RF Industries Names New CEO

San Diego, Calif. — RF INDUSTRIES, LTD. (NASDAQ:RFIL) announced today that its Board of Directors has promoted Johnny Carl Walker, President of RF Industries, to the additional position of Chief Executive Officer. The Company’s former CEO, Howard Hill, was appointed Chief Operating Officer. Mr. Hill said, “This change culminates the Company’s plan for my successor. Since joining the Company…

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10 Commandments for Procurement Professionals

“When do the procurement professionals become candidates for the CEO role?” This is a regular question at professional procurement networking events. The number of corporations that recognize value in the procurement profession remains limited, as evidenced by the number of procurement roles at the executive level. Chief Procurement Officer (CPO) is not as familiar as…

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Arrow to Acquire Data Modul

Arrow Electronics, Inc. (NYSE:ARW), through its wholly-owned subsidiary inMunich, 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…

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3M Hits Record Revenue for 2014

3M (NYSE:MMM) today reported fourth-quarter earnings of$1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to$7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions adding 0.1 percent to sales. Foreign currency translation reduced sales by 4.4 percent year-on-year. Operating income was $1.7 billion and…

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Lattice Semiconductor to Acquire Silicon Image

Lattice Semiconductor Corporation (NASDAQ: LSCC), a leading provider of programmable connectivity solutions, and Silicon Image, Inc. (NASDAQ: SIMG), a leading provider of wired and wireless connectivity solutions, today announced that they have signed a definitive agreement, pursuant to which Lattice will acquire Silicon Image in an all-cash tender offer of $7.30 per share, representing an…

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Freescale Revenues Up 11% in 2014

Austin, Tex. — Freescale Semiconductor, Ltd. (NYSE:FSL) today announced financial results for the fourth quarter and full-year ended December 31, 2014. Highlights include: Fourth Quarter GAAP Results Fourth Quarter Non-GAAP Results* Net sales of $1.10 billionGross margin of 47.2%Earnings per share of $0.20   EBITDA** of $274 millionAdjusted earnings per share of $0.42  Full-Year 2014 GAAP Results Full-Year 2014…

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