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Houston exploration co. sells assets for $1.8B

2015-08-24 22:29:54| Oil & Gas - Topix.net

Houston-based Cobalt International Energy Inc. has sold two portions of its interests in Angola to the country's state-run oil company for $1.75 billion. The deal, effective Jan. 1, will transfer the ownership of the Cameia pre-salt oil and gas reserve in 21 block of the Kwanza Basin that Cobalt discovered in 2012 .

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UPS buys Coyote for $1.8B to cure holiday blues

2015-07-31 22:28:57| Air Courier - Topix.net

United Parcel Service Inc. said it agreed to buy shipping-services provider Coyote Logistics LLC for $1.8 billion, which would expand its presence in the burgeoning freight-brokerage business and help it handle the volatility of its peak holiday season. UPS, which is acquiring Coyote from private-equity firm Warburg Pincus LLC, said Friday that it expects the addition to eventually boost profits by $100 million to $150 million and start adding to earnings in 2016.

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UPS buys Coyote for $1.8B to cure holiday blues

2015-07-31 22:10:26| Trucking - Topix.net

United Parcel Service Inc. said it agreed to buy shipping-services provider Coyote Logistics LLC for $1.8 billion, which would expand its presence in the burgeoning freight-brokerage business and help it handle the volatility of its peak holiday season. UPS, which is acquiring Coyote from private-equity firm Warburg Pincus LLC, said Friday that it expects the addition to eventually boost profits by $100 million to $150 million and start adding to earnings in 2016.

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Toyota zooms to record $18B profit on sales growth, yen

2015-05-08 12:29:20| Automakers - Topix.net

Toyota zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19 per... . Toyota President and CEO Akio Toyoda delivers remarks during a press conference in Tokyo, Friday, May 8, 2015.

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Toyota zooms to record $18B profit on sales growth, yen

2015-05-08 12:29:19| Automakers - Topix.net

Toyota President and CEO Akio Toyoda answers a question during a press conference in Tokyo, Friday, May 8, 2015. Toyota zoomed to a record 2.17 trillion yen profit for the fiscal year through March, up 19 percent from the previous year, buoyed by sales growth in the U.S. and a perk from the cheap yen.

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