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Henderson plant to expand with state's blessing Tuesday, July 19, 2011 @ 7:56PMOne of Southern Nevada’s oldest industrial manufacturers is expanding and will get a $2.7 million tax incentive from the state.
Tanger Acquires NJ, MD Outlets For $199M Tuesday, July 19, 2011 @ 7:04PMTanger Factory Outlet Centers, Inc., (NYSE: SKT), has acquired Atlantic City Outlets The Walk in Atlantic City, NJ, and Ocean City Factory Outlets in Ocean City, MD, from The Cordish Cos. for a combined $199.3 million. Tanger, the largest pure-play outlet center REIT, has been on a retail space acquisition and development tear this year, acquiring projects through strategic partnerships with ...
Tanger Acquires Outlets In NJ, MD For $199M Tuesday, July 19, 2011 @ 6:49PMTanger Factory Outlet Centers, Inc., (NYSE: SKT), has acquired Atlantic City Outlets The Walk in Atlantic City, NJ, and Ocean City Factory Outlets in Ocean City, MD, from The Cordish Cos. for a combined $199.3 million. Tanger, the largest pure-play outlet center REIT, has been on an acquisition and development tear this year, developing and acquiring properties through strategic partnerships ...
China Merchants Bank plans rights issue Monday, July 18, 2011 @ 7:04PMThe pipeline of financial sector deals continues to grow as China Merchants Bank announces plans to raise $5.4 billion from a rights issue.
Promising software start-up Aptimize sold to US competitor Monday, July 18, 2011 @ 6:50PMOne of New Zealand's most promising software start-ups has been bought out by a multibillion-dollar US competitor.
Stocks to watch: July 19 Monday, July 18, 2011 @ 5:08PMThe New Zealand dollar is likely to be in the spotlight today, particularly for exports, after yesterday's higher-than-expected Consumer Price Index data for the second quarter saw the market bring forward bets on when the Reserve Bank will begin lifting interest rates.
UNDER THE OLD OAK TREE: The new owners of Durward’s Glen look to keep a family’s vision alive of a spiritual place to ... Sunday, July 17, 2011 @ 11:52PMThe Durward home was located where the grotto is today at Durward’s Glen. The home, that Bernard Durward built for his wife and eight children, burned to the ground in 1951.
UNDER THE OLD OAK TREE: The new owners of Durward’s Glen look to keep a family’s vision alive of a spiritual place to ... Sunday, July 17, 2011 @ 11:52PMThe Durward home was located where the grotto is today at Durward’s Glen. The home, that Bernard Durward built for his wife and eight children, burned to the ground in 1951.
Billionaire Ron Burkle acquires Ennis House by Frank Lloyd Wright Sunday, July 17, 2011 @ 11:42PMLOS ANGELES -- Frank Lloyd Wright's Ennis House, the 1924 hilltop mansion that is one of the master's most celebrated residential designs and one of Los Angeles' most revered architectural landmarks, has sold to billionaire Ron Burkle for about $4.5 million, 70 percent less than its original asking price. Mr.
Billionaire Ron Burkle acquires Ennis House by Frank Lloyd Wright Sunday, July 17, 2011 @ 11:42PMLOS ANGELES -- Frank Lloyd Wright's Ennis House, the 1924 hilltop mansion that is one of the master's most celebrated residential designs and one of Los Angeles' most revered architectural landmarks, has sold to billionaire Ron Burkle for about $4.5 million, 70 percent less than its original asking price. Mr.
Negros leaders express mixed reactions on Ayala Land deal Sunday, July 17, 2011 @ 11:36PMread more
Negros leaders express mixed reactions on Ayala Land deal Sunday, July 17, 2011 @ 11:36PMread more
Citic Pacific, Cnooc, Datang, Jiangxi, Sun Hung: Hong Kong Stocks Preview Sunday, July 17, 2011 @ 7:59PMThe following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the close on July 15.
Lincoln Square shopping center in Arlington sold for $70.7 million Sunday, July 17, 2011 @ 7:52PMA Toronto-based real estate investment trust has bought an 82 percent interest in the Lincoln Square shopping center in north Arlington, and leases for some new tenants are being negotiated.
Kenya: Transcentury Shares Drop by 7.6 Percent Sunday, July 17, 2011 @ 7:30PMTransCentury shares dropped by 7.6 per cent on the second day of trading indicating that the market had cooled down after the hype surrounding this year's second listing at the Nairobi Stock Exchange.
Zimbabwe: Visual Artists Financially Exploited Sunday, July 17, 2011 @ 5:45PMDespite the international accolades and the ambassadorial roles played by Zimbabwean visual artists overseas and locally, current world salary statistics reveal that Zimbabwean visual artists are the least paid and most financially exploited artists world-over.
Foreclosed Anaheim Office Built on Spec Sells for $14M Sunday, July 17, 2011 @ 4:06PMAn Anaheim office built during the boom has traded hands, in Real Estate
NEW HOPE: Collective slates a theater benefit Sunday, July 17, 2011 @ 3:12AMNEW HOPE — A newly formed organization, the Delaware River Theater Collective, hopes to bring professional theater back to the New Hope and Lambertville area.
