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Fonterra's forecast share dividend too low, unitholder tells annual meeting

2014-11-14 04:39:32| Food - Topix.net

Fonterra Cooperative Group has forecast a farmgate milk price of $5.30 per kilogram of milk solids and a dividend in the range of 25-35 cents per share. Last season's dividend fell significantly to just 10cps on the back of reduced earnings by the group and the high $8.40/kgMS farmgate milk payout.

Tags: low share meeting annual

 

Rolls-Royce On Track for Share Buyback

2014-11-13 12:33:32| Industrial Machines - Topix.net

Rolls-Royce Holdings PLC expects to complete the sale of its energy gas turbine business to Siemens AG by year-end, clearing the way for a A 1 billion share repurchase. The British turbine maker also said on Thursday that it is sticking to full-year guidance earnings guidance which it had lowered earlier this month when it announced a major cost cutting drive to boost profitability.

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Free claims 14% market share in France

2014-11-13 01:00:00| Total Telecom industry news

Iliad reports strong top line growth as mobile unit adds customers, revenues.

Tags: free france share market

 

Hyundai, Kia Unveil Share Buybacks After Anger Over Property Purchase

2014-11-12 02:08:55| Automakers - Topix.net

Hyundai Motor Co and affiliate Kia Motors unveiled share buybacks worth a combined 670 billion won , in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters. Although buyback plans aimed at rewarding employees are common, schemes aimed at enhancing shareholder value are rare for South Korean automakers.

Tags: share property purchase hyundai

 

Sappi: Profit increase cheers share price

2014-11-11 08:37:39| Paper - Topix.net

SAPPI, the world's biggest producer of dissolving wood pulp, climbed the most in more than four months after returning to profit amid an increase in sales and reduction of debt. The stock advanced as much as 5.9 percent, the most on an intraday basis since July 8, in Johannesburg yesterday.

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