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Fiat Chrysler CEO Sees Ferrari IPO In Second Quarter-third Quarter Of 2015

2014-11-11 17:43:18| Automakers - Topix.net

The initial public offering of luxury carmaker Ferrari is expected to happen between the second and the third quarter of 2015, the chief executive of parent Fiat Chrysler Automobiles FCA CEO Sergio Marchionne said last month he would spin off Ferrari from the group, sell a 10 percent stake via a public offering and distribute the rest of FCA's stake in the luxury sports car brand to its shareholders. The spin-off is part of a bigger capital-raising plan that also includes a $2.5 billion convertible bond issue to help cut debt and fund an ambitious business plan at the world's seventh-largest carmaker.

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Evogene Reports Third Quarter 2014 Financial Results

2014-11-11 09:26:17| Agriculture - Topix.net

Evogene Ltd. , a leading company for the improvement of crop quality, productivity and economics for the food, feed and biofuel industries, announced today its financial results for the quarter and nine months ended September 30, 2014. Ofer Haviv, Evogene's President and CEO, stated: "During the approximately one year period following our initial public offering in the U.S., we have been pleased to report accelerating progress in both enhancing our leadership position as a premier provider of seed traits to the agriculture industry, and in making significant progress across our other areas of focus."

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Internet Gold Reports Its Financial Results for the Third Quarter of 2014

2014-11-10 17:22:16| IT Services - Topix.net

Golden Lines Ltd. today reported its financial results for the third quarter ended September 30, 2014. Bezeq's Results: For the third quarter of 2014, the Bezeq Group reported revenues of NIS 2.2 billion and operating profit of NIS 671 million .

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Sappi Limited results for the year and fourth quarter ended September ...

2014-11-10 09:40:30| Paper - Topix.net

"We made significant strides in the execution of our strategy this past year. Notable achievements were reduction of net debt, improved performance of our European and Southern African paper businesses and delivery of substantially increased dissolving wood pulp volumes into a growing and high margin market.

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Cooper Tirea s earnings inflate in third quarter

2014-11-09 06:04:35| Industrial Machines - Topix.net

By LOU WILIN STAFF WRITER Lower raw material costs and a 14 percent growth in the number of tires sold propelled Cooper Tire & Rubber Co.

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