A closer look at Rep. Michael Grimm's propsals in Congress Saturday, July 16, 2011 @ 5:21PMSTATEN ISLAND, N.Y. -- Here is a list of the bills and resolutions Rep. Michael Grimm (R-Staten Island/Brooklyn) has proposed since he took office in January. All are awaiting action in various committees. H.R. 198 - Veterans Dog Training...
Bernard Hickey: Shock tactics fail to give us a hefty jolt Saturday, July 16, 2011 @ 1:30PMPrime Minister John Key says a capital gains tax is one of the "third rails" of politics in New Zealand - and anyone who touches it will, in political terms, be killed instantly.This week Labour touched that rail and received...
French Consul-General Alexandre Garcia bids adieu Saturday, July 16, 2011 @ 5:20AMAFTER THE STORM-ING: French Consul-General Alexandre Garcia hosted National Day celebrations Thursday. It was a farewell for him as he'll be posted to Paris next month. Also for his Selkirk-off-54th official residence, now sold in an economy drive that may help fund a Calgary consulate which would address French settlement and investment gains in Western Canada.
Additional news "Tourism" Saturday, July 16, 2011 @ 4:43AMToday in North AHEM agreement between the Fund and Hydromet Paulsen on a joint expedition to Wrangel Island. This was BakuToday According to the press service of the North AHEM. The expedition will go to the research vessel “Professor Molchanov” in early August 2011 from Archangel.
CITIC Pacific agrees asset sale, expects $301mn profit Friday, July 15, 2011 @ 11:28PMHONG KONG : Hong Kong listed China conglomerate CITIC Pacific Ltd said it expected to make a profit of $301 million from the sale of its stake in investment holding company CITIC Guoan.
Today’s small cap stocks to watch Friday, July 15, 2011 @ 9:41AMCanadian issues that are moving on early news
Hugh Hefner: 5 Things You Didn't Know About the Playboy Founder, Reality Star and Jilted Groom Friday, July 15, 2011 @ 12:47AMTHR staff The mogul's Lifetime special, "Runaway Bride," about his aborted wedding, premieres Tuesday. read more
Labour accuses Govt of 'blatant misinformation' Friday, July 15, 2011 @ 12:14AMLabour is accusing the Government of resorting to deliberate misinformation over the impact a capital gains tax (CGT) could have on rents.A rise in rents is one of the angles of attack ministers have been using against Labour's...
Kenya: Collapsed Brokers Get NSE Shares Ahead of Public Sale Thursday, July 14, 2011 @ 11:59PMStockbrokers have reserved large portions of the Nairobi Stock Exchange (NSE) for collapsed rivals in a move that could see them rake in billions of shillings when the bourse is sold to the public early next year.
WinCo cancels plan for project Thursday, July 14, 2011 @ 11:35PMWinCo Foods LLC has dropped plans to build a 2-million-square- foot distribution center in Beaumont, and the 160-acre property that had been purchased for the project has been put up for sale.
Peoria County OKs grain elevator Thursday, July 14, 2011 @ 11:00PMThe objections of nearly all the residents who live near a proposed grain elevator in Trivoli Township weren't enough to kill the project Thursday night.
Glen Rose Petroleum Corporation Completes $1.9 Million Offering with Foreign Investors to Continue Production ... Thursday, July 14, 2011 @ 10:26AMGlen Rose Petroleum Corporation (OTC: BB GLRP.OB) has completed an offering with accredited non-U.S. investors for the sale of 4,292,990 shares of ...
Taiwan buyer of AIG unit meets final conditions Thursday, July 14, 2011 @ 10:11AMTAIPEI, Taiwan (Reuters)—The buyer of AIG's Taiwan life insurance unit, Nan Shan, has met all the conditions requested for full approval of the $2.2 billion deal, drawing a final curtain on one of the bailed-out insurer's most tortured asset sales.
More bad news for troubled Austexx as receivers move in Thursday, July 14, 2011 @ 9:15AMTHE teetering retail empire Austexx, one-time owners of the Direct Factory Outlet shopping centre in Sydney, is again in crisis with receivers called in to take control of its Spencer Street property in Melbourne over a debt of up to $360 million.
Updated: Landlords' Objections Lead To Cancellation of Borders Group Sale Thursday, July 14, 2011 @ 8:19AMResponding to objections from a powerful group of its landlords, Borders Group has asked that Direct Brands LLC be removed as a stalking horse bidder in next week's auction sale of the company. Instead, the bookseller has asked that bidder be replaced by bidders who intend to liquidate the retailer. The change came after a growing list of Borders Group landlords, including The Macerich Co ...
BentleyForbes Names Board of Directors; Appoints Three Independent Directors to Join with Firm’s Executive Leaders Thursday, July 14, 2011 @ 8:09AMLOS ANGELES--(BUSINESS WIRE)--BentleyForbes Names Board of Directors
Parmatown spurned city's recommendations for redevelopment, DePiero says Thursday, July 14, 2011 @ 8:02AMMayor Dean DePiero said his administration has tried to spur redevelopment at Parmatown Mall over the years but could not get mall owners on board. At one point the city recommended converting Parmatown into a mixed-use development, like Crocker Park, that would have contained retail and housing.
