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Toyota quarterly profit rises to $5 billion on weak yen
2015-11-05 10:00:14| Automakers - Topix.net
Toyota Motor Corp. reported Thursday, Nov. 5, 2015 a 13.5 percent increase in quarterly p... . In this Oct. 28, 2015 photo, Toyota Motor Corp.'s booth is crowded with visitors in the media preview of the Tokyo Motor Show in Tokyo.
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Bloomberg: China to Boost $100 Billion Green Bond Market for Renewables
2015-11-04 11:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: "China is set to become a hotbed for the $100 billion market in bonds tied to environmentally-friendly investments as authorities and developers seek alternatives to loans for funding a transformation to clean energy supplies." Manuel Lewin, Head of Responsible Investment at Zurich, responded to the news commenting: Chinas interest in green bonds is driven by the ambition to grow its economy sustainably, and the need to combat various environmental challenges. We are pleased to see increased...
Exclusive: EU to clear $37 billion Avago, Broadcom deal without conditions - sources
2015-11-04 02:31:51| Electronics - Topix.net
European Commission spokesman Ricardo Cardoso declined to comment. The EU competition authority extended its deadline for a decision on the deal to Nov. 23 from Nov. 9. U.S. regulators nodded through the takeover in August.
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Exclusive: EU to clear $37 billion Avago, Broadcom deal without conditions - sources
2015-11-04 01:55:54| Semiconductors - Topix.net
European Commission spokesman Ricardo Cardoso declined to comment. The EU competition authority extended its deadline for a decision on the deal to Nov. 23 from Nov. 9. U.S. regulators nodded through the takeover in August.
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Activision to buy King for USD 5.9 billion
2015-11-03 09:05:00| Telecompaper Headlines
(Telecompaper) Activision Blizzard and King Digital Entertainment have signed a definitive agreement under which Activision subsidiary ABS will acquire all of the outstanding shares of King for USD 18 in cash per share, for a total equity value of USD 5.9 billion. The price implies a 20 percent premium over King's closing price on 30 October. The two companies' boards unanimously approved the acquisition being implemented under a scheme of arrangement under Irish law. Pending approval by King's shareholders, the Irish High Court and antitrust authorities, the acquisition is expected to be completed in spring 2016. The combined company will have more than half a billion monthly active users in 196 countries, and will be a leader in mobile gaming. Activision Blizzard believes the acquisition will be accretive to 2016 estimated non-GAAP revenues and earnings per share by approximately 30 percent and significantly accretive to 2016 estimated free cash flow per share.
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