Who holds 27.07% of outstanding MAH shares ?Kormasinc Inc. is the majority stockholder of Vitarich Corp. (VITA). In three days, it reduced the number of VITA common shares it owned by 918,200 to 217,203,604. On Sept. 16, 2019, it sold 455,700 VITA common shares at P1.30 each and followed this up by selling 362,500 VITA common shares at P1.25 each. On Sept. 19, 2019, it sold 100,000 VITA common shares at P1.25 each. When Kormasinc sold 918,200 VITA common shares in three trading days, the stock opened trading at P1.25; hit a high of P1.26; dropped to a low of P1.22; and closed the session on Sept. 19, 2019 at P1.26 on turnover of 1.729 million VITA common shares. On Sept. 18, 2019, VITA common shares opened trading at P1.27; hit a high of P1.28; fell to a low of P1.25; and closed the session at P1.25. On Sept. 17, 2019, VITA common shares opened trading at P1.30, the stock’s high; dropped to a low of P1.27, which was also its closing price. On Sept. 20, 2019, VITA common shares … [Read more...] about Who holds 27.07% of outstanding MAH shares ?
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Business Tyson Foods Inc beat analysts' estimates for quarterly sales on Monday, powered by higher beef sales. 06 May 2019 07:45PM Bookmark REUTERS: Tyson Foods Inc beat analysts' estimates for quarterly sales on Monday, powered by higher beef sales.Net income attributable to the company rose to US$426 million, or US$1.17 per share, in the second quarter ended March 3, from US$315 million, or 85 cents per share, a year earlier.Sales rose 6.9 percent to US$10.44 billion. Analysts on average had expected revenue of US$10.29 billion, according to IBES data from Refinitiv.(Reporting by Nivedita Balu and Aishwarya Venugopal in Bengaluru; Editing by Shailesh Kuber) … [Read more...] about Tyson Foods quarterly sales beat estimates
Lifestyle The detailed manual was used by US astronauts Neil Armstrong and Buzz Aldrin to land on the moon in 1969. 03 May 2019 03:10AM (Updated: 03 May 2019 07:06AM) Bookmark The detailed manual used by US astronauts Neil Armstrong and Buzz Aldrin to land on the moon in 1969 is going up for auction in July and could fetch up to US$9 million (S$12.3 million), New York auctioneers Christie's said on Wednesday.The 44-page ring-bound Apollo 11 lunar module timeline book details every procedure that was needed to undock, land and rendezvous the Eagle with its Columbia command module when Armstrong and Aldrin became the first men to walk on the moon."These are step-by-step instructions that cover the entire portion of the Eagle flight. It is a series of instructions on everything from 'don your helmets' to 'check your power system'," Christina Geiger, head of books and manuscripts at Christie's, told Reuters.Along with technical data, the book, which was carried aboard the … [Read more...] about First moon landing manual could fetch S$12.3 million at auction
Business U.S. stock index futures were muted on Tuesday, a day after the S&P 500 and Nasdaq set intraday records, with investors going through the latest batch of earnings and weak data from China. 30 Apr 2019 07:51PM Bookmark REUTERS: U.S. stock index futures were muted on Tuesday, a day after the S&P 500 and Nasdaq set intraday records, with investors going through the latest batch of earnings and weak data from China.The S&P 500 on Monday topped its intraday record of 2,940.91 hit on Sept. 21, rising to a session high of 2,949.52. The benchmark index is now up 17.4per cent for the year.Hopes of a resolution to the U.S.-China trade war, upbeat earnings and a dovish Federal Reserve have powered the rally in stocks this year, from a steep sell-off in late 2018.Investors will also pay close attention to the next two rounds of U.S.-China trade negotiations. U.S. Treasury Secretary Steven Mnuchin said that he hopes to make "substantial progress" with Chinese … [Read more...] about Stock futures flat as investors parse latest round of earnings
Business Eli Lilly and Co's first-quarter profit more than tripled, as the U.S. drugmaker recorded a US$3.7 billion gain from its spin-off of animal health unit Elanco. 30 Apr 2019 06:51PM (Updated: 30 Apr 2019 07:05PM) Bookmark REUTERS: U.S. drugmaker Eli Lilly and Co cut its full-year revenue forecast on Tuesday, as it predicted further hits from price declines in the United States and increased generic competition for drugs including erectile dysfunction treatment Cialis.Shares of the company were down 3 percent at US$115.99 before the bell.The drugmaker now expects 2019 revenue between US$22.0 billion and US$22.5 billion, lower than its prior forecast of US$25.1 billion to US$25.6 billion. Analysts had expected US$22.17 billion.Lilly said it also expects to be impacted by the global withdrawal of its cancer drug Lartruvo, a major setback to its cancer treatment portfolio as its older drugs face intensifying competition.The company, however, raised its adjusted earnings … [Read more...] about Eli Lilly cuts revenue forecast, shares fall