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China's stocks surge on state firm merger hopes
2015-04-28 04:54:49| Oil & Gas - Topix.net
China stocks jumped to fresh seven-year highs on Monday, led by heavyweights such as China Petroleum & Chemical Corp and PetroChina Co Ltd on expectations that Beijing will accelerate mergers among state-owned enterprises . China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing looks to overhaul the vast underperforming state sector, state media reported on Monday.
Surge says $430-million asset sale will reduce debt, help invest in discovery
2015-04-27 17:21:00| Oil & Gas - Topix.net
Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.
Tags: sale
reduce
debt
discovery
Surge says $430-million asset sale will reduce debt, help invest in discovery
2015-04-27 17:15:24| Energy - Topix.net
Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.
Tags: sale
reduce
debt
discovery
QE-driven stock surge cause for concern, not celebration
2015-04-24 02:34:54| Appliances - Topix.net
An historic surge in stock markets that's being fueled by central-bank cash injections is more a cause for concern than for jubilation. That's according to Annika Falkengren, the chief executive officer of SEB AB, Scandinavia's biggest foreign-currency trading bank.
Tags: not
stock
concern
celebration
Pace shares surge on Arris deal
2015-04-23 10:11:08| BBC News | Business | UK Edition
Shares in set-top box maker Pace jump by a third after the company agrees to be bought by Arris Group.
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