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Tag: shares
Asian shares lower on Japan GDP data
2014-11-17 03:19:16| BBC News | Business | UK Edition
Asian markets traded lower on Monday on news that Japan's economy contracted for a second consecutive quarter, marking a recession.
Kuwait to sell Dow Chemical's petchem venture shares to public -exec
2014-11-16 15:25:28| Chemicals - Topix.net
Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which U.S. petrochemicals giant Dow Chemical Co plans to sell off, state news agency KUNA quoted a senior Kuwaiti executive as saying. Dow Chemical announced last week that as part of a $7-$8.5 billion divestiture plan, it would reduce its equity positions in all of its Kuwaiti ventures, in order to release capital for other strategic purposes.
Tags: public
sell
shares
kuwait
Flowserve - Nice Deal, As Shares Are Already Fully Valued
2014-11-15 23:27:06| Industrial Machines - Topix.net
Despite the really nice deal, which is too small to significantly move the needle, I remain cautious amidst a premium valuation. Flowserve announced the acquisition of SIHI Group in what appears to be a nice bolt-on acquisition given the relative low acquisition price in terms of the valuation multiples, room for margin gains and synergies.
Virgin America shares make public-trading debut
2014-11-14 19:34:50| Airlines - Topix.net
Virgin America begins selling shares to the public on Friday, and the timing of the IPO could hardly be better. Airlines are reaping huge profits thanks to full planes, rising revenue and falling fuel prices.
Tags: make
america
shares
virgin
Virgin America shares surge on debut
2014-11-14 19:00:49| BBC News | Business | UK Edition
Shares in Richard Branson's Virgin America airline surge more than 30% in their first day of trading on the Nasdaq stock exchange in New York.
Tags: america
shares
virgin
debut
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