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Market Close: Shares rise, led by Xero; Fonterra gains

2015-09-28 09:12:45| Food - Topix.net

New Zealand shares rose, led by Xero, after it lifted fees for in its second largest market. Fonterra Shareholders' Fund extended recent gains as farmers bought in to access an interest free loan.

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US close: S&P 500 closes lower for second consecutive week

2015-09-28 03:16:37| Footwear - Topix.net

Early gains on Wall Street following a speech from Fed Chair Janet Yellen in the previous evening were snuffed out as biotechnology issues continued to reel, leaving the S&P 500 on track for its worst quarterly performance in four years. The NYSE Arca biotechnology index closed 4.71% lower, just under 21% off the record-high it touched in mid-July; investors continued to show caution after remarks from presidential hopeful Hillary Clinton on Monday, regarding possible price-gouging in the pharmaceuticals industry.

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Telecom Italia wants to close Inwit sale or merger by year-end: sources

2015-09-26 17:42:35| Telecom - Topix.net

The board of Telecom Italia on Friday mandated Chief Executive Marco Patuano to explore ways to extract value from Inwit. The indebted Italian telecoms incumbent in June listed 40 percent of Inwit on the Milan stock exchange and since then shares have risen 22 percent.

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RCOM close to completing Infratel sale

2015-09-25 15:34:41| IT Services - Topix.net

There are four bidders - American Tower Corporation , Carlyle, Farallon Capital and Tillman Capital -competing for a majority stake in the tower firm, although two of the prospective buyers are interested in purchasing RCOM's entire 96% stake according to one of the sources.

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Glenn Close divorced for the third time

2015-09-24 20:57:39| Apparel - Topix.net

Glenn Close attends the Giorgio Armani 40th Anniversary Silos Opening And Cocktail Reception on April 30, 2015 in Milan, Italy. The "Fatal Attraction" star actress tied the knot with the venture capitalist in February 2006, but the union is now over, a representative has confirmed to People.com.

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