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VW announced cheating on emissions in hopes of striking deal, may miss March 24 deadline

2016-03-07 22:34:00| Extremetech

Volkswagen admitted in German court today that it came clean about its emissions cheating in the hopes of convincing the EPA to limit its exposure to damages. The company expects no quick resolution to its US emissions problem, despite a looming deadline from US courts.

Tags: march miss deal announced

 

UPDATE 2-U.S. energy investor KLR delays offering, dampens hopes for IPO market

2016-02-26 13:48:23| Energy - Topix.net

The postponement came one day after the successful stock market debut of another U.S. energy investment company, Silver Run Acquisition Corp SRAQU.O, which proved a hit with investors who see rich pickings in oil and gas assets up for sale amid the sector's downturn. In this year's biggest IPO to date, Silver Run raised $450 million this week, $50 million more than it originally planned, to buy energy assets.

Tags: market update energy offering

 
 

UPDATE 1-Meggitt maintains 2016 growth forecast, M&A hopes send shares surging

2016-02-23 17:28:06| Paper - Topix.net

Feb 23 British engineering company Meggitt maintained its forecast for modest revenue growth this year, underpinning its stock price which soared on takeover speculation on Tuesday. Shares in the company, which issued a surprise profit warning in October and dropped out of Britain's blue-chip FTSE 100 share index in December, had jumped 11.3 percent by 1355.

Tags: send update growth shares

 

This week in beer and cider, featuring Kirin's full-year troubles, Molson Coors' hopes for MillerCoors and CCU's Colombian brewery plans

2016-02-19 15:57:00| Daily beverage news and comment - from just-drinks.com

Here's a round-up of this week's top stories in the global beer & cider categories. We also have similar round-ups for soft drinks & bottled water and spirits & wine.

Tags: week plans featuring beer

 

Ethan Allen hopes initiatives will increase sales

2016-02-18 03:16:51| Furniture - Topix.net

Farooq Kathwari, the CEO of Ethan Allen Interiors, is photographed at the company headquarters on Mill Plain Road in Danbury, Conn. less Farooq Kathwari, the CEO of Ethan Allen Interiors, is photographed at the company headquarters on Mill Plain Road in Danbury, Conn.

Tags: sales increase allen initiatives

 

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