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Author: KMFSLLP

25 Oct Australia shares make modest gains after heavy selloff; NZ rises

Posted at 01:09h in News by KMFSLLP 0 Comments

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Australian shares edged up on Friday as investors picked up stocks battered by the previous session's heavy selloff, particularly in the financial and metals sectors.

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25 Oct UPDATE 4-Banco do Brasil’s Caffarelli to become Cielo’s new CEO – source

Posted at 00:20h in News by KMFSLLP 0 Comments

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Paulo Caffarelli, the chief executive of state lender Banco do Brasil SA, has accepted the offer to become the new CEO of the Brazilian card processor Cielo SA, one source with knowledge of the matter told Reuters on Thursday.

25 Oct UPDATE 2-Third Point sues Campbell Soup, accuses it of misleading investors

Posted at 00:12h in News by KMFSLLP 0 Comments

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Activist investor Third Point LLC sued Campbell Soup Co on Thursday, alleging the soup and snack maker's board misled investors about the competence of its directors and the way it carried out a recently completed strategic review.

24 Oct UPDATE 1-Mellanox working with adviser on potential sale -CNBC

Posted at 23:52h in News by KMFSLLP 0 Comments

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Chipmaker Mellanox Technologies Ltd has hired a financial adviser to explore a sale after receiving takeover interest from at least two companies, CNBC reported citing people familiar with the matter.

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24 Oct RPT-Australian property settlements firm PEXA shelves IPO amid market sell-off – source

Posted at 23:28h in News by KMFSLLP 0 Comments

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Property Exchange Australia (PEXA), an online property settlements firm owned by the nation's big banks and local governments, has shelved its initial public offering (IPO) due to market volatility, a source said on Thursday.