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Regulator's blunder sees MTN Nigeria fine increase to $3.9bn

2015-12-07 01:00:00| Total Telecom industry news

Telco receives second letter with correct penalty after NCC reportedly made a typo on the first.

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Report: Auto Industry Sees Record Sales

2015-12-06 00:22:11| Auto Dealers - Topix.net

According to reports , November auto sales hit record numbers. New-car sales last month benefited from Black Friday deals, low gasoline prices, and low financing costs, analysts report.

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Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival

2015-12-05 14:49:39| Industrial Machines - Topix.net

Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.

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Gastar Exploration Inc (GST) Sees Large Drop in Short Interest

2015-12-05 07:51:46| Logistics - Topix.net

Gastar Exploration Inc saw a significant decrease in short interest in the month of November. As of November 13th, there was short interest totalling 7,968,126 shares, a decrease of 1.6% from the October 30th total of 8,099,490 shares, Marketbeat.com reports.

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Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival

2015-12-05 01:39:47| Auto Parts - Topix.net

Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.

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