-
RPT-Millicom Q3 in line, proposes extra dividend
Earnings before interest, tax, depreciation and amortisation (EBITDA) were $529 million versus a mean forecast of $538 million in a Reuters poll.The Latin America and Africa-focused operator repeated it saw 2011’s EBITDA margin at over 45 percent, but raised its forecast for operating free cash flow. -
Geithner and China’s Wang discuss economy in phone call-report
The U.S. Treasury Department said on Friday it would delay until later this year a ruling on whether China is manipulating its yuan currency, which Democratic Party lawmakers have sought to target in a bill that would punish Beijing for foreign exchange controls.Beijing has repeatedly decried the U.S. legislation, which would let Washington slap countervailing duties on goods from nations deemed to subsidise exports by undervaluing their currencies, including China’s yuan, which many lawmakers say is held drastically low against the dollar.There was no announcement about the phone conversation on the U.S. Treasury Department’s website.Geithner said last month that China is holding to a decades-old strategy to steal American intellectual property, in a pointed statement reflecting U.S. officials’ growing impatience with Beijing. -
Hana says may renegotiate KEB deal if no Lone Star appeal
It can appeal against the ruling by Thursday.Market talk has swirled recently that Hana may be trying to cut the agreed purchase price as KEB shares have tumbled sharply since the transaction was agreed on due to the global financial market turmoil.Hana chairman Kim Seung-yu told Reuters on the sidelines of a local forum that it was open to renegotiating the deal should Lone Star not appeal against the court ruling.A Seoul court official said on Tuesday that Paul Yoo, the former head of Lone Star’s Korean operations who was also found guilty of stock price manipulation, had appealed against the ruling.Lawyers for Lone Star were not immediately available for comment on whether they planned to appeal.Shares in Hana rose 1.4 percent and KEB was down 1.19 percent versus a 2.01 percent gain in the wider market .KS11 as of 0437 GMT.
Likes
-
10 Times Morgan’s Face Broke my Heart
-
Precision parking.
The Passat with Park Assist.Advertising Agency: Grabarz & Partner, Hamburg,...
-
iPhone Photography Techniques
Thanks to Gauri Sharma for sending this in to us, we think she’s...
-
Don’t just fuck the police.
Take the police out on a couple dates. Take the police to the...
-
Golden Plains Festival
The rain a came…the storm of the century came. We didn’t know whether we’d...
