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Copperbelt coup hits CAMEC.
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Whoever wins the battle for Katanga will be the real power on the Congolese copperbelt Alastair Ford
Although these results were decent enough - CAMEC turned in a maiden profit on cobalt production in the Democratic Republic of Congo - the relevance of the numbers has been completely superseded by developments in the company's ongoing hostile bid for Canadian-traded Katanga Mining.
Near neighbour Katanga is going into production imminently, and represents a v...
Related newspaper, magazine, and journal articles from HighBeam Research
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McCormick & Company, Inc. has purchased the shares of Billy Bee Honey Products Ltd.(INDUSTRY & PEOPLE)
Food Engineering
; McCormick & Company, Inc. has purchased the shares of Billy Bee Honey Products Ltd. for $75 million.
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Valspar Corp. OKs repurchase of additional shares of its stock.(Company news)
Paint & Coatings Industry
; MINNEAPOLIS -- The Valspar Corp.'s board of directors authorized the repurchase of up to 2 million shares of the company's outstanding common stock, or 3% of the total of outstanding shares, over a 12-month period. The repurchase authorization is a renewal of similar previous annual authorizations
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InfoSpace Inc. still expects to record $31 million in second-quarter revenue, despite being warned by Nasdaq that its shares are in danger of detisting because the company hasn't been meeting the minimum trading requirements.(Brief Article)
Wireless Week
; * InfoSpace Inc. still expects to record $31 million in second-quarter revenue, despite being warned by Nasdaq that its shares are in danger of detisting because the company hasn't been meeting the minimum trading requirements. The company also anticipates a 2-cent-per-share pro forma loss.
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L'Oreal board chairman Lindsay Owen-Jones has bought 300,000 shares in the company.(FINANCIAL NEWS)
Cosmetics International
; L'Oreal board chairman Lindsay Owen-Jones has bought 300,000 shares in the company. According to the French market regulator, Owen-Jones paid 17.62m [euro] for the stake. Owen-Jones stepped down as ceo in April 2006.
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Leveraged buyout firm Forstman Little sold 12.5 million shares of Yankee Candle for $125 million, reducing its stake in the company to 20 percent.(Brief Article)
Gifts & Decorative Accessories
; Leveraged buyout firm Forstman Little sold 12.5 million shares of Yankee Candle for $125 million, reducing its stake in the company to 20 percent. The sale represented a fivefold gain on Forstman's initial investment.
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McCormick & Company, Inc., Sparks, MD, purchased the shares of Billy Bee Honey Products Ltd. for $75 million in cash.(MERGERS & ACQUISITIONS)(Brief article)
The Food Institute Report
; MCCORMICK & COMPANY, INC., Sparks, MD, purchased the shares of BILLY BEE HONEY PRODUCTS LTD. for $75 million in cash. Billy Bee Honey Products is Canada's largest honey business with a 60% share of branded honey sales to retailers in Canada. McCormick & Company, Inc. is the global leader in the
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The government declares that the partial privatization of telecoms giant Telstra was a success after investors snapped up A$8b ($6b) Of the company's shares.(SYDNEY)
Telecom Asia
; The government declares that the partial privatization of telecoms giant Telstra was a success after investors snapped up A$8b ($6b) Of the company's shares. Officials say small investors bought all the Telstra shares they could before the retail offer ended.
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Property giant Emaar to buy back company shares
Al Bawaba
; UAE property giant Emaar announced this weekend that it planned to buy back a portion of its shares, giving a much needed boost to the Dubai stock market. The company's shares jumped to a midday high after the announcement was revealed, reaching Dh13.25, according to Gulfnews. Shares later closed
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CISCO SYSTEMS INC.(nuys 4%of Portal Software stock shares)(Company Business and Marketing)(Brief Article)
Internet World
; CISCO SYSTEMS INC, purchased 3 million shares of PORTAL SOFTWARE's stock, valued at $39 million, or 4 percent of the company's shares Portal will be Cisco's customer management and billing partner for IP services.
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SpectraLink Communications.(company may repurchase stock shares)(Brief Article)
Wireless Week
; SpectraLink Communications may use lower stock prices as an opportunity to repurchase company shares. The board of the wireless systems provider has authorized the repurchase of up to 2.7 million shares.
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