To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe download website. 11:22pm UK, Thursday May 17, 2012 Katie Stallard, media and technology correspondent The company stopped taking orders for its shares ahead of its much-hyped initial public offering on Friday.
The Australian share market has closed at a fresh eight-month high, buoyed by resource stocks and investors punting on China undertaking new moves to boost its economy. The benchmark S&P/ASX200 index was up 14 points, or 0.32 per cent, at 4,362.7 points, while the broader All Ordinaries index had gained 14.1 points, or 0.32 per cent, at 4,441.3 points. On the ASX 24, the June share price index futures contract was 11 points higher at 4,372 points, with 28,990 contracts ...
To view this content you need Flash and Javascript enabled in your browser. Please download Flash from the Adobe download website. 9:09pm UK, Monday March 19, 2012 Tadhg Enright, business correspondent It is the first time since 1995, when Mr Jobs came back to run Apple and reversed the ailing company’s fortunes, that Apple will share its profits with shareholders.
Hannans Reward has launched a $25.6 million all-scrip takeover bid for fellow junior minerals explorer Scandinavian Resources. The suitor states its takeover could help the target in its bid to fund the Kiruna iron project in Sweden. Hannans Reward already holds a stake in Scandinavian Resources of 17.14 per cent. Hannans Reward stated the proposed deal would consolidate the companies’ projects in Sweden, Norway and Australia into a single entity. “The merger will lead to a strengthening and simplification of ...
Waratah Resources has launched a $3.5 million capital raising to advance exploration efforts at its suite of iron ore projects in the Democratic Republic of Congo. The Perth-based explorer announced this day it would had placed approximately 14 million shares priced at 25 cents per share with sophisticated and institutional investors, to fund drilling at its Youkou, Mekambo Est and Okanabora projects in the Congo. “The strong take-up of this share placement is further good news for Waratah and its ...
During the fourth quarter of 2011, PC shipments from major manufacturers saw significant changes in China with HP dropping to fifth place. The statistics showed that in the fourth quarter of 2011, Lenovo, the Chinese local PC maker, led the market with 35.3% market share, followed by Acer and Dell, which gained 9.5% and 9.4% market share, respectively. Meanwhile, Asus ranked fourth for the first time in the Chinese PC market with a 5.7% market share; and the performance of ...
Hong Kong based New Page Investments has taken a $6 million share placement in WA-based IronClad Mining, the developer of the Wilcherry Hill iron ore mine in South Australia. IronClad – which starts work this month on development of the Eyre Peninsula mine – announced this day that it had raised $6 million through the placement of 7.5 million shares with Hong Kong-based resources industry investor, New Page Investments. The concurred price for the placement is 80 cents per share, ...
TAMPA, Fla. — Tavon Austin returned a kickoff 90 yards for a touchdown, Pat Miller scored on a 52-yard interception return and Tyler Bitancurt kicked a 28-yard field goal as time expired, helping West Virginia (No. 23 ESPN/USA Today, No. 22 AP) clinch a share of the Big East championship with a 30-27 victory over South Florida on Thursday night. The Mountaineers (9-3, 5-2) pulled even with Louisville in the conference standings and likely will receive the league’s automatic berth ...
An Ontario dairy farmer guilty of selling and distributing raw milk has been fined $9,150. In September, an appeal court found Michael Schmidt of Durham guilty on charges related to the production and sale of unpasteurized milk. It’s illegal to distribute raw milk in Canada — unless it’s to the farmer’s immediate family. Schmidt admitted he supplied raw milk to 150 families who bought shares in his herd of cows. He went on a hunger strike from late September until ...
By NBC’s Andrew Rafferty and Mark Murray Republican presidential hopeful Herman Cain is claiming his race will help him win over African American voters. In a seven-page mailer sent to Iowans over the weekend, Cain writes, “as a descendent of slaves I can lead the Republican Party to victory by garnering a massive share of the black vote, something that has not been done since Dwight Eisenhower garnered 41 percent of the black vote in 1956.” But while Cain might ...