Tag Archive | "its-planned"

Comcast Q4 Beats, Hikes Dividend, Accelerates Buybacks

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Shares of Comcast (CMCSA) are up 79 cents, or 3%, at $24.95 after the company this morning reported Q4 results ahead of expectations, and raised its dividend 19%, and said it was accelerating its planned share buybacks.
Q4 revenue was up 7% at $9.72 billion, beating the average $9.58 estimate, yielding [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Motorola Says Split Into 2 Companies Could Come In January

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Motorola (MOT) Co-CEO Greg Brown today said the company is targeting completion of its planned split into two separate entities as soon as January, Reuters reports. The transaction will create two new companies: Motorola Mobility, which will sell handsets and set-top boxes, and Motorola Solutions, which will supply wireless technology.
Brown, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Vishay Sets Spin-Off Terms

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Vishay Intertechnology (VSH) this morning set the terms of its planned tax-free spin-off of Vishay Precision Group, with VSH holders to receive one share of the new company for every 14 shares held. Fractional shares will not be distributed, and instead will be aggregated and sold in the open market, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Grockit banks $3M of its $7M round for social learning

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Grockit, a company that combines learning with social networking, has raised $3 million of its planned $7 million round of equity, according to a filing with the SEC. The San Francisco-based company helps students prepare for standardized tests online in a peer-to-peer environment. The educational startup, founded in 2007, previously raised more than $10 million. Past backers include Atlas Venture, Benchmark Capital and Integral Capital Partners.

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Article courtesy of VentureBeat » Deals & More