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Brazil raises foreign ownership limit on airlines to 49 pct

2016-03-02 13:32:23| Airlines - Topix.net

Brazil has lifted the legal limit on foreign ownership of local airlines to 49 percent, from 20 percent previously, according to a presidential decree published in the official gazette on Wednesday, opening the door to more help for troubled carriers. Weak domestic demand and the sharp depreciation of Brazil's currency have caused deep operating losses, forcing airlines to cut routes and jobs and seek foreign partners.

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Tiaa Cref Trust Co. FSB Mo Raises Stake in Coca-Cola

2016-03-01 22:32:09| Beverages - Topix.net

TIAA CREF Trust Co. FSB MO raised its stake in Coca-Cola by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC.

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Dividend Raises And Cuts For February 2016

2016-03-01 21:50:56| Agriculture - Topix.net

Dividend growth investing is a popular model followed by the investing community to build assets. Companies which not only pay dividends, but raise them year after year have been shown to perform better overall for investor returns.

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Strs Ohio Raises Stake in Monster Beverage Corp

2016-03-01 16:22:08| Beverages - Topix.net

Strs Ohio raised its stake in shares of Monster Beverage Corp by 17.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The fund owned 159,402 shares of the company's stock after buying an additional 23,155 shares during the period.

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Vivendi raises Gameloft offer to EUR 7.20 a share

2016-03-01 08:50:00| Telecompaper Headlines

(Telecompaper) Vivendi has raised the price of its proposed public tender offer for Gameloft shares to EUR 7.20 per share. On 18 February, the group had announced its intent to launch an offer for Gameloft shares at EUR 6 per share. Vivendi currently holds 30 percent of Gameloft. In a related move, Vivendi announced that it now holds 15.66 percent of the share capital of Gameloft's sister company Ubisoft.

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