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Traders Sell FedEx on Strength After Insider Selling
2014-10-28 06:17:59| Air Courier - Topix.net
Traders sold shares of FedEx on strength during trading hours on Monday following insider selling activity, StockRatingsNetwork reports. $54.14 million flowed into the stock on the tick-up and $60.26 million flowed out of the stock on the tick-down, for a money net flow of $6.12 million out of the stock.
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selling
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insider
Philadelphia's plan to sell gas utility is dead
2014-10-28 00:49:22| Energy - Topix.net
Philadelphia City Council members are effectively killing the proposed sale of the city's gas utility to a Connecticut firm. The deal required City Council approval.
Novartis agrees to sell its flu vaccine business to CSL of Australia for $275 million
2014-10-27 22:24:44| Biotech - Topix.net
CSL Ltd. said the deal will make it the second-largest flu vaccine maker in the world. The company said the Novartis business had $527 million in revenue in 2013 and said its combined revenue could reach $1 billion a year in three to five years.
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australia
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Telecom Italia to sell part of Argentina unit
2014-10-26 17:32:35| Telecom - Topix.net
Telecom Italia said yesterday it would sell only part of its majority stake in Telecom Argentina and the rest once the regulator approved its full sale to New York-based fund Fintech, owned by Mexican billionaire David Martnez. The Italian phone group had agreed to sell its controlling stake in Telecom Argentina holding company Sofora to Fintech for US$960 million almost one year ago, but the Argentine telecoms regulator SECOM has been slow to approve the deal.
Why Did Daimler Sell Its Stake in Tesla?
2014-10-26 14:09:53| Automakers - Topix.net
With fewer than 200 units of the Mercedes B-Class sold through September, the German luxury automaker would not appear to be a competitor for Tesla Motors in the electric vehicle space. However, Tesla's ambition as a car company expands beyond the EV industry, and Mercedes parent Daimler AG brought the company's relationship as constructed to a close with the sale its 3.9% stake in Tesla , Bloomberg reports.
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stake
daimler
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