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SEC clears PureFoods' P15-B preferred shares sale

2015-02-07 20:26:46| Beverages - Topix.net

The Securities and Exchange Commission has given its nod to the P15-billion preferred shares sale of San Miguel PureFoods Co. Inc. The food processing unit of diversified conglomerate San Miguel Corp. will sell up to 10 million perpetual Series 2 preferred shares with an oversubscription option of up to five million shares at an offer price of P1,000 per share.

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Regulator Suspends Trading in Portugal Telecom's Shares

2015-02-07 16:27:34| Telecom - Topix.net

Portugal's stock market regulator on Friday suspended trading in shares of Portugal Telecom SGPS SA until the firm discloses "relevant information" about the sale of an operating unit to France's Altice SA.

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London Markets: Shire shares fall in London; FTSE 100 eyes weekly rise

2015-02-06 11:22:59| Biotech - Topix.net

U.K. stocks fell Friday, with shares of Shire PLC pushed lower after the pharmaceutical maker was criticized over tax avoidance, but the benchmark FTSE 100 remained on track for a weekly gain. shares were at the bottom of the index as they fell 1.7%.

Tags: fall london eyes rise

 

Asian shares up on oil price rebound

2015-02-06 01:49:56| BBC News | Business | UK Edition

Asian markets opened higher on Friday, following Wall Street's lead, as energy shares bounced on rising oil prices.

Tags: price oil asian shares

 

GM shares rise after surprise profit

2015-02-04 17:18:52| BBC News | Business | UK Edition

Shares in North American car giant General Motors rise more than 3% after it announces fourth-quarter net income of $1.1bn.

Tags: rise profit shares surprise

 

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