The board of directors of Praxair, Inc. (NYSE:PX) has declared a 10%
increase in the company’s quarterly dividend to 71.5 cents per share,
payable on March 16, 2015, to common shareholders of record as of March
CommScope Holding Company, Inc. (NASDAQ: COMM) has agreed to acquire TE
Connectivity’s (NYSE: TEL) Telecom, Enterprise and Wireless businesses
in an all-cash transaction valued at approximately $3 billion.
Arrow Electronics, Inc. (NYSE:ARW), through its wholly-owned subsidiary
in Munich, Germany (“Arrow CEHM”), is initiating an all-cash tender
offer to acquire the shares of DATA MODUL Aktiengesellschaft Produktion
und Vertrieb von elektronischen Systemen (“Data Modul AG”) (FSE:DAM) for
a purchase price of €27.50 per share ($31.00 per share based on current
exchange rates). The purchase price represents a premium of
approximately 35 percent on the weighted average stock exchange price of
the Data Modul AG-shares during the prior three months.
By Barbara Kollmeyer, MarketWatch
FOMC meeting due later; Boeing to report
MADRID (MarketWatch) -- U.S. stock futures looked poised to claw back some gains on Wednesday after the prior day's brutal selloff in the technology sector, with Apple Inc. set to do the heavy lifting after the iPhone maker's blowout earnings.
NTT Communications Corporation (NTT Com), the ICT solutions and
international communications business within the NTT Group (NYSE: NTT),
announced today that it has agreed with the Japan Exchange Group (JPX)
and the Singapore Exchange (SGX) to launch of JPX-SGX Co-Location
Direct, the telecom industry’s lowest-latency service for international
leased lines that directly connect the colocation facilities of JPX and
By Laura He, MarketWatch
Shanghai stocks buck the trend and extend losses
HONG KONG (MarketWatch) -- Japan stocks gained further on Wednesday to a fresh one-month high, as the yen weakened versus the greenback ahead of the outcome of the Federal Reserve's policy meeting later in the day.
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