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Ontario to realize up to almost $2B in new sale of Hydro One shares
2016-04-06 02:30:24| Energy - Topix.net
The Ontario government is selling more shares of Hydro One Ltd. in a move that could raise almost $2 billion for the province. The government and the electricity transmission and distribution company say they have entered into an agreement with a syndicate of underwriters for the secondary offering on a bought deal basis of some 72.4 million shares.
Cargomatic - an 'Uber for truckers' with high-profile VC investment - laid off 50% of its staff
2016-04-05 22:13:34| Trucking - Topix.net
Cargomatic, a Los-Angeles based logistics startup described as the "Uber for truckers" which has raised more than $10 million in funding, "blindsided" staff by laying off half of its workforce - around 50 to 60 employees - over the past couple of months, according to people familiar with the matter. What most surprised staff was that up until recently the three-year-old company, which provides an app to connect businesses that need to ship goods locally with nearby truckers who have capacity in their vehicles, had been on a hiring spree.
Invitation to presentation of NetEnt's report for the first quarter of 2016
2016-04-05 20:11:35| Appliances - Topix.net
On Tuesday, April 19, 2016, at 7:30 am NetEnt will release its interim report for the first quarter of 2016. Following the earnings release, on the same day at 9:00 am , NetEnt invites analysts, media and investors to the company's office at Luntmakargatan 18 in Stockholm, where CEO Per Eriksson will present the report.
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New M&S CEO Rowe to retain control of clothing
2016-04-05 16:08:00| Daily apparel & textile news and comment - from just-style.com
The new CEO of Marks & Spencer will also continue to lead the group's flailing clothing business, it has emerged, and has pledged to make its turnaround a priority for the UK retailer.
CHS Announces Issuance Of Shares Of Preferred Stock To Redeem $77 Million Of Patrons' Equity
2016-04-05 12:06:58| Agriculture - Topix.net
CHS ANNOUNCES ISSUANCE OF SHARES OF PREFERRED STOCK TO REDEEM $77 MILLION OF PATRONS' EQUITY Apr. 4, 2016 Source: CHS Inc. news release CHS Inc. today announced the issuance, on March 31, 2016, of 2,693,195 shares of its Class B Cumulative Redeemable Preferred Stock, Series 1 to redeem about $77 million of qualified CHS equity. The amount of CHS qualified equity redeemed with each share of Class B Series 1 Preferred Stock was $28.50, equal to the closing price for one share of the Class B Series 1 Preferred Stock on March 23, 2016.
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