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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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IAC Interactive Has Gone On Sale With Catalysts Looming

2015-09-26 17:09:01| Apparel - Topix.net

Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. Shares of IAC have fallen 20% while the company is in the midst of monetizing its greatest asset, Tinder, in anticipation of an IPO later this year.

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Volkswagen emissions scandal: Switzerland bans sale of some models

2015-09-26 10:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Switzerland has banned sales of Volkswagen diesel cars in the most severe step taken so far by a government in reaction to the emissions crisis. The country has stopped the sale of any VW cars in the Euro5 category, which contains the majority of the cars that the company has admitted have defeat devices. The move effects roughly 180,000 cars that are yet to be sold or registered, including 1.2-litre, 1.6-litre and 2.0-litre diesel engines for the VW, Audi, Seat and Skoda brands. However, the...

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VW models sale halted in Switzerland

2015-09-26 02:58:38| BBC News | Business | UK Edition

Switzerland temporarily bans the sale of some Volkswagen diesel-engine models in the wake of the emissions-rigging scandal in the US.

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Sikorsky sale clears antitrust hurdle

2015-09-25 21:29:58| Paper - Topix.net

A sailor signals to a Sikorsky MH-60S Seahawk helicopter on the flight deck of the amphibious assault ship USS Boxer during Dawn Blitz 2015 exercises in the Pacific Ocean on September 6, 2015. The Seahawk is assigned to Helicopter Sea Combat Squadron 23. United Technologies' sale of Sikorsky Aircraft to Lockheed Martin cleared the required Hart-Scott-Rodino antitrust waiting period, one of the requirements for Lockheed Martin to complete its purchase of the Stratford-based helicopter manufacturer.

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