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Regulator Suspends Trading in Portugal Telecom's Shares

2015-01-09 20:17:24| Telecom - Topix.net

Portugal's stock market regulator on Friday suspended trading in shares of Portugal Telecom SGPS SA until the firm discloses "relevant information" about the sale of an operating unit to France's Altice SA . The regulator, CMVM, said it had asked Portugal Telecom several times since Dec. 22 to provide more details about a Jan. 12 shareholder meeting to approve the sale but hadn't received a response.

Tags: portugal trading shares regulator

 

Railroad links reports on oil trains, illegal trading

2015-01-08 18:37:13| Railroads - Topix.net

In the latest attempt to keep states from publicly releasing information about crude oil trains, one railroad argues that the disclosures could facilitate insider trading. In a Dec. 29 letter to Texas Attorney General Greg Abbott, Kansas City Southern wrote that the state "should not disclose information to individuals that creates the potential for investment activity by individuals having non-public information."

Tags: links reports oil trading

 
 

Marks & Spencer trading update: What the analysts say

2015-01-08 11:13:00| Daily apparel & textile news and comment - from just-style.com

Marks & Spencer this morning (8 January) revealed a "difficult quarter" for general merchandise, with sales down 5.4% and like-for-like sales down 5.8%. One analyst believes that while M&S's strategy of becoming more fashion focused is generally sound, it has some way to go before it fully wins the confidence of consumers in this area. Here are analysts views of today's results.

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China carbon trading to almost double in 2015

2015-01-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Carbon trading in China could almost double in 2015, analysts say, as more companies come up against curbs on climate pollution. It is the first year all seven regional carbon market pilots, designed to make polluters pay, are up and running. Some 24 million tonnes of carbon dioxide equivalent were traded under these schemes in 2014, according to Thomson Reuters, with a value of EUR123 million. That will rise to 40 Mt in 2015, the research agency forecasts. Historically, Chinese companies...

Tags: china double trading carbon

 

China Stocks Extend World-Beating Rally in Start of 2015 Trading

2015-01-05 08:26:31| Airlines - Topix.net

China's stocks rose on the first trading day of 2015, extending gains for the world's best-performing equities market last year, as transport companies and property developers rallied. Daqin Railway Co.

Tags: start china trading extend

 

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