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Treasury Wine Estates looks to sell wineries to help turnaround - reports

2014-11-19 16:27:00| Daily beverage news and comment - from just-drinks.com

The head of Treasury Wine Estates has indicated the company could sell off some of its wineries and bottling plants as its looks to return to profit.

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First Majestic Silver (AG) Downgraded From Hold to Sell

2014-11-17 16:53:07| Industrial Machines - Topix.net

TheStreet Ratings Team has this to say about their recommendation: "We rate FIRST MAJESTIC SILVER CORP a SELL. This is driven by several weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover.

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Pacific Brands in talks to sell footwear business

2014-11-17 13:01:00| Daily apparel & textile news and comment - from just-style.com

Australian clothing and footwear retailer Pacific Brands has confirmed it is in discussions on a potential sale of its Brand Collective shoe business.

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Air NZ may struggle to sell its Beech fleet

2014-11-16 21:59:43| Airlines - Topix.net

MORE SPACIOUS: Routes previously served by the 1900Ds would be upgraded to larger and more comfortable 50-seat Q300s of which Air New Zealand has 23. Air New Zealand is likely to offer fewer flights to regional New Zealand when it retires its loss-making smallest aircraft and replaces them larger models. Last week, the national carrier said it was losing $1 million a month on routes served by its 19-seat Beech 1900D aircraft.

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Kuwait to sell Dow Chemical's petchem venture shares to public -exec

2014-11-16 15:25:28| Chemicals - Topix.net

Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which U.S. petrochemicals giant Dow Chemical Co plans to sell off, state news agency KUNA quoted a senior Kuwaiti executive as saying. Dow Chemical announced last week that as part of a $7-$8.5 billion divestiture plan, it would reduce its equity positions in all of its Kuwaiti ventures, in order to release capital for other strategic purposes.

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