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Altice IPO raises EUR 1.3 billion
2014-01-31 09:14:00| Telecompaper Headlines
(Telecompaper) Cable operator Altice has priced its initial public offering at EUR 28.25 per share, the mid-point of the earlier indicated range, giving the group a market capitalisation of EUR 5.7 billion. The company is selling 26.5 million new shares to raise around EUR 750 million, while existing shareholder Next, the holding company of founder and chairman Patrick Drahi, will sell shares worth around EUR 555 million. The IPO will give the company a free float of 22.8 percent of outstanding shares, or 26.2 percent if the over-allotment option in the offering is exercised. The shares start trading in Amsterdam on 31 January.
Exxon Mobil profit falls 16 per cent to $8.35 billion, revenue misses Wall Street ...
2014-01-30 17:02:13| Chemicals - Topix.net
This Feb. 27, 2012 photo shows gas prices at a Pittsburgh Exxon mini-mart. THE CANADIAN PRESS/AP, Gene J. Puskar This Feb. 27, 2012 photo shows gas prices at a Pittsburgh Exxon mini-mart.
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Exxon's Q4 Profit Dips To $8.35 Billion
2014-01-30 15:20:44| Oil & Gas - Topix.net
Exxon Mobil's profit is down 16 percent from last year as the company is producing slightly less oil and gas.
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Exxon's 4Q profit dips 16% to $8.35 billion
2014-01-30 15:07:31| Energy - Topix.net
Exxon Mobil's profit is down 16 percent from last year as the company is producing slightly less oil and gas.
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Google sells Motorola to Lenovo for $3 billion, throws in the smartphone towel
2014-01-30 13:48:19| Extremetech
With everything on its plate, Google has decided to stop pouring billions into its Motorola smartphone products, selling the business to Lenovo in the hopes that the new owner can better serve the market.
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