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Encana to sell remaining stake in PrairieSky Royalty for $2.6 billion

2014-09-09 12:11:51| Energy - Topix.net

Encana Corp. has signed a deal to sell its remaining stake in PrairieSky Royalty Ltd. in a secondary offering valued at about $2.6 billion. The company created PrairieSky earlier this year when it spun off a large portion of its royalty lands into the new public company.

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ABB Launches $4 Billion Share Buyback

2014-09-09 09:58:52| Electronics - Topix.net

ABB Ltd is launching a $4 billion share buyback as part of a strategic revamp by its recently appointed Chief Executive Ulrich Spiesshofer as he battles problems at the engineering giant's power systems business and a sluggish economy. The Zurich-based company, the world's largest maker of power grids, said it would buy the shares from Sept.

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Encana to sell remaining stake in PrairieSky Royalty for $2.6 billion

2014-09-09 07:48:19| Oil & Gas - Topix.net

Encana Corp. has signed a deal to sell its remaining stake in PrairieSky Royalty Ltd. in a secondary offering valued at about $2.6 billion. The company created PrairieSky earlier this year when it spun off a large portion of its royalty lands into the new public company.

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Epoxy Resin Market Worth $9.2 Billion by 2019

2014-09-09 07:00:00| Coatings World Breaking News

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Facebook's Value Tops $200 Billion on Mobile-Ad Optimism

2014-09-09 01:22:19| IT Services - Topix.net

Facebook Inc.'s market value exceeded $200 billion Monday to put it among the world's biggest corporations, as investors bet on the company to capitalize on the future of mobile advertising. Facebook shares rose 0.8 percent to $77.89 at the close in New York, valuing the company at $201.6 billion, according to data compiled by Bloomberg.

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