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Daimler's Mercedes-AMG unit to take 25 per cent stake in Italian motorbike maker MV Augusta
2014-10-31 15:57:09| Auto Dealers - Topix.net
Daimler says it is taking a 25-per cent stake in Italian motorcycle maker MV Augusta for an undisclosed amount. Daimler AG said Friday that its Mercedes-AMG subsidiary will acquire the stake as part of a long-term co-operation agreement that also will see the companies work together on marketing and sales.
Shuanghui Reports Net Profits up by 10 Per Cent
2014-10-31 01:00:00| ThePigSite - Industry News
CHINA - Indications are that Henan Shuanghui Investment & Development Co., Ltd (Shuanghui) achieved double-digit increases in pig slaughterings for the first nine months of the current financial year compared with the same period of 2013.
Signed contracts to buy homes up 0.3 per cent last month; mortgage financing still an obstacle
2014-10-27 18:23:05| Real Estate - Topix.net
The number of Americans signing contracts to buy homes ticked up slightly in September, as it remained difficult to qualify for mortgage financing. The National Association of Realtors says its seasonally adjusted pending home sales index rose 0.3 per cent over the past month to 105.
Open Text says first-quarter revenues grew 40 per cent as profits rose
2014-10-23 02:48:00| Energy - Topix.net
Open Text Corp. said Wednesday that first-quarter profits more than doubled as its corporate software business experienced particular strength in the services and technology industries, as well as the public sector. The Waterloo, Ont.,-based company, which reports in U.S. dollars, said that net income rose to US$64.7 million, or 53 cents per diluted share, compared with $30.6 million or 26 cents per share a year ago.
Open Text says first-quarter revenues grew 40 per cent as profits rose
2014-10-23 02:45:58| Oil & Gas - Topix.net
Open Text Corp. said Wednesday that first-quarter profits more than doubled as its corporate software business experienced particular strength in the services and technology industries, as well as the public sector. The Waterloo, Ont.,-based company, which reports in U.S. dollars, said that net income rose to US$64.7 million, or 53 cents per diluted share, compared with $30.6 million or 26 cents per share a year ago.
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