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Fiat Chrysler may sell more than 10% of Ferrari in New York IPO
2015-03-03 23:44:40| Automakers - Topix.net
GENEVA -- Fiat Chrysler Automobiles may sell a stake exceeding 10 percent when its Ferrari division holds an initial public offering this year, as more investors than expected seek a share of the supercar manufacturer. "The demand is much, much higher" than foreseen, CEO Sergio Marchionne told journalists Tuesday at the Geneva International Motor Show.
Glaxo to sell Port Fairy plant to Indian buyers
2015-03-03 06:06:22| Chemicals - Topix.net
GLAXO is set to sell its Port Fairy manufacturing plant to an Indian corporation in a multi-million-dollar deal announced on Tuesday afternoon. GlaxoSmithKline has revealed its opiates businesses in Port Fairy and Tasmania's Latrobe would be taken over by Sun Pharmaceutical Industries.
Petrobras to sell $13.7bn in assets to reduce debt
2015-03-03 01:00:00| Hydrocarbons Technology
Brazilian energy firm Petróleo Brasileiro (Petrobras) is planning to sell about $13.7bn in assets over the next two years to reduce its debt.
Royal Caribbean to sell Splendour of the Seas cruise ship to TUI Cruises
2015-03-03 01:00:00| Ship Technology
Royal Caribbean Cruises has signed an agreement with TUI Cruises, a joint venture between Royal Caribbean and TUI AG, to sell its cruise ship Splendour of the Seas.
Stanley Furniture (STLY) Upgraded From Sell to Hold
2015-03-02 23:22:27| Furniture - Topix.net
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet, Inc., or any of its contributors. TheStreet Ratings quantitative algorithm evaluates over 4,300 stocks on a daily basis by 32 different data factors and assigns a unique buy, sell, or hold recommendation on each stock.
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