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Guinness Peat Group, the investment company in the process of winding down, has cashed in another swag of assets totalling $91.2 million. In a statement to the NZX this morning GPG said it completed the sale last week of its 72.5 per cent stake in
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Board of Directors and a majority of its outstanding shares have authorized a 1-for-10,000 reverse stock split followed by a 1,000-for-1 forward stock split and a $2,000,000 share repurchase program. The Board is also considering payment of a
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According to a survey released by PayNet, a research firm that tracks loans to small business, lending fell 14 percent after rising slightly in July and August. The Thomson Reuters/PayNet Small Business Lending index fell to 94.1 in September from a
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Board of Directors has authorized an additional $150 million in share repurchases of the Company's common stock. The Company currently has $19.6 million available under its prior authorization for share repurchase...Statements made in this press
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During October 2012 , the Company repurchased $1.2 million of its ordinary shares, bringing the cumulative total under the current program to approximately $14.2 million , which represents 71% of the amount authorized by the Board. There is
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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of CommVault Systems ( Nasdaq: have popped today by as
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IBM says its board had added $5 billion to its stock buyback program, bringing the total buyback authorization to $11.7 billion. The computer and consulting company last added to it buyback program in April, in the amount of $7 billion. IBM Corp.
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1406.5p (-1.5p) Astrazeneca Our view: Hold Price: 2896.5p (+12p) After the gloom of the double-dip recession, the Government was crowing yesterday thanks to the economy apparently roaring back with growth of 1 per cent in the third quarter.
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Streetwise The Facebook profile of founder Mark Zuckerberg on a mobile phone is seen in this photo illustration taken in Lavigny, May 16, 2012. Reuters Social Media A closer look and a step back, however, suggests something different. Yahoo has had
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Earnings per share came in at $0.88, a penny better than expected and 22% better than last year. Adding to that strength, return on equity for the quarter was a healthy 13.4%...Average loans (up 3% over last year) and deposits (up 7%) both rose...
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