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Handy & Harman (HNH) Downgraded From Hold to Sell

2014-12-04 14:07:38| Industrial Machines - Topix.net

TheStreet Ratings Team has this to say about their recommendation: "We rate HANDY & HARMAN LTD a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover.

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Opinion: Cheap oil won't help Detroit sell more cars

2014-12-04 08:58:41| Auto Dealers - Topix.net

U.S. AUTO sales boomed on Black Friday as huge discounts pushed volumes to more than 17 million units on an annualized basis, the highest level in 11 years. But even with big price cuts pumping up deliveries of new cars - likely at the expense of fourth-quarter profit margins - the biggest discounts of the holiday weekend were actually on crude oil.

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Indian government to sell off 5% stake in Steel Authority of India

2014-12-04 05:11:31| Steel - Topix.net

Notice of Offer for Sale of equity shares of Steel Authority of India Limited by its Promoter, the President of India, acting through the Ministry of Steel, Government of India, through the stock exchange mechanism The government said in the Dec. 3 filing that it is selling up to 206,526,264 shares with a face value of 10 Indian rupees each. Under the offer, 10% of the shares have been set aside for retail investors, who can subscribe for shares worth up to 200,000 rupees at a 5% discount to the bid price.

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Vossloh to sell its rail transportation division

2014-12-04 01:00:00| Railway Technology

German technology manufacturer Vossloh has decided to sell its unprofitable transport division, which produces locomotives and commuter trains.

Tags: sell division transportation rail

 

WPX Energy to sell Marcellus Shale assets to Southwestern Energy

2014-12-04 01:00:00| Hydrocarbons Technology

WPX Energy has agreed to sell its oil and gas assets including around 46,700 net acres in northeast Pennsylvania, US, to Southwestern Energy for about $300m.

Tags: sell energy assets southwestern

 

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