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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
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
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
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
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
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
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.
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.
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
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...