Sona BLW: Blackstone to acquire $300 mn stake in Sona BLW, to merge it with Comstar, Auto News, ET Auto | Galvanized Round/Square Mild Steel Pipe

Tata Steel has announced its ambition to become a carbon neutral producer of steel to the oil and gas industry...

The SET50 was first published in August 1995. It measures stocks using a base value of 1,000. Its rebalancing happens semi-annually every December and June.

19 – A tourist duck boat sank during a sudden storm on a Branson, Miss., lake, killing 17 people, including nine members an Indiana family.

19 – Ontario’s top court suspended what it said was a “dubious” lower court ruling that provincial legislation to slash the size of Toronto city council in the middle of an election campaign was unconstitutional. The ruling by the Ontario Court of Appeal did away with the Progressive Conservative government’s need to invoke the notwithstanding clause and rush through reintroduced legislation on the matter.

3 – Manitoba Premier Brian Pallister abandoned plans to start charging a $25-a-tonne carbon tax in December. Instead Pallister announced he would join other conservative leaders in opposing federal plans to impose a carbon tax on provinces that did not put their own price on emissions that cause climate change.

30 – George Herbert Walker Bush, who served as the 41st President of the United States from 1989 to 1993, died at 94. Former prime minister Brian Mulroney was among those delivering eulogies at Bush’s state funeral on Dec. 5 at Washington’s National Cathedral.

22 – A child and a young woman were fatally shot and 13 others were wounded when a man walked through Toronto’s Greektown neighbourhood spraying bullets at bystanders. The 29-year-old suspect exchanged gunfire with police before he was found dead nearby. His family later said he had struggled with psychosis and depression his entire life. The victims were identified as 10-year-old Julianna Kozis and 18-year-old Reese Fallon.

Absolute Software pays an annual dividend of $0.24 per share and has a dividend yield of 4.0%. VOESTALPINE AG/ADR pays an annual dividend of $0.21 per share and has a dividend yield of 3.2%. Absolute Software pays out 300.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. VOESTALPINE AG/ADR pays out 20.4% of its earnings in the form of a dividend.

“The high reserve margin results in Eskom’s fixed and variable costs remaining high,” Nersa said. The regulator also slashed the costs allowed for primary energy to R85-billion against Eskom’s application for R104.8-billion, but cutting revenue for coal, diesel, nuclear and independent power producers. It also eliminated all costs associated with the utility’s integrated demand management programme.

The SET50 has a base value of 1,000 points, which had been determined on itd publication day in August 1995. It had reached an all-time low of 636.07 points in October 2011; and an all-time high of 1,079.78 points in May 2013.

You’ll also find that two wrenches of the same size and kind can have wildly different price tags. The explanation lies in the materials and manufacturing process. The best wrenches are made of alloys like chrome or vanadium, while less expensive tools are made from molybdenum steel or are simply stamped from sheet metal. The stamped wrenches are bulkier (more material is needed for strength), and are quite useful for occasional light duty. For frequent use, however, and for virtually any automobile applications, more expensive tools will prove the better investment.

Presumably it would be described in the 10-K Filing that the issuer would file with the SEC.  You do have to read those things carefully.  If the Offering Statement says the cash will be used for "general corporate purposes," then watch out.  That could be anything.