Tag Archives: sell

HSBC to cut as many as 50,000 jobs, sell business in Turkey and Brazil to restore profit growth

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HSBC Holdings Plc, Europe\’s largest bank, intends to eliminate as many as 25,000 jobs then sell operations in Turkey and Brazil to help restore profit growth. Under a three-year plan, HSBC will cut full-time employees by 22,000 to 25,000, or about 10 per cent, it said in a presentation to investors on its website on Tuesday. The sale of companies ...

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Vale SA is looking to sell up to 30% of metals unit in possible IPO

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Vale SA, the world\’s largest nickel producer, is considering selling about 25 percent to 30 % of its base metals business in an initial public offering. Work on the transaction continues, although the Rio de Janeiro-based miner is only going to proceed if nickel and copper prices reach \”appropriate\” levels, Investor Relations Director Rogerio Nogueira said in Sao Paulo Wednesday.\”We ...

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Why BlackBerry Ltd. should sell itself to Samsung for $19 per share

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BlackBerry Ltd. (TSX:BB)(Nasdaq:BBRY) is undeniably one of Canada\’s most polarizing stocks. Supporters of the company point to its renewed focus on software and it is stronger balance sheet. They note how far the company originates under new CEO John Chen, even while the stock prices are back where it started. Detractors possess a point too. They point to the declining ...

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