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Tag: sell
Déjà Vu: Northwest Pipe To Sell Off Remaining Tubular Business, 50+% Upside
2015-07-26 06:56:18| Steel - Topix.net
Using very conservative water peer valuation metrics, suggests total sum-of-the-parts valuation of at least $27 per NWPX share, or north of a 50% return potential. Since I wrote an article on Northwest Pipe just a few months ago, I encourage you to read that one first if you're new to the name.
Tags: business
sell
remaining
northwest
Mondi Group agrees to sell German plant
2015-07-24 07:00:00| Label and Narrow Web Breaking News
The move allows the company to move away from supplying films to competitors of its consumer packaging business.
Sell An Earnings Rally In Cabot Oil & Gas
2015-07-23 17:47:55| Energy - Topix.net
Cabot Oil & Gas is due to announce its second quarter earnings on Friday, with analysts expecting $0.03 per share, compared to $0.27 a year earlier. Cabot management also announced that the company will pay a dividend of $0.02 per share, which would suggest the numbers are on track.
Pearson in talks to sell FT newspaper
2015-07-23 12:44:59| BBC News | Business | UK Edition
Publishing group Pearson has announced it is in "advanced discussions" with an unnamed party over the sale of its Financial Times newspaper group.
Tags: sell
newspaper
talks
pearson
Cisco to sell set-top box business to Technicolor
2015-07-23 09:07:00| Telecompaper Headlines
(Telecompaper) Cisco is exiting the set-top box market and selling its activities to Technicolor for EUR 550 million. Cisco will receive EUR 413 million in cash and EUR 137 million in new Technicolor shares as payment. Technicolor said the takeover will boost its global market share to around 15 percent, with around 60 million devices shipped each year and an installed base of around 290 million STBs and 185 million gateways. As a result of the acquisition, Technicolor's Connected Home segment is expected to more than double revenues to over EUR 3 billion per year and reach over EUR 200 million in annual adjusted EBITDA by the end of 2016. It will also provide a double-digit boost to Technicolor's group earnings. Technicolor expects over EUR 100 million in synergies from the merger, thanks in particular to supply chain and SG&A savings. Along with the acquisition, Technicolor and Cisco agreed to a strategic partnership on development of next-generation video and broadband technologies, including cooperation on Internet of Things products. In addition, they signed a long-term patent cross-licensing agreement. After the transaction has closed, Hilton Romanski, Senior Vice President and Chief Strategy Officer of Cisco, will join Technicolor's board of directors.
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