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Report: Telenor Hired Bankers To Explore Sale Of Its $2 Billion Stake In VimpelCom
Friday, May 6, 2016 - 10:01am | 188Telenor ASA, Norway's largest phone company, is said to have hired investment bankers to explore the sale of its stake in VimpelCom Ltd (ADR) (NASDAQ: VIP), a Netherlands-based provider of telecommunications services with operations in 14 countries. Bloomberg, citing "people with knowledge of the...
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Seeking Strength in the BRICs (MBT, HDB, IBN)
Wednesday, July 11, 2012 - 1:48pm | 707As economic growth in China and Brazil slows, India and Russia have taken the lead as the strongest economies among the big four emerging markets, according to a report from HSBC. A telecommunications company from Russia and two banks from India are the top-performing stocks from those nations on...
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Seagate, SAP and Other Top European Tech Stocks
Wednesday, April 11, 2012 - 6:48am | 1035Some European nations may be trying to keep their heads above water, but not all is doom and gloom on the continent. Take the tech sector. Here is a quick look at seven companies with share prices that are between 13% and 64% higher than at the beginning of the year despite recent pull backs. They...
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Earnings Expectations for the Week of March 12 (URBN, ROST)
Sunday, March 11, 2012 - 11:04am | 1206Things will quiet on the earnings front this week. Perhaps the two most prominent quarterly reports will come from retailers and S&P 500 components Urban Outfitters (NASDAQ: URBN) and Ross Stores (NASDAQ: ROST). Analysts on average expect both companies to post year-over-year revenue growth of...
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Garmin, Jabil Circuit and Other Top Tech Stocks in February
Thursday, March 1, 2012 - 7:58am | 1000Here's a quick look at some of the top performing tech stocks in February. These stocks all have a market cap of more than $500 million, and they all pay a dividend too. Advantest (NYSE: ATE) rose more than 33% in the past month but is still down almost 31% from a year ago. This Tokyo-based maker...
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Seven Hot European Stocks
Tuesday, February 28, 2012 - 7:53am | 1100The European situation was the focus at this past weekend's G20 meeting. Even as a bailout of Greece seems to be all but set, several eurozone members teeter on the brink of recession. On top of that comes the backlash from Iran over sanctions due to its nuclear development efforts. See also:...
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J.P. Morgan's Update on Vimpelcom & Orascom (VIP, OTLD)
Tuesday, November 23, 2010 - 10:01am | 134J.P. Morgan is out with its update on Vimpelcom (NYSE: VIP) and Orascom (LON: OTLD). J.P. Morgan writes, "We believe that the OT stock price currently discounts a price of closer to $2.5 bn, which means there could be material upside in a better scenario – our price target of US$6.00 at year end...
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Vimpelcom To Acquire Weather Investments
Tuesday, October 5, 2010 - 8:37am | 147Goldman Sachs has published a research report for VimpelCom Ltd. (NYSE: VIP*) following the company's announcement that it plans to acquire Weather Investments. In the report, Goldman Sachs writes "VimpelCom announced on October 4, 2010 that the company signed an agreement to acquire Weather...