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Tag: investors
Qantas could afford to return $2.4b of cash to investors: Deutsche Bank
2015-09-30 08:04:23| Airlines - Topix.net
Qantas chief executive Alan Joyce is expected to unveil more treats for shareholders as the airline heads for a record profit this year. Qantas Airways could return an additional $2.4 billion of cash to shareholders this financial year due to an expected record-breaking financial performance driven by its cost cutting program and the lower oil price, according to Deutsche Bank.
Tags: return
bank
cash
deutsche
Wall Street down as investors eye China
2015-09-29 11:56:50| Biotech - Topix.net
US stocks finished sharply lower on Monday and were on track for their worst quarter in four years as investors worried about the health of China's economy and its potential impact on the timing of a US interest rate increase. Much of the damage came from pharmaceutical and biotech stocks after Democratic lawmakers on Monday attacked "massive" price increases of two heart drugs from Canada's Valeant Pharmaceuticals International, which tumbled 16.5 percent.
Investors eye Orange Kenya's KES 13 bln real estate assets
2015-09-29 10:00:00| Telecompaper Headlines
(Telecompaper) Investment firms fighting to take over Orange's stake in Orange Kenya are mainly eyeing the company's KES 13 billion real estate assets, an Orange valuation report shows, as reported in Business Daily. The report, which Orange prepared ahead of failed negotiations to sell the stake to Nigerian investors, shows that land, together with frequency spectrums and a vast fibre optic cables network, top the list of assets that the French company is using to entice suitors as it prepares to exit the Kenyan market.
Tags: real
estate
real estate
eye
U.S. Investors Sue Volkswagen Over Diesel Emissions Scandal
2015-09-28 15:28:00| Automakers - Topix.net
Volkswagen AG was accused in a lawsuit of scheming to defraud U.S. investors who paid artificially inflated prices for the company's foreign shares while it cheated on vehicle emissions tests. In what may be the first investor suit over Volkswagen's use of so-called defeat device software to pass smog tests, a Michigan pension fund alleges that holders of the company's American depositary receipts lost hundreds of millions of dollars.
Tags: sue
diesel
investors
volkswagen
Apple Inc. (AAPL) & Other Stocks that Lose Billionaire Investors' Support
2015-09-26 18:10:58| Semiconductors - Topix.net
Billionaires represent a class of investors that have time and again profited from their understanding of financial markets. Hence it is no surprise that we track these accomplished investment managers and their firms at Insider Monkey.
Tags: support
apple
lose
stocks
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