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Apple sells over 4 mln iPhone 6 in first day of pre-sales

2014-09-15 15:38:00| Telecompaper Headlines

(Telecompaper) Apple announced a record number of first day pre-orders of its new iPhone 6 and iPhone 6 Plus smartphones. Over 4 million of the phones were ordered in the first 24 hours. Demand for the new iPhones exceeds the initial pre-order supply, meaning not all customers will receive their phones on the first day available. Apple said some phones will still be available for purchase in stores on the launch day of 19 September. Customers are encouraged to arrive early or order online from the Apple Online Store to pick up in-store or receive an estimated delivery date. The iPhone 6 and iPhone 6 Plus will be available in the US, Australia, Canada, France, Germany, Hong Kong, Japan, Puerto Rico, Singapore and the UK beginning 19 September and in more than 20 additional countries from 26 September. 

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Sinopec sells stake for $17.5bn

2014-09-15 08:57:51| BBC News | Business | UK Edition

Sinopec strikes a deal with 25 local and foreign investors to sell 30% of its retail arm in a deal valued at $17.5bn.

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Insider Buys And Sells: American Assets Trust, Michael Kors

2014-09-14 21:54:36| Apparel - Topix.net

Welcome to edition 221 of Insider Weekends. Insider buying increased last week with insiders buying $35.47 million of stock compared to $22.81 million in the week prior.

Tags: american michael trust assets

 

As Obama admin orders carbon cuts, it sells coal rights

2014-09-14 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Boston Globe: The desolate stretch of Highway 133 crests a Rocky Mountain pass and settles into a valley where some of the world's most valuable coal is located -- and the landowner is the US taxpayer. If there is a "war on coal' by President Obama, as his critics say, then this might be a place to wage it. Obama has, after all, approved regulations designed to cut global-warming carbon emissions by nearly one-third, and he is preparing to attend a Sept. 23 United Nations climate summit at which he will renew...

Tags: rights orders admin carbon

 

GE Sells Appliance Division; Long-Term Play Becomes Clearer

2014-09-14 14:36:37| Chemicals - Topix.net

In its latest strategic move, GE announced it was selling off its appliance division to Electrolux for $3.3 billion. While not unprofitable, the division earned less than 4% of GE's total $146 billion; GE will focus on more profitable and larger growth sectors, such as energy .

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