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Cap Gemini to buy U.S.-based IGATE in $4 billion deal

2015-04-27 09:21:42| IT Services - Topix.net

French IT services company Cap Gemini said on Monday it planned to buy U.S.-based IGATE Corp for $4 billion cash in a deal that will make North America its biggest market. IGATE, a technology and services company headquartered in New Jersey with 2014 revenues of $1.3 billion, double-digit growth, and a 19 percent operating margin, is to be acquired for $48 a share, Cap Gemini said.

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OTA reacts to Ontario's announcement of a carbon cap and trade program

2015-04-14 14:13:43| Trucking - Topix.net

An announcement yesterday that Ontario will join Quebec in introducing a carbon cap and trade system raised questions about how the trucking industry will be affected. The Ontario Trucking Association reacted with questions about how funds raised will be reinvested.

Tags: program trade cap carbon

 
 

China's Tencent hits $200 billion market cap for first time

2015-04-13 15:34:36| IT Services - Topix.net

China's Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country's biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 in trading in Hong Kong, giving it a market valuation of $206 billion. This is higher than Oracle's $190 billion, Amazon's $178 billion and IBM's $161 billion.

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China's Tencent hits $200 billion market cap for first time

2015-04-13 15:20:44| Telecom - Topix.net

China's Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country's biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 in trading in Hong Kong, giving it a market valuation of $206 billion. This is higher than Oracle's $190 billion, Amazon's $178 billion and IBM's $161 billion.

Tags: time market hits cap

 

David Herro's Oakmark International Small Cap Fund 1Q 2015 Letter

2015-04-09 03:21:48| Agriculture - Topix.net

The Oakmark International Small Cap Fund returned 9% for the quarter ended March 31, 2015, outperforming the MSCI World ex U.S. Small Cap Index, which returned 4% for the same period. Since the Fund's inception in November 1995, it has returned an average of 10% per year.

Tags: international small david letter

 

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