in student contributions. But yesterday Campbell said he would vote against the plans in the Commons. “My credibility would be shot to pieces if I did anything other than stick to the promise I made,” he added. Campbell will be joined in the “No” lobby by Charles Kennedy, also a former leader, who has signalled that he is unhappy with the plans. And Simon?Hughes, deputy leader, said the coalition should try to “improve” Browne’s plans. whatsapp Sharecenter_img Lib Dem revolt on uni fees Wednesday 13 October 2010 8:30 pm Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.com Tags: NULLlast_img read more

Glazers to pay off £220m of Man Utd loans

first_img whatsapp More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Show Comments ▼ Tags: NULL Manchester United’s American owners plan to reduce the the club’s debt by paying off high-interest loans, worth around £220m.The Payment in Kind (PIK) loans were taken out with three US hedge funds to help the Glazer family bankroll a £790m takeover of the club in 2005.Joel Glazer, the club’s joint chairman, has written to the lenders to inform them the loans will be paid in full on 22 November, according to reports. The football club’s total debts are estimated at more than £720m.It is not yet clear how the Glazer family were able to raise the money to pay off the loans but it is not with funds from the club. whatsapp Sharecenter_img Tuesday 16 November 2010 5:16 am Glazers to pay off £220m of Man Utd loans John Dunne by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com last_img read more

Wolseley is confident as profits rise

first_img Wolseley is confident as profits rise by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo WOLSELEY, the world’s largest plumbers and builders merchant, posted a 39 per cent rise in first-quarter trading profit, helped by top-line growth in all regions.The FTSE 100 company said underlying operating profit rose to £159m in the three months to end-October, with like-for-like revenue up four per cent to £3.47bn.“This is a business with fairly low visibility, but I would say we are quietly cautiously confident that we will continue to generate growth,” chief financial officer John Martin said. Like-for-like US revenues were up 6 per cent, while revenues in Canada rose 7 per cent. Like-for-like sales were ahead by 5 per cent in the UK. Wolseley, which trades in Britain, Canada, the United States and 22 other countries, said demand improved in most countries in its first quarter but pricing competition remained tough with no sign of a respite in 2011.“There remains a lot of spare capacity in the industry… It would not surprise me if that drags on pricing certainly for the rest of this financial year,” said Martin.Shares in Wolseley, which said in September it was to redomicile in Switzerland to lower its tax rate to 28 per cent from 34 per cent, closed up 2.73 per cent at 1880p.Residential new-build markets remain “very depressed”, Martin said, adding a focus on repair and maintenance and its industrial unit were driving growth while commercial markets were showing early signs of stabilising after a deep downturn.“These markets are still driven partly by sentiment and consumer sentiment remains weak, but it is better than 2008 and 2009.”As part of a restructuring announced last year, Wolseley is continuing to assess non-core assets.Martin said three businesses, which represent 10 per cent of group sales, were under review despite contributing to a “material improvement” in trading profit this year.“Wolseley has been the big winner in 2010 in the building materials sector,” Davy Research analyst Flor O’Donoghue said, noting the E300 Construction and Building Materials Index has fallen five per cent this year while Wolseley is up almost 50 per cent. whatsapp Tags: NULL Share center_img Tuesday 7 December 2010 8:07 pm KCS-content Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com whatsapplast_img read more

Stanford in drug plea

first_img whatsapp BILLIONAIRE Allen Stanford, accused of leading a $7bn (£4.4bn) investment fraud scheme, is on so much medication he is unable to prepare for his upcoming trial, his lawyer said in a bid for bail.Stanford has been on drugs since a fellow in-mate attacked him in September 2009, which left him with concussion, brain injury and multiple broken facial bones, according to court documents.The once high-flying tycoon is charged with selling bogus certificates of deposit from his Stanford International Bank on the island of Antigua.Since the attack and his incarceration, Stanford has been prescribed medications listed in a sealed exhibit as part of his lawyer’s attempts to secure bail.“These medications have left Mr. Stanford in an unfocused and numbed state of mind,” his attorney, Ali Fazel, said in a filing. whatsapp Share Tags: NULL Show Comments ▼center_img Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndo Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof KCS-content Tuesday 7 December 2010 9:09 pm Stanford in drug plea last_img read more

BRANSON COULD REDUCE VIRGIN STAKE

first_img SIR Richard Branson could reduce his 51 per cent stake in Virgin Atlantic and relinquish control of the firm, after the airline said it had received enquiries from rivals about possible tie-ups or mergers. The airline appointed Deutsche Bank in early November to examine growth opportunities in the aviation industry. Virgin Atlantic said it was too early to give details of the approaches. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute KCS-content Sunday 19 December 2010 10:31 pm Show Comments ▼ whatsapp Sharecenter_img Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com BRANSON COULD REDUCE VIRGIN STAKE whatsapplast_img read more

Qualcomm to buy Atheros in $3.1bn deal

first_img QUALCOMM plans to buy Atheros Communications for roughly $3.2bn (£2.1bn) in cash, showing its determination to become a major player in supplying chips for smartphones and tablet computers.Qualcomm is clearly betting that the deal – at a 21.6 per cent premium to Atheros’ share price before talk of the takeover began to circulate – will beef up its position in mobile devices, a market expected to explode in 2011 with new tablet computer offerings to compete against Apple’s iPad.Atheros’ two biggest customers are Hon Hai Precision Industry and Nintendo, according to its most-recent annual report.Qualcomm is already a major player in making microchips that handle data crunching and voice communication in phones. But until now, it has made less progress in developing chips for tablet PCs that incorporate advanced networking functions.Qualcomm said it will pay $45 per share for Atheros. The potential acquisition was first rumoured on Tuesday, sending Atheros shares up 18.9 per cent to $44 on the Nasdaq. Based on 71.6m outstanding Atheros shares as of 20 October, the acquisition is worth $3.2bn. Qualcomm said the “enterprise value” of the transaction is $3.1bn.Craig Barratt, Atheros’ chief executive, is expected to become president of Qualcomm Networking and Connectivity following the merger.Qualcomm expects the acquisition to close in the first half of this year, and add “modestly” to earnings per share in its 2012 fiscal year. Wednesday 5 January 2011 7:22 pm KCS-content whatsapp whatsapp Show Comments ▼ Qualcomm to buy Atheros in $3.1bn deal Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULL Share last_img read more