Turkey’s Akfen Group is in talks with banks including Morgan Stanley and Goldman Sachs Group Inc. to advise on the sale of assets after completing its restructuring this month. The Ankara-based company is also in discussions with Credit Suisse Group AG and Deutsche Bank AG to find potential buyers for its overall holding businessAkfen Holding AS or stakes in individual companies such as Mersin International Port and renewable energy producer Akfen Yenilenebilir Enerji AS, Akfen Group Chairman Hamdi Akin said.
Category: Stanley
China Telecom Corp Ltd (CHA) Receives Consensus Rating of “Buy” from Analysts
Shares of China Telecom Corp Ltd have been assigned an average rating of “Buy” from the six research firms that are currently covering the stock. Two research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company.
Macau’s gaming industry to see better days in 2017, says Morgan Stanley
Investment bank Morgan Stanley raised its expectation for Macau revenue growth in 2017 on new casino openings and better infrastructure, but warned of risks from further Chinese government crackdowns on graft. Gross gaming revenue growth has been raised to 10 per cent in 2017 from its previous estimate of 2 per cent, according to Morgan Stanley’s latest report.
Grupo Aval Acciones & Valores SA (aval) Plans Dividend of $0.03
Grupo Aval Acciones & Valores SA announced a dividend on Monday, October 10th. Stockholders of record on Friday, December 30th will be paid a dividend of 0.033 per share on Friday, December 30th.