Tags: Shares

FreePort McMoRan Acquires New Assets

FreePort McMoRan acquires both Plains Exploration and Production and McMoRan Exploration Co. In an announcement last Friday, Freeport-McMoRan Copper & Gold Inc said that it had completed its purchase of Plains Exploration and Production, the American oil and gas producer.


Cosco Capital Raises Funds through Share Sale

Cosco Capital sells shares to raise funds for payment of debts, expansion of business and acquisition of retail ventures.

Redefine Properties to Sell off Hyprop Investments Stake

Redefine Properties will be selling off its Hyprop Investments shareholdings after it gained controlling shareholdings in a rival property firm.

EMC Does Share Buyback and Dividend on Shares

EMC is undertaking a share buyback program as well as giving dividends on its shares. The world's largest manufacturer of storage computers, EMC Corp has expanded the budget for its share buyback plan by another US$5 billion.


Latest News

Warburg Pincus shares have been bought back by Primerica, totalling US$154.7 million in stock and warrants.
Singapore Press would be undertaking the REIT IPO of two malls in its portfolio. Singapore Press Holdings Ltd had announced last Monday that it is planning to list two shopping malls worth Sing$3.
Pfizer would be offering a voluntary stock exchange program with current shareholders for Zoetis shares.
Sinopec shares open on weak investor demand in the market. Sinopec Engineering, amidst all the hoopla, opened to a weak demand in its market debut Thurday.
Grifols acquires exclusive licensing agreement as well as future shares in Aradigm. In an announcement, Grifols SA said that it was signing an exclusive licensing agreement for Aradigm's Pulmaquin and othe proprietary drug concoctions on inhaled ciprofloxacin.
Royalty Pharma increases offer for Elan. Royalty Pharma has increased its offer to purchase Elan Corp by 12%. The new bid is now worth US$6. 4 billion, even after the Irish drugmaker has been making moves seeking to prevent the takeover bid and boost revenues for the company.
Goldman Sachs is in the process of selling off all of its ICBC shares in the Hong Kong bourse. Goldman Sachs is now in the process of selling its shares in the Hong Kong bourse.
GM is set to grow further as investor confidence increases. The optimism on General Motors is increasing by the day, as the Treasury Department is boosting investor confidence by preparing for the sale of its shareholdings in the Detroit automaker.
Saudi Arabian shares increase led by property and petrochemical companies. The majority of the increases in the benchmark stock index of Saudi Arabia was attained in the last four months.
Amgen's cash flow, equity ratio and production phase would break out when all come together. The shares of Amgen has had a remarkable development since early 2013, surpassing the S&P 500 by 6%.
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