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Renault Profit Surges as European Recovery Boosts Car Sales

2015-07-30 11:37:21| Auto Dealers - Topix.net

Renault SA reported a 47 percent jump in first-half earnings on robust demand in Europe for new models like the Kadjar sport utility vehicle. Operating profit rose to 1.07 billion euros from 729 million euros a year earlier, the Boulogne-Billancourt, France-based company said Thursday in a statement.

Tags: sales car european profit

 

Melrose surges on Elster disposal, plans to return over A 2bn to shareholders

2015-07-28 10:08:52| Chemicals - Topix.net

Melrose Industries rocketed 15% after saying it has entered into an agreement to dispose of its Elster business to Honeywell International for a cash consideration of A 3.3bn and announcing plans to return over A 2bn to shareholders. The company said the consideration is payable in cash on completion and implies a multiple of 3.1 times 2014 revenue and 14.3 times 2014 headline earnings before interest, tax, depreciation and amortisation.

Tags: to return plans disposal

 
 

Energy M&A value surges in Q2 thanks to one big deal

2015-07-24 07:23:11| Oil & Gas - Topix.net

The value of energy-related mergers and acquisitions in the second quarter hit the highest level since the end of 2012, but the number of M&A deals was the lowest in years. According to a new report from the U.S. Energy Information Administration , the total value of energy M&A deals announced last quarter was $115 billion - the highest since the fourth quarter of 2012.

Tags: to big energy deal

 

Energy M&A value surges in Q2 thanks to one big deal

2015-07-24 04:07:54| Energy - Topix.net

The value of energy-related mergers and acquisitions in the second quarter hit the highest level since the end of 2012, but the number of M&A deals was the lowest in years. According to a new report from the U.S. Energy Information Administration , the total value of energy M&A deals announced last quarter was $115 billion - the highest since the fourth quarter of 2012.

Tags: to big energy deal

 

Cirrus Surges On Earnings, Other Chips Await Results

2015-07-24 01:20:54| Semiconductors - Topix.net

Hurt by disappointing iPhone sales numbers Wednesday, shares came back with a vengeance Thursday in response to Cirrus' earnings report. The stock gapped up to as much as a 22% gain and retook its 50-day moving average.

Tags: results earnings chips await

 

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