TVS Motor sales jump 11 percent in AugustSeptember 1st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Tuesday reported an 11 percent growth in August, totting up sales of 126,842 units as against 114,321 units sold in the corresponding month last year. "The company has thus achieved a cumulative sales growth of 5 percent for the period April to August 2009 with cumulative growth of 10 percent in domestic sales, TVS said in a statement.
Apax Partners completes tender offer for consumer finance Web site operator BankrateAugust 25th, 2009 Apax Partners completes Bankrate tender offerNEW YORK — Private equity firm Apax Partners said Tuesday that it completed a tender offer for the common shares of Bankrate Inc. as part of its plan to acquire the consumer finance Web site operator and take it private in a deal valued at about $570.8 million.
Royal KPN extends tender offer for remaining stake in iBasis until Oct. 23August 21st, 2009 Royal KPN extends tender offer for iBasisWILMINGTON, Del. — Dutch telecom company Royal KPN NV said Friday that it has extended its tender offer to acquire all the outstanding shares of iBasis Inc.
Moody's assigns investment grade rating to International Paper's new senior notes offeringAugust 3rd, 2009 International Paper's note offering gets ratingNEW YORK — Moody's Investors Service on Monday assigned an investment grade rating to International Paper Co.'s new senior notes offering. The ratings agency gave the Memphis, Tenn.-based company a "Baa3" rating on its offering and rated its outlook negative.
Apax Partners begins tender offer to acquire outstanding shares of BankrateJuly 29th, 2009 Apax Partners begins tender offer for BankrateNEW YORK — Private equity firm Apax Partners launched a cash tender offer at $28.50 a share Tuesday to acquire all outstanding shares of consumer finance Web site operator Bankrate Inc. The value of the proposed transaction, which was announced last week, is roughly $570.8 million, excluding transaction fees and expenses, according to the companies.
Hyundai sales up 17.6 percentJuly 1st, 2009 NEW DELHI - Passenger car manufacturer Hyundai Motor Wednesday said its sales (including exports) rose 17.6 percent to 47,267 units in June as against 40,182 units in the same month last year. The company's exports grew at a faster pace, logging 32.5 percent rise at 24,251 units, compared to 18,301 units exported in June 2008.
TVS Motor sales up 5 percent in MayJune 1st, 2009 CHENNAI - City-based two-wheeler manufacturer TVS Motor Co Monday reported 5 percent growth in its last month sales at 118,574 units, compared to 112,770 vehicles sold in May 2008. The company in a statement said its domestic motorcycles sales grew 3 percent to 43,165 units from 41,901 vehicles it sold in the like period last year.
Legg Mason, MGM Mirage, AK Steel, Texas Roadhouse among big market movers TuesdayMay 5th, 2009 Legg Mason, MGM Mirage, AK Steel big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Legg Mason Inc., down $3.90 at $18.63
Lower-than-expected revenue forced the asset manager to report a wider fourth-quarter loss, and it slashed its dividend by 88 percent. MGM Mirage, up $3.36 at $12.80
The sale of a hotel and casino helped the company report a first-quarter profit, and its CEO said demand looks to be firming.
TVS Motor sales up 3 percent in AprilMay 1st, 2009 CHENNAI - TVS Motor Co Friday said it sold 113,119 two-wheelers last month, 3 percent up from 109,972 units it sold in April 2008. As the company's moped sales went up to 41,065 units last month from 32,701 units a year ago, motorcycle and scooter sales reported marginal drop.
TVS Motor logs 4 percent sales growth in MarchApril 1st, 2009 CHENNAI - The city-based TVS Motor Co logged 4 percent growth in two-wheeler sales last month, the company said in a statement Wednesday. TVS sold 121,988 units in March as against 117,045 units sold in the corresponding period of the previous year, it added.
TVS Motor logs 13 percent sales growth in FebruaryMarch 2nd, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor has posted a 13 percent growth in sales in February, selling over 107,300 units as compared to the sales figure of 95,235 units for the corresponding period of the previous year. According to the company, exports amounted to 16,583 units for the period under review as against about 12,500 units shipped out the previous year.
Hyundai India's domestic sales down 13.5 percentFebruary 1st, 2009 NEW DELHI - Auto major Hyundai Motor India Monday said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units in the corresponding month last year. However, total sales including exports saw only a marginal dip of 1.3 percent to 37,216 units in the period under review from 37,700 units in the year-ago period.
Hyundai India's domestic sales down 13.5 percentFebruary 1st, 2009 NEW DELHI - Auto major Hyundai Motor India Monday said its domestic sales in January were down 13.5 percent to 21,016 units from 24,301 units for the corresponding month last year. However, total sales including exports saw only a marginal dip of 1.3 percent to 37,216 units in the period under review from 37,700 units in the year-ago period.
TVS Motor logs marginal sales growth in JanuaryJanuary 31st, 2009 CHENNAI - Two-wheeler manufacturer TVS Motor Co. Ltd sold 93,729 vehicles in January, marginally up from 93,385 units in the corresponding month last year, an official statement said Sunday.
Ashok Leyland sales down 63 percent in DecemberJanuary 6th, 2009 CHENNAI - Commercial vehicle manufacturer Ashok Leyland Ltd Wednesday reported a 63 percent fall in its December sales over the corresponding month previous year. In a statement, the company said it sold 2,321 units last month as against 6,340 units a year ago.
Loading ...