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Singapore Airlines yet to decide on boosting Virgin Australia stake

2016-01-20 06:52:51| Airlines - Topix.net

Singapore Airlines is pleased that Virgin Australia is improving its financial performance, but it has yet to decide whether it will boost its stake in the Australian carrier to 25.9 per cent to equal the other major airline shareholders, Air New Zealand and Etihad Airways. "We have [Foreign Investment Review Board] approval up to 25.9 per cent," Singapore Airlines chief executive Goh Choon Phong told The Australian Financial Review during a visit to Canberra on Wednesday to announce the launch of direct services from the national capital to Singapore from September.

Tags: australia decide singapore virgin

 

MPs' concern over Eurostar stake sale

2016-01-20 01:04:11| BBC News | Business | UK Edition

The sale of the UK government's stake in the Eurostar train service is "further evidence" of assets being undervalued, the Public Accounts Committee says.

Tags: sale concern stake mps

 
 

CIBC World Markets Eliminates Stake in Fomento Economico Mexicano SAB

2016-01-19 14:50:49| Beverages - Topix.net

CIBC World Markets closed out its stake in shares of Fomento Economico Mexicano SAB during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor previously had a 8,316 share stake in the company, valued at approximately $710,435.

Tags: world markets mexicano stake

 

Alliance Fiber Optic Products Inc (AFOP) Stake Sold by Acadian Asset Management

2016-01-19 12:33:38| Semiconductors - Topix.net

Acadian Asset Management closed out its stake in Alliance Fiber Optic Products Inc during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor previously had a 65,015 share stake in the company, valued at approximately $869,250.

Tags: products management sold asset

 

P. R. Herzig & Company Has $600,000 Stake in Nike Inc

2016-01-19 12:03:57| Footwear - Topix.net

P. R. Herzig & Company continued to hold its position in shares of Nike Inc during the fourth quarter, according to its most recent 13F filing with the SEC. The hedge fund owned 9,600 shares of the footwear maker's stock at the end of the fourth quarter.

Tags: inc company nike stake

 

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