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News Breaks | | | | September 7, 2012 | | 11:20 EDT |  | SSNLF, ASML, TSM, INTC | ASML shareholders approve Customer Co-Investment Program
ASML Holding (ASML) announces that it has received the approval by the Extraordinary General Meeting of shareholders of its Customer Co-Investment Program and that the US anti-trust clearance process is complete. ASML also announces that the waiting period under the Hart-Scott-Rodino Act has ended without ASML or Intel (INTC) receiving requests for additional information from regulators, which completes the U.S. anti-trust procedure. With the EGM approval and the U.S anti-trust procedure completed the essential elements of the program are final: The three program participants, Intel, TSMC (TSM) and Samsung Electronics (SSNLF), have agreed to contribute EUR 1.38B to ASML’s research and development of next-generation lithography technologies over five years. ASML will issue an aggregate 23% minority stake to the participating customers for EUR 3.85B in cash. ASML will return the entire cash proceeds of the share issue to ASML shareholders through a Synthetic Buyback. The Synthetic Buyback will consist of a cash capital repayment and a reverse share split. Following the issuance of new shares to Intel, TSMC and Samsung Electronics in connection with the program, and subject to statutory requirements, ASML intends to implement the Synthetic Buyback as follows: The cash capital repayment will be EUR 9.18 per share and the reverse share split will be 77 for 100. This means that for every 100 ASML shares, shareholders excluding participating customers will receive EUR 918 in cash and will keep 77 ASML shares. This is effectively equivalent to ASML buying back 23% of the shares currently in issuance at a price of EUR 39.91 per share, which is the per share price to be paid by the participating customers. ASML expects to issue shares to Intel and Samsung Electronics on or around September 12 and to issue shares to TSMC at the end of October. | |
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News For ASML;INTC;TSM;SSNLF From The Last 14 Days Check below for free stories on ASML;INTC;TSM;SSNLF the last two weeks. |
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| May 22, 2013 | | 13:43 EDT |  | SSNLF | Samsung takes stake in Pantech, AllThings D says
 Subscribe for More Information | | | 12:07 EDT | | SSNLF | Consumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
Subscribe for More Information | | | 09:10 EDT |  | INTC | Intel management to meet with Deutsche Bank
Subscribe for More Information | | | 07:24 EDT | | INTC | NetEvents International to host a summit
Subscribe for More Information | | | 07:21 EDT | | INTC | MIT Sloan Alumni Club of Boston to hold a symposium
Subscribe for More Information | | | 07:10 EDT | | SSNLF | Samsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
Subscribe for More Information | | | 06:23 EDT | | SSNLF | Samsung to launch complete line up of notebooks in 2H13, DigiTimes says
Subscribe for More Information | | | 06:02 EDT | | SSNLF | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports. | | | May 21, 2013 | | 13:08 EDT | | INTC | Intel CEO creates 'new devices' group, Reuters reports
Subscribe for More Information | | | May 20, 2013 | | 08:10 EDT | | INTC | Intel management to meet with Deutsche Bank
Meeting to be held in Stockholm on May 20 hosted by Deutsche Bank. | | | | 07:32 EDT | | INTC | Society for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24. | | | 07:32 EDT | | INTC | Society for Information Display / IHS to host a conference
Subscribe for More Information | | | May 19, 2013 | | 18:59 EDT | | INTC | Cisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link | | | May 17, 2013 | | 12:13 EDT | | SSNLF | Samsung says S4 sales to reach 10M next week, Korea Times says
Subscribe for More Information | | | 06:12 EDT | | SSNLF | Apple losing its edge as innovator, poll shows, Bloomberg reports
Subscribe for More Information | | | 06:07 EDT | | SSNLF | Mobile DRAM revenue fell 5% in Q1, DigiTimes reports
Subscribe for More Information | | | May 16, 2013 | | 13:40 EDT | | INTC | Intel CFO Smith says staying with the company, CNBC reports
Subscribe for More Information | | | 11:22 EDT | | SSNLF | Samsung captures 95% of global Android profit in Q1, Strategy Analytics says
Samsung captured 95% of all Q1 global Android smartphone profits, which reached $5B, according to Strategy Analytics. LG followed in second place and took 3% global Android profit share, added the report. Reference Link | | | 10:25 EDT | | SSNLF | Microsoft discussing 'glasses' tech with Vuzix, NY Post says
Subscribe for More Information | | | 06:21 EDT | | SSNLF | Microsoft to launch 8-inch Surface in June, Digitimes says
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