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Wunderlich Raises Steven Madden Price Target to $43.00

2014-10-01 14:33:03| Footwear - Topix.net

The firm currently has a "buy" rating on the stock. Wunderlich's price target suggests a potential upside of 30.94% from the company's current price.

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Brazilian 4G auction raises only BRL 5.85 billion

2014-10-01 09:31:00| Telecompaper Headlines

(Telecompaper) The Brazilian government will receive BRL 5.85 billion from the auction of frequencies in the 700 MHz band for 4G services, well below the BRL 8.0 billion target. Claro Brasil was awarded lot 1, for national coverage, through a bid of BRL 1.947 billion (+1% over the minimum price); TIM Brasil was awarded lot 2, with national coverage, through a bid of BRL 1.928 billion (+1% over the minimum price), while Telefonica/Vivo won lot 3, for the minimum price of BRL 1.927 billion.

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Good Technology raises USD 80 mln in latest funding round

2014-10-01 08:25:00| Telecompaper Headlines

(Telecompaper) Good Technology, a developer of mobile device management software, said that it has raised USD 80 million in additional funding and that it is still considering an initial public offering, Re/Code reported. The company filed for an IPO earlier this year. CEO Christy Wyatt said the company is not rethinking its plan to go public and that is would continue to watch the market for a good moment. Good, which was once owned by Motorola, is currently privately held. The USD 80 million came from new investors, Wyatt said. Previous investors include Blueprint Ventures, Draper Fisher Jurvetson, ePlanet Capital, GKM Newport, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.

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Canadian Pacific raises share buyback ceiling after hitting maximum threshold

2014-09-30 15:41:11| Railroads - Topix.net

Canadian Pacific Railway Ltd. has received approval to more than double the amount of stock it can purchase under its 2014-15 share buyback program, having reached the maximum available under the initial plan. The Calgary-based company will now be able to repurchase and cancel up to 12.65 million common shares by mid-March 2015 - an increase of 140 per cent from the previous limit.

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Velocys raises 52 ($85) million for smaller scale GTL

2014-09-30 12:30:23| Green Car Congress

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