Tag Archives: holding
Brazil’s Itau to Buy Citigroup’s Consumer Finance Unit for BRL2.77 Billion
Brazilian bank Itau Unibanco Holding SA (ITUB, ITUB4.BR) has agreed to buy the Brazilian consumer finance unit of Citigroup Inc. (C) for 2.77 billion Brazilian reais ($1.38 billion), Itau said in a statement Tuesday Continue reading
Qatar postpones listing of $12 bln investment company
(Adds original IPO date and background) DUBAI, May 12 (Reuters) – A planned stock market listing forDoha Global Investment Co, a $12 billion Qatari investmentcompany backed by assets from the Gulf state’s sovereign wealthfund, has been postponed, a senior bourse official said onSunday. Qatar unveiled plans to create the investment company inFebruary and said that sovereign fund Qatar Holding will transfer $3 billion of assets into the Doha Global, with asimilar amount raised in an initial public offering (IPO) on theQatar Exchange. … Continue reading
Ex-Prime Minister Claims Victory in Pakistan
LAHORE, Pakistan TheStreet — Nawaz Sharif, Pakistan’s former prime minister, was holding talks Sunday on forming a government after claiming victory in the nation’s parliamentary elections. Unofficial election results showed his Muslim League holding a large lead, although the party may need to form a coalition to give Sharif, who was deposed by a military coup in 1999, the support he needs to govern, according to BBC News Continue reading
Exclusive: Softbank asks banks not to finance Dish’s Sprint bid – sources
SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group Holding Ltd, according to two people with knowledge of the matter. Continue reading
Bank Robber Says He Gave Stolen Cash To Poor
An Australian man accused of holding-up a US bank claims he did so to help poor people made homeless by bank repossessions. Continue reading
Cramer’s ‘Mad Money’ Recap: A Lemming Market
Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener. NEW YORK (TheStreet) — Today could have been called “national lemming day,” Jim Cramer told “Mad Money” viewers Wednesday, because analyst after analyst took the plunge and downgraded their favorite stocks. That was certainly the case with Apple , a stock Cramer owns for his charitable trust, Action Alerts PLUS. Continue reading
Billionaire Owner of Sinclair Oil Dies
SALT LAKE CITY — Billionaire Robert Earl Holding, whose business empire included ownership of Sinclair Oil and two world-class ski resorts in the West, has died at the age of 86. Sinclair Oil issued a statement saying Holding died Friday but did not elaborate. According to Forbes, the Utah native’s net worth of $3.2 billion made him the 423rd wealthiest person in the world at the time of his death. Continue reading
Brazil’s Bradespar: Doesn’t See Vale Rio Colorado Restarting
Brazilian holding company Bradespar, a major shareholder in mining giant Vale SA (VALE), said Friday it doesn’t expect the latter firm’s Rio Colorado potash project in Argentina to restart. Continue reading
Drake & Chris Brown Feud — Thought It Was Over? THINK AGAIN!
Drake is holding nothing back about his feelings toward Chris Brown … ripping CB over his music and the way he treats Rihanna — and doing it in a very public forum Continue reading
Fubon Financial 1Q Unaudited Net Profit NT$10.03 Billion
Fubon Financial Holding Co. Continue reading
