Crosstex completes sale of natural gas treating business to Kinder Morgan Energy for $266MOctober 1st, 2009 Crosstex completes sale of gas treating businessDALLAS — Natural gas company Crosstex Energy LP said Thursday it has completed the sale of the partnership's natural gas treating business to pipeline transportation and energy storage company Kinder Morgan Energy Partners LP for roughly $266 million. Crosstex will use the net proceeds from the transaction to pay down debt.
Cemex completes $1.7B sale of Australian operations to Holcim in effort to build liquidityOctober 1st, 2009 Cemex completes $1.7B sale of Australian assetsNEW YORK — Building materials giant Cemex SAB de CV said Thursday it completed the sale of its Australian operations to Holcim Group for proceeds of about $1.7 billion. The company said it plans to use the proceeds to pay off debt and strengthen its liquidity position.
Eastman Kodak completes purchase of Bowe Bell + Howell scanner business, price not disclosedSeptember 1st, 2009 Eastman Kodak completes buy of scanner businessROCHESTER, N.Y. — Eastman Kodak Co.
Weyerhaeuser completes sale of commercial business to Atlas HoldingsAugust 17th, 2009 Weyerhaeuser completes sale of 4 plants to AtlasFEDERAL WAY, Wash. — Timber and wood products company Weyerhaeuser Co.
PS Business Parks completes offering of common stockAugust 14th, 2009 PS Business Parks completes offeringGLENDALE, Calif. — PS Business Parks Inc.
CenturyLink reports smaller second-quarter profits as revenue declinesAugust 6th, 2009 CenturyLink 2Q profit sinks on revenue lossKANSAS CITY, Mo. — Telecommunications company CenturyLink, which changed its name from CenturyTel Inc.
Shares in Phorm Inc. continue falling after BT decides to shelve Web usage monitorJuly 7th, 2009 Shares in web usage tracker Phorm continue slideLONDON — Shares in Phorm Inc. continued falling Tuesday, a day after U.K.
Goldman Sachs says Universal American stock price includes Medicare Advantage challengesJune 29th, 2009 Universal American rises following upgradeNEW YORK — Shares of health insurance provider Universal American Corp. advanced Monday following an upgrade from a Goldman Sachs analyst, who said the company's stock price more than reflects the difficulties Universal American faces.
FCC approves CenturyTel's acquisition of EmbarqJune 25th, 2009 FCC approves CenturyTel-Embarq dealMONROE, La. — CenturyTel Inc.
Embarq, Sprint file suit against government over $31.6 million in income taxesJune 18th, 2009 Embarq, Sprint sue government over taxesOVERLAND PARK, Kan. — Embarq Corp.
Prosecutor cites possible threat in seeking higher bond for suspect in abortion provider deathJune 16th, 2009 Possible threats spur $20M bond for Tiller suspectWICHITA, Kan. — Prosecutors are taking possible threats made by the man accused of killing abortion provider George Tiller seriously.
Kan. abortion provider slaying suspect tells AP from jail he's 'being treated as a criminal'June 4th, 2009 Suspect in abortion provider death talks from jailWICHITA, Kan. — The man accused of killing Kansas abortion provider George Tiller said Thursday from the county jail where he is being held that he's "being treated as a criminal" even though he hasn't been convicted.
Embarq's 1Q profit falls 18 percent on lower revenue, sale of logistics unitMay 8th, 2009 Embarq's 1Q profit falls 18 percentKANSAS CITY, Mo. — Embarq Corp., the nation's fourth-largest traditional telephone company, said Wednesday its first-quarter profit fell 18 percent as business customers dropped service and the company lost money on the sale of its logistics unit.
Platinum Equity completes purchase of San Diego newspaper, names chief restructuring officerMay 5th, 2009 Platinum completes purchase of San Diego newspaperSAN DIEGO — Platinum Equity said Monday it completed its purchase of The San Diego Union-Tribune from Copley Press Inc., the private equity firm's first venture in newspaper publishing. Copley agreed to sell the Union-Tribune in March for an undisclosed sum eight months after putting it up for sale.
Web founder warns against service providers usurping users' privacyApril 23rd, 2009 LONDON - Web founder Tim Berners-Lee has warned against Internet service providers' plans to show specific advertisements to their clients depending on their browsing habits. The MIT professor, at a Web conference in Madrid, expressed his concern over the new software, entitled Webwise, which replaced standard online ads with those of the browser's dominating interests.