Telefónica to sell half its stake in China Unicom Telefónica has agreed to sell close to half its stake in China Unicom to its parent group, China United Network, for €1.1bn as the heavily indebted Spanish group continues to bolster its balance sheet in a tough climate for telecoms operator in Europe. 06/11/2012 - 2:40 am | View Link
Telefonica to Sell Shares Back to China Unicom for $1.4 Billion Telefónica, the largest European telecommunications operator by revenue, has agreed to sell back a 4.56 percent stake in China Unicom, part of an effort by Telefónica to reduce debt as the European financial crisis continues to hurt earnings in its main ... 06/10/2012 - 9:04 pm | View Link
Telefonica sells half its stake in China Unicom The sale is part of Telefonica's earlier announced plans to sell off assets in order to raise cash for reducing debt. The Spanish company said it remains committed to the strategic alliance with China Unicom and will not sell additional shares in the ... 06/10/2012 - 4:44 pm | View Link
Telefónica sells China Unicom stake Telefónica has agreed not to sell any more shares in China Unicom for the next 12 months and the deal, which is subject to regulatory approval, is expected to be completed by July 31, 2012. Telefónica has struggled financially in 2012 so far. In its 1Q12 ... 06/10/2012 - 1:00 pm | View Link
Telefonica sells part of China Unicom stake Spanish telecoms giant Telefonica has signed an agreement with China Unicom to sell almost half its stake in the company back to China's second largest telecom operator, Telefonica said in a stock market notice on Sunday. The sale will allow heavily ... 06/10/2012 - 1:00 pm | View Link
Press Releases | Alcatel-Lucent If you wish to subscribe to Alcatel-Lucent Press Releases and receive updates by email, please visit the Subscription Center. If you are currently subscribed, you may ... 08/21/2014 - 12:43 pm | View Website
US Top News and Analysis China—a low-cost maker of goods—is falling behind in the manufacturing race as wages and energy costs soar. 08/21/2014 - 5:40 am | View Website
CHL Stock Quote Updated stock quote for CHL - including CHL stock price today, earnings and estimates, stock charts, news, futures and other investing data. 08/21/2014 - 4:57 am | View Website
China Unicom China United Network Communications Group Co., Ltd. or China Unicom, is a Chinese state-owned telecommunications operator in the People's Republic of China. Compared ... 08/20/2014 - 6:42 pm | View Website
CHU Stock Quote Updated stock quote for CHU - including CHU stock price today, earnings and estimates, stock charts, news, futures and other investing data. 08/20/2014 - 4:19 pm | View Website
Gap Inc. (GPS) on Thursday reported fiscal second-quarter net income of $332 million.
Earnings, adjusted for non-recurring gains, came to 70 cents per share.
The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The 27th annual Burning Man — a crazy, week-long festival in the Black Rock Desert of northern Nevada — starts this Monday and everyone is already buzzing about it. In preparation of the Labor Day weekend festival, a new book "Burning Man: Art of Fire" details the elaborate art structures displayed throughout the past years of the event.
When Judge Thomas Griesa called Argentina and its lawyers into a special hearing today, the word was that he would likely find the country in contempt of Court. But he didn't, and it's not hard to understand why. If Griesa ruled that Argentina was in contempt and fined the country, Argentina would likely just ignore the whole thing or say the ruling was unfair.
A disturbing police-involved shooting occurred in St. Louis on Tuesday, amid weeks-long protests over the killing of an unarmed teen in Ferguson, Missouri. St. Louis police shot and killed 25-year-old Kajieme Powell, who approached them with a knife. A store owner called the police after Powell refused to pay for some energy drinks and pastries and started pacing and yelling erratically in front of the store.
The average NFL franchise is now valued at $1.43 billion according the latest valuations released by Forbes.com, a 22.5% increase over a year ago. Overall, that means the 32 NFL franchises have a combined value of $45.7 billion. That is more than the 30 Major League Baseball teams ($24.3 billion) and 30 NBA teams ($19.0 billion) combined.
Tapered sweatpants called "jogger pants" are one of the hottest new trends in menswear, according to industry experts. The legs of the sweatpants, which feature elastic at the feet, are designed to fall just above the ankle. Unlike sweatpants of the past, their primary utility isn't in jogging, but in showing off expensive basketball shoes, writes Shelly Banjo for the Wall Street Journal.