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[GDF SJ] Gold Reef Resorts & [HCI SJ] Hosken :: Hosken may seek higher stake in Gold Reef

[GDF SJ] Gold Reef Resorts & [HCI SJ] Hosken :: Hosken may seek higher stake in Gold Reef

Gold Reef Resorts, a South African gaming and hotel company, disclosed on Friday evening that it is in talks that may affect its shares, while Hosken, a South African investment company with gaming investments, that already holds a 23% stake in Gold Reef, disclosed the same day that it is in talks that may affect [...]

February 1 2010 | Posted in COMPANIES, Consumer Services, EMEA, Gambling, Hotels, Recreational Services, Retail, South Africa, Stocks, Travel & Leisure, Travel & Leisure | Read More »

[AFLT RU] Aeroflot :: to repurchase 25.8% of its shares from NRK Group

[AFLT RU] Aeroflot :: to repurchase 25.8% of its shares from NRK Group

Aeroflot’s Board of Directors has voted to repurchase 25.8% of its shares from National Reserve Corporation, a group controlled by Russian oligarch Alexander Lebedev, a former Soviet intelligence officer. NRK will reportedly receive approximately $400 mn for the stake, though details have not been disclosed officially.

January 26 2010 | Posted in Airlines, COMPANIES, Consumer Services, Industrial Transportation, Retail, Russia, Stocks, Transportation Services, Travel & Leisure, Travel & Leisure | Read More »

[WHL SJ] Woolworths Holdings :: lukewarm sales growth; Results due out Feb 18.

[WHL SJ] Woolworths Holdings :: lukewarm sales growth; Results due out Feb 18.

Woolworths said 2H 2009 Sales rose 9.3% YoY, with Comparable Store Sales up 4.4% YoY. 2H 2009 EPS guidance points to drop of 15-25% YoY. Woolworths is expected to release results on February 18, 2010.

January 20 2010 | Posted in Broadline Retailers, COMPANIES, EMEA, General Retailers, Retail, South Africa, Stocks | Read More »