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Nissan raises profit forecast after sales grow in US, Europe

2015-02-09 10:45:55| Automakers - Topix.net

Nissan Motor Co. raised its earnings forecast for the fiscal year after reporting a nearly 21 perc... .

Tags: us sales europe profit

 

Why Investors Shouldn't Be Alarmed by the American Airlines Pilot Raises

2015-02-08 16:33:04| Airlines - Topix.net

There is a tendency among many investors to fear wage increases as negatives to the bottom line, and the recent contract approved at American Airlines Group ( While the wage increase percentage being reported looks high, it's necessary to dig deeper to understand what it really means for the airline. A big raise... or is it? The recently approved contract by American Airlines Group's pilots contains something many of us would like to see at our own jobs: a 23% raise followed by 3% raises each year afterward.

Tags: american pilot investors airlines

 
 

Hyundai Motor family raises US$1.1b with stake sale

2015-02-06 15:32:33| Automakers - Topix.net

The patriarch of South Korea's Hyundai Motor group and his heir-apparent have raised $1.1 billion selling their stakes in its logistics arm, officials said Friday. A man in Seoul walks past a branch of Hyundai Motor, whose chairman and vice chairman raised US$1.1 billion by selling their stakes in the company's logistics arm.

Tags: family sale motor hyundai

 

Dr Pepper Snapple Group raises dividend, extends share buyback plan

2015-02-06 11:49:00| Daily beverage news and comment - from just-drinks.com

Dr Pepper Snapple Group is raising its dividend rate by 17.1% and has authorised the buyback of an extra US$1bn of the company's stock.

Tags: group plan share extends

 

Sunrise prices IPO mid-range, raises CHF 1.36 bln

2015-02-06 08:44:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise has priced its initial public offering (IPO) and started listing on the SIX Swiss Exchange. Trading will begin following the IPO. The IPO is expected to close on 10 February. The company priced the offered shares at CHF 68 per share, in the middle of the indicated range of CHF 58-78. The total base offering consists of 20.0 million shares to be issued by Sunrise and 9.3 million existing shares offered by the selling shareholder. Sunrise and CVC have also granted a greenshoe of 4.1 million shares, to be offered by the selling shareholder. Following completion of the IPO, the number of offered Shares in the base offering will represent 65 percent of the issued share capital before the greenshoe and 75 percent after. Sunrise will use the expected proceeds of CHF1.36 billion, together with proceeds from other sources, to redeem in full the PIK Toggle notes and the 2012 notes and to pay back EUR 451 million of the senior notes and CHF 121 million of the CHF denominated 2010 Fixed Rate Senior Secured Notes on 13 February.

Tags: prices chf ipo sunrise

 

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