US News

MaxLinear provides revised second quarter 2015 guidance, which includes May and June post-acquisition contribution from Entropic Communications – Revenues to be in the Range of $68 Million to $72 Million in the Second Quarter of 2015, and $175 Million to $185 Million in the Second Half of 2015 MaxLinear, Inc. (NYSE:MXL), a provider of integrated, […]

What are the details? Sungy Mobile Limited (Nasdaq:GOMO), a leading provider of mobile internet products and services globally with a focus on applications and mobile online platform development, today announced that it has entered into an Agreement and Plan of Merger with Sunflower Parent Limited, an exempted company incorporated with limited liability under the laws […]

“Interest will be payable semi-annually” Avid (Nasdaq:AVID) today announced its intention to offer, subject to market and other conditions, $115 million aggregate principal amount of its convertible senior notes due 2020 in a private placement to qualified institutional buyers . Avid also expects to grant the initial purchasers of the notes an option to purchase […]

The biggest news today will probably come from Vienna where the OPEC oil ministers are gathered to determine how they are going to try to continue to manage the business through which the consortium has pretty much controlled the oil industry since 1960. Nonetheless observers are still buzzing over the newly-published list of Fortune 500 […]

Rob Walton has resigned as Chairman of Walmart, the business his father founded in 1962. 70-year-old Samuel Robson Walton has been chairman of Walmart since 1992. He will remain on the board of directors. The announcement comes one day after Walmart topped the list of Fortune 500 companies for the eleventh time and the third […]

What does the deal mean? Perry Ellis International, Inc. (Nasdaq:PERY) announced today that it has entered into a license agreement with BMI Wholesale Trading Private Limited granting rights for the Original Penguin by Munsingwear brand in India to be sold through specialty retail, department stores and online sites. The Original Penguin brand is a youth […]

48 distributed generation solar power plants in the United States with expected average annual levered Cash Available for Distribution of $5 million over the next 10 years – Remaining average contract duration of 15 years, average counterparty credit rating of Baa2 – Expected levered cash-on-cash return in excess of 9% erraForm Power, Inc. (Nasdaq:TERP), an […]

For general working capital Horizon Technology Finance Corporation (Nasdaq:HRZN), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries, announced today it has closed a $10 million venture loan facility to The NanoSteel Company...

Last evening I decided to watch a couple episodes of National Geographic’s new mini-series, American Genius that I had recorded. It should be available in the UK. I highly recommend the one-hour docudramas that show how genius thrives or fails in the face of other genius. An upcoming episode features the classis story of the […]

What are the details? Tech Data Corporation (Nasdaq:TECD) today announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the company’s common stock. Since 2005, the company has purchased $1.2 billion of Tech Data stock, buying back approximately 44 percent of shares issued. “Our Board’s decision to […]