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India Secretary: Steel Authority Share Sale Almost Fully Subscribed

2013-03-23 06:05:50| Steel - Topix.net

The government's sale of a 5.82% stake in Steel Authority of India Ltd. via a single-day auction was almost fully subscribed, Disinvestment Secretary Ravi Mathur said Friday.

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BP announces $8 billion share buyback

2013-03-22 11:56:16| Oil & Gas - Topix.net

BP sold its interest in TNK-BP to Rosneft and then reinvested in Rosneft shares.

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BP announces $8 billion share buyback

2013-03-22 11:17:16| Energy - Topix.net

Oil company BP says it will buy back $8 billion in shares after completing a complex deal for TNK-BP. Friday's announcement comes after BP completed the sale of its 50 percent interest in Russia's third-largest oil producer, TNK-BP. BP invested $8 billion in cash, shares and assets when it formed TNK-BP in 2003 and received a total of $19 billion ... (more)

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Herman Miller stock rises $2 a share after 3rd quarter profits beat expectations

2013-03-22 06:54:50| Furniture - Topix.net

Herman Miller stock was up $2 or nearly 8 percent to $27.46 on Thursday, March 21, after the company reported third quarter profits rose double-digits. After adjusting for cost tied to phasing out its pension plan, the company reported earnings of 32 cents a share, a 23 percent increase over 26 cents a year earlier.

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Covidien Expands Share Repurchase Program and Declares Quarterly Cash Dividend

2013-03-21 18:03:22| Industrial Machines - Topix.net

This program is in addition to the $2.0 billion share repurchase program announced in August 2011, which currently has approximately $425 million remaining.

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