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Tag: stake
Morning Movers: Dow Chemical Pops on Loeb Stake; Delta Air Lines Flies on Earnings
2014-01-21 17:33:13| Chemicals - Topix.net
Dow Chemical has jumped 6.7% to $45.81 in pre-open trading on reports that hedge-fund manager Dan Loeb has opened a $1.3 billion position .
Tags: air
lines
morning
chemical
Dan Loeb Takes A New Stake In Dow Chemical And It's Now Third Point's Largest Positon
2014-01-21 16:28:23| Chemicals - Topix.net
He posted his investment thesis on website HVST.com. That's the same website Kyle Bass posted his thesis on GM.
Shell to sell stake in Australian LNG project
2014-01-21 01:00:00| Hydrocarbons Technology
Shell is set to sell stakes in a Western Australia gas project and joint venture to the Kuwait Foreign Petroleum Exploration (KUFPEC) for $1.14bn as part of the company's drive to improve returns on investment.
Tags: project
sell
australian
shell
ARC Capital sells Xiajin Dairy stake in $30m deal
2014-01-21 01:00:00| Food Processing Technology
ARC Capital Holdings, an investment firm, has sold its entire shareholding in Ningxia Xiajin Dairy to investment holding company Prospect Link for $30m in cash.
LT in talks with foreign firms for sale of PAL stake
2014-01-20 04:51:24| Beverages - Topix.net
Tobacco and airline magnate Lucio Tan is in talks with foreign companies interested to acquire 51-percent stake in flagship carrier Philippine Airlines .
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