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Showing results for TUNER & NEWALL PLC
...On Monday, the shares spiked up 11 per cent, to above 0.018p, on news that its TabletTV tuner device was ready for pre-ordering through Amazon....
...Quarterly sales were at the high end of guidance but the figure was boosted by a good performance from its unsustainable legacy businesses such as TV tuners and WiFi chips, meaning core growth was well below...
...Both have AM/FM tuners and pricing is $400 and $500 – the latter price covering the built-in DVD/CD player in one model....
...Last November, the pension fund of defunct asbestos maker Turner & Newall completed a £1.1bn deal with L&G....
...Turner & Newall’s £1.1bn buy-in policy bought from Legal & General in October is the largest yet completed, according to Hymans....
...Last year CSR axed its lossmaking digital television and silicon tuners business – which it acquired when it purchased US peer Zoran for $484m earlier in 2011 – resulting in the loss of 400 jobs in China...
...Shares in CSR rose by as much as 15 per cent after the chipmaker axed its lossmaking digital television and silicon tuners business in a move that will save the group $60m a year....
...In addition Mr Newall said First Quantum “reserved the right to take legal action against other third parties”....
...The cost of getting Ravensthorpe up and running again will be $126m, said Clive Newall, president of First Quantum....
...Those specifications will include a tuner, internet connection and a simple interface to allow viewers to find content....
...The previous biggest was T&N (Turner & Newall) which entered the PPF in July 2006, with 35,000 members and £1.9bn of buy-out liabilities....
...A set-top box for example, with several tuners delivering channels and recording programs for a living room TV, could also provide the same service to other TVs around the house....
...In moves that effectively transform the consoles into multimedia products, Sony said it would introduce a device for the PS3 that will allow it to act as a digital TV tuner and recorder, and unveiled software...
...BT Vision customers will get a personal video recorder with a Freeview digital tuner to obtain terrestrial TV....
...“The only reason I didn’t get a text to say I was sacked is because they probably didn’t know how to send one,” Newall told The Sun....
...Pensions happy ending The sight of the Turner & Newall pension scheme finally making its way toward the Pension Protection Fund should prompt a sigh of relief all round....
...According to Mr Tuner, BAE had even considered pulling out of its home market in the UK because of its unhappy relationship with the Ministry of Defence....
...Stand by for Sturm und Drang over our story this morning that the liabilities of Turner and Newall’s 40,000-member pension scheme are to be taken over by the Pension Protection Fund....
..."The star performer this time has to be our UK programme business," said Mike Tuner, chief executive....
...administrator helps UK creditors Playing poker with Carl Icahn, the legendary US corporate raider, is not for the faint-hearted, particularly when the game is as complex as the restructuring of Turner Newall...
...For a consumer, whether the image on their screen has come through a TV tuner or a broadband connection may soon be irrelevant. Differential regulation is pointless and arbitrary....
...It is a safe bet that the Turner & Newall (T&N) Pension scheme, with £1.9bn of total liabilities and an £875m deficit, will be one of its earliest and biggest cases....
...S & P on the PPF The plight of the Turner & Newall pension scheme has highlighted the risk posed to the UK's new Pension Protection Fund by the collapse of large companies....
...But until Christmas is safely in the bag, the shares are likely to priced similarly to an LCD TV that some retailer has overstocked Turner & Newall Will a UK government policy shift have a pernicious impact...
...Japanese consumers can already buy mobile phones with built-in analogue TV tuners....
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