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Even In The Age Of Instagram, The CEO Of A $7 Billion Company Refuses ...
2013-08-09 02:40:09| Jewelry - Topix.net
Although Kosta Kartsotis is the CEO of Fossil Group, a public company with a $7 billion valuation, hardly anyone knows what he looks like.
Megafon to buy Yota for USD 1.2 billion
2013-08-08 08:46:00| Telecompaper Headlines
(Telecompaper) MegaFon has agreed to buy LTE operator Scartel, which operates as Yota, from its majority owner Garsdale at an equity value of USD 1.18 billion. Scartel has nationwide LTE spectrum consisting of 2x30 MHz in the 2.5-2.6 GHz band. Its LTE network already covers 27 percent of the population and has more than 648,000 subscribers. Garsdale also controls MegaFon, and the mobile operator already acts as a MVNO on the Scartel network. Garsdale, which is ultimately controlled by Alisher Usmanov, has 50 percent plus 100 shares in Megafon, while TeliaSonera has a 25.2 percent stake. The latter said it plans to support the takeover at the special shareholders meeting in September to approve the deal. Megafon said it expects significant synergies from the takeover, allowing it to strengthen its data network, accelerate the roll-out and lower the cost of 4G deployment. It will also take on up to USD 600 million in debt from Yota.
Mondelez's profit beats Wall Street expectations; stock buybacks hiked to $6 billion
2013-08-08 01:55:43| Beverages - Topix.net
Oreo cookie maker Mondelez International Inc. reported a better-than-expected profit Wednesday and sharply raised its stock buyback authorization to $6 billion.
Tags: street
stock
wall
profit
Mondelez's profit beats Wall Street expectations; stock buybacks hiked sharply to $6 billion
2013-08-07 23:50:07| Food - Topix.net
Oreo cookie maker Mondelez International Inc. reported a better-than-expected profit Wednesday and sharply raised its stock buyback authorization to $6 billion.
Tags: street
stock
wall
profit
Interpol warns of criminal focus on $176 billion carbon market
2013-08-07 23:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Responding to Climate Change: Carbon trading schemes are at acute risk from criminal gangs and fraud, a new report from Interpol warns. The police agency says uncertain regulations and a lack of oversight and transparency threaten the environmental and financial integrity of the worlds carbon markets, worth an estimated $176 billion. And it says that there is a risk that if financial instruments related to carbon trading become too complex, the worlds carbon markets could spark a financial crisis on par with 2008. The report...
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focus
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billion
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