16 September, 2015 by The TZ Newswire Staff Comments Off on Five dead after huge earthquake hits Chile’s coast
Five dead after huge earthquake hits Chile’s coast
A huge earthquake has hit off the coast of Chile, prompting tsunami warnings as far away as California.
16 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Altice in advanced talks to buy Cablevision
The Wall Street Journal: Altice in advanced talks to buy Cablevision
Altice, run by billionaire investor Patrick Drahi, has become a prolific consolidator on both sides of the Atlantic
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16 September, 2015 by The TZ Newswire Staff Comments Off on Italy’s Visco says monetary policy responded quickly to European debt crisis
Italy’s Visco says monetary policy responded quickly to European debt crisis
Bank of Italy gov speaking to Corriere
– Italian credit conditions improving gradually
– Italian companies too dependent on bank credit
One of the side-effects of cheap money
16 September, 2015 by The TZ Newswire Staff Comments Off on Asian stocks at three-week highs before Fed decision; dollar wary
Asian stocks at three-week highs before Fed decision; dollar wary
Asian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve policy decision. The U.S. Fed is considering raising U.S. interest rates for the first time since 2006, although economists are split in their expectations. The Fed’s decision is due at 1800 GMT.
16 September, 2015 by The TZ Newswire Staff Comments Off on Asian stocks at three-week highs before Fed decision; dollar wary
Asian stocks at three-week highs before Fed decision; dollar wary
Asian stocks edged up to a three-week high on Thursday while the dollar drifted lower against other currencies as investors consolidated positions ahead of a nail-biting U.S. Federal Reserve policy decision. The U.S. Fed is considering raising U.S. interest rates for the first time since 2006, although economists are split in their expectations. The Fed’s decision is due at 1800 GMT.
16 September, 2015 by The TZ Newswire Staff Comments Off on Altice to buy U.S. firm Cablevision for $17.7 billion: sources
Altice to buy U.S. firm Cablevision for $17.7 billion: sources
Shares of Cablevision, which is controlled by New York’s Dolan family, jumped as much as 16 percent to $33.12 after the bell as details of the takeover deal, which includes Cablevision’s debt, became public. The sources said Altice will pay $34.90 per share for Cablevision and will finance the deal through banks and by selling additional shares. As part of the deal, BC Partners and the Canada Pension Plan Investment Board, the minority stake holders of Suddenlink [CQUELS.UL], may buy 30 percent of Cablevision’s equity, the sources added.
16 September, 2015 by The TZ Newswire Staff Comments Off on Altice to buy U.S. firm Cablevision for $17.7 billion: sources
Altice to buy U.S. firm Cablevision for $17.7 billion: sources
Shares of Cablevision, which is controlled by New York’s Dolan family, jumped as much as 16 percent to $33.12 after the bell as details of the takeover deal, which includes Cablevision’s debt, became public. The sources said Altice will pay $34.90 per share for Cablevision and will finance the deal through banks and by selling additional shares. As part of the deal, BC Partners and the Canada Pension Plan Investment Board, the minority stake holders of Suddenlink [CQUELS.UL], may buy 30 percent of Cablevision’s equity, the sources added.