The Qantas Group has reported a profit before tax of $192 million but issued a reasonably cautious outlook, despite which the company's share price rose by 14%. The group has strengthened its financial position, with positive net free ...
Furniture Brands International's stock began trading on the OTCQB Marketplace today under the ticker symbol FBNI. The move follows an Aug. 23 announcement that the company planned to voluntarily delist its common stock from the New York ...
Tags: Furniture, Furnishing
PetroChina Co Ltd, the nation's leading oil and natural gas producer, said on Thursday it expects a 20-billion-yuan ($3.3 billion) annual profit boost from the government's natural gas price reform. That inflow will further buoy the ...
Tags: PetroChina, natural gas producer
Vacuum and exhaust- abatement equipment maker Edwards Ltd of Crawley, UK and Atlas Copco Group, a Sweden-based provider of industrial productivity solutions, have entered into a definitive merger agreement in a transaction valued at up to ...
Tags: Electrical, Electronics
China-based Suntech Power Holdings, one of the world's largest solar companies, has announced that it has regained compliance with the New York Stock Exchange (NYSE) minimum share price listing requirement. Suntech revealed last week that ...
Tags: NYSE Suntech, Lighting
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
Facebook's mobile advances have pushed the company's stock price up to its $38 IPO price for the first time since the company went public in May 2012. Facebook shares hit a high of $38.31 today shortly after the markets opened, but then ...
Tags: Facebook, IPO Share Price
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for US$16.00 per share in an all-cash transaction valued at approximately US$2.9 billion, ...
Tags: Apparel, Hudson's Bay
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
Customers in Retail, Luxury Goods and Fashion, has recorded revenues in excess of € 26 million, with about 12% growth versus 2012. International revenues account for more than 50% of the total. Revenues from planning software for ...
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals