Carmaker Daimler is selling its remaining 7.5% stake in pan-European aerospace and defence group EADS, the owner of Airbus
Originally posted here: Daimler to sell final stake in EADS
Digicable Upgrading to Conax Contego Plus(TM) Conditional Access Solution for Securing the Pan-Indian MSO’s Pay-TV Content and Operational Roadmap
Read the original: Indian MSO Digicable Now With Over 1 Million Digitized Pay-TV Subs Securing Growth With Conax Contego Plus(TM) Upgrade
Updated from 10:34 a.m. EDT with closing market levels.
By Pan Pylas
LONDON — European stocks gave up some of their recent gains Wednesday as investors remained cautious on a day Wall Street was closed for July Fourth celebrations and ahead of key economic news in coming days. …
Read the original post: European Stock Rally Runs Out of Steam
NEW YORK (TheStreet) — The rumors about Carl Icahn taking a stake in Chesapeake Energy were true, though what it will mean for the embattled — and stubborn — oil and gas company remains uncertain.
Activist investor Icahn revealed a 7.6% stake in Chesapeake Energy after the close on Friday, larger than the 4% stake that had been rumored in the press for weeks, and larger than the 5.8% stake that Icahn had amassed in late 2010, before selling at a quick profit.
While Icahn’s 2010 investment didn’t pan out as an activist push and the shareholder return destruction and corporate governance issues have only worsened since for Chesapeake Energy, this time Icahn says he is playing the stock for activist reasons. Carl Icahn …
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See the original post: Icahn Buys 7.6% of Chesapeake Energy, Seeks Major Board Change