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HKBN buys New World's telecoms, online marketing business

2016-02-18 09:50:00| Telecompaper Headlines

(Telecompaper) Hong Kong fiber network operator HKBN and its indirect subsidiary HKBN Group (HKBNGL) have signed a share purchase agreement with New World Development Company and its direct subsidiary New World Telephone Holdings (NWTHL). HKBNGL has conditionally agreed to acquire the telecommunications and online marketing services businesses owned by New World Telephone.

Tags: online business marketing worlds

 

Harvey Capital Management Inc. Buys New Stake in Skechers USA Inc

2016-02-18 01:54:05| Footwear - Topix.net

Harvey Capital Management Inc. bought a new stake in shares of Skechers USA Inc during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 231,500 shares of the company's stock, valued at approximately $6,993,000.

Tags: inc management usa capital

 
 

HCL Tech buys Volvo's external IT business for $130m

2016-02-17 21:49:01| IT Services - Topix.net

Volvo has sold its external IT business unit to Indian firm HCL Technologies , from whom it will outsource IT services until 2021. Pankaj Tagra, head of Nordics business at HCL, said the acquisition of the carmaker's IT arm started on October 19 last year at a value of $130 million in cash, with derived revenues exceeding to $190 million.

Tags: business tech external buys

 

Insider Buying: Raymond James (RJF) Vice Chairman Buys $720,720.00 in Stock

2016-02-17 14:23:06| Apparel - Topix.net

Raymond James Vice Chairman Francis S. Godbold bought 18,000 shares of Raymond James stock in a transaction dated Thursday, February 11th. The stock was acquired at an average cost of $40.04 per share, for a total transaction of $720,720.00.

Tags: stock james buying vice

 

Buffett's firm buys stake in pipeline operator Kinder Morgan

2016-02-17 02:19:16| Industrial Machines - Topix.net

Berkshire Hathaway Inc. on Tuesday revealed that it has made a new investment in pipeline operator Kinder Morgan and unloaded its stake in Chicago Bridge & Iron as part of several changes to its stock portfolio.

Tags: firm kinder operator morgan

 

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