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Orange buys remaining shares in Mobinil

2015-02-23 09:21:00| Telecompaper Headlines

(Telecompaper) Orange and Orascom Telecom Media and Technology (OTMT) have agreed that Orange will purchase all the shares and voting rights held directly or indirectly by OTMT in the Egyptian Company for Mobile Services (ECMS) for EUR 209.6 million. ECMS is the holding company of Egyptian mobile operator Mobinil. Orange said the transaction will be completed through the exercise of Orange's call option under the shareholders agreement signed by the two parties in April 2012. The transfer of OTMT's direct stake in ECMS will be completed as an 'over the counter' transaction between the two main shareholders. The parties expect that the transaction will be finalized by the end of Q1.

Tags: orange remaining shares buys

 

Insider Selling: William R. Boyd Sells 37,000 Shares of Boyd Gaming Stock

2015-02-20 11:34:45| Trucking - Topix.net

Boyd Gaming VP William R. Boyd sold 37,000 shares of the company's stock on the open market in a transaction dated Thursday, February 19th. The shares were sold at an average price of $14.48, for a total value of $535,760.00.

Tags: stock selling william gaming

 
 

Fossil Looking Dated As Grim Outlook Crushes Shares

2015-02-20 08:06:39| Jewelry - Topix.net

Until the company regains sales momentum, perhaps through a recent partnership with Kate Spade, it might be best to stay away. The notion of a rising tide lifting all boats is a common one in the investing world as strength in a sector or industry is expected to prop up the results of all companies active in it.

Tags: shares outlook dated fossil

 

Nasdaq tech shares at 15-year high

2015-02-19 22:43:15| BBC News | Business | UK Edition

Energy stocks continue to drop as oil prices fall further, pulling markets lower, while technology stocks rally

Tags: high tech shares nasdaq

 

FTSE falls as Centrica shares hit

2015-02-19 11:27:04| BBC News | Business | UK Edition

Shares in Centrica fall sharply after the energy firm reports a sharp fall in profits and slashes its dividend.

Tags: hit falls shares ftse

 

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