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Cortina Asset Management LLC Reduces Stake in Inogen Inc

2016-04-18 16:51:21| Biotech - Topix.net

Cortina Asset Management LLC decreased its position in Inogen Inc by 1.5% during the fourth quarter, Holdings Channel reports. The fund owned 423,068 shares of the medical technology company's stock after selling 6,367 shares during the period.

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Graco Inc. (GGG) Stake Reduced by American International Group Inc.

2016-04-18 16:32:08| Industrial Machines - Topix.net

American International Group Inc. decreased its stake in Graco Inc. by 5.3% during the fourth quarter, Holdings Channel reports. The firm owned 110,504 shares of the company's stock after selling 6,137 shares during the period.

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Telstra sells stake in China's Autohome for USD 1.6 billion

2016-04-18 11:06:00| Telecompaper Headlines

(Telecompaper) Telstra has agreed to sell a 47.7 percent stake in Chinese online business Autohome to Ping An Insurance Group for USD 1.6 billion. Telstra will retain a 6.5 per cent interest in Autohome after completing the transaction. The sale price of USD 29.55 per share reflects a premium of 12.7 percent to Autohome's volume weighted average price over the past 60 days. Ping An is expected to support Autohome's expansion into the offline car retail market in China, offering its expertise in financing and insurance. Telstra said it expects to book an accounting gain of AUD 1.8 billion in the second half of fiscal 2016. Completion of the sale is subject to Chinese regulatory approvals and Autohome Board approval. Telstra said it will take a "balanced approach in considering the use of these funds, which includes potential capital management options".

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Schwab Charles Investment Management Inc. Increases Stake in Microchip Technology Inc.

2016-04-18 04:35:47| Semiconductors - Topix.net

Schwab Charles Investment Management Inc. raised its position in shares of Microchip Technology Inc. by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission . The institutional investor owned 698,436 shares of the company's stock after buying an additional 39,600 shares during the period.

Tags: inc technology management investment

 

Brown Advisory Securities LLC Has $1,111,000 Stake in Oracle Co.

2016-04-17 18:45:00| IT Services - Topix.net

Brown Advisory Securities LLC lowered its stake in Oracle Co. by 9.8% during the fourth quarter, according to its most recent disclosure with the SEC.

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