Tix Corporation Reports Record Second Quarter and First Six Months 2011 Results Thursday, July 14, 2011 @ 8:00AMSTUDIO CITY, CA--(Marketwire - 07/14/11) - Tix Corporation (the "Company") (OTCQX: TIXC) (Pinksheets: TIXC - News ), a leading entertainment company providing discount ticketing services and branded event merchandising, today reported results for the second quarter and six months ended June 30, 2011. Consolidated second quarter 2011 revenue increased 45% to a record $10.0 million compared with ...
Jamestown Plans $180M Investment in Historic Building Thursday, July 14, 2011 @ 5:07AMATLANTA- Jamestown Properties has acquired the City Hall East, the historic Sears, Roebuck & Co. building, for $27 million from the city of Atlanta. Jamestown plans to restore the 2.1 million square-foot property and call the resulting mixed-use development Ponce City Market.
Archer Daniels Midland breaks ground at industrial park Wednesday, July 13, 2011 @ 11:11PMArcher Daniels Midland, the newest company to buy land at Enterprise South industrial park, is clearing its tract for a new facility, leaving just 65 acres available for sale at the 7,000-acre former TNT site.
Mai Chen: Voters should flex their muscle Wednesday, July 13, 2011 @ 8:22PMThere have been numerous signs this week that the election campaign is well under way: * Labour announcing at 2pm on Thursday its "long-term finance plan to restore our country's fortunes;" * Minister Pita Sharples and Dr...
Jones Lang LaSalle Hotels Expects Global Hotel Investment Volumes to Reach $34.8 billion in 2011 Wednesday, July 13, 2011 @ 8:00AMJones Lang LaSalle Hotels today released its second quarter statistical analysis of the global hotel investment market, which reveals that $14.8 billion in hotel assets changed hands in the first six months of 2011.
EA Games buys PVZ maker PopCap for $650M Wednesday, July 13, 2011 @ 7:24AMNow it's official: PopCap Games, the company behind the hit game "Plants vs Zombies" and "Bejeweled," has been acquired by giant game publisher Electronic Arts for $650 million.
Petrovietnam Insurance says in stake sale talks Wednesday, July 13, 2011 @ 7:04AMPetrovietnam Insurance Co, the insurance arm of Vietnam's state oil and gas group Petrovietnam, said on Wednesday it was in talks to sell a stake to a strategic investor, but did not name the investor.
Oklahoma Experiencing Resurgence in Oil Drilling Wednesday, July 13, 2011 @ 6:07AMNOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the OTC REPORT.
NZ shares fall for seventh session Wednesday, July 13, 2011 @ 2:11AMNew Zealand shares fell for the seventh session, with Ryman Healthcare leading decliners after Tainui Group Holdings sold its stake in the company to fund its property investments. Fisher & Paykel Appliances Holdings rose.
MARKET CLOSE: NZ shares fall; Ryman leads decliners Wednesday, July 13, 2011 @ 1:13AMJuly 13 (BusinessDesk) - New Zealand shares fell for the seventh session, with Ryman Healthcare Ltd. leading decliners after Tainui Group Holdings sold its stake in the company to fund its property investments. Fisher & Paykel Appliances Holdings ...
Fitch Rates New Haven, CT's GOs 'A+'; Outlook Stable Tuesday, July 12, 2011 @ 4:43PMNEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following rating to New Haven, Connecticut's (the city) bonds: --$44.5 million general obligation (GO) bonds, series 2011B rated 'A+'. In addition, Fitch has affirmed the 'A+' rating on the city's $498 million of outstanding GO bonds. The Rating Outlook is Stable. RATING RATIONALE: --The city's financial flexibility is limited and reserve ...
Dubai may avoid sale of its main assets Tuesday, July 12, 2011 @ 4:04PMDubai may avoid selling some of its most prized assets as the lowest borrowing costs in more than two years make it easier to refinance more than $30bn of debt due by the end of 2012.
Quebec mansion sells for $3.4 M Tuesday, July 12, 2011 @ 3:52PMA posh Montreal-area estate, initially priced at $6.9 million in 2008, was purchased for less than half that amount Tuesday during Quebec's first absolute auction.
Appeals on contoversial development pack a punch Tuesday, July 12, 2011 @ 3:24PMIt was after midnight when the last public speaker approached the City Council podium to air their oppositions to the Alhambra Highlands development project on Wednesday. The Council was charged with deciding on four separate appeals to the May Planning Commission approval of the 110-home subdivision. The members did not vote on the matter, rather approved a continuance of the agenda item to the ...
Premier Exhibitions Reports Fiscal 2012 First Quarter Results Tuesday, July 12, 2011 @ 3:00PMATLANTA -- Premier Exhibitions, Inc. , a leading presenter of museum-quality touring exhibitions around the world, today announced financial results for the first quarter ended May 31, 2011.