In a statement AT&T Inc said, it plans on selling nearly a third of its stake in DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion. Less than 6 years ago it had… Read More ›
debt pile
Carl Icahn increases stake at Occidental Petroleum to nearly 10%
According to a report by the Wall Street Journal, activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to nearly 10% as he scales up his fight to take control over the oil producer. As of the… Read More ›
China’s growth rate of industrial output for July touches 17-year low
On Wednesday, data from China’s National Bureau of Statistics showed that in July the country’s growth in terms of industrial output touched its 17-year low nadir, a pointer to growing cracks in its economy which comes at a time when… Read More ›
manageria.biz 