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"This is nonsense": LuLaRoe CEO fires back at $49 million supplier lawsuit, saying he has no plans to "jump ship"

LuLaRoe LuLaRoe CEO Mark Stidham fired back at a supplier’s $49 million lawsuit against the multi-level marketing company, saying some of the suit’s supporting testimonies are “paten.....»»

Category: topSource: businessinsiderDec 7th, 2018

Gibson fires back at $50 million lawsuit

Nashville-based Gibson Brands Inc., the iconic guitar-maker that's been working to overcome financial struggles, has fired back at a German company over a $50 million lawsuit. In statement issued Thursday morning, Gibson called Tronical GmbH's suit.....»»

Category: topSource: bizjournalsApr 26th, 2018

Nanya to buy back shares

DRAM chipmaker Nanya Technology has unveiled plans to buy back as many as 120 million of its own shares starting November 13. The new stock repurchase program will be implemented in two phases......»»

Category: topSource: digitimesNov 14th, 2018

Auto parts maker investing $26M in Alabama plant, creating 50 new jobs

An auto parts supplier is expanding in Butler County. Hwashin America Corp. plans to invest $26 million in new equipment at its manufacturing facility in Greenville, creating 50 new jobs in the process. Hwashin currently employs 750 workers at its .....»»

Category: topSource: bizjournalsNov 8th, 2018

Port of Seattle plans $340 million cargo investment and explores new cruise ship facilities

The Port of Seattle has held confidential discussions with Seattle Mayor Jenny Durkan and financial and public private partnership consultants and may start awarding contracts in early 2019......»»

Category: topSource: bizjournalsNov 7th, 2018

Siemens goes back to its roots with 600 million euro Berlin investment

Siemens went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital......»»

Category: topSource: reutersOct 31st, 2018

Aramark to use some of the $300 million from asset sale to buy back stock

Aramark said Monday it will sell its healthcare technologies business for $300 million to Trimedx, as the company to looks to further focus on its core food, facilities and uniform business. The company said it plans to use the proceeds .....»»

Category: topSource: marketwatchSep 17th, 2018

"Crab billboard war" continues as PETA fires back with new signage

If you thought the brief billboard tussle between PETA and Jimmy's Famous Seafood — or really the majority of Baltimoreans — was over, guess again. The national animal rights organization plans to put up a new billboard encouraging individual.....»»

Category: topSource: bizjournalsSep 10th, 2018

How Olive Garden plans to make $2.6 million in a second today

The Pasta Pass is back......»»

Category: topSource: moneycentralAug 23rd, 2018

Contractor fires back over North Carolina"s ABC Commission audit allegations

The warehousing contractor at the center of a scathing Alcoholic Beverage Control Commission audit is firing back against claims that an unchecked contract cost the state $11.3 million. Maryland logistics firm LB&B, which has contracted with North .....»»

Category: topSource: bizjournalsAug 10th, 2018

Carnival Cruise Line to invest nearly $200M in ship

One of Carnival Cruise Line’s ships will be renamed as it undergoes a major facelift. With plans to invest nearly $200 million in Carnival Triumph, the Doral-based cruise line will rename the ship Carnival Sunrise. The upgrade will take place in Cád.....»»

Category: topSource: bizjournalsAug 1st, 2018

Canceled TSA contract could be back up for grabs soon — and Leidos plans to go for it

A five-year, $578 million TSA contract was wrested away by rival Peraton only to be later canceled. It's a program “that we care a lot about," Leidos CEO Roger Krone says......»»

Category: topSource: bizjournalsJul 26th, 2018

BenQ Materials to acquire 80% stake in medical equipment supplier Sigma

Polarizer maker BenQ Materials has announced plans to acquire an about 80% stake in Sigma Medical Supplies for NT$450 million (US$14.7 million) as it aims to further enhance its deployment in the medical industry......»»

Category: topSource: digitimesJul 25th, 2018

Apple supplier LG Display slashes investment plans as losses mount

South Korea's LG Display slashes its investment plans by $2.7 billion to 2020 on concern for the global smartphone market, becoming the second Apple supplier to scale back its spending plans within recent weeks. Lea Jakobiak reports......»»

Category: videoSource: reutersJul 25th, 2018

BenQ Materials to acquire 80% stake in med<strong>i</strong>cal equipment supplier Sigma

Polarizer maker BenQ Materials has announced plans to acquire an about 80% stake in Sigma Medical Supplies for NT$450 million (US$14.7 million) as it aims to further enhance its deployment in the medical industry......»»

Category: topSource: digitimesJul 24th, 2018

St. Catherine University leaving Minneapolis campus to consolidate space

St. Catherine University plans to vacate its Minneapolis location and shrink back to its St. Paul campus by June 2020. Under the $10 million plan, the private university would close its two connected Minneapolis buildings, the Old Main and the Educatio.....»»

Category: topSource: bizjournalsJul 23rd, 2018

W.W. Grainger shares jump 4% premarket after earnings beat

W.W. Grainger Inc. shares rose 4.3% in premarket trade Wednesday, after the supplier of maintenance and repair products swept past estimates for the second quarter. Chicago-based Grainger said it had net income of $236.9 million, or $.....»»

Category: topSource: marketwatchJul 18th, 2018

Apple plans to make 20 percent fewer new model iPhones this year: Nikkei

(Reuters) - Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources......»»

Category: topSource: reutersJun 8th, 2018

Altaba’s offer to buy back stock includes selling about 100 million Alibaba shares

Altaba shares fell Thursday, reversing earlier gains that had them heading to an 18-year high, after the company formerly known as Yahoo said it commenced tender offer to buy 195 million of its shares, and plans to sell about 100 million Alibaba shares......»»

Category: topSource: marketwatchJun 7th, 2018

Altaba"s stock surges toward 18-year high after plans to buy back up to 195 million shares

Shares of Altaba Inc. , formerly known as Yahoo, climbed 1.5% in premarket trade .....»»

Category: topSource: marketwatchJun 7th, 2018

Oppo to unveil Find X in Paris

China-based smartphone vendor Oppo has announced that it plans to unveil its next-generation flagship model, the Oppo Find X, in Paris on June 19 as it aims to ship over 100 million smartphones in 2018......»»

Category: topSource: digitimesJun 6th, 2018