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Cheung Kong, Hutchison shares jump in Hong Kong on business revamp

2015-01-12 08:08:10| Real Estate - Topix.net

Shares of Cheung Kong Holdings Ltd and Hutchison Whampoa surged on Monday after Asia's richest man Li Ka-shing announced a restructuring of his business empire, a move he said was aimed at creating better value for shareholders. The group said on Friday that the Hong Kong conglomerate will split into two listed companies, one focusing on property and the other on telecoms, retail and energy, in a bid to boost their value and attract more investors.

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AOL shares jump on Verizon speculation

2015-01-06 05:21:52| IT Services - Topix.net

AOL shares jumped on a reportthat Verizon Communications has approached the New York Internet company about an acquisition or joint venture. AOL shares jump on Verizon speculation AOL shares jumped on a reportthat Verizon Communications has approached the New York Internet company about an acquisition or joint venture.

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Shares jump on China train merger

2014-12-31 05:58:20| BBC News | Business | UK Edition

Chinese listed shares of the world's largest train makers skyrocketed on Wednesday after the firms announced plans to merge.

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Tiger Airways shares jump after SIA's takeover bid gets regulatory nod

2014-12-01 04:23:54| Airlines - Topix.net

A Tiger Airways plane is towed on the runway past Singapore Airlines and Tiger Airways planes sitting on the tarmac at Changi Airport in Singapore. -- PHOTO: REUTERS Tiger Airways Holdings was one of the biggest gainers on the Singapore stock market when trading opened for the week on Monday morning after its takeover by Singapore Airlines was cleared for takeoff by the competition watchdog on Friday evening.

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Shares of Jakks Pacific, Build-a-Bear jump on holiday forecast

2014-10-24 02:50:51| Toys - Topix.net

Shares of Build-a-Bear Workshop Inc and Jakks Pacific Inc jumped after the struggling toy retailers forecast strong holiday sales, indicating that a bumper fourth quarter could go a long way in lifting the companies' sagging fortunes. Build-a-Bear's shares rose as much as 25.6 percent to a more than six-year high of $16.00.

Tags: jump holiday pacific shares

 

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