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Out-of-patience investors sell off Amazon

2014-10-25 14:02:38| IT Services - Topix.net

Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud - even though its vast range of initiatives ate up all the company's profits.

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China Green Agriculture Chairman's Fulmination, Accusations Of Terrorism, And Another 'Sell' Rating

2014-10-23 06:59:40| Steel - Topix.net

CGA's response to our original report has consisted of blanket denials and potentially staged investor days, completely devoid of primary source evidence to disprove our thesis. After CGA excluded its only analyst from attending its investor days, the analyst cut her rating to "Sell" from "Buy."

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Eli Lilly will close, sell a Puerto Rico facility

2014-10-18 00:37:07| Biotech - Topix.net

Eli Lilly said Thursday that it will close one of its three manufacturing facilities in Puerto Rico at the end of 2015. The Indianapolis company said it is closing its Guayama facility because the patents on some of the drugs made there have expired.

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Panel says don't sell LCBO, OPG or Hydro One

2014-10-17 22:48:20| Energy - Topix.net

The Liquor Control Board of Ontario, Hydro One and Ontario Power Generation should all remain in public hands, a special government advisory panel said Friday. The Liberal government set up the panel to look into how to get maximum value out of the three Crown corporations, with a possible eye to bringing in private-sector investment that would help fund public transit and infrastructure projects.

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South African govt could sell stake in Vodacom - source

2014-10-17 09:38:00| Telecompaper Headlines

(Telecompaper) The South African government is thinking of selling its minority stake in Vodacom, Bloomberg reported, citing cources with knowledge of the matter. Vodafone has a 65 percent stake in Vodacom and could be a possible buyer for the new shares, the sources said. Vodafone owns 40 percent of Kenya's Safaricom and has branded businesses in Egypt and Ghana. The South African government's 13.9 percent stake in Vodacom is valued at about ZAR 25.5 billion. The state is exploring a sale of the unit as it seeks funds to rescue utility Eskom, the people with knowledge of the matter said.

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