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GGP Shareholders Approve $15 Billion Takeover by Brookfield
2018-07-30 18:30:05| National Real Estate Investor
Investors in GGP voted in favor of the transaction at a special meeting Thursday in the companys hometown of Chicago.
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Nokia signs $3.5 billion 5G deal with T-Mobile
2018-07-30 02:00:00| Total Telecom industry news
Nokia is set to provide US mobile operator T-Mobile with its complete 5G technology software and services portfolio, as part of a $3.5 billion deal, signed to speed up the rollout of 5G mobile networks in the US …read more on TotalTele.com »
Amazon profit reaches record USD 2.5 billion, boosted by cloud, Alexa
2018-07-27 09:00:00| Telecompaper Headlines
(Telecompaper) Amazon.com reported a very strong set of results for the second quarter, with revenues in-line with expectations but profit passing the USD 2 billion mark, more than tripling on the back of growth at AWS and North America. Revenues jumped 39 percent from the year before to USD 52.9 billion, while the net profit surged to 2.5 billion or USD 5.07 per diluted share, from 197 million or USD 0.40 per diluted share. The operating profit leaped to USD 3.0 billion from 628 million, widely passing guidance.
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KBS Realty Is Said to Consider $1 Billion REIT IPO in Singapore
2018-07-26 19:27:42| National Real Estate Investor
The company aims to raise at least $1 billion from a potential sale of trust units backed by at least 15 prime commercial properties.
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Qualcomm abandons NXP takeover, starts USD 30 billion share buyback
2018-07-26 07:10:00| Telecompaper Headlines
(Telecompaper) Qualcomm has abandoned its takeover of NXP Semiconductors after it was unable to obtain regulatory approval in China by the agreed deadline of 25 July. The failure to close the deal, first announced in October 2016, means Qualcomm will pay NXP a termination fee of USD 2 billion. Qualcomm also announced plans to buy back USD 30 billion of its own shares, alongside its results for the fiscal third quarter to June.
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