Portugal bailout terms deemed severe by EU officials
EU officials say Portugal's impending 115 billion bailout terms are as tough as those Greece and Ireland faced. The caretaker prime minister claims easier terms, but the deal requires multi party approval and could spark renewed pressure to revise existing bailouts.
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Dunkin Donuts plans IPO as debt paydown goal
Dunkin Brands Group Inc parent of Dunkin Donuts and Baskin Robbins files to raise up to 400 million by offering shares on Nasdaq DNKN. Owners Bain Capital Carlyle and T H Lee Partners will not sell. proceeds to repay about 475 million in high interest bank debt and fund expansion. The Canton Massachusetts company aims to broaden from the Northeast into the Western U S with a leaner store model and new menu items.
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Intel unveils 3-D tri gate transistors revolutionizing chips
Intel reveals a three dimensional tri gate transistor design aimed at boosting performance. The fins rise from transistor surfaces creating three gates to boost current control and efficiency. Mass production plans set for this year with 2012 computer releases anticipated.
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Comcast to bolster NBC with 300 million investment push
Comcast plans 300 million more this year for NBC and cable networks to lift ratings and profits. Burke says 200 million targets NBC prime time, 100 million for USA, Syfy, E!, and Bravo to keep channels strong. NBC TV revenue fell 35 percent in Q1 as Olympic boost fades.
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