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Kerry divests holdings in Cdn oil companies amid conflict of interest concerns

2013-01-24 02:10:10| Energy - Topix.net

John Kerry and his wife have agreed to divest holdings in a Canadian oil company, as well as dozens of other investments, in an effort to avoid conflicts of interest as the Massachusetts senator prepares to become America's next secretary of state.

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Z Trim Holdings, Inc. Enters Into Joint Development Agreement With Drilling Fluids Company

2013-01-23 04:43:58| oilandgasonline News Articles

Z Trim Holdings, Inc. (OTC Markets: ZTHO – News), a bio-technology company providing value-added ingredients to a variety of industries, today announced that it has entered into a joint development agreement with Newpark Drilling Fluids LLC, a subsidiary of Newpark Resources, Inc. (NYSE:NR), to develop new, environmentally-friendly drilling fluids that incorporate Z Trim's proprietary industrial materials that could replace the likes of guar and xanthan gums in drilling applications.

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Ryanair Holdings plc Downgraded by HSBC

2013-01-19 11:34:03| Airlines - Topix.net

Ryanair Holdings plc traded down 1.22% on Friday, hitting $38.305. Ryanair Holdings plc has a 52-week low of $27.66 and a 52-week high of $39.00. The stock's 50-day moving average is currently $35.79. The company has a market cap of $11.038 billion and a price-to-earnings ratio of 14.26. A number of other analysts have also recently weighed in on ... (more)

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Jarden Buys Lifoam Holdings

2013-01-18 23:31:21| Appliances - Topix.net

Publicly traded private equity firm American Capital announced Friday that its portfolio company Lifoam Holdings Inc.

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Shaw sells option on spectrum holdings to Rogers

2013-01-15 09:00:00| Telecompaper Headlines

(Telecompaper) Canadian operators Rogers Communications and Shaw Communications have agreed to an asset swap. Rogers will acquire Shaw's Hamilton-based cable operations Mountain Cablevision and an option to acquire Shaw's AWS spectrum licences in British Columbia, Alberta, Saskatchewan, Manitoba and Northern Ontario. Shaw will in turn buy the third of shares it does not yet own in the TV channel TVtropolis from Rogers for CAD 59 million. The net price for Rogers is approximately CAD 700 million, including an initial CAD 250 million deposit for the cable operations in southern Ontario plus CAD 400 million cash for the remainder and CAD 50 million for the spectrum option. The final option exercise price will be settled in negotiations over the next several months. If regulatory approval is secured, the option would likely be exercised in late 2014, Rogers said. Shaw and Rogers also agreed a services provision deal in Western Canada and continued carriage of TVtropolis on Rogers' network. Shaw said it will use the proceeds from the sale for capital investment in its network.

Tags: option spectrum holdings rogers

 

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