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.