Cash Flow News
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Updated 9 minutes ago
Vestas Wind Systems A/S, the wind turbine maker with the most installed capacity, said its turnaround program is on schedule as its loss narrowed and margins improved in the first quarter.
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Updated 30 minutes ago
Deutsche Telekom AG, Germany’s largest phone company, reported first-quarter profit before some items that beat analysts’ estimates after slowing a decline in mobile revenue at home and halting an exodus of U.S. customers.
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Cash flows at China’s life insurers will be squeezed this year by customers canceling contracts out of frustration with low returns and an increase in maturing policies, according to BoCom International Holdings Co. and Capital Securities Corp.
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Updated 1 hour, 30 minutes ago
Sherritt International Corp., a Canadian mining and energy company, should begin a share buyback program and investigate the work that was done on the Ambatovy mine in Madagascar, said Takota Asset Management Inc.
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Updated 15 minutes ago
Hochtief AG agreed to sell its airports division to Public Sector Pension Investment Board of Canada as Germany’s largest construction company narrows its focus to building. The stock rose to a 21-month high.
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Alstom SA, the world’s third-largest power-equipment maker, cut its profitability forecast after earnings missed analyst estimates amid reduced spending by clients. The stock dropped the most in more than four years.
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BMC Software Inc. agreed to be taken private in a $6.9 billion deal by Bain Capital LLC and Golden Gate Capital after struggling to compete with newcomers better equipped to handle the shift toward cloud computing.
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Inergy Midstream LP, the pipeline partnership that began trading publicly 18 months ago, agreed to buy Crestwood Midstream Partners LP for $1.61 billion in stock and cash, adding natural gas processing capabilities as it seeks to capitalize on rising U.S. output of the fuel.
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Updated 3 hours, 14 minutes ago
BMC Software Inc. agreed to be taken private in a $6.9 billion deal by Bain Capital LLC and Golden Gate Capital after struggling to compete with newcomers better equipped to handle the shift toward cloud computing.
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Vornado Realty Trust, which controls about 100 million square feet of U.S. commercial real estate, recorded $98.8 million of losses in the first quarter from its investment in struggling retailer J.C. Penney & Co.